Bitcoin Next Target $7475? See Inside

18 באפר׳ 2020

Our last article recently talked about Bullish Bitcoin (XBTUSD) and Bitcoin Going Higher (BTCUSD | Weekly)... Today we have signals that the bulls are taking control.

Prices are now moving above EMA300, which is the main resistance now faced by XBTUSD on this timeframe.

MA200 is starting to curve up with momentum while the indicators are strongly bullish. The trading volume is going green/bull.

If Bitcoin closes above EMA300, we can easily see $7475 hit next... This is a short-term analysis:

Bitcoin Breaks Descending Channel, Trading Above Resistance

Final Pump Before The 2020 Bitcoin Halving? Weekly TF

Thanks a lot for reading.

This is not financial advice.

Namaste.