BITCOIN SITS ON CRITICAL BULL MARKET SUPPORT!!!

11 Feb

Good day Traders and investors,

Bitcoin at the moment is sitting above VERY CRITICAL Bull market support band. In my opinion, this support needs to hold it there is going to be another leg up.

I want to add this is likely the last time it will hold this line as support. It will not play such a big roll in the future other possibly serving as resistance to the tops or top.

Please keep in mind I as talking about closing above support, so... yes it can wick down. Weekly and monthly closes are very important. If this level is lost with a monthly close, then I would call t his bull run over. Yes, it's that important.

The top shows the entire trend line, and on the bottom is the same line, just zoomed in o the daily.


Please feel free to ask or add anything down below
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Kind regards,
WeAreSat0shi

11 Feb

Nota

28 Feb

Dagangan aktif

Support broken, what next? is it over or a bounce after this reset? Regaining this support line will for sure be bullish, it it gets rejected, then it could mean lower prices could be coming.

1 Mac

Nota

BITCOIN BROKE THROUGH THIS LONG TERM SUPPORT, WHAT NOW?

1 Mac

Nota

BOUNCE FOR NOW. LETS SEE WHERE IT GOES AND HOW IT REACTS TO THIS SUPORT LEVEL IF AND WHEN IT REACHES IT

1 Mac

Nota

Yes CKB wahoo I agree. We are in distribution and rotation phase.

1 Mac

Nota

Zoomed out

4 hari lalu

Nota

Is the MVRV Z score still relevant? So far there is no reason not to trust it. It says there should be another move left