Market Insight
Chart

30% drop on Bitcoin incoming? Get ready to buy lower!

BTCUSD, 1D

Don't tell me I didn't warn you on March 8th about this first break out! The fractal was there: However, those who missed this week's huge spike on Bitcoin shouldn't worry. Based on the 1D RSI another pull back should be coming soon. As seen on the...

47310 news 1 month ago
Chart

Bitcoin Consolidates as Projected! Here's What I See Next! (BTC)

BTCUSD, 1D

Hi friends! Welcome to this update analysis on Bitcoin! Let's get right to it! Looking at the daily chart, we can see that Bitcoin has been printing a bull flag consolidation (in black,) after Tuesday's massive rally, just as I had suggested it would, during the last analysis. When we look at the current price action, and compare it to the fall from 6000, we can...

18504 news 1 month ago
Chart

Bitcoin's Big ABC Correction or Trend Change? Part 6

BTCUSD, 1D

There it finally is, our answer for the ABC or impulse wave question since i started this analysis back in Jan. The past weeks, actually most of March both sides were not getting any clear signs for a continuation of the rally or a failure. Was moving sideways with small rallies and dumps, fake breakouts on the up and downside. The last few days before the...

4591 news 1 month ago