Bitcoin

By EXCAVO
Updated
Hi friends
After the incredible growth of Bitcoin , there was a correction, on which we earned.

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I never said that I’m a guru or a king or someone else. I don't like this pathos. I’m a man who looks like you and studies the market and I will dedicate this to my whole life. By this, I’m always glad to see your comments and personal messages.

In this post I will talk about Bitcoin and potential movements of the situation.
We have several serious levels of support - the yellow zones
I also showed two trend lines , they are also support lines from which we can continue to grow.
D1
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H4
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I follow not only the Chart, also the activity of people and a special hype among the community is missing, I saw a great surprise and shock from this crazy growth.
From the point of view of fundamental analysis , hype around Facebook and Libra pushed the price and understanding of many people that an influx of new people and new money will come to cryptocurrency.
I believe in it too

This is the beginning of a big bull market as I said in my post and I have a lot of arguments to market grow


Bitcoin started the next bull cycle


Psychological aspect
Bitcoin LOGISTIC CURVE



A falling wedge was formed locally. This is a reverse figure that should work upwards, and then there are, as always, two options to continue to grow or even test the lower trend line and then start to grow
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Touched support line
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Break down support line but still in support horizontal zone
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I want to show you scenario where we go lower
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Bitcoin (Cryptocurrency)BTCBTCUSDbtcusdlongBTCUSDTChart PatternsexcavoexcavosignalsTechnical IndicatorsTrend Analysis
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