#BITCOIN CORRECTION AND PULLBACK.
75% Correction required Before new Bull Run towards 48,000$
🚀Monthly candle start 17k to 29k ( 30% Correction required 20k Level)
🚀Pull back 15% and drop again towards 75% correction 17000$
✔️😃16k to 18k Good for long, GOOD LUCK ALL
75% Correction required Before new Bull Run towards 48,000$
🚀Monthly candle start 17k to 29k ( 30% Correction required 20k Level)
🚀Pull back 15% and drop again towards 75% correction 17000$
✔️😃16k to 18k Good for long, GOOD LUCK ALL
https://www.tradingview.com/i/bjrqYiOQ/
Monthly Base Candle same like 2017/18 Year but Long term Trend Bullish , Short term Correction downside 25-26k.
The BTC /USD pair broke below the critical support at the 50-day exponential moving average ($35,093) but found support at $30,688.10 near the 38.2% Fibonacci retracement level.
Bitcoin prices have rebounded slightly, following a sell-off from Friday’s high, where BTC /USD broke above $38,000, before facing a wall of resistance formed by the key psychological level of $42,000. The three-day sell-off resulted in a $10,000 depreciation in the digital currency, raising concern that the Bitcoin ‘bubble’ had officially burst. However, the pullback in prices is no comparison to the massive 949% surge from March 2020 low.
ELON MUSK: BIO #bitcoin word send BTC 7k PUMP, But price drop back where its PUMP. (invalid BULLISH )
BTC still looking strong correction downside on monthly base towards Supports 28k and 25k and small crush or panic crush 18k to 21k$ where we can see new bull start towards long term target 75k$
Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$
🛑SUPPORT/RESISTANCE
✅S1= 28000
✅S2=23000
✴️R1=36000
✴️R2=42000
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Thank you for your support, I appreciate it
Monthly Base Candle same like 2017/18 Year but Long term Trend Bullish , Short term Correction downside 25-26k.
The BTC /USD pair broke below the critical support at the 50-day exponential moving average ($35,093) but found support at $30,688.10 near the 38.2% Fibonacci retracement level.
Bitcoin prices have rebounded slightly, following a sell-off from Friday’s high, where BTC /USD broke above $38,000, before facing a wall of resistance formed by the key psychological level of $42,000. The three-day sell-off resulted in a $10,000 depreciation in the digital currency, raising concern that the Bitcoin ‘bubble’ had officially burst. However, the pullback in prices is no comparison to the massive 949% surge from March 2020 low.
ELON MUSK: BIO #bitcoin word send BTC 7k PUMP, But price drop back where its PUMP. (invalid BULLISH )
BTC still looking strong correction downside on monthly base towards Supports 28k and 25k and small crush or panic crush 18k to 21k$ where we can see new bull start towards long term target 75k$
Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$
🛑SUPPORT/RESISTANCE
✅S1= 28000
✅S2=23000
✴️R1=36000
✴️R2=42000
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it
Elon Musk Remove #bitcoin bio, Last two week he pumps dump coins, I think SEC will take some action, Let's see but Personally I don't like him because he messing up market trends.
For example, BTC was 32400$ he changes bio and BTC PUMP 38,500, LOT of peoples bought 38k price next two days price back to 32600$, Luckily Price went back to 40k and its time to exit with Crypto profit and wait for crush.
GOVT, Central banks, Bank All coming together to crush this CRUSH, but You know All CRYPTO LONG term Valid.
GOOD LUCK
For example, BTC was 32400$ he changes bio and BTC PUMP 38,500, LOT of peoples bought 38k price next two days price back to 32600$, Luckily Price went back to 40k and its time to exit with Crypto profit and wait for crush.
GOVT, Central banks, Bank All coming together to crush this CRUSH, but You know All CRYPTO LONG term Valid.
GOOD LUCK
https://www.tradingview.com/i/bzz8OXUz/
The BTC /USD pair broke below the critical support at the 50-day exponential moving average ($42,093) but found support at $38,688.10 near the 38.2% Fibonacci retracement level.
Bitcoin prices have rebounded slightly and broken above $38,000, before facing a wall of resistance formed by the key psychological level of $42,000 ELON MUSK BIO #bitcoin word send BTC 7k Pump Towards Resistance 42k, Later some days TSLA news 1.5b bought BTC send BTC Another All-time high 48,000$, currently price overbought condition but still bullish momentum, we could see Psychological level 50,000$ MARK Price where we can see Shrap Corrections downside.
BTC still looking strong correction downside on monthly base from 50k Mark price towards Supports 28k and 25k and small crush or panic crush 22k to 20k$ where we can see new bull start towards long term target 75k$
Market NEWS:
1-Regulator gears up for Bitcoin crackdown amid digital coin frenzy.
2-Elon Mask keep Pumping Crypto via Tweet, Like dogecoin, etc
3-Lawyers Warn Tesla Billionaire Elon Musk Over Bitcoin Boosting Tweets.
4-Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surging in interest.
Crush and Panic Sell off:
Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$
COVID-19: March 23 BTC DROP 60% just 40min
Currently Market Talk too much about Crypto, positive and negative way, Better to stay sideways and wait for buying on DIP.
🛑SUPPORT/RESISTANCE
✅S1= 32000
✅S2=23000
✴️R1=46000
✴️R2=50000
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it
The BTC /USD pair broke below the critical support at the 50-day exponential moving average ($42,093) but found support at $38,688.10 near the 38.2% Fibonacci retracement level.
