So far, we are maintaining good support on the trend line. If we do make some correction, I first look at the Demand to buy and if it does not hold as support then I look at the S/R zone below it. We do see some bearish divergence on the daily chart but this does not mean that this will play out. Let us wait for the weekly close first.
Are we going to see a small pullback or do we fly sky high........to the mooooooooon!!!!!!1
We are still pushing against resistance and continue to test it. Is there enough strength to break it and continue the run upwards? Or will we still get the correction?
We can see that Bitcoin is experiencing some downward pressure and that support has been broken for now. Are we going to make further correction and find the zone around $53500 or still a zone lower. It would not be bad after the long bullish trend. Let's catch our breath and look for new buyers. Let's go!
BITCOIN TODAY! I am still bullish on the bitcoin chart despite some bearish signals. We have maintained nice support on the trend line so far. As long as we do not close below the red box with a candle close 4h I will remain in my positions. As soon as we close below it I will look for new entries a lot lower.
We are almost there. Let's see what happens.... Are we going to get a pullback or will we shoot straight sky is the limit and never see 64K again?
Ethereum is also doing very well and will now test day supply. I wonder if we will also go through this right away or if we will see a small correction, which would not be bad. Ready to go.....
Bitcoin remains very strong. Day supply we have now completely broken through as well as the upper trend line. Let's see what today's day will bring..... A new ATH is now getting very close.....Let's go BTC
Bitcoin is now in the daily supply zone and we are experiencing quite a bit of resistance here. We are also seeing a falling wedge here and the upper line is also resistance again?!?!! Bitcoin still surprises me every day but I rather expect a correction towards 45-50K to rise again from there and making a new ATH.........but Bitcoin will remain Bitcoin
What are we going to see. Straight into the green or will we still get an extra dip for the alts and see red?!!! A correction does give you extra opportunities!
We have seen a very strong upward movement for bitcoin over the last few days. We have gapped the supply and are now finding support at this zone. Supply is expiring and let's see if we can hold this level as support. 53K we are coming!
Can we now start using the break of the trend line as support. If so, I expect another big pump. After hitting the demand zone we have risen almost 100% in a few days.......nice nice. The power of Supply and Demand.
Nice break of Bitcoin so far.Levels I'm looking at right now especially are the demand zones and certainly the demand we're in right now $44300-$44950 Does it manage to gain $45000. Would be back very bullish.
What can we expect from Bitcoin in the coming hours/days. We are still in the s/r zone and may be able to speak of a falling wedge here which is a bullish preset pattern however this is certainly no guarantee of further rise and there is still a chance that we will retest a level lower. Let's see!
Are we going to hit the golden pocket of the fib as yet? I will definitely buy additional Bitcoin there again for my hodl position. Let's have a look!
We see re-test of the supply which has thus become a breaker. Nice nice. BNB chart still in play!!!
Our chart from yesterday on Bitcoin still in play!
We are not in the VOID yet but it looks good so far! Let's go BNB