bitcoin key technicals

12 thg 8, 2020

There is a lot going on in the bitcoin chart, marked what i think is important to watch.
Key level remains 10500, which when broken down would make it look bearish/sideways

14 thg 9, 2020

Ghi chú

bitcoin remains in the consolidation trend for now, moving outside of the triangle slowly.
it was too early to form the sharp channel.

23 thg 10, 2020

Ghi chú

btc trying to break free from the conolidation trend and increase momentum

5 thg 11, 2020

Ghi chú

hit wolfe wave target

13 thg 12, 2020

Ghi chú

i expect that btc will try to hit 32k by early january already (if it manages to break out from the old ath) and there will be a good place to take some profits off the table

30 thg 12, 2020

Ghi chú

the 32k target is in reach, i expect a correction there, which should be a buy opportunity for sideliners similar as in summer 2017

2 thg 1, 2021

Ghi chú

outer channel target is hit, so likely it will pullback from here

7 thg 1, 2021

Ghi chú

price didnt stop at the channel resistance, all it did was a shortlived 20% quick dump and now moving higher and entering bubble territory

11 thg 1, 2021

Ghi chú

btc holding up above the outer channel, if it remains like this we can search for new higher targets soon and make a new chart

12 thg 4, 2021

Ghi chú

the teal channel which seemed crazy to most turned out to be lowball
so we can draw the more retarded one which could be hit in the cycle, we can also watching the monthly rsi which had hit 96 in the previous cycles