bitcoin trend chart analysis

way but that episode from recent history serves as a useful reference. Learn More. Videos will now be Monday, Wednesday, Friday Evening EST unless noted otherwise. Total Market Cap: 174.45 Billion, bitcoin Market Cap:.7 Billion. Morning Night Analysis, Marked Up Charts for BTC, LTC, ETH, NEO, EOS, XRP more, Stocks, Commodities, and Forex. As a reminder, 17K is the lowest number of open shorts since February 2018. Bitcoin BTC Price Chart Analysis, home ยป Bitcoin BTC Price Chart Analysis. In this post, we will attempt to create a short-term and long-term price forecast for bitcoin based purely on technical analysis. Because this is the date when bitcoin exceeded its previous all-time of 1135 from November 29, 2013. . Yesterdays sellers volume candle was a lot smaller, which is how a bull market needs to look like (high green candles. Pennant, reversal Patterns, head and shoulders top, tops rectangle.

Thank you for your time and support. This means 22 of gains over the past two hours. Of course, this type of advance is unsustainable. The analysis below pins some probabilities on the likely bottom reversal. Daily charts RSI: Stochastic RSI oscillator is stretched out and could be crossing down soon in the overbought area. Many technical analysts would argue that bitcoins new cyclical bear market ended on January 14, 2015.

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