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    Bitcoin BREAKS a Key Level on This Timeframe… Now What?



    Bitcoin breaks a key level on this timeframe… now what? The recent rally in the price of bitcoin has pushed it above an important level on the weekly charts – namely the weekly 21 EMA. We are also seeing extremely overbought conditions on BTC. So what could this mean for the crypto? Could this be the start of a bull market or is it too soon to call? We look at the charts. #Bitcoin #BTC #AlessioRastani

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    View 37 Comments

    37 Comments

    13. Golden Shots on

      Hey Alessio! I've been a subscriber since 2021 and i would like to say that i love your content and i learned so much from you.
      I've even started to teach other people some insights on the market too which they use to gain traction of their financials and increase them.
      I value your information since day 1 and it hasn't changed since!

      Thanks for what you do. (Y)

    16. EzDean Fassassi on

      Thanks for the video Alessio. Just a note: looking at momentum indicators on small time-frames in an impulsive move is misleading. This trend is clearly happening on the weekly chart, so an overbought Daily (relatively small timeframe) is to be expected. Also notice a confirmed strong bullish divergence on that Weekly Stoch RSI playing out.

      $40k is very likely in the coming days imo…

    23. rusu989 on

      Hello mr. Alessio. I just want to share a warning. I went down the rabbit hole after your previous video that mentioned the 2w macd cross and i started watching the precious cross patterns and rn we're very similar to the 2015 pattern. if we can't get above 22k expect 11.2k and that to be the bottom. 🍻Cheers and thanks again for making that video.

    25. Cripto Bird on

      Thank you for your excellent videos. I remember your video about the 2W MACD cross, now I see you were right. I’m thinking seriously of becoming a member of your community. Regards from Madrid.

    28. paul4utica on

      you did a video in sept-ish saying if the market does a 3 wave impulse up by end of December, then it goes down in 2023…if it did a 5 wave impulse up then it rises in 2023…what is your verdict? Is this not important enough to follow up on?

    29. mda99das on

      Alessio, I disagree the price is going up, this is such a huge trap, this is going to trap retailers going long suck in liquidity and dump .

    30. Ken Varkey on

      Alessio, great analysis as usual. But you did expect the bear market to be short < 6 months so lets make sure we recognize good and bad calls please.

    31. CryptoLube on

      Thanks for the update. I bought heavily at 17k and will be taking profits and plan to sell most if BTC gets above 25k. Feels good after selling all crypto above 48k. Time to play again, but just short term. I do not think this will be it. Pulling up the 21 EMA again to watch the progress. I appreciate you sound analysis without the clickbait.

    33. Ggdivhjkjl on

      Normally skip ads in your videos but this sure made us feel good! It was probably some sort of scammer but at least we now feel like we could be as rich as he says he is 😄

    35. Anish Jha on

      Thank you for your insights as always! But as you have said in the past – weekly EMA 21 and 34 both are crucial, It needs to cross weekly ema 34 which is currently where it is stuck, waiting for the momentum to pull through!

    37. Luke Baehr on

      Alessio? If you look at trading view all the BTC charts show weekly RSI as being oversold and the weekly 21 EMA as overhead resistance. Please take a moment and look at Tradingview.

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