I took a 1x long here target could be 4000 (BB Top)
Wish You A Happy Merry Christmas Everyone! Things Are Not Looking Good In Long Term For BTC Possible Weekly Bearish Divergence Target Could Be 6400 Or More (I know BTC will go above 200ma 1 day if goes up to 6400+ but i expect a fake out) Reason of the target 6400= CME 1Hr Gap At 3400,6200,6400 Another Scenario Could Be= Touch 3400 (Red Box Zone Trendline...
XBTUSD Current Support: 13ema 1D 4 Hour 13ema Support Broken BB Bottom 1 Hour: 6600 1D: Bearish Div Pattern: Rising Channel Broken Previous Analysis:
BTC-USD Possible Next Move Could Be Bearish 3 Bearish Pattern: Dimond Top+Rising Channel 1 Bearish Indicator: RSI 1 Hour Bearish Divergence
Not Trying To Spread Panic But Bitcoin May Be Following This Classic Bubble Stages Chart. Want Your Opinion. Classic Bubble Chart Link: imgur.com
Well,After spreading soo much panic its time to spread some positive hope..Here is my analysis look how btc is following Gold (1980s) chart. All the best guys. Hope This Chart Says It All.