Bitcoin Strong Bounce, Going Higher? | $11,300

Our next target remains at $11,150 - $11,300 based on my previous analysis, which is playing it nice.

Right now we are seeing a strong bounce for Bitcoin (XBTUSD) after hitting EMA10. We can see good volume and momentum building up.

Above EMA10 we aim for our next target at $11k+. If Bitcoin moves lower, we look again for $10,500 (EMA10), followed by $10,100 - $10,200 as main support.

Feeling the market: Bitcoin can easily move higher.

Namaste.

Kommentar:

Previous analysis:

Kommentar:

Looks like the bulls and bears are on a tight fight and we are getting pure sideways action... There is a continuation pattern drawn on the chart and the tendency is bullish due to the recent breakout... We still use EMA10 as our signal for bullish/bearish potential...

Thanks a lot to all for the support.
Feel free to leave a comment if you have any questions.

Namaste.

Kommentar:

From our friend @VasilyPonomarev
Interesting read...

GLOBAL COLLAPSE IS COMING? WHY TO BUY BTC IN 2019?

Namaste.