Bullish Case For BTCUSD
It looks to me that higher prices are once again in our future. Just when all hope had been lost, BTC has regained its footing. We have reclaimed our strong uptrend active since Dec-16-2020, that briefly turned to resistance this week. The giant H&S everyone has been talking about is still technically active, but in my experience, patterns that all participants can see plainly often fail.
Anyway, there is clearly massive buy side pressure. Every dip is quickly bought. Hence I feel a break to new ATH's is imminent. Failing that, the previous uptrend active since March-2020 will be what I am looking at, putting us at around $28,000.
Anyway, there is clearly massive buy side pressure. Every dip is quickly bought. Hence I feel a break to new ATH's is imminent. Failing that, the previous uptrend active since March-2020 will be what I am looking at, putting us at around $28,000.
Pesanan dibatalkan
Formation broke. Closed trade.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.