Breaking

Delaware Advances Bill to Ban ‘Predatory’ Bitcoin ATMs BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market Botanix Will Shut Down Bitcoin Layer-2 Network in July, Citing Lack of DeFi Demand Bitcoin rises despite US inflation hitting 3-year high: Where will BTC price go?

Trading View May 5, 2022

BTC 3D Chart – Bearish Prospective

BTC 3D Chart - Bearish Prospective

BTC 3D Chart – Bearish Prospective

Bitcoin / TetherUS BINANCE:BTCUSDT

Brodie

Daily close today broke key trend line support. Retest of the ~$30K region seems like the likely shorter term outcomes for BTC . Bearish view points to consider over the long run from here if this scenario plays out:
* Trading range Demand zone and fib level golden pocket support around the $28-$30 price region
* Daily OB support at $23k and $19-$20K (also prior cycle ATH)
* 200W SMA support (cycle bottom) – NOTE: BTC has wicked to the 300W SMA in the past

APPLY RISK MANAGEMENT ON ANY RELIEF RALLY MOVES

You might be interested in …

LUNAUSDT LONG POSITION

Trading View May 10, 2022

LUNAUSDT LONG POSITION

LUNAUSDT LONG POSITION Luna / TetherUS BINANCE:LUNAUSDT yas777een its time to buy don’t miss this opportunity , most of currency over sell and in strong support area

A Common Pattern

Trading View March 31, 2022

A Common Pattern

A Common Pattern Ethereum / TetherUS BINANCE:ETHUSDT stawberryelephant ETH may bog somewhere in between, but it’ll be bought up. It’s gonna sit here, bart up, then rise more, then fall off a cliff .

Dogecoin signaling Bull move

Trading View March 20, 2022

Dogecoin signaling Bull move

Dogecoin signaling Bull move Dogecoin / US Dollar BITTREX:DOGEUSD HOOPFOOD The falling wedge into support on doge coin may be sinaling bullishness in crypto. I am not a fan of Doge coin but I am […]