Bitcoin - The halving breakout!
מעודכן
Hello Traders and Investors, today I will take a look at Bitcoin.
--------
Explanation of my video analysis:
On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending trendline - always rejecting towards the upside - and there is also a horizontal structure at the $67.000 level. Just don't get caught up in the short term moves.
--------
Keep your long term vision,
Philip (BasicTrading)
--------
Explanation of my video analysis:
On the Bitcoin chart there are actually only three lines which you need to draw: First you have a horizontal structure at $16.000 which Bitcoin perfectly broke towards the upside with the last cycle in 2020. Furthermore Bitcoin is creating an ascending trendline - always rejecting towards the upside - and there is also a horizontal structure at the $67.000 level. Just don't get caught up in the short term moves.
--------
Keep your long term vision,
Philip (BasicTrading)
הערה
Everything is still quite valid and playing out as mentioned...If we see a breakout, $100.000 would be the first upside target!
😴|Swing Trader
💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
💰|Stocks, Cryptos, Indices, Metals
💶|Keep your long term vision
👇🏻|Free "Trading Newsletter"
basictrading.net
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.