BTC may still drive higher in the mean time, but either way, a swift backtest is coming. 4. 1. Bitcoin 4hr analysis 12/22/ BTCUSDT, HeisenbergBTC. Good morning again ladies and gentlemen and welcome back to my daily analysis of Bitcoin. Today I have the 4hr time frame pulled up once again and I can see we are starting this Tuesday off. Potential BTC Short to $ as we approach a well established upper trendline and strong resistance zone at about $ With the bottom support level being around the $ mark, it gives me good confidence that if we see a solid rejection in the near future, then price should have a fairly easy fall down to around $ at a minimum. TradingView UK. Get the cryptocurrency market overview — bitcoin and altcoins, coin market cap, prices and charts. Join TradingView community of traders and investors.
Tradingview omg btcOMG/BTC for BINANCE:OMGBTC by PolarHusk — TradingView
Enterprise Value, FQ —. Market Cap — Basic —. Number of Employees —. Number of Shareholders —. Balance Sheet. Current Ratio, FQ —. Debt to Equity, FQ —. Net Debt, FQ —. Quick Ratio, FQ —. Total Assets, FQ —.
Total Debt, FQ —. Operating Metrics. Return on Assets, TTM —. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system. Remember you heard it here first!
The infamous "Then they fight you" phase started! Merry Christmas. This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts. This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous The weekly BTC consolidation continues to deplete market participants.
During the last attack of sellers, the price could only touch this range. As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
This is despite whatever excuse for why that cannot happen now. Trading suggestion: There is a possibility of temporary retracement to suggested support zone All the negativity around Cryptos is just the right weather for a take off.
The patter as a whole is bearish. And make no mistakes the correction phase is still ON. The forming wedge patter is another sign that the drop is inevitable. You can clearly count 5 waves up from Wave ii bottom. The entry was perfect. Time to exit and watch what happens next.
Wave ii continued sliding. So I had to relabel the chart - but it still means the same thing. BUY with very little risk.