TradingView India. View live TenX Pay Token / Bitcoin chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. Im finally back from my little get away and decided to take a look at what is going on with the charts. After spending 2 days ignoring the charts its sure nice to come back to 24k BTC. has been such a solid year in terms of growth for Bitcoin. I think it has a lot to do with the US printing massive amounts of USD to pay for the 1st. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the long term, the trend is upward, the correction has not yet been normal. The price can go up in the region of $ 29, to believe in growth.
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Trading suggestion: There is a possibility of temporary retracement to suggested support line 0. The is going to be a price discovery year. Using time cycles we can expect BTC to print some good numbers after getting overbought. Good morning again ladies and gentlemen and welcome back to my daily look into the charts of Bitcoin. Nicely done bulls! Nearly kissing 25k is something to be proud of and we should all pat ourselves on the back for putting up with the last 3 years. As we sit in uncharted territory can we break 25k We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec.
Good morning again ladies and gentlemen and welcome back to my daily look into the exciting world of Bitcoin. Today I have the 4hr time frame pulled up and I see consolidation has taken hold. The bulls have taken us to new heights this year and I for one am quite impressed. But nothing goes up forever and a retrace should be on all of our minds. Even if it doesnt Not Good For Alts. Dominance tried so hard to break the trendline resistance. BTC dominance can touch 64 or 66 once again.
As per the head and shoulder pattern. Its it Goes As Planned Then soon huge alts season will come as per nov. If you are already invested stay put be vary of alts they might go down if BTC breaks out. BTC Dominance is holding the levels. Stick with the breakdown, If it stays flat then we can't see big run in alts.
That's the analysis. If you can find an asset with a ten-year uptrend vs. Which one will won? Far oversold on all scales.
This means that compared to Bitcoin, Gold either becomes completely useless or is just very cheap. What do you think it is? It is worthwhile to follow the development for example on 1h.
Right now it seems to be reversing. Stay tuned, it is going to be exciting. To explain it simply, if the blue curve keeps This is my personal opinion and observation. How fast can we go from. Gold vs BTC. Also, if we have a reversal BTC could goes down with no much obstacles What do you think?
Use your own assessment.