to see a daily close above 14 000 although i was somewhat bearish earlier today i did in fact open a trade earlier pretty much on a whim i don't i haven't really been trading too much leverage over the past few months however i'm now starting to get back into that previously we came up and we wicked above
the 14 000 up to around 14 000 um
100 give or take depending on which
chart you are looking at
and this was very good for bitcoin
however now if we can have enough steam
if we can have enough volume
to test and to crack this 14 000 level
that would be absolutely amazing for the
bitcoin price
and i think you'll be very very bullish
if you haven't seen my earlier video
today
on why bitcoin could potentially be in a
bearish
tendency i shall quickly explain that to
you guys once again
yes bitcoin has in fact broken out again
somewhat
it's not a huge breakout but it's
definitely something fairly
nice to see so as i went over in my
previous video let's quickly go to the
daily chart
and pull up the macd and see what is
going on there previously in today's
video i was saying that we could have a
bearish macd cross right here
with this curving macd towards the
downside and this could potentially be
bearish for bitcoin the last time this
happened was
right here uh and around about right
here and we can see the bitcoin price
did in fact go down
around about 15 to 20 percent 18 over
the course of about a month
so this could potentially be bearish for
bitcoin if this does happen
it looks like they may be separating a
little bit and we may not actually have
this and see what exactly is going on so we
can see the daily chart again is looking
very very bullish it's looking really
nice i don't doubt if we continue this
bullishness and we continue the volume
or maybe we need a little bit more
volume we could see bitcoin going over
this 14 000
range we can see the declining volume
right here which definitely
isn't ideal however we could have a big
large
chunk of volume come and that could
spike us above this 14
000 level which is exactly what we need
during these times
right now leave a comment down below who
would love to see bitcoin over 14 000