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Bitcoin technical analysis

  • #9,581
  • Sep 1, 2021 4:17pm Sep 1, 2021 4:17pm
Bitcoin went up $1,270 today with an average ATR of 2,598 with a high of $49,078 and a low of $46,480.
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  • #9,582
  • Sep 2, 2021 11:46am Sep 2, 2021 11:46am
BTC could not sustain above 50K today, but is still bullish and a sustained move above that would lead to a sharp rally towards 60K

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  • #9,583
  • Sep 2, 2021 3:07pm Sep 2, 2021 3:07pm
Good news for Bitcoin.

Second Largest US Mortgage Lender to Accept Payments in Bitcoin By DailyCoin (investing.com)
  • #9,584
  • Sep 2, 2021 4:28pm Sep 2, 2021 4:28pm
Bitcoin went up $1,294 today with a lower than average ATR of 2,134 with a high of $50,338 and a low of $48,204. Bitcoin still has a hard time cracking the $50k threshold.
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  • #9,585
  • Sep 3, 2021 4:20pm Sep 3, 2021 4:20pm
Bitcoin went up $580 today with a higher than average ATR of 2,709 with a high of $52,017 and a low of $49,308. Now that Bitcoin broke the $50k barrier the question is will it stay above that level this time or go back down below?
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  • #9,586
  • Sep 4, 2021 4:08pm Sep 4, 2021 4:08pm
Bitcoin went down $56 today. Looking at the chart the trading range was quite small.
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  • #9,587
  • Sep 5, 2021 4:07pm Sep 5, 2021 4:07pm
Bitcoin went up $1,552 today so it went up $1,496 for the weekend.
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  • #9,588
  • Sep 6, 2021 5:38am Sep 6, 2021 5:38am
Still long for $53800
  • #9,589
  • Sep 6, 2021 4:10pm Sep 6, 2021 4:10pm
Bitcoin went up $333 today with a very low ATR of 1,199 with a high of $52,758 and a low of $51,559.
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  • #9,590
  • Sep 6, 2021 11:56pm Sep 6, 2021 11:56pm
BTC had a strong breakout and is now headed towards $59730

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  • #9,591
  • Sep 7, 2021 1:34pm Sep 7, 2021 1:34pm
Quoting pipfarm
BIT COIN COULD BE ABOUT TO CRASH {image}

And crash it did

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Follow The Markets Structure - Patience and Discipline
  • #9,592
  • Sep 7, 2021 1:48pm Sep 7, 2021 1:48pm
BTC

Scalping

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,593
  • Sep 7, 2021 2:43pm Sep 7, 2021 2:43pm
1st post here. Didn't expect it to crash, but did expect a move down from $53,000 to $43,000, still in it and going to hold for a double bottom. Fingers crossed.
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MY GRID. Markets are NOT random.
  • #9,594
  • Sep 7, 2021 4:10pm Sep 7, 2021 4:10pm
Bitcoin went down $5,081 today with an extremely high ATR of 10,002 with a high of $52,903 and a low of $42,901. It's obvious that there were a lot more sellers than buyers today in order to get the highest ATR to the down side that I have ever seen.
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  • #9,595
  • Sep 7, 2021 5:57pm Sep 7, 2021 5:57pm
Quoting Pat Chiko
BTC Scalping {image}
BTC

Target for today scalp

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I come from the future.
Karen X Mas Bonus 2025 All Time Profit: $15,104
  • #9,596
  • Sep 7, 2021 6:39pm Sep 7, 2021 6:39pm
Quoting Pat Chiko
{quote} BTC Target for today scalp {image}
I got my TSL @ your TP
MY GRID. Markets are NOT random.
  • #9,597
  • Sep 8, 2021 4:37am Sep 8, 2021 4:37am
BITCOIN IN BIG TROUBLE

Daily will retest the current swing low then correct and after that sad to say one almighty crash could take it down to levels we have not seen for quite some time , maybe 14k
Follow The Markets Structure - Patience and Discipline
  • #9,598
  • Sep 8, 2021 7:20am Sep 8, 2021 7:20am
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  • #9,599
  • Sep 8, 2021 8:17am Sep 8, 2021 8:17am
Quoting pipfarm
BITCOIN IN BIG TROUBLE Daily will retest the current swing low then correct and after that sad to say one almighty crash could take it down to levels we have not seen for quite some time , maybe 14k

I should add why i think bit coin will take a serious dive soon

If one is to believe in Elliott/Mandelbrot fractals therein lays the answer


Weekly parent wave will complete a copy fractal of itself at a larger degree scale , that is a fractal , anyone can check the definition via the big G , this fractal copy structure happens in all walks of life , just the same as the markets.
Follow The Markets Structure - Patience and Discipline
  • #9,600
  • Sep 8, 2021 9:54am Sep 8, 2021 9:54am
Attached Image (click to enlarge)
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MY GRID. Markets are NOT random.
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