Hello, friends! Is BTC still alive...haha?😉
Let's look at 4h and daily chart and try to make some decisions!
Growth in recent days gives us hope to return to the bull run and continue it.
BUT it's too early to draw such conclusions. Bitcoin is always hard to predict.
And now it's important to see what will happen in the next days.
On the left side, on the 4 h chart, we can see a descending channel and the price is confidently approaching the top point. It will either be broken upwards, but it's likely, that there may be a retest of 34-35 K, which will be a good signal to continue the oranic growth.
If the price immediately breaks the channel and goes to 47 k, that may not be a very good signal and profit taking by big players.
On the daily chart, there is no close of today's candle yet, that's why it's too early to draw any conclusions.
I'm still looking forward to the "move" in August - September and I'm very optimistic!😉
So far, that's all I wanted to tell you!
Stay in touch❤️
Always sincerely yours Rocket Bomb🚀💣
Let's look at 4h and daily chart and try to make some decisions!
Growth in recent days gives us hope to return to the bull run and continue it.
BUT it's too early to draw such conclusions. Bitcoin is always hard to predict.
And now it's important to see what will happen in the next days.
On the left side, on the 4 h chart, we can see a descending channel and the price is confidently approaching the top point. It will either be broken upwards, but it's likely, that there may be a retest of 34-35 K, which will be a good signal to continue the oranic growth.
If the price immediately breaks the channel and goes to 47 k, that may not be a very good signal and profit taking by big players.
On the daily chart, there is no close of today's candle yet, that's why it's too early to draw any conclusions.
I'm still looking forward to the "move" in August - September and I'm very optimistic!😉
So far, that's all I wanted to tell you!
Stay in touch❤️
Always sincerely yours Rocket Bomb🚀💣
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.