Bitcoin (BTCUSD) has been a slow recovery with slow and steady growth which is now turning into a "strong recovery".
We have a "V-shaped" bottom and there was only one barrier left to know if Bitcoin would produce additional up.
If prices close weekly above $7865 (EMA50), we can easily see Bitcoin move higher and hit $9000+, which has been our target since March.
Do you believe Bitcoin will continue higher or a drop is imminent?
Share with us in the comments section below.
Namaste.
We have a "V-shaped" bottom and there was only one barrier left to know if Bitcoin would produce additional up.
- This resistance is at $7865 and is now being challenged on the weekly timeframe.
- Prices for BTCUSD are safely trading above EMA50 (magenta line) on bullish indicators.
- The MACD is showing a young bullish cross while the RSI is now sitting above 50.
- All the EMAs were tested and held as support, including MA200.
If prices close weekly above $7865 (EMA50), we can easily see Bitcoin move higher and hit $9000+, which has been our target since March.
Do you believe Bitcoin will continue higher or a drop is imminent?
Share with us in the comments section below.
Namaste.
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🚨 TOP FREE Trades
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1450% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。