Take a look at the price action of Bitcoin from Febuary 2019 to Febuary 2020 and then compare it to Augusy 2020 to October 2021. I have done most of the hard work so you don't have too. I think Bitcoin is about to correct hard.
BITCOIN (BTC)
15 MINUTE TIME FRAME
SUPPORT TEST
Bitcoin away to test the support again, Here's hoping its breaks through and pushes onto £60.000 haha
Also it looks like its about to make a TRIPLE TOP PATTERN so we might get a down trend before it rises up above the support.
If you like my analysis give it a thumbs up.
If you have any questions please feel...
Im expecting price to drop further down because A break of Structure out the trendline has occurred, also note below on the RSI price has broken structure has well, however know this, im not giving any advice how to trade in this pair just sharing my thoughts on it only, so with that been said, Trade Wisely.
BITCOIN
1 HOUR TIME FRAME
LONG POSITION
Bitcoin looks like it is going to come down slightly before rising back up .
If you like my analysis give it a thumbs up.
If you have any questions please feel free to leave a comment below or send me a direct message.
SolarFX
BITCOIN (BTC) / GREAT BRITISH POUND (GBP)
1 WEEK TIME FRAME
LONG POSITION
What's your opinion on bitcoins support break through??
Do you think its on its way to £50.000??
Feel free to leave a comment below.
If you like my analysis give it a thumbs up.
SolarFX
Bitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
AUGUST 9th UPDATE
This is just quick update on my BTCGBP analysis from August 9th.
As you can see Bitcoins movement is going exactly as stated so hopefully it stays on track.
I will be doing updates on this charts movement.
If you want to see updates simply follow my page for more just like...
Bitcoin (BTC) / Great British Pound (GBP)
1D Time Frame
Bitcoin is looking bearish at the moment showing movement towards its support at 28k.
Once Bitcoin hits that support it should turn around and start heading bullish towards between 35k - 37k.
I will do a quick update on Friday 20th of Aug to do a quick brief on its movements.
If you like my analysis...
Bitcoin (BTC) / Great British Pound (GBP)
4H Time frame
GREEN ZONE
bullish towards 37k - 40k.
RED ZONE
Bearish towards between 30k - 28k.
I believe Bitcoin will continue to rise up with some minor falls but nothing major.
I will be of coarse doing weekly updates on its movements.
THIS IS NOT FINANCIAL ADVICE
The Crypto Planet
Bitcoin (BTC) / Great British Pound (GBP)
1D time frame.
Bitcoin looks bullish towards between £42k - £45k but then to my calculation will turn around and go in a bearish direction towards between £30k - £25k and then back to bullish.
Like the rest of my charts i will be doing follow ups on my analysists every couple days to either check on my chart predictions...
Bitcoin / Gbp
looking bullish towards £36000
Anyone got any thoughts or opinions about my idea?
please comment below.
feedback is always appreciated guys.
The Crypto Planet
