Bitcoin Rally 2020

2020年1月19日

BTCUSD

Bitcoin BTCUSD just breaking out above 9000. It appears to have momentum in the hourly charts, enough to to break above, stay above and to close the week above 9000.
This is a very significant level for the next phase as it appears as a confirmation qualification for a major rally to 18000.

The Weekly BTCUSD chart is very reliable and captures less volatility spikes. Signals on the weekly chart also allows better and more robust analysis and signals in the long term.

At the time of publishing, there is significant and higher than usual probability to indicate a start of the next rally.

Note that there is a lead rotation between BTC and Alt coins such as LTCUSD (Litecoin) and ETHUSD (Ethereum).

Overall, in summary, this one worth keeping your eye on...

HEADS UP!