Yesterday I made an analysis on Bitcoin where I discussed the possibility of a break out from ht bearish channel.
As mentioned in the previous analysis, a move through the $47k - $47.5k area was for me a strong indication to be confident in a porlonged bullish move.
As seen, the price encountered only minor resistance at the $47.5k, pulled back, and went right through it a couple of hours ago.
Things are looking quite good. I'm aiming for BTC to reach $48.5k within the next couple of days. After that, $50k.
Happy trading!
As mentioned in the previous analysis, a move through the $47k - $47.5k area was for me a strong indication to be confident in a porlonged bullish move.
As seen, the price encountered only minor resistance at the $47.5k, pulled back, and went right through it a couple of hours ago.
Things are looking quite good. I'm aiming for BTC to reach $48.5k within the next couple of days. After that, $50k.
Happy trading!
Comment:
48.5k reached! New analysis soon.
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