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Bitcoin technical analysis

  • #9,141
  • Apr 10, 2021 8:10am Apr 10, 2021 8:10am
I read a lot about the digital yuan, and nothing make sense but this, why the $3400 move in BTC:-

CHINA PROPOSES DIGITAL CURRENCY THAT WILL LOOSE ITS VALUE IF NOT SPENT



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  • #9,142
  • Apr 10, 2021 8:15am Apr 10, 2021 8:15am
Ukrainian public officials own $2.6 billion in bitcoin

Bitcoin Price Surge Above $61,000 Leads to $500 Million In Short Liquidations

How the digital yuan stablecoin impacts crypto in China: Experts answer

Exec of Chinese Blockchain Firm Allegedly Misappropriated $45M in State-Owned Bitcoin: Report

Bitcoin mining in China could soon generate as much carbon emissions as some European countries, study finds
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  • #9,143
  • Apr 10, 2021 8:18am Apr 10, 2021 8:18am
H1

https://www.mql5.com/en/charts/13753...-group-limited
  • #9,144
  • Apr 10, 2021 3:33pm Apr 10, 2021 3:33pm
long LTCBTC

TP @ 0.0044
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  • #9,145
  • Apr 10, 2021 4:08pm Apr 10, 2021 4:08pm
Bitcoin went down $61 today. I wonder where eToro gets its prices since Bitcoin definitely went down not up.
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  • #9,146
  • Apr 10, 2021 11:55pm Apr 10, 2021 11:55pm
I think a more serious decline is expected. tp.57700.
this will take 1-2 days.
  • #9,147
  • Apr 11, 2021 4:01pm Apr 11, 2021 4:01pm
Quoting tiborf71
I think a more serious decline is expected. tp.57700. this will take 1-2 days.
No decline yet as Bitcoin went up $999 today.
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  • #9,148
  • Apr 11, 2021 11:44pm Apr 11, 2021 11:44pm
CryptoGti12 is heading for 100 for the first time
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  • #9,149
  • Apr 11, 2021 11:49pm Apr 11, 2021 11:49pm
Long DSHBTC for 0.00534
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  • #9,150
  • Apr 12, 2021 4:25pm Apr 12, 2021 4:25pm
Bitcoin went up $716 today with a low ATR of 1,846.
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  • #9,151
  • Apr 13, 2021 9:29am Apr 13, 2021 9:29am
BTCUSD:-

next $66k then $68k

watching $62300 and $61400 for possible longs
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  • #9,152
  • Apr 13, 2021 1:01pm Apr 13, 2021 1:01pm
USING DISCREET LOG CONTRACTS TO ATTACK BITCOIN FORKS


The race to ‘decarbonize Bitcoin’ accelerates with Decarbbitcoin Labs initiative
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  • #9,153
  • Apr 13, 2021 4:26pm Apr 13, 2021 4:26pm
Finally Bitcoin had a nice day going up $3,245 today with a high ATR of 4,003.
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  • #9,154
  • Apr 14, 2021 2:40pm Apr 14, 2021 2:40pm
Coinbase stock down from $430 to $310 taking everything with it down

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  • #9,155
  • Apr 14, 2021 4:25pm Apr 14, 2021 4:25pm
Bitcoin went down $804 today with a high ATR of 3,618. Is today's results related to the loss in value of the Coinbase stock?
If this is the case it would indicate a loss of confidence in crypto. Any comments?
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  • #9,156
  • Apr 15, 2021 4:27pm Apr 15, 2021 4:27pm
Bitcoin went up $1,002 today with a low ATR of 1,647 erasing yesterday's loss.
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  • #9,157
  • Apr 16, 2021 2:35am Apr 16, 2021 2:35am
https://www.mql5.com/en/charts/13784...-group-limited
  • #9,158
  • Apr 16, 2021 4:39pm Apr 16, 2021 4:39pm
Bitcoin went down $1,412 today with a high ATR of 3,815 mostly on the down side.
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  • #9,159
  • Apr 17, 2021 4:03pm Apr 17, 2021 4:03pm
The weekend didn't start well for Bitcoin losing $1,357 today.
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  • #9,160
  • Apr 18, 2021 12:32am Apr 18, 2021 12:32am
BTC. The important supports are close to $55K and then $50K. All uptrend lines are broken. For now an immediate move above $60250 is needed to negate the downside momentum on intraday charts.


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But irrespective, I think dip is a buying opportunity for longer term of 3-6 months. Until the fundamental reverses (Fed stops money printing and asset purchases), crypto is likely to remain bid.
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