Bitcoin - 🎯 Phoenix Ascending & BBands

By CryptoCheck-
Hi Traders, Investors and Speculators 📈📉

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫

Bitcoin just closed another weekly candle and the price is currently stabilizing on support zone of $16000. By using two technical indicators together, we can determine which directions most likely next, bullish or bearish. The Bollinger Bands together with Phoenix Ascending also gives a potential specific price target that can likely be anticipated next.


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CryptoCheck
Bitcoin (Cryptocurrency)bitcoinforecastbollingerbandstrategyBTCBTCUSDBTCUSDTCentered OscillatorsCryptocurrencycryptotradingTechnical IndicatorsRelative Strength Index (RSI)Trend Analysis
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