Bitcoin retracement Buy opportunity

Bitcoin is still consolidating around level 8200$ (7000€ area).

Based on the 4H timeframe we see an MACD divergence that has formed.

Bitcoin bulls try to keep on pushing up yet a decent retrace to level 7500$ (6600€) or 7200$ (6300€) (area lower ascending trading channel Trendline ) or at least further consolidation around 8200$ (7000€) area into the next day or 2 would be a logic outcome based on our technical analysis .

Considering bitcoin 's history we can expect, in the event of a pullback, a quick recovery.

Any pullback forming in the next few days before the weekend is an excellent buying opportunity.

Position yourself for the climb to 10K+

trade safe,

Trade at your own risk
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out