Hello guys, hope you enjoyed your weekends. I took a 2 days break which was much needed.
Let's start this week with this BTC Update.
Bitcoin has been trading under this descending channel since the last 1 week.
Breakout to the upside can take BTC to 62k level.
While I expect BTC to hit the 54.8k to 55.6k level again a breakout to the upside is possible.
BTC is mostly moving sideways providing an opportunity for the altcoins to pump.
Conclusion:- Unless BTC breaks and closed above the 21D MA a retest to the 54k to 55k level is highly likely.
Do hit the like button if you like my updates and share your views in the comment section.
#PEACE
Let's start this week with this BTC Update.
Bitcoin has been trading under this descending channel since the last 1 week.
Breakout to the upside can take BTC to 62k level.
While I expect BTC to hit the 54.8k to 55.6k level again a breakout to the upside is possible.
BTC is mostly moving sideways providing an opportunity for the altcoins to pump.
Conclusion:- Unless BTC breaks and closed above the 21D MA a retest to the 54k to 55k level is highly likely.
Do hit the like button if you like my updates and share your views in the comment section.
#PEACE
Note
Closed above 21D MA.
I expect a retracement and then a rally towards $62k level.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.