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Update: $BTC is Going Back to 7K! Here is Why...This my update from my latest BTC update (you can get it here: ). I wanted to do it in a higher time frame which is 4HR and before was 1HR. As the boxes is not relevant right now but the RSI level and 2 others indicators are looking pretty bullish sign at the very moment. Including the price action supporting so. There will be a 40:30:30 for my bullish:bearish:side way (ranging 6200 - 6600 in couple of days/weeks as this chart stay valid), at the moment I see that we might probably heading towards 7K because of the first is majority of the market really glad if we're doing so and there are a lot of positive sentiments lately that indicates and supporting this might happen. We'll see it at the end of this month by the way. Will re-asses my chart if it's get invalidated by bearish momentum, if we just break 6200 - 5800, it will be quite down ward for me. On top of all, the bearish sign coming actually from the market maker, which are having a lot of of this holding / fiat to moving the market up and down, and there are tendencies moving the market down. Even tho there are actually those market makers who can make the price going up, but they just don't want to risk it all since they also get beaten by another market makers probably, so it's better for them to watch from the sideline and waiting for the trend change. It's safer than betting against the market. It's already a month after our a dead cat bounce crawling from the bottom to the top of 7200-7400 and then dumped so well back to 6100 in a matter of second. This is what I'm defining as market makers (: So, trade safe! Support me by follow, likes and sharing this idea. Cheerio!
COINBASE:BTCUSD
by blockchaindedi
REALLY?! BTC BREAK THE LAST DOWN TRENDLINE!!Hello everybody! Last two days (even week) are been very bullish for Bitcoin! We have broken through the resistance after the resistance! Now there is the question mark, do the 'big guys' want's to lower the price little bit and jump on the board with all this bullish momentum! In the 1 day chart, You can see that this down trendline was almost the last correct down trendline and at the moment we manage to break through from that! If we continue climbing then I can see that the first resistance are around $8400-$8500 where is also Fibonacci retracement level 62%. Lately, the Bitcoin price has recognized it very well but let's see again I continue to break down this on the update section but at the moment this is pretty hard whales are here and whales playing with us a little game :) Also more than two months ago we touched the 200EMA and now the price is above 200EMA. Yes, the day is not over, the day is just started but still! $8.4k-$8.5k level is also this area where we will meet again over 4 months period with the 200MA so, let's see what this brings to us! At least some interesting times on the market again! To get updates - click the FOLLOW button and don't forget to LIKE, unless You don't appreciate it! ;) Thank You very much!
BITFINEX:BTCUSD
by VaidoVeek
68
BTC Falling Wedge Confirmed After I post A HnS BTC yesterday the price is go down now Someone Say that HnS must be in uptrend Crypto is Flexible man you know everything can happen Okay I will give you my anaylsis today 1. BTC form a Falling Wedge Pattern Falling Wedge My target from this pattern is 77-78 Look at Fibo X.618 and read theory fibo golden ratio 2. Bear Flag but how deep ? Bear Flag If The X.618 can't give good reversal next target of this bear flag is 74 But After All Bear We Have Bull in here 3. Bullish Divergence The RSI want to make Higher Low or Double Bottom and The Chart make lower low no matter what it is bull div Okay Its All From me Thanks for your visit Syaerulid
BITFINEX:BTCUSDLong
by nobodycanstopme
4