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BFranklin1706_
May 26, 2021 7:46 PM

Welcome back BTC Lets get it Long

Bitcoin / United States DollarCoinbase

Description

BTC is moving forward & making higher highs & higher lows.
we need to move above 43k with a nice clean & neat close on the 4hour chart
Bitcoin is here to stay, so Bullish still.
we might have a little more consolidation around the 40k - 43k area just keep an eye on that too.
Had to update the lines & my analysis to see the clear picture here & make it look more simple.

Good luck everyone!
Comments
BizzarTrading
So bullish? We are literally under 200 EMA for the first time after 14 months and we have to believe we are still In Bull market?
D-Rock
@BizzarTrading, Think of all the fundamentals man!!!
OxbadOded
@D-Rock, there is no fundamentals. İt's just speculation nothing but hot air based on hype that has no real world use. People think it's a store of value and was made to make profit from wild swings. That is all there is to it. who in their right mind would want to buy a coin and half and hour later lose its value. Most people buy Bitcoin to make a profit from the inexperience.
D-Rock
@OxbadOded, I am pulling your leg lol in 2013 BTC went down 80% before it's next all time high. So as much I totally understand the whole 200 EMA thing... in the crypto world it doesn't mean for sure that were entered a bear market now. It does totally suck though, I really hope we aren't but no one knows.
BFranklin1706_
@BizzarTrading, what is 200EMA? oh wait just another indicator.. ok..
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