Following Optimistic Pump BTC Broke Down to 29,800
Yesterday, I have posted about Bitcoin forming ascending triangle with the bullish price target of $30,700 and the bearish price target of $29,600 (link to article)
Unfortunately, Bitcoin broke down towards $29k the good news it that it is on the hourly timeframe and the wicks we can see on the chart signify dangerous trading zone with fake outs to catch high-leveraged shorts and longs into liquidations!
However the 4 hour timeframe now looks like a rising channel with breakout points around $28,500 (for a bearish scenario) and around $31,000 (for a bullish breakout)
We should know the Bitcoin bearish or bullish direction by around 20th of April!
Follow my “$0.50 to $100 Bankroll BOSTER” Blog where I trade Publish0x payouts on Kucoin to increase earnings!
https://www.publish0x.com/050-to-100-bankroll-booster
TWO EXCHANGES I RECOMMEND YOU JOIN + BINANCE SIGNUP BONUS!
1. Kucoin (for Publish0x payouts and gem tokens)
I found Kucoin to be the best way to withdraw your Publish0x payouts and with upcoming Kucard it will be the best way to spend your earnings on coffee, groceries, etc. You can get $500 trading bonus and 10% off trading fees if you register via my referral link ($100 deposit required though)
https://www.kucoin.com/r/rf/rMPFXAS
2. Binance (withdraws to your card or bank accounts good bonuses and promotions)
Binance offers first debit card issuance for free - it is one of the best options if you are thinking to utilize your crypto in a real world! They also have the best withdraw fees of either €1 via bank transfer or 1,8% to your debit card.
Registration link: https://accounts.binance.com/en/register?ref=41110736
