BTC BREAK-LOOKING FOR HIGHER LOWS
Hellooo friends from (very sunny) Munich! :)
BTC broke higher since the last idea, and just like anticipated, breaking through 8.000 psychological first, and reaching 8.500 with the Highs (I had predicted 8.600 looking at previous resistance).
A few things are clear: 1. We have to consolidate and form a Daily Higher Low. We're at 4H 12 EMA right now, and can easily touch 26 EMA at 7.800 & retest the break out zone. On the Daily, 12 EMA comes in at 7.500, the first break out zone.
2. We're definitely stronger than the April bounce, which can be seen on many indicators.
=> Of course this can be due to the ETF news, but guys, whatever the reason is: It doesn't matter. => We will see everything in the price action & patterns in the end.
If you have played the break of 7.800, like I suggest in the latest idea: good for you! If you haven't: Please follow me so you don't miss such crucial moves & gains the next time! :)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
BTC broke higher since the last idea, and just like anticipated, breaking through 8.000 psychological first, and reaching 8.500 with the Highs (I had predicted 8.600 looking at previous resistance).
A few things are clear: 1. We have to consolidate and form a Daily Higher Low. We're at 4H 12 EMA right now, and can easily touch 26 EMA at 7.800 & retest the break out zone. On the Daily, 12 EMA comes in at 7.500, the first break out zone.
2. We're definitely stronger than the April bounce, which can be seen on many indicators.
=> Of course this can be due to the ETF news, but guys, whatever the reason is: It doesn't matter. => We will see everything in the price action & patterns in the end.
If you have played the break of 7.800, like I suggest in the latest idea: good for you! If you haven't: Please follow me so you don't miss such crucial moves & gains the next time! :)
About myself: Global citizen & early Bitcoin adopter from Germany. I invested in the 2nd rally from 50 to 1.000 Dollars in BTC.
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