TradingView
Moshin_GW
Feb 5, 2021 12:46 PM

$BTC/USD $40,000 Challenge! Long

Bitcoin / U.S. dollarBitstamp

Description

This week's cryptocurrency market has been hit by the rise in the US and Japanese stock markets. Strong development continues due to the spread of the risk-on mood.

BTC has recently challenged to break through $38,000, after that, it is expected to rise to $40,000 without any problems.

And after $40,000, it hit a record high of $ 42,000, and expected to rise to $45,000.

The daily MACD is a golden cross, and the RSI is also upward. Strong development is likely to continue.

On the other hand, important economic indicators may be announced today.
Unexpectedly low employment statistics are likely to have a major impact.

The stock market has been gaining momentum due to expectations of an economic recovery in the United States.
And the cryptocurrency market that has risen in correlation with it.

Will it rise all at once from tonight to next week?
More