Look at this. Are you kidding me? Absolutely similar price action. I want to believe: bitcoin is not a digital gold.
Use small leverage, strongly below 3x. Use stop-loss, and take profit. Don't worry, it's ok.
Launched trade war, COVID-19 - is the beginning of the new great depression. Will Bitcoin survive? Absolutely. But what prices await us? For a few weeks buy zone is 7500-8000, then sell off at 9500-9900 - it will be after halvening, massive drop may down price to 4500 level, if this level is broken we'll see winter for few years, no ATH, no volatility, no money.
Perhaps we are making a V-bottom pattern (like S&P500 like to do). If so, then 11k are waiting for us. Good place to buy BTC, ETH, XRP and hold. The market is very strong.
This picture is very clear and nice. Don't be FOMO, try to see. Price must to go down.
I think BTC should go down to the first resistance at 100MA.
6400 is local bottom now, maybe we will never see prices lower again. P.S.: Price range drawn for spot purchases only. No leverage.
Cup and handle - bullish continuation pattern. Breakout - retest - up.
This scenario is very possible. Looking for long somewhere 8000-8500. For conservative trade looking for long after retesting the triangle. Stop must be required.
Look at ETHUSD and LTCUSD and you will see everything. Same actions.
And all these shorts are what will be fuel at 6k break. Buy low, sell high, keep it simple.
Nice long consolidation provides the potential double satoshi value in midterm holding. I see the movement of #ADA on #NEO.
Follow the volume with a great Risk/Reward ratio. Target price is 0.06 USD with a possible continuation (depends on a market conditions).
I'm waiting something like this. Looking for entry at 5k-6k zone.
I look forward to re-testing a strong support level of 6k after parabolic rise, and then we get the level of 9k in July.
Something similar we have already seen before.
Now I'm looking for a short position and rebuy at the end of the year.