Breaking

Bitcoin Holds Above $62K as HYPE, ADA Lead Altcoin Recovery: Weekend Watch Is ‘gold becoming roomies with Bitcoin’ and will a short squeeze trigger a rebound? Bitcoin, Ether extend relief rallies as extreme fear meets renewed ETF buying Can the Major Bitcoin Bull Strategy Recover From Here, or Are There Warning Signs?

Trading View April 6, 2022

Bitcoin bounce?

Bitcoin bounce?

Bitcoin bounce?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

HH_Analysts

BTC is hitting the 4hr 200 ma with both 20/50emas sitting at the red resistance line. A bounce is very likely in my opinion, but may not happen. TA is like educated gambling. It’s like being the house at the casino and playing with odds in your favor. If a casino in Vegas announced they were paying out odds, 70 you win / 30 we lose, we would all be rushing to find a table. Not saying I’m 70% sure I’m always right, just giving an example of what it means to do what I am trying to do. You’re never going to always be right but with odds in your favor, you’re also not going to not try. – HH

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