BlogHide Resteemscampfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Desperate For RescueBitcoin continues to struggle to gain any momentum and move up from last week's tumble to $30,000 USD. There are a lot of things contributing to Bitcoin and the crypto market volatility. We've had…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Where Do We Go From Here?Bitcoin and for the most part the entire crypto space took a nosedive in price this past 5 days. Some major indicators are suggesting we're going into a bear market but BTC is in an interesting and…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Downward FlowBitcoin continues to flow down in price since we witnessed the 10 and 50 day moving average cross on April 23rd. Ever since that event we've seen a lot of downward price movement and other bearish…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Taking A DipMore unsettling news while we watch Bitcoin's movements... We mentioned just a few days ago that the 10 and 50 day moving averages were making the current bull trend look uncertain. Well, those…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Bulls vs BearsBitcoin is fighting to stay bullish and continue the uptrend force we saw through 2020. The problem is the bears are gaining confidence while some indicators are signaling the end of this bull run.…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Up or Down - FUD or FOMO - Bear or BullThe RSI (Relative Strength Index) dipped yesterday to around 43 with a small sell off. That low RSI was countered today with a large green candle, signalling the day traders are still at it with…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Reds and Greens - Trend / Technical AnalysisWe look at a lot of different indicators. Red days and green days over a number of days start to show patters. Patterns that can help to predict future movement. For example, watching for things…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Mixed SignalsIt's another mixed bag of signals today. Bitcoin is sitting around $54,800 and continuing to play games on our charts! Here's what we're seeing... the biggest and most recent indicator was the so…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Is This The End Of The Current Bull Run?It's been a minute since our last post as we watch and comment on Bitcoin. What's happened since our last post? Bitcoin had a tremendous rally and continued some major parabolic moves upward as we…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Parabolic FOMO!It's been a wild ride up these past few days! Bitcoin looks parabolic over the past 30 days now shooting up from around $11,450 USD to now just under $18,000 USD! The FOMO has definitely started…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Is FOMO Picking Up?Bitcoin smashed through $16K like it was nothing! And we moved out of the wedge we saw the other day... but we moved up! Which is great, as we thought it could go down and were preparing for a…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Can We Break $17,000?Bitcoin is still showing strength as it moved up above $15K and now sits there setting the support levels and the stage for whatever may come next! The next big ceiling to break through is going…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Smashing the $15K Level!Bitcoin shattered through $15K like a bullet through a glass window! Here we are now at $15,566 USD as BTC looks at the next level to break. At this rate we could see a push to a new all time high…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Breakout Above $14K!Bitcoin has pushed through $14K like it was nothing! Now we need to keep moving up... to solidify this level as a line of support, but don't be surprised if there is some selling. The US election…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - King of CryptoBitcoin has been making a lot of big moves this year! Keep in mind that BTC started the year (January 1st, 2020) around $7,050 USD! It's nearly doubled and the year isn't over yet! 😁 This year…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Believers Continue To HodlBitcoin has pushed up to the $13.5K price range now and held this position for the past 3 days. Currently sitting at $13,548 USD. The push up past $12,000 USD was a major move and with that move now…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin Update - Weak Hands Become BelieversWell, Bitcoin pulled back but not in a major way as we mentioned. It simply began a sideways move that has allowed for the price to now fall back into the upper band of the Bollinger Bands. This is…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - Keep a Close Eye!The PayPal news has no doubt sent Bitcoin flying high... and while we're happy to see it move up it's important to note that in the short term, we're moving up a bit too fast! In other words, expect…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Watching Bitcoin - $12K BreakoutBitcoin has broken out of the $12K ceiling! Remember this is the area where the majority of BTC hodlers are now profitable on their Bitcoin investments. That makes this area a point of resistance…campfire (48)in hive-138698 • 4 years agosteemCreated with Sketch.Riding the Bitcoin WavesWe shot up 7 days ago around the time that the 10 and 40 day moving averages crossed. That was a great indicator and we always keep an eye on those MAs but like to watch the 50 for more sustained…