Bitcoin prices have rebounded slightly and broken above $38,000, before facing a wall of resistance formed by the key psychological level of $42,000 ELON MUSK BIO #bitcoin word send BTC 7k Pump Towards Resistance 42k, Later some days TSLA news 1.5b bought BTC send BTC Another All-time high 48,000$, currently price overbought condition but still bullish momentum, we could see Psychological level 50,000$ MARK Price where we can see Shrap Corrections downside.
BTC still looking strong correction downside on monthly base from 50k Mark price towards Supports 28k and 25k and small crush or panic crush 22k to 20k$ where we can see new bull start towards long term target 75k$
Market NEWS:
1-Regulator gears up for Bitcoin crackdown amid digital coin frenzy.
2-Elon Mask keep Pumping Crypto via Tweet, Like dogecoin, etc
3-Lawyers Warn Tesla Billionaire Elon Musk Over Bitcoin Boosting Tweets.
4-Janet Yellen says 'misuse' of cryptocurrencies like bitcoin is a growing problem, as regulators increase scrutiny after surging in interest.
Crush and Panic Sell off:
Remember: 2017 bull and crush 80% and 2020 BULL Little bit different due to institutional investor JUMP in but CRYPTO HIG Volatility market anything could possible like 2017, 50% correction not a big deal for current market price ( 50% correction from the all-time high is 20,000$
COVID-19: March 23 BTC DROP 60% just 40min
Currently Market Talk too much about Crypto, positive and negative way, Better to stay sideways and wait for buying on DIP.
🛑SUPPORT/RESISTANCE
✅S1= 32000
✅S2=23000
✴️R1=46000
✴️R2=50000
Please like, share, comments and follow me to get daily base analysis.
Thank you for your support, I appreciate it
Let me explain couple of things So better to take decision HOLD
✅Elon Mask PLAYING big game with high levels peoples ALSO Facebook part of this game.
✅HE bought 38k and SOLD some BTC at price 58k because his company not make good profit 1st QTQ 2021 (TSLA) so he SOLD some #bitcoin to make company in profit.
✅TSLA next QTQ earning due mid of JULY so he will buy bitcoin NOW 30k price and will hold until 30 June 2021.
✅Last 3 months all market under his tweets control so he dump BTC with CHINA help,( He know if he target china so china will give answer) because he want to buy at price 30k and FACEBOOK want also 28k to 32k levels.
🛑 WHY CHINA SAID BAN crypto and china same comments did last 5 year you can see on tweeter all proof. 2013 2014 2016 2017 2019 ( They never want BTC BAN)
⭕️Elon not accepting crypto because of ONLY reason environmental impact, he Target China because 80% Mining BTC currently in china, so that why china said ban mining to cool down this market. ( CHINA means we not doing any thing bad for world warming or environmental impact LOL )🤭
❌ KEEP in mind all, China could be 1st Country issue digital YAUN and THEY will dumping international $
❌NEVER EVER PLAY WITH CHINA, TRUMP using abusing words OR you can say ECONOMIC WAR against china and what happened china give him big lesson COVID-19 ( Biologicals war)
✅Elon Mask PLAYING big game with high levels peoples ALSO Facebook part of this game.
✅HE bought 38k and SOLD some BTC at price 58k because his company not make good profit 1st QTQ 2021 (TSLA) so he SOLD some #bitcoin to make company in profit.
✅TSLA next QTQ earning due mid of JULY so he will buy bitcoin NOW 30k price and will hold until 30 June 2021.
✅Last 3 months all market under his tweets control so he dump BTC with CHINA help,( He know if he target china so china will give answer) because he want to buy at price 30k and FACEBOOK want also 28k to 32k levels.
🛑 WHY CHINA SAID BAN crypto and china same comments did last 5 year you can see on tweeter all proof. 2013 2014 2016 2017 2019 ( They never want BTC BAN)
⭕️Elon not accepting crypto because of ONLY reason environmental impact, he Target China because 80% Mining BTC currently in china, so that why china said ban mining to cool down this market. ( CHINA means we not doing any thing bad for world warming or environmental impact LOL )🤭
❌ KEEP in mind all, China could be 1st Country issue digital YAUN and THEY will dumping international $
❌NEVER EVER PLAY WITH CHINA, TRUMP using abusing words OR you can say ECONOMIC WAR against china and what happened china give him big lesson COVID-19 ( Biologicals war)
#BITCOIN TOWARDS 20K ( ITS ALL DEPEND ON DJI AND STOCK)
GOOD LUCK BUT NEVER SELL YOUR XRP ( HOLD XRP)
GOOD LUCK BUT NEVER SELL YOUR XRP ( HOLD XRP)
#BITCOIN FAKE PUMP OR TRAP BULL DUE TO AMZON NEWS BUT AMZON REJECTED ALL NEWS IN MARKET.
Currently bitcoin market stuck 28k to 40k level lets wait for break 42k and open towards 55k next, if rejected to break fed PUT SOME comments about taping+ qe+ rate hike then ALL CORRECTION downside 25k.
HOLD RIPPLE WHAT EVERY CONDITION ( BIG PUMP ANYTIME)
Currently bitcoin market stuck 28k to 40k level lets wait for break 42k and open towards 55k next, if rejected to break fed PUT SOME comments about taping+ qe+ rate hike then ALL CORRECTION downside 25k.
HOLD RIPPLE WHAT EVERY CONDITION ( BIG PUMP ANYTIME)
#BITCOIN towards 42k still pending, waiting for NFP data today and NFP expecting RED TODAY $ WEAK AND CRYPTO STrong WITH STOCK.
I am waiting correction and buying DIP
I am waiting correction and buying DIP
#BITCOIN +34K TARGET AND DJI STAY ABOVE 33,000 LEVEL THEN BITCOIN BACK TO 38K TO 42K