Technical Analysis Shows #BTC Bitcoin Could Soon Touch $50K Again

in Steem Schools • 3 years ago

If we study #btc charts on long timeframes, then we can clearly see that Bitcoin #btc is making a bullish pattern.

I also mention somewhere in my previous posts that the main support and resistance zones of Bitcoin is around 45500$ to 49500$. Now bitcoin is making a double bottom pattern around 45500$ support area which is a bullish sign.

We also know that Bitcoin is the king of Cryptocurrency market, so if Bitcoin moves upward, a good upward rally is expected in altcoins as wel.

#Btc #crypto #update #cryptocurrency #ta #technical
bitcoin-g9786c13d2_1920.jpg
analysis

#btc #crypto #update #cryptocurrency #ta #technical
3 years ago in Steem Schools by
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