Probably nothing :D look at the chart and right side bitcoin price very carefully u will under stand and sometimes down trend can be good :D
current bitcoin downtrend from high to low. Just see the comparison and you will understand
It's definitely good time to buy bitcoin and fill your bag. Once in a while market gives you this kind of chance so grab it while you can
Probably the last shake out before the massive breakout. Bear needs to try harder on this christmas. Bitcoin is bullish
Q4 is not over yet so i think bitcoin has few tricks still left in his bag so lets hope for the best. An upward move for $53000 is possible and it's too early too say that bitcoin is in bear market because we're still in accumulation zone, after break and testing of $53000 is might take bitcoin to the $56000. Remember bitcoin cycle is already lengthening
I'm not going to give any prediction or anything today. Just look at the bitcoin fear and greed index u will see extreme fear at the market right now, if someone told me four year ago when bitcoin hovering around $8000 that we'd be at extreme fear while bitcoin hover around at $50000 then i would die by laughing at that time but see it's true we're now at extreme...
on daily timeframe bitcoin create a up trend pattern and on 4H and 6H time frame btc create a falling wedge patter both showing massive bullishness on bitcoin. Right now btc is a ticking time bomb which can set off anytime soon.
For the worst case scenario bitcoin can hit $53000 again then bounce back to 70K-80K zone. But remember we've very little bit of time left for this bull cycle. The real bear market will begin at the end of the december so be prepare and manage your own risk
BITCOIN created huge bullish divergence in 4H time frame. And don't forget we're still in a bull market
BTC facing major resistance at 63-64K level. After successful break and retest those level it should move toward 68000. And prepare for massive alt season it's coming guys
Monthly close above 58-60K is enough for bitcoin to reach upto 100K. Btc now is on sideways consolidation mode, soon it will bounce of from the zone when it get good volume. And positive news is that CME open futures interest is now on all time high so 60K is the strongest support as of now. Happy Trading
It should bounce back like this and today's correction is just a DCA and a FUD everyone should understand that. Don't panic sell your holdings at this cheap price be patience
This weekly close on bitcoin is very big deal and bitcoin just made highest daily market close is the history. We're bullish. After reaching 71000 money flow back into alts and alts going to boom so be patience alts holders
BTC can break previous ath by the end of the week then it can go for a retest around the previous ath more like little bit of up or down from previous ath and then make a support from there and bounce of to the moon. That's mostly going to happen that's what i think.. And from the end of the oct alt will go insane
We can expect a good performance of the BTC by the end of the month. And alts also shows some good strength too. And here's one thing u need to know that if BTC close above $58500 this month then we have the highest monthly close in the history
If ETH break the 4000 resistance then it can go 5000$ in no time. This is only just short term prediction in long term it can go up to 10000
Take a look at the daily timeframe of heavy resistance zone of BTC. But we all know btc can survive this kind of resistance as it survive it before so 60000 is just at our door step
USDT dominance always was the main reason for growth in usdt pair market, but now it's hovering at sideways and most of the alts are going sideways too. I think it'll take more time to pump the whole alt market, be patient