TommyTK247

Bitcoin Head & Shoulders Analyse 1D

TommyTK247 Updated   
COINBASE:BTCUSD   Bitcoin
Hello, today, we are going to talk about cryptocurrencies.
And in this post, we will take a look at Bitcoin (BTC)

One of the most famous cryptocurrency is Bitcoin, so, what is he doing?

Well, he´s not doing really well, all cryptocurrencies are dipping (falling down), but that doesn´t means to sell!!

I found an Head & Shoulders pattern here. The big line that i wrote to the chart is our support. If Bitcoin will cross the line, you have my permission to sell, but it if will don´t cross the support and just touch it, that´s a good sign (for buyers).

Otherwise, Goldman Sachs (one of the biggest investment banks in US) predicted that bitcoin will reach 100,000 USD this year.

I helped you to take a good look at bitcoin, now, you have to do decision :) Will you use opportunity or will you just go away?

Comment:
And RSI is below 30 (so bitcoin is undervalued)

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.