It Is Now Fully Confirmed, Bitcoin Going $9,000+ Next!

Bitcoin started to grow with good momentum and volume on the 4H timeframe after breaking above EMA50 ($8,200).

We've been long since $7,900... You can see it here:

And here:

The Altcoins vs Bitcoin (ALTSBTC) pairs continue to grow and this move by Bitocin will only support additional growth.
This is good news for us.

As for Bitcoin (BTCUSD), here is what we have coming from the charts:

• Strong bullish candle to break above EMA50 with good volume to support this move. The 4H candle needs to close for confirmation.
  
  
• MACD entering the bullish zone for the first time since mid-Sept.
  
  
• The RSI is really strong now sitting at 65. This is a strong signal.
  
  
• Volume is now above-average, on the current candle, and this move is happening mid-week, which is exactly when the action starts either way.
  
  Our main target right now is $9,000 if BTCUSD can move pass $8480 or EMA100.
  
  After this candle closes (current candle), if Bitcoin doesn't move straight up, you can expect its price to range in-between EMA50 ($8200) and EMA100 ($8480) until its next move...
  
  Please share your thoughts with us in the comments section below.
  
  Show your support with a comment and LIKE.
  
  This is Alan Masters.
  
  Namaste.

تعليق:

BTCUSD (All the details are on the chart):