We bounced in the trendline, but now we have a resistance at 7000 dollars. Volumes seems too low for a real reversal...
A dramatic fall for Gold until the old Fibonacci's resistance
Bitcoin has reached the cent of the area of resistance as expected in recent days. Volumes slightly greater, but still nothing able to hit my attention.
This is my BTC/USD forecast for the next months. In crypto we know that timing may vary a lot faster than forex markets. Anyhow I see those final low target for the bear market: 30% = 6000 $ AREA . DOUBLE BOTTOM AND REVERSAL 65% = 4970 $ AREA. MAGNETIC MEGASUPPORT REVERSAL WITH VARIOUS CONFLUENCES. 3% = 3000 $ AREA. I cannot think at anything lower also because...
BTC short after bouncing in an important trendline.
Bitcoin is pulling back from the major trendline. I am not worried because of the incredibly huge buying volume at 6000 USD. I expect one last leg down, then we should finally breake the major trandline and fly high in the sky! Let's see. HODL
TRX/BTC TRENDLINE BROKEN. BUY!
S&P 500 FINAL TARGET OF THE MAJOR CYCLE
BTC/USD FIBONACCI EXTENSIONS AREAS
The trendline is broken. Let's see how will close this candle. BTC will need to go higher than the 50 Moving Average in order to fly back to 4990 area. We need more volume.
Trendline broken. Let's fly!!!
Until this trendline resist, we are still in a very bullish major long trend. If it breake it, we will go down until the lower trendline, which is still bullish. In the unlikely event that BTC would breake also the second trendline, the slowest and lower trendline would be at 2000. At the moment I am still bullish in medium term. Which is your price forecast after...