Are you prepared for the next movement!!! Bitcoin to the moon
In this analysis, I want to enfocous more in macrotrend analysis and we see with clear perspective that Bitcoin it's follow the trend. At the moment, as my target it's around of $41,600 USD, I will going to large my target toward the $60,000 USD. As we break out this bearish channel, the trend it's so bullish.
Also, looking this date and time range, that I use to measure the percent of any correction and increment, we see that Bitcoin was a under correction of 30% in the past days, now I have a forecast of 75% of increment of the price toward the $60,000 USD soon
Also, noticed that in this timeframe I use a Fibonacci level and we touch the 0.382% of Fibonacci, so that was a good support to bought Bitcoin at near of $33,000 USD. My entry was around of $34,500 USD when Bitcoin in the past days was manipulated in hte same news and I believe in the past that Bitcoin it's going down toward to find below level at $27,000 USD at least, in the 0.618% of Fibonacci as second point to bought Bitcoin. But nope, we touch the 0.382% of Fibonacci and we're going to the moon!!!
Also, I show you my Fibonacci trend that I mark these 5 targets, but my specific target it's the $60,000 USD. that it's could become a high impulse to bulls in the next days. So, also, another indicator it's to check out the Bitcoin dominance if have be the control to the dominance.
And in wekly chart, this it's one of the important chart to take noticed in it.
Guys, if you found out that this idea it's so interesting for other traders, please comment below what do you expect in Bitcoin and some altcoins if you're interestng to comment. Remember, I'm in profit in these altcoins right now: Bitcoin, Litecoin and Cardano. I keep this position for now. I know that Ethereum it's explode, but I don't going to make another 4th entry, the maximum that I can to trade based my trading plan it's 2 to 3 trades, not more.
Also, looking this date and time range, that I use to measure the percent of any correction and increment, we see that Bitcoin was a under correction of 30% in the past days, now I have a forecast of 75% of increment of the price toward the $60,000 USD soon
Also, noticed that in this timeframe I use a Fibonacci level and we touch the 0.382% of Fibonacci, so that was a good support to bought Bitcoin at near of $33,000 USD. My entry was around of $34,500 USD when Bitcoin in the past days was manipulated in hte same news and I believe in the past that Bitcoin it's going down toward to find below level at $27,000 USD at least, in the 0.618% of Fibonacci as second point to bought Bitcoin. But nope, we touch the 0.382% of Fibonacci and we're going to the moon!!!
Also, I show you my Fibonacci trend that I mark these 5 targets, but my specific target it's the $60,000 USD. that it's could become a high impulse to bulls in the next days. So, also, another indicator it's to check out the Bitcoin dominance if have be the control to the dominance.
And in wekly chart, this it's one of the important chart to take noticed in it.
Guys, if you found out that this idea it's so interesting for other traders, please comment below what do you expect in Bitcoin and some altcoins if you're interestng to comment. Remember, I'm in profit in these altcoins right now: Bitcoin, Litecoin and Cardano. I keep this position for now. I know that Ethereum it's explode, but I don't going to make another 4th entry, the maximum that I can to trade based my trading plan it's 2 to 3 trades, not more.
