We broke the 8100ish, but no real reaction at all. So i might have been wrong about thinking it was an important level. We even touched 8200 almost. But still low volume during the move up. There is no real increase of volume during this move up from the 7500. This is usually a sign for a bearish movement, at least a decent correction again to maybe make a higher...
Today we decided to compare crpyto and stock markets. On the image above you can see a Bitcoin chart and the Coca-Cola company chart. The similarity is very obvious, very pity that nothing really unifies them. There are only two similarities: both are assets and, what is more important, both currencies trade people.
The value of Coca-Cola stocks depends on the...
Here are 10 reasons why you should consider to buy Bitcoin right now and why I think that a possible next leg upwards is waiting just around the corner.
1. Yesterday's candle close was above the $8,000 above the psychological number - $8,000 is a round number and it should act as a resistance level but the price manages to close above of it.
Do you see what I see or are you BLINDED by all the HYPE of going 5 times Higher than it has ever ???????? up to +100k??????
Anyone with any Forex Insight and experience can see from this chart whats going on here with BITCOIN
What is the real value of Bitcoin from your point of view? Is it above 8000.00 level? Is it below 8000.00 level? Please, share your ideas in the comments.
Why do I ask you such a question? The main reason is to show you the possible difference between the real value and the current price. How it will be, we will know in your comments.
The situation, when there...
This is a quick reflection on Bitcoin's Fibonacci Channel's within its long term parabolic growth curve.
In the two previous cycles, the price touched the -0.382 Fibonacci retracement level before it rebounded. This marked the end of that market's bear cycle and that bottom gave way to the new bull cycle.
This time it hasn't done that (price touching the -0.382...
You can see a great example of how the trend reverses and the beginning of a new cycle. after reaching the maximum, we fell for a very long time and after we reached the bottom and saw the first volumes of buyers, the accumulation zone began. I will say from my experience after the accumulation zone we will fly out with a large volume of large green candles...
Let's take a look at the perfect bull run example. MATIC Network (MATICBTC) went on a run on Binance generating up to 1068% profits in just 11 days... Let's take a look at the chart:
MATICBTC 12h (720) on Binance
On the 9th of May the all-time low is hit and a new run starts. From this day until the 14th of May, MATICBTC...
Bitcoin has finally given a few days of consolidation after it's parabolic break out.
This has given several days for alts to make their room and get some resets on oversold indicators.
Don't start going into 'hodl' mode yet though as bitcoin continues to creep towards the apex of what appears to be an ascending triangle.
The pull back zone appears to be the...
I hope all is going well with everyone.
Bitcoin is currently in a trading range (sideways trading) for the past 10 days - trading between $8200 ( supply zone ) and $7050( demand zone ). I can see some major signs of weakness that Bitcoin price is showing.
For example, the major rally from $7200 to $8100 with volume strength but prices failed to...
Last night i had the weirdest dream about Bitcoin (seriously)
I dreamed Bitcoin was going fully parabolic all of the sudden, FOMO in full effect, everybody was buying, trying to take profit only to re-buy immediately, within seconds, couple of minutes tops it went up to about 630.000 to 640.000 $.
(something like this)
MATIC/BTC on Binance is looking good! Descemding wedge and Doji!
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Just as promised, I want to exposed this very long ETH channel have been following for months and till today the channel still in play.
As we know price movement in channel is either with 12345 waves or A-E waves but i choose to go with wave A-E where as we can all see Wave A,...
Price in triangle and volume decreasing - it shows that big players accumulate position, best entry will be when the price will break out a triangle.
1. Open buy if BTC will break up the triangle and 1-hour candle will close above. Goal is $8500
2. Open Sell if BTC will break down a triangle and 1-hour candle will close below it. Goal is $7050
Peace be upon you, Assalamualikum Hello brothers...
In the beginning, I would like to congratulate My Muslim brothers by the holy month of Ramadan I ask Allah to make it a month full of good for all human beings.
#BTC forming a bullish pennant In 4 TF
we will handle with this pattern and trade it by set buy limits between $7650/$7500
Max Invest: 10% /15%