Cryptocurrency commentators think that Bitcoin can rise in a few hours / days.
In the articles we shared today, we mentioned that Bitcoin bulls may have come back. Many analysts on social media also comment in this direction and say that the price of Bitcoin may rise above $ 10,000 again.
Scott Melker, one of the most popular names in the industry (as The Wolf of All Streets in social media) just shared a chart and said that Bitcoin is ready to move up. Melker, unsure whether bears or bulls will prevail until a few days ago; For now he uses his luck for the bulls.
$BTC 4-Hour Line Chart
I was concerned with the clear bearish divergence (red) with overbought RSI. That has now been replaced by a hidden bullish divergence (blue) which signals the bear div is "finished" and continuation is likely. pic.twitter.com/C4EzGPDiyM
— The Wolf Of All Streets (@scottmelker) May 9, 2020
Berk Rabbit, a domestic crypto commentator, also said in a chart he recently shared that the Bitcoin chart looks good now. Indicating that we are facing a very ordinary “uptrend”, Rabbit says there is no need for “stress, panic”.
#Bitcoin 'de trend bullish; eğer gün içi tradeler yapmıyorsanız bugun gerçekleşen harekete benzer hareketlerde strese girip panikle işlem yapmayın. Her şey yolunda.
Oldukça klasik bir yükseliş patterni.. pic.twitter.com/QRUpEbDgVU
— Berk Tavşan (@cberktavsan) May 9, 2020
Also, Deep Blue, one of the domestic crypto commentators, points out that Tether produced 100 million USDT 1 hour ago. According to his comments, Bitcoin’s rise above $ 9 thousand 700 will “accelerate the rise.”
Bitcoin oldukça sıkıştı. Bir de buna karşın tether basımı oldu. 9700$ üzerinde yükseliş hızlanır. 9500$ altında ise düşüş çabuklaşır. Kırılacağı bölgeye göre hareket etmekte fayda var. Duygusal değil destek dirence göre hareket edin. https://t.co/fEZeo4MbWo
— Deep Blue (@deep_blue99999) May 9, 2020