Btcbuy
BTC Buy a break setup.Bitcoin - Intraday - We look to Buy a break of 30752 (stop at 29997)
We are trading at oversold extremes.
A break of the recent high at 30725 should result in a further move higher.
Posted a Double Bottom formation.
30725 has been pivotal.
Our profit targets will be 32598 and 33198
Resistance: 31000 / 31400 / 32000
Support: 30000 / 29000 / 28600
Bitcoin 10days Cheat sheethey everyone hope you all are doing good . i am using oscillator this time to find bottom and and i believe we have already made bottom and we could wait until july-august for another final bottom before making new highs . you can see the bottom was found around -14, -18 , -10 , -21 & -15 but final bottom i expect to be near -25 after it we will see new highs but until then i have made a cheat sheet of btc price action which can help you all for intraday levels as we going to consolidate until july. Good luck
$BTC Bullish after potential breakout and re-testBTC Successfully retested its previously broken trendline on the 12H timeframe. I expect BTC to try for 52K to 55K within a matter of weeks. Powerful reversal bar touching the now broken trendline is bullish IMO.
Both RSI and CM William Vix indicate potential reversals in the market near support zones serving as a signal for potential predicting a market continuation or reversal
*Disclaimer - I do not own or trade BTC personally. I do trade BTC related stocks and alt-coins. This is only my opinion based on technicals I see.
Is this what we have been waiting for?BTC daily candle closure is looking great. the perfect retest that i have been anticipating in the back of my mind... i am confident... i have seen this too many times. also if you look back on the weekly btc channel we retested both of our uptrend lines as shown in one of my previous charts. The weekly candle wicked right at the apex. BULLISH STRUCTURE IS STILL INTACT. And will continue to be as long as 34k holds which as of now looks promising. War is something to print FEARA IN YOU. this fear hits when you hear the rumor, not the news. thats why crashes happen before the war actually happens. You can see this idea happen from the 5 most previous wars. Also, just like you buy the rumor sell the news for bullish news, same thing happens on the flipside. Dont let fear facts AND intuition.The facts is BTC and alts have retested breakout of downtrend. All this means is confirming an uptrend.
Bitcoin BTC Analysis Good Buying SetupAs you can see at the chart, BTC is in a good buying area.
There is another buying area under this current one, and you can see it at the chart.
In case BTC closed under the first buyin area, we can buy again when BTC reaches the second buying area.
This a long term analysis and the target is a new high 72000/75000 $.