Bitcoin (
BTCUSD) is still massively bullish:

Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
Click chart above to see the detailed analysis👆🏻
Despite the correction of about -30% which we have been seeing lately, Bitcoin remains in a bullish market. Even if we see another drop of about -20%, this will still just turn into a textbook bullish break and retest and either way, new all time highs will follow on Bitcoin.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Bitcoin (Click chart above to see the detailed analysis👆🏻
It really seems like over the past couple of weeks, Bitcoin has been attempting to form a short term bottom, targeting new all time highs next. Since the overall uptrend still remains totally valid, this outcome is not impossible if the Bitcoin strength just continues.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Bitcoin (Click chart above to see the detailed analysis👆🏻
All we really want to see right now is Bitcoin closing with such a decent bullish monthly candle, breaking this monthly high towards the upside next month and just targeting new all time highs. So far everything is still playing out according to plan.
Levels to watch: $70.000, $400.000
Keep your long term vision,
Philip (BasicTrading)
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Free: SwingTrading-Academy👇
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#LONGTERMVISION
discord.gg/jgdrYXwqyD
SwingTrading.Simplified.
Investing.Simplified.
#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.