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Bitcoinforcasting

The Bitcoin ETF news will not generate new highs (for now)Bitcoin has one clear level to break, which is the resistance of 30k to 32k. I'm observing that more people are starting to become bullish on Bitcoin, especially now that there is bullish news coming out, regarding the ETF of the biggest crypto today. I do believe that it is too early to celebrate. As we can see on the chart, Bitcoin has already tried to break reisstance for the past 4 weeks. It failed to 4 times in a row and it looks like we're staring at the finaly rejection before the bigger correction. I am still bullish on Bitcoin and i'm not trying to spread FUD. Only for the short term, I expect Bitcoin to experience a correction.
BITSTAMP:BTCUSDShort
by FetchTeam
BitcoinSee my previous bitcoin analysis, I had warned about the fall of bitcoin And I believed that if the specified bitcoin box was broken, it should be accompanied in order to break the box. But to be honest, I get very little profit from the Short position, I hurried and got out of position a little early But do not rush now. The story of Bitcoin is not over yet, Bulls: There is a very strong support in the range of 40,000, Buyers considered this range as a price reduction so they don't let bears rest there even for an hour! The hypothetical ascending green line which drawn by doubling the broken ascending channel, could be a place to gather buyers together. Bears: The descending Red line which is strong enough to stimulus for selling thousands of bitcoins. The RES range which not as strong as SUP range! It is better to wait to see the outcome of the war of bears and bulls. When each group loses one of its pillars of power, we join the other group. Attention: pillars of bulls are the SNR and the ascending green line and the importance of the support level is much higher. Pillars of bears are the SNR and the descending red line and both have equal power. In my personal idea bulls are stronger but I prefer to wait.
by AliSignals
4
BTCUSD hourly watch - in a sh*tspot imo! TLTR: Short term rise before a fall to 7300 zone. ----------------------- I do not recommend buying here or selling here at current price.... ------------------------------- Observe fib zones Observe direction wait for a strong channel break I do not like this pattern LOL As many of you know I hold no bitcoin at this time. BUT...I will be observing zones 6300 - 7300 for a buy in once more. Price doesn't necessarily have to head all the way to 6300. The way I see it is..... the more people want it that way, the less likely it will happen. Overall, for those who missed an entry in Feb around 3300 could place their bets around 7300 for close to a 1/3 discount from the ATH of 20k zone. As many will view this as a zone where they can double their money from the most recent high of 13,800 if we dive deeper with a continued second drip....observers will be on the look out for a low of 6,400 - 7,300. I give or take $100 from either side. but should I dare say it will go lower in the future???....I don't know....but I do know many big buys jumped in around $1,800 .... and BTC is bedrock ^_^
BITSTAMP:BTCUSD
by AschraM
4