TH3 Cryptologist
TH3 Cryptologist 1 minutes reading from Bitcoin

Bitcoin Price Rally Looks to Have Legs

Why I am shifting cautiously bullish on btc bitcoin

Thread 👇

Diagonal trend line break on Daily. Retested and now heading towards 21.6 TP. Above that 23.1 nPOC.

89EMA and 100 MA converging and acting as resistance atm, but price found support at 8EMA after breaking above converging 50MA/34EMA that had been suppressing price over the last month or so. Daily close above 20.7 and we are looking groovy to run to 23-24k range.

EMA ribbon looking at a flip here in the next couple of days if price can hold.

Bottom of fib extension held up and looking to target golden pocket at 22.8 as long as price can hold above .236.

This post is based on this twitter thread.


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