Bitcoin HITS $55,000!

Monthly Chart Flashes Ultra Bullish Signal.

In this issue we’ll cover the higher time frames remain bullish on Bitcoin, Crypto, and certain Stocks.

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Bitcoin

We just saw price hit $55,000 for a brief moment & the monthly Sharp Shooter Candles 3.1 just flashed orange. A lot of similarities to November 2020 monthly chart so we’ll see how the month closes.

Case for mid to longer-term bulls:

  • Daily chart is currently ultra bullish

  • Weekly chart is ultra bullish

  • Monthly chart flashed ultra bullish

Bitcoin Weekly Chart

Monthly Log Chart

ANF Potential Targets

Quick 12 Minute Bitcoin Video Update:

Crypto

Ethereum has hit 3 of the 4 longer-term targets so far. Added additional targets based on other assets hitting these similar targets.

Updated ETH Weekly Chart

DOT Weekly chart remains bullish since the last buy signal.

Updated DOT Weekly Chart

NEAR weekly chart has flipped ultra bullish & price is back into longer-term target 1.

NEAR Weekly Chart

SAND daily chart has hit 3 of 4 shorter-term targets.

SAND Daily Chart

Stocks

LMND Weekly Chart remains bullish & broke out of longer-term downward trendline.

Some of the Bitcoin mining stocks like CLSK weekly chart below are pumping & have hit multiple longer-term targets so far. Some are just starting to pump & could be lagging timewise. Here are some that could be lagging:

  1. HUT

  2. HIVE

  3. MIGI

  4. WULF

  5. CIFR

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Disclaimer

The contents of this newsletter are expressed in my opinion only, none of which is financial advice. Always do your own research as this information is intended for educational purposes only.

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