Bitcoin looks like it has one more dip before a bullish run over the next few months.
Weekly is still BEARISH MacD . I anticipate one more week or so of range.
Otherwise the Daily Candles are BULLISH .
Volume was large at Midnight Today, but has been steadily decreasing which is BEARISH . The SEC CFTC talks did little for what was already happening in price.
Fibonacci levels line up with approaching Support and Resistance levels. Fibonacci indicator helped me accurately predict the zone we are in now as a place of support. We could see a further dip to the $6750 area before onward and upward.
Elliot Wave is not an exact mathematical indicator and is open to your interpretation. However using it in this setting one can see where the Resistance and Support are incoming.
Taking a long term View, my forecast is a return to December levels in April or May. That is a 5-6 month recovery. Positive healthy signs for a valuable asset.
you are wright !! I think we are still bearish too ! I am waiting for the 5500 mark
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May is my birthday! Great time to cash out! Thanks for this, always refreshing to see!
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Happy Birthday :)
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Best post brother, thank information
@jacobts
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Thank You Fauzannur!
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Thank you for your questions and comments.
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Fee Fii Foo Fummmm, I smell the blood of a bull trap'em.
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Ha ha. Indeed. Bloody February.
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