the volume is crap. no new money coming in on whole market cap imo we going to hit around 1800, bounce to 2200 BTC bottom aint in
How long it took for the last 2 bull runs to go back through ATH after bear market
if we look at the last bear markets they ALL hit the lower arch of the channel. i cant see this one being any diffrent and its going to be a long year for BTC
gree bullish need a higher low red bearish brings a lower high bringing on a drop to 3400 possibly
i think we might just get a long accumulation between 3400 and 3900 for a while
the triangle could turn bearish. the channel is whats needed
sorry guys the cme futures are still in control of bitcoin dont expect us to get even half way to the last ATH this year. cme chairman said off the cuff " we will tame and control bitcoin" i bet pomp never mentioned this to the pension funds he brought in to morgan creek
19th march is where the two downtrend lines meet is vital bitcoin
im not bullish at all. lower high trend is still here after a year and no sign of us setting a higher high. btc needs to smash through current level up to 4200 with in the next 48 hrs or we drop untill we see at least 2 higher highs in a row i wont call bull
imo we need to bash through resistance or we drop
not enough volume to push through resistance 30th march could see a drop to below 3k
around the 2nd march is the next move. resistance 3620 has failed to be broken support 3351 has held as a bottom but for how long? bulls might get bored and pull soon i think sub 3000 btc is due possibly 2350
of course this is always just an opinion 11th feb . The volumes poor. we could carry on sideways BUT the bands are getting tight,
the green cross is imo possible no volume at all. all major supports and resistance broken since All time high no real sign of whales coming in , bears are fishing for big fat fish is this possible? of course it fookin is! its been to 20k, most thought that was impossible but it happened ( granted it was futures manipulated but they can manipulate the push down too)