This is likely going to be a bullish month for
BTCUSD
because there a so many fundamentals in favour of the bulls.
1. Mining difficulty has increased
2. Open Interest has increased
3. The number of holders increased
4. The number of new addresses increased
Technically;
1. Supports held nicely
2. It broke out if trendline
3. Candle closed above EMA 50
Expectation: Bullish
What are your thoughts about my analysis? Share your thoughts with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
BTCUSD
because there a so many fundamentals in favour of the bulls. 1. Mining difficulty has increased
2. Open Interest has increased
3. The number of holders increased
4. The number of new addresses increased
Technically;
1. Supports held nicely
2. It broke out if trendline
3. Candle closed above EMA 50
Expectation: Bullish
What are your thoughts about my analysis? Share your thoughts with me in the comment box.
If this analysis makes sense to you, follow me now and support my idea.
Trade active:
Let us see what Uptober will look like