Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq 100, Dow 30, Russell 2000, U.S. Dollar Index, Bitcoin Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Bitcoin will go long after breakout and retest with pin bar above 50 fib levels. NOTE: This analysis involved technical analysis only no fundamental analysis involved.
I'm expecting Bitcoin Temporary selling since there is a break-up and pull back from below a Triangle. Also, it retraced toward 50 fib level which gives me the confidence to speculate the price movement and direction. NOTE: This is just technical analysis and I didn't consider fundamental Analysis.
It caused by inverse Head and Shoulders which lead to temporary pull back,...
Bitcoin is in a downtrend and falling to its support where it can bounce back or reach 6k as i showed in previous analysis.
Formation of H&S act as reversal pattern which will led to temporary bearish and bounce to support and go high....
It crossed down all triangles and creating bearish parrabola,...... Lets meet even 6k