Bitcoin
Long
Updated

Bitcoin - This Cycle Is Pretty Clear!

5 878
Bitcoin (BTCUSD) is still 100% bullish:

snapshot

Click chart above to see the detailed analysis👆🏻

It is actually quite a surprise that we did not see new all time highs on Bitcoin for the past two months. However we had the same thing happening back in 2017 before Bitcoin actually finished the cycle with a parabolic blow off top. So we all know what is very likely to happen next.

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👆🏻

The entire crypto market was crashing last week yet Bitcoin is about to create new all time highs. This is a clear sign that bulls are still 100% in control of the no. 1 cryptocurrency. A final consolidation before the breakout is absolutely normal and nothing to worry about.

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👆🏻

Just another consolidation on Bitcoin which is currently happening but every minor dip is immediately followed by a big green candle. This might literally be the final consolidation before we then see the all time high breakout rally. Pray with me to the trading gods!

Levels to watch: $70.000, $300.000

Keep your long term vision,
Philip (BasicTrading)

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