Potential Inversed Head & Shoulders pattern forming here.
I am expecting a nice pump for #Bitcoin coming in - look at that nice bought up accumulation! It literally got all soaked up! The demand for Bitcoin is noticably! China just waking up to start the pump?!
So Bitcoin finally is going for the BTC Futures Gap between 9900 and 9600 USD. A bit later than I expected (with the green line) but looks like its finally braking down for it to gain extreme bullish power!
It looks like we found support at our most important trendline of the past - I think can experience some more slightly down movement compared with an accumulation phase in the next days, but no bigger drop should be expected. BTC halving is around the corner, the stock market is on fire and the crash right in front of the door. Bitcoin will have it's time, and...
I think what we currently are seeing is a Bull trap, followed by a trendline retest @ 7.8 -8k USD after going back up! THoughts?
Possible breakout incoming, lets see if we break through the support and can keep there. MACD and RSI are looking promising!
BTD has bounced off Fib level .5 , maybe we find support from now on. If not, we may see 8k at Fib .61 level
Lets see where we go, but if BTC holds the trendline I think we may have found the rebounce point
If ADA breaks out a breakout is possible
A potential breakout is incoming, a potential way has been drawn
After watching the IOT/BTC price since yesterday evening I see some bullish movement after the bloody day caused by BTC