readCrypto

Bitcoin - Trends

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BITMEX:XBTUSD.P   Bitcoin
It seems that the BTC is creating a 'pull back' pattern to rise higher.

We climbed by touching the weak upward trend line three times.
Again, touch the upward trend line and check if you can climb.

It must also be supported on the downtrend line.

What I expect is to touch the 9617 point and weak uptrend line around February 14.

I think the rise to the 'U' can maintain a better flow than the 'V' rise.

If the price falls below the downtrend line and the closing price of the 1D chart is generated, there is a possibility of a downturn and a careful response is necessary.

Somehow it will eventually rise to $ 10,000 again.

After the BTC touched the $ 10,000 level, it was planting anxiety every day.
I hope you won't see any losses or small profits from trading because of this nuisance.

[Example of exchange chart setup]

(Binance)
www.tradingview.com/x/S94aDxa8

(Upbit)
www.tradingview.com/x/DF6cGh3G/
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