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Todaybitcoin

Bitcoin Bulls Bank Gains, Vigilant for Game-Changing News ReleasBreaking down today's market moves, it seems the bulls took their profits early in the London session. Despite a current downtrend since the London open, don't worry if you missed the initial bull run – the market is poised for necessary corrections. As I await key releases this week, starting with the impactful FOMC meeting, I'm on the lookout for an entry point. Whether it's a bullish continuation or a reversal to the downside, I'm keeping risk low. Stay humble, my friends, and trade wisely for another day
CRYPTO:BTCUSD
by Districtfx
Bitcoin moving within critical RedZoneBitcoin Technical Overview: Key Resistance: $6280 - $6340 - $6392 - $6450 Key Support: $6230 - $6170 - $6116 - $6036 Technical Indicator: RSI: RSI lacks upside momentum, in chart dotted red line is strong resistance for XAUUSD. MACD: Indicator having strong seller volume. Moving Avg: SMA50 ($6388.41) & SMA20 ($6434.35) strong resistance for the day (4H Chart). Most Likely Scenario Short Below $6400 with target $6150 - $6036 in extension. Alternative scenario Long Above $6400 with target $6465 - $6520 in extension. Overall, Cryptocurrency market value dropped back below $200B, Bitcoin has returned to critical support level created by $6,100-$6,200. Once it is cleared, the decline may be extended. Thanks YoCryptoManic
BITMEX:BTCUSD.PShort
by yoCryptoManic
Bitcoin want to test $6000 level todayBitcoin trading $6250 level, today it can test $6000 psychological level. Day Trading Range: $6400 - $6000 Key Resistance: $6285 - $6330 - $6372 - $6420 Key Support: $6220 - $6150 - $6100 - $6030 - $6000 Technical Indicator: Moving Avg: SMA20 is trading on $6284 level which is strong resistance for the day. MACD: MacD still having buying volume & going for short order volume. Most Likely Scenario: Short XBTUSD $6280-$6330 with strong stop loss at $6422 and get target $6150-$6030-$6000. Thanks YoCryptoManic
BITMEX:BTCUSD.PShort
by yoCryptoManic
Bitcoin Investors Looknig for EU RegulationsBitcoin Technical Overview: Day Trading Range: $6230 - $6665 Key Resistance: $6530 - $6580 - $6630 - $6665 Key Support: $6410 - $6330 - $6220 - $6150 Technical Indicators: MACD: Indicator shows Bullish Divergence but still did not get Bulls Power Volume. Moving Avg: SMA200 ($6665) strong resistance for the day and next resistance SMA100 ($6861). Overall, For the Bitcoin bulls, the positive would have been to break back through the day’s first major support level by the day’s end, though there were plenty of negatives, of particular concern being Bitcoin’s inability to keep up with the broader market, with most of the majors making solid gains on the day. Support late in the day came off the back of news hitting the wires of a potential Bitcoin ETF application that may find a more accepting SEC though there’s more than just Bitcoin ETFs for investors to consider at the moment, regulators and government officials continuing to take a close look at the market. For the Bitcoin bulls, the threat of a return to sub-$6,000 levels is significant, particularly when considering the planned review of ICOs and the Cryptomarket at next week’s EU finance ministers’ meeting, which could deliver a blow to the broader market ahead of the planned roll out of unified rules and regulations by the G20. Thanks YoCryptoManic
BITMEX:BTCUSD.P
by yoCryptoManic