Bitcoin - Starting the next cycle bullrun!

Aug 14

🎯Bitcoin (BTCUSD) is heading for new highs:

🔎Analysis summary:

Basically since its listing back in 2009, Bitcoin has nicely been creating major bullish cycles. And for the past couple of months, Bitcoin already corrected about -50%. With the current retest of clear support, Bitcoin could now create a bottom and head for new highs.

📝Levels to watch:

$60,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Aug 24

Trade active

🎯Bitcoin (BTCUSD) already rallied about +30%:

🔎Analysis summary:

Just two weeks ago, literally noone was even paying attention to Bitcoin at all. But after the recent massive rally of about +30% within four days, momentum is clearly picking up. Looking at the wonderful higher timeframe, all of this was totally expected so far.

📝Levels to watch:

$60,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Aug 28

Trade closed: target reached

🎯Bitcoin (BTCUSD) is clearly starting its bullrun:

🔎Analysis summary:

While everyone still totally slept on the entire crypto market, Bitcoin is already up about +25% this month. And despite this very sharp movement, such a momentum was not unexpected at all. The monthly support is pretty clear and Bitcoin is just starting here.

📝Levels to watch:

$60,000

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)