UPDATE: THE FUTURE OF BITCOIN
BTC USDT | 4H TF:
Summary Of Movement Since Last Analysis
Latest Movement:
Though rejected here sharply at 41k, it continues poke this mark, currently maintaining 41k price range.
A comfortable break of this level and stable stay above this level is bullish for me.
It Means we are back in the strong trend channel.
We sincerely sympathize with Ukraine at this time, but Crypto/ BTC is impacting Ukraine for good and in turn impacting bitcoin too.
Also a good time to breathe for the altcoins.
Follow CryptonKidd for daily crypto analysis. Share your thoughts and ideas.
Check Out Previous Analysis Here https://www.tradingview.com/chart/BTCUSDT/Vlh1uccF-THE-FUTURE-OF-BITCOIN/
Summary Of Movement Since Last Analysis
- We broke above the Weak Trend line (see the chart image). Traded above it for a while, then
- BTC dropped down to Retest the weak line, but It held up as support
- Bounced again off the weak trend mark and hit the Strong Trend mark line(see chart image)
Latest Movement:
Though rejected here sharply at 41k, it continues poke this mark, currently maintaining 41k price range.
A comfortable break of this level and stable stay above this level is bullish for me.
It Means we are back in the strong trend channel.
We sincerely sympathize with Ukraine at this time, but Crypto/ BTC is impacting Ukraine for good and in turn impacting bitcoin too.
Also a good time to breathe for the altcoins.
Follow CryptonKidd for daily crypto analysis. Share your thoughts and ideas.
Check Out Previous Analysis Here https://www.tradingview.com/chart/BTCUSDT/Vlh1uccF-THE-FUTURE-OF-BITCOIN/
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