After the recent successful analysis, which you can see the link to on the right side of this page, I am here with another new analysis.
Let me be honest. Bitcoin needs to break $99,500 to continue its upward movement. Otherwise, we expect Bitcoin to soon reach its last station, the $60,000-$65,000 range. This range is, in my personal opinion, the best range for buying Bitcoin heavily and taking profits in the third and fourth quarters.
On the four-hour time frame, we have two good liquidity levels that are likely to clear very soon. Overall, my view on Bitcoin is bearish in the short term and this view will not change until I see a break of $99,500.
In the next few days, we have important economic data such as the NFP. This data is likely to lead to a lot of volatility in the stock and crypto markets. So please be careful.
I hope you have benefited from this analysis.
Please support my newly established page.
Good luck, dear friends.
Let me be honest. Bitcoin needs to break $99,500 to continue its upward movement. Otherwise, we expect Bitcoin to soon reach its last station, the $60,000-$65,000 range. This range is, in my personal opinion, the best range for buying Bitcoin heavily and taking profits in the third and fourth quarters.
On the four-hour time frame, we have two good liquidity levels that are likely to clear very soon. Overall, my view on Bitcoin is bearish in the short term and this view will not change until I see a break of $99,500.
In the next few days, we have important economic data such as the NFP. This data is likely to lead to a lot of volatility in the stock and crypto markets. So please be careful.
I hope you have benefited from this analysis.
Please support my newly established page.
Good luck, dear friends.
Trade active
Liquidity has cleared below 81,500 and is currently supported at the 4-hour order block. Will this support hold? I expected the highs to gather before the lows are cleared, but it appears that the bears have gained more power than the bulls.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.