Bitcoin / TetherUS
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Bitcoin weekly update —EMA21 & $100,000 in May

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The main signal we are tracking here is EMA13. Bitcoin already closed above this level and is ready to conquer EMA21 weekly.

Looking at how BTC tends to behave after conquering this indicator as resistance, we can expect $100,000 to be hit after two weekly sessions. Next week and the one after.

That is, $100,000, or right below this price, can happen in the first half of May.

When the market becomes like this, extremely bullish, momentum tends to intensify. It seems that the next two candles will be the biggest candles in years. The first one going through $80,000 like butter and reaching $90,000; and the second one cutting through $90,000 like bread to reach our much sought after 100K.

Bitcoin is headed higher, make no mistake.

It might happen that it takes a bit longer to reach our goal. Bitcoin can take as long as it needs as long as it grows. Growth is already confirmed. 100% bullish this entire month. And this is only the start.

Namaste.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.