As we can see that btc has been bullish since a couple of days. But the resistance level has definitely pushed btc down and may continue to go till the next three levels given .
You can go short on BTC/USDT if it breaks the red line strongly and can achieve the targets (1 or 2) accordingly to your risk to reward ratio. OR you can plan to go long if the price the upper trend line (Green).
Take a look at the daily timeframe of heavy resistance zone of BTC. But we all know btc can survive this kind of resistance as it survive it before so 60000 is just at our door step
BINANCE:BTCUSDT we have Higher-High and Higher-Low (1hr and 4hr), a textbook uptrend! So no need to panic sell. We might make a double or triple bottom at previous Higher-Low i.e $54400! But be careful and follow price action!
Bitcoin is trading at very interesting level if it able to break its ressistance then a new fresh high we can see bt it needs to take some pause before it runs bt market is our supreme court, altcoins will also rally
Firstly congratulations to those who took both side profits, ETH Short and BTC long.
Seconly- Be brave as I said, we may see 70k by 18th Sep.
Thirdly - Cut the noise , keep the long on
Now here we go, Bitcoin is pushing the channel (trying to break with volume) very bullish sign, if that happen we definately going to see next leg up till 63k (approximately...
The Bitcoin Weekly RSI has finally made a decisive breakout from the downtrend that started from 4th January 2021.
I take such signals very seriously, the ones that take a lot of time to build up.
As per scending tringle i think pric go upto 58500 then reverse or continue let see what happened
please i am not professional
please any well known person please comment me am right or not thank you
BTC weekly close above 53-54, now that's a bullish momentum, btc is so close to touch previous ATH.. Let's wait for that glorious moment. Alts will be sideways for few days as per now, but after successfully break the previous ath of BTC alt will going to be crazy.
