EnlightenedTrading

BITCOIN SET FOR BULLRUN!!

Long
BITSTAMP:BTCUSD   Bitcoin
Hey there,

please like the post and follow me for more trading ideas.

Bitcoin has some clear structures forming on multiple timeframes.

We have a descending channel, indicating further upside once broken,

the declining trendline connecting the monthly highs, ranging back to 20k.

A possible falling wedge on the daily.

A 3-DAY 9 buy on the TD-Sequential

and consolidation after a bullmove, by correcting through time and not price.

All in all this looks bullish to me.
Of course btc is completely correlated with the stockmarket, like S&P500.
So we still have to depend on what stocks are doing.

Until then, take care.
Cheers,

Konrad

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.