Bitcoin - Intraday - We look to Buy at 56866 (stop at 55988)
Daily signals are mildly bullish. Trend line resistance is located at 58000. Bespoke support is located at 57000. We look to buy dips. We look for gains to be extended today.
Our profit targets will be 59387 and 60287
Resistance: 58000 / 59500 / 60000
Support: 57000 / 56000 / 55600
I always believe in the technicalities of the market. The Crypto market is dependent on bitcoin and bitcoin only depends upon the technicals and only follows the technicalities.
This is my future prediction about bitcoin.
Our previous plans hit successfully. ( Only market pump and dump because of technical charts and trend , nothing else. Dont invest in traps of...
Bitcoin - Intraday - We look to Buy a break of 59019 (stop at 57996)
Trend line resistance is located at 58400. A break of resistance at 59000 should lead to a more aggressive move higher towards 60000. A break of yesterdays high would confirm bullish momentum. Daily signals are mildly bullish.
Our profit targets will be 61878 and 62778
Hello my friends!
The current situation tells us that we are halfway up in terms of time. Even though many are bearish, that has nothing to do with the overall bullish situation. I remain convinced that around 30k was/is the bottom. The current price action is a classic consolidation. And many are trying to push the price further down with bad news to buy...
I see two possible scenarios for the price action on 15M:
1. Direct push to resistance levels - in the area with a green rectangle where all three trend lines cross.
2. Retreat to triangle's support line in red colour, bounce off and proceed to green rectangle area.
Upon reaching green rectange go Short for the next few candles on 15M.
Hi traders, this is my Bitcoin price forecast. Let me show you that you are still not too late to invest.
Well there is a maximum number of Bitcoin of 21 million that will appear in the market. This means that at some point no more Bitcoin can be spent, for which Bitcoin halving was devised.
if you look in the past, bitcoin has made huge price increases after the...
What is Bitcoin?
Bitcoin is a cryptocurrency. It is a decentralized digital currency that is based on cryptography. As such, it can operate without the need of a central authority like a central bank or a company. It is unlike government-issued or fiat currencies such as US Dollars or Euro in which they are controlled by the country’s central bank. The...
We have just finished a flat. We will break out of this channel and head to 76499. If we head to 53k$ I will have a bearish setup.
Also, MACD is diverging upwards along with RSI. I don't expect this move to be too quick though. Look at my last Bitcoin post for the longer-term picture.
I am SO SORRY about the scratchy sound. I was being lazy and resting my laptop on my legs in bed.
I thought it would be more useful to explain my thought process rather than post a static photo. Let me know if it helped.
This is just a theory and SHOULD NOT be taken as any sort of investment advice.
This is just for fun and to inspire you to connect the dots...
I put a side by side comparison of the 2017 bull market parabolic run with blow off top versus what is currently happening now and what could be coming. Though history doesn't repeat, it generally rhymes.
What are your opinions on this? Comment below, hit the like and follow me. Thank you!
Check out more below for recent Altcoin, Bitcoin and Stock...
Ok, so I am using the CME futures chart to show you something. Bitcoin looks like it's breaking out to $70K+ however, Fear & Greed index is 75 and leverage in the Bitcoin ecosystem is at an all time high. What does that mean? A shakeout in coming SOON! Where will it take us? Well, it just so happens we have a gap to fill at $61-62K. That's the shakeout target. So,...