BTC# 70 -- 02/19/2021 20 EMA serves as support on the 4h chart!

Hello together,

Here is an update on the BTC price again.

Unfortunately, I was often on the road the last 2 days and could not bring you an update here.

BTC has broken through the $50,000 and it seems we are respecting the 20 EMA on the 4h chart, as the days before as support. We also saw again a nice retest of our big rising wedge (yellow line)! Here we are now nicely bounced to the top. It is now important that we hold above the psychological mark of $50,000 and the support in the 4h chart (20EMA).

So we are still bullish and on course. The price target would still be $54,000 for now and then around $60,000.

Stay healthy!

Your Schueco!

P.s.: Don't forget to like and follow, so that you don't miss anything!

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