Bitcoin Analysis

[Fruby]

I think April is going to be a good month for bitcoin!!!

 

[TareqS]

BTC has been very bullish. The price made a breakout at a down trending trendline and a significant horizontal level of resistance. The level may work as a level of flipped support. A bullish reversal candle may push the price towards the North with good bullish momentum.

 

[Dorourke5]

What levels are you expecting BTC to hit? Will we hit the 55-60k Range or higher???

 

[bigbax699]

Good morning all, quick update today on the BTC trade. The supply zone has been broken!! We got a nice push through in price, and we are now creating higher highs. Is the next bull run starting? Certainly looks that way. Currently we sit 942 pips in profit. TP1 zone is in sight now, we may get a small pullback in price top create a higher low next before more continuation. Keep holding for now folks and i will update again upon further movement. GLIYF

 

[sam.peters]

Good morning all, quick update today on the BTC trade. The supply zone has been broken!! We got a nice push through in price, and we are now creating higher highs. Is the next bull run starting? Certainly looks that way. Currently we sit 942 pips in profit. TP1 zone is in sight now, we may get a small pullback in price top create a higher low next before more continuation. Keep holding for now folks and i will update again upon further movement. GLIYF
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941 Pips?! Cracking work mate, well played.
These past few days have been incredible for the pair tbf.
I've just been accumulating as often as I can.
Do you anticipate we'll test 44K again?

 

[Glastonburyk]

Finally! We got the breakout on Bitcoin! Price action was suggesting this would happen so i hope you following along managed to get a buy in on this move. We find price sitting in the supply zone which has contributed to recent drops back so this is the level we need to break for a nice medium term continuation trade. We are currently 618 pips in profit. So if you want to take profits here that's fine, or close half position and let the rest run. Looking for a retest of the break of wedge for continuation, or a continued push. Will update again next week. GLIYF
View attachment 75287

Looks like we’re on the road to a new ath again slow and steady mate

 

[Treacle]

Stuttering a bit today but at least it isn't falling.......

 

[momo3HC]

Stuttering a bit today but at least it isn't falling.......

Yep but the way up is much healthier with some small pullbacks on the way.

 

[bigbax699]

Good morning all. Just another small update today on the Bitcoin buy trade. Price looks to be respecting bullish structure so far. We got a nice pullback in price, as you can see it wicked right down to the demand zone and closed at the level of current support. Also looks to be a nice bullish flag forming so we may soon see the next leg of the bull push come to fruition, we may see some sideways action for a few days prior but that's fine. I have moved my SL into profits at $43K. I suggest you do the same just incase price comes crashing back down. Better to secure the bag whilst in profits. Will update again in a few days or so GLIYF

 

[sebking1986]

Little imbalance on the daily around $43500 which if it came into would still support bullishness in my opinion.