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Btcusdforecast

BTC/USD(COINBASE)As stated in the previous article last week, if the resistance level $4200+ is not broken then we would hit the price around $3500 range.Hence it tested the $3478 price level after a drop of 15% this week. Bullish Case: It needs to hold the $3400-$3500 support level and break the $4200 level in the coming days to confirm bullish momentum otherwise we might see the <$3000 level in the coming weeks. Bearish Case: It has tested the $3500 price level recently and bounced to $3670 level due to the news from the Russia investing into Bitcoin. The bounce(surge) looks weak(less buying volume) and we might see <$3000 level in the coming days/weeks if the $3200 support level is broken. Note:It can also range between $3200-$4200 level for few days before making significant move up or down.
COINBASE:BTCUSD
by coinswitch-trading
XBT/USD Short term viewBitcoin has been showing strong uptrend and has bounced strongly from the demand zone of $3100 level. Bullish Case: If it manages to break the $4100-4200 level in the coming days then it will continue its bullish trend till next resistance $4700+ level. Bearish Case: If it doesn't break the $4100-4200 level then we might price see price dipping to <$3500 level. It can also range between $3200-$4200 level before making significant move up or down. With Bakkt launching BTC contracts on 24th Jan'19, we might see a price jump but not necessarily.
BITMEX:BTCUSD.P
by coinswitch-trading
Clear case of long on the BTC/USD house!BITSTAMP:BTCUSD Case for the bulls... 1.A longer term bearish abcd with a bullish CD leg under formation 2.Breakout from the ichimoku cloud on the four hr chart , both lagging line(Chikou span) and price action 3.Fibonacci retracements of 0.382 bokeen on good volume support (although not a clear brekout) 4.A inverse head and shoulder with classical volume pattern 5.Bullish trendline being respected 6.Money flow converging with price Potential reversal zone starts at 12884 to 14416..
BITSTAMP:BTCUSDLong
by capsule91