TradingView
AlanSantana
Dec 20, 2019 6:48 PM

Bitcoin At A Decisive Point | $10,000 or $5,000 Next? Long

Bitcoin / DollarBitfinex

Description

Wishing you a great weekend ahead... Bitcoin (BTCUSD) is looking ready to continue growing.
Please allow me a minute to share this update with you... Thanks a lot for your continued support.

Bitcoin (4H) Chart Analysis
  • EMA10 was broken (blue circle), switching Bitcoin's potential from bearish to bullish.
  • After this resistance was broken with good strength and volume, it was tested as support.
  • If BTCUSD can remain above EMA10, it can easily continue higher.


We are bullish on Bitcoin, you want to see the next target and support levels, here you can see our previous analysis with additional information:


Will Bitcoin go to $10,000 before the end of the year/month?

Let us know in the comments section below.

Namaste.
Comments
UnknownUnicorn3424570
I think down before up to rek the bitmex longs. Hard aggressive bounce off 5000-5400 looking like the defib monitor of the dead cat bouncing back into life.
More