Bitcoin Goes Bullish, The Signal Is In! $10,000+ in Jan. 2020?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin ( BTCUSD ) managed to break and close above MA200 for the first time since Oct. 2019... Giving us a very strong bullish signal... Where to next?

  • Bitcoin hit a low on the 18-Dec. '19 and after we only see prices moving higher and higher, producing what we call slow-steady growth.

  • The major trendline that started with the 29-Jun. '19 peak has also been conquered.

  • MA200 has been conquered and prices are easily trading above all major EMAs we use for charting (EMA10/50/100/200/300).

  • Trading volume is still generally low but going in favor of the bulls.

  • The MACD is showing bearish divergence but this isn't present with the RSI . We have many more bullish signals than bearish but we have to keep this in mind, as the charts are always changing and markets can easily turn.

  • The next immediate resistance is sitting at $9623, if this level can be conquered we can expect for Bitcoin to move higher and reach $10,500+.

  • The next immediate support is sitting at $9242 followed by the $8900 - $9100 price range.

  • If the above support is broken, the main and strongest support will be sitting around $8,000, this is a very strong level and should be watched closely if prices move lower.

With all that said, a decisive and strong move is still in the making and about to come... Bitcoin continues holding, continues growing and now looking better and strong.

The altcoins market continues to produce great gains... January 2020 was really a good start.

This is only the beginning... Below you can find some recent results:

ZCoin Continues | We Are At 100%+ With Huge Potential Left

PERLBTC (+90%)

POTBTC (+68%)

ICXBTC (+40%)

ADAH20 (+279%)

Thanks a lot for reading and for your continued support.

Comment: Ripple Is Preparing To Jump | Massive Potential W/ 10X Lev.

ICON Continues... Goes Parabolic | Support & Resistance Mapped

Cortex Breakout Of Falling Wedge | 40% Targets Mapped + Signals

LSKBTC (+58%)

LTCBTC (+30%)

Direct your focus towards your likes, your pleasures, your wants...

It is not that you will focus on desires, but energy goes where attention goes.

We are looking for a happy life, freedom, financial wealth for comfort and so much more...

Focus on the task at hand.

Focus on those little things that have been there for long but yet still needs to be done.

Enjoy while all of this is happening.

First, take care of your business, then relax by enjoying the fruits of your work.

Stay focused... The rest will develop beautifully on its own.

Comment: ARPA Chain Challenged EMA50 | 90.09% Targets Mapped

Ankr Network Bullish Divergence | Short-Term Analysis

Guppy PREMIUM Long-Term Trade (GUPBTC | 1895% - 23,045%)

Wanchain Challenging Resistance, Ready To Grow 40-80%
🌐 Alan Masters Trades PREMIUM

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🅰️ Alan Masters Crypto |

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Related Ideas


alan: rocket style (^-^)
alanmasters QuantumHedgeFund
sufficient work
your thoughts about this?
alanmasters David_Smith
@David_Smith, Thanks for sharing.
we need to go down
@dimonle, It can happen but no need... We can also go up.
dimonle alanmasters
@alanmasters, anyway at least 8500 we need
Here we go uncle Alan :)
alanmasters Cryptalion
@Cryptalion, My pleasure, thanks for chart.
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