I am of the belief that Bitcoin would start to grow when the altcoins start to retrace strong...
The altcoins market is having massive bullish action and growth for the past few months and now we are seeing some altcoins correcting having a strong retrace... The majority continue to grow, the market remains bullish while Bitcoin is now ready to continue growing...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (7412.60). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
In a bullish market/bull cycle, altcoins go down while Bitcoin goes up.
Let me show you something that you are most likely very familiar with... The chorus goes like this:
When Bitcoin moves up strong, the altcoins tends to crash.
When Bitcoin moves down, the altcoins tends to crash.
When Bitcoin goes sideways, the altcoins tends to crash.
Lately, we've...
Bitcoin (BTCUSD) is now challenging and breaking above another resistance level without much consolidation or effort... It is simply growing slowly and easily...
I shared multiple charts for Bitcoin regarding this move, as well as a full active leveraged trade which will be shared below.
The charts remain bullish.
Bitcoin looks strong.
We expect additional...
Bitcoin is very likely to move to $10,000+ in December 2019, but before we go there, can it go lower now?
Bitcoin (BTCUSD) printed a full bearish candle to break below $8,000, reaching a low at $7394. Now, this candle is still active today so the next move really depends on the daily candle close since we are looking at this timeframe.
We are likely to see...
Bitcoin's path to $33,333+.
Let's keep it simple.
We are going to look at just 6 different signals. We had all these same signals before the 2019 Bitcoin bull run, let's take at look at them now and see if it makes any sense...
Hit LIKE and push me up...
(1) Bullish flag.
(2) EMA10/EMA50 Cross.
(3) Bullish divergence with the MACD and RSI.
(4) Volume...
Bitcoin is starting to push lower in early Wednesday trade after the buyers failed to gain traction above the $7,300 level earlier this week. A bearish head and shoulders pattern remains valid on the lower time frames while price trades below the $7,800 level. Overall, traders may use any pullbacks in price as a chance to short the BTCUSD pair, with the $6,600...
Bitcoin (BTCUSD) is following perfectly my chart from the 21-Nov., where we spotted the potential for a bounce at $6500 and saw Bitcoin going to $10000+ next month.
You can see it here:
Now, Bitcoin is printing the classic Inverse Head & Shoulders pattern,...
Bitcoin (BTCUSD) starts to bounce and we have good volume coming in. Our last trade idea mentions a $10,000+ Bitcoin in December 2019...
You can take a look at it here | Bitcoin Going To $10K December | Will It Go Lower First?
BTCUSD Early Bullish Chart...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (8927.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
....
BTCUSD update we moving choppy zone now possible flat correction
if we hold 9700- level and print higher low 10K then next run will be 13K 17K 18K
the possible sideways market 2nd wave
invalid below 7400.
Bitcoin is under slight downside pressure in early week trade after being technically rejected just before the $8,000 resistance level. The BTCUSD pair was rejected from the top of a large falling wedge pattern on the daily time frame, currently located around the $7,800 level. Going, buyers need to maintain daily price closes above the $7,300 level to encourage...
BTC USD WEEKLY
NEEDS BREAK THIS TRIANGLE 8500
REJECTS FROM HERE NOT GOOD
A DOWNTREND FOR LONG TIME WE CAN SEE
IF BREAKS HERE SOME TARGETS
NEXT YEAR WE CAN SEE 10 K
FOR SURE
This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew significantly within a short period of time making the BTC/USD pair quite popular among active traders and investors. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
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