We now have 6 consecutive green candles on the daily Bitcoin chart. This isn't something we see often.
At this point, many people are already looking for a retrace but here is my theory as to why I think we can go straight up.
First, it is the same signal I mentioned just two days ago with the volume bars.
We are starting to see volume, finally, but it is still...
LONG TERM buy opportunity levels Bitcoin (BTC)
. There is a possibility of temporary retracement to 32500$
. Traders can set orders based on Price Action and expect to reach short & long term targets.
. 1 Buy around 33000$ with stoploss of 28700$
. 2 Buy above 46000/51000$
. For Long players (Dip buy point) 25100$ and...
Welcome to this quick update everyone,
In Daily timeframe Chart, Once Again Bitcoin Bulls Are Back in Town, Daily MA50 got Cleared & turned into Support.
At the Moment, Bitcoin bulls are testing the Key Horizontal Resistance 41k, If Daily Candle Closed Above the 40 .6k(Daily Resistance), Next Would be 46-48k Resistance Area .