Bitcoin – the massive redistribution?
I told some time ago that began to learn about the Wyckoff methodology and today I wanna show you very interesting scenario for the Bitcoin based on this approach.
Bitcoin – short squeeze before dump?
The potential bounce I anticipate to the Fibonacci golden pocket and countertrend line ($43k).
Bitcoin – too much resistances, but 44k is coming!
The price and volume spike which we saw in my experience always lead to further price increase despite it seem like the sellers are pushing price to the downside.
Bitcoin – I opened long with leverage!
I expected $37k for the BTC this time but the market flashed the bullish signal earlier.
Bitcoin – eat the dip!
BTC now is in critical point and losing the current position can mean that we will see $30k very soon.
Bitcoin – when pump?
To be honest the market situation did not changed significantly. I am still in long position.
Bitcoin – on the edge of collapse!
I am waiting for lower low and divergence confirmation to buy BTC again.
Bitcoin – bullish breakout!
The Bitcoin formed the strongest divergence with the MACD histogram and MACD line. Moreover I missed the fact that the true countertrend line 2 was broken to the upside earlier.
Bitcoin – bear market will end soon!
Let’s take a look at the weekly timeframe for BTC at the WhiteBit exchange. For me the bear market started with the strong bearish divergence on the weekly timeframe.
Bitcoin – the bear market end soon!
Now I am sure that I have to use only signals which was generated by my strategy.