Ultimate Bitcoin analysis. Global overview April 2024
In this article we will discuss what is coming next for Bitcoin in the 2024
Bitcoin – price range is expected
In my opinion $53000 is a great level for short/sell, $44000 is a nice level for buying.
Bitcoin – I sold it to buy below $26k
And it is nice because it gave me understanding that the Bitcoin will form the reversal with other scenario which I have also pointed out.
Ethereum have to fall more than Bitcoin
Bitcoin is staying at the same level because now it’s weekend, it’s no reason to make the update on it.
Bitcoin – two local scenarios
Now the price is trying to break down the Demand zone. If it is able to do it, we can see the Scenario (2). If the price bounce from here we will probably see the $53000 (Scenario (1)). Remember about CME gap at the $53000.
Bitcoin – so obvious!
You know my opinion about the mid-term and long-term Bitcoin analysis.
Bitcoin analysis update
Last daily candle closed above it, which is bullish sign, but I don’t like it’s form. It has the long wick to the upside, which tells us about the bearish pressure.
Bitcoin – two buy zones
As I told you in this article the Bitcoin wants to dump. It continue forming the super strong divergence and the dump now is only the question of time.
KAVA has just flashed the insane short signal!
After my today’s article with short trade on Bitcoin the entire crypto market has started it’s dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA.
Bitcoin – trading chaos said it’s the bottom
Some of you maybe remember my attempts to learn the Trading Chaos of Bill Williams. Last time I made the mistake using this technique.