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EXCAVO
Jun 28, 2019 1:00 AM

Bitcoin Long

Bitcoin / US Dollar IndexBitMEX

Description

Hi friends
After the incredible growth of Bitcoin , there was a correction, on which we earned.




I never said that I’m a guru or a king or someone else. I don't like this pathos. I’m a man who looks like you and studies the market and I will dedicate this to my whole life. By this, I’m always glad to see your comments and personal messages.

In this post I will talk about Bitcoin and potential movements of the situation.
We have several serious levels of support - the yellow zones
I also showed two trend lines , they are also support lines from which we can continue to grow.
D1


H4


I follow not only the Chart, also the activity of people and a special hype among the community is missing, I saw a great surprise and shock from this crazy growth.
From the point of view of fundamental analysis , hype around Facebook and Libra pushed the price and understanding of many people that an influx of new people and new money will come to cryptocurrency.
I believe in it too

This is the beginning of a big bull market as I said in my post and I have a lot of arguments to market grow




Psychological aspect



A falling wedge was formed locally. This is a reverse figure that should work upwards, and then there are, as always, two options to continue to grow or even test the lower trend line and then start to grow

Comment

Touched support line

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Break down support line but still in support horizontal zone

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I want to show you scenario where we go lower
Comments
Make_Money_Guru_Bitcoin
I am fully bullish on btc on long term as this is future not fiat currency
Enhancement321
@EXCAVO Never forget Master EXCAVO...

"WE WILL BE GOLD BEFORE THE PORN, WHILE GOLDEN IDEOLOGISTS WILL EXIST" ~ Rothschild's

"The same situation with cryptocurrencies, but this is only the beginning" ~ Master EXCAVO

rkothwala
This is a nice chart to play swing trading in these days. Can you compare BTC, Total market cap and BTC dominance in one chart?
FrederickDupont
Is the correction on bitcoin over yet ?

taktip
Hard work, good job.
mbc47
Thank you!
HamadaMark
I never said that I’m a guru or a king or someone else. I don't like this pathos. I’m a man who looks like you and studies the market and I will dedicate this to my whole life. By this, I’m always glad to see your comments and personal messages. Well said Eugene @EXCAVO
dab1rd
yes exactly what I have in mind for the bullish version. good job
Turningmecard
perfect. the only one.
Kanadian1
I can't tell you how happy I am that there are folks, such as yourself, taking the time and making sense of the market. Just great info and all for free. A giant THANKS from me. Cheers!
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