# Bitcoin Trend analysis on Weekly Time frame If BTC does not recover from current levels then we can see 12700 Level If BTC start recovering then we can see 50000
BITCOIN BASE ON MY T.A.. FORMING ASCENDING PATTERN DAILY TF ALSO FORMING A FALLING WEDGE MACD and RSI is Bullish Divergence For Bullish Bias of Bitcoin Bulls need to break the 40k support/resistance Level to Confirm the Upside Breakout. Thats is a .618 fibb ret. Please like my idea!!!! Support & Subscribe for More ideas like this please share your...
Bulls and bears welcome ! Just a new updated reference to those who wanted a chart since 2013. The mining block reward on bitcoin cuts 50 percent every 4 years. 50 to 25 Block reward 2012 25 to 12.5 block reward 2016 12.5 to 6.25 block reward 2020 I am not a financial adviser. This is a long term chart of bitcoin, I included include the 2014-2015 bear...
Just a short quick update 1. Breaking the falling resistance at 3.850$ is a bullish sign 2. The higher low at 3.350$ is a bullish sign 3. First higher high at 4.150$ is bullish sign Please pay attention and consider it in context. Since November the price lost over 3.000$. Every little reaction rally created a lower high. We didn´t test the low of december to...
This idea is based on Masterluc famous chart. My trendlines are a bit different but we can see many correlation in price movements. At the moment we are in a support zone formed by the MA50,the ascending trendline and 461.80% of the huge fibonacci retracement. I drawn just three of the infinite possible move. The bearish one has correlation with the bearish...