Bitcoin - This is the cycle bottom!

May 29

💎Bitcoin (BTCUSD) creates a massive bottom:

🔎Analysis summary:

Yes, for the past couple of weeks, Bitcoin has just been moving totally back and forth. But looking at the higher timeframe, this is still the forming of a valid bottom formation. Just remember that bottoms take time and the next bullrun is really just a matter of time.

📝Levels to watch:

$60,000

🙏🏻Keep your #LONGTERMVISION – Phil

Jun 5

Trade active

💎Bitcoin (BTCUSD) still remains clearly bullish:

🔎Analysis summary:

Everyone is currently freaking out about the entire crypto market. But looking at the higher timeframe, Bitcoin has just been consolidating for almost 6 months. As long as the higher timeframe support area holds price, Bitcoin remains totally bullish.

📝Levels to watch:

$60,000

🙏🏻Keep your #LONGTERMVISION – Phil

Jun 12

Trade closed: target reached

💎Bitcoin (BTCUSD) is holding the support nicely:

🔎Analysis summary:

For the past four months, Bitcoin has overall just been consolidating. But looking at the higher timeframe, Bitcoin is also just nicely holding the higher timeframe confluence of support. It still seems to be just a matter of time until we see a decent bottom.

📝Levels to watch:

$60,000

🙏🏻Keep your #LONGTERMVISION – Phil