Hi guys. This is my first video and I hope you enjoy it :) Hopefully I didn't screw it up again...
Bitcoin has held 9k in the end. It struggled but it did. The following analysis is about what happens if we break below 9k. If we don't break below 9k and we break 10.3k, we are going above 12k. I still believe Bitcoin isn't in a Bubble. It is a unique asset that is here to change everything. 160B dollars isn't that much. Below I have posted a chart from the OKex...
A clear bubble bursting. Technically and fundamentally. Parabolic rise in price that has no significant fundamental trigger. It will leave many behind mourning. We might see(if stuck longs are lucky) another small push to the upside, then a new collapse. The big boys has made millions and left many behind. A rise that is initially not supported or backed by any...
Bitcoin: looking for a move higher with weekly movement will bounce where will it bounce when is now 40k? 49k?
Bitcoin MARKET UPDATE Bitcoin support levels - 20500$ and 20000$ strong Support Bitcoin resistance - $20700 and 21000$ strong resistance Market depends upon Bitcoin movement so trade with risk management I updated you about Bitcoin next movement. ——————————————————————— Analysis - BTC Support is at 20500$ and 20000$ Resistance is at $20700 and $21000 Trade...
Bitcoin after breaking the short resistance could make a brief rally to 25k ish
As part of my overall DCA program I have to buy this support. I know everybody is calling for much lower prices but I am compelled to add to this support. Sorry bears.....
If this channel holds we should see a bounce off the bottom around $43,500. Good Luck!
Bitcoin on daily time frame is at a really important support, looks we have a bounce from here
I published this same chart months ago. It is one of my favorites to track. The similarity between 2013 and 2021 is encouraging for the bulls. The original chart is linked below. Enjoy! BBS Out!
Bitcoin is so cool on 6H ime frame and looks like the back test was succesful aswell
Nothing else has worked lately but this triangle still looks promising on the daily. I've been continuing to buy the dip and HODL so my current DCA is now $8,427. I just don't have the resources to get it over $10K anytime soon. Maybe if the price touches the bottom of this triangle again before breaking out I'll have a few more bucks by then to throw at...
If this weekly ascending triangle plays out it could take several weeks/months to complete. If it does, however, the upside will be tremendous from here. Over a $50K increase from our current $45K-$50K price range. BBS Out.
Major pullbacks suck, but so long as the daily closes stay over $40K you can see the Bullish trend can continue. Still long, and very grateful that I do not trade with leverage. My leverage is simply stacking more Satoshi than I had before which multiplies my gains when the price eventually moves up again. BBS out.
I just bought the dip under $54K - This channel looks pretty solid to me. We'll see..... BBS Out.
If correct, this pattern should break North. Still very very long..... Good luck!
Bitcoin has two important areas to complete the wave B and i think after that it can start wave 5.