Bitcoin has finally broken out of its upper price trend line, proceed with caution with long entries due to the dollar index still continuing to trend higher.
BTC 4hr with CCI and MACD along with Hull suite, holding close to upper price trend line.
Bitcoin has yet to break out of its pennant formation.
Bitcoin printing same chart fractal pattern as last month before going over a cliff, its highly possible there is still more red to be shed. On the positive side could be in the early stages of new bull cycle and most definitely great buying options.
BTC hits the price trend line and struggling to break through.
Great trade opportunities coming bitcoin heading for bottom of price range channel by early next week could see another leg down.
Shortly after midnight the dollar being pumped and bitcoin starts its downtrend, what goes up must come down. As soon as dxy gets exhausted and confirms trend reversal would be optimal buy in btc opts. Bitcoin is most likely going lower try not falling into the FOMO and you will get a great price entry.
Bitcoin hit the target price range around midnight then ran out of fuel and just as the dxy begins its pump bitcoin heads for the lower range target 18900. Chart is printing similar pattern as last month right before falling off a cliff.
CCI and MACD 1hr will bitcoin break out or has trading been exhausted for the day?
The incoming weekend will be telling in which direction, btc will either breakout or more continued downside! Price range to break is 18900 lowside and 20420 "highside"
BTC in oversold territory but who has money left to purchase?
CCI and Macd short term price movement btc rolling over possible bottoming structure fractal forming