it seems we will get a re back to 7K area!! Huge breakout comingAs we have hit the testing area 5.6K, expecting bitcoin will go to 7K area soon.
i will in my next post inform why i think that.
Huge breakout expecting!
Do you want get private updates, sent me a pm.
expecting this huge breakout after we have hit the 5.6K area.
soon more info.
for more updates follow me.
Xbtusdt
FREE PRIVATE LONG TERM CHART BITCOIN!! 5600 EXPECTING!!And again exactly as said before since 6800, expecting target 6150-6400, we did hit it again! my next update !
for long term expecting bitcoin will breakdown to 5600 area. this depens on info and data that i have study.
corona become also more and more a problem in EU / usa countrys, there is also some trends, dont allow whales to invest for long term.
I will update soon more about it.
But know my private expecting for long term.
---> for private members, have 4 hour expecting ---> and also long term expecting.
If you want become private member just sent me a pm by chat.
# normaly my updates for long term come first on private members, after that to public.
Have good day!!
XBTUSD: Trying to roll back to roll back to $7000?XBTUSD is still pumping and doesn't look weak. Honestly it looks like its gonna fill the void to $7500 in couple of days (or maybe hours lol).
It seems risky to long it here, because by the end of the day it may turn out that it was just a deviation, like before (noted on chart).
But taking into account the increased positive and tether prints I'm looking for scalp long right now, will update target/entry later.
Information is just for educational purposes, never financial advice. Always do your own research.
as i said price reached 6000$ so what next ?HAPPY IRANIAN NEW YEAR "NOROZ"
Hello As I said, the price was reached 6000$
in next days or weeks we can see 4400$
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Dear Friends
Please note this is not a prophecy
Please trade with your science
trade on your own responsibly
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last change in short term btcusdIn my opinion, fundamentally, the price will be drastically higher when the anti corona virus is discovered
The price cannot go down because the mining companies will go bankrupt
It also seems to me that in the short term the price will reach the $ 6000$ channel once and then the downtrend will resume.
We are on way to recovery back 6800 usd target! dont be a panic.Dont be a panic sellers, know that this drop are beacase USA/corona effect.
## THere are now good buy effects, that the bitcoin will recovery back
- MTG Effct HIGH
- Whale effect high
- Data XTM market on good way.
Why was bitcoin made in 2008? satoshi nakamoto's did made this bitcoin for world crash as this, and when bank fall. so people have to use bitcoin, and now it looks all people get panic.. but i think they will get rekt soon. For a trader is good to sell and rebuy. you have a fomo, this is also a selling fomo..
( For a traders schould be no problem where the price are, beacase you buy low, and sell high).
-----> Bitcoin will get a recovery back, and schould get a recovery back to 6800 usd.
# Whale effect on ---------> bitcoin need to hit target 6800 usd.
# Have good time in this ..... Time.
If you like my pos, pleas give it a like, and follow me for more updates.
Thank you.
XBTUSD: Pullback timeDump is kinda over, at least for now. At Bitmex we have $3596 as bitcoin low, in total it lost ~ 54% in a one day.
Actually for me all this dump looks like a nonsense driven by a lot of panic and little common sense.
Have no position for now, just observing.
First resistance zone $5700-$5900
Information is just for educational purposes, never financial advice. Always do your own research.
bitcoin can Getting Started another rally...??If we can stay above EMA200 bitcoin can Getting Started another rally.
The market seems to be finally starting another rally after a few days of bearish and price retracement , provided that bitcoin can stay above EMA200 which performes as a resistance line.
Bears should not lose this resistance line because if lose this position We have to wait for price drop to 8000$ and 7600$.
DMI and ADX tells that sellers are'nt strong.
Don't forget stoploss to keep your fund safe.
Why BITCOIN Retraced to 50% Level | BOTTOM is in before halving?Key things to take away from this:
There is a Bullish ABCD pattern to $17,000.
Up Trend is on if $9,500 broken.
Down Trend is on if seller show up at $9,500
61.8% is at $8,000
Halving event is 65 days away.
Take it easy team.
See you on the next one.
~Bo Bugra
ridethepig | $16,000 In Play For BTC !!!As expected... an interesting day for BTC and other major Cryptos with risk under pressure once more from the latest Apple announcements. There is little to update on the fundamental side, with BTCUSD finding support at $9,500 as expected. Risk is likely to remain under pressure today so buying dips is and remains the strategy. A break of $10,000 will likely see further upside towards the $13,000 initial swing target as stops and momentum buying kicks in.
For those following the BTC swing from $6,600 it has been a very easy ride:
You will notice how the advance was clean as troops were marched towards the border:
Destroying the defence ...like a knife through hot butter:
CME Launch was superb news for BTC... we made it in the big leagues:
The question then became centred around seizing the breakout...
Before transferring the attack from a simple retrace towards an impulsive nature:
You will notice the momentum kicking in now, all dips will attract significantly more demand interest. Those in from the lows its time to sit back with a huge grin on your face. This has been a clean and simple ride with a flawless example of trading a +60% move...
I hope it has helped... Thanks guys.
Mimicking the last BTC run up to the bullrun
Fibs were placed on swing highs and just the golden pocket fibs are used. Long history of strong retracement/support zone.
Long term trending used to form the bottom of the parallel channel.
Ascending triangles showing a history of a continuation to the upside.
Blue bars copied from 2015-2017 in the parallel channel, before the breakout and parabolic movement.
If the pattern stays true, we will follow along the parallel channel for a while until we get another parabolic breakout. Don't expect a sudden burst to the upside soon; however, we may breakout of the parallel channel more quickly with the adoption of cryptocurrencies in banks/institutions and regulations being currently formed. This breakout will also be about the same time your local, friendly government will make it as simple as possible for the sheep to enter the market.
ridethepig | XBT Market Commentary 2020.02.13A quick short-term update here with another storm of risk coming our way for the weekend. This time it will damage the late crypto buyers with a correction. We have already had intense orders and impressive sizings seen in Tokyo and before the NY open.
A real risk of a healthy pullback as that ridge of high pressure from Coronavirus spillover effects enter into play once more. In any case this will be a buying opportunity and we will update the short-term flows as we go if there is enough interest.
In any case a good opportunity to take some longs off the table and those sharp enough can ride the profit taking in a -5% leg cooking to the downside. As usual thanks for keeping the support coming with likes, comments and etc!
Bitcoin ready for retest of $9,400 before move towards $11,000?NOTHING GOES UP IN A STRAIGHT LINE.
Wow, no shit Sherlock.
But what can we expect from Bitcoin? I think we’re in for some weeks of relative calm movements in which Bitcoin accumulates back again on a higher level, before it continues to move towards the next resistance.
The $10,000 couldn’t provide substantial support and the move is a bit overextended in my belief.
Through that I’m targeting the following levels as main long zones; $9,300 and $9,000. If these areas hold for support, then I’m thinking we’re going to see continuation to the upside, targeting $11,000 and $12,000.
I don’t think it would be bullish for the market if we drop below $9,000 as that would make a new lower low (the last higher low is sustained at $9,000).
So, there’s no reason to be bearish at all, retracements are healthy and should provide a nice buy the dip opportunity.