John_BitcoinGroup

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Last visit Joined 2 years ago Australia
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John_BitcoinGroup John_BitcoinGroup BTCUSD, 60, 2 years ago
BTCUSD: BTC/USD Direction Coming Soon
99 0 0
BTCUSD, 60
BTC/USD Direction Coming Soon
There has still been no clear retracement of the past week’s bullish movements, with the price having bounced back into the $267 - $285 range. It is likely that a correction and the direction of the trend will be decided very soon. The $267 level is the clearest indicator, staying below it will most likely mean ...
John_BitcoinGroup John_BitcoinGroup BTCUSD, D, 2 years ago
BTCUSD: BTC/USD Gaining Potential
341 1 2
BTCUSD, D
BTC/USD Gaining Potential
The price has successfully stayed above the long term bearish trend line after having broken it late last week. This isn’t enough to signal a reversal to a bullish trend, but it does show a further weakening of downward pressure. Currently the price is above the 38.2% retracement, with resistance around the $278 ...
John_BitcoinGroup John_BitcoinGroup BTCUSD, 60, 2 years ago
BTCUSD: BTC/USD Back Below 243
355 3 3
BTCUSD, 60
BTC/USD Back Below 243
Since the move down from $268 to $228 last week, the $232 level has remained the lowest support level. The $243 level in not only the 38.2% retracement level of last week’s drop, but also a main support/resistance level of the past month and the point that the price has struggled to stay above for the past ...
John_BitcoinGroup John_BitcoinGroup BTCUSD, 720, 2 years ago
BTCUSD: BTC/USD Fails to Sustain Rally
462 0 1
BTCUSD, 720
BTC/USD Fails to Sustain Rally
The price has failed to break past the 38.2% retracement level of the move down from $450 to $152 of the past 3 months. Late January saw a short lived break that reached the 50% retracement level, before a subsequent drop down to the 23.6% level where it has stayed for much of February. Currently the price is ...
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