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Bitcoin | 60-Day OutlookYou may wonder, where did I get this price path prediction from? I audited the entire chart of bitcoin from when it was created to now. Compared every top, bottom and consolidation move to present. The one you see here does not accurately predict the EXACT price it rejects, supports from BUT, it has predicted the last few months of price action for me so far. First target is FWB:88K Second target is $85K-$84K then a bounce back to $105K and a drop. For the next few months, Bitcoin is going to be volatile and consolidate during its top formation.
COINBASE:BTCUSDShort
by LeapTrades
1
BTC inexperience getting rolled - 2 ways use stairs to TPBottom's In don't get rolled down the stairs learning to walk. Many people high on bull market gains want to imagine that anything under 100k is a deal in todays market. It may or may not be but commiting yourself to a position without confluence and TA or a news event is a great way to lose your footing and take a fall. Wait for a bounce on the higher timeframes since we have been trending downwards for over a week and havnt been able to set any new market structure. Smart money bearish FVG Gaps were rejected and price is headed down on the weekly. We are looking at a LONG at around 85 to 83 off the the 1D 200 EMA, It will need to stand as support with confirmation from indicators and Volume. It will bounce and retest quickly smart money is already in place to accumulate in this area. PREVIOUS IDEA
by dasBoot
Bitcoin and altcoin overview (January 30-31)Yesterday, Bitcoin attempted to resume its downward movement from the $103,000-$105,600 sell zone, but the buyer fully absorbed it, forming local support. At the moment, we have reached the upper boundary of this zone. The seller is not showing any activity, so the priority shifts, and we now expect a move toward the next resistance zone. Sell zone: $107,000-$109,000 (volume anomalies) Buy zones: $103,800-$102,000 (buyer absorption) $97,000-$94,300 (high volumes of the global range) $92,000-$90,000 (volume anomalies) $89,000-$86,300 (accumulated volumes) Interesting altcoins Yesterday, DEXE experienced a sharp drop, forming a zone with a significant number of anomalies. The seller failed to resume from key levels, so we are considering a long position upon a retest of the $15.4-$14 support zone.
by Crypto_robotics