Hi dear friend Pay attention to the Bitcoin chart. 1- A double bottom is forming in the bitcoin chart. 2- The bottom of the cash flow index (MFI indicator) is growing and shows a divergence. 3- The dollar index (DXY) is forming a double top. 4- The power of buyers is also growing in the directional movement index (DMI indicator). Conclusion: Bitcoin seems to be...
Take a look at Fixed Range Volume Profile(Between April 22, 2021 and April 22, 2022) We realize that point of control or the price level with the most volume)Red line(.Has a very strong level of support. And because this support has not been completely lost over the past year. Therefore, it seems that this time will prevent more bitcoin from falling. (Of course,...
Patterns predict an uptrend According to the current price trend of bitcoin and market cap market It appears if the bullish channel continues Bitcoin will approach the price of 100,000 in January 2022 on the channel ceiling Now seems to be a good opportunity to buy what is your opinion?
With the cryptocurrency market cap rising to 1.9 and the bitcoin trend at Google rising, the price of bitcoin is likely to rise to around $ 64,000 by the end of 2021.
As shown in the chart, the slope of the price decline has decreased (from -13.78 to -8.44) Given the strong support line at 42K, the bitcoin price trend is likely to rise In order for the price to rise, the price must cross the resistance line (green drawn) and a strong candlestick will form on top of it, in which case the price of bitcoin is likely to increase up...
According to the bitcoin trend line, it seems that the upward movement of bitcoin up to 60,000 will continue in the next few days. This is my only opinion. Please share your opinions .I believe ,there's always more to learn!