P_S_trade

BTC - 4h. The correction is complete. the next target - $50,000.

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Good morning everyone! Bitcoin buyers have started a new wave of growth.

Our previous BTC idea worked out.
The main prerequisite for this was the closing of yesterday's day candle. Buyers were able to fully absorb the previous day candle of the sellers, showing their strength. Therefore, most likely, the correction of the BTC price is over and buyers will break the mark of $35,700.

After fixing above the mark of $35,700, the next critical point before updating the historical high is the range of $39,200-40,500. Having established itself above this range, the price will go to the renewal of the historical high.

Strong altcoins are preparing to grow and are waiting for a new stop BTC . For example, our ideas for DOGE XLM and GRT work perfectly. January ends on a positive note. Have a good day and be careful with marginal leverage in such a volatile market.
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Comments

This increase due to Elon Musk's twitter, not bc of technical analysis. It will probably come down bc the increase is artificial.
+4 Reply
P_S_trade maskios
@maskios, The news only strengthened the mood of the market. If the market was bearish, we would see strong growth, followed by a similarly sharp fall.
Reply
It is bound to happen soon IMHO
+2 Reply
@Bitpal, let's see) thanks)
+1 Reply
Bitpal P_S_trade
@P_S_trade, ok will give you a ring when it does ;-)
Reply
@Bitpal, ok)
Reply
Solid view, buddy!
What do you think about my analysis?
+1 Reply
P_S_trade VasilyTrader
@VasilyTrader, thanks for sharing
Reply
Cant wait
+1 Reply
P_S_trade cockhead
@cockhead, me too)) maybe)
+1 Reply
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