TradingView
r1k3r
Aug 18, 2021 7:48 AM

Bitcoin the Bullcoin Long

Bitcoin / U.S. dollarBitstamp

Description

Hello altogether!

I wanted to share my BTCUSD chart with you.

We recently made a big move - above the vertical resistance that kept Bitcoin in bearish looking territory.
Now that we were able to break this resistance, Bitcoin looks very healthy again.

The next big hurdle is the horizontal resistance at approx. 48.000 USD. If that breaks, I am expecting a move back to the recent ATH and higher, since all the remaining resistances look very weak.
More