BTCUSD: Next BULL RUN starts! 🚀

Hello my friends!

Bitcoin is on track again. I haven't posted that much in the last time. My last post was from 9 February. Since that time I have been buying the dips step by step. My last buy was at 12 May. I waited deliberately until I was writing this post. I wanted to make sure we hit the bottom. We might still have a small dip at the very maximum, but the next BULL RUN has been launched.

NOW to my chart: To evaluate the long-term bottom, its helpfull to use Bollinger Band (Timeframe 3D, Length 150, Source low and StdDev 1.618) in combination with Keltner Channel (1W, Lower Line, Length 86, Multiplier 4, ATR 172) and SMA (1W, 200). The two important indicators (BB and KC) were touched. Only the 1W-SMA200 has not yet been touched. This can still happen in the near future at a possible retest or sideways movement. But is not mandatory.

Bitcoin is on track at its steady uptrend. Our stairs to heaven! My recommendation as always: Buy the dips and hodl. 😀


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Let's see what happens.
Happy trading.

BTCINVESTING

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My Post Dec 15, 2021

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My Post Apr15, 2019 (3 years ago!): "BTC: Why will 1 Bitcoin really be worth more than USD 1 million?" I was one of the first btw. ;-)

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Comment:

And look at the 1M EMA50. Nothing more to say. It will bounce my dear friends. :-)

Comment:

retest...

Comment:

aroon gives us also a clear signal...

Comment:

keep it simple. no fear!

Comment:

so far so good. we are back over the w200ma. close is important. :-)