Hello All. Bitcoin reached 5500 so fast that a quick pullback to 5430 is the most likely scenario. A jump pass 5650 will shoot Bitcoin to 5900 or higher with all the FOMO buying that will occur.
Hello All,
This is just my guess on the next move for Bitcoin. It appears to me that Bitcoin will drop to $5200 before retesting $5350. I am waiting for the RSI to drop to 30 before making a buy. A new bull run is not clear. A move over $5400 could confirm a new bull run. I am opting to wait for the drop to the $5200 level before a possible take off past the...
A TK cross just occurred. Price reaching 5128 is a fake out. Over 5188 is a trigger to buy at or below 5218. Take profits at 5332 conservative or 5386 aggressive. Or Install a stop-limit 5200/5180 order after the 5400 price is reached. This is to limit a loss in case of a failure in the continuance of the momentum. This is not financial advise. I am not a...
It is my gut feeling we are bouncing off 4650 floor and retesting 5200 resistance. Last up move felt very unnatural this time around. There needs to be a correction before a new bullish trend is solidified. COINBASE:BTCUSD