THIS CHANGES EVERYTHING FOR BITCOIN !!!!!
The Moon Show
Bitcoin Analysis
- A recent shakeout in Bitcoin's price is seen as a positive sign, indicating a potential pump towards the upside.
- The price needs to break above the $94.9 resistance level to confirm a bullish trend.
- A bullish divergence is present, suggesting a potential bounce towards the $99,000 level.
- A break above the yellow line could lead to a push towards all-time highs.
Ethereum Analysis
- Ethereum is currently struggling below critical resistance and needs to break above the blue line to confirm a bullish trend.
- A bullish divergence is forming on the four-hour time frame, indicating a high possibility of a bounce.
- The next big resistance for Ethereum is at $3,325.
Trading Strategy
- Consider opening long positions if Bitcoin breaks above the $94.9 resistance level.
- Ethereum may follow Bitcoin's trend, but it's essential to wait for a break above the blue line before opening positions.
- Links to exchanges are provided for those who want to trade.
Market Outlook
- A bull market is expected to start soon, with potential targets of $120,000, $130,000, and even $500,000 per Bitcoin in the next few weeks.
- Breaking the yellow line could be the catalyst for a significant price increase.