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Hi everyone! Yesterday Bitcoin finally broke out of it's trading range and we are most likely to get a daily close in the $6700 ranges. That means we are bullish for now, but where are our targets? When tracking back the previous upwards retracements after the $6k bottom had been retested, we always retraced to the golden ratio Fibonacci level before continuing...
Hello everyone! Wow what a bear move! A quick reminder from the market that this bearish period is far from over. Before reaching the trendline at $7500 price got rejected at this green resistance area. My assumption was a retracement back to the $7000 levels, thus having the chart form a higher low, but BTC broke through all support levels and is now being...
Dear fellow TradingViewers! Here's a a quick overview on Bitcoin's recent price development. On this daily chart we can see Bitcoin's rally upwards from the past several days. Right now we are heading right into this next big resistance after breaking through the previous ones at around $6800 and $7000. As of now the...