Bitcoin | Looks More Bullish in Weekly Chart..!!

23 בדצמ׳ 2019

BTC/USD (Bitcoin)

Good Morning Guys..Let's Take a Look on BTC in Different Timeframe Charts..!!

Weekly Chart..!!

Weekly Chart Looks More Interesting than Other Time frames.

Weekly Candle Closed Above EMA100, That's Good Sign For BTCUSD & Now It Could Test the EMA50 (7.9k) or Key Resistance Region (8000-8200) in Coming Days.

Keep in mind, We're Still inside the Descending Channel (Downtrend) & Once 8k - 8.2k Resistance Broken Then we'll be back in Uptrend..(BTC Bullrun)

Bitcoin Need More Buying Volume For Another Green Weekly Candle..



Daily Chart..!!

In Daily TF Chart,EMA21 Already Broken & Now We're Facing Another Important Resistance (Daily EMA50)..If We Broke it Then Next Target Will be 8000-8200

in Daily TF, BTC Has Printing Bullish Divergence as well (We're Mentioned it in Last Updates as well)




Four Hour Chart..!!

In 4H Chart, BTC Finally Broke the Key Resistance in 5th Attempt & Now towards the Target.



Monthly Chart

In Monthly Chart, BITCOIN Is holding Monthly EMA21 & Once it Broken then It Might Test EMA50 (5200) & if Bounced Up From Here Then Next Target Might be 13k 0r More, BTW It Forming Bullish wedge Pattern ..



BTC (Dominance)

It's Increasing Again & Not Good For ALTS..(But Good Sign For Bitcoin)

So Better to Stay Away From ALTS & Keep Your Eyes On BTC..(King of Jungle)




Price Prediction by 2020..!!

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