My BTCUSD price view and prediction ( my 1 st post )

Daily BTC is in consolidation mode. No trade at this time when volume is pretty low.

My bias is a little bearish since price is below 20EMA, my C1 and C2 indicators show bearish sign. Miner is not profitable at this time, so I will just wait until my indicators tell me when to flip bullish on daily.

Weekly BTC shows more bearish to me, unless we see some green volume come back and price start trending up and close above 10EMA. Be patient guys! I still think BTC is one the best investment in human history.

2 scenarios to me:
1. BTC keep trading sideways until halving
2. BTC keep going down ( please dont...)

weekly chart

Any comments are welcome!


Here I am, I have been in crypto world for at least 2 years now, I have been losing a lot of money at beginning since I have 0 clue about trading. It is until recently, I have came up my own algorithm( my own indicator combinations) plus money management skill , and I start been profitable in my btc and altcoin trades. I will share my ideas regularly and hope can help any traders here. ----- Dan

Comment:

BTC seems bearish more than bullish case. The next support will be around 6000-6100 . Daily volume is going bearish and miner still losing money, all my indicators shows bearish now. No trade for me at this point. There might be more blood on the street in the following week, lets wait until the weekly candle close