Bitcoin is again trying to gain a foothold above $ 8000

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin is again trying to gain a foothold above $ 8000, as expected.
The nearest resistance will be the upper limit $8150, let's see how it will work.
The next target of the bulls is $ 8700-9000.

The average moving MA200 has broken the MA50 upwards and is looking confidently at the sky - the price should be a good support in the near future.

RSI just above 50 - there is potential for growth.

Conclusion: I expect growth in BTC at least to $ 8250-8400.
Thank you, 4H is the best!
good call
+3 Reply
bit of a tricky range over here, bull traps can happen, but i think we might grasp lower first before going higher
+1 Reply
IgorPorokh VincentBoudewijn
@VincentBoudewijn, possibly
+1 Reply
Attention friend. Bearish triangle.
@Xblade66, It turned out all the same in my opinion)
Xblade66 IgorPorokh
My prediction was not confirmed. Luckily, I was in long position.
Good work, man. you were right! ;)
It's a good setup, but seems like only 1:1 R:R? I'm a little bit tentative about taking this trade.
@Etch1234, I bought)
Great call
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