In my previous analysis, I suggested buying cheap Bitcoin at 67k and now the price has gone up to 71k in a single day:
What now? Will this pump continue? It's possible, but I am waiting for lower prices because the current pump has created a huge FVGAP on the daily chart. These GAPS tend to be filled sooner rather than later. What's more, the price hit a critical point of resistance that you can see on the chart. We have 2 parallel channels, and the price is currently at this critical point. My suggestion is to wait for lower prices, 68k seems to be a strong support, but also the bottom of the ascending blue parallel channel.
Bitcoin is very bullish on the weekly chart, so there is a strong probability of prices above 100K this year. What is my ultimate target for Bitcoin for the whole bull market? I will soon share my special technical analysis on the monthly chart, and you will see a detailed graphic representation of it.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
What now? Will this pump continue? It's possible, but I am waiting for lower prices because the current pump has created a huge FVGAP on the daily chart. These GAPS tend to be filled sooner rather than later. What's more, the price hit a critical point of resistance that you can see on the chart. We have 2 parallel channels, and the price is currently at this critical point. My suggestion is to wait for lower prices, 68k seems to be a strong support, but also the bottom of the ascending blue parallel channel.
Bitcoin is very bullish on the weekly chart, so there is a strong probability of prices above 100K this year. What is my ultimate target for Bitcoin for the whole bull market? I will soon share my special technical analysis on the monthly chart, and you will see a detailed graphic representation of it.
Let me know what you think about my analysis in the comment section, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
Nota
Bitcoin is crashing. Down from 72000 to 69800.Nota
Nota
68k Reload BTCNota
Bitcoin is going down. We have now total of 3 parallel channels:Nota
On the 1h chart, we have 2 strong supports:Nota
Bitcoin is still bearish. Expecting lower prices. Buy lower.
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💡Join my VIP group (signals, my trades)
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✅Claim 11,000 USDT welcome gift
t.ly/XHGfN
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t.ly/InQc_
✅Trade gold and forex here
t.ly/tPLK2
xanrox.org/premium
✅Claim 11,000 USDT welcome gift
t.ly/XHGfN
✅Trade crypto here, free 345 USDT trading bonus
t.ly/InQc_
✅Trade gold and forex here
t.ly/tPLK2
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.