Bitcoin Technical Analysis: Waiting to Move

Bitcoin Technical Analysis: Waiting to Move

By Workin | Technical Analysis | 16 Apr 2019


Bitcoin continues to consolidate just above $5,000. Volume has been cut in half from recent highs, but remains relatively strong when compared to January and February. The market is taking a breath as traders await the next major move.

190903265-327fbc842960888f0f8972a6a666abe98e8cc1fbbc8d8c33b8b8f74af1bedee3.png

In today’s analysis I discuss where price may be heading next, key areas to watch, where I’ve placed my buy orders and so much more. I hope you find it helpful.

Video Analysis:

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading.

Workin

Disclaimer: I am NOT a financial advisor and this is NOT financial advice. Please always do your own research before investing. 

Open an Account on Binance here:
https://www.binance.com/?ref=16878853

Support the Crypto Ecosystem with Brave Browser:
https://brave.com/wor485

Twitter handle is @Workin2005 and Facebook is https://www.facebook.com/Workin2005
Feature Image By: Saul Gravy


Workin
Workin

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom


Technical Analysis
Technical Analysis

Crypto: Hated by governments, banks and dictators. Loved by all those who believe in true freedom. Retired airline pilot...full time crypto enthusiast. #Freedom

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.