BitcoinUpdated APART FROM BAD SIGNALS, I'M REMAINING BULLISH!
Hello All.
Last days i was reviewing my opinion about bitcoin,
and i decided to remain bullish even if are existing
some general stock markets signals, which are mentioning,
a possible correction till and 50%.
I decided to change my view for bitcoin, from bullish to
bearish ONLY IN CASE if bitcoin falls below 8625.
As we are above this number i will keep my bullish view.
On my chart, i mention two possible scenarios.
The level of 10800 was critical level. Bitcoin manage to
close above this level and at the moment we are in
a consolidation momentum, something that indicates
more upside movement.
A resistances of 11200 and 11800 are the biggest
problems, before bitcoin get in a real bullish momentum
with targets 13k - 14k and 16k.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Last days i was reviewing my opinion about bitcoin,
and i decided to remain bullish even if are existing
some general stock markets signals, which are mentioning,
a possible correction till and 50%.
I decided to change my view for bitcoin, from bullish to
bearish ONLY IN CASE if bitcoin falls below 8625.
As we are above this number i will keep my bullish view.
On my chart, i mention two possible scenarios.
The level of 10800 was critical level. Bitcoin manage to
close above this level and at the moment we are in
a consolidation momentum, something that indicates
more upside movement.
A resistances of 11200 and 11800 are the biggest
problems, before bitcoin get in a real bullish momentum
with targets 13k - 14k and 16k.
Please share your comments / ideas.
Support our ideas if you agree with us.
Thank you in advance.
Trade closed: stop reached
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.