BITCOIN is showing some major moves since the start of this year 2023. Is this the year of BTC where we witness new highs in making??
On daily tf, the major trend indicator 100DEMA indicates the shift in trend when #BTC breaks above it on 12th Jan.
However some key levels for btc is yet to break. $25500 is the first hurdle for BTC to continue its upward journey. We need a remarkable closing with good volume above this level to consider an uptrend.
If BTC successfuly manage to break above the said level then we can witness 32500$ and 37000$ very quick without major correction.
Let me know in comments what do you think of the idea
On daily tf, the major trend indicator 100DEMA indicates the shift in trend when #BTC breaks above it on 12th Jan.
However some key levels for btc is yet to break. $25500 is the first hurdle for BTC to continue its upward journey. We need a remarkable closing with good volume above this level to consider an uptrend.
If BTC successfuly manage to break above the said level then we can witness 32500$ and 37000$ very quick without major correction.
Let me know in comments what do you think of the idea
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