elitealpha

Bitcoin 4 Hr Update

Long
COINBASE:BTCUSD   Bitcoin
Now $7000 is holding strong
The only thing that would really stop Bitcoin is more regulations
Even alts are doing better than Bitcoin

Watch for:
- Next $ target at 1.618 Fib ($7250)
- If that doesnt hold, we can possibly retest $7000 again
- Support is at $6900 (1 Fib)
- Price is above the BB (bullish)
- Trendline is still in tact
- Many oscillator indicators are bullish momentum

Overall:
Right now alts are where you want to focus since Bitcoin is going strong
Bitcoin is still fairly cheap so, make sure you trade your alts to accumulatee more BTC
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.