Bitcoin- Distribution or just consolidation before new leg up?

Bitcoin / U.S. dollarBitstamp

Description

⋅ Oct 4, 2021 3:20 PM

Since 1st October Bitcoin is trading in a range.
At this point, things can be pretty simple with a break above 48.500 exposing 53k zone or a break below 47k exposing 44k

Comments

Mallyx55

⋅ Oct 5, 2021 5:04 AM

I don't get it. Are you all blind ?
It's the "it can go up, or it can go down" TA kind.

shimmeringpath

⋅ Oct 4, 2021 9:05 PM

52k incoming it seems !

akwoluemmanuel

⋅ Oct 5, 2021 8:31 AM

@shimmeringpath no way, check daily chat....it will definitely come down to 44k

moononwaterfall

⋅ Oct 5, 2021 3:24 PM

@akwoluemmanuel, nope

shimmeringpath

⋅ Oct 5, 2021 9:23 PM

@akwoluemmanuel, we already hit 51700 ! We're up !

GreyHunterX

⋅ Oct 7, 2021 5:12 AM

good call, would be interested i a update :)

CobraVanguard

⋅ Oct 5, 2021 9:39 AM

keep the good work!

ForexTrendline

⋅ Oct 5, 2021 5:20 AM

Nice one, will watch out for this setup!

yonsfx

⋅ Oct 5, 2021 3:49 AM

Thanks alot!