Latest Bitcoin Analysis

in CryptoDog • 4 years ago (edited)

Hello everybody,

Enclosed there is another update on the BTC price.

resim.png

BTC broke the $ 50,000 and it seems like we are respecting the 20 EMA (blue) on the 4h chart as support, as the days before. We also saw another nice retest of our large rising wedge (yellow line)! Here we are now nicely bounced up. The important thing now is that we stay above the psychological level of $ 50,000 and the support in the 4h chart (20EMA).

So we are still bullish and on course. The price target would still be $ 54,000 for the time being and then around $ 60,000.

Stay healthy!

#btc #chart #dollar #price #cryptodog
4 years ago in CryptoDog by
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