Maybe, I am a pessimist. I always see BTC is FALLING :D
I my last idea about BTC, when it is Rising from $62K, I see BTC backs to Fibonacci 0.5 at to $53,300? Even lower?
Now, when BTC touches Fibo level 1 ($57,775) and rising a little again in 2 days, I still think it will break this level and FALL to Fibo level 1.618 ($50,837).
Why?
- When BTC touches...
Buying BTC at this levels will be a smart idea .
50 EMA moving average is a big line of support for BTC.
The price must bounce from this Level and rally to $70k+
Once we break that from $61.8K level in weekly BTC could break $70k easily.
All we need is more volume .
time to open Long position , NOT more than 5X margin
CAUTION: DO Not Trade More Than 5 % of your...
BTC broke out
retesting the $61.8k
support the lower support levels are $61.8k and $60.8k
Buying BTC on these levels will be a smart idea .
The price must bounce from any of these three Level's and rally to $70k+
Once we break that from $60.8K - $61.8k - $64.8k level in weekly BTC could break $70.8k easily.
All we need is more volume .
CAUTION:- It...
Listening to other analysis and looking at the world as a whole BTC is set to rise is my understanding and extrapolating and using averages leans towards my projection.
I am new to this, but lets see.
Intraday...long position as long as 53924 remains support level
With targets 57300 ,58250,59340 and beyond in extension
Pivot point 55424
Expect short position at 59340
It looks like we are ready to complete a Wyckoff distribution n the mid-term.
As mentioned in previous publications the bull run after the last halving should finish by March 2022. According to this, we should see some more distribution before a retracement nearby the end of Q4.
BTC must look for a new ATH and have the usual crash as the bull run will come to an...
