$BTC already failed a couple of times to break the resistance level. IMO it's do or die time.
Bitcoin is expected to break resistance and jump to higher price
Bitcoin drops to the support level and then moves higher
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Hi, I am new here and I decided to do a weekly analysis on Bitcoin every week. This week Bulls momentum is in growth. It had huge support at 6400s which resulted in 2 great bounces one being a whale push. Thus I predict that Bitcoin is going to hit 8240 in the coming 1.5weeks. Trading Budha, Keep your mind calm to win this world.
Serious im not kidding, im thinking of bitcoin building up some history now. As you can see the chart we have the ABC movement with no really serious waves. as you can see if i put in the waves counted by elliot wave principle i found out that bitcoin made wave 1 and 2 now. Wave 2 is correction wave down to fibb .618 which is normal. after wave 2 you have wave...
Eyes on BTC edging lower and being supported by renewed demand interest. Losses are marginal as we creep into the 6,000 handle with expiries later in the month. Expecting BTC and other major Cryptos to ebb gently higher as we await the macroeconomic backdrop to eventually feeding through into Cryptocurrency strength; given the punitive carry, the bar for...
6100 is a key whale level, it's been signaled for more than a month now. Yesterday it should have happened, but a short squeeze came first. 7500 was wicked and now ponzi should be back on its original and fair value determination, which is down. 6100 will be reached eventually, hopefully this year. 6100 provides an excellent long entry in return, so you could...
I'm convinced that Bitcoin will only growth next year. BTC will be in a strong downtrend until February next year like you can see on my charts. Wait for the right moment to buy. Until then stay away from this trade.
BTCUSD fractal indicating a bounce off the downward falling wedge trendline. This bounce seems too predictable for a reason so I am not sure if it will follow through. Maybe trend along the downward trendline for a bit? Maybe a break of the trendline?
Just a minor update to my previous analysis which predicted the drop from 8k €. After losing the €6.3k support ($7k) there's really no stopping that falling knife all the way to €5k if not even lower. January is looking grim. Short it while you still can.
BTC - Choppy trading persists - a touch of excitement as we break back above the prior downward sloping trendline from last week, however the market is mindful that $ shorts are becoming more widely expressed and I am awaiting the spillover into BTC via the next key risk driver. Expecting BTC dips to continue to be met with demand/covering interest and a close...
1) Bearish retest of the ascending trendline (ascending triangle) with reject 2) 7380 Area Support seems to Break Now waiting for a retest - Stay calm and looking market $BTC could go on the bottom of the Weekly Range in 6XXX Area Not a Financial Advice
Regardless of the so many positive news happening in the market we can see so many negative sentiment in crypto twitter. In about one hour we are going to see a golden cross in the weekly chart of BTCUSD KRAKEN:XBTUSD
Reload zones and key supports are enough to become a profitable trader in this market. So stop complaining and trade High Time Frames.
$btc showed great strenght/momentum from <$4k to ~ $14 and we haven’t seen this kind of strenght ever since. What does this tell us? The move upwards was most likely the longer current trend and the current downward movement is a correction. This correction reached the 61.8% fib level, but as it’s a wave 2 it could reach new levels. It’s actually not so...
BTC - After a big wave of international BTC buying yesterday, the London open has been rather calm - foreign accounts continued their USD selling but in much smaller sizes. On the news front, in the evening there was a headline saying “Bakkt Bitcoin Futures reached a record high” - important for those positioning for Bakkt Bitcoin Options contracts on Dec 9th....
bitcoin is in fallin channel till end of the Year and beyond. It will reach 5000 till end of April 2020 when the Halvin will take place. Then there is a chance that a new parabolic rally will start.