CryptoComes

BTC/USD Higher, Faster, Stronger, Power!!!

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COINBASE:BTCUSD   Bitcoin
Do you remember the last time Bitcoin added more than10 percent in just 24 hours? I don’t but in fact, this is a good sign for the main crypto and the whole industry as the others will follow BTC/USD in this huge uptrend. The currency pair has done a great work on Tuesday and reach my targets. Moreover, Bitcoin went even higher, bringing more profits to investors. Is that all? I don’t think so. I believe that the show will go on in the nearest future.

Well, mates, let’s see what’s going on the 4H chart currently. I have put there this green rocket as I think that Bitcoin looks very promising. BTC/USD had no problems to surpass $7,000 on Tuesday and seems to have enough fuel to develop this progress in the nearest future.
As for my closest targets, I think Bitcoin is going to reach $7,734 in the nearest future. Why this level? I think that the volatility is going to decrease. Moreover, I suppose that BTC/USD is going to make a sort of a correction or better a consolidation before resuming its uptrend. There are no patterns currently but I don’t think they are needed in this situation. News that Bitcoin is alive, will bring here more buyers than all those technical tricks could do.

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