In Daily TF BTC.D is at resistance trendline.
In case it break above, we will see another market dump.
In case resistance is strong, BTC.D will fall and the market will PUMP!
We are in a critical point here, stay away from huge investments.
Always manage your risk!
It has become apparent this site lurks a new type of parasite
which leeches on the tools of character assassination
and for this reason I will no longer publicly disclose anything.
So we can see that Bitcoin clearly shows a new dynamic since 2018, which it didn't have before.
Such a behavior as now without any kind of bounce, was unthinkable in 2010-2017. Bitcoin always loved huge bounces, but since 2018, when institutions started getting involved more and more, Bitcoin also started changing.
I expect Bitcoin therefore to behave very...
So many bitcoin analysts find themselves surprised at what BTC is doing.
Apparently the old fractals from 2013 and 2017 aren't working any more, and now even the Wyckoff accumulation pattern seems to be failing us. What the hell BTC???
Well what if BTC changed its behavior at some point, I assume it must have been in 2018. The 2018 low was already very very...
I was warned about posting this - Expect extreme volatility at open Monday - Leading to investors to pour in from crypto and other tech stocks - expect nothing less than 6$ - MEDIA WILL TELL YOU IT'S OVER-VALUED HOWEVER THIS IS NOT TRUE.
Expect this IPO to effect the Crypto Markets
I think bitcoin has started to decline and we will see a drop of at least $ 16,000 in the coming weeks.
Which one do you think will happen?
This post is just a personal idea and not a buying or selling advice.
#BTC At The Long Term
- As we note, the downtrend was broken with a strong candle up #Morning Star
- We expect a strong long-term rally from this point
- In the short term we expect some correction
Please share your opinion in the comments box and do not forget to press the like button
The Positive :
The price remains above the primary support and does not break the 3100$ low
Butterfly pattern confirmation:
A weekly candle closes above 11500$
Breaking the bottom of 3100$
This is just an idea, not an investment tip
PennyBags is back from his enlightenment trip in Singapore and is ready to give you the low down on the Bitcoin Market.
The bull is in full affect here on the 1D chart and has been since April 28th (the day price crossed the 200 Day SMA circled in red on the chart). This cross has been a strong trend indicator in the past as you can see on the chart, signaling...