Bitcoin
Long
Aggiornato

Is Bitcoin Going Back To $28,000? Short-Term (1H Timeframe)

4 677
Wait... Don't get too comfortable... Remember that one?

Retraces and corrections have been non-existent for Bitcoin... Or better yet, short-lived.

We are seeing strong consolidation take place near resistance.

When prices are going to drop, they drop.
Staying near resistance is a signal of strength.

Based on this chart, BTCUSD 1H, we are likely to see higher prices soon.

Conditions for change
If Bitcoin moves and closes below EMA50 ($26696) the short-term bullish bias is lost and this analysis can be considered invalid.

We do not trade here.
We focus on the altcoins.

Thanks a lot for your AMAZING SUPPORT!
I am always deeply grateful.

Namaste.
Trade chiuso: obiettivo raggiunto
Perfect hit!
Nota
New update for Bitcoin (BTCUSD)
Bitcoin Aims At $46,000+ Weekly, Tops At $73,200 & Then More!

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