Bitcoin | $6,800 Target Remains Valid

We are back to Bitcoin (XBTUSD) and our $6,800 target.

We had two targets and a retrace followed after the first one hit...
Now we are seeing some early signals pointing to a challenge of the next resistance level.

After EMA100 rejected XBTUSD, a higher low came in compared to the 29-March.
With this low in place, if the current 4H candle closes above EMA50 ($6326), chances are higher that prices will go up.

If momentum is lost, a close below $6150 can send prices lower.
If prices drop but there isn't much volume, we expect a bounce after (blue arrow).

Thanks a lot for reading.

Namaste.

Comment:

🅱️ Bitcoin Continues Aiming Higher -Short-Term Analysis, 6.8K Next?

🅱️ Bitcoin Can Go Higher ($6645 Possible Next or $6.8k, Short-Term)

Altcoins:

✳️ Ethereum Can Easily Move Higher, Gaining Momentum

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✳️ VIBE Activates Strong Support (Potential 250% Ahead)

✳️ NeoGas Preps For Breakout (62%)

✳️ Swipe Bottomed Out | 1300% Potential Profits To New ATH

✳️ Spendcoin Starts To Move | Much More To Give (111% Mapped)

✳️ Power Ledger Reaches End Of Retrace, Uptrend To Resume

✳️ DOCK Starts To Move (135%+ Mapped)

✳️ Red Pulse Phoenix Binance New ATL Leads To Bulls Win (155%+)

✳️ Quant (QNT) Gaining Strong Momentum (Long-Term Chart)

✳️ ICON Next Target Mapped (Full chart Analysis)

Trade closed: target reached:

We can consider our second target hit at $6784 (~$6800).
We will share a new analysis with the next move.

Thanks a lot for your continued support.

Namaste.

Comment:

New update
Bitcoin Bulls Gain Momentum, Where Is The Next Target?