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Bitcoiin

Btc Dominance appears to be getting rejected from channel retestBitcoin dominance chart just recently bounced back up in an attempt to climb back inside the ascending channel it recently broke under and as of now both candles that sent a wick back inside the channel upon the current retest both closed their candle bodies with the channel still as resistance. Since then we are now seeing the current candle appear to head lower again suggesting the bottom trendline of the channel will be confirmed as solidified resistance, in which case price action has a much higher probability at this point of validating the breakdown and dumping to the 53% target. If this occurs we are very likely to see alt season really tart too kick in here soon. *not financial advice*
CRYPTOCAP:BTC.D
by DrDovetail
BITCOIN green candlesticks are weak more correction expected ❌🧨Hello 🐋 based on the chart, green candlesticks are become weaker and weaker and the price is in range zone and possibility for breakout of the parallel channel to the downside, and we can see 23k and 25k prices soon 📖 so we need even more correction to the downside for long term view before huge gain ❌🧨 beside range candlesticks to the upside and downside before any other sharp movement is logical too 📖💡 and brief amount of gain and green candlestick is logical for future correction (suppose it as a stop loss hunting) 📖💡 Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Short
by MadWhale
7
BTC USD - an observation on EMAI was just looking through the chart and noticed these few things. The 200EMA ( Yellow) - Previously the longest below PA was 133 days in End 2019 till 1st April 2019 Currently, PA has been below the 200 for 238 days, over 100 days Longer.....A Sure sign of how havy that bear market was / IS The 50 EMA ( RED) is another story - Previous longest below PA was 427 days from August 2014 to Oct 2015 Currently, 50 is under PA and we have till 6 March 2023 till we equal this time BUT what is VERY interesting for me is that in 2014, 84 days after PA went under the 50, it rose rapidly and touched the 50 again, trying to break through. It got rejected And Exactly 84 days after PA went under the 50 this time, it also tried to break through the 50. It succeeded for a little while but once again, got rejected. SO, will PA act as a fractal again and break above in March ? Who knows...But it is certianly something I find interesting
INDEX:BTCUSD
by Orriginal
Bitcoiin (B2G) - Range BreakoutSaying Bitcoiin is a microcap is an understatement. If I would ever even consider a position in such a small market cap with an iliquid market, a lot of things need to align. First, I would like to see a clean weekly close above the red line. Secondly, a consolidation period where we could buy a wick below the red line where price gets rejected. Finally, a relatively small volatility where a stop below the most recent swing high offers us a good risk-reward trade to our next level. HITBTC:B2GBTC Market Cap: $91,583 USD 11 BTC
B
by rolesnioc