$BTC $29k or $100k?? Pump or dump?

Bitcoin update in 4hour time frame

#Aug 22: Bitcoin in 4 hr: BTC price is moving in uptrend channel. BTC look bullish as it making continue Higher Low. $48100 is good short term support. and 50k is good resistance, Breakout $50k will help to push price towards $52k-$53k.

US dollar Index can impact in Short term as Global market shows correction when DXY jump. But in mid/long term , BTC have own path to follow.

BTC in day time frame

#Aug 22: #Bitcoin in 1 Day: In last week BTC test MA 200 multiple times and now BTC price well move above 200 daily moving Average which is at $45850. We can also see proper Golden cross between MA50 and MA100 which indicate that BTC market positive and ready for check upper target.

$50000 is resistance for BTC and $44k and $40k is good support area for picking new position.

BTC in weekly time frame

#Aug 22: Bitcoin in Weekly Chart: Weekly chart also indicating bullish momentum in Bitcoin: BTC is making 5th continue green candle on chart and test support in each candle which make it strong. $30000 and $40000 turn into good support for long term holder. $50000 is major resistance and breakout $50k and weekly closing above 50k will open gate for $65k and $100k.

We can also see that MACD turn into bullish on weekly chart and indicating that btc will open for new high in long term.

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Can Btc reach $65K ?

Oct 14 #Bitcoin: BTC price is moving in a range $53k-58k. We saw cup and handle pattern breakout at $53k on oct 6 and BTC is trading above this zone from last 8 days. After $53k breakout BTC formed new trend and indicate that it can jump hard in next 3 month. Last 5 month chart also indicate that whales accumulate BTC from retail traders. In last 7 days btc formed a upward channel and breakout above 58k will push price towards 60k-65k in quick time. $53k is work as strong support and indicate that trader like to buy this zone. As per past trends and chart formation , BTC can pump hard with high volatility in coming months. In last 5 month BTC digest all fud including Big China BAN and trading above 5 month high. We can see that BTC bullish for next 3 month as per trend and bulls will not loose control in this quarter.

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