Bitcoin - 3 reasons for growth 😲😲
Many people ask what to do? Should I sell or buy bitcoin?
In this idea we will tell you what the 3 reasons are for bitcoin to rise. What we are doing now and what to expect in the near future.
Let's start with the technical picture on the bitcoin chart.
Globally we continue to be in a bullish trend, the real targets are 120k - 130k. The maximum possible is 200k.
Locally, bitcoin made a false breakout of the important level of $55,597 today. After that we see a buyer reaction and the price came to the trend line. In case the trendline is broken, there could be a continuation of the rise to the resistance that is marked above. Additionally on each decline there are large volumes to buy. This is a good signal.
Below we have marked important liquidity levels that act as strong support and buying near them is a good opportunity.
As for us? As many already know, we trade with our own indicators. And all of them at the moment brought us good profits. You can check this in the past ideas.
Right now 5 out of 5 strategies are showing exits and we are waiting for new entry signals.
Sometimes we share signals, if you want to receive them, we advise you to subscribe to our tradingview and especially to other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyse. 💚
In this idea we will tell you what the 3 reasons are for bitcoin to rise. What we are doing now and what to expect in the near future.
Let's start with the technical picture on the bitcoin chart.
Globally we continue to be in a bullish trend, the real targets are 120k - 130k. The maximum possible is 200k.
Locally, bitcoin made a false breakout of the important level of $55,597 today. After that we see a buyer reaction and the price came to the trend line. In case the trendline is broken, there could be a continuation of the rise to the resistance that is marked above. Additionally on each decline there are large volumes to buy. This is a good signal.
Below we have marked important liquidity levels that act as strong support and buying near them is a good opportunity.
As for us? As many already know, we trade with our own indicators. And all of them at the moment brought us good profits. You can check this in the past ideas.
Right now 5 out of 5 strategies are showing exits and we are waiting for new entry signals.
Sometimes we share signals, if you want to receive them, we advise you to subscribe to our tradingview and especially to other platforms, all links below, in the comments leave your questions and the name of the coin you want us to analyse. 💚
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