BTC Hit $49436 🚀🚀 $ 70000 soon?

Aug 21: #Bitcoin: $BTC bounce perfectly from support of $43800 mention in chart and now moving beautifully in bullish channel.

$BTC bounce 12% from Thursday(Aug 19) low and hit $49436 on Saturday morning session as per Asia Pacific time.

Seems currently bulls are in more power than bear 🐻. So bitcoin can easily cross $50K in somedays.

on Last July 21 btc made bottom $29296 but it jump 70% in last 30 days. Same time we saw many small size correction of 10-15% too which make btc more strong in long term. Now, these are important level and 50k + will make bullish for long term. on downside we have support at ascending trend line.

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Bitcoin takes a major correction! Alts Suffer 🐻

Sep7:Bitcoin give big correction of near $10000 after 48 days of rally from $28000 to $52800. Yesterday BTC gave bullish breakout of $51k but it turn into fake out. As BTC break 50k support today, we saw panic sell on btc. Its most probably due to future Market. On daily chart BTC have support on $46000 and $44000 and so today candle will be important for btc. If BTC finish above $46000 than market will positive. At the time of writing BTC trading at $47000 after hitting $42843. This can be relief bounce. Market still in panic. We saw in Jan2021 -April 2021 that BTC took time after big quick dump and retest support again. So a little chance that BTC spend somedays here and retest 42k-43k area. We are in Bull trend till BTC run above MA 50 Day.

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