ChartAddicts

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*We needed to make sure there wasn't a fake-out on the daily, which we have seen. This bearishness can confluence a larger downtrend move. We need to see tomorrow's daily candle closure.* Daily: Bitcoin had a very strong bearish closure, rejecting at the fair-value (50%) of our current higher time-frame market trend. We could be seeing a fake-out as I said...

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*As I said yesterday we entered an area of speculation and choppiness. Which was seen on the intraday and by our daily doji closure. We need to see tomorrow's closure to confirm there isn't a fake-out occurring.* Daily: Bitcoin closed as a doji showing indecision at a speculative period in the market. This was expected as I said yesterday. We saw an...

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*We are entering an area of indecision, the markets may become choppy but I also expect an increase in volatility to occur. Tread carefully* Daily: We have closed bullish once again, maintaining structure and staying above major support at $40,500. We should see continuous moves higher from here and I will look to enter from any pullbacks based on our...

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*We should continue higher from here, looking to go long from any pullbacks as long as we can maintain good structure above $40,500.* Daily: Bitcoin had a massive recovery today liquidating buyers and trigger shorts before reversing 2,500 pips on the day. We are now trading above the major support level of $40,500 once again. This is the kind of structure...

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*We had another strong bearish closing, I will watch price reactions from our original buy level of $39,750. If we can build more bullish structure I'll look to buy again.* Daily: Bitcoin had a strong bearish closure today. We have now retested support at our entry of $39,750. We are continuing to build structure at these levels and this week is very important...

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*We caught 1,500 pips on longs before reversing back to our entry of $39,750. I believe we are solidifying support but I will look to buy from higher levels to make sure we see good price action first.* Daily: Bitcoin had a strong bearish closure engulfing our previous bullish candle on the daily. We have now retested our original swing entry level of...

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*I am bullish above $40,500. If we see any minor pullbacks, they may serve as good entries for longs. I expect more volatility to end the week.* Daily: Bitcoin closed bullish once again and we are now trading above major support at $40,500. We could see a higher low formed from these levels that could push price back up towards our next support level of $45,500....

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Daily: Bitcoin closed as an inverted bullish hammer. We are currently building structure at a break or bounce level. If we break lower it is likely we will test the lower teal trend line, if we can continue higher, we will most likely see a strong and volatile recovery. This is an important level for Bitcoin’s future overall, those breaks lower will leave...

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*We have seen a break of our trend line, Bitcoin will need to have a strong recovery soon or we will trade lower.* Daily: Bitcoin closed bearish once again dropping 3,000 pips on the day. If we do not see a strong recovery soon, it’s likely we will go lower and test the lower teal trendline. We are currently trading under the major support level of $40,500...

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*Better structure is being created, this week should be volatile and it looks like we are forming a descending channel on the intraday.* Daily: Bitcoin closed as a bearish hammer today and we are forming a minor descending channel on the intraday. We had a weekly closure tonight as well, which was a strong bullish closure dropping about 5,000 pips last...

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*One of the slowest days of the year, usually indicative of a large moving coming relatively soon. I am currently neutral in my bias.* Daily: Bitcoin is building short term structure on the daily and we should see a continuation towards $40,500 within the next week or so. We closed bullish today but there was very little volume in the markets. We are currently...

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*We are approaching potential break or buy scenario* Daily: Bitcoin had another strong bearish closing and we have now broken under major support at $45,500. It is likely we will retest $40,500 and we should continue to see volatile moves lower before real structure is made. I will look for potential short opportunities since we have now entered what looks...

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*Neutral on my position until we see more structure being made. Breaks below recent lows will make me bearish on HTF.* Daily: Bitcoin had a massive bearish closure and slowed the momentum we were building. Our swing trade captured 1,900 of the 2,700 pips expected before reversing. We closed below $40,500 and could see more bearish pressure from here. There...

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*We still have bigger moves coming this week, current members are up ~1,000 pips on swings from $45,250.* Daily: Bitcoin had a healthy bullish closure after testing support at $40,500. We have been building great structure over the weekend and as I said on Sunday, we have seen more volatility enter the market. Our next major resistance level is still...

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Daily: Bitcoin closed bullish but we are still in a consolidation. Our candle body closure was almost exactly the same as yesterday. We are still building good structure from our current levels and I may begin to look for buys from any minor pullbacks under our major support level of $45,500. Above our recent highs at $47,500, we should see quick moves...

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Daily: Bitcoin closed as a bearish hammer. We are currently building structure on the daily from major support at $40,500. It is the weekend so we should continue to see this structure being built into tomorrow night. After that, we can begin to look for swing positions on the intraday. There is a bearish CME-gap that was wick filled on the daily, this...

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Daily: Bitcoin closed bearish and we saw the downside pressure we expected from yesterday. Bitcoin has now tested our major support level of $40,500 and we should see a continuation higher from here. I will look for continued structure to be made on the intraday throughout tomorrow and the weekend so that we can determine good potential entries for longs....

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Daily: Bitcoin closed bearish and it looks as though we may begin to start building structure from these levels on higher time frames. I am bullish through the med-term and will look for more buys once we build strong support. I expect more downside pressure to occur to finish the week off and we’ll need to wait for that to happen before determining high...