Hi to all I am by no means a financial advisor. This is me sharing my observation with you concerning the bear ride of Bitcoin. Looking at the red cloud along with the three moving averages 50 MA yellow, 100 MA green, & 200 MA lines show price still below all three lines. The RSI at the bottom with the blue lines shows that Bitcoin is half way to the bottom...
BTT had a good run from my observation. I would sell if I held and wait on it to continue fall down looking at the RSI.
I am by no means a financial advisor; but with a little TA and Visual Artistry with Symmetry drawing on the graph of the 50 MA (Yellow), 100 MA ( Red), 200 MA (blue). I predict bitcoin to reach it's bottom and turn around by September this year.
Here is my chart.
Looking at The Ichimoku indicator along with The rsi indicator and the momentum indicator all I can say is that bitcoin isn't no where near it's bottom. As time go by come back here 3 weeks from now and click the play button on the chart and it will update to which direction it's going which is further down.
I been tracking bitcoin for the past months. I have come to the conclusion that it is in a healthy bear drop moving on into March-May. I predict it to be at $1200 which I assume is the real bottom of it.
Based on my opinion from my analysis; I predict bitcoins bottom to be around $1,200 something dollars. I am by no means a financial advisor.
Ethereum is heading down in the next four hours.
I decided to look at the ichimoku. Looking at the Bear cloud thats read and the Chikou span below prices and ranging in prices lets me know we are in bearish territory. The TK crosses also confirms this long bear trend. I think I like this indicator over the others more so. But I will continue to track through both. I am by no means a financial advisor.
My opinion on bitcoin although I am not a financial advisor: Bitcoin will continue to move sideways until july 14, 2019. Then it will drop again close to $1754.11 It will move sideways again until November 30, 2019 Then it will drop again close to $886.84. Then it will move sideways September 29, 2019. Getting ready for a another healthy trend. Forecast...
Simply put I'm using 5 or more indicators along with my artist eye to tell you that bitcoin isn't at the bottom yet. I am by no means a financial advisor.
I am by no means a financial advisor but from my research keeping it simple. Bitcoin isn't at its bottom yet.
I by no means am a financial advisor but from my studies XRP is on a bear drop.
Tron is doing a tremendous job it's doing a bull run despite the bear drop that Bitcoin is doing right now. I'm focusing on it; although I am not a financial advisor.
So far I have been right it is not at the bottom yet. Although by no means am I a financial advisor!!!! COINBASE:BTCUSD
Bitcoin is doing what it is suppose to do based off what i'm looking at. I feel bitcoin will drop once more around July 6, 2019, and find support around August 26, 2019 @ $2440.79
I posted a week ago about what I thought bitcoin would do this year. So far it is doing exactly what I thought it would do.
I think bitcoin will continue to move sideways until September 22, 2019. I feel it will drop again but find real support around $17,500 sum USD. Then It will continue to move sideways getting ready for the next accumalation phase some time in December the end of this year before it starts another Healthy trend like it has been doing over the past years.