Bitcoin (
BTCUSD) is still rather bullish:
Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD) is still rather bullish:Click chart above to see the detailed analysis👆🏻
In December of 2024, we saw a little pause during the overall bullish crypto bullrun, which was actually quite expected after the recent rally of about +500%. This could still turn into a false breakout, but since everything looks rather bullish, new all time highs are much more likely.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Bitcoin (BTCUSD):Click chart above to see the detailed analysis👆🏻
Now there is really some indecision at the top and for the past two months we basically only saw sideways price action. But even if Bitcoin reverses towards the downside here, this can still very well turn into an all time high break and retest, with the continuation of the underlying uptrend.
Levels to watch: $70.000, $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👆🏻
After we have seen just a lot of noise recently, bulls are now starting to push Bitcoin towards new all time highs. The cycle remains 100% intact and looking at the previous breakout, it is quite likely that 2025 will be another green crypto year. Target is simply the channel resistance trendline.
Levels to watch: $70.000, $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.