#BTC consolidating for the next push. It's not a given, though.
In a positive scenario we should be able to reach at least 11 000$. But the dump on halving is still possible. Lock some profits.
And enjoy the ride.
#BTC at a crucial point. Hedge.
We are at the channel's resistance. There is still some time/space until we reach the 200MA, but it is not a bad time to start hedging against a natural price drop, towards the lower levels of the channel.
A strong break above the 7300$ will turn the situation bullish.
#BTC rising wedge looking dangerous.
7300$ not yet a support. There might still be fuel for a move to/above 7800$, but you should not forget that nothing goes up in a straight line.
#BTC will soon correct.
I am still bullish, though.
#Bitcoin is still moving in the range. Nothing changed. We did dump yesterday and touched the support around 5800$ , but honestly shorts are way too high for a bug dump right now. As you all know $BTC has been manipulated by leverage exchanges a lot so more often than not they will go for the liquidations and stops hunt before any other major move.
#Bitcoin is going to attack 7000$ again.
Right now we are facing horizontal resistance, but if #BTC can push trough it another leg up will follow.
Last time we went above 7000$ it was only for a brief moment a the end of an explosive leg up. Now the more has more depth to it, even though he volume is rapidly falling. Buyers not convinced, yet.
Once the stock...