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AlanSantana
May 2, 2020 1:43 PM

Bitcoin Peak Prices Since All-Time High @$20000 (Lower Highs) 

COINBASE:BTCUSD1W
Bitcoin / United States DollarCoinbase

Description

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Let's take a look at Bitcoin's (BTCUSD) peak prices since ATH in December 2017.

  • First, we have Bitcoin's All-Time High (ATH) sitting at $19891.99.

  • A higher low hit in June 2019 at $13868.44.

  • Then we have a recent peak in February 2020 at $10522.51.

  • On the 30th of April, another peak was hit at $9478.66.


We are looking at lower highs.
We have no higher highs.

Bitcoin is likely to drop.

Note: Another jump can happen and the chart can easily change.
If the major purple trendline is broken then Bitcoin can do more up.

Additional information (more analysis on chart signals and indicators)

Bitcoin, Watch Out For The Drop (Where To Next?)


Bitcoin Drop Starts Now?


Please hit LIKE to show your support.

Namaste.

Comment

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Altcoins recent results, trades & chart analysis.

Thanks a lot for your support.

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Comment

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Missed one...

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Comment

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New update: 🅱️ Bitcoin Drop Takes Form (Support Levels + Signals)
Trend AnalysisTechnical IndicatorsBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDalanmastersaltcoinscryptoCryptocurrency
Comments
Nagat
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Bitcoin to 5000$ 4500$ then 20000$
AlanSantana
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@Nagat, Nice one... Thanks for sharing.

Do you have a chart?
Nagat
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@alanmasters, how will I share it?
AlanSantana
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@Nagat, You can take a screenshot on the top right corner (camera icon) or you can hit PUBLISH.
AlanSantana
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@Nagat, If you hit 'PUBLISH' it goes public.

The screenshot stays with you and you can share it here.

Namaste.
Friendtrand
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extremely bullish
AlanSantana
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@Friendtrand, Depends on how the week closes.

The 30-Apr. we have a bearish candlestick on the daily.
If it closes bearish this week, the chart will easily change.
AlanSantana
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@Friendtrand, Prices for Bitcoin (BTCUSD) need to move above the purple trendline fast or there will be much red on this chart.
AlanSantana
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@Friendtrand, We prefer to see GREEN rather than RED, but we adapt to the market and change as the chart change.

Namaste.
Friendtrand
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@alanmasters, agree.., just in fact - monthly has already closed with a very nice absorption for the previous one. I also do not rule out a drawdown, but in general the picture is very bullish, besides - i see very beautiful H&S pattern
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