A strategic encryption expert, who is carefully called Bitcoin, believes less than $ 80,000, believes that the long -term bullish trend will remain intact if it remains over the main price area.
In a new strategic session, the 49,800 subscribers tell the Cheds that Bitcoin seems to have been separated from W style on the chart for four hours.
AW pattern is usually seen as a biological reflection structure, indicating that the original has been printed a floor after the reversal of the main support level twice.
“We had a break from W and then a bounce, and a bounce as a bullish re -test from the top. This seems somewhat favorable, and this type of price procedure tells me,” well, we may be at the forefront of $ 72,000. “
She gave me a little confidence was a shift in stock markets, and the idea that the price was in MA (moving average) 50, and this was the support.
Cheds also says that Bitcoin will likely see higher prices as long as the level of immediate support ranges between $ 78500 and $ 81,000.
“Restore $ 81,000 and we went back to work … after I went back to 81,000 dollars, we return to the idea of restoring the low timeline axis that corresponds to the support of the high time frame in MA5
At the time of this report, Bitcoin is traded at $ 85,301.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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