BITFINEX:BTCUSD   Bitcoin
This is not an advice : I just like to draw lines :{
Comment:
I can not post pictures here, but if you look on Kondratiev waves, the 2020 year is the peak of the cycle in the world economy meaning prosperity ;) Could it be associated with crypto and blockchain in general? who knows
en.wikipedia.org/wiki/Kondratiev_wave
Comment:
needs to close above 7k this week so we can see 8500$ again
lets see
Comment:
the first resistance is 6650$, if it does not break next days,
scenario is on the graph, consolidation phase continues.
Comment:
6200$ holds with nice volume, good sign, but looking to break 6600$ with nice volume too
Comment:
false break out of 6600$, some selling pressure.
6400$ should hold otherwise me may see 5800$ again
Comment:
Very good move for Bitcoin, last days it shows some kind of natural growth.
Resistances:
7100$
7450$
Supports:
6800$
7000$
Comment:
price is above 200 MA heading to 6 000$ resistance
Comment:
finally we did it
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