AlanSantana

Will Bitcoin Conquered $9,000 Or Move To $3,000 (MA200 In-Play)?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I just wrote about Ethereum ( ETHUSD ) and wondered if Bitcoin will follow the same path...
Right now it doesn't look like it...

We can clearly appreciate that Bitcoin ( BTCUSD ) is moving higher but we can also see a rising wedge , curving indicators and volume is low, ETHUSD is showing good volume .

EMA300 has been conquered recently on low volume , so if the bulls don't push prices up fast, BTCUSD is likely to move lower to test this level of support.

Our target when looking at the chart below was MA200, which is being hit...

Do you think that Bitcoin will go higher or will it retrace before the halving while the altcoins continue to increase?

My view is that Bitcoin will release some of the attention while the rest of the market also grows.

Namaste.
Comment: Looks like a peak has been hit. Bitcoin going lower.
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Comments

i would say, we see 10,2k, than a drop to 8,3k. than next up to 14k. lets see.
+3 Reply
mbpump BTCINVESTING
@BTCINVESTING, 8.3k does not
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@mbpump, yes could be. lets see.
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diversionlulu BTCINVESTING
@BTCINVESTING, 3k by april
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BTCINVESTING diversionlulu
@diversionlulu, funny. :-)
+1 Reply
BTCINVESTING BTCINVESTING
@BTCINVESTING, just for info ...

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AlanSantana diversionlulu
@diversionlulu, Possible but still hard.
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NxtUp BTCINVESTING
@diversionlulu keep dreaming :)
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@NxtUp, you too. :-) btw i m trading futures. for me it doesnt matter if it goes up or down. :-)
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NxtUp BTCINVESTING
@BTCINVESTING, sorry my comment was towards the other guy who commented β€œ3k by April” .. :)
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