Latest Posts with bitcoin price analysis tag

bitcoin price analysis

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Bitcoin Price Prediction 24 July 2020

24 Jul 2020 1 minute read 0 comments Qwertyx

Before making an investment read the date of the article carefully.   According to my latest analysis my prediction is to:   Go long around 9540$ Stop loss is 9425$ Take profit is around 9660$ Leverage 5x   Go Short around 9660$ Stop loss is  around...

Bitcoin Price Prediction of 23 July 2020

23 Jul 2020 1 minute read 3 comments Qwertyx

After making profit of my last prediction here comes today's prediction.   Before making an investment read the date of the article carefully.     According to my latest analysis my prediction is to:   Go Short around 9550$ Stop loss is  around 9675$...

Bitcoin forming a short term uptrend channel

13 Jul 2020 1 minute read 0 comments DanBlock

Bitcoin had a burst of volatility yesterday, just after the intersection we discussed in the previous article. We briefly went below the bottom green line at $9210 which got me worried but we quickly bounced back up and we are now heading up in a sor...

Bitcoin will go up or very hard down

11 Jul 2020 1 minute read 1 comment DanBlock

We are at a crucial point in the chart where Bitcoin price is now at the intersection of a horizontal support/resistance and an uptrend support. I rarely go to low time frames in the chart, but I want to show you how the price is bouncing between the...

Is Bitcoin recharging before a massive blast off?

9 Jul 2020 1 minute read 0 comments DanBlock

Bitcoin just dropped to $9250 area as I predicted it in my yesterday's article. I think we are charging up to a massive blast off if we get over the yellow long-term downtrend, I've been looking at this level for a long time and we could be very near...

Bitcoin approaching long-term downtrend again

8 Jul 2020 1 minute read 0 comments DanBlock

Bitcoin had a very nice recovery from the lows we have seen on Sunday the 5th and it's now fast approaching the long-term downtrend line. If we look at the 4 hour chart, we can see we are getting near the yellow line. This is a very important level w...

Bitcoin is back in a dangerous area

2 Jul 2020 1 minute read 0 comments DanBlock

Today Bitcoin printed an ugly red candle, I don't like this for a number of reason including the fact we are now just below the short-term downtrend. If by end of the day we don't go back up, we may be headed even further down. As we have seen, the s...

Bitcoin back above the short-term downtrend

1 Jul 2020 1 minute read 0 comments DanBlock

Bitcoin has been moving sideways for some time and finally went above an important downtrend line, it's remarkable to see how much it was squeezing between trend lines I put in place this week. Once reached the end of the trend, it finally broke abo...

Short-term downtrend keeping Bitcoin down

29 Jun 2020 1 minute read 0 comments DanBlock

The purple short-term downtrend is keeping us down for a while now and we are also testing a couple of supports over and over and the question is, will they hold? If we look at the 4 hours chart, we can see a clear down trend and support at $8900, th...

Turning point for Bitcoin?

25 Jun 2020 1 minute read 0 comments DanBlock

Bitcoin made a very dangerous move early this morning by almost reaching last resistance I have on my chart before things get ugly but it's now back up over the safer level over $9220. I like that it created a nice V-shaped pattern that to me is a g...