Bitcoin – I anticipate the last chance to short!
I was right that the market was the weak and forecasted some movement to the downside, but I was not able to earn some money on this move because of invalid stop loss placement system.
Bitcoin – the critical moment!
Today this long is actual. I skip this long consciously because this signal was flashed against the bearish divergence on the higher timeframe.
Bitcoin is trying to do insane move!
The Bitcoin is inside the very important supply zone third time. The fact that the price is testing one resistance level is a great factor for the potential breakout. Let’s see.
Bitcoin – redistribution in progress?
Today I gonna show you very interesting scenario which I bear in mind as my main scenario. Let’s return back to 2021 summer
Bitcoin – decisive moment!
Now the BTC is approaching to the decisive point. The price can choose one of the two following scenarios.
Bitcoin – trendline breakdown!
Now the Bitcoin is dumping. Moreover BTC broke down the 0.618 Fibonacci level (golden pocket).
Bitcoin – bulls are weak
It means that we are in the downward impulse, not correction. As a result I am not expect the prices above $48000 in next 2 months with almost 100% probability.
Bitcoin – bounce before the dump!
I have learned the lesson that even the weakest market can become strong in one moment and vice versa.
Bitcoin – correction soon!
We can see that the global 0.5 Fib is at the $46800 and I suppose that it will be the new local high because there is a very high probability of the true divergence with MACD.
Bitcoin – the high probability of the breakdown!
Yesterday I told you that believe in bounce to the upside to $45000, but today I am not sure that the BTC will give me the nice entry point for the short trade.
