BTC longterm view. When we can go up? historical trendline...
Updated
Hi I am new here on trading view, I found there a lot of awesome charts and predictions, so I add my opinion to the Bitcoin longterm.
In chart we can see historical trendline , there was few touch and after was every time jump up,
so I hope that bitcoin touch the line in november or december and we will se next wave-bull run.
So much investors, traders and hodlers wait for this moment, there is a lot of positive things about crypto like never :)
New crypto trading platform is prepare for open doors large institutions, there comes a lot of capital to crypto markets.
Bakkt open trading with Bitcoin futures in 12. December.Next there is Fidelity, ETF and more.
November and December is strong months in cryptomarkets, so I hope that this year will be the same :)
There is 3 scenario,
Bitcoin go to the side and touch the trendline between 15-30. December.
Bitcon break triangel resistance and we can go up early and touch the trendline after uptrends correction.
Bitcoin break down over strong support 6000-5800usd, in this case we can look nearly 5000usd and touch the trendline .
I prefer that BTC touch 6000usd support or 5800usd and around end of November we will se new capital and fresh air in the markets,
touch the historical trendline and Bull can started. Targets can be 20k-100k or more.
Thank you for your activity ,comments, likes and follows.
I will try to update the situation as much as possible.
In chart we can see historical trendline , there was few touch and after was every time jump up,
so I hope that bitcoin touch the line in november or december and we will se next wave-bull run.
So much investors, traders and hodlers wait for this moment, there is a lot of positive things about crypto like never :)
New crypto trading platform is prepare for open doors large institutions, there comes a lot of capital to crypto markets.
Bakkt open trading with Bitcoin futures in 12. December.Next there is Fidelity, ETF and more.
November and December is strong months in cryptomarkets, so I hope that this year will be the same :)
There is 3 scenario,
Bitcoin go to the side and touch the trendline between 15-30. December.
Bitcon break triangel resistance and we can go up early and touch the trendline after uptrends correction.
Bitcoin break down over strong support 6000-5800usd, in this case we can look nearly 5000usd and touch the trendline .
I prefer that BTC touch 6000usd support or 5800usd and around end of November we will se new capital and fresh air in the markets,
touch the historical trendline and Bull can started. Targets can be 20k-100k or more.
Thank you for your activity ,comments, likes and follows.
I will try to update the situation as much as possible.
Note
Hi BTC show some positive move here, but we dont won yet.We break our first triangel resistance (smaller) aroud 6379usd, and now looks if bulls be strong, that we can look for testing bigger triangel resistance around 6700usd. if not, we go for retest 6300-6150usd. We are up on the most buy and sell range, so its positive too. This is chart from coinbase, in Bitfinex we is little different, now is important be patient.
Thank you
Note
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