BITCOIN: BREAKING NEW RESISTANCES ON H4, FORMING BULLISH DIVERGENCE SETUPS

in #bitcoin7 years ago

Hello fellow steemians and cryptocurrency analysts/ enthusiasts alike.
Today, i will like to show you a fresh analysis of the BTCUSD charts currently forming a most recent 4hour chart resistance level. This is an awesome opportunity to go long on the BTCUSD pair shown below.

Is the news about the hard fork leading to BitcoinGold [BTG] already causing an increase in the value of Bitcoin [BTC]?
Let me know what you think!
Happy trading guys!

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I've been long on BTC since 2015. Wish I was able to buy more back then. This could be the run up to$10k but I think we'll see at least $6k by the end of the year.

Hi Jrswab,
Good to hear that you've been Long BTC since 2015.
The Blockchain is in fact a huge solution, and i think more players and believers are coming in on a daily basis. Never risk more than you can afford to loose, so i guess your risk exposure in 2015 was sound.
You can as well deploy a buy only strategy for the BTCUSD taking only bullish signals.
On the question on this being the run that could take it to $10k, is actually very possible. From the monthly charts, BTCUSD looks very bullish.
I will be posting new signals as they unfold.
Happy trading, Cheers!