soon it will break the line and we will see a big bear or bull. It didn't touched 2 times the bottom, only once, but that was enough for climbing during 15 days, and the most important, holding near 4k. Looks bullish in 4h, but 1day, 1 week and 1month still clearly bearish market. with importants spikes of volume, and new futures contracts opened recently.
This will be a decisive day for the bitcoin market, I expect high volatility on that day, but uncertainty with the direction of the market. Only the Market makers will determine what is better for them, and we will stand by their choices.
There is a good feeling in the BTC community with the creation of bitcoin on 3rd of January:
On 3 January 2009, the bitcoin...
Getting some green candles, and exciting all the crypto and altcoin community. Pumps and dumps groups will return soon, and all the memes in Twitter, and all the trading charts with colors will back.
But now focus on the line. need to retest the parabola, it won't climb to 5k before retesting, and will be soon. I guess it need to touch 3400-3300 again.
It will create a double *top, as a fake pump. It depends, if it breaks hard it will move up. If not, will move down to 2.8K-2.6k fast and could be the real bottom.
It depends how the market will hold under 100B$ market cap. This green candle is thanks of the shorts. They still hungry, but less than before. Now is time to find the investors that want to buy and...
In my opinion, the last bottom wasn't the real bottom, it havn't retested, neither crossed 9k. If this continues like that, can retry the last bottom again, and create a W, or breake the bottom and going deep into 5k.
No news, still a lot development, but instead of focuse in 1000 coins, people are getting more involved into the ICO for the super high returns....
This is how it looks if the market cap goes to 300B.
In few weeks or maybe 10 days, let's see if part of the 4 trillion dollars lost in stock market appears in Bitcoin.
The reason?
Could be posible, because every 1B dollars that goes to the Cripto market, can jump +100% in few months if the market rises 1 trillion.
It is a very risk product, but the...
Cripto market, from the beginning, was moving x10 or x20 times faster than the traditional market.
Still recoverying fuell for start again the impulse, we havn't seen the bottom yet, as the volume is not big enough to create more HH and HL.
Stock markets fall hard, and part of this money can come to the criptomarket.
The reason is because still very cheap...
It was a good rebound from 6k, it can go even to 5.5k. The market makers (MM) haven't get in the game. Are they waiting for another drop?
In general, the second rebound is the big one. That is the second time that BTC tries to the bottom. Id depends how it develops, because now, who played in 6k, will take profits soon (before 9k), then will drop and let's see...
We have seen several bottoms last weeks, and all the time was finding a lower price. That is the first gain of volume, after all the sales in the market. BITFINEX:BTCUSD
Real bottom could be 5k
If breaks the Parabolic trend, will create in Fibbonacci the Support and Resistance.
The positive think is that the market is awake. This volume helps a lot,...
Using another exchanges, we can see how low volume has in south korea.
It helps that some echanges has increased the volume, but is not enough to jump and change the trend.
Let's wait 2 more weeks! Next month could be to accumulate and flat, and this summer could explode again.
As the golden standart (BTC) still in bearish mode, all the altcoins even Ethereum are following the trend.
BITFINEX:ETHUSD hadn't touched the bottom, as inmediatly people started buying it.
Be careful with this weekend. I expect another bottom (and hope the last one), as the bulls started fighting again.
I have published a buying zone, a selling zone, and...
LBRY is a free, open, and community-run digital marketplace.
Hollywood films, college lessons, amazing streamers.
Is a good project, with pretty low market cap.
The charts shows that if breaks the trend, has enough volume to rise.
Bullish divergence!
