$BTCUSD - Bitcoin will hit $19652

Hi guys! 👋🏻

🔔 Bitcoin is an asset-champion this year with a YTD return of 160%. Analysts of major corporations like J.P. Morgan say that Bitcoin may double or triple in the coming 3 years.

🔔 Since Gold is centralized as it is owned by Central Banks and Bitcoin is not, Bitcoin attracts more and more investors, evading the volatility that government organizations may incur.

🔔 Many analysts are bullish on BTC/USD and many predicted that the price will hit $20 000 by the end of the year, which still looks achievable.

🔔There are two patterns to watch in this price action of the pair, one of which is an expanding diagonal, the other is a parallel ascending channel, both signalling the continuation of the bullish run.

🔔 There are two major resistances up ahead, one of which is the area of the previous high of $18 970 and $19 000 and the next is at $19 652.
See bullish confirmations on an Hourly chart

🔔 MACD on an Hourly chart already is about the signal line, and there is a strong support by EMA50 and MA100.

✊🏻 Good luck with your trades! ✊🏻
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Komentar:

CEO of PayPal, "We're going to allow cryptocurrencies to be a funding source for any transaction happening on all 28 million of our merchants."

Komentar:

Be very cautious as it hit an important resistance

Trading ditutup: target tercapai