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Bitcoinprce

Christmas Presents BTC/USD #Bitcoin $BTC #btcHello , here we see our Bitcoin weekly chart from Bitstamp with the long view ! All the way from 2012 to present market . And you can clearly see the channel we have been in with the black lines on top and bottom . During Bitcoin's last 2 Bullrun cycles it touched up to the top of that line at some point and there is no reason why it shouldn't do the same this time . Why ? Because this is a channel that has held for many years now - it's a long standing and strong indication of possible targets for Bitcoin price later this year - possibly in December 2021 . What are the possible targets ? Well if we touch up to that black line in early December where that pink X is we should actually be over $250000 per Bitcoin. A 250k or more Btc ! Not guaranteed obvioulsy , but it definitely would be a lovely Christmas present ! Have a great day everyone .
BITSTAMP:BTCUSD
by shimmeringpath
13
#Bitcoin #Btcusd When to go long or stop shorts ?(See also my 2 hour chart update) When to go long? Three choices on my 2 hour chart but also apply to 4 hour chart. They are all points which had great significance in my thinking to go short. Williams Fractals (50% $7,367.6 H =$8,120.2), (50% $7,037.3 H=$7,509.7), (50% $6,991.5 H=$7,189.0). I cancel all my thoughts about shorts with a stop $7,189.0. Review going long. Can always short again later. Those 3 points on the 2 hour chart would also apply to the 4 hour. Bollinger Bands also narrowed on 2 hour chart to indicate that a touch of the bands either way would signal direction of market (sometimes can be false and you need a strategy to deal with). It's already done that once on the 2 hour chart indicating a possible break higher. If it did that again or broke beyond the previous touch could use that as a closer stop. The 4 hour chart also has bands close enough that if price touched would indicate where price was heading next.
BITFINEX:BTCUSD
by UnknownUnicorn2181194