Bitcoin – fake pump is possible!
The Bitcoin price is staying just above the 4h critical level and struggles to break it down. Moreover, the supply zone is also right here and I don’t think that the price will break it down with the first attempt.
Bitcoin – breakdown is about to happen!
I expected a little bit higher prices before the dump, but it does not matter because I did not execute any trades.
Bitcoin – the greatest manipulation!
The Bitcoin price closed the CME gap which was formed approximately at $29k.
Bitcoin – relief rally has started!
The impulse on the Bitcoin price chart has broken falling wedge’s upper band, which I described at the previous analysis.
Bitcoin – will there be growth at all?
Today we saw the flash crash below the $29k, but we saw the large purchases during this dump, as a result the breakdown was false.
Wyckoff accumulation on Bitcoin is almost completed!
Let’s take a look today at the Bitcoin price action using Wyckoff methodology. Two weeks ago I considered Wyckoff accumulation scenario.
Bitcoin – everybody expect bull & bear cycle, but market changed
Last year we thought that the bear market has started in May, when the price fell down 50% from ATH, but after that the price increased again above the ATH.
Bitcoin – I’m still don’t trust this dump!
If you hate me because I told you every day about the Bitcoin pump, but the market continues steadily to go down.
Bitcoin – short setup!
Let’s take a look at the BTCUSDT chart of the WhiteBit exchange. Here we can see that the price got a rejection from 0.618 Fibonacci retracement level.
LUNA – price correction soon!
I found the short signal on LUNA on the daily chart. To be honest it is not too strong, but we can try because risk to reward is nice.
