Bitcoin Is About To Hit $50,000+
Updated
Bitcoin (BTCUSD) is looking good on the 4H timeframe.
We can see that a new ATH was hit yet prices remain consolidating near resistance.
The longer a resistance level is challenged the weaker it becomes.
The trading volume is really low, which signals neutral/sideways or a continuation.
BTCUSD is sitting above EMA10, EMA50, EMA300/MA200. This is good.
The indicators are looking good and favoring the bulls.
It is likely that Bitcoin will try and challenge $50,000 next.
What do you think?
Make sure to hit LIKE!
Namaste.
We can see that a new ATH was hit yet prices remain consolidating near resistance.
The longer a resistance level is challenged the weaker it becomes.
The trading volume is really low, which signals neutral/sideways or a continuation.
BTCUSD is sitting above EMA10, EMA50, EMA300/MA200. This is good.
The indicators are looking good and favoring the bulls.
It is likely that Bitcoin will try and challenge $50,000 next.
What do you think?
Make sure to hit LIKE!
Namaste.
Note
🥳🎉 Bitcoin hits new All-Time High.Breaks above $50,000 easily.
Enjoy the profits.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.