What is the near future of Bitcoin?

By trade60 | trade60 | 2 May 2021


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On the 4H chart we have a sell signal that would project us into the area of $ 54270 Fibonacci 0.382 retracement. The stochastic would seem to confirm this. Let's see the daily chart:

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A swing high $ 58550 has formed which has been broken to the downside and now represents the new resistance we need to break through to get into the $ 60,000 area. Reason why I would take advantage of some rebounds to sell and buy back at lower prices. Even though it can be dangerous.

Charts from tradingview.com

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This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.

 

THE OPINIONS EXPRESSED BY THE AUTHOR ARE PERSONAL ONLY AND FOR INFORMATION PURPOSES AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHERWISE ADVICE.

 

 

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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