Bitcoin
Long
Updated

Bitcoin - Just Objectively Look At The Chart.

2 945
Bitcoin (BTCUSD) remains very bullish lately:

snapshot

Click chart above to see the detailed analysis👆🏻

Many traders are actually calling the top on Bitcoin but if we objectively look at the chart, situation is entirely different. First, Bitcoin just broke above the previous cycle high with a massive candle and second, we still have a valid rising channel acting as a major support.

Levels to watch: $70.000, $300.000

Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Bitcoin (BTCUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

I know, Bitcoin has been kind of boring lately with a consolidation lasting about four months now. Again, it all comes down to being patient enough to wait for the next move, which is most likely another new all time high. Regardless of what happens, cryptos remain bullish.

Levels to watch: $70.000, $300.000

Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Bitcoin (BTCUSD):

snapshot

Click chart above to see the detailed analysis👆🏻

Yesterday we just witnessed how fast Bitcoin can pump, seemingly out of nowhere. But if we look at the higher timeframes, market structure is still clearly valid and even if we get a retest of the previous all time high structure, Bitcoin remains super bullish.

Levels to watch: $70.000, $300.000

Keep your long term vision,
Philip (BasicTrading)

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