Troder says Bitco Uptrend continues, says BTC Bulls has announced the request of $ 90,000 “over and over again”
The analyst who follows closely believes that Bitcoin (BTC) is still in a strong upward trend despite the increasing homosexuality on the main encryption assets.
The 49,600 borrowed analyst Cheds tells that you believe that Bitcoin’s bullish trend will remain sound as long as BTC respects its immediate support for $ 90,000.
“It is a bullish trend. The price is above the MA rising for 200 weeks (moving average) is the upward trend and support for price detention is a bullish direction.
You want to be simply upward as long as the 90,000 dollar area keeps it. Again if it fails, I think we are going to $ 70,000 for sure. “
Takbeer, the trader highlights that Bitcoin may hold its gains after the outbreak of unification between 50,000 dollars to $ 74,000. According to the analyst, Bitcoin, which exceeds $ 90,000, represents a testimony of its power as BTC can collapse technically and re -test 74,000 dollars as support.
It also indicates that BTC Bulls showed several times that it is ready to defend the price of $ 90,000.
“I cannot imagine the desire to bet against this trend, and this puts things in its right quorum for you. If you look at the large price range here ($ 50,000 to $ 74,000), the scope of monotheism and progress from the range and how we were merged here (90,000 A dollar to $ 110,000), we have made all gains.
It is a very nice, elegant and righteous unification here. I think this has been well clarified here on the graph for three days …
I do not understand why people are really at this stage, especially before breaks. I mean that the bulls intervened and announced the demand again and again at the bottom of this range (90,000 dollars) and you have a price environment with the upward trend. You just want to go with the direction. “
At the time of writing this report, Bitcoin is 96312 dollars.
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