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Bitcoin technical analysis

  • #9,241
  • May 13, 2021 4:26am May 13, 2021 4:26am
3 reasons why Bitcoin doesn't care about Elon Musk


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  • #9,242
  • May 13, 2021 6:45am May 13, 2021 6:45am
The FPA analysis indicates that it might be the time to go long soon:

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  • #9,243
  • May 13, 2021 6:53am May 13, 2021 6:53am
Quoting Hutch
{quote} I don't think so. Dogecoin started as a joke but Elon pushed it to the moon https://www.youtube.com/watch?v=DRcfbYNcLOU
Oh snap! This took an about-face.
  • #9,244
  • May 13, 2021 2:22pm May 13, 2021 2:22pm
Quoting clemmo17
{quote} Oh snap! This took an about-face.
Elon is smart he pushed Dogecoin and Bitcoin after he had bought a lot of them for cheap and announced that his firm would accept Bitcoin as payment for Tesla cars knowing that this would push the price up. Now that he made money selling his stack Tesla no longer accepts Bitcoin to buy Tesla cars.

https://www.cnet.com/news/bitcoin-do...pping-bitcoin/

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  • #9,245
  • May 13, 2021 5:23pm May 13, 2021 5:23pm
Quoting clemmo17
It's always a good idea to bet against Elon Musk, right?
Looking at what happened to Dogecoin and Bitcoin I think it's a good idea to follow Elon's bet

Bitcoin went down $4,986 today with an extremely high ATR of 9,120 with a low of $45,879 and a high of $54,799.
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  • #9,246
  • May 13, 2021 7:04pm May 13, 2021 7:04pm
Has anybody noticed that since Elon bad mouth Bitcoin, the Chinese is all friendly with Tesla as of today.
  • #9,247
  • May 14, 2021 3:35pm May 14, 2021 3:35pm
https://news.yahoo.com/crypto-exchan...oio-jR_Aq0tcAd
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  • #9,248
  • May 14, 2021 4:24pm May 14, 2021 4:24pm
Bitcoin went down $266 in a very quiet trading day as represented by the very low ATR of 1,675.
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  • #9,249
  • May 15, 2021 4:07pm May 15, 2021 4:07pm
Bitcoin went down $1,129 today. This differs from eTtoro because of closing time difference.
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  • #9,250
  • May 16, 2021 5:46am May 16, 2021 5:46am
i think it will come back
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  • #9,251
  • May 16, 2021 4:09pm May 16, 2021 4:09pm
Quoting scalpergold
i think it will come back {image}
If it comes back it's not today as Bitcoin went down by $$3,917 for a loss of $5,046 this weekend. For the week Bitcoin lost $13,632.
I wish eToro closed its market at 5pm EST since it creates havoc with reporting.
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  • #9,252
  • May 17, 2021 3:33am May 17, 2021 3:33am
Sure reliable supports
40K, ...then 30K, 20K, ...and 10K
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Member
  • #9,253
  • May 17, 2021 7:44am May 17, 2021 7:44am
Quoting TudorIoan
Sure reliable supports 40K, ...then 30K, 20K, ...and 10K {image}
The law of gravity is what goes up must go down Bitcoin has defied gravity but how long will it last?
  • #9,254
  • May 17, 2021 7:57am May 17, 2021 7:57am
FPA analysis: BTC hits 42K support area, completing our daily downside target. Now we could start watching for signs of upside reaction.

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  • #9,255
  • May 17, 2021 4:25pm May 17, 2021 4:25pm
Bitcoin went up $692 today with an average ATR of 4,601 with a low of $42,037 and a high of $46,638.
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  • #9,256
  • May 18, 2021 6:05am May 18, 2021 6:05am
long LTCBTC TP @ 0.0072
  • #9,257
  • May 18, 2021 10:59am May 18, 2021 10:59am
BTC near significant support on the daily chart:

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  • #9,258
  • May 18, 2021 4:50pm May 18, 2021 4:50pm
Bitcoin went down $1,465 today with a low ATR of 3,444 with a low of $42,396 and a high of $45,840.
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  • #9,259
  • May 18, 2021 10:01pm May 18, 2021 10:01pm
China shuts banks, finance firms out of cryptocurrency business

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  • #9,260
  • May 19, 2021 12:03am May 19, 2021 12:03am
BTC plunging like a hot knife thru butter:

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