Thread: Bitcoin technical analysis

Another bull trap? Price retreated from top 11.8k to under 11k again. Terrible week for me entire, hoping the best for others, enjoy the weekends!

Originally Posted by ;

How they could relax, some people put around 500 000 borrowed money, others place economies...

Relax!!!
Nothing has shifted!!
People (as in investors) haven't lost a penny or a bit.
It is still going around $35-40-80k loion. It needs time.

About your prior article. . .hmmm.5000 is possible.

I draw this one week ago :





I really don't see 5k, but the better is coming baby !

A very strong rally up is looming once that hard resistance @ 12k breached. Anyway, there is a bit to fear for the bulls since the 10K and also 11K region are nicely supported for today. Today's movements are to get the bulls, let us see when they have enough forces to break that 12K resistance.

Here you go...

This bitcoin thing resurrect my already dead account to living and kicking as of this moment.

Now will Grow Extremely Fast maybe till 16000

Perhaps till 40k, is dependent on trade capacity ...

Bitcoin 4Hours appears to be always Bearish .

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It is bad for the people who spent in Bitconnect and dropped all of their cash