Bitcoin Aims At $4350+ With Highest Volume Since Dec.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin finally decided which way to go, and that's the way of the bulls.

Please allow me to entertain you for a few minutes and let's look at some of the signals coming from the charts:

  • 1) A strong green candle broke through EMA10, the main resistance to break to change from bear to bullish potential, supported by big volume .
  • 2) Today Bitcoin is seeing its highest volume since December when it had its last bullish wave.
  • If this momentum is to be maintained by buyers, I expect Bitcoin to go as far high as its last peak, which sits at $4384.
  • 3) The next challenge to break is EMA50 (magenta line), which held Bitcoins price on the way up.
  • Additional bullish action is expected.

Conditions for change: If BTCUSD price moves down and closes below EMA10. The above signals are invalidated and a new analysis is needed. Bitcoin would be back trending bearish-sideways if this scenario plays out.

What's your take on Bitcoin's next move?

Let us know in the comments section below... And before you go, let me share a message for your entertainment and fun.


Growing with light, within light is what we all are.

Growing in this life with light, as we experience our own great intelligence and might.

Growing light...

Growing in this life full of light.

🔥 Alan Masters Telegram 💬

(Altcoins, Chat, Support, Strategy & Crypto-Trading)

✅ Telegram Signals

Mr Alan
A question

What would happen if 50 and 100 MA crosses !?

I think we could even see 5K area :
+1 Reply
alanmasters ComeTcrypto
@ComeTcrypto, Thanks a lot for sharing, appreciated.

Great chart.
You need to make up your mind. You can be bearish one day and bullish the next day repeatedly over and over. Makes you lose credibility. Now everybody knows what the direction is and you are just stating the obvious. Hopefully we can see real Ta from you one day. Because I know you that are capable of doing a good job!
+5 Reply
SpaceCatZ SpaceCatZ
@SpaceCatZ, *cant't be i mean
Comment removed.
@SpaceCatZ, Thanks for the comment... It wasn't of much help but I still appreciate you taking the time to share it.

+3 Reply
Comment removed.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out