andrevj2000

Bitcoin long term bullish trend

Long
BITSTAMP:BTCUSD   Bitcoin
it looks like bitcoin is on a bullish ascending channel where it formed a falling wedge on the short term. if the fed meeting today is positive for bitcoin then we can go up 102% for bitcoin before going down. if we break the long term channel pattern to the upside then bitcoin can go above $100k. If we would go down then a max of 12% roughly is what we would go down and bounce then go 102%. If we do not break 100k then most definitely we will break past $100k in 5 years. The RSI is also showing close to undervalued for bitcoin and the madD is close to making a bullish cross
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.