see the rsi and understand what's happening with the $BTC
once btc touches 4000-3500 range then bull market starts
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Logicaly bitcoin in side ways from last one week but now suddenly 300$ dumped in few hours a go,Bitcoin is testing now new support level chance to go again 6800$ otherwise the testing is fail then we can see small more deep near to 6000$ in bitcoin
Bitcoin creating new double bottom signs to going new ways of upcoming bullish trend if you want to buy btc buy near 7500 or 7000 its good timing area april wil good to make huge profit from alts and bitcoin
The last 1-5 waves are probably way off by measurements IF it happens but I count this as a viable count for Elliot Waves based on current data and a very possible direction to go.
Technical analysis on BTC/USD. Seems like the entire crypto market cap fell by a bit, together with $BTC. However, it appears that $BTC is near the support line at around $12,664 and Resistance Level at around $15422. Good entry now for $BTC at around $13,000. Reward: Risk Ratio is around 4.5:1. Favourable time to get into Crypto and into $BTC if you do not have...
bitcoin crossed the rising wedge some days behind but the binance bad news again the chart created the bearish trend but now btc stable and holded stron at level 9k and rised more then 400$ from the support level with strong buy waiting to cross the again bearish wedge to rising wedge.
4 hr resistance zone break
after that 1 hr Trend line break
Consolidation
Making of descending triangle with bearish continuation
Creation and absorption of key liquidity levels for price to make movements and get additional orders
updward impulse got reacted at 618 zone and bearish engulfing confirms the downward trend in 5 min time frame. expected to move downward atleast upto marked order block
Howdy Traders,
We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout.
Looking at this fake breakout, I feel that the market may go down a bit.
Target: ...
The trend line perfectly aligns with everything, there is a crash coming and the levels might be
Level 1: $28,440
Level 2: $27,600
might happen before July 30
