DeFeye

BITCOIN Technical Analysis

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Welcome Traders, Investors & Gamblers 😃

Let's Talk About Bitcoin!
It's been a while since I posted here on @TradingView, hence I wanted to give you a quick but hopefully comprehensive view on the current range and expected price targets for Bitcoin .

It's all in the Video for you guys, but as always, here you can find all the individual charts that I've been using in it!


4h Charts:

Local Support(white)/Resistance(orange) levels and breakout targets (green)
Fibonacci Retracement on closing basis (39.800 - 27.700)
Descending Triangle


1D Chart:



Weeky Charts:

Fib. Retracement March 2020 - November 2021
Falling Wedge Pattern:
Current Support


I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise.


As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏

Happy Trading ✌♥📈

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.