Bitcoin and a lot of the cryptos are looking strong today, I like Bitcoin if it can get back above 45k I would be pretty bullish going forward.
On the weekly left chart you can see the higher low trendline with the breakout today.
52k is my price where if it get's above that price I am very confident new highs are coming. Above 60k and it is almost a guarantee.
The middle daily chart I really like the candle today, it is very bullish and with holding that trendline I see that key 45k price being tested.
The right 4hr chart shows the nice break today above the very important and psychological 40k price.
The recent move on Feb 28 and March 1 where price rallied but then hit 45 resistance, I like the chances on it testing and finally breaking it soon.
On the weekly left chart you can see the higher low trendline with the breakout today.
52k is my price where if it get's above that price I am very confident new highs are coming. Above 60k and it is almost a guarantee.
The middle daily chart I really like the candle today, it is very bullish and with holding that trendline I see that key 45k price being tested.
The right 4hr chart shows the nice break today above the very important and psychological 40k price.
The recent move on Feb 28 and March 1 where price rallied but then hit 45 resistance, I like the chances on it testing and finally breaking it soon.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.