Bitcoin has not broken the trend line and also got a nice bounce of 30%.
Will we touch 5.7k before moving out of the bear market? We bounced even with low volume from this point previously. 5.7K is at the end of the descending triangle pattern. If we break this support we will extend the bear market well into 2019. If we bounce of it in January - February then we will see bitcoin at an all time high in December 2019. This is just...
Keeps bouncing off 20EMA in 1h and 2h also. Can we touch 7800 before correction or will we be heading down soon? Market is very hard to judge because people are buying the rumor of CBOE and Blackrock (ETF). Guess we'll see major changes after the SEC announcement. Trade safe :)
Not much to say, we need extremely good news for investors to buy.
Good day Guys, The circle to the right has shown us that the sharp downtrend of December High has been broken. The second circle is where I believe we would have a breakout. It could also crash but then it would mean the end to the $400B cryptomarket :) (AI analysis is 70% up, 30% down) The weak bullish cycle we are seeing is within the triangle keeping...