Bitcoin (BTC) - Analysis SHORT TERM

in bitcoin •  7 years ago 

Bullish Short Term

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With all being said about my long term views on Bitcoin. Here's a quick and valuable analysis which makes me bullish on Bitcoin short term. I'll present 3 reasons here:

  1. Bottom could be in on the A wave.
  2. RSI is forming a falling wedge, waiting to breakout
  3. MACD is diverging upwards and can cross the orange line anytime soon.

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3 Reasons


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Disclaimer:
I'm not a financial advisor and these are only my opinions. I don't take any responsibility for any investments that you make based on my analysis.

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This is a good analysis.

On the side of speculators, below 10k is the target before another low at the 6k levels. I really hope that your analysis will work. Because another in succession is not good for the market in general.

Yeah things really are looking bullish right now ... hopefully a breakout is confirmed. Thanks for sharing!

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