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basictradingtv
Apr 1, 2024 7:13 PM

Bitcoin - How To Trade April 

BITSTAMP:BTCUSD1M
Bitcoin / U.S. dollarBitstamp

Description

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Hello Traders, welcome to today's analysis of Bitcoin.

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Explanation of my video analysis:

Last month Bitcoin finally broke above and also closed above the previous all time high which was roughly at the $60.000 level. Considering that Bitcoin is in a massively bullish market, we could just see more continuation towards the upside. But if we get a retest of the breakout level mentioned in the analysis, you can look for long setups if you are not long on Bitcoin yet.

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I will only take a trade if all the rules of my strategy are satisfied.

Let me know in the comment section below if you have any questions.

Keep your long term vision.
Trend LinesTriangleBeyond Technical AnalysisbitcoinpricetrianglebreakbitcoinlongcryptomarketBTCUSDTtrendlineanalysisbitcoinpredictionbreakandretestbtcusdanalysis
Comments
basictradingtv
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Smash that "Like👍" button if you are also overall bullish on Bitcoin! Keep your long term vision.
MyCryptoParadise_Nathan
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Your approach of combining technical analysis with disciplined strategy adherence and a long-term perspective is a well-rounded approach to trading
basictradingtv
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@MyCryptoParadise_Nathan, yes, and also very profitable!
MyCryptoParadise_Nathan
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@basictradingtv, yeah
bossoffxmoshe
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Marvelous! ✨
basictradingtv
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@bossoffxmoshe, thanks a lot buddy ;)
Setupsfx_
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Did not work well but great effort
basictradingtv
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@Setupsfx_, still playing out though!
Setupsfx_
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@Setupsfx_ great mate, well done
henry62985
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I like it. I have been long for a while and looking to add.
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