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Bitcoin weekly flow overviewMany investors and traders are still optimistic about bitcoin. But how positive are they while price have been stuck in consolidation from first of May till now. It is hard to be patient and I'm really sorry for many Hodlers, who are 100% sure that Bitcoin will continue bullish trend without any retracement. I honestly believe Bitcoin will continue bullish, once price will break through ''Sellers supply'' with such a volume that will stop sellers. After that we can still expect some kind of retracement but maybe not big one for some time. As a trader I personaly like to see what's going on at the moment with price and where is our chance to take opportunity for buying more Bitcoin or melting them into USDT as a traditional trader or you can play it by leverage and follow shorts and longs once price will break important levels. Important level for taking short position is below 8860$ level. If buyers are able to stay positive for longs, we have to wait for price to break 9500$ resistance level and stay above for some time. In case, sellers will continue then price will follow our expected targets; T1 short = *7200$, T2 short = *6500$, T3 short = *5500$ In case, buyers will continue then price will follow our expected targets; T1 long = *10500$. Good to know: 10500$ resistance level is critical to buyers. Price got denied many times (from mid 2019 till now) and each retracement increased after by lenght and power.
COINBASE:BTCUSD
by EliteFxAcademy
Just as I predicted - Whales want out of Fools GoldThe big 40% pump in a few hours by the whales has all been faded, as predicted. It was all a stunt to get the little bitcoin bulls excited to unload their bitcoin at a higher price. The whales totally control this market and they want out of the fools gold. Of course you already know this if you saw my last bitcoin update. We are in the process of forming a lower low below $7300. The levels to watch are $6000 and $5500 for another bear market rally to form a higher low below $9500. As stated before bitcoin is going to $1000.
BITSTAMP:BTCUSDShort
by rjchilia123
BTCUSD 23 MARCH , STEP TO STEP TO 4800$BITCOIN (BTC) 23 MARCH 2019 HOW TO UNDERSTAND THE MARKET ? Mena’hem SULTAN : BITCOIN (BTC) is sleeping between $3900 to $4050 since a week already, sometimes jump to the resistance then hit the support and sleep. Why ? What are these moves BTC is making and how we can trade ‘em ? here’s a 4 hour chart graph BTC is basically jumping from range to range, resistances become supports. And the market maintain bullish. This is how BTC play strong even on a bear market. Range + Impulsion ! But soon things will change, we are getting very close to break the IHAS resistances so once they’re broken we’ll see a huge movement, we can expect a jump to 4800$ and can even hit 5000$. BE READY . ALTCOIN MARKET ANALYSIS Alts are strong and healthy at the time of writing, there’s a lot of green in the market and some big volumes. The question is : Now that alts are getting close to the range resistances, are we going to stay in the range or we’ll see a breakout above the resistances and we’ll start a new alt-bull-run ? After this very long accumulation we can expect a very huge uptrend if breakout. (The detailed doc with a specific analysis on each alts is still available) leviathan capital partners BTCSMARTCONSULTING@GMAIL.COM
BITSTAMP:BTCUSDLong
by jchaker