Bitcoinforecast
Bitcoin Looking to resume uptrend soon . BTC Analysis BTC after bottoming out has given us a good upmove and a sharp sell off was met by good support.
Expecting BTC to test the all time highs pretty soon as it look really good on weekly charts.
A very good long opportunity for good rewards in the coming few days.
Bitcoin; what does the future behold?One of these 3 scenarios are primed to play out in my opinion.
Leverage trade it or dont, make sure to have some dry powder if one of this plays out.
Once again, I think this will be arranged to steal your coins before the biggest bull-run in human history begins.
Good Luck. Charts dont lie.
Reasons for bitcoin correction 5 reasons to book profit
1- declining RSI.
2- declining MACD.
3- Heavy resistance at 50-51,5 k USDT.
4- q3 closing in 3 weeks.
5- out of 6, the previous weekly candle closed in red causing resistance and a decrease in the Volume over 6 weeks duration.
your point of view or suggestions are most welcome
Bitcoin movement July , August Bitcoin Movement August month
From 37K to 50K
(13K Up Movement 50-37=13)
Bitcoin Movement July Month
From 29K to 40K
(13K Up Movement 40-29=13)
Expected movement for September month
Bitcon can reach at 58K to 60K
This chart is only for educational purpose.
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