BAT/BTC looking good to possibly continue the rally if it's able to hold .000027 support.
Hi guys, Pretty self explanatory. It could really go either way, but its hard for me to imagine that we don't get an alt season soon. Alts have been bleeding for a long time now.
BTC.D peaked around 73 on September 5th, 2019. After that, we saw a consistent decline to 67.5. Some money flowed into the alts during this time frame with BAT and LINK (both amazing projects, check them out if you haven't) being couple of the top gainers. However, on November 27th, 2019 we broke above the 50 SMA AND on December 6th, 2019 BTC.D broke above the...
BTC has been in an asymmetrical triangle pattern since late June squeezing the price for a possible strong break. Looking at the previous cycle we can see repeated bounces of the 21 EMA. I am expecting something very similar for this second rally of the current cycle.
Bitcoin went down to test the 10k level of support, was able to hold it and rebounded to its current price of 10,500. The short term correction can absolutely give this rally more fuel to reach 20k+ - It's still riding a parabolic pattern.
Hi guys! Bitcoin does not have enough momentum or fundamentals to turn this into a bull run. RSI has been oversold for a week on the daily chart . We will probably see a drop to 5k-6k approx then we have to find support on either the 50, 100 or 200 SMA . Then we will start riding up along with the SMAs (just like last bull run). There are also BTC ETF deadlines...