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Bitcoinprice

BTC price flips into a bearish trapIn the early hours, there was a decent climb up the curve where the price propelled from $36500 to $37500. Currently, the trend has reversed and the movement is approaching $3500 and below. Earlier the price was sailing at $37700 mark, but unexpectedly tangles down. The buying pressure is seen intensely figuring. Also, the RSI is nearing 30 and might fall below, making BTC overbought so might it dip near $34000. Resistance level is at $37225 Support level is at $36601
BITSTAMP:BTCUSD
by COINPEDIA
Bitcoin price escalates, surging high, chances for pull down?In the early hours, the price fell off from the bullish trend, and moved toward $3700, failing to keep up the momentum. No sooner did it plunge to $37200, the price took a curve to surge from this point. Sticking to the current motion, Bitcoin might move up to $4000 and set a new high for the day, shortly. Failing to move further, the price may dip again near $3700. A selling pressure as strengthening, however currently the MACD is to intersect and RSI is seen dropping to 54. So the second possibility of price dip is in handa for BTC.
BITSTAMP:BTCUSD
by COINPEDIA
important bitcoin update bitcoin chart is forming bilateral symmetrical triangle Symmetrical triangle can either be bullish or bearish, Symmetrical triangles form when the price converges with a series of lower peaks and higher troughs but if we look BTC daily and 4hr chart, then overall trend is bearish So there is more probability that bilateral symmetrical triangle can break down. And once it breaks down, then bears become more aggressive and price can drop quickly and resume downtrend. short seller can open short positions if the price breaks down the triangle and wait to retesting trend line This is my personal view about bitcoin price . Take it as educational purpose.
by sunnystar665
BitCoin – Next Tulipmania?BitCoin – Next Tulipmania? Selling Pressure is seen in BitCoin after Elon musk announcement. Chart is around its major support level. If 39520 breaks on weekly basis then Prices will easily reach 26650. Extended target can be 19100. If the above condition fails then good reversal is also possible from current level. So keep your stop losses as per your risk reward. Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
CME:BTC1!Short
by SagirKazi