Weather to enter on a trade here at $11,500 is the current question. This zone is currently serving as resistance. If we break we can see higher prices before Bitcoin has to come down to cool off. If not then, $10,800 range could be our next bottom. What should I do?
Looks like $9,100 support my be history as we are heading into the teens
Looks like we are heading down more. I see us probably hitting $8,300 and bouncing back up from there. I doubt we are going back to $3,000.
$9,100 price range seems to be support for me. If it stays above this range I am buying more Bitcoin. Still appears in retrospect that holding and dollar cost averaging work well.
Bitcoin continues to amaze people with its huge candlesticks and its resilience. Bullish signs are lurking
Looks like Bitcoin has decoupled from the Alt Coins as it surges toward resistance at $10,500
It appears that Bitcoin has hit resistance at about 7,600. Hourly chart is flattening, we should see some action. The answer no know one knows up or down- Place your bets
I panic sold during the coronavirus outbreak and now I regret it. Now I see myself getting in and out trades at the high and lows to try and make up for the lost. Right now it seems Bitcoin doesn't want to go under $5,000. And currently $6,800 seems to be a new support.
I might have pulled the trigger too early. So I entered the trade again while monitoring closely this bounce. Hourly chart showing bullish signs. If it fails to stay above $6,000 Ill exit again and wait on the sidelines.
This virus has crashed all markets. I sold most of my Bitcoin.
Its obvious Covid-19 is responsible for this drop. We have now come down to our next support of about $7,600. However, we just started to reach oversold conditions, Thus if we are going to see a bounce it should be in this area. People could be selling also to cover a loss in other markets. Keep calm and Buy the dip is my motto.
An order on coinbase is set for 500 Bitcoins, this should move the price up further. I bought some more Satoshi's myself.
Bitcoin Breakout looks imminent on the hourly chart. Bullish signs continue despite RSI being close to overbought. Sometimes the RSI becomes irrelevant in the frenzy.
One hour chart looks ready to pop even though the RSI hourly looks close to overbought. By the way how far are we from Zero?-you keep waiting.
So far Technical analysis is showing that as long as we stay above $9,000, then the Bull Run is intact. We needed to come down and stabilize so why are you panic selling. Long term outlook looks good.
Looks like we are going to see a break out soon. Daily chart candle sticks look thin.
The fact is Bitcoin still here while people have been saying its dead since they put it on the internet- HODL. In Addition, Looks like resistance has become support as I mention previously. Last bottom was about $3,000 and I believe the next bottom was about $7,000. With governmental laws and taxes it's going to be a slower rise but nonetheless it appears we are...