May 2, 2024

Bitcoin, target at 10,000

Good afternoon friends,

I believe that BTC will give an impulse of 10,000 in the next 24 hours.

Bitcoin, target at 10,000

Almost all factors inconfirmation of this idea:
Triangle pattern - yes;
Local uptrend from 8500 - yes;
Price consolidation above all EMA (50, 100, 200) - yes;
There is a retest from the upper limit of the pattern (at around 9000).

I enter a position in a small volume, since I consider the upcoming movement to be local, I put a stop at 8900, the target is 10000.
The risk/reward ratio is somewhere around 3.5 to 1.

All profit and good luck, and I remind you that all of the above is just my point of view.