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AlanSantana
Sep 5, 2021 5:38 PM

Bitcoin Still Aiming at $64,000 and $80,000+ (Altcoins Update)  Long

BITSTAMP:BTCUSD1D
Bitcoin / U.S. dollarBitstamp

Description

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Bitcoin (BTCUSD) has shown massive resilience while it continues trading above MA200.

Ethereum (ETHUSD) took the lead and Bitcoin followed.

The weekly timeframe chart is also looking pretty good and we are likely to close above $50,000 (strong bullish) signal later on today.

The weekly candle is yet to close and candle closure is needed for confirmation.

Everything points higher.

We keep our $64,000 target first, previous ATH followed by $84,000+.


Altcoins Market Update

All the altcoins are growing extremely big and strong as we predicted.

Those that are yet to move, wait patiently and their turn will come.

It is wiser to wait for your coin/pair to move rather than chase the moving ones.

You can earn more money while waiting/holding with the right plan rather than trying to pick the one that will move next.

This is not financial advice.

Thanks a lot for reading.

Namaste.

We are going with this one:

Comment

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Expanding on how to trade Altcoins...

Trading Cryptocurrencies Fully Explained In 3 Very Easy & Simple Steps.
Trend AnalysisTechnical IndicatorsBeyond Technical Analysis
Comments
AlkalineFX
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Fantastic Value!
AlanSantana
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@AlkalineFX, Thanks for the coins and support. :D

Namaste.
BitcoinMaster6012
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sell while all analyzers talk about new ATH and +84k target , and buy when them talk about btc below 20k ;) easy
AlanSantana
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@BitcoinMaster6012, Are you selling now?
saadarshad
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@AlanSantana hahaha very True👍
saadarshad
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@AlanSantana please give your comments on Cardano ADA
AlanSantana
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@saadarshad, Looks like distribution (ADAUSD).

Needs time, the week just started.
Savvythe1
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I like this one for the win!
AlanSantana
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@Savvythe1, Good to know.
rTrader_official
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I'm disagree bro, BTC will reject from strong resistance on 51K 0.61% fibbo, volume is not enough to break the resistance, I think BTC will dump to 40k or lower area once again and create a strong support on those areas....this fast moves is not very good for market, I hope BTC will have correction instead of pump unnormal and ETH have huge gap on 1800 and I have fear of the market fall more of than our expect but thanks for you strong analysis
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