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Mihai_Iacob
Dec 23, 2021 4:24 AM

Bitcoin- New leg up is probable Long

Bitcoin / U.S. dollarBitstamp

Description

In my previous Bitcoin analysis I said that although I'm quite bearish in the medium term, a leg up can happen on Bitcoin.
Indeed, we had this first leg of correction with BtcUsd rising from 45.500 to 49.500.
Now Bitcoin is in a slight correction of this first leg up and is dropping slowly putting in a flag pattern on our short-term chart.
A new leg up is pretty probable at this moment and my target for this correction can be reached (52-53k zone).
As I said multiple times, only and only Btc above 53 would change my medium-term perspective to bullish.
Comments
AnonimFXRO
pffff, great move
sleguizamon92
Great job!
cicosh3lu69
Rejected on DT, bearish div on 4h, im shorting this time ;)
SimpleTradezz
@cicosh3lu69, lowest 46k btc and we going up imo, too much buy pressure
cicosh3lu69
@MCryptoA, well depends if 46k will keep more as we already touched 3 times support becomes more weeker …im afraid this time we go deeper to 42
mohammadebi3
peterbhc
I have the same target short term
Mihai_Iacob
@peterbhc, thanks for comm
CryptoSlayerFX
I like how you go with the flow, proper analysis thank you
MonoCoinSignal
Great job
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