Bitcoin (
BTCUSD) is just starting a major bullrun:
Click chart above to see the detailed analysis👆🏻
Bitcoin rallied more than +40% in November and despite the recent bullrun and the all time high breakout, Bitcoin is just starting its next major bullish cycle. Looking at previous price and trend behaviour, it is quite likely that Bitcoin will eventually retest the top of the channel.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD) is just starting a major bullrun:Click chart above to see the detailed analysis👆🏻
Bitcoin rallied more than +40% in November and despite the recent bullrun and the all time high breakout, Bitcoin is just starting its next major bullish cycle. Looking at previous price and trend behaviour, it is quite likely that Bitcoin will eventually retest the top of the channel.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Bitcoin (BTCUSD):Click chart above to see the detailed analysis👆🏻
Finally Bitcoin is closing its monthly candle of November and with the expected breakout and a rally of about +40%, this seems to be just the beginning of the next bullish crypto cycle. Of course we can actually go and close out first partials here, but just looking at charts this is clearly not the end of the bullrun yet.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Bitcoin (BTCUSD):Click chart above to see the detailed analysis👆🏻
If we see even more continuation towards the upside with the monthly candle of December - which is so far actually quite likely - then we will finally have the confirmed bullish cycle breakout. This means that Bitcoin will eventually retest the top of the rising channel, creating another pump of +200% from here.
Levels to watch: $100.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.
Philip - Swing Trader
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
Free: "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
#LONGTERMVISION
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.