good news! uptrend continues
Bitcoin appears to remain in the bullish channel, confirming the decline to 38500 (green bar on chart).
I believed I would stay on the channel but it had this expected low.
Now, the recovery faces the moving averages of 55, 144, 233 and also the limits of the channel, until finally breaking it out.
Sure it will be months before the price hits 52k again.
Bulls, be careful because the ascents are fast, often leaving no opportunity to enter.
Bitcoin is the most important currency in the world, it influences all others and other assets, don't expect it to drop too much.
*** look at my previous chart to see how i buy on botton
*** this is an amateur prediction. Just to illustrate my idea, not being guidance to anyone to buy or sell currencies or any other asset
Bitcoin appears to remain in the bullish channel, confirming the decline to 38500 (green bar on chart).
I believed I would stay on the channel but it had this expected low.
Now, the recovery faces the moving averages of 55, 144, 233 and also the limits of the channel, until finally breaking it out.
Sure it will be months before the price hits 52k again.
Bulls, be careful because the ascents are fast, often leaving no opportunity to enter.
Bitcoin is the most important currency in the world, it influences all others and other assets, don't expect it to drop too much.
*** look at my previous chart to see how i buy on botton
*** this is an amateur prediction. Just to illustrate my idea, not being guidance to anyone to buy or sell currencies or any other asset
