Bitcoin is following the uptrend

Short update. Good morning from Munich.


Bitcoin continues following its longer term uptrend.

As we have seen a short fall back to around 23500k last days, Bitcoin still got its strong momentum back and bounced on the support. this is a really strong sign for the ongoing uptrend. My personal bot was rebuying and filling bags the last days below 24k and got positions sold this morning. Also the RSI indicator got a little fall back last days which is a good and important sign to consolidate. Therefore we do have enough power for seeing higher values.

I personally think we will today or tomorrow touch the 25k again or maybe even break.

If you also want to learn more about trading please join our discord community and check out our products.

(Not financial advice.)


Cheers and have a great day,

Patrick




Interesting update. !

BTC is having biggest volume than ever before. Seems more in more people start investing in Bitcoin.




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