imhashemi

The sharp edge of Bitcoin

imhashemi Updated   
BINANCE:BTCUSD   Bitcoin
According to the movements of Bitcoin in the last few days, I have determined the price areas that are more likely to react to them. ... in the case of support and influx of smart money, we will see the penetration of the price of Bitcoin up to the green areas, which is an unusual trend compared to its history before the halving of the past years, and this type of unexpected movements makes the calculation very difficult. Only a recommendation. What I can tell newbies is that we are on the edge of a sharp edge, watch your steps, and if you have invested in trading, be sure to consider logical stops and keep the market under a microscope.
Comment:
Dear friends, before entering into the transaction on any of the cryptocurrencies, pay attention to the Bitcoin price trend, such data, order and blocks, Bitcoin dominance and the Chicago market. Also, monitor the situation of Tether and Dollar to minimize your losses. As you can see, according to the analysis I did some time ago, Bitcoin has reacted to the drawn areas and there is a possibility of its fall to the limits I specified.
Comment:
As you can see with the experience I learned over the years from this market I started this analysis in March and correctly predicted the price reaction and bitcoin trends now with this update and before it happens, I want to remind again that the price-loss scenario has been strengthened to fifty thousand dollars, because even without taking into account the historical reactions, news and events are happening behind the scenes that will drive bitcoin to the same areas.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.