Bitcoin vs US Dollar Forum & Chats (FUSIONMARKETS:BTCUSD)

8 minutes ago

Too many self proclaimed analysts here
It just does not work with all your little charts
And etc
Just a little rumor this morning pumped the value of coin

DullerCloud69

23 minutes ago

While I am showing the macro targets, may as well include the previous ATH profile as well. We can clearly see price has slipped under that 86.9 value area high and rejecting off of it repeatedly. If 86.9 cannot be reclaimed, we will definitely see 69.5 and then likely 63k area. 52k is the must hold level to realistically not see a lot lower prices(30s-40s area). 52k is also a good level to start DCA'ng in for spot buying.

DullerCloud69

29 minutes ago

I want to share this profile as well pulled from the swing low last year at 49k. Our major targets lower are the previous ATH at 73.7 of course, 72.3 area at the 618, the value area low of 69.5(This is going to be the big one), and then those last large volume nodes from 57k to 64k with a focus on 62.3 area. If 57k is lost, it can drop pretty quickly.

DullerCloud69

37 minutes ago

The value area low of our previous range at 81.7 and POC at 83.3 are going to be the key levels of resistance I am watching to enter into a new short and are solid long targets for those in longs. If 81.7 is flipped to resistance, then we certainly expect a lower low to come. Hitting the POC or higher could possibly allow a higher low to come, but I sincerely doubt it. Personally I am not longing in this environment and will happily miss those gains until a great setup appears below.