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BTC/USD, interesting trading phase

It is not easy to make both technical and fundamental analysis’s with Bitcoin, anyway I think that the market can reflect some points so that we can read between the lines to find out some clues thereof.

  • BTC/USD is currently in an accumulative phase
  • This accumulation seems to be waited for some special events
  • In a positive wise, it is then a breakout will be occurred soon to reach a new highs
  • Negative scenario could but bring Bitcoin to it lower value, so below 5K handle

Personally I prefer for a further up move with this “crazy” crypto 😉 , so somehow there is some hidden value inside it.

Take your look at the depicted chart below for your reference:

 

Click the Play button to follow up the live price development  

 



BTC/USD, interesting trading phase by NamMinh on TradingView.com

Trade well!

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