Bitcoin (
BTCUSD) is reversing right now:
Click chart above to see the detailed analysis👆🏻
It was really just a matter of time until Bitcoin actually manages to create a potential short term and longer term bottom. With this monthly candle, bulls are taking over again and starting to buy cryptos quite heavily. The chart just tells us that this is not the end, but rather the continuation.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD) is reversing right now:Click chart above to see the detailed analysis👆🏻
It was really just a matter of time until Bitcoin actually manages to create a potential short term and longer term bottom. With this monthly candle, bulls are taking over again and starting to buy cryptos quite heavily. The chart just tells us that this is not the end, but rather the continuation.
Levels to watch: $70.000, $300.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Bitcoin - BTCUSD - is heading for new highs:(click chart above to see the in depth analysis👆🏻)
This month, Bitcoin is starting quite slowly, but the overall trend still clearly remains much higher. With the bullish candle of April closing, a retest of the previous all time high becomes more and more unlikely and Bitcoin might just create new all time highs soon.
Levels to watch: $300.000
Keep your long term vision!
Philip (BasicTrading)
Trade closed: target reached
Bitcoin - BTCUSD - is not slowing down:(click chart above to see the in depth analysis👆🏻)
It really seems to be just a matter of time before Bitcoin creates another new all time high. Market structure is still incredibly bullish and the overall bullrun doesn't seem to be over yet. Obviously, we have to manage our risk, but Bitcoin looks quite confident.
Levels to watch: $300.000
Keep your long term vision!
Philip (BasicTrading)
Keep your long term vision!
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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.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.