BitcoinLong
Bitcoin ! Time to Long 16k Incoming
Looking at the btc daily chart you can clearly figure that the old support has became resistance and it has been jumping off the resistance to support similar to s&p 500 .
By this chart 16k bitcoin is incoming very soon and after that it will either consolidate in the area to lower down in the rsi or correction back to 12/13k or 11.5k in the worst case scenario.
Bitcoin rise after September low is also indicating a alt season is on the horizon as the btc dominance looks to drop drastically.
By this chart 16k bitcoin is incoming very soon and after that it will either consolidate in the area to lower down in the rsi or correction back to 12/13k or 11.5k in the worst case scenario.
Bitcoin rise after September low is also indicating a alt season is on the horizon as the btc dominance looks to drop drastically.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.