Still consolidating from the all time high. But I noticed a trend that many probably many have: 1 day rising support level $5750 June $5856 July $6103 September $6200 October
Long term price action on BTC, halving occurs every four years. Price is heavily dependent on this feature. Invest what you can and DCA.
Im buying back into my long term bitcoin position ranging all the way back to December 2018. Looks like we are making major pivotal moves to the upside and looking at the triple MA - price remaining above these averages would create super bullish movement to the upside.
Bulls and bears welcome ! Just a new updated reference to those who wanted a chart since 2013. The mining block reward on bitcoin cuts 50 percent every 4 years. 50 to 25 Block reward 2012 25 to 12.5 block reward 2016 12.5 to 6.25 block reward 2020 I am not a financial adviser. This is a long term chart of bitcoin, I included include the 2014-2015 bear...
Stock market is overbought. Not sure when but tread carefully for the next 1-3 years
Look for a squeeze at around 6800. The triangle is tightening and the price has to gap up or down. Tread carefully. I'm long 5-10 years but buy on the dips. If you're short term I'd set a stop around 6100 depending on your risk appetite. Long term hodlers, stay the course and buy when ya can. Peace
Wedge pattern continuing to coil inside resistance and support. I am biased and hold BTC long term but for a new buy I would dollar cost average into this trade on a weekly basis. Getting some entries around $6300 would be ideal. We can only see how this will play out during the next 30-45 days should determine if we break up or down. Resistance around...
Just a reference to those who wanted a chart from 2014. The block reward cuts by 50 percent every 4 years. Cheers and hodl
RSI MACD cross price moves: Green vertical
I think the entire stock market is overbought. On average an economic recession occurs every 7 years, the last recession was in 2007/2008. 21 trillion of debt, massive stock buybacks... A lot of people make this point and yes it is valid on average. I believe the Nasdaq is overbought above 80 RSI from a TA point of view. This entire explanation could be 1,000...
waiting for the 2 week macd cross, treadcarefully
neutral but starting to buy in. needs to stay above 6300 or else 3-5k low. if not the must retest 6700-6800 in order to move to the 7000 level