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deciphering the bitcoin cycle youtube.com/live/LlEgZ-zv0… via @YouTube
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deciphering the bitcoin cycle
Check out my #BTCUSD analysis on @TradingView: tradingview.com/chart/BTCUSD/F…
At some point I believe Bitty will at least touch the fair value of this weekly range.
Bitcoin lost the range high and is likely to visit the fair value area sometime over the next week or two. Price is likely to range today
The $65,500 mark is a crucial level for Bitcoin. If it manages to find support at this level, an upward trend is likely. However, if it fails to hold, the price could potentially retreat to the $40,000 region.
65,500 is an important level. I would expect a retest soon. I took a scalp short around the first resistance but a little higher would make sense
A back test of the macro range high around 65500 would be amazing.
I'd like to see a little move down this weekend to clarify this price action.
I'd like to see Bitcoin take the 53K area before a move up to backtest the macro range high. If price moves down first I will be looking for proof of support for a nice long.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/ZPP8OKkh/ Looking like a wxy forming here.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/s5QMxGRY/ Looking for the 58400 area to be taken but then a move down to take the 53K area. A little up and down this week before a stronger move up, hopefully.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/NQzRnnKF/ Bitcoin wasn't able to break above the 58400 level yesterday. No sign of strength means no long for now. Probably mid next week before I would take a long but I'm looking for a market structure change.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/C1ZvtnOt/ If Bitty can show some strength by claiming the 58500 area I would look for a long around there. I need to see some strength. Still looks weak.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/fCG5yabB/ It is possible to see a small bounce from here but it doesn't look very strong yet. I would say next week should look better for longs.
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/6fXxbuKd/ Finally took the low. I'm looking for some proof of support for a long
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/QFl6yEQt/ Looks like price front ran my red box. Highly likely Bitcoin takes the low around 58500
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/lF1ilqeD/
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/fVjgoYm7/ I'd like to see a bit lower before a final move up to complete this correction
Check out my #BTCUSD analysis on @TradingView: tradingview.com/x/StUbvS6Y/
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