AlanSantana

✴️ Bitcoin Next Target Mapped Series ($35,353 Next)

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INDEX:BTCUSD   比特币
Bitcoin has been doing great lately and this is a real move.

Some people have doubts and we understand and sympathize with these people.

The reason they have doubts is because of their bearish bias. If they did not have a bearish bias, they would consider this move real because it has been happening for a while now.

The bias is there because of the conditioning that happens after more than a year of dropping prices. The bear market.

Now, the answer.

How to know if this move is real or a fake one?

The first thing is the strength with which Bitcoin is growing.
The last three days have been pretty strong. ✔️
Bitcoin recovered 17 days of correction in 3 days. ✔️

The second one is the higher low.
After a strong move it is normal to see a correction.
Bitcoin produced a very strong bullish breakout Jan/Feb and then went on to correct.
The correction ended in a higher low and as it is normal, the bullish move now resumes. ✔️

Then the volume.
The volume is strong, above-average, the last three days. ✔️

Finally the RSI. 
A very strong RSI supports a move as it is happening now. ✔️

All these points give support to this being a real move and not some fake anything.

I hope this helps some people... Let's continue with our Next Target Mapped series.

Bitcoin's next target can be around $35,500 potentially.
Can be much higher, can be lower as well but this is a good reference point.

This potential remains active as long as Bitcoin trades above $15,500.

I am hoping you are having a wonderful Monday.
I am sending you positive vibes, good energies, my best wishes, peace, tranquility, serenity and love.

See you on the next one.

You can boost, comment and follow if you enjoy the content and would like to show your support.

Namaste.

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