Institutional Acceptance, Should We Add Buy Orders?Weekly Time-frame
Technology mogul and Apple co-founder Steve Wozniak has stated that he believes Bitcoin is en-route to hitting the much-coveted $100,000 Price Point. -Zycrypto
This is a bullish news for our Bitcoin, knowing that apple co-founder is a Crypto investor. Weekly time-frame is still in its support zone holding this line and closing this area is still bullish for Bitcoin.
1D Time-frame
Greed and fear index is in #21 which is bullish for Bitcoin. Bottom is still at $38,448 then hoping to pump to the upside.
4H Time-frame
Our Double Bottom seems not able to breakout to the upside, we are about to make triple bottom which is super bullish. The bottom will be at $38,500. AO is still Bearish, RSI also Bearish. We are outside the Ichimoku Cloud which is also Bearish but once the new candle opens we have more to the upside.
We will discuss more on the possibility on our Live. Stay tune and check with us!
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Disclaimer: Above Technical Analysis is pure educational information, not Investment Advice. The information provided on this post does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
