BitcoinLong
$BITCOIN | I'm Bullish Locally
I have a bullish mood when it comes to bitcoin. We can see fixations above the important levels, which, in turn, empowers the price. Yes, the buy volumes are quite low and the price will most likely not move up to the levels of $9000, but it still is possible to catch a movement.
On the weekly chart we can see that the EMA50 is holding the price well, and the level of $8000 is successfully holding the price back from falling or fixating lower than the level. On the hourly charts we can see the breakthrough of the bullish flag and the falling wedge. It's important that the price holds higher than $8200 - $8250, because in that case we will see a continuous growth to the levels of $8400 - $8550
On the weekly chart we can see that the EMA50 is holding the price well, and the level of $8000 is successfully holding the price back from falling or fixating lower than the level. On the hourly charts we can see the breakthrough of the bullish flag and the falling wedge. It's important that the price holds higher than $8200 - $8250, because in that case we will see a continuous growth to the levels of $8400 - $8550
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