this chart is almost like XAUUSD. I say its definitely on the rise, but not looking for reversals until it touches this red line... also, check out the 4 hr for possible support.
I may have been incorrect about the 20K bitcoin correction. Either that or we get a massive spike to the purple line, and then launch to new highs. We can see the RSI is below the 50 but not by much and the chart has failed to print new lows. It appears as though the bull market will be returning soon. Lets wait and see.
Believe it or not, I’m pretty sure bitcoin is going to drop to 20K one last time. Trade it wisely and manage risk accordingly. Overall bitcoin is extremely bullish, but we have important long-term goals to achieve first.
This is not financial advice, just an idea. I think price should appreciate around these levels near the arrows. good luck traders!
This is the pattern I expect to see in the next few weeks. Just an opinion. bitcoin would appear to be obviously bullish, but trading in an obvious fashion and taking trades that are too obvious, is often costly. I do believe the uptrend is strong, but, I think there will be a violent shakeout before price begins reaching new highs. Good luck traders!
the trend is your friend, we just formed a beautiful hammer on the 1 hour chart, and the monthly downtrend is weak overall. this may be the start of the new alt-coin season also. this is not financial advice. I'm also watching alphacat crypto currency.
Just trust my opinion, I don't really like explaining. At least, not yet.. good luck..
the green line is a very important price to me. its a point for very strong monthly support, and it will be exciting to see how price responds to this level. if this bounces and continues an uptrend, expect and even stronger bull market for bitcoin and others!
Possible set up for a monthly inside bar. Followed by upside movement.
JUST BUY GOLD AND DON'T LOOK BACK. THERE DOESN'T SEEM TO BE MUCH HOLDING BACK THE PRICE FROM EXPLODING. IT'S AT A LOW, THERE IS STABILITY IN THE DATE (EVEN THOUGH IT MIGHT NOT LOOK THAT WAY) AND RIPPLE IS, WELL.... RIPPLE... SO, LONG AS YOU HAVE RIPPLE AND GOLD, YOU SHOULD BE GOOD TO GO...
AMD looks very promising. just have to wait and see.
Bitcoin is the future, Gold is valuable, fiat is failing, people are starting to notice, Vires in Numeris! Buy small amounts and don't look back. GO BITCOIN!
I'm literally just messing around. bitcoin seems to have come down with a cold, and it can have a hiccup at any moment. all we can do is wait and see.
This may very well be the last time Ripple will be cheaper than a dollar. Ripple is trading with the type of volatility you see in the Forex market; Just as Bitcoin does. I expect this week to reverse to the upside with a kneejerk like reaction. If not this week than next week.
ASAFE2 needs visibility.. I hate to "sell out" or whatever you want to call it, but I see big growth for that coin. Dotcoin is bound to blow as well, just like binance coin... Long plays: pinkcoin, dotcoin, asafe2, fastcoin, dogecoin, and bitbean; to name a few. good luck traders!
The monthly trend is strong, and this is a point in price which may prove to be strong support. The Dollar is falling just as hard; and it just started. Bitcoin is in a monthly uptrend. Only time will tell.
Even if price breaks this support level, I will be buying more. I don't expect that, but, if that happens, I will expect weekly support to hold. This is a winner.