When we look at the monthly Bitcoin (BTCUSD) chart, it is now clear that all the local resistance levels have been taken out...
The next barrier is now found at $19666+ or Bitcoin's All-Time High (ATH).
Bitcoin Aims At A New All-Time High
Bitcoin continues hitting its highest level since January 2018, with prices literally aiming higher.
This chart is very simple.
We have the last two important resistance levels, which are now gone, and BTC trading above these.
What this means is that Bitcoin stays strongly bullish above the blue dashed-lines, which were our "last strong barrier"...
With these gone, we will see higher prices and hit $19000+... What's your take?
There will be a massive Altcoins market bull-run once Bitcoin is done. Just look back at late 2017/early 2018 to see what I mean by this one.
The more Bitcoin grows, the better it is for the entire cryptocurrency markets.
Once Bitcoin stops, it will be the altcoins market turn.
Enjoy Bitcoin...
Wait patiently...
And then we double win with 3X, 5X, and even 10X+... per pair.
What's your take?
Leave us a comment below...
Namaste.
The next barrier is now found at $19666+ or Bitcoin's All-Time High (ATH).
Bitcoin Aims At A New All-Time High
Bitcoin continues hitting its highest level since January 2018, with prices literally aiming higher.
This chart is very simple.
We have the last two important resistance levels, which are now gone, and BTC trading above these.
What this means is that Bitcoin stays strongly bullish above the blue dashed-lines, which were our "last strong barrier"...
With these gone, we will see higher prices and hit $19000+... What's your take?
There will be a massive Altcoins market bull-run once Bitcoin is done. Just look back at late 2017/early 2018 to see what I mean by this one.
The more Bitcoin grows, the better it is for the entire cryptocurrency markets.
Once Bitcoin stops, it will be the altcoins market turn.
Enjoy Bitcoin...
Wait patiently...
And then we double win with 3X, 5X, and even 10X+... per pair.
What's your take?
Leave us a comment below...
Namaste.
Note
Bitcoin daily (D) = Aiming at 16k+Bitcoin weekly (W) = Aiming at 16k+
Bitcoin monthly (M) = Aiming at 19K+ (ath)
This is how the charts are looking right now.
At the moment of this writing, each major timeframe is aiming higher.
The early retrace/correction signals have been wiped out.
Bitcoin is now aiming higher on all timeframes.
To see change, we would first look at the daily, then weekly, and finally monthly.
They are all now strongly bullish.
I adapt to the chart and update it.
This is the current view now.
Namaste.
Note
Take a look at this article... Our friend seba26-77 shares some really good insight on why Bitcoin can reach high numbers... ($40,000 his target).
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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.