Remember that all the corrections have been very small for Bitcoin and with massive fiat printing in stores for us soon, its price is very likely to move even higher.
We can say we have some mixed signals here since prices stopped growing after reaching resistance, but so far we haven't seen any follow up to the drop that took place on 10/11-Jan.
Now that I looked at the Ethereum (ETHUSD) chart and see it fully bullish, this is the same scenario that I am expecting for Bitcoin since they've been moving together for long.
Maybe a little more consolidation and we are followed with Bitcoin hitting a new ATH after $42,000+.
You can visit my profile to find the ETHUSD chart.
Remember to hit LIKE! Thanks a lot for your support.
Namaste.
Comment
⋅
I am happy to see that everybody is having a lovely day today :D
The altcoins market is about to grow time my fellow supporters... I am sharing this as a friendly warning.
Those altcoins you see listed on Binance and all those that we trade are about to print some massive numbers, this and the next week...
Be ready and make sure to always secure some profits. Safe some, withdraw some, reinvest some, diversify some, give away some, spend some... on and on.
we just broke down from a rising wedge after breaking down on janaur 16th and youre bullish? LOL
TradeClass
⋅
@YurloTrades, the best TA experts offer opposing options... and explain what can cause each case.
TA alone is only correct 50% of the time... which is why other factors have to be used to gauge the more probable outcome.
YurloTrades
⋅
@TradeClass, yes thats very true, thanks for sharing and best of luck with your trading
TradeClass
⋅
@YurloTrades, ::snicker::: I was right... and as I write this, we just recovered a little form 34,400... and the only reason I was correct in my short forecast... was because I watch whale deposits on the exchanges.
YurloTrades
⋅
@TradeClass, go look at my TA lol idk many ppl with cleaner TA than me in this entire space lol ive been right on every trade almost go look at my track record brother. best of uck to you and your trading
@TradeClass, 20k is too much. more like 30k only, max 27.5k
TradeClass
⋅
@elkadro, I wish your fantasy was true... but eventually.. we are going to 25k..
Mezmon2
⋅
@TradeClass, based on what exactly?? Pure speculation is absolutely pointless. Feel free to backup your thesis w/ some substantial evidence!
TradeClass
⋅
@Mezmon2, if you had been following my charts and notes for the last month, you would have seen I predicted all this. Stop being lazy. If you want to understand what I know then follow me. I am too busy trading for troll arguments and if you annoy me enough, I will just block you