BTC has been rangebound for a couple of months now between 50-60k levels. 49000 is key support, followed by 44k. Sustenance above 61000 gives strong resistance, sustenance for a period of time above that level can be bullish. However key moves are expected soon, this week will be crucial to determine its direction.
The weekly chart for Bitcoin (BTCUSD) is looking at its best in a long time, everything points to higher prices.
The candles are safely trading above EMA10 with ~$65000 set as the next target.
Depending on how this level is handled, we can potentially see a $100,000+ Bitcoin and beyond.
The more fiat printing by world governments, the higher that Bitcoin will...
Good and lovely day and fellow cryptocurrency trader... What a great start we are having to this Saturday with a very green Bitcoin.
We just looked at BTCUSD Weekly, the article below, and commented on the bullish trend/bias and potential targets.
See it here
Daily, 24 hours per candle, we are now aiming to challenge again the All-Time High at $42,000 but...
Good morning again ladies and gentlemen and 40k as well! We have broken resistance and things are looking good for BTC at the moment. The bulls have put on a show over night and reminded everyone of us (including me) not to underestimate the bulls. The alt coin market has taken a lot of the recent glory in the crypto market but it looks as if BTC is attempting to...
possible scenario for bitcoin in the downtrend. The trend line which starts from 10k has acted as a strong support for bitcoin. It has rebounded multiple times from the trendline. It comes at around 25k for btc and final price to which it can dip looks like 22k. If you look at left, the purple rectangle is where btc stabilised after peaking at 14k back in may and...
Bitcoin (BTCUSD) is now entering strongly bullish territory with prices trading back above EMA10.
In this chart, we are going to be looking at mainly the Fib. levels.
Based on fib. proportions, our next immediate resistance is sitting at $13520.
This level coincides with the June 2019 peak at $13764.
This price range of $13520 and $13764 becomes the 'LAST...
Bitcoin (BTCUSD) is now moving below EMA10 after a double top... The crash is now on.
The MACD has the bullish cross and the RSI trending now...
I gave all the signals at the weekend... Prices will start to move lower for Bitcoin.
It won't' be pretty.
Namaste.
We looked at the mixed signals for Bitcoin (BTCUSD) on the 4H timeframe... Now let's look at the daily and see what we have.
We still have some mixed signals here since we are technically bullish above EMA10... But we have many signals developing that tells us a drop can come next.
Let's get started right away.
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1) Let's start by looking at the blue lines...
