The 40000 is acting as support, many buyers every time we go below
I think we are at the yellow arrow now!
What happens next is highly dependent on the STock market as well. if stimulus is passed goes too moon
No technical reason why the gaps should get filled, why they tend to fill because we make it filled. If this gaped gets filled the buying pressure would be a lifetime chance
H&S large time frame bull it could be a buy the dip situation in bull market
The monthly chart is at critical longterm trendline which is aligned with 100 MA, a matter of make it or break it
No selling after last week pump! it might be happenning
The price is about to jump out of the range, due to fundamentals (OPEC meeting failing, Virus fears, reserve banks easing) I expect more buyers looking to gold as a safe heaven
Every Dip is bought quickly, it means bitcoin would rebound soon, It might go down to 2-3k zone but I would consider it as briilinaty buying opportunity
This is my projection of AUDUSD, however these days fundamentals are much more important than TA
BTC is forming a Hidden divergence in hourly chart, this could be a trend continuation I will buy the breakout
Thanks to FED, the triangle broke upward, this could be the beginning of bullish trend since gold is rallying now as well
If this is a H&S formation we are going to witness the lowest prices since 1987