Bitcoin Major Support

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

ImThour

Bitcoin has always considered the previous ATH as the major support level in the next bull run.
We are currently below the support zone and this is a great buying opportunity if we look at the previous cycles.

If Bitcoin gives the next month candle closing below the major support, it will be the first time in the history of Bitcoin .
Not sure what the consequences will be.

Let’s see how May goes for Bitcoin .

You might be interested in …

Trading View March 13, 2022

NVM Ratio: Bitcoin is is overvalued

NVM Ratio: Bitcoin is is overvalued BTC/USD COINBASE:BTCUSD MJShahsavar “Please note that this post is not a recommendation to trade, it is just a review of an ONCHAIN index. “ One way to check the […]

Trading View March 8, 2022

ETH daily timeframe

ETH daily timeframe Ethereum / TetherUS BINANCE:ETHUSDT mr_john358 eth heading to 2513 and then 1700 taking out its triple bottom lows plenty of liquidity which is needed for the next leg upwards after that

Trading View March 23, 2022

SLP Tenbagger call

SLP Tenbagger call Smooth Love Potion / USD FTX:SLPUSD RT_Trading_ Hey trader, please see my current idea on SLP , where my count suggest an increase of 1000% to the 1.618 extension area. This is […]