UnknownUnicorn4304403

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I pulled up the 4hr as it is really working well with my trading set up. A lot happened yesterday and while some of it was bullish I will refrain from celebrations until we are really out of the clouds. Literally and figuratively. Bitcoin is flat out refusing to let us go below 9k. We...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin and the new month of June. I am taking a look at the 4hr today and I can say that we are really getting comfortable at this 9100 support. The bears just cant seem to take us below 9k and keep us there. I do see some obstacles on the horizon that could make it a bit more difficult to maintain this...

UnknownUnicorn4304403

Good morning again everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a pretty boring 24 hours. Not much has developed in terms of movement but we are inching closer and closer to more possible resistance that will tell us if we remain above 9k or take that plunge below 9k. We still have a lot of support below us but...

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the daily chart pulled up after a pretty flat weekend. I usually expect the weekends to be a more docile time in the markets. We did drop to 8840 briefly before recovering to 9k+ where we are sitting at currently. We are seemingly losing ground slowly but surely. The bulls seem...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a pretty dismal Saturday. We took a little plunge but we have recovered some of that ground over night. But things are looking heavy as far as the candles are concerned. We have been on a steady down trend since we peaked a few weeks ago at 10400. The bulls are...

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame up and there is quite a bit going on. I chose the 4 hr to share but the other time frames have a lot going on today as well. I am going to cover the 4hr and the daily today. The weekly is pretty calm with us still finding support upon the top border of that...

UnknownUnicorn4304403

Good morning to all my Bitcoin family out there. Today I am taking a look at the daily time frame and I can see we are standing on the edge. This is make or break for the bulls. Either we buck this resistance or the bears might just get the upper hand folks. I keep waiting for a drop that hasn't materialized quite yet. But I wouldn't let my guard down folks. The...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I pulled up the weekly chart to get a more zoomed our perspective on the situation. The weekly is very good for doing this. Like they always say... When in doubt zoom out. Well even if you arent in doubt zooming out is a good idea. You can miss things if you ignore time...

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up after a tumble over night. No sweat though huh bulls? I mean we are still above 9400 and holding steady currently. We fell back below some key support flipping it back to resistance. The infamous Bart Pattern strikes again (you go up and move sideways...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a pretty impressive day for the bulls. They took us back above some key resistances on a few key time frames and now we are sitting above 9500 which is a short term win for the bulls no doubt. The bears just cant seem to drop the price. Perhaps the...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr pulled up after a valiant effort by the bulls over night to bring us back above 9400 where we sit currently. Its nice to see that the market doesnt seem to want to give up 9k very easily. We retook some key support over night but we still have work to do if a...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up and I can see we are back above 9300. Still things look a bit grim if you look at the situation on the chart. We will get into that shortly. The weekly closes in less than 12 hours and I have been noticing that after the weekly close for the last two weeks or so I...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. I have the daily pulled up after a pretty flat night. We did dip to sub 9200 briefly only to recover to nearly 9300 once again. We are still inching our way down folks. Slowly but surely. I have noticed that lately after the weekly close I have been seeing some action. I am going to keep my eye on...

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the 4hr chart pulled up and I can see we took a little dip over night which was followed by a recovery back to 9400 where we sit currently. I am still bearish when I look at this time frame folks. There is just no way around it Im afraid. If you were to only look at the weekly you...

UnknownUnicorn4304403

Good morning everyone and welcome to my daily analysis of Bitcoin. Today I have the 4hr pulled up and I can see that the bulls are not giving up 9400 without a fight. As valiant as that fight may be I am seeing a lot of resistance above us which could stifle any hopes of climbing at this time. I see some things that leave me with mixed sentiment. That seems to be...

UnknownUnicorn4304403

Good morning everyone and welcome back to my daily analysis of Bitcoin. Today I have the daily pulled up after a pretty boring day yesterday... Not much occurred in terms of price action and we seem to be in solid consolidation at this time. I would say this is the calm before the storm... What do you need for a storm? You need clouds. Im thinking it wont be long...

UnknownUnicorn4304403

Good morning ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I pulled up the 4hr and there is plenty going on with the candles this morning. We had a pretty decent dip after that weekly close that took us below 9k if only briefly. We have since recovered somewhat which is encouraging... But is it enough to entice the bulls to jump? Are...

UnknownUnicorn4304403

Good morning hodlers and traders... Today I have the 1 day chart pulled up after dropping a bit after the weekly close yesterday. I have seen lately that the moves are seemingly occurring after the weekly closes. This wont always be the case but it is this past week. I have been waiting for a drop for over a week. Really just anticipated that one was coming and if...