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BITCOIN Is 300k the true potential of this Cycle?
- April 8, 2023
- Posted by: TradingShot
- Category: Cryptocurrency
No CommentsBitcoin (BTCUSD) isn’t backing down, withstanding to perfection so far any noise in the stock market, a development that establishes that its new Bull Cycle is well underway. Having broken above the 1W MA50 (blue trend-line) and what will most likely be the 4th straight weekly closing above it, we can see that it is
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BITCOIN About to wave goodbye to 30k for good if broken?
- April 5, 2023
- Posted by: Tradingshot Analysis
- Category: Cryptocurrency
Bitcoin (BTCUSD) is ahead of a critical breakthrough on the 1W time-frame. The former Support of the first half of the Bear Cycle is around 30k and is currently being tested. History has shown that when this level gets tested as a Resistance and breaks during the start of a new Bull Cycle, it never