Bitcoin Chart Review and Update #36 ?

in #bitcoin4 years ago (edited)

Bitcoin chart review



BTC CHART Published by Philosof at #Tradingview

Comment: Bitcoin grown by 22% from yesterday. You can never be ready for its impulse moves. Whether direction is up or down, it always exceeds expectations of majority. In our case we expected it at 9100, maximum at 9220, but it wicked to 9480.

#BTC - Pumping Hard ,Broken All The Resistance What I Mentioned In Previous Update. Recent Peak is $9400 & Then Pulled Back To $8,800. So, Now Major Resistance is at $9,000 & Then $10,000 . #ALTs are Getting Dumped 10% -20% ,But They Will Bounce Back Hard When #BTC Show Will Over Or Cool Down.

Lets address pure numbers. Since March dump Fibonacci 0.5 is at ~6666 and 0.618 at 7340. SR at 7170 is year open/close price. These are mid term retracement targets (if that was the top). If it will continue growing today next target is 10k.

According To Me ,#BTC May Reach Around $10,500 Before HALVING Event (Possibly in Next 24Hrs Too Depends On How Much FOMO ) & Then Correction Till $7,000 . Currently Crypto Market Cap Is Hovering Around 245 Billion Dollars With #BTC-Dominance Around 65% Which Can Go Till 67.5% According to CMC & Add 1% For Trading View. Enjoy The #BTC Show , HOLD #ALTs if You Can & Buy More When #BTC Hit $10,000+ .

Be Strong & Stay Safe in Your Sweet Home.

Don't Roam Outside Unnecessarily Unless You Have Very Emergency Work. Maintain Social Distancing .

Resistance: 9220 - 9600 - 10000 - 10555
Support: 8530 - 8300 - 8000 - 7700 - 7555

Fear & Greed index: 26 (<= 27 <= 26 <= 21 <= 24)
BTC Dominance: 65.7% (<= 63.7 <= 63.9 <= 63.8)
24h Volume: $246 billion (<= 138 <= 128 <= 143 <= 117)

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