Bitcoin Is A Significant Breakout

in #bitcoin • 6 years ago

There is a significant break in the price of bitcoin. The price of Bitcoin, which is traded in a horizontal band. Then we see that the upper part of the horizontal band is instantly overcome.

  • According to technical analysis there are a few important points. Now let's look at these.

  • The prices are above the head and shoulder formation upper band. You can look at the links below to see how important it is.

https://steemit.com/bitcoin/@cryptoewp/bitcoin-technical-analysis-12-02-2018

https://steemit.com/bitcoin/@cryptoewp/bitcoin-technical-analysis-13-02-2018

bitcoin.png

  • The MACD indicator on the 4-hour chart is just above the zero level and starts to come out of the diagonal band.

  • This view on the MACD indicator is a positive signal that the upswing in the short-term may accelerate

Finally If Price contunie to stay 9000 USD levels in daytrade , We can see over 10000 USD in short term

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#cryptocurrency #crypto #money #busy
6 years ago in #bitcoin by
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