On chart 1 hour time frame, the Market is Bullish, the symmetrical triangle has been broken out, RSI Oscillator breaks out 50% tendance line, 50k resistance level breaks out. Bitcoin and the other crypto are strongly bullish. Bitcoin formed Double Bottom at 47k the support level.
Bitcoin's actual price rises 4% in 24hours is around 50300, low 48k, high 50.8k. Market Capitalisations 918Billion so far this month. As Bitcoin rises, the other coins like DOT, ADA, LTC, ETH absolutely pump up as well. Bitcoin will pump up to 55k.
Don't forget to predict Bitcoin hit 60k to earn #DOGECEO. What is in your thought about BTC, ADA, DOT?
Bitcoin Technical Analysis March 07th, 2021 Analysis
