Apparently, according to all major time frames, Bitcoin desires to meet up with 70 HMA, on the 270 min, and 6H chart targeting ~$8,350.
I expect for such zone to be used as a double top on Bitcoin.
You can observe also that HMA is supporting BTC on 9H chart: HMA is steeply rising therefore it is of strong support, which is of great concern for bears.
I expect for such zone to be used as a double top on Bitcoin.
You can observe also that HMA is supporting BTC on 9H chart: HMA is steeply rising therefore it is of strong support, which is of great concern for bears.
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If some have noticed, I didn't update as much on Bitcoin, really because I know how many times one can assume this or that without waiting and then expressing when oneself is convinced. Which is what occurred as I posted more ideas. I will therefore resume posting my ideas cautiously. Not posting ideas about Bitcoin every hour... That will only lead to doubting oneself's analysis every so minutes like all these people are so confused, I got mixed up with them, so I will now carefully only post very important events I could suggest.
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Resistance being demonstrated on these charts:
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Now could be the real H&S
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$8,300 reached (Coinbase)
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Bearish Divergence forming and expected on 6H (360)
BTC currently at $8,400
BTC currently at $8,400
