Bought Bitcoin before to be late!!! This it's bullish!!!

Dec 6, 2020

In this technical analysis and update. Bitcoin still bullish toward my 2 objective to reach up. My first objective it's a target around of $20,800 USD and my second target it's $22,400 USD. So guys, first I see that Bitcoin form a simetric triangle of continuation of the trend and Bitcoin it's into this re-accumulation zone by one reason. The reason it's could be that microstrategy ad 50,000 Bitcoin into their portfolio value of $50 millions and also, i noticed that specualte news on social media, you tubes media and cointelegraph reading it.



Now, lookint the chart in Daily, BITCOIN it's support in this key trend line that it's bullish and for zoom out we see a simetric trianlge of accumulation.



But if you see this screenshoot, I count the candlestick and I se that Bitcoin it's into this accumulation zone. So, guys, in summary short position it's not good idea. So, my latest technical analyss will be invalided and cancelled of this formation of chartist pattern, whales are cooming on to bought more Bitcoin and the new ATM wealthly transfer it's cooming on right now.

Now, it's very important to be updated in this thing!!!

Also, maybe in this H4 we could to entry right now for then a next impulse #3 to the elliot wave analysis.

Details:

1. Position: Long
2. Price Entry: $19,000 USD (Buy Order Limit)
3. Stop Loss: $18, 200 USD
4. Take Profit: $20,800 USD

Dec 7, 2020

Note

At the moment, I am in trade with Ethereum and XRP. So, I can't to support over 3 trade in the same time. So, I see that perspective it's bullish. But, I will cancel my position just in Bitcoin. but the trend still bullish. Also, in minutes I will going to make a technical analysis of USD/CAD to make analysis on Forex to know the market right now. So, at the moment, I'm still long with Ethereum and XRP.