I hope you have a great weekend all. this is a weekend update for BTC depending on the last trends. We had a great week where bitcoin did show an increasing trend - we did add before that bitcoin about to breakout to 42500 as here below. this depending on TA Trend.
As we know BTC goes into lines, the main trend is that we are into an uptrend, as a #Daytrader you should always take on some points profit, and not risk your investments. we have seen in the start of increase to 40K, the whale effect should get more trust in the zone 40K to trust this zone, we did saw a small return back, the trend had broke also the power volume, we did share before more times about the power volume line. after that we did upload from 40160, that trend is getting confirmed with the timeline again for an uptrend, and with good news for those did hold BTC uptrend, it did get a confirmation and time frame, and as now we still are into the uptrend.
What is next? If you are into uptrend target, there is still a chance bitcoin will break above the trend, as the update is on an uptrend. There is no breakdown trend until 39850 USD, this should be done with a confirmation line and time frame.
The main trend is still an uptrend - there is at this moment no change that we are into #daytrader breakdown trend. what about the main target we are since 29k + in the uptrend, and we did upload it before about it see the below chart.
This is a view since 30k with expecting to 42k +, this chart we did upload not long time ago.
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# Manage always your risk, nobody knows the future - all depending on Data, trends, and whale effect.
Nota
Bitcoin are into zone of uptrend and we could increase again to 42K+
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