Will history repeat itself? In November 2018, the SEC's communications and the uncertainties of the moment brought down the value of BTC by more than 50% before the next Bullish moment. Today the conditions are very different. Let's see what happens. In the case of a possible simulation.
Después del gran rebote tocando los 3000 euros, ahora bitcoin necesita corregir
(por lo menos un 50% de retroceso Fibonacci), esto es; volver a la zona de los 7600 euros.
-Btc necesita testear la media móvil de 21 sesiones
-El RSI debería caer sobre la zona de los 55 puntos
-MACD semanal comienza a mostrar ciclos negativos
Lo lógico sería un...
You can see on my chart that the downtrend is real and everyone still expects a dump and then a pump but really what i see happening here is for it to drop around 8500 or lower and stay stable for months.
Might see a pump next year, this year its deathzone.
We are at the end of the triangle. Soon we will be able to attend either a big bullish or a super bearish. I believe more in a rising phase if the dynamic support traced by the side of the triangle will stand.
Bitcoin and technology are becoming increasingly popular and bitcoin mining costs and related industrial activities are in full expansion.
Let's see if it...
In my analysis, the downward trend continues.
The second triangle in yellow is the most recent.
If we are lucky in case of descent from the current value we can choose to enter.
To buy (To enter, wait for the dynamic support to be checked)
- Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/-
If we have successfully entered, then we can wait for...
This week was marked by growth, but apparently traders could but are starting to return from their holidays. It will be important to see the volume marking. And I expect growth because of the broken triangle and looking at the graph. With the passage of time, I expect to store volatility along with volume.
Have a nice and successful day
The theory is this when we detect unusual activity in the BTCUSD/BTCEUR pair that does not correspond to equal movement in the EURUSD pair its a sign that there is general manipulation in Bitcoin related to a Bump and Dump scheme.
We are still in an internal WXY correction. Wave 2 is expected to go between the 0.5(7484.15) and 0.618(6374.01) of wave 1 (The whole swing from 2780 to 12180)
The channel is still holding. We have two connection points on each side which make it valid. The median line of the channel is acting as support at the moment
We have a strong structural Resistance Level...