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AlanSantana
Jan 7, 2020 9:03 PM

Bitcoin Takes Out EMA100... Aims Higher At $9217 

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Bitcoin (BTCUSD) just took out EMA100 after easily conquering EMA50 (yellow).

As can be seen in my previous analysis below, MA200 is the next target after EMA100 has been conquered:
Bitcoin Challenges EMA50, Aims At $9248 or MA200, Possible?


EMA200 is already in play (brown line) and Bitcoin is only gaining in momentum... We go with the trend.

The Bitcoin Bulls Are In Full Control!

Namaste.

Comment

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Crypto Total Market Cap Gains Momentum, Aims At 241 B


Altcoins Market Extreme Bullishness | 24%+ Growth In Days!

Comment

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General Bitcoin & Altcoins Market Update And Prediction For 2020
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Comments
Lavish_Jindal
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what do you think, can this be a crucial moment for small alts as they have just started showing signs of recovery and rise of btc at the same time can make them at the below or same level as before?
AlanSantana
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@Lavish_Jindal, The small alts will continue to grow.

The worst case I am seeing is a strong correction but they will continue to print higher lows and once Bitcoin settles they will explode up!

When Bitcoin stops and starts the last drop before the halving, the money will flow to the altcoins.

Namaste.
Lavish_Jindal
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@alanmasters, thanks for your opinion, it matters a lot :)

Namaste.
AlanSantana
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@Lavish_Jindal, It is my pleasure.

Thanks a lot for your support.
Blockchain_Roller_Coaster
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I would agree to this cycling theory around halving. Would be glad to see your alts charting around the pre-halving small BTC drop expected zone.
AlanSantana
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@Blockchain_Roller_Coaster, I will be sharing them all day long. :)
Blockchain_Roller_Coaster
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Looks very possible. Would be interesting to see if there is a correction in PRICE or TIME after testing MA200. A correction in time could lead to a death cross forced to turn into a golden cross by halving (thereby completing the accumulation/ pre halving running). Anyways taking some profits at MA200 is always good. Cheers from Chicago Brother.
AlanSantana
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@Blockchain_Roller_Coaster, Thanks for sharing, appreciated.

Blessings from Santo Domingo.

Namaste.
CryptoBullet
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interesting view
there is the resistance above the resistance. Wanna know when the bull market begins? You can read my idea and find out
AlanSantana
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@CryptoBullet, Thanks for the chart.
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