AlanSantana

πŸ…±οΈ Amazing! Part 2 | Bitcoin Weekly Update ($30K to $40K Next)

Long
BITMEX:XBT   Bitcoin
We had a major bullish signal as a hammer on last weeks session... But there is more.

This week we have three major additional signals that support a Bitcoin rise to $30,000+ and beyond.

Let's look at those.

Feel free to πŸš€πŸ‘ boost/like to get started!

  • Bitcoin this week is already trading above EMA50. This is a most important level and where we had a rejection mid and late February. Above this level $30,000 is easy and $40,000 possible.

  • The MACD is entering the bullish zone to the upside for the first time since the year 2020.

  • The RSI is about to hit 60 and its highest level to the upside since 2021.

These are very strong bullish signals.

Another signal that is developing and might confirm this same week is MA200 weekly.

This level sits at $25,346.
Bitcoin closing above it and our $40K target is basically guaranteed.

Good days ahead.
Cryptocurrency is bullish.
The Altcoins are bullish.

And the charts are pointing to sustained growth for many weeks.

Enough time to buy and hold and later sell to secure profits.

Namaste.

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