Bitcoin Weekly Made Easy (Bulls Vs Bears)

Updated

Here is the weekly chart for Bitcoin. Right now it is all about the orange line (EMA200) and black line (MA200)... With these indicators you can have a longer term perspective of what is happening and can also avoid panic:

(1) For Bitcoin to continue down/bearish it needs to break and close below the black line.
(2) For Bitcoin to go bullish it needs to break with good volume and momentum the orange line and close above it.
(3) This is Bitcoin Made Easy!

Support levels:

Thanks a lot for reading.

Namaste.

Note

Thanks a lot for the support, highly appreciated.

Note

Bitcoin (BTCUSD) Price Action Update (4H Time Frame) + XBT LONG Trade:

Bitcoin (BTCUSD) Support Found? Price Action (11-Jan)

Note

MACD bullish crossover on the weekly and histogram turning in favor of the bulls.

AlanSantana

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