tradingflx

Bitcoin UPDATE - seems like Bitcoin likes the green way

Long
BITSTAMP:BTCUSD   Bitcoin
Hey guys,

here´s a quick update on my last post. It´s looking like Bitcoin chooses the green path after its explosive move to the upside recently.
Important levels of resistance lie ahead of us on the way back to new ATHs. It´s going to be a choppy road, as we can expect an increasing volatility over the next weeks. After taking out the 40-44k resistance area and confirming it as support, we are ready for the next leg up towards the 50k area.

I´ll keep you up to date.

Stay safe and have a nice day.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.