Rika_Jan

Rika_Jan

BTC is in the bearish market, but it has a divergence. In the next following weeks, it will complete a cup and handle pattern and then it goes to 100k USD. Happy trading.

Rika_Jan

In weekly time frame BTC is forming a head and shoulders pattern. It will take about 2-3 weeks to complete this bearish pattern, then BTC will dump to 20k. India and Turkey may play a key roles by announcing the new rule and regulations related to cryptocurrencies. This event will provide a DIP for investors.

12:35

Rika_Jan

BTC movement is mostly depend on fundamental news, while Hash ribbon is activated and we have DIP opportunities as well.

Rika_Jan

In monthly time frame, for long run analysis, BTC is forming a W pattern which shows a bullish market.

Rika_Jan

On 12 March 2020 we had a -40% fall on BTC price. It was the biggest whale-dump with largest volume in BTC history. As time passes, BTC gets more value by people over the world. Therefore, it will be harder for whales to change the market price. Whales needs to set a proper amount of volume together with price setup to be successful. But, it won't be easy to get...

Rika_Jan

BTC is going to retest 10000 USD. This time it is highly possible to break 10000 out. On the other hand, whale has power to set BTC back to 8100 USD. The strongest whale in the market can only decrease the BTC price down to 8100 USD which is about -18%. For those who are weekly or monthly trader, setting trade in is ok.

Rika_Jan

BTC all time analysis shows that it is preparing for a huge jump. If it passes 10000USD, then it hardly back to under 10000USD.

Rika_Jan

In the next week, BTC will examine a slow bullish trend. At the beginning (Monday and Tuesday), BTC will touch 9700$ again, then it retests 10000S and attacks to 11000S. Finally (Friday and Saturday) it will return back to 10000S.