BITCOIN - Came as a surprise!
Updated
The minor support of Bitcoin came as a surprise, and we saw Bitcoin grow again!
As can be seen in the chart, the current bitcoin candlestick has penetrated the Ichimoku cloud. If subsequent candlesticks can be "stabilized" in the area above the Ichimoku cloud, we can expect the price to rise to a significant resistance of $ 50,000.
Of course, if Bitcoin can not penetrate the top of the Ichimoku cloud, this range will find resistance and can push the price of Bitcoin back to lower support. If it falls again, the first support will be $ 42,000 and then $ 40,000.
As can be seen in the chart, the current bitcoin candlestick has penetrated the Ichimoku cloud. If subsequent candlesticks can be "stabilized" in the area above the Ichimoku cloud, we can expect the price to rise to a significant resistance of $ 50,000.
Of course, if Bitcoin can not penetrate the top of the Ichimoku cloud, this range will find resistance and can push the price of Bitcoin back to lower support. If it falls again, the first support will be $ 42,000 and then $ 40,000.
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The best decision at this point is to either reduce your trading volume or exit. Enter if a 4-hour candle can break $ 45,000. Otherwise, enter the $ 40,000 range if it falls.
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