Hey everyone
Today i show you my Bitcoin Daily Chart Analysis.
In this chart you can see THE most important support and resistance we currently have on Bitcoin.
Since December 2021 Bitcoin broke down the big bullish uptrend and since then we are down almost -40%.
In my opinion Bitcoin is NOT bullish until we not breakout $44500 - $46000. That breakout would confirm a pump to $50000 area which you can see on the chart.
If we even manage to breakout $52000 - $53500 im really bullish on BTC and expect at least a rise up to $60000.
Overall i think we will see a breakout to $52000 - $53500 and then a dump back to even $30100 - $28500.
What are the important areas we have to watch on BTC?
- from $65000 to $69100
- from $52000 to $53500
- from $44500 to $46000
- from $28500 to $30100
- from $21900 to $24300
Is there a way to trade all the ranges?
- Yes. A good opportunity to Short Trade BTC is from $52000 - $53500
- Aswell a Long Trade on BTC from $28500 - $30100
I hope you guys like my idea
Today i show you my Bitcoin Daily Chart Analysis.
In this chart you can see THE most important support and resistance we currently have on Bitcoin.
Since December 2021 Bitcoin broke down the big bullish uptrend and since then we are down almost -40%.
In my opinion Bitcoin is NOT bullish until we not breakout $44500 - $46000. That breakout would confirm a pump to $50000 area which you can see on the chart.
If we even manage to breakout $52000 - $53500 im really bullish on BTC and expect at least a rise up to $60000.
Overall i think we will see a breakout to $52000 - $53500 and then a dump back to even $30100 - $28500.
What are the important areas we have to watch on BTC?
- from $65000 to $69100
- from $52000 to $53500
- from $44500 to $46000
- from $28500 to $30100
- from $21900 to $24300
Is there a way to trade all the ranges?
- Yes. A good opportunity to Short Trade BTC is from $52000 - $53500
- Aswell a Long Trade on BTC from $28500 - $30100
I hope you guys like my idea