Bitcoin chart Review and Update #42 ?

in #bitcoin4 years ago

Bitcoin chart review



BTC CHART Published by Philosof at #Tradingview

Comment: Don't we all just love it - Bitcoin volatility ,Almost 20% in just 2 days. Reminder that recent record still belongs to March 12th with 53% in one day. Anyway, we are back to where May have started.

Tomorrow CME futures will open with new massive gap, that will surely close some day. If BTC drop below 8600 again, next stop will be at 6900-7170 range. Current dead cat bounce can take price back to previous strong broken SR at 9230-9300 (less possible higher to 9500).

#BTC - Finally "NEWS HAS BEEN SOLD OUT"Just Before HALVING, BTC Dumped Hard More Than $1,400 in Few Minutes. So ,My Target ($7,000) is Not Much Far Away. Currently Trading above $8,600 . #ALTs Didn't Drop Much In This Time.
#BTC-Dominance is Dropping ,Now Under 67%.

Resistance: 8900 - 9020 - 9250 - 9500 - 9800
Support: 8630 - 8400 - 8040 - 7700 - 7170

Fear & Greed index: 48 (<= 56 <= 55 <= 49)
BTC Dominance: 67% (<= 67.2 <= 67.9 <= 67)
24h Volume: $197 billion (<= 162 <= 201 <= 164)

#BTC #Bitcoin (TradingView)



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I was not expecting that BTC would be overbought so early.

Everybody Knows Bitcoin Market is So Volatile and There Always Unexpected Happens ,Its No Surprise to Us Even You Know About It💯

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