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Bitcoin Rainbow Chart 🌈
We are slowly moving back to the second lowest line, which is the 'Accumulate' line.
If Bitcoin could enter the yellow line again, we will be above the $100,000 👀
Bitcoin is PUMPING like crazy and is trying to break the critical resistance!
We are almost at $32,000 🚀
The Breakout on the weekly chart looks strong.
Let's see if Bitcoin has enough rocket fuel to gain the resistance level
I'm so Bullish on Bitcoin right now!
It has been pumping like crazy in UPtober.
We are now approaching the most important resistance before we can officially start the next Bullmarket
I have been talking about this potential Bitcoin W-pattern for quite a while and it is playing out like clockwork!
This is a bullish formation and it might break the 30K-32K area resistance
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Bitcoin is creating a Bullflag on the 4 hour chart!
If we break the topside, it could pump to $30,000 🚀
These are my Bullish scenarios for Bitcoin.
To remain in an uptrend, Bitcoin needs to create an higher high.
So, don't panic when we drop to 27,8K, because if we hold that support level, it will still be considered a bullish retest of the support
Bitcoin getting rejected by the 28,5K resistance level!
We might go down from this point and then the 27,8K would be the first level of support.
If that level holds as support, we also will create a new higher high which indicates the continuation of the uptrend
