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Bitcoin $BTCUSD PT 80-90k and way higher laterBitcoin’s price neared its all-time high of $61,712 early Saturday while ether set a new all-time high at $2,190. According to CoinDesk’s Bitcoin price page, the leading cryptocurrency traded above $60,000 for the first time in nearly a month after spending weeks vacillating between $52,000 and the upper $50,000s. Bitcoin pulled back marginally after peaking around $60,900, though it remains above the psychological marker as of press time. Bitcoin last hit an all-time high in mid-March, according to CoinGecko. Bitcoin bulls were further bolstered on Friday by the idea that an exchange-traded fund (ETF) with exposure to the digital asset space might be approved in 2021, after the Securities and Exchange Commission (SEC) confirmed it was reviewing ETF giant WisdomTree’s application.
BINANCE:BTCUSDLong
by BADQOMOCAWGOWLD
Bitcoin Price Analysis - Attention, it's getting serious!Hello dear readers, The bitcoin BTC price situation is extremely tense and a decision is approaching that is likely to shape the picture in the medium term. The upper resistance area and the trend channel are playing against each other. The resistance zone, marked in red on the chart, appears to be a massive hurdle, which 13 daily candles have now failed to clear. On the other side is the trend channel, which supports the price from below and pushes it further upwards. Long scenario If the upper resistance area can be broken, a strong dynamic long move is expected. The first price target of a breakout is around USD 70,000. Short scenario The resistance area pushes the price out of the trend channel. The consequence is likely to be a partly stormy correction. Two price targets can be identified, which lie at approx. 50,000 USD & in the further course at approx. 41,000 USd. Don't forget to Like & Follow if you like it :) Many greetings & success! Chartdigger
BITSTAMP:BTCUSD
by CRV_Trader
BTC what next ?BTC USDT hi guys hope you followed my last Analysis when i told you to buy BTC & ALTS at 55k-56k the price dropped to this level exactly and pumped after giving us good profits Now the situation : The inverse H&S still in play but for extra confirmation we need daily close above green area ..unless that happening we can go retest lower levels again so keep some USDT free incase we dropped again...lets see the strength of bulls here Like share and follow for more analysis Good luck
by Babenski
52
Bitcoin - A triangle to rule them allHello to you traders, as we can see Bitcoin is drawing a beautiful triangle that will probably be bullish, I say this because the upside potential is still a lot and we are far from the end of this cycle ... anyway, the current support is around 56K, while the resistance is 59.500, the more cautious traders can wait for a close above the resistance to have a confirmation of the upside, the more daring ones (like me), have bought on the support ... in the next few hours we will have confirmation of the direction that will take the trend, good trading everyone
BITSTAMP:BTCUSDLong
by MC_Capital_
Bitcoin- Bulls need to hold 57k intactWhen it comes to bitcoin, you can say anything, except that the price will fall. But let s be realistic, not even trees grow to the sky and this last bull run already reached 600% and a 30% correction is beneficial for the main cryptocurrency at this point. From a technical perspective, bitcoin has a clear and strong ceiling above 60k and now is consolidating in a very tight 5% range. 57k is the floor at this point but I don t see here a lot of buying pressure but more of a lack of selling, just for price to rebound. If or when bitcoin will break under, I see it tumbling quickly to 52k support and, a break here would confirm a double top and has as a target 40-42 zone. A spike above 60k is not out of the question though but even with this I will remain bearish on medium-term
COINBASE:BTCUSDShort
by Mihai_Iacob
106
ATH Soon. It's a time to set a new positionWhat we see today is called consolidation. We have a clear understanding of the resistance and support A lot of people think that alt season is a start, but from perspective, it's about to finish. This is a good time to open new positions. Unfortunately, we still have few volumes on the chart, but they should appear soon. This is the only thing that stops us from growing further. You can open a small long position now. And buy in addition for a resistant breakout
BITSTAMP:BTCUSDLong
by pennygene
3