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Btc_usd

Bitcoin 2D Weak Strength Snapshot1) I'm still waiting for the strength profile to turn green, it turned red on April 3rd 2022 and has not been bullish since (short since then). 2) You can also see that the bears are still in charge and they have not been squeezed yet for the bulls to be back in charge. 3) When you look at the money flow, there is money coming into BTC but for me to become bullish, the money flow needs to be above 0, or positive. For now, the Bitcoin 2D Strength Snapshot is weak: Strength Profile 🔴 Bears in Charge 🔴 Money Flow 🔴 Followers may request a strengthsnapshot of any cryptocurrency , like and follow.
BITSTAMP:BTCUSD
by bodhinium
BITCOIN: IMPORTANT UPDATE!!!Hello everyone, welcome to this BTC weekly update. Update: Bitcoin has been hovering between $18k to $20k for the last 18 days holding the $19.5k support level. If you look at the chart, in the past, BTC reached an ATH, then got rejected, followed by the formation of a new support level, then further rejection, and then a bounce back. A similar move is happening now where BTC made an ATH ($69k), got rejected, made a new support level ($29k), got rejected again, and now holding strong support at $19.5k. The doubtful part of this chart is the bouncing level. In the past, BTC has always bounced back from the lower supporting trendline, and if BTC will follow the same pattern then $14.5k could be the level. On the other hand, if BTC maintains the $19.5k support level then we can expect the rally towards $29k can take place from the present support level. All I can see is a bounce towards the $29k to $30k level to be happening soon. RSI: The RSI level on BTC is already at the oversold level and sooner or later it has to bounce back. Key levels: 1. $19k support level. 2. $14k support level. 3. $29k resistance level. Note: This chart is in a higher timeframe so do not consider this as a trade setup for scalping. I will update more on this in the coming days so stick to this channel. If you haven't followed me yet then do hit the follow icon for more interesting updates. Likes and comments are highly appreciated. Thank you.
Long
by Dexter_The_Trader
5
BTC mindset long term 3 multi year bear channels (Purple, Pink, Blue) 1 long term channel from the beginning (Orange) We did break the blue channel with a few daily closes also the major announcement tomorrow from the FED will impact the market for sure I personally am not bearish even with all the blood on the streets -- the black line is 2023 -- I see 2023 as a really bad year... not now. with mass corp liquidations about, massively effecting the market lets not get fully scared yet... My Vision maybe this summer we see low volume PA and ugly charts. the rule is "sell in May go away", summer is the worst. lets see how this goes though. (I bet the only big liquidity will be corporations dumping trying to not get liquidated) looking at the chart now seems a bit crazy but if a depression or a recession was/is happening, the US wouldn't be warning the people about it. lets step back from the media for a second and stay zen. Bitcoin always proved it self long term so please don't get fed drama. stay true and strong 1 BTC = 1 BTC I personally see atls taking off (fighting the BTC chart) but time will tell stay safe, stay zen JackS
BITFINEX:BTCUSD
by Jack-Strainer