Bitcoin (
BTCUSD) creates textbook market stucture:
Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
BTCUSD) creates textbook market stucture:Click chart above to see the detailed analysis👆🏻
The entire stock market is selling off significantly but Bitcoin and most cryptocurrencies are still holding their strong levels. This is clearly a sign of bullish strength and even if we see a retest of the previous all time high, the overall uptrend remains perfectly valid over the next months.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
Trade active
Trading update on Bitcoin (BTCUSD):Click chart above to see the detailed analysis👆🏻
After we saw a minor dip yesterday, Bitcoin is already again attracting bulls and is about to shift bullish also on the smaller timeframe. However, we could still see a retest of the previous all time high before Bitcoin will most likely continue with the overall bullish cycle.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
Trade closed: target reached
Trading update on Bitcoin (BTCUSD):Click chart above to see the detailed analysis👆🏻
Despite the overall fearful crypto environment, Bitcoin did not retest the previous all time high yet. Obviously this is a rather bullish sign because if something doesn't drop, it will eventually rise. Noone knows when, but the chart tells us that it might actually happen soon.
Levels to watch: $70.000
Keep your long term vision,
Philip (BasicTrading)
Keep your long term vision!
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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.
Keep your long term vision!
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
Free: Join our "Elite Trading" community👇🏻
discord.gg/jgdrYXwqyD
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.