Bitcoin is trying to break major resistance!
That is why I will not be surprised if this major resistance is going to be broken easy.
Bitcoin – this pump can end earlier!
I am still holding my long trade but closed 50% because I suppose that this price growth can end even earlier than I said earlier.
Bitcoin – don’t trust to this pump!
The price pumped to $40500 and a lot of traders suppose that it is the bullish move start.
Bitcoin – local correction before pump?
What is the target for this correction? If we look at the previous trend reverse in July 2021 the price broke through the 26 EMA and the first correction was to 0.38 Fib level and to this 26 EMA.
Bitcoin – are you ready for dump?
I supposed that the Bitcoin is in large distribution phase and now the price is going probably to enter into markdown phase.
Bitcoin – crash is imminent!
I thought that we will see impulse pump to $44k today, but the price got rejection again from the same level.
Bitcoin – is the correction over#2?
As you know I opened long position on BTC at $36300 and close it at $44500 when saw the incoming correction sign.
Bitcoin price targets for this growth!
If we take a look at the last downside impulse we can see that the price corrected exactly to the 0.38 Fib level.
Bitcoin – the only chance for the growth
Now everything looks like the $41800 price level will be broken to the downside. But, there are no long or short signals now.
Bitcoin – will it finally fall below $42k
Today I re-entered the position because of the true bullish divergence on the 1h timeframe.
