When looking at the chart above, you can see that BTC has managed to climb above support but in the past few days, it has sold off to the current support zone shown by the yellow line. It needs to stay above this line to remain bullish. If it does move below the line, the next area we need to watch is 32.9k. This area was the previous weekly low set a few weeks...
When looking at bitcoin on the 2hr TF we can see that it has had a very bullish week. With the Super Bowl happening this weekend and a lot of people calling it the Crypto Bowl, many expect this to have a positive effect on bitcoin throughout the weekend. Now we hear that the FEDs have announced an emergency meeting for Monday 2/14/2020 which is right after the...
Bitcoin has been often touted as digital gold. With Ukraine<>Russia tensions heightening we are seeing risk-off trades, with USD, JPY, Gold and Oil all appreciating.
Bitcoin however has not yet appreciated. Price seems to be stabilising around the $40,000 mark, which may be an opportunity to go long. THIS DEPENDS ON ONE THING: IS BITCOIN DIGITAL GOLD?
If bitcoin...
BTC is and has been in a bearish trend. I went ahead and mapped out KEY support and resistance zones with the amount of % shown if it decides to move up or down. Since it's currently at support, I can expect to see a bounce here. If the bulls are strong enough, we can see a push to the next resistance, which is around the 52k area. If the bearish pressure...
When looking at BTC, we can see that it attempted to move higher but the bears gained control right away and pushed the price right back into the channel. You can look at my previous post and see. These levels are crucial and with this new covid variant, I wouldn't be surprised if we retest the 30ks again. I think there are too many institutions involved to see...
BTC is looking very bullish. It's been trading at the top of the channel and even though it has been rejected a few times in the past 24hrs, it still looks like the bulls currently have the upper hand. If it can successfully close above the resistance line I can see to moving to around 52k. The new covid variant might cause BTC to dump but at this very moment, I...
$MARA - Key Levels and Analysis
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I am still leaning to the bearish side here, while crypto technicals cool off a little bit - and I’d love to be able to add at 27.
Still above the MacD centerline so could go either way…
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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately...
When everyone is bearish, I get more excited knowing that this beast behavior is somehow different than most Assets.
While most are convinced XRP won't make it, im very bullish on #XRP. Keep in mind that this asset is a lagger in all its bull cycles which means it takes off the last. Anyways I believe this simple chart can explain itself by itself. You don't have...
Thank you for coming today!! 👋💲
I was just checking out a chart of our popular MANA 💧 token, and we see on a 4 hour view a nice falling wedge pattern🆗.
For a good open position, it is wise to see if we can break this structure and have a healthy retest before entry. (It is always possible we break and impulse correct downwards, but I do not think that is...
In this analysis, you can see the technical analysis of Bitcoin for the coming days.
Remember, this is not a financial recommendation, it is just an analysis of various military-political parameters and events in the world on the Bitcoin price trend.
#Bitcoin #Price_Action #Long_term
BTC is speculation value and running on faith, after mining crackdown and disappointment from TESLA , it loosing it's value but in history over 4 time it loose it's 70% growth but this time dent is bigger, don't expect it will come back in V shape , we don't know the future but if it come back it will take more than a year.
Now it can drop in 20k area
It's...
