btc have bounce of 3 support at the perfect area to join confluence 1) btc held the 16300 horizontal support that was in the area of the 2017 all time high 2) it has also hit the trendline that started from around 30k to 15k 3) btc macro trenline was a major support that started from 2017 to 2022 and if u look at my chart analysis i have marked the area where btc...
Looking at the 12k to 14k area. Strong support around that area. Dow Jones and sp500 on the two has hit the 50 area and in previous data it has always went on another bull run from that point. Btc always loses 80 too 95% before capitulation. The yellow box is where I think it will happen
Every bear run btc loses 80 to 90+ percentage we are coming to an area where buyers are stepping in and i think capitulation could be in the area of 14k to 12k. Support looks strong at the yellow box
i think its a great area to buy because its near the macro trendline. also the bottom of a channel. looks like it could go sideways for awhile
BTC has broken out of a long downtrend and has retested and held then made what looks like a double bottom. Also touching the macro channel then bouncing off. i have marked an area when the volume was low with a big red or green candle came after to indicator bears or bulls making huge moves and we seeing it again at a good area to long.
BTC has broken out of a long downtrend and has retested and held then made what looks like a double bottom also touching the macro channel then bouncing off. i have marked an area when when the volume was low with a big red or green candle after to indicator bears or bulls making huge moves and we seeing it again at a good area to long.
btc has hit the bottom of a channel and made what looks like a double bottom and now has volume coming in. looking bullish and with all the noise involving ukraine with btc its getting momentum
BTC is in a channel and has hit the bottom of the channel. and its macro trendline. has found support and is at the 0.5 fib area. so this area I consider a good area to long but at the moment there is not enough signal to buy. i marked the area in blue from the first leg up and marked the area in the macd in blue to show a inverse head and shoulders showing...