Faibik

Bitcoin | Big Move Ahead..!!

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COINBASE:BTCUSD   비트코인
BTC/USD (Update)


In Daily Chart, BTC volume has been Decreasing since 12th March Crash, that Means Big Move Ahead.

At the Moment, It's Been Moving Btw Major Support (6.6-6.8k) & Key Resistance (7.4k)

If Bulls Cleared the Resistance (7375) then Bitcoin Might Jump towards 8.8k Area in Coming Days.

If Bulls Lost the Major Support Area then We Could See Another Crash in Coming Days (Target Will be 5.2-5.4k Area)



In 8h Chart, EMA200 (7332) & EMA100 (6950) Both Are Play Important Rule As Key Support & Resistance Level.

At the moment, Bulls holding the EMA100 (Support) & Pushing the Bitcoin price towards EMA200 (Resistance)

Now If Bulls Cleared the EMA200 (Resistance) & Weekly Candle Close Above it then Bitcoin Might PUMP Hard in Coming days (We Could See HALVING FOMO)

If Bitcoin Bulls Failed to Hold EMA100 (Support) Then It Might Retest the 6.4-6,6k Area Again.


BTW Bitcoin Bulls Already Broke the Bullish Flag & Now Forming Another tiny Bullish Flag .

In Case of Bullish Move, Target Will be Between 7340-7380 ( CME gap Area)

Outline : At the Moment, I'm Bullish on BTC & It Might Test the 7340-7380 Area, & Also Waiting for Weekly Closing, It Will be Important for Halving FOMO.


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