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Btc-usdt

₿ Bitcoin Struggles For Gains ₿₿ Bitcoin Struggles For Gains ₿ As can be seen, Bitcoin has once again rocketed upwards today in an attempt to rise once more. ₿ However, the chances of upside as well as downside are very much aligned at the current moment. ₿ I don't think that with the current negative sentiment we will find the strength for the increases. ₿ But there are also no takers for selling Bitcoin at 16k area. ₿ Everything will turn out in the coming weeks. ₿ The technical situation does not support any side either. We are still below the 50 and 200 moving averages and the MACD and RSI are not unanimously expressing strong support for either side. ₿ The scenario I am currently playing out is to wait for some significant reaction to either side. If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
6
₿ Bitcoin Chooses South ₿ ₿ Bitcoin Chooses South ₿ ₿ As I perfectly predicted in a previous post the future direction of Bitcoin: ₿ Yes and this time I come to you with an update of my perspective ₿ In which not much changes. ₿ The support and resistance zone remains in the same place ₿ Target is around the support zone. ₿ Technical environments such as the 50 and 200 period moving average MACD and RSI are slowly moving to the pro-declining side. ₿ Looking at the size of the current candle compared to last candle, a continuation of the downward movement can be expected in the future. ₿ The scenario I'm playing out is a continuation of declines to the vicinity of support zone levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ *Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
3
₿ Bitcoin Will It Attack The Declines Again? ₿₿ Bitcoin Will It Attack The Declines Again? ₿ Bitcoin is failing to find enough strength to rise for another day in a row. ₿ We are now more than 1 day into the accumulation. ₿ And all indications are that bitcoin will once again look to attack recent lows. ₿ The technical environment such as the MACD and the RSI support the downward perspective ₿ It looks like we can expect a big fight at current levels as no move is certain. ₿ But if I had to choose I would be tempted by the downward scenario. ₿ The scenario I am playing out is a continuation of the declines, but with an emphasis on the fact that anything can happen at current levels. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
9
₿ Bitcoin Moment Of Decision ₿₿ Bitcoin Moment Of Decision ₿ After yesterday's perfectly timed price slide downwards: ₿ There was an upward breakout, in last post I wrote about the possibility of a strong reaction from around those levels. ₿ The reaction has occurred and we have currently entered a sideways trend. ₿ Everyone is waiting for the move that is yet to come and will give direction for Bitcoin for the next few weeks. ₿ There are two possible paths. ₿ The first is that we break through the resistance zone and fly upwards. ₿ The second option is that we break through the support zone and attack the recent lows again. ₿ The scenario I am currently playing out is to wait for some decisive movement and then join in. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
by InvestMate
14
₿ Bitcoin Lacks Strength For Growth ₿₿ Bitcoin Lacks Strength For Growth ₿ Bitcoin has found support in recent days at 0.618 of the entire upward wave from the bottom. ₿ But what concerns me is the lack of any reaction. ₿ This accumulation more heralds, for me, a continuation of the declines than of the increases. ₿ There is one more strong support zone ahead of us near 16k, maybe only landing there will trigger some reaction. ₿ Looking at the MACD and RSI I do not see any strength for the continuation of the upward movement at the current moment. ₿ The scenario I am playing out is to expect declines to the support zone marked on the chart. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Short
by InvestMate
1
InvestMate|Bitcoin At Important Support Zone ₿ ₿ Bitcoin At Important Support Zone ₿ As we can see, Bitcoin in recent days has scored a slide from the $18200 level to currently 17k ₿ We have rebounded from the resistance zone set previously. ₿ And we have landed on the support zone I also previously delineated ₿ Looking at the fundamental and technical environment, it looks like bitcoin could stay around 17k for a while and then we will see a rebound upwards. ₿ It doesn't look to me like it's going to fall even lower, but I'm not ruling out any option. ₿ The scenario I am playing out is to wait for some strong reaction from buyers to join the next upward movement. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. 🚀If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile.🚀
Long
by InvestMate
7