Hello Traders,
Btc's weekly chart pointing out really really bullish setup. However most of the traders stuck in short time frames again. Price action using EMA20 as bouncing points and correcting rsi levels slowly. Volume is clearly going down as we correcting. Also pointing out trend change towards bullish! Textbook style correction! As you can see as long as Ema 20 holds, we should see $80k ranges around or before aug-sep.
Btc's weekly chart pointing out really really bullish setup. However most of the traders stuck in short time frames again. Price action using EMA20 as bouncing points and correcting rsi levels slowly. Volume is clearly going down as we correcting. Also pointing out trend change towards bullish! Textbook style correction! As you can see as long as Ema 20 holds, we should see $80k ranges around or before aug-sep.
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4k gains in a day already but it may not be straight forward yet!
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We are gaining some momentum towards 80k target!
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Once we break 73k-74k ,80k-85k should happen next. I called this bullish wave while everybody else was calling bear. I will update this once we get to 80k.Everything else in between just an empty noise!