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Btcusdlong

BTC All Time High February 2012 - Why NO Double TopWhy i dont see BTC to Crash soon Some of the Traders see a BTC double Top which would lead to a blow off and Crash. So lets try to disprove this view: - Chart Formation: I can find this type of Pattern only in Uptrends. Some think it is a double top but in fact its an ascending consolidation of which the 2nd top is higher. - BTC Price overheated: In fact it is a little bit. But sideway untill february would be enough to countinue. - Support: It looks like previous (2017/18) ATH is support now. - Institutional Money inflow: Institutions invest with a larger Timeframe - they will not sell off 6mt after buy. Like Micro Strategy bought at 19k - dont think they buy the top - Inflation: Inflation not kicks in yet because the Money flows into Wall Street. After Shares get unprofitable it will flow to BTC - Maturity: We are in 2020 ant the market has grown up. Adoption kicks in while crisis also does.
BITSTAMP:BTCUSDLong
by BTC_maximalist
1
BTCUSD Forecast: Swing Trade Set UpHey trader, As you can see the price is currently bullish running above the head and shoulder patterns accumulation phase resistant, and above the 50 and bullish crossed short-term MAs. It is preparing to rally for the patterns 3-level trend that will likely end on the 200 MA (that's visible on the MT4 chart). This bias has been confirmed by the bullish break and retest of the 2nd 4H Key Lvl together with the 50 and bullish crossed short-term MAs. However, this signal will be rejected once the price has bearishly broken and retested the 1st 4H Key Lvl together with the 50 and 21 MAs. With that in mind, take the trade at your own risk. This is not financial advice. I'm just sharing my point of view, which you also can do in the comments section below. I'd love to know your thoughts! That's it for today. I hope you found value in this article. If you want to see more hit the like and follow buttons, then check the linked articles below. Trade Safe, Sphatrades.
BITFINEX:BTCUSDLong
by Doji-2k1
2
Btc chart With a great title called "Don't panic"ThAt first, this analysis is personal, and accordingly, I implement it in my personal portfolio, and any modification or correction I will immediately modify the idea in Trading View Bitcoin achieved a triple top as shown in the chart in front of you and it is repeating the same scenario currently. I hope it does so Based on the analysis, Bitcoin will currently fluctuate in the range shown, and then it will rise to the third peak to repeat the same scenario, and it will be the third peak as shown in the chart Conditions for this to be achieved, I break the trend shown in the chart and the volatility above, and the second condition is that I break the 60K resistance and continue above it for a maximum period of two days’ candle closing to confirm that this resistance is swallowed up and then go to achieve its third peak. The medium and above average range is based on the science of analysis and not a point of view Please watch this analysis carefully as it is your last saviour
by alrifaib2b