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many people predict that bitcoin will surpase 20k USD for the end of year.
there are strong resistance at 18K or 20KUSD (big round number)
but let see how the newcomers or investor coming in. during
bull run once hit 20k USD.
if the price continuously reject at 20k USD, find some pullback at 12k USD>
we have shaken out the 13k waking zone
Shot past the 15k resistance
next target is 17.5k then we should rocket to 19K!!!
23.5k is my market target but we could see a massive drop after 19k peak to 17-15k levels to retest. '
**Biden winning US election can jump start new "digital age" in the USA**
**a WAR will cause an inverse on both XAU and BTC watch...
Halving is obviously very speculative time when it comes to TA. After spending some time trying to make a sense of EW, important levels and market psychology, I came up with my own ultimate halving strategy.
After the drop caused by the panic of the stock markets in general, with the coronavirus as the protagonist, the BITCOIN is in a stabilization phase .
After a drop from highs in 10,400 to close to 4,000 . Very fast in which there has been slight resistance in the 8300 representing a fall of 1 integer in the Fibonacci series (20% drop from highs). It would go...
ARDRBTC : Double Bottom With Rejection candlestick.
Buy ARDRBTC : 504 Satoshi
1st Target : 605 Satoshi
2st Target : 716 Satoshi
Stop Loss : 445 satoshi
Mid Term Trade
Note : This is Only for Risk Taker.
There is 11% and 40% Reward.
Note: This is only for Educational Purpose this is not Investment advice.
DGBBTC : Falling Wedge on classical support and resistance Zone.
1 Day Time market is Bullish Confirm.
Weekly or Monthly trend Bullish Not Confirm yet.
Market need to test At-least Main bottom.
I have Highlight in green where market has tested our Main Bottom But
I am not happy with that Crash still Need to wait for major trend Confirmation.
Analysis for next week January 6 — 10, 2020
- BTC/USD ends the trading week at the level of 7344 and continues to move as part of the correction and the formation of the «Wedge» reversal model. Moving averages indicate a downward trend. Prices remain below the area between the signal lines, indicating pressure from sellers of the digital asset. At the moment,...
2020 is not just an year it is beginning of new decade that will be of artificial intelligence, autonomous vehicle, crypto which was started by alan turing breaking enigma code.
One of the biggest enemy of bitcoin is quantum computer in which google is king. this new year is different for bitcoin for number of reasons
news "China's cryptography law that will...
Bitcoin is pretty much harmonic in past few month. Many Bat and Gartley patterns are successfully printed on the chart. This time bitcoin is showing the formation of Bat pattern which is mostly likely to touch two very important levels 11300 and 12000.
Intresting facts is that last two pattern printed by bitcoin are both bearish patterns which is holding support...