Bitcoin Forecast update . Last week we posted a pending breakout Bitcoin trade which was triggered and has hit the the 50 FIB level +1200 monkey nuts
Those that have been trading as long as us will know that this is text book of a Bearish chart .
A Surge of new money a surge of new dreamers .
Is Bitcoin turning bullish back to the dizzy hits of past NO
Hi Guys i know the market is very boring but please be careful bitcoin is very dangerous right Now. anyway the chart have 5 Support On 4 hours. Ema 21 , 50 , 100 , 200 and cuve since 21 december. each one speaking negative about BTc and i am tell you bitcoin is going to visit 4200$ at this time we can break out from resistance.
(flower bitcoin i gonna open soon ).
As can be seen in the graph above, the Japanese candles rose above the Ichimoku clouds, What Does the Ichimoku Cloud Tell You? The overall trend is up when the price is above the cloud. The last time it happened was somewhere in August 2018
The second important points are that the price goes above the Moving Average 100
(There will be no serious increase as long...
Show me the chart i'll tell you the news. move Bitcoin is positive until now so we need correction. back to touch 4000$ 3900$. and continue bull market. what's the next news? if we're see the chart and we need close up EMA 100. with bullish engulfing on weekly. next week Good news coming. mybe ( ETfs or nasdaq or something like remember that ) Next target is 4890$...
We could see price reach our target resistance zone ( red box ) then we are expecting price to keep falling and could find some key support at around the 3417.1 area.
We think that after price hits our support area we are going to start seeing BTC price pick up and could even see price hit 10,000 this year, but that's a just our prediction for the long...
Excelent Prices for this year, black Friday everyone. Take in consideration this: This coin is in beta, The first time the company golem announce Beta the price arrived to 0.75 cents. In june 2019 Its going Alpha, DONT SELL ALL THE COINS. We can arrive to 5$ and more, just take a look at Neo, the coin was at 0.21 cents and two months latter it was $25. Its going...
With the ill timed and expensive #hashwars happening and two $btc billionaire selling their Bitcoin and Bitcoin cash to fund it one can clearly see this isn't a normal market correction. So where do we see this bottom?
The strong support we have gained over the year between 5800 and 6200 has broken, as has the 5000 to 4800 support levels.
We have strong support...
Currently working on a project so not around for a lot.. Bitcoin is looking good now, it looks as if we retraced and accumulated enough for another pump. My comment on the abnormal pump Bitcoin did lately would be that when Bitcoin started rising last year most of its waves were this abnormal too, so this may be the way Bitcoin goes up when we are in a...
Looking at the shape of the flags that we are seeing recently on the bitcoin chart seems to suggest a bull move which is overdue as we already had one of the bullish flag formations, then a repeat of the pattern, the move should come within the next couple of days maximum, so look out for confirmation.
It is imperative in my opinion for bitcoin to respect this all time trend line, we are approaching it in the near future. I think the price could dip further in the next few weeks, but then a new bull run will begin.
Let me know what you think in the comments.
Like this idea if you agree!
BTC has a major resistance at the 38% Fib, 50MA is a possible spike towards and a retrace down towards ¢6200. Major manipulation on the 1HR chart. Still trading in the box region and until we break either way, no trade on BTC.
It looks like the price is in a falling wedge type of pattern right now, and the breakout could go to the upside giving bitcoin huge potential for approaching $10,000 USD again. Let me know what you think in the comments, like the idea if you agree, and follow me for more price predictions in the future!