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TheSignalyst
May 10, 2021 7:38 PM

BITCOIN - Detailed Video - What Next? 

BITSTAMP:BTCUSD240
Bitcoin / U.S. dollarBitstamp

Description

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Hello everyone, if you like the idea, do not forget to support with a like and follow.

Here is the top-down analysis for BTCUSD, feel free to request any pair/instrument or ask any questions in the comment section below.

Best of luck!
Trend AnalysisChart PatternsWave AnalysisBTCUSDBitcoin (Cryptocurrency)cryptoBTC
Comments
BrokenTypewriter
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BTC has problems trying to close above 60K. Not seeing any buyers above that price level. SP500 had a down day and brought down the crypto markets with it. BTC broke it's upward trendline and should retest it. If it closes below the 20SMA on the daily, It will head down lower to support around 52.5K. If it fails that I can see it retest 47K.
Where the SP500 goes, the crypto market will go along with it.
TheSignalyst
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@BrokenTypewriter that was a good read 🙌 thanks for sharing mate
thedjhenny
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My favorite analyst on here. Thanks so much!
TheSignalyst
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@thedjhenny my honor 👑
meji10000
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Great analysis ^^
TheSignalyst
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@meji10000, thank you Meji :D
financialflagship
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Quality content, thanks for sharing. 🔥🔥
TheSignalyst
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@financialflagship, thanks dear Alex
jason_88
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Great analysis my friend
TheSignalyst
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@jason_88 thank you Jason 😁
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