BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go . GO/BTC long term wiev 1. target sat. 2. target sat. GOBTC created a double bottom, and now the price is testing the daily resistance. IF the price will have a daily close above daily resistance, According to Plancton's strategy (check our Academy), we can set .
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It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system. Remember you heard it here first! The infamous "Then they fight you" phase started!
Merry Christmas. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon.
Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot. This is despite whatever excuse for why that cannot happen now. This is This is not investment advice. This is for educational and entertainment purposes only.
I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk. Weekly Chart Analysis - Taking a look Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. If you like the idea, do not forget to support with a like and follow. This Christmas pattern is just for fun but at the same time may be relevant to the current situation.
The infamous "Then they fight you" phase started! Merry Christmas. Hi Everyone! Merry Christmas! It's not a bad idea to have another window up with the 3h, 6h and 12h time frames as well. What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture..
However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support.. Yesterday BTC aims towards local support orange line.
After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect This is a quick short-term update on Bitcoin.
The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous Hi, Welcome to this analysis about Bitcoin, we are looking at the minute timeframe perspective. Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times,