Let the bullet fly a while, when the total market value of digitLast Friday, the total market value of China's BYD exceeded one trillion yuan and became a hot search on Weibo. I wonder if the total market value of digital currency fell below one trillion yuan today, but whether anyone can pay attention to it.
Since last year, I have been warning of the risk, when the weekly top deviation was formed, I published an article, if you see any friends should remember. At the time, I thought bitcoin's adjustment target, at least weekly, support should be around ma144. What happened later, everyone knows, not much to repeat. But after bitcoin fell to ma144, there was not a real bottom, and the rebound was delayed.So now everyone is confused.To be honest, Bitcoin has no fundamentals to support it, and it is impossible to support prices by faith alone.So what we can refer to is only a few historical trends. Looking back at the past several so-called bear markets, at least three can be a reference, 2015 and 2018 and 2020, in the early days because there are not enough moving averages, can not reference. In these three adjustments, each time is below ma144, shock finishing, complete the bottom.If we believe history will repeat, now may be the bottom of a bear market.Of course, digital currencies are not stocks, so their volatility can be very large, even if a weak rebound, often at 20%, often mistook us for a reversal. From the daily trend, there are the conditions for the bottom deviation, so there may soon be a strong rebound, but I don't think the left trade is a reasonable choice.Although I was criticized for being too conservative, in a highly speculative market, I wanted to choose the right in a point.That is to start with the bottom departure. Let the bullet fly for a while, no hurry.
Xbt
BTC Bullish Piercing + Harmonic PatternsThis is a bullish piercing pattern:
And we also have a bullish harmonic pattern, green on the above chart.
These signals are pointing to higher prices.
This one can be invalidated if XBTUSD 4H breaks and closes below the last low.
More details on the chart.
Namaste.
Bitcoin Remains Strong | Triple Up!Our support still remains intact with all trading above $27,500 being bullish for us.
For this reason we wait patiently for prices to grow.
Only if support breaks, $27,500 short-term followed by $25,300, we can say the bears will continue lower...
For now, the weak hands are being removed one by one.
Double down?
Triple up!
Namaste.
Bitcoin | Be Ready Bulls..!!
#BTC/USD (Update)
Bitcoin is Forming Descending Broadening Wedge Pattern..
Bitcoin has been Consolidation Between 28-32k Range from last 30 Days.
For Bullish Momentum, Bitcoin Bulls need to Reclaim the 32k Resistance.
If Bulls lost the 28k Support, Bitcoin Might Revisit the 24k Support Area. (Another Lower Low)
In BITCOIN CME Chart, There is a Unfilled CME gap at 36K as well..
According to Classical Bump and Run Reversal (BARR) Formation, If Trendline Got Cleared, We Can see a +30-40% pump in Coming Days.
Potential Wyckoff ACCUMULATION..
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Thanks for Your Love & Support..!!
Bitcoin Short-Term (Full 10X Lev. Trade Inside)We are active with leverage on the XBTUSD trading pair; Bitcoin.
This chart continues to support a bullish move, why?
Because prices remain trading within a higher low compared to 12-May.
Because prices are now above all the EMAs.
The RSI is strong...
This favor the bulls.
There is always risk involved though, so make sure to plan before trading.
Bitcoin 10X Leveraged Trade (218% Potential Profits)
Feel free to LIKE and SHARE for more.
Namaste.
Disclaimer: This is not financial advice.
Bitcoin | Testing the Patience of Bulls..!!
#BTC (update)
Bitcoin has been consolidating Between 28-32k S/R Range from last 30 Days..
Bulls Have been Defending the Crucial Support but Failing to Reclaim the 31,800 Resistance as well.
For Bullish Momentum , Bitcoin Bulls Need to reclaim the Multi-Months Trendline Resistance to Confirm the Breakout.
If Trendline Resistance got Cleared, Expecting 30-40% Massive Bullish Wave in Coming days So Be Ready Bulls.
In Worst Scenario, If Bitcoin Lost the 28k Support, then Expecting Another Lower Low (Bitcoin Might Retest the 24k Support)
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
Bitcoin Long View ( $19000 Bottom and $200k Top )#BItcoin Long Term View Chart:-
- #BTC HTF H&S Pattern Already Broke Down
- Must Need to Retest at $36k-$37k Level
- Bear Target Still $19800 Because H&S Breakout (-45% )
- Long Term I am always Bullish
- Long Term TL Support = $15000+
- Long Term TP= $200k
BTC/USD#BTCUSD
Since May 10, Bitcoin has been accumulating. However, the breakdown will happen soon. One of the best investment tools in deflation, which will have an upward trend similar to 2008, is Bitcoin. Fibo GP is expected after the closing of the GAP after exiting the offer box. Although a gravestone doji per week is a sign of decline, let's see what it shows next week since we hit the bottom. Although having a gravestone doji per week is a sign of decline, let's see what it shows next week, since we are at the bottom.
*Please share your opinion on it, write in the comments. Dont forget some cheers bravo. "
Teşekkürler.
BTC time to breakout? BTC is ready for the breakout in 4H timeframe.
I don't know is it a true breakout or just fake, But it's a good spot to open long with a risk ratio 1:5
I will pray for all people who lost money in LUNA and UST to have a chance to recover their balance on market. In a fair fight.
Thanks,
V.
Bitcoin Next 30% Pump and Again Ready to -45% Dump.. but Why. ?
#Bitcoin Long Term View:-
$BTC currently trading at $30600
As I told You BTC may bounce from $25000-$26000 level and happened same.
According to chart BTC high time frmae Head & Shoulder Pattern Broke out and Now waiting for Retest level.
Now Retest level is $37000
Ao I am expecting Bitcoin 30% upward move from here before next leg down.
After hit $37000 we again enter in bearish side.
And My Target will be $15000-$19500
As per chart On The Top Head & Shoulder Hight is -45% down level.
So After breakout this another-45% is around $19000
So keep an mind this level and I also update everything time to time.
Thank you for you support.