#Bitcoin's velvet return - where the 1K+ adrenalin spikes ? for BITFINEX:BTCUSD by Felix000

trendanalysis chartpattern indicator btcusd btc_usd btcusdprice bitcoin bitcointrading crypto cryptocurrencies

#Bitcoin looking sweet. Have switched chart to log to please some peeps.

Comment:

I've updated and amended the coloured verticals along the MACD which will appear in my next posting. The idea is that for a green candlestick it's a red vertical if the bar goes lower. For a red candlestick its a green vertical if the bar goes higher.

Comment:

Wow. Bitcoin hanging around $8,894 an earlier in the year 50% Fib point. Wonder what it means. I've been experimenting with Fib cycles daily chart, and predict Bitcoin close above $10,320 by end Friday 27th April. Haven't back-tested idea, but if it works I'll publish it.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.