CMW53

CMW53

In the Daily Chart for Bitcoin we can see a possibly emerging bullish cross in the LMACD indicator, which in the last 2 scenarios resulted in 125% and 100% rise of the Bitcoin price. Right now it is most important to hold the $46k-$50k support to be sure the recent correction is finally over. In case the RSI should fulfill another clear bullish cross like the last...

CMW53

After we have seen the 20% correction which I predicted yesterday, I decided to publish another chart with my opinion on the upcoming moves of Bitcoin. Over the last month we can see on the chart that everytime we had a 10-30% correction, we saw a 30-50% rally from the local low to new ATH's. In my opinion, such a rally is also possible next week, since we just...

CMW53

According to my personal analysis we should definitely see a 10-30% correction with BITCOIN in the short to mid term, which could make a correction to $29-30k possible. How far the price will drop depends on which resistance zone will hold under the pressure and how many $ in longs get liquidated, but I don't expect the price to drop more than 30% yet. In my...

CMW53

BTC 4h chart will probably see the next MACD bearish cross very soon, resulting in a 10-20% correction as seen in the last bearish crosses since december. Could be a good opportunity for further accumulation.