Bitcoin has officially broken out of the bear market 2018-2019
Diupdate
Needless to say so much more, congratulations bull now being exciting times to come in the near future :)
I do think we now will retest 4400-4500 soon then confirm new support to see 55 tested :)
I do think we now will retest 4400-4500 soon then confirm new support to see 55 tested :)
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Bitcoin analysis 02.04.2019 3dager chart
Important thing to look for now that bitcoin clearly has a big breakout.
#Bitcoin has tested the fib 161.80 which was the target, and got a long spike over.
#Bitcoin needs to find support over 4485 in order to continue, if this happens bitcoin will get support from the ribs and move the price higher.
Macd: shows clear signs that the momentum from the buyer's side will continue, some will probably call it fomo.
RSI: still has more to go on before we are in an overbought market.
Target: 5200 - 5500 - 6200
Key level to watch as support: 4485 - 4520
Im out: 4100
Panic support: 3650 - 3700
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