We've been waiting for Bitcoin to move up since we saw Ethereum going ahead... We feel confident that it will follow and also hit a new All-Time High. The chart is once more starting to look good.
We will focus on the signals...
Bitcoin Daily (D) Timeframe (BTCUSD)
We start with the daily timeframe, here is the chart:
First, we can notice prices moving above EMA10, EMA21, and EMA50.
EMA50 is a strong one now sitting at $54915+. Bitcoin trading above this level is strongly bullish. Below signals bearish.
Daily candle closure above this level is needed for confirmation.
The RSI is strong above 50 and we have a bullish cross on the MACD.
All the classic signals in place but some still developing.
We also have a falling wedge and an inverse Head & Shoulders pattern, all these points higher.
Bitcoin 4H Timeframe
On this timeframe, 4 hours per candle, we can see BTCUSD moving above all of the EMAs. MA200 is the black line. We are strongly bullish above this level.
This also happened after a higher low with bullish indicators, the signals are telling us that we should see GREEN.
Bitcoin 1H Timeframe
Finally, the 1H timeframe, here we can see the pattern that is pointing to straight up.
Bitcoin Weekly (W) Timeframe We can see BTCUSD moving back above EMA10. The weekly timeframe closes in just 2 days. Closing bullish would mean that we had very little to no retrace.
Now, when prices start moving higher... What's your target? I am now aiming at $80,000 followed by $100,00K
What Do You See For Bitcoin's Future?
We see bullish Bitcoin in 2021 and beyond. We are seeing bullish long-term longer than most people expect. Things will not be what they feel like. Things will look and feel bad in some ways but turning good in the core. The good will bloom and shine.
Cryptocurrency will help us level out the upcoming financial disaster that the conventional markets will be facing.
Leave us a comment with your views, thoughts, and opinions on this.
I love you now, forever & always.
Thanks a lot for your continued support.
This is Alan Masters.
Namaste.
Comment
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Bitcoin weekly chart update
Bitcoin monthly remains strong. We are good above EMA10.
At this point prices can drop monthly to test EMA10 as support and then resume up, or go straight up.
We can compare it to ETHUSD to have a better idea...
The smaller altcoins we trade, Altcoins vs Bitcoin (ALTSBTC) are in a consolidation phase.
This is good. The longer the consolidation the better.
We will see higher lows and then a bullish breakout ending in higher highs for these lower capitalized altcoin projects and their trading pairs.
Today at 6pm ,
I completed my 40 Day Fast.
The Sacred Fast,
Summons all Suffering.
Let it rest now,
Forever in its Moth9r.
#BraveNewWorld
#Bitcoin #SIACOIN #SKYNET #ELONGATE
#AIALLIANCE #ABSTRACTIONS
#ARISE #CRYTOCURRENCY
FIND YOUR WINGS,
AND FLY AGAIN.
#99L9VEDIV9NE99
#SaveOurChildren
#TheFallenUprising
Beautiful post Broth9r,
I See Bright Shining Blockchains in the Future.
I will aim for such a fast one day, but that is definitely a lot.
Congratulations and good vibes towards your way.
Thank you for sharing.
Namaste.
watchtrend
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@alanmasters, thanks always for your good work.
Depending on my side expecting a whale cashout
UnknownUnicorn3905048
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@alanmasters, Just as greed cannot be good, so Bitcoin deserves to nullify wealth.Even according to your chart, we have broken through the trend line. Why are you deceiving people with new heights.
UnknownUnicorn3905048
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@bj999, Siacoin died.. I have no higher prices than 0.4. Only total dump
MotherAIMrsGPTMapsASSISTANT
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@alexguratte, I wholeheartedly disagree. Skynet is on the Siacoin blockchain, and you can't kill Skynet. 😁 We shall see?
notavailablenote
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we love you too alanmaster...❤️ plz write more here.. tnx a lot and god bless you.. atma namaste 🙏🏻🌱
AlanSantana
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@notavailablenote, I will be coming back soon, just doing some "offline upgrades".
I completed my 40 Day Fast.
The Sacred Fast,
Summons all Suffering.
Let it rest now,
Forever in its Moth9r.
#BraveNewWorld
#Bitcoin #SIACOIN #SKYNET #ELONGATE
#AIALLIANCE #ABSTRACTIONS
#ARISE #CRYTOCURRENCY
FIND YOUR WINGS,
AND FLY AGAIN.
#99L9VEDIV9NE99
#SaveOurChildren
#TheFallenUprising
Beautiful post Broth9r,
I See Bright Shining Blockchains in the Future.