ModernMillennial

ModernMillennial

Hello, This is how I predict Bitcoins price action will look like with the launch of the $BTC ETF. Cheers!

ModernMillennial

BTC analysis for the rest of the bull run

ModernMillennial Updated 

Trend line analysis along with FIB retrenchments

ModernMillennial Updated 

BTC created a smaller wedge within the ascending triangle and broke out and is now holding the upper trend line of the smaller wedge to the top of the triangle. There is also a head and shoulders patter which has been a good counter-trade in the past with a fake-out to the upside then down. I am long from 9K and taking some off at the top of the triangle "9380"...

ModernMillennial

Heading TO 9,800 AND BEYOND! Stops at 8,875.

ModernMillennial

Bitcoin Weekly close after break under 8200 will be confirmation of drop to Support at 7600 then lower to 6,800 both of which I am a buyer. Also Ethereum should follow the same path down to support at 248,242,234,225. All of which I will be adding a little to my bag.

ModernMillennial

Looks like this bad boy doesn't want to breakout just yet based on the double rejection on the top of the 4H resistance range. Close under 8100 and we could be looking at new lows near 7K.

ModernMillennial Updated 

Higher lows and a constant rejection zone has #bitcoin looking to breakout to the upside.

ModernMillennial

BTC up against the top of the channel.. could go either way.. bulls need to break through and bears need to hold.