Bitcoin Bulls Gaining The Upper Hand (Update)

I just shared an idea pointing out multiple bearish signals on the 4h timeframe... This is now being invalidated.

Bitcoin (BTCUSD) just hit a new higher high and is very slowly but surely moving higher.

A strong bounce in the form of a long lower wick/shadow shopped up on the previous candle (marked light blue) and now prices are safely trading back above EMA21 and EMA10. (The candle with the #8 on top)

We are now aiming higher.

Higher Bitcoin = Higher Altcoins = MORE MONEY EVERYWHERE.

What's your take?

Namaste.

Kommentar:

The next targets for the bullish move are available on the following trade ideas:

Bitcoin Ascending Channel + Altcoins Market Update

Bitcoin Love ❤️ Aims At $17,250 Followed by $31,285

I ❤️ Bitcoin To $30K? Hits Highest Level Since Jan. 2018