Bitcoin began a corrective phase after reaching $10,500, aproaching to the support level between $9,500-$9,200. Important to break the blue bearish guideline ($10100) with good volume, at the moment the volume of trades is being low.
#Bitcoin #BTC #USDT #USDT #Binance #Coinbase
#Bitcoin #BTC #USDT #USDT #Binance #Coinbase
The volume is so low, that it does not even bounce strongly when playing the EMA 200, it seems that if it doesn´t keep this support, it will try the full correction of the last pump ($8,200). The weekly candle closure isn't good either.
#Bitcoin #BTC #binance #halving
#Bitcoin #BTC #binance #halving
Possible cup pattern with handle in formation, which could mean confirmation of the expected trend change. Neck at $10,500, possible handle floor at $8,200 and respecting line uptrend since December. Bears are exhausted
#Bitcoin #BTC #halving #Binance
#Bitcoin #BTC #halving #Binance
It continues to confirm the cup pattern with handle, important breakage of accelerated bearish guideline so it seems that a consolidation process will begin, the logical thing would be to see Bitcoin moving sideways inside the handle in the coming days
#Bitcoin #halving #BTCUSDT
#Bitcoin #halving #BTCUSDT
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