In the near future (1-2 month) we will work out the red cloud of the monthly timeframe, which will bring the price to 0.5 (25k) or 0.618 (~23.9k) fibo level of the last ascending impulse.
from where it will be possible to form the next ascending impulse.
Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart .
BTC is trading around $61.300 the support is 100ma and $60000 and resistances level is $63000.
I thing the price cam pump fore here .
If its breaks the $60000 support level then the chart will be invalid.
Sorry for my English it is not my native...
Welcome to this quick btc /usdt analysis.
I have tried my best to bring the best possible outcome in this chart .
BTC broke out the 63000$ resistances level and retesting it or more resistance s level are 21ma , 60000$ , 58000$.
I thing the price cam pump fore here .
if its breaks the 63000$ or 21ma then the chart will be invalid.
Sorry for my English it is...
BTC is performing a huge inverse HEAD & Shoulder pattern in 1D time frame. According to my previous analysis BTC has been unable to broken a very important resistance line. However this inverse H&S pattern will be perform well that resistance can be broken easily and we can see a huge pump in BTC within few weeks. So traders very carefully about this trend line...
First of all : I see 3 cases in BTC :
1)BTC is doing a V correction and is going to the upside and will mark a top in the 72-85k price range and after that a correction of about 40-50% will likely happen based on historical runs of 2013 and 2017 where BTC has crashed at a steep pace after marking its top and retracement back to about 70% or (in fib 70.2) where...
Two important news on the stock exchange Bitfinex
1. Bitfinex removed deposit restrictions, which used to be $ 10,000. Looks like someone is preparing for a bullran?
That's interesting ...
2. Today closed 20% of short positions
See my idea about trading on stock tokens. There is a certain strategy.
Decentralized exchanges and hand-to-hand sales cant give full picture of crypto business. But do similar exercise just for "FUN", can find something what reflects market feeling about BTC.
This is weekly chart, and 11-18 Dec was triumph of BTC, with over 20,000$ for 1. How many thousands people bought it there,?, how many sold.? But after that BTC go down,.
"This...
