alanmasters
Long

It Is Now Fully Confirmed, Bitcoin Going $9,000+ Next!

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin started to grow with good momentum and volume on the 4H timeframe after breaking above EMA50 ($8,200).

We've been long since $7,900... You can see it here:

And here:


The Altcoins vs Bitcoin (ALTSBTC) pairs continue to grow and this move by Bitocin will only support additional growth.
This is good news for us.

As for Bitcoin ( BTCUSD ), here is what we have coming from the charts:
  • Strong bullish candle to break above EMA50 with good volume to support this move. The 4H candle needs to close for confirmation.

  • MACD entering the bullish zone for the first time since mid-Sept.

  • The RSI is really strong now sitting at 65. This is a strong signal.

  • Volume is now above-average, on the current candle, and this move is happening mid-week, which is exactly when the action starts either way.

    Our main target right now is $9,000 if BTCUSD can move pass $8480 or EMA100.

    After this candle closes (current candle), if Bitcoin doesn't move straight up, you can expect its price to range in-between EMA50 ($8200) and EMA100 ($8480) until its next move...

    Please share your thoughts with us in the comments section below.

    Show your support with a comment and LIKE.

    This is Alan Masters.

    Namaste.
Comment: BTCUSD (All the details are on the chart):
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Thank you sir...!!
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then to 4500
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alanmasters BlockchainYahoo
@BlockchainYahoo, Or maybe around $5400... We will see how it goes.
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Thanks Master
+1 Reply
@sidhabdn, My pleasure.
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Yes!
+1 Reply
alanmasters magemushroom