Bitcoin
Viés de baixa

More Downside Coming For Bitcoin

Atualizado
I am expecting further downside in Bitcoin. When looking at the net buying/selling pressure, the current time looks very similar to August 2019. After the current dead cat bounce, we can expect to test 26k support and possibly lower.

The white/grey line represents the net buying/selling pressure on the indicator. You want to look for crosses above and below the midline as well as crosses above 30. A cross above 30 means that the bulls are in control and the price could rise rapidly.

Looks like we are very bearish in the short term.
Nota
Still below the 2D pivot which was support but is now resistance. Above the blue line is bullish. Below the blue line is bearish. snapshot
Nota
Each trip into the 40k area seems to get quickly rejected
Nota
Bulls fighting to stay above the 4H pivot with 5min left until the candle closes snapshot
Nota
Trend line resistance snapshot
Nota
18k Bitcoin Target
Nota
1 month Ichimoku Kumo Cloud support is at 10k. Will we touch that sometime before 2023? I would imagine so. snapshot
Nota
Interesting spot for the Volume Point of Control to be located at snapshot
Nota
The Volume Supported Linear Regression Oscillator on the 4 day chart shows that we have been in a long term downtrend since 4/15/21 and we are just now about to cross the zero mid-line of the oscillator on the short term. snapshot
Bearish PatternsBitcoin (Cryptocurrency)bitcoinforecastBTCUSDbtcusdshortBTCUSDTFundamental AnalysisTechnical IndicatorsTrend AnalysisxbtXBTUSD

Aviso legal