Looking at the total market cap one can see a much higher amounts of volume in the recent months when compared to the bull run up to 20k. Why is this significant and what does it mean? Please comment below My Theory is that for whatever reason there is a lot more buying and selling going on around these levels however I don't have an exact reason as to why the...
I came across this fractal which look somewhat familiar. yikes.....
BTC is approaching a breach of the diagonal resistance line. Possible chad candle incoming.
Cup and handle, four touches on 65%. watching this closely...
Here is a chart showing the past cme gaps and how bitcoin has been acting towards them
Bitcoin doesn't sleep. Bitcoin doesn't play solitaire. Bitcoin doesn't like bitcoin. Bitcoin does like drinks with umbrellas in them. Bitcoin doesn't smoke cigarettes. Bitcoin doesn't shave. Bitcoin doesn't wear pants. Most importantly Bitcoin doesn't go ever under any circumstance go down.
In my opinion the overall trend is downward. Might touch the highs and and the lows before breaking out.
I am visiting litecoin for a possible Long trade. It is currently at support Which has not been holding that well in my opinion. If we get a bounce here I will be looking for a long with targets being 100 and 133 for a possible 5 wave. This is completely indicative to whether bitcoin will find support. Watching for now hedging the market. I am not sure where it...
Whats important to note here is that in a bull market bearish signals will move bullishly. If this is a dead cat then we will certainly retrace where as if this is a true bull market we will see a leg up on this bearish signal slowly pumping through resistance. Its important to note that another leg up would still produce bearish divergence. I see many bearish...
Hey folks I just came across this and wanted to share because imo this is a major development. Shorts are finally starting to move and have crossed longs. What does this mean? It means a major move is coming. I am expecting a 500-1000 point swing, which way you ask? I am leaning 58/42 bearish imo. These crosses are very important and show that at this level...
This chart says it all for me at this time for why I am not completely buying the bullish sentiment for bitcoin. I do not see a full reset for bitcoin between the ratio of OBV to RSI. If bitcoin is bullish in this scenario and we have seen the bottom then we are likely to see bitcoin touch very high values in the next two years. A full reset of OBV would tell...
Here is a potential chart for bitcoin. Possible head and shoulders formation.