Bitcoin - Breaking resistance for another +60% rally!

Sep 11

👑Bitcoin (BTCUSD) has to break this minor resistance:

🔎Analysis summary:

Just a couple of weeks ago, Bitcoin was still continuously retesting its major higher timeframe support. And after the expected +40% rally already, Bitcoin is now testing some minor resistance. If Bitcoin creates the breakout, it will immediately rally another +60%.

📝Levels to watch:

$80,000 and $130,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Sep 17

Trade active

👑Bitcoin (BTCUSD) is still completely bullish:

🔎Analysis summary:

For the past couple of days, Bitcoin has been fighting again and again with this minor resistance area. But looking at the higher timeframe, this chart is still completely bullish and heading higher. Maybe Bitcoin will create a final retracement lower first though.

📝Levels to watch:

$80,000 and $130,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Sep 23

Trade closed: target reached

👑Bitcoin (BTCUSD) can still create the breakout:

🔎Analysis summary:

Over the past three weeks, Bitcoin still rallied another +10% after the +30% rally before. This clearly shows that buyers are stepping in and bulls are taking control over the crypto market. And if Bitcoin creates this final breakout, all cryptos will just create new highs.

📝Levels to watch:

$80,000 and $130,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)