Bitcoin testing 4500 with a break higher targeting 5000
Nice close on BTCUSD yesterday after pair found a solid bid above key support confluence. Pair is currently up on the day and actively testing 4500. A Break above 4500 would target the all time highs around 5000:
Over the short term, pair remains bullish above today's open at 4375. As far as the bigger picture's concerned, I'd like to see yesterday's lows hold, though there is room for a little noise down there without breaking the trend.
Overall outlook is constructive, but be on the watch for a lower high somewhere between here and 5000.
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Thanks for the great content mate..
Glad you enjoyed
Bitcoin go to moon comming soon!
5000 easy, this was just a small retraction, get ready for the next leg up.
Yep, that's what I'm thinking. Solid close above 45 yesterday :)
Any thoughts on what could happen in November? Will we see yet another Bitcoin with B2x? How do you see the future of Bitcoin Cash?
In my opinion, if we get B2x forked, BCC and LTC will be winners from the damage BTC gets.
wow nice post
It's made a nice looking V shape with solid volume at the low, which is very encouraging. I still think we will bounce off $5K at least one more time, but if we get through in the next week we could be headed for a big blow off top.
I'd actually prefer to see a more gradual sustained rally, but that doesn't seem to be the way crypto works :)
long term it will always go up no doubt, so for all people panicking just hold and wait, patience is the key in cryptos :)
Before the end of this month, I believe it will be on 5k and by next month ot will be flaunting in between 5k. I am waiting for it to reach its maximum.
I think we'll retest 5K by the end of the week :)
Bull
nice blog