Bitcoin broke the 40k support. The next support we should see would be about $36k level.
Bitcoin had reached the projected level of about $40k. Currently it is an important level where every Bitcoin trader will be looking at for support to buy the dip. If the support level fail, then the next level is likely at $36k. It will be volatile as there may be false breakouts to trick traders.
Bitcoin went into consolidation mode. Looking at the volume profile, there seems to be higher buying / selling volume at this level. So it's waiting to either burst up or sell down. Gonna be neutral here though most likely bias towards the downside.
bitcoin still on track to push towards the $40k level. So do look out for more bears.
Hi guys, before we get excited on bitcoin preparing for the next big move, we may still see a further downside towards $40k first. We will need to break the resistance of 51,800 first. So do stay cautious.
I had 2 scenarios for bitcoin to play out on 25 Dec 2021, one is to break out of 52k, while the other is falling back to 50k. So it plays out and it's back towards the range of 45.7k. If it continue to break below, we can look forward to 40k level.
It would seem that Bitcoin is in consolidation and it could be another attempt to break down Bitcoin to $40,000 level. It might consolidate till the end of year or there will be a sudden move before the end of the year. There seems to be an increase in interest for bitcoin shorts.
It would seem that despite the big bounce it doesn't seem to portray a V-shape recovery. That could mean that it could consolidate again or slide. And it seems Bitcoin shorts are slowly increasing.
Well well, the whales were indeed doing a distribution and then crash all cryptos. Will we see a buy back? The shorts may not end yet but it seems to be a good level to average in at the support.
Bitcoin is still in consolidation phase but I see shorts are increasing.
We are still in consolidation for Ethereum. Long term investors can look for low to DCA.
Bitcoin is up but we still see a resistance at $59k. Short term traders can look for trading opportunities.
Bitcoin broke the support and now in consolidation phase. I should see a continued break and drop to the $50,000 level in December. The thing is everyone is waiting for the huge rally in December. Will it come true?
Bitcoin went up but met with resistance. Seems to stuck in a consolidation. But more and more shorts piling up.
Bitcoin on support so we see if it will break down further or form a double bottom.
Seems I was wrong about consolidation. So this is an updated view of where Bitcoin price may end up in near term.
Bitcoin hit support at about $59,000. So we might see a consolidation of prices between $63,000 and $59,000 till the end of year. We might be seeing actually a distribution phase before a crash again start next year. I estimate the next target of around $48,500. Let's continue to observe.
It seems that Ethereum is breaking out of channel to the downside. Are the whales pushing down the prices or is this the end of the crypto bull?