Trim line support and resistance as well as symmetry indicate BTC reaching temporary support near 30,000. If support holds, the expectation is that BTC will rise toward 40 ,000 on or near 2 June 2022.
Comparing BTC price with BTC production/mining cost. Bitcoin / U.S. dollar BITSTAMP:BTCUSD HexaTrades As you can see from the above chart, currently BTC price is below its mining cost. when mining costs are lower than […]
Conflict Zone: When the fun real starts? Bitcoin / TetherUS BINANCE:BTCUSDT AlexisFerlian Rejection in the EMA’s 200 with a bullish pinbar . we have a conflict zone in the 60k+ which means that the real […]
Bitcoin Analysis 6/2/22 (Wyckoff Redistribution Update) BTCUSDT Perpetual Contract BYBIT:BTCUSDT NeutronMan I believe I mislabeled a few of the Wyckoff steps from my last post so I corrected them. I also drew in this descending […]