Bitcoin Starts To Gain Momentum | $8,000+ Or $10,000 Next?

Bitcoin / U.S. dollarBitstamp

Description

⋅ Dec 22, 2019 5:43 PM

Bitcoin (BTCUSD) printed a massively bullish candle on the 18th of December, you can see it marked with a blue circle on this chart.

This candlestick printed high volume and managed to break above multiple resistance levels.

Many people are saying that Bitcoin will now go lower, and this is surely possible, but they are ignoring this signal.

Right now, on this timeframe, 12H, we are seeing a break of EMA50 (yellow) and EMA10 (green) already conquered, which is strongly bullish. (EMA50 needs candle closure for confirmation).

This move is just developing (taking form), if the candle close is strong, Bitcoin will continue going higher.

Here you can find additional information on a shorter timeframe (4H) | Bitcoin (XBTUSD):

Thanks a lot for reading.

Namaste.

Comment

⋅ Dec 23, 2019 4:35 PM

Bitcoin update on the weekly timeframe:

Trend Analysis Technical Indicators Bitcoin (Cryptocurrency)BTC BTCUSD alanmasters binance altcoins crypto bittrex

Comments

Moosa65

⋅ Dec 22, 2019 6:05 PM

Thank you for sharing your great idea. I also see the BTC bullish right now. Check out my idea

AlanSantana

⋅ Dec 23, 2019 2:07 AM

@Moosa65, Looks pretty good, thanks for the chart.

UnknownUnicorn6061584

⋅ Dec 23, 2019 2:14 PM

beatiful chart
my idea
btc will fill 200$ gap within a weak

AlanSantana

⋅ Dec 23, 2019 4:17 PM

@david_smith, Thanks for sharing.

UnknownUnicorn6047038

⋅ Dec 23, 2019 12:01 PM

i think now we sould wait for a small correction than can go long, my idea about this

AlanSantana

⋅ Dec 23, 2019 4:18 PM

@Alex_Clay, Thanks for the chart.

Anpu

⋅ Dec 23, 2019 6:54 AM

Interesting!
This is my work about BTC.
Would be great to know what you think

AlanSantana

⋅ Dec 23, 2019 4:18 PM

@Anpu, Really nice chart, thanks for sharing.