PRO_SMART_Trader

Bitcoin Continues Higher, Can It Reach Above ~$13,200 Today?

Long
BITSTAMP:BTCUSD   Bitcoin

Bitcoin ( BTCUSD ) continues going higher and is showing great momentum and strength.

Looking at the chart above, we can see that the channel trendline has been broken with good strength and volume . The path is clear up.
Feel free to hit like now to show your support and let's continue with this analysis.

We believe that conventional markets will take another hit today when they open and this will push Bitcoin , and soon the altcoins market, higher.

Here you can see our analysis before Bitcoin ( BTCUSD ) started to move up (we predicted each move perfectly):
Bitcoin Aims at $13,900 Next, Bears Have No Chance!
https://s3.tradingview.com/6/6oQeqmfu_big.png

You can also find the SPX and DJI chart analysis below.

Our main target is the last high/peak sitting at around $13,200, followed by the peak hit in late June at around $13,900...
Only if these levels are broken we can move higher, but Bitcoin is surely aiming to try them out...

Here is the weekly chart, it shows great potential for additional growth:



S&P 500 Index ( SPX )
S&P 500 Index Drops For The First After New ATH (UK)


Dow Jonex Industrial Average Index (DJI)
Dow Jones Industrial Average Index Goes Bearish

https://s3.tradingview.com/y/yfup8krn_big.png

Thanks a lot for reading.



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.