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The price confluences are just stacking up on the Bitcoin chart, and all of them are flashing the buy signal. But we’ve not been able to put a concrete date on when we expect this price surge to occur.
Well, that has all changed with the converging triangle forming in the 4-hour timeframe. This converging triangle helps us put a timeframe to how soon we can expect to see the price surge on Bitcoin.
To take advantage of this Bitcoin analysis and potentially make money from trading Bitcoin with leverage, sign-up to Bybit. The exchange is one of the best crypto trading platforms in the industry.
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Bitcoin Bullish Count Down
The apex of the triangle converges on the 19th of April. This means that we can expect to see a massive surge in the Bitcoin price on or before the next two weeks!
This gives us ample time to buy Bitcoin from key support areas in anticipation of this potential bullish surge coming at the Bitcoin price.
As for technicals, we want to see the Bitcoin price break and close above the converging triangle. This will open the way for a price surge to as high as the $76,000 level in no time.
You can take advantage of this bullish price analysis by signing up to Bybit and trade Bitcoin with leverage. The platform is fantastic for both beginners and experienced traders.
When you sign up using our Bybit link you get up to $200 in bonus after your first deposit.
Are you feeling bearish about Bitcoin? Well, no worries we made a short Youtube video covering the bearish scenarios for Bitcoin, what to look out for, and how to take advantage of the short-term selling opportunities that might arise.
If you know nothing about shorting Bitcoin and realizing gains from it, check out our How To Short Bitcoin guide before watching the video.
To Gain More Information On How To Partake
To gain more information on how to partake in Bitcoin trading with leverage, you can read our How To Trade Bitcoin Guide. You can also check out our top list of Best Bitcoin Exchanges To Trade With.
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You can also earn while you sleep by investing with professional traders on PrimeXBT. This method is called Covesting and is perfect for both new and experienced traders. You can sign-up using this link PrimeXBT Covesting.
