Short

Bitcoin Bull Is Over? More Up? Or Are We Going Down? (1111)

Updated

I normally mention how Bitcoin tends to break all expections almost all of the time, and this time around is no different... Bitcoin Keeps On Going Up! While many people keep on expecting for it to go down. It was supposed to go down since the day it bounced on the 2nd April, yet, we have been in a very clear uptrend since, specially after we broke the down trend that started back on the 17th December 2017 when Bitcoin reached it's all time high (I wrote plenty about this).

Can Bitcoin fall? Of course it can.

Will it fall? That is for the market to decide. ... For now, we focus on the next resistance levels, which we also call "targets".

Here are the price levels where Bitcoin will face resistance next. I will share these in a range:

Bitcoin Short Term Targets:

(1) $10,300 - $10,650
(2) $11,450 - $11,700

That's all I wanted to share.
Hoping this can be useful to you...

Enjoy your life...
Enjoy every single day.

I really appreciate all the incredible support that I receive, positive comments, likes, shares and follow, for all of my Altcoins trade. I promise you that you will be seeing many new ones in the coming days.

Maybe you too want to trade, maybe in the past you made some mistakes.

Do not worry about it, more opportunities will come your way.

Because you are unique & special...
Because you always DESERVE THE BEST!

Namaste.

Note

All comments answered.

Short term we are going sideways (15min):

2h:

12 hours chart (for your own interpretation):

12h + Ichimoku Cloud:

Note

Bitcoin had a nice close yesterday. This close supports more bullish action for the near future.

Here is the 1 hour chart:

P.S. Mark 15th May in your calendars, after this date, I believe the real action will start (not exactly on this date, but after this date...).

Thanks again for reading and for your support. :)

Namaste.

Note

Bitcoin is already trying to breakout again, after only 1 day of break, what an amazing development... Keep It Up Bitcoin!

Note

Bitcoin is looking more bullish by the day. A strong close this week, above 10k, can be a very positive signal which can push us to reach our second target.

Note

For your entertaiment - January 1st 2017.

Bitcoin and other Altcoins prices:

Bitcoin = $963.03

Ether = $8.26

Ripple = $0.006540

Litecoin = $4.37

Monero = $13.58

Etherum Classic = $1.45

Dash = $11.26

STEEM = $0.17

NEM (XEM) = 0.003666

Waves = $0.244

Stellar = 0.002473

Lisk = $0.149

BitShares = $0.003923

Ador = $0.01

NEO = $0.14

PPC = $0.232

SingularDTV = $0.01

Golem = $0.0095

I/O Coin = $0.36

Siacoin = $0.000236

Syscoin = $0.0092

BitcoinDark = $3.44

PotCoin = $0.015

Synereo (AMP) = $0.039

DigiByte = $0.000255

Omni = $2.91

Vertcoin = $0.0346

Burst = $0.000543

FTC = $0.0059

BitBay = $0.00088

ReddCoin = $0.000022

DigitalNote = $0.000080

OKCash = $0.007877

Blocknet = $0.1128

PIVX = $0.007282

Verge = $0.000020

Tron = $0.00 (Didn't exist)

Note

Another opportunity to buy up on all of your favorites altcoins while this small correction takes place. Early reversal signals spotted on the BTC 1h chart:

Note

We now have reversal signals on the 2h chart as well.

Notice the last two candles as well as the fact that we went out of the Bollinger Bands:

Note

Bitcoin going down now. Here are our next support level.

Marked by the EMA100 and SMA20 lines:

(1) $9050 - $9200 (This is short term).

Note

I believe we will be going up in a few days.

Wait patiently, we will hit our targets.

Note

Here is the 4 hours chart, we bounced from an early resistance now turned support:

Note

Updating the chart, things are going good, so far this is a very "shy" correction. Let's keep it this way... Any other way? We can take that as well... :D

Note

We are looking good. Bitcoin has been holding nicely.

Here is the chart:

Note

We are good as long as we remain above the $8700 - $8800 price level. Above this level, we can consolidate and try to move up again, but if this level is broken down, you can expect a bigger dip in price.

So far we are doing good. We just wait patiently.

Thanks for your continued support.

Namaste.

Note

Please follow my new Bitcoin update. I will move the targets there.

All you have to do is click on the image below:

10 Reasons Why Bitcoin Will Continue Its Climb Up! Do You Agree?

Namaste.

AlanSantana

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