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Btcsignals

BITCOIN Alignment of Cycles is the Ultimate Cheatsheet!We have done similar studies before, aligning past Bitcoin (BTCUSD) Cycles to get a projection of the current one. We have used Halvings, Peaks, Bottoms etc but this is the first time that we don't just use everything into one mega analysis, but also incorporate the Fibonacci retracement and extension levels that show not only the Buy Zones put also the peak projection, making this study the Ultimate Cheatsheet! ** Cycles Tops and Bottoms ** The chart is pretty much self-explanatory. The time-frame on the 1W (weekly) and the starting point of all Cycles (we use the past 3, the first one is too aggressive to be relative for conclusion on this study), is their respective Tops/ Peaks. We didn't distort any Cycle, all are just they way given by the Bars Pattern on their log scale. The orange trend-line represents Cycle 2022/23 (the current one), the black trend-line represents Cycle 2018/21 and the blue trend-line represents Cycle 2014/17. ** Cycle Convergence - Divergence and the Buy Zones ** As you see, their alignment during their Bear Phase of their Cycles is remarkably tight, as the don't diverge by as much as one would expect. With the use of the Fibonacci levels, taking as Fib 0.0 the bottom of the 2018/21 Cycle (Black), we can designate two Buy Zones: The first one within Fib 0.382 - 0.236 and the Ultimate within Fib 0.236 - 0.0. As you see the current Cycle made a bottom and bounced just over the Ultimate Buy Zone. What's really interesting, is that the 2014/17 (Blue) and 2018/21 (Black) Cycles always converged after a divergence, which simply indicates the standard nature of the course of each Bull Cycle. We have to mention at this stage that the big divergencies of the 2018/21 Cycle was first on the April - June 2019 rally due to Facebook's Libra enthusiasm/ speculation and second September - March 2020 due to the massive money printing and rescue packages to stimulate the economy from the COVID lockdowns. ** The amazing Halving Symmetry ** We have also incorporated the Halvings and as you see the symmetry is astonishing as all there are within a 2 month range. Halving 4, which is the next one is in the middle (May 2024), Halving 3 is on the left (May 2020) while Halving 2 is on the right (July 2016). This is just another demonstration of Cycle stability. Keep in mind that the Halving events are major cyclical events for Bitcoin as they cause a Supply Shock, thus stimulating the Demand. It is no coincidence that the Phase of the Parabolic Rallies has always started after the Halving. ** Where will this Cycle Peak? ** As for the projected peak, since every Cycle offers diminishing returns, the Peak is (or should be) lower each time. The 2014/17 Cycle (Blue) peaked on the 2.618 Fibonacci extension and the 2018/21 (Black) peaked on the 1.618 Fib. The next range in line is the 1.382 - 1.236 Fib Zone, which is approximately within $100k - $132k. A projected path (orange dotted line) to this Target Zone doesn't again diverge much from the other Cycles. We have to also account for outside fundamentals/ news, moving the projected trend higher if news like those in 2019 (Libra) or 2020 (stimulus) inject a new wave of enthusiasm into the market. For that reason, we have added a projected path to an extremely positive scenario (see chart below) than trends in the middle of the Black and Blue Cycles and shows a Peak above Fib 1.618, roughly above $250k. Unrealistic or not, it is a projection taken from this specific model. Do you think this is the Ultimate Cheatsheet for Bitcoin or not? Feel free to let us know why in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
7
BITCOIN is having a consolidation similar to December.Bitcoin (BTCUSD) got rejected yesterday on the 4H MA50 (blue trend-line) and fear seems to be returning to the market for no particular reason. The price is above both the 4H MA200 (orange trend-line) and more importantly the 1D MA50 (red trend-line), which is the long-term Support during bull runs. The STOCH RSI on the 1D time-frame made a Bullish Cross inside its oversold Support Zone and the last time we had a similar occurence was on December 20. That was again with the price below the 4H MA50. It consolidated until December 30 after which Higher Highs/ Higher Lows started, until the Parabolic Rise of January. The Bars Pattern of December - early January fits very well the price action from January 20 until today. In fact it matches perfectly a projected contact with the 1D MA50 (which as mentioned is the long-term Support) and timing a January-like rally ideally. A +30% rally from yesterday's low gives a medium-term target of $29000. Would you agree? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSD
by TradingShot
26
BITCOIN 1W Supertrend is bullish and not looking back!We have used the Supertrend indicator on Bitcoin (BTCUSD) extensively, especially on lower time-frames with great accuracy. This time we take a look on the 1W chart where the Supertrend has been green since the second trading week of January. Throughout BTC's history every time the Supertrend turned green after such an RSI rebound, the bottom of the Bear Cycle was formed. The strength on such Supertrend rallies is normally so strong that the price typically rarely breaks or more importantly closes below the supporting line (floor). Bright exception has been of course the build up to the 2022 COVID crash (which as mentioned countless times is a 1 in 100 years event, thus an irregularity). This 'floor' of the Supertrend has now been lifted to $17240, which was unthinkable in e.g. December as it was a Resistance. Traditionally we don't see immediately pull-backs to the floor on the first Bull Cycle rally. Instead, when the price breaks above the 1W MA50 (blue trend-line), BTC has always reached the 1W MA100 (green trend-line) before a major Bull Cycle pull-back. The 1W MA100 is currently at 36150 (and falling). So with the 1W MA100 around 36k and the Supertrend's floor at 17.2k and rising, does that look like a solid Risk/ Reward ration trade for you or not? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
20
BITCOIN Perfect structural repeat of the 2019 rally?On the previous analysis we talked about Bitcoin's (BTCUSD) emerging Golden Cross on the 1D time-frame and how it is clashing with the emerging Death Cross on the 1W time-frame. Well the 1D Golden Cross has been formed today and automatically draws our attention to the 1D Golden Cross of April 23 2019. This was formed just after the early 2019 rally begun. So the question that pops out is this: 'Is BTC repeating this rally?'. So far we can surely say that the structure since the November 21 2022 bottom resembles almost perfectly that from January 29 2019 to April 23 2019 and that 1D Golden Cross. As you see on the chart, both sequences started with a Channel Up on the 1D MA50 (blue trend-line), then consolidation before a hyper aggressive wave that broke above the 1D MA200 (orange trend-line) that later formed the Bullish Megaphone pattern that led us to the Golden Cross of today. RSI wise we are on the very same Bull Flag along the price's Megaphone. Following the Golden Cross, the 2019 structure rose another +150% from the day of the Cross to the June 26 2019 High. Obviously that rally isn't easy at all to be recreated as it was additionally fueled by the Libra fundamentals and a +150% rise from today's lows would put the peak of the rally at $57000. Unrealistic or not, it is yours to judge, so feel free to let us know of your opinion in the comments section below! Are we repeating the 2019 rally? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:BTCUSDLong
by TradingShot
18
BITCOIN 1D Golden Cross vs 1W Death Cross. Which will prevail?Two major technical events are about to be materialized for Bitcoin (BTCUSD). On the 1D time-frame a 1D Golden Cross, which is when the 1D MA50 (blue trend-line) crosses above the 1D MA200 (orange trend-line), is about to be formed, while on the 1W time-frame a 1W Death Cross, which is the opposite, is about to be formed. So what do those conflicting formation tell us? And which one will prevail? We decided to view this through the dominant technical patterns available. As you see right now the one that stands out is an Inverse Head and Shoulders (IH&S), which is a pattern typically seen on market bottoms. This is one of the drivers that guide BTC at the moment. In similar fashion, it was a Head and Shoulders (H&S) pattern that formed the November 2021 market top and initiated the Bear Cycle. The symmetry on that pattern is remarkable as the price dropped -52.50% from the H&S top to the bottom of the Right shoulder, and another -52.50% from that level to the bottom of the Bear Cycle. Similarly, depending on where the IH&S neckline is formed, we expect an proportional rise. If the neckline is formed on the best case scenario a little over the 1W MA50 (blue trend-line) at 27000, completing a +73.80% rise, then another +73.80% would put BTC's next bullish wave to around $47000. If on the other hand the price peaks now within the green neckline and just below the 1W MA200 (orange trend-line) completing a +56.50% rise, then another 56.50% would but the top of the next wave at around $38500 before the next pattern emerges. It is not unlikely to the medium-term High here as based on the 1D RSI Bearish Divergence (being on Lower Highs against the price's Higher Highs) indicates that the rally is losing strength. The 1W RSI however marginally missed the 60.00 mark and indicates that there is still room for the rally to grow before it turned overbought at 80.00. Which one do you think will prevail? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
5
BITCOIN The potential Resistance in 2023 based on the DXY.In continuation of our recent BTC-DXY cross comparison studies, we will quickly bring you today a trend-line that may have gone overlooked and can pose a real Resistance to Bitcoin (BTCUSD) in 2023. As you see, if we exclude the March 2020 COVID crash period which is a non-technical irregularity, there is an underlying trendline on both assets, which on Bitcoin was the Support since late 2016 while on the U.S. Dollar (DXY) was its Resistance. A more controlled rise/ decline respectively may provide the true Resistance level in 2023. What are your thoughts? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
19
BITCOIN Major bullish signals aligned.Powell's icing on the cakeLots of euphoria yesterday after Jerome Powell's Press Conference where he gave the markets what they wanted to hear regarding future policy and how inflation is under control. The rates got increase by +0.25% but on a lower rate than the previous meeting. This may just be the icing on the cake for Bitcoin (BTCUSD) as technically we are close to three major indicators aligned for a huge triple buy signal. We have moved up a time-frame to 3W to see an even longer term perspective that successfully filters out all the noise of short-term fluctuations. As you see, the RSI is already above its MA, the LMACD should complete the Bullish Cross on the next candle while STOCH is just below the 49.50 level. This is the last hurdle to overcome before BTC issues this triple buy signal as it is the level where STOCH got rejected on June 2015 and delayed the rally for another 2 months with one last low. However the LMACD Bullish Cross was formed after this low so if we get it on the next candle then most likely STOCH will be above the 2015 rejection point as well, or it will be invalidated. Will this final alignment put the new Bull Cycle beyond doubt? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
9
BITCOIN The new Geometric Cycle has begun. $150k within reach.Bitcoin (BTCUSD) is rebounding aggressively after the LMACD on the 1W time-frame hit and bounced on its historic Support that formed the 2015 and 2018 Cycle bottoms. This suggests that the new Bull Cycle has begun and to keep a better perspective, we have plotted the Geometric shapes from bottom-to-top. Along with the Ichimoku Cloud and Fibonacci MAs, they paint a fair projection of where the price will trade to from now on. First consider that the next Cycle bottom could be around October 2026 if the (approximately) 1430 day (205 week) time range holds. The next (and final according to this model) bullish confirmation of the new Cycle is the price entering the (red) Ichimoku Cloud. When this happened in June 2012, October 2015 and May 2019, the Bull Cycle never looked back (obvious exception of course is the March 2020 crash due to COVID). Then a break above Multiple 3 of the Fib MAs, will most likely kick-start the Parabolic Rally (but most likely this will be after Halving 4), as it has done during all previous Bull Cycles. A nice touch of the current study is the plotting of the past Cycles inside the projected current one. With its geometric adjust, all fit fairly easily within. On average, we should see the next Cycle Top around August 2025. Do you agree with the above? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
7
BTCPERP NEAR FUTURE ANALYSIS (4H Chart)Technical Analysis Summary BTC/USDT TREND ANALYSIS We have 1 Downtrend in red color (Short Term). Be careful trends need to be modified when broken to the new peaks (Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice Exercise Proper Risk Management
BINANCE:BTCUSD.P
by husseindergham
BITCOIN Yuan and China bond yields point to a mega rally!This is not the first time we emphasized the strong correlation of Bitcoin (BTCUSD) with Yuan (USDCNY) and the Chinese Bond Yields (CN02Y and CN20Y). We made an analysis right in the aftermath of the FTX crash, indicating why those indicators have all aligned, paving the way for BTC's new Bull Cycle. As you see that happened and this time we incorporate the element of CN02Y/CN20Y. This shows that every time the ratio's Lower Highs broke in the past, Bitcoin started the first phase of the Bull Cycle. For shorter or longer periods, this was achieved within a Channel Up (green). Right now we have started the new one. Adding the fact that every time the USDCNY topped and dropped as aggressively as it has been doing since October 24, Bitcoin has started the most aggressive part of the Bull Cycle, the parabolic rally. This mix is incredibly bullish for Bitcoin technically and it prompts to a mega rally next, the likes of which we may have not seen in the past. Do you agree? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
1
BITCOIN This is the Bullish Cross that will take it to $33kBitcoin (BTCUSD) just made a hugely important and unique Bullish Cross on its LMACD. Those who follow us regularly over the years, know that we like looking into assets (and Bitcoin in particular) from different time-frames that provide a more spherical overview of the market and the direction. This time we analyze the 15D chart as it just formed a Bullish Cross on its LMACD indicator. This is a very rare pattern which below the 0.00 (LMACD) level has always formed straight after a Bear Cycle Bottom. Even during Bitcoin's first Cycle (2011/12) and the March 2020 COVID crash, the Bullish Cross was formed marginally above the 0.00 level. Now the 1W MA50 (red trend-line) comes into the spotlight, as it is the Resistance to beat. Every 1W MA50 break following a 15D LMACD Bullish Cross, hit at least the 0.5 Fibonacci retracement level in a maximum of two weeks. We can make a case about the 0.618 Fib as well, which failed to get hit only marginally on October 28 2015. As a result, with the 1W MA50 currently at 25615, we can expect another sharp 2-4 week rally once BTC breaks it, that will target at least the 0.5 Fib at $32900 with a riskier extension being the 0.618 Fib at $38900. What do you think? Has this 15D LMACD Bullish Cross shaken your last bearish bias and if so, will you buy the 1W MA50 break-out confirmation? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSDLong
by TradingShot
14
$BTC BEAR MARKET/RECESSION OUTLOOKMy realistic estimate would be that $BTC continues to rally at least to $25k, possibly even $28-30k as this is likely going to be a strong resistance level, then, if/when Q1-Q2 earnings are awful, it dumps back down IMO to $13.8k. I think the bottom could be as low as ~$10.8k or as high as ~$15k (approx. previous low, double bottom), however, I feel that $13.8k is the most likely between these 3 targets. I would reconsider bearish position if we break above the $28k-$30k level and hold it at support for a monthly close.
INDEX:BTCUSDShort
by sacred73yt
1
BITCOIN is massively undervalued and here is why.On this 1W time-frame analysis we make a case why Bitcoin (BTCUSD) is massively undervalued in relation to a technical factor as well as the effect that the U.S. 10 Year Government Bonds Yield (US10Y with the black trend-line) and the U.S. Dollar Index (DXY with the green trend-line) have. Bitcoin's rise this week may come as a surprise to most but it is no coincidence. The 1W RSI has been on Higher Lows since the mid-June 2022 Low, while BTC has been trading on Lower Lows. This is a technical Bullish Divergence and a lengthy one. The times the 1W RSI prints Higher Lows sequences that low, have always been Bear Cycle Bottoms. At the same time, we see the US10Y and the DXY (aggressively) decline simultaneously. The previous four times this happened were on a Bitcoin (aggressive) rally phase. The fact that we get those two occurrences taking place at the same time, simply shows the underlying strength on the market at a level that macro-economically is treated as a market Bottom. Possibly indicating that if it wasn't for last year's fundamental crashes of FTX and LUNA, the price potentially would have already been much higher, showing how deeply undervalued BTC is right now. Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
3
BITCOIN Happy New Year! 2023 the Year of Recovery?First and foremost on this second trading day of 2023, the TradingShot team would like to wish everyone on this community a Happy New Year, may each and everyone's goals be achieved! 2022 ended, took a whole of negative fundamentals with it (war, LUNA, FTX) and closed the yearly candle in (deep) red. As you see on this 12M (12 month) time-frame, Bitcoin (BTCUSD) had another two red 12M candles throughout its history and naturally those were the Bear Cycle years. Three green yearly candles followed after 2014 just as another three after the 2018 Bear Cycle candle. Technically, the year that follows the red 12M candle is a recovery candle that hits and closes around the 1W MA100 (yellow trend-line). That level is currently at 37627.10 and running flat (sideways). Do you expect history to repeat itself following the 2022 Bear Cycle candle and close 2023 around $37k before the Bull Cycle really takes off? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
14
BITCOIN always rallied when these 3 indicators alignedThis is our last Bitcoin (BTCUSD) chart for 2022 and brings together the CN10Y (purple line), the U.S. Dollar Index (green trend-line) and the LTCBTC pair (orange trend-line). We've mentioned countless times in the past the importance of the DXY on Bitcoin and the strong effect that Litecoin (LTC) has as a leading indicator. Recently we've also made cases of the strong correlation of China's Bond Yields with BTC. This cross study brings together all three and compares their price action against BTC. As you see, since BTC's early days, every time the CN10Y made a V-shaped reversal and started to rebound breaking its Lower Highs trend-line, while the DXY started to fall after a rejection on its Higher Highs trend-line and the LTCBTC pair broke above its Falling Wedge, Bitcoin was in the early stages of a hyper aggressive rally. With the stock markets not at their best but having posted a 2 month recovery, while the cryptocurrency market's credibility viciously hammered by the FTX and LUNA collapses, will this strong 3 indicator emergence be enough to put Bitcoin back into long-term bullish territory? Feel free to let me know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
INDEX:BTCUSD
by TradingShot
6
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- BTC effectively breakdown the ascending triangle following the downward move. As of now, it is holding over the marked low of $16,559. If bulls won't show strength here, then the downward move will continue toward the horizontal support or the lower marked strong low support. For the bullish confirmation, bulls need to break out the horizontal resistance around $16,940 with a retest above it to confirm a decent bullish rally in the market. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
2
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC/USDT 4Hr chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-BTC successfully bounced after taking some correction and hunting stops below the mid-range and this could be the completion of the corrective wave. Currently, bulls are showing momentum and a move above the previous high of $17,424 with a retest above it, would be the indication of the continuation of bullish impulsive waves. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section.
by CryptoSanders9563
2