Bitcoin (BTCUSD) just broke the major trendline from the 26-Oct. peak and also hit a new high on the daily timeframe... Is Bitcoin now aiming for $10,000+?
Yes... It is possible to see Bitcoin moving higher but we wait for the candle close to confirm. Volume is still really low so a move like this can easily reverse.
Now we see EMA200 (brown line) being conquered, this move is only confirmed once the candle closes. If prices for BTCUSD end the day above $8178.2, EMA200 has been conquered, if they move lower then the chances increase for a retrace.
Where do you think Bitcoin prices are headed?
Let us know in the comments section with your own chart.
Namaste.
Comment
Bitcoin (BTCUSD) volume starting to show up... This is good...
Altcoins results...
XZCBTC (+39%)
BCHBTC (+48%)
ETCBTC (+30%)
LTCBTC (+18%)
LTCH20 (+154%)
Comment
EOSH20 (+222%)
XRPH20 (+64%)
EOSBTC (+32%)
ADAH20 (+52%)
Soon to pay TRACBTC
I will bring you more results...
Comment
Over 175% for Bitcoin SV (BSVBTC)
Comment
We've Seen This Pattern Before! Bitcoin Can Hit $9,000+ Next
BTC Weekly- EMA10/50 Bearish Cross- Long-Term Target At $48,0000
Comment
Bitcoin Gold Prints High Volume | Can Move Strong Next!
Tron Breakout Of Falling Wedge, Challenges EMA50 | Targets
Bitcoin SV New ATH on Bittrex | Where Is The Top?
ICON Prepares For A Strong Move | 200%+
Comment
Crypto Total Market Cap Gains Momentum, Aims At 241 B
Altcoins Market Extreme Bullishness | 24%+ Growth In Days!
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.