Bitcoin Tests the Low $40K's

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

quantguy

Bitcoin has blasted through lower levels to find support around $42K exactly as we anticipated here in these reports. It plunged through support at $43.1K but so far, levels at $41K and $42K are holding. If more FUD comes through we anticipate $40K to be a floor for now. If we are somehow able to muster the strength for a rally then $43.1K and $43.8K are the next targets above. The Kovach OBV is pretty flat so we will need more momentum to come through for this to be the case.

You might be interested in …

Trading View March 16, 2022

BTC worst case scenario forecast

BTC worst case scenario forecast Bitcoin / TetherUS BINANCE:BTCUSDT Honestcowboy This situation is very likely to play out on BTCUSDT pair. Looking at this doom triangle and all the uncertainty in the market this is […]

Trading View April 30, 2022

Bitcoin Is Poised For $1.3 trillion Buying Frenzy.

Bitcoin Is Poised For $1.3 trillion Buying Frenzy. Bitcoin / U.S. dollar BITSTAMP:BTCUSD Henry63255 ‘Historic Milestone’—Bitcoin Is Poised For $1.3 trillion Buying Frenzy As Ethereum , BNB, XRP, Solana , Cardano , And Dogecoin Prices […]

Trading View May 20, 2022

BTC AND ITS PATH :)

BTC AND ITS PATH 🙂 Bitcoin / TetherUS BINANCE:BTCUSDT Amirramezany Hi everyone Another analysis of the weekly timeframes of Bitcoin . You will see 40 ,000 bitcoins again and then you will see a downward […]