70k
BTC => ActionHello TradingView Family / Fellow Traders,
As per my last analysis, BTC rejected the $70,000 - $72,000 resistance zone and is currently trading lower.
What's next?
Scenarios:
1️⃣ Bullish - Continuation
For the bulls to maintain control, a break above the $72,000 resistance is needed.
In this case, a movement towards the $80,000 resistance would be expected.
2️⃣ Bearish - Correction
In parallel, if the last low marked in red is broken downward, we expect the bearish correction to start leading to a movement towards $60,000.
Which scenario is more likely to happen first? and why?
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr
100K BITCOIN ONLY UP .
69 CHECKED
70K NEXT
100K
230K
1M
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BTC - Maybe range for 6 days!We are between resistance and support areas. I think 53,000$ for Bitcoin, it is no longer possible :D
In each correction you can see high volume...! Now we broke blue trend line and we can rang for 6 days for break the last down trend line and rise up.
Support area: 55,000 - 56,000$
Resistance area: 58,500 - 60,000$
Target: 69,000 - 70,000$
Bitcoin inverted head and shoulders patternBitcoin formed an inverted head and shoulders pattern on H4 view.
Usually, it is considered as bullish in 50% of cases as patterns work better on daily view.
My target is 74K, however we performed 6 months of bullmarket in a row, which never happened since 2012.
7 months never happened since 2011.
We could also see a retracement this month but we have more liquidity with institutional investors and higher market capitalization with more billionaires in the game.
2.4 Billion Dollars Liquidations within the last 24 hours!!Hi , Moonboys
I see a lot of people who think we are now entering a bear market while they don't know the real reason of this dip!
2.4 Billion Dollars Liquidations within the last 24 hours!!
Most what the whole crypto market has ever seen!!
Fundamentally nothing changes with bitcoin but you can clearly see that bitcoin is being manipulated by the exchanges / Whales.
I still believe that btc will hit 70 k within the next couple weeks.
Don't Trade with leverage! Don't get rekt moonboys hold strong , we are in an altcoin season!
Btc end march/ begin april 70K? Hi guys with Rae,
I hope your making great gains these days.
Today i show you my idea and why i think we could hit 70K and maybe 80K end of this month till begin April.
70K explained :
Why I think that we will break 70K is because this month coinbase Ipo goes live , and it is big ! , 2, Tether is printing enough money each day! 3, stimulus check worth of $1.9 trillion 💣
80K explained :
If coinbase launch it’s own coinbase token 🪙
we could see btc above 75K begin april and maybe we could rise up to 80K , we all know that if coinbase launch their own token it will be big and with their coming coinbase ipo things will Explode 🤯 .
Cheers 🥂 I see you next time guys ⏳