Analîzkirina Bihayê Bitcoin - Nîşana Berbiçav: Ma Bitcoin Ji Vê Kanala Şeş Mehî Diqelişe?

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• Bitcoin is breaking out of a long bearish zone – the six-month channel boundary.
• $7600-$8000 support provides a rebound for Bitcoin.
• A retracement move is likely if the price drops below $8500

After finding support at $7600 last week, Bitcoin has further mounted key support at $8000 -which now fuels the current price increase. The buyers are coming up with a strong momentum that is likely to turn the BTC market on bullish impulsive for this year. If the bears react to price actions, we should expect a retracement move to a near or an important support level.

Astên berxwedana sereke: 8800 $, 9600 $
Asta piştgiriya sereke: 8000 $, 7600 $

Analîza Bihayê Bitcoin (BTC): Qerta Rojane - Biha

Bitcoin is attempting to break away from a six-month descending channel. The bullish move would confirm if we see a daily price close above this channel. As of now Bitcoin has managed to surpass last week’s $8400 and now trading slightly above $8500. The last 24-hours gain from $8000 signals an incoming bullish momentum.

A clean breakout should provide buying opportunity to June 2019 high ($13700) in coming months.

But for now, the mid-term resistance lies at $8800 and $9600. Meanwhile, Bitcoin is currently sitting on $8000 support. If this support fails to keep the bulls on track, BTC may have support at $7600. Following the past four weeks of gains, Bitcoin’s price would keep appreciating if buyers stay long in the market.

Analîza Bihayê Bitcoin (BTC): Qerta Saet - Bullîn

The latest surge above the yellow symmetrical triangle on the hourly chart indicates that the bulls are back in the market. Meanwhile, Bitcoin’s price has been rejected at $8600. A retracement is likely to play out before BTC continues to climb higher. The potential rebound level here is $8288 – where the horizontal grey area lies on the chart.

From this area, the next buying target we should be looking at is $8800 and $9000. At the moment, the market is deciding on whether to drop or not. If the bulls regroup above $8500, Bitcoin could significantly surge to the mentioned resistance. However, it’s important to wait for a short pullback before joining the bullish trend.

BITCOIN SIGNAL DIKIRIN

Navnîşa Kirînê: 8289 $
TP: 8600 $ / 8800 $
SL: 8022 $