CRYPTOCAP:BTC #BTC ranging $52,527-$50,579, RSI looks good on 4h, RSI on 1d still in overbought region, last 1D closed good with bullish pin bar, given resistance $52,527 remains strong, key support at $50,579, current support range $51,185-$51,630.
CRYPTOCAP:BTC #BTC Given key resistance area at $52,527 holding strong, $51,630-$50,579 current support range, RSI on 4H looking good, previous 1D close looks fine with RSI still in overbought region, Watch given S/R
CRYPTOCAP:BTC #BTC Followed thru on bullish pin bar - Given resistance came in effect at $51,630 and built support over it beautifully, same support in effect currently, $52,527 resistance testing, RSI on 1D and 4H in overbought region, next resistance areas $52,932, $53,672, $54,129, $54,772, and $55,901.
CRYPTOCAP:BTC #BTC look at that! Given resistance at $50,089 in effect, testing here since over 12 hours now, $49,374 current support, next S/R area $50,579 / $51,630, some resistance at $52,932-$53,672 - $53,672 was a major key support in last rally.
CRYPTOCAP:BTC #BTC $44,860 resistance testing. Amazing break from $43,145 key resistance, RSI on 1D looking good, next resistance area to watch at $45,622-$45,876, $44,860 support crucial to hold as this will help reattempt at $47,232 key resistance. $44,174 current support yet to be tested
CRYPTOCAP:BTC #BTC $43,145 resisted throughout the weekend, previous 4h close looking good, RSI on 1D and 4H looking good, Current support at $42,070, $44,860 next key resistance. Watch given S/R
CRYPTOCAP:BTC #BTC $43,522 resisted hard, back below $43,145 support, current 4h with bearish engulfing could test $42,070 support if played out, $42,070 & $40,583 next support areas to watch, must regain $44,860.
CRYPTOCAP:BTC #BTC $42,070 resisted the climb as expected, currently struggling to gain support from $42,070, $43,145 test approaching. Previous daily close bearish, $41,577 current support. Gaining $43,145 support will help test $44,860.
Keep that in mind : - More we go Down. - More the next bullrun will go High. - Fibonacci Law Rule. - Happy thanksgiving to everyone! 🐔
CRYPTOCAP:BTC #BTC AMEX:GBTC outflows effecting #Bitcoin, $39,458 support came in effect, current 4h with potential bullish engulfing, Previous daily closed bearish, RSI on 4h and 1d close to oversold region, expect a reversal as AMEX:GBTC outflows cool down. $42,070 & $43,145 resistance to watch.
CRYPTOCAP:BTC #BTC on $45,622 support. Previous daily closed good beating bears and FUD as the ETF approval news was cleared, $47,232 key resistance to watch here, $44,860 current key support, watch given key resistance areas and support. RSI on 1d and 4h looking good.
CRYPTOCAP:BTC #BTC $46,623 support in effect, $47,232 resistance holding. Previous 4h closed very good, current 1D looking good, if followed thru on previous daily close expect $47,786-$48,080 test, Bitcoin ETF hype already pretty visible throughout the market, Jan 10 deadline approaching shortly. Next key resistances $48,644, $49,734, $50,579, $51,630, $52,932.
CRYPTOCAP:BTC #BTC FUD dump followed by negative ETF rumors, trying to regain $43,145, $42,618 current support. Bearish engulfing on previous daily close but should be able to avoid following it up, $44,174 support needed to reattempt $45,622.
Bitcoin has broken Weekly Resistance at $38,000 and raced to the top of the bull channel around $42,500. Now that the move seems to have played out, what is the next trade? How do we trade this? 🤔 If you're not already in a long, Do Not Enter the market. We're too close to the bull channel resistance, we haven't tested the previous Weekly Resistance as...
CRYPTOCAP:BTC #BTC Beautiful climb, $45,622 resistance came in effect, $44,860 support tested and holding good, Bullish engulfing on previous 4h close. Great follow up on bullish engulfing from 31st Dec on Jan 1st, RSI on 1D looking fine. Next key resistance $46,623, $47,232.
CRYPTOCAP:BTC #BTC $41,577 support testing, broke $42,070 support, previous 4h closed bearish, RSI on 4H almost in oversold regions, $40,583 next key support which could be tested for 3rd time since Dec 11, Previous 1D close looks fine, $43,145 will resist.
CRYPTOCAP:BTC #BTC Given key support at $42,070 tested as expected and held, regained $43,145 support and testing support as of now, RSI on 4H and 1D looking fine, previous daily closed good regaining $43,145, $43,868-$44,174 continues to resist, watch given S/R
CRYPTOCAP:BTC #BTC moving in tight range $44,174-$43,522, bearish engulfing forming on 4h currently, $43,145 support could test. RSI on 1D and 4H looking good, 3rd weekly close approaching with $43,868 resistance. Watch given S/R