- monthly close is a strong resistance - 21 week ema was not touched this bull cycle - 200 day ma huge support - triangle (bottom) from years = huge support - triangle (top) from last ath = huge ressistance
I think the next months, bitcoin will jump a little in these range. Great trading opportunities for short and mid term!
Long term, i´am really bullish in bitcoin!
Wish you all good luck. Tell me, what do you think about the next 6 months.
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Strong support action at 9,500 USD in the last weeks. If it will break, we could retest 8,700 USD.
At this moment 10,000 USD is a big support too. If it will hold, we never see 4-digit values in my opinion.
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40% drop reached! 21 week ema touched!
Let´s see how this week will end :)
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Yesterday was another test of blue (dotted) resistance line I think next time, we will surpass! ( could take at least 2-3 weeks, but maybe even 2-3 months )
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Touch on the downside, acted as support until now. Nice potential local bottom.
Everyone is fearful, iám starting to get greedy!
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Near at top triangle resistance. Let's wait and see if bitcoin gets rejected, or will move straight up!
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Price is currently under multi year trendline (blue dotted). Big trouble or fakeout und best time to buy...