I publish a daily graph based on the major volume price from 2018 for SPX. Will we go to down to the support line? What about BTC?
Bitcoin have a volatile day, and now is in the center point of the tendency. The probable scenarios are A new breakout of 50K as a new support Break of 48500 as support to down I think that probably we continue to upside in BTC for this week as the last green week before to down.
After the last high down on BTC, probably now recover the 48K resistance to test it like a new resistance or a new support. This analysis is only for hours, it's needed to check the new tendency after hours.
DXY is recover with force after double tap in support. BTC same pattern but on the resistance.
Bitcoin reached a new max history price that now have a resistance to 50K and support to 48K and 47K. Additionally Bitcoin has a lot of news that made the Bitcoin price reached the 50K more speed that the previous analyzes and probably the daily tendency is changing to a new bearish tendency to 45K, 40K and 30K supports. Actually the price is in a bearish and...
Posible reset of BTC to 45K, 40K and 30K is posible. BTC reatched the max history price in the half of month with the same size of Junuary. This analysis is caused by: The BTCDOWNUSDT interest was increased with a record volume in the actual price range and the BTCUPUSDT was decreased in the max with high volume. The DXY probably start a bullshit career. ...
DXY is recover with force after double tap in bottom. BTC same pattern but on the top.
We probably have a correction to 43500 and 41900 before to reach the 50K target.