It’s sure not looking good for BTC at the moment… Further downside risk is pretty high in the coming weeks
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Its closed below 17600 so I am feeling very bearish on Bitcoin for the short term at least
Bearish till at least 12k I think, there’s no sign of bullish structure currently! Not getting my hopes up until I see this happen.
Currently managing open positions on a couple of pairs. Looking for a setup on EU. Looks like trend’s are forming. What are you trading currently? Head over to see what I’m looking at. appreciate anyone that likes and subscribes
Bitcoin had a bounce at 15.8K. It seems to be bullish in the H4 chart. However, as long as the price stays below 18K, it should be considered bearish biased. Long term investor should be patient to go long in Bitcoin.
The price has been very choppy in the H4 chart. Considering the daily chart, it looks more bearish. A bearish breakout at 15.8K may drive the price towards the South. The buyers must hold their patience in Bitcoin to go long.
Big bearish pennant forming 
Still monitoring around 16k for longs - I think we will tap this and continue higher. However, it depends on the approach to this area. If it’s strong bearish, then it probably won’t hold. But it looks like price is trying to trap early buyers.
To me, it is bearish. The price may head towards the South further to find its support. The level of 13.5K may work as a level of support in Bitcoin.
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Looking a little lower around the 12K mark personally
Hiya,
Kindly is the BTC/USD in a downtrend or will it become bullish this year?
Tnx and best of luck
Bitcoin had a bounce at 15.5K and made a bullish correction. The sellers may wait for the price to get bearish and make a breakout at 15.5K to go short. If the price bounces at the level and ends up producing a bullish reversal pattern, the buyers may find some long opportunities.
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The H4 chart shows that the level of 16K has been working as a level of support. The price has had a bounce and made a good bullish move. The buyers may keep their eyes in Bitcoin to go long upon having bullish reversal pattern at the value area.
Bitcoin has been bullish in the H4 chart. The price has been obeying an up trending trend line. It may find its next resistance around 18K.
Hiya,
The BTC is 21256~21400 USD. Is this start of an upward movement please?
Tnx and best of luck 