BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Major support zone starts from 4.1k - 5k; this was the region in which btc traded for a substantial amount of time
Minor support zone starts from the november low of 5.4k up to to the october's high of 6.45k.

There are good fundamentals for this continuation of the downtrend with the most significant one being the credit card bans by Bank of America and JP Morgan.
Traditional markets are not performing well with VIX spiking up to 37; smart money is sitting tight and enjoying the volatility in traditional markets.

Recent developments is we're trading above the daily bullish doji formation. For BTC to set a good foundation for another massive bull-run it'll need to start ranging for a while again.
We have a lot of resistance zones to break; the only good aspect is that we fell pretty fast ever since 10.3k so it shouldn't be too hard to break them. A critical level to retest is the previous support level.
Momentum is really low; btc is not what it used to be anymore.
The critical level atm I see to sustain this bullish move is 7.4k; if we close below be very cautious as once we close below 7.1k we should begin to look for lower lows.
8400 level broke; Aiming to see a critical level retest of 9.4k.

Intraday levels of importance
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out