Bitcoin Stages Late Rally To Close Above Long-Term Uptrend Line

[scaredycatguide]

Comments

[rollandthomas]

Great analysis.

If price can close above $8600 (yellow line) and break the daily trend line, that will be the first signs of a reversal.

I'm looking for price to take out the sell orders at $9250 (green circle) on the 4 hr chart before being convinced price wants to move higher.

[evesweetpassion]

Thanks for this analysis! @rollandthomas, I am a beginner but I am learning little by little and investing.

[scaredycatguide]

Agreed, good info. Last two bounce attempts were basically fake out so maybe third time is a charm

[theroadtoriches]

I see some strong support around $5000 😂😂😂

[evesweetpassion]

Good news of the recovery of Bicoin! I continue to buy to see my profit in the medium term .... Thanks for the Post @scaredycatguide

[annemariemay]

Great news! I had to turn everything off today because it was a bit too stressful for me! haha

[manorvillemike]

Wait and see. Sounds something like the Doctor told me about my prostate. lol

[intelliguy]

Bitcoin making us sweat today

Bitcoin makes we sweat everyday. LOL. Good way of explaining it.