Will Bitcoin Bounce And Move Higher Right Now? | Here Is Why!

Обновлено
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been moving higher, slowly, since...

A peak price was hit yesterday (11-Oct.) at $8,820 with a long-wick/huge rejection candlestick.

But still, we believe Bitcoin will bounce and move higher, why?

  • The volume on the drop is really low... Bears are lacking strength. If Bitcoin drops some more and there is still no volume, then the bounce is guaranteed.

  • The RSI is still doing good above 40. Not strong but still good if above 44, right now it is 47.97.


Note: The blue rectangle is the potential sideways path for Bitcoin if it decides to do some sideways consolidation.

Multiple scenarios are drawn on the chart...

Where do you think Bitcoin is headed next?

Share your thoughts and charts in the comments section below.

Thanks a lot for reading.

This is Alan Masters.

Namaste.
Заметка
ARKBTC (+32%)
[ARKBTC](233%) Ark Full Trade Signal @alanmasters


SCBTC (+45%)
Siacoin Hits New High | Will Finally Move?


RLCBTC (+69%)
[RLCBTC](95%) iExecRLC Analysis + Trade Signal @alanmasters


MDABTC (+150%)
Moeda Loyalty Points Will Start To Move (Friendly Reminder)


ZRXBTC (+100%)
0x [ZRXBTC] Long-Term Chart w/ 1350% Potential Profits Targets


RENBTC (+51%)
Ren Protocolo Trade Signal @alanmasters [RENBTC](164%)


DOGEBTC
Dogecoin (DOGEBTC) Aiming At Demand Zone (1150% To ATH)
Заметка
Bitcoin Bouncing Again | Will It Hit $9,000 Today?

See it below... Remember to comment and hit LIKE to show your support:
Is Bitcoin About To Hit $9,000 Today?
Заметка
If you want to look even closer... We have also the 1H (1 hour per candlestick) timeframe.

Bitcoin (XBTUSD) Full Moon (Aries) | 1H TF Chart Analysis (Short-Term)
Bitcoin (XBTUSD) Moving Aries | $8.6 -$9k | Short-Term Full Moon
Заметка
Ambrosus (AMBBTC) Easy 75%+

Ambrosus Ascending Channel Will Be Broken.. To The Upside (+75%)
Заметка
DGDBTC (+39%)
DigixDAO Breaks Up | New High +150% Profits Potential
alanmastersaltconsBeyond Technical AnalysisbinanceBitcoin (Cryptocurrency)bittrexBTCBTCUSDcryptoTechnical IndicatorsTrend AnalysisXBTUSD

🔝 Daily Cryptocurrency Technical Analysis
followalan.com

🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)

🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
Мои профили:

Похожие публикации

Отказ от ответственности