Bitcoin after dump have flat zone and next targets for GROW
Bitcoin after dump have flat zone and next targets for GROW
Hello everyone. Bitcoin has reached $7300- $7500.
What about next targets for Bitcoin?
In the current situation, I expect bitcoin lateral movement in the range of $7100-$ 7700 = about 1-2 weeks. As you know, when Bitcoin is standing or in flat, usually in such a situation, the Bitcoin dominance index decreases and altcoins grow in relation to Bitcoin.
On the daily chart of Bitcoin, a death cross is formed (the intersection of 50 and 200 moving average) = it is considered a bearish figure and more than once we saw how at this intersection = the market grew sharply or made a major correction, for example, Ethereum showed itself after the decline and formation of the figure after that tested the zone of intersection of the cross of death after 3 weeks.
About according to Bitcoin, according to limit orders and infusions of volumes for purchase = I come to the conclusion that first a lateral movement is expected which may take 1-2 weeks, then we will go to test $8400.00 and possibly the intersection of the death cross in the region of $9000.00
What happens on the Bitcoin dominance index?
He is slowly decreasing and you and I looked at a similar situation on the monthly chart as it was in January 2016. I look forward to a further decline and rapid growth of altcoins in the next 2 months to the pairs of bitcoin.
Current mark = 67.95%
I expect to reach mark = 54.00%
BTC Dominance (Jan 2016) = Monthly Chart
BTC Dominance (Current = Monthly Chart)
More information is available only on the telegram channel and in the prime group.
Hello everyone. Bitcoin has reached $7300- $7500.
What about next targets for Bitcoin?
In the current situation, I expect bitcoin lateral movement in the range of $7100-$ 7700 = about 1-2 weeks. As you know, when Bitcoin is standing or in flat, usually in such a situation, the Bitcoin dominance index decreases and altcoins grow in relation to Bitcoin.
On the daily chart of Bitcoin, a death cross is formed (the intersection of 50 and 200 moving average) = it is considered a bearish figure and more than once we saw how at this intersection = the market grew sharply or made a major correction, for example, Ethereum showed itself after the decline and formation of the figure after that tested the zone of intersection of the cross of death after 3 weeks.
About according to Bitcoin, according to limit orders and infusions of volumes for purchase = I come to the conclusion that first a lateral movement is expected which may take 1-2 weeks, then we will go to test $8400.00 and possibly the intersection of the death cross in the region of $9000.00
What happens on the Bitcoin dominance index?
He is slowly decreasing and you and I looked at a similar situation on the monthly chart as it was in January 2016. I look forward to a further decline and rapid growth of altcoins in the next 2 months to the pairs of bitcoin.
Current mark = 67.95%
I expect to reach mark = 54.00%
BTC Dominance (Jan 2016) = Monthly Chart
BTC Dominance (Current = Monthly Chart)
More information is available only on the telegram channel and in the prime group.
Nota
$8400 Target Reached
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.
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.