Yesterday Bitcoin managed to close above EMA10 and EMA21 with average volume... This is good and supports our previous idea of a bounce next before anything else.
By "bounce" I mean prices moving up from the most recent low but not necessarily for a long-term upward move but it can just to later hit a new low.
Of course, things are always changing and the bounce can lead to a reversal and we see prices print additional growth. That's not the point right now.
EMA50 has been tested as resistance. We have not strong enough indicators...
We are likely to see Bitcoin close 2021 around $47,000 and $50,000 depending on how the day goes.
Happy New Year 2022. Amazing year that it was 2021.
I am wishing you the best financial success ever in 2022... I am wishing robust health, good feelings, great moments... I am sending you appreciation in the form of LOVE!
See you around. Thank you for being with us all this time.