Bitcoin forming a bullish rising wedge!!!

Jun 9, 2021

At the moment, Bitcoin up from $32,000 USD to $37,000 USD. In the past analyze, we see that Bitcoin formed a shoulder head shoulder (bearsih pattern) and the prediction was very good, I do not entry in this short position becuase I can't to catched this trade in the time.

s3.tradingview.com/snapshots/s/SlBQvyi6.png

This it's the H4 timeframe that we can to look the Shoulder Head Shoulder better.

Now, in the H8 timeframe, if you want to trade Bitcoin, we need to hope a buy above of $39,300 USD if you want to trade Bitcoin to long position. I see that Bitcoin it's look bullish and my next prediction will be that Bitcoin may to up to $49,000 USD in few days.

s3.tradingview.com/snapshots/y/yrTcZcDx.png

Now, lookin the Daily timeframe, we see that Bitcoin it's in formation of this bullish rising wedge, and we see that Bitcoin make a strong support around of $30,900 USD, that mean that bulls are hold Bitcoin above of $30,000 USD. For that, Bitcoin have all chances to go up the trend. And there' we see a bullish divergence, that will be very good for the RSI.