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Bitcoin Is About To Hit $50,000+

Bitcoin (BTCUSD) is looking good on the 4H timeframe.

We can see that a new ATH was hit yet prices remain consolidating near resistance.

The longer a resistance level is challenged the weaker it becomes.

The trading volume is really low, which signals neutral/sideways or a continuation.

BTCUSD is sitting above EMA10, EMA50, EMA300/MA200. This is good.

The indicators are looking good and favoring the bulls.

It is likely that Bitcoin will try and challenge $50,000 next.

What do you think?

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Namaste.
Not
🥳🎉 Bitcoin hits new All-Time High.

Breaks above $50,000 easily.


Enjoy the profits.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.