Recent blog posts

We can see that it formed the symmetrical triangle. This type of patterns have 2 possible scenarios

While the Bitcoin is staying at the same level let's try to understand what is going to happen globally. We can see that the BTC is forming the 5-waves Elliott

Yesterday we bought the Bitcoin at $39300 according to the strongest long signal. After that the price pumped to $41500 and now we are going to understand at which levels

You already know that I suppose that the Bitcoin is in bear market, also you know that I executed long trade at $36300 because the bounce was anticipated.

Looking at the local timeframe I suppose that there is high probability of dump next 24 hours. Why?

I thought that the potential local bottom is going to be at $37500, but the BTC hit $38300 and now is forming the reversal setup.

That is why I will not be surprised if this major resistance is going to be broken easy.

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.

The price pumped to $40500 and a lot of traders suppose that it is the bullish move start.