Faibik

Is Bitcoin Getting Ready for Another Huge Breakout?

BYBIT:BTCUSDT   BTCUSDT SPOT
#BTC (Update)


In daily timeframe Chart, Bitcoin Has been Moving in Descending Channel from last 5 Months.

From last Few Days, Bitcoin Bulls are in Complete Control & Doing Outstanding Job.

At the Moment, Bitcoin is heading towards the Crucial Resistance (44k), If Bulls Break this Resistance With Strong Volume, Expecting Huge Bullish Wave in Midterm.

In Worst Case, If Bitcoin Bulls lost the EMA200 (38.7k) then Bitcoin Might Retest the 30-32k Support Area..


📍I'm Bullish On Bitcoin & Waiting for Breakout, Always Wait for Confirmed Breakout & Candle to Close and Only then ENTER..




In Weekly timeframe, Bitcoin Bulls Breaking the 41k Horizontal Resistance, If Weekly candle Closed Above it, Expecting Bullish Wave Towards the 60k in Coming Weeks.



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