Bitcoin Prints Strong Bullish Divergence | The Low Is In? | Next

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin has been consolidating downwards for the past three weeks while holding the low from the 25th of November. Today, a new low was hit at $6425 with a 4H candlestick now starting to show increasing volume and bouncing back up, is the low in?

Here is the 4H chart:
On the daily (D) timeframe, which is the main chart above, strong bullish divergence is showing up with the MACD And RSI .

These are early signals but Bitcoin ( BTCUSD ) might have hit its low.

We have been waiting for Bitcoin to start growing in December...
We remain bullish long-term.

The altcoins continue to grow even while Bitcoin is having strong retraces and drops... This is only the beginning, the cryptocurrency markets will grow in late 2019 as well as in 2020, 2021 and beyond.

Thanks a lot for reading.

This is Alan Masters.

Comment: If you would like to check some of the altcoins, below you can find them. Click on the image to open up the chart and full trade details.

Feel free to leave a comment if you have any questions.

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Waves Long-Term Potential Set At 3,442.32% | Weekly Timeframe
Full long-term chart for Waves with targets.

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Ontology Gas (ONGBTC)

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Thanks for all you work, awesome charts! Can you look at PERL?
+1 Reply
AlanSantana Cryptonighter
@Cryptonighter, My pleasure.

Will take a look for you. :)

Another good analysis. Thanks
+1 Reply
@rocabco, Thanks, appreciated.
AlanSantana seba26-77
@seba26-77, Thanks a lot for sharing.
absolultly correct. i agree. thx :)
+1 Reply
@BTCINVESTING, Thanks for the support. :)
My pleasure.
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