#Bitcoin Chart Analysis 24 Jun 2021
Bitcoin is bearish, I will drop until Bull's Longs liquidation
Bitcoin is among two trend line and is being compressed (Wedge pattern) Depending on which side the breakout is made We expect these scenarios Good luck
Bitcoin has what it looks like the mother of Head and Shoulders formed on the daily. I’m watching the 30-32k area to see if it can bounce and hold the first trendline but if it breaks below 30k then it appears to be breaking the neck line. Not financial advice just a simple observation this morning. Trade safe
Bitcoin testing the support, i expect a bounce at this point
Bitcoin (BTC) fluctuates without a definite trend. In the last few days, buyers have not been able to support bitcoin and therefore the market has been in a neutral phase. In the daily chart, it can be seen that the price of Bitcoin is stuck between the support area of 43-47 thousand and the resistance area of 65-60 thousand dollars. This is while good news is...
Bitcoin is on Vacation. You also should take it.
BITCOIN price seem like still in consolidation, maybe still forming a triangle pattern..
Bitcoin touched 38 000 and support is still holding. Currently trading 38 900 Supports 38 000, 36 500 Resistance 40 000, 41 000, 42 000 Targets for swing long still same - 45 000 and 48 000
BITCOIN what will happen? analyze saying it will pump and some news also is positive, but we also have a futures trader who earns in a bear market,
Bitcoin, i still don't like it. Also, it broke local Wedge.
Bitcoin is breaking away from the period of consolidation in picture perfect higher highs and higher low fashion. This is the technical definition of an uptrend. Using the volume profile as influence you can maybe see why these trends are difficult to keep up. There is always the attraction to go to an area of higher traded volume waiting below just in case...
Bitcoin is now within the potential higher low price area that I have been anticipating. A new buy signal may develop here upon the close of the current candle and break of its high. More importantly, the reward/risk continues to be attractive. On the other hand, IF price takes out the low of the current candle, a 30K test is still a reasonable possibility. ...
Bitcoin continues to find buyers whenever it retests the 50% pullback low. With every rebound, the price, however, created yet another lower high, forming a downward pressure within the consolidation. The crypto market has been extremely vulnerable to any news from major governments to tweets from Elon Musk. We continue to see Bitcoin under negative pressure...
Bitcoin, break up pattern. Wait for confirmation
Bitcoin,D1: Support level + Bollinger bands + Candle patterns + Oversold + Divergence + Discount