Technical analysis: #Bitcoin (weekly update)
. BTCUSDT is breakout confirmation done as well as trading above the both MA's (21 & 50-
Day MA), and the beginning of parabolic uptrend is expected.
. The RSI is also breakout its downtrend.
. little pullback could happen around 57k after that 100k is on mark!!
. death cross not happen that's means bulls are in full control the market.
Take Profits:
TP1= @ 78650
TP2= @ 98360
SL= below 55k usdt on daily closed bases
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#bitcoin #crypto #nextmove #bullmarket #weeklyclosed