**Bitcoin is preparing to break 600 USD resistance level and reach new hits. That's my vision of current situation with bitcoin based on my own technical analysis.**

My analysis is basen on poloniex data for btc/usdt, 3 windows method and bolinger bands indicator. Three windows method means that in order to understand what is happening with the selected currency we use 3 different timeframes: the biggest in my case is a  day timeframe, the medium one is for 4hours period and the last one is for 2 hours period. The longterm timeframe gives us overall picture and the smaller ones show current situation. The smallest timeframe is used for best point to enter the market.  To understand bolinger bands, you'd better  use this video:

https://youtu.be/u-4QI89_7qQ

You can set bolinger bands on the chart in its settings. I'd recommend to use SMA period 50 as middle line of Bolinger bands.

So, let's look at the current situation:

**2 hours window**

https://i.imgsafe.org/ab6d07f194.png

The price is in upper half of the bolinger bands, and is preparing to move up.

**4 hours window**

https://i.imgsafe.org/ab7698397d.png

Here we can see again that the price pushed up from the middle line, there is a bullish candle now, and bitcoin's direction is up.

**A day window**

https://i.imgsafe.org/ab8253e9a7.png

The price is moving towards the middle line of bolinger bands that is approximately 600 USDT. If bulls will be able to move the price above the middle line, bitcoin will show new hits, otherwise, the price of bitcoin will move to the bottom line of bolinger bands.

I'm personnaly pretty sure about uptrend and I would recommend to buy it now .  And I will be very glad to see your feedback about my method.

#bitcoin