BTC Analysis; Crypto Analysis; Crypto To The Moon Series.#65

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Written by

Investors Friend;) 🏅Crypto and stock Trader🏅Stay updated on the market📈📉

2 years ago

Topics: Bitcoincash, BCH, Analysis, Crypto currency

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

Starting off with the;

BTC 1D Timeframe.

Upon the use of the 1D timeframe, It seems to be as though BTC is respecting a major key level which is acting as a support zone which could in turn bring about an increase in the price of BTC.

A successful retest and increase in price can easily get us above the $45,000 mark once again.

BTC 4h Timeframe.

Upon the use of the 4h timeframe, there has been a breakout from a trend line after we experienced an increase in price which took the price of BTC to about $48,000.

We also got to find out that a failure to retest on the current support zone which we are based on, we'll head even more downwards as we reach for the lower support zone which is at about $39,129.

Overall, many people in the crypto field generally accept that the price of BTC is Soon about to skyrocket Which might be creating a FOMO feeling for some.

The price increase is quite obvious but we can't tell when it's happening.

https://read.cash/@InvestorOmar/bch-analysis-crypto-analysis-crypto-to-the-moon-series64-5f05c93b

https://read.cash/@InvestorOmar/bch-analysis-crypto-analysis-crypto-to-the-moon-series-63-02c1cca1