Why has no one spotted this Bitcoin BREAKOUT!! Bitcoin weekly update, Micro/Macro
🟠BITCOIN UPDATE🟠: Right now we're seeing Bitcoin show a nice bit of momentum to the upside this is looking very good for Bitcoin on the micro. We have a nice rising wedge on the macro. There's some very important areas for Bitcoin at the moment. The next Bitcoin BREAKOUT scenario could be around 28600, if we have enough momentum to break the trend line we will see Bitcoin explode above $30,000 and from there we can expect some serious confidence in the crypto space which will help bullish momentum yet again.
Now, with that being said we still need to be aware of Bitcoin finding rejection in this key area. If that is going to happen we could even see us get slammed down to $25,000 again. This wouldn't be the end of the world because we will still be holding structure but it's still not that great for the confidence within the crypto space.
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Timestamps:
00:00:00 - Intro
00:00:43 - Bitcoin Short Term
00:02:55 - Bitcoin Mid Term
00:08:10 - Bitcoin Long Term
00:13:34 - Outro
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Everything that’s said in our videos is strictly personal opinions, nothing said should be taken literally or as financial advice. In these videos we like to educate our viewers as well as give them trading ideas for them to think about. Nothing we say should be taken as financial advice or financial guidance.
#Bitcoin #Cryptocurrency #Crypto #btc
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