Hello, dear members of LeoFinance!
The price of Bitcoin has recently experienced several small price corrections. During a couple of them, some cryptocurrency enthusiasts even started to panic, being afraid of a potential trend reversal.
That's why I want to share my point of view.
In the 4-hour chart (4H), BTC/USD still remains above the trend line:
Therefore, the uptrend remains in place. And, it is highly probable, that very soon we may see another all-time high.
To be continued ...
As of the time of writing, one Bitcoin costs $55,430.09 approximately $ on the Binance crypto exchange, according to TradingView.
A few words about me:
Just to let you know: I've been working professionally as a currency analyst for last almost 15 years, and as a cryptocurrency analyst for last almost 4 years.
Important!
Keep in mind, that thoughts expressed here are my own, and they should not be regarded as recommendations for any cryptocurrency/commodity trades, investments and etc.
Learn How To Earn PRE Tokens By Using Presearch Decentralized Search Engine
Join the crypto exchange Binance: https://www.binance.com/en/register?ref=28017531
Join the crypto exchange Bittrex: https://bittrex.com/Account/Register?referralCode=3GB-QAJ-BMW