#Bitcoin has never broken 200 DMA(Weekly) and had formed long term bottom at RSI(Weekly)30, twice in the past.
The first time it formed the long term bottom with these 2 conditions was Jan-15 where is formed a long term bottom of 150 and then rallied more than 1000%
The second time this happened was in Dec-18 where it took the support of 200 DMA(Weekly) and formed a bottom at 3000 and rallied more than 400%
Looking at the price actions Bitcoin is going towards the target of 4800-5000
The first time it formed the long term bottom with these 2 conditions was Jan-15 where is formed a long term bottom of 150 and then rallied more than 1000%
The second time this happened was in Dec-18 where it took the support of 200 DMA(Weekly) and formed a bottom at 3000 and rallied more than 400%
Looking at the price actions Bitcoin is going towards the target of 4800-5000
Nota
In the Short term, it can take support at 6600-6800, the lower level of the channel running from July-19
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.