Bitcoin / US Dollar Index

BITMEX

XBT

at the bottom of the channel now and curving upward.

support and resistance on the chart,. we are at the bottom of the wedge,

on the support now,. I think another bounce and then back down off the top of the ichy then lower low

this could play out on HTF,. this is a weekly chart

Next possible move for BTC. up toward 9k is a real possibility

jlhdnn

After todays 5m market buy the rise has halted around 8600 area,. whats next? well we could be here for a while in this range before a direction,. given the recent tether news its could be easy to assume everyone will dump tether into BTC pushing the price to ATH before the final massive dump, question is why haven't they already upon hearing of the finex suit?,...

I see sell indicators here,. only one bullish I can see , thats the descending channel on LTFs,. I say we go sub 8k this week,. 4h Chart.

So i propose this idea that wave 4 for BTC is in fact a flat correction. Whether its expanded, regular or running depends on where we end up here. So in my view we have completed an expanded flat for A wave of this wave 4. Were now in the B wave, where to me looks like its taking form of a zigzag formation (535), where we've completed the first 5 wave down (A...

keep an eye out for the this ending diag for a relief rally to 10k before heading lower, stay ready.

after dump pt.2 a sideways with a little pump/ H&S then down toward 6800.

ITs the 3 boxes play again, then down to test the big support and buyzone

Not financial advice!

I am looking, bitcoin little bit bullish but if we see 3H Chart, it clearly indicates us, bitcoin will fall from 11500-11900 to 10300.

Head and Shoulders

fresh test of demand zone doji on 1H to serve as confirmation candle HTF demand zone below. Only worry is that it's against the trend in general Minimum 2:1 R:R. could target top supply zone for a higher R:R

Looks like Bitcoin is on it's way back down again, Failure to hold this support area 9400-9500 it looks set to trickle down to the 8600 regions. This is good in some ways, consolidation and retracements are required for further long-term growth. Also allows Alt-coins to breathe. Be careful going long, deep bear zone right now. Also, be careful going long on...

watch the price