Bitcoin - The path remains clearly bullish!

Sep 19

💰Bitcoin (BTCUSD) remains bullish either way:

🔎Analysis summary:

For the past 1.000 days, Bitcoin has simply been heading higher. Considering that the previous bullruns lasted about 800 days, Bitcoin is ready for a correction. But market structure tells us, that Bitcoin remains bullish, even if we see a short term correction in the near future.

📝Levels to watch:

$50.000, $1.000.000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Sep 30

Trade active

💰Bitcoin (BTCUSD) points much higher:

🔎Analysis summary:

Despite the recent consolidation of a couple of months, Bitcoin remains bullish. In fact, this just means that big institutions are buying Bitcoin while retail traders are afraid of a reversal. Patience remains key and will reward those who are able to hold.

📝Levels to watch:

$50.000, $1.000.000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION

Oct 7

Trade closed: target reached

💰Bitcoin (BTCUSD) is still not bearish:

🔎Analysis summary:

Just a couple of hours ago, Bitcoin created another new all time high. However, we are also still looking for the ultimate bullish breakout, starting the next parabolic rally. Even if we see a retracement though, Bitcoin remains bullish and only time will tell.

📝Levels to watch:

$50.000, $1.000.000

SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION