btc have broaked a very strong support so in my expection it will re test then gonna down we will see it under 10000 soon
on the weekly it show'd bitcoin just bouncing off the 21 SMA. On this daily chart it looks like it may come to this buy zone on the FIB before making another climb higher. Looks bullish to me on the weekly and the daily. if the daily can come down the next few days or so we can scoop up come SATs and chill.
BTC saw an amazing bull run at the beginning of this year but failed to retest vital support around the 6-6.5k region. I believe we should see a retest of the 6-6.5k region with possible wicks potentially pushing as low as 4800. Once the 6k region is met we will have formed a huge inverse head and shoulder pattern. 6.3k also lines up with the 61.8 fib. After a...
Another long-term view and possible scenario of the BTC-USD movement.