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BITCOIN ANALYSIS 🕵
Look this chart it's look like Bitcoin in 2017-2018 Right??
Well, it's you are wrong... It's Bitcoin in 2014.
2014-2015 were terrible years of holding as prices dropped over 80%.Sound familiar?
Bitcoin BTC Current Price:
$6.211,908
1 Hour: 0.78 % | 24 Hours: -1.14 % | 7 Days: -8.22 %
Look another meltdown of BTC to below! i have went short at 6430, but sold at 6350. I thought, at least 4 hr ema, 6340~50 will hold for one day...
I am guessing bitcoin will get one more short run up, possibly to $6.5k before dipping back down to $5.8k range at which point the weekly charts will turn bullish.1HR and 4HR charts are extremely bearish imo.
Failure to break the cloud
Failure to maintain price above last range low.
Daily doesn't look horrible but the market is in a panic, I can't see why anyone would buy.Btc Monthly chart show
👍Giant bull flag?
👍Decreasing Volume + Decreasing Price = BULLISH
Sit tight and wait.
Market has to panic sell yet when BTC breaks to 5K this time. Zoom out your chart to Daily or Weekly, you'll see.
Guys!This is Everyday I Am
Comeing with BTC analysis and update...
Thanks for Reading My Blog..
Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses.