Yesterday I mentioned that as long as Bitcoin does not recover above 920, I am not bullish. What needs to be noted now is the upward trend line I have drawn. If the trend line can hold, there will be a rebound along the trend line. If it breaks the previous high position, we will see the downward trend line position, which remains at 908. If Bitcoin breaks below the upward trend line and recovers above, then we can go long at this position, looking towards the downward trend line. If there is no price action to go long on the upward trend line, it indicates that Bitcoin will continue to decline.
In section 3.13, I mentioned three key positions for Bitcoin to focus on. The first is the resistance level of 865, along with the downward trend line. It has now reached the critical resistance level of 865. If Bitcoin can recover above 91000, then it will show a reversal; otherwise, I still lean towards a downward trend overall. If Bitcoin faces resistance in this area (refer to the yellow area in the image), then I expect Bitcoin to challenge this critical support level of 782#币安投票上币 #美联储3月利率决议 #BTC走势分析 again.
In March, the most important thing to pay attention to is the Federal Reserve FOMC on March 20th. Whether interest rates will decrease or not will affect the future trend of Bitcoin #你看好哪一个山寨币ETF将通过? #Strategy增持比特币
The big pancake crisis mentioned on the 13th is still ongoing. Currently, the price of the big pancake is still within the range discussed on the 13th. Since the drop began on the 9th, it has been in this range for 8 days. Therefore, as mentioned on the 13th, we still need to pay attention to the resistance at 850-865. If we can easily break through 865 next, we will need to focus on the 90,000 position, which is the trend line. A failure to break through 90,000 will lead to another bottom test. From a smaller time frame perspective, the current resistance and support have not yet been challenged, so we need to pay attention to three points (see the chart) #BTC #美国加征关税 #BNBChainMeme热潮
The crisis of Bitcoin is still here! On March 10th, I said that Bitcoin's next target position is at 78256. If it breaks below, we will look at the 72000 area. The previous low has already been reached, and there has been a breakout above, with a certain expectation of a rebound. Additionally, it has broken through the support and resistance switch point. Next, we should pay attention to the range of 853--865, which is also the Fibonacci 618 level. When Bitcoin challenges this resistance again, if there is a bearish price action, we can attempt to short at this position, aiming for 781 or lower. If there is no bearish price action, it indicates that it will continue to move upwards. Then we will just have to wait to short at this position (yellow circle) #BTC #你看好哪一个山寨币ETF将通过? #美国加征关税
Will Bitcoin still fall? How low will it go? On the 8th of March, I mentioned that Bitcoin was forming a triangular pattern. Yesterday, Bitcoin broke below the triangle, and now it has already fallen below the previous low on the four-hour chart. The next target position is at 78256, and if it breaks below this level, Bitcoin will see the support area around 72000. Therefore, if Bitcoin shows a rebound next, we need to pay attention to the support-resistance swap level. As it stands, as long as Bitcoin does not return to within the triangle, I am not bullish.
The big pie has already broken out of the triangle shape in the four-hour chart. I previously mentioned to pay attention to the downtrend line, and currently, the big pie has not yet challenged this trend line, nor the resistance and support swap level. It has also not yet challenged this position, so the next move within this triangle is very crucial. If it breaks below the triangle, it will drop to the very critical position I mentioned before, 70000-73000. However, if the big pie breaks out, it will go towards around 10500. So now, we need to pay attention to this triangle shape. Once the big pie leaves this triangle, whether it breaks down or breaks out, a direction will emerge.
The big cake looks very beautiful from a small time frame, continuously creating higher points without making lower points. After each piece of news, there will be a period of consolidation. Personally, I tend to think this consolidation will happen in this range, unless it breaks this previous low point without gaining support, then we will look towards over seventy thousand big cakes. Currently, the four-hour and daily charts have not yet shown a bullish structure; the market needs a little more time #白宫首届加密货币峰会 #BTC
The huge gap has been filled! What operational opportunities are there next? First, let's talk about whether the market is still concerned about whether Bitcoin will continue to fall. The overall downtrend of Bitcoin has not yet been resolved, and the daily chart still hasn't created a higher high; previously, it created a lower low. If Bitcoin wants to establish a bullish structure, it must not create a lower low. Secondly, currently, Bitcoin has reached the Fibonacci 618 position. Conservative investors can focus on the 618 84672 position to see if there are opportunities for bullish price action. At present, the downtrend is still ongoing, unless Bitcoin breaks through the trend line I drew and surpasses the resistance level of 94000 to 95000, then we will see Bitcoin challenge 99000 again or even return above 100000, or it could form a bullish structure and then challenge the breakout, which would be a different scenario.
It's really like picking sesame seeds and losing watermelons. The biggest gap in pancake futures in history. Yesterday, the gap of 92000 was filled, and now another one has come: #美国加密战略储备 #BTC
Is Big Coin's Ethereum Rebound a Short Opportunity? Yesterday, I mentioned that the key to watch for Big Coin is the range between 85100-86000, but at four o'clock yesterday morning, Big Coin directly shot up to 82222. After that, Big Coin started to rebound, and we can say that today’s rebound has been quite good. Looking at the 15-minute chart, it has been reaching new highs all day without making new lows. Some brothers asked me how to operate now; first, we need to wait for two key levels, 87000 and 89400, to see if there are short opportunities at these levels. I still want to emphasize that as long as Big Coin does not stabilize above the 92000 level I mentioned yesterday, I remain bearish. #btc70k #币安HODLer空投SHELL #币安Alpha上新
Bitcoin Crash? Can we see a big cake starting with 70,000? Yesterday, I mentioned that if the big cake does not show buying behavior at 94,000, it would look towards 92,000-90,000. This position is a very important support. Currently, the big cake has already fallen below the 92,000-90,000 position I mentioned yesterday, and it has broken below the previous low on the daily chart. The key positions we are focusing on now are 85,100-86,000. If this position does not hold, I will continue to be bearish on the big cake, and brothers will see the big cake starting with 70,000, 14,618,337,740.
I'm back, brothers. Bitcoin is in crisis!!! Today, let's talk about the overall situation of Bitcoin. Let's take a look at the daily chart of Bitcoin. Now Bitcoin has been trading in this area for nearly 20 days (yellow box). At present, Bitcoin is still in a downward trend. The current position is not a good position for operation. Now we can focus on the position of 94000. If it does not fall below, it will be a good opportunity to go long. Of course, if it falls below, we must pay attention to the last strong support of 92000-90000. This position is very critical and very important. If there is no good long price behavior at this position, then it will continue to go down #btc走勢
From the daily line, Bitcoin is still in a volatile market, between 59500-62000. It is still bullish from the daily line. The macd volume is increasing continuously, but the upper downward trend line is at 61500. If it breaks through and stabilizes, it can wait for a wave of entry to 65500
Short-term It is not recommended to enter the market at present. Wait for a callback to around 60200 to enter the market and go long, with a stop loss of 500 points Now the trading volume of the entire market is very low, the market has no sentiment, and the proportion of us leeks is dispensable #BTC☀ #美联储何时降息? #新币挖矿DOGS #MtGox钱包动态 #ETH🔥🔥🔥🔥
Hello! My name is Felipe, and I have been a cryptocurrency enthusiast since 2013 when I first discovered Bitcoin. My focus is to spread knowledge about cryptos.