Bitcoin for Late 27 June, continue to show some negativity around the general sentiment for price action. It shows that it's having support around 8800 and 8700 levels that were previously on 25 May,
currently, Bitcoin price has broken the uptrend channel and trading around 9000. The general trend is bearish at this moment unless we see some good support or a reversal.
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Have a good day and happy earning.
@cryptouss
------------------------------------------- DISCLAIMER ------------------------------------------
This is not a financial advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might have the wrong assumptions in some cases.
[Images Sources: Tradingview.com]
Bitcoin has shown a sudden upward move this night, As it breaks to throw the phycological resistance line and continue trending higher.
Our new Support line became $10,000 as bitcoin show more and more strength along with its trend.
we will be updating our analysis accordingly to provide more accurate analysis for that event.
Enjoy Hodlers. This is your time to shine.
Thank you for reading this post, help us by up-voting it's highly appreciated.
Have a good day and happy earning.
@cryptouss
-----DISCLAIMER-----
This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
[Image Source: tradingview.com]
**Bitcoin is slightly Up today as it's trying to recover 2Jun Losses,
Bitcoin is up today 1.74% on Thursday 4 Jun. **
Bitcoin has moved to a new range which is between 9694 as support and 9844 as resistance.
Currently, it's still ranging between those levels as we are still bullish in our prediction as we don't see the price above 9240, which already that happens.
Bitcoin is still holding strong at this moment and waiting for its next move.
Our Oscillator indicator shows Buy signal as well as Moving Averages has a Strong Buy signal, we will remain bullish at this moment until we see a move that breaks the levels that we have mentioned above.
Thank you for reading this post, help us by up-voting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
[Image Source: tradingview.com]
Bitcoin is hovering around for more than a week now, In a tight range without a huge mover or percentage change.
We have seen some weakness in term of price momentum, that what indicate the RIS stochastics as well, as it starts dipping below the 25% which indicate that we might enter the oversold area, therefore more consolidation before it reverses the trend.
For the day we can say that Currently Bitcoin it's trading in a range between 9220 and 9562.
For the moment the general trend in Bearish on Bitcoin unless we see another move that contradicts our hypotheses.
Thank you for reading this and help us by supporting, it's highly appreciated.
Have a good day and happy earning.
@cryptouss
------------------------------------------- DISCLAIMER ------------------------------------------
This is not a financial advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might have the wrong assumptions in some cases.
Bitcoin has shown a sudden upward move this night, As it breaks to throw the phycological resistance line and continue trending higher.
Our new Support line became 10,000 as bitcoin show more and more strength along with its trend.
we will be updating our analysis accordingly to provide more accurate analysis for that event.
Enjoy Hodlers. This is your time to shine.
cap.finance
Cap is a protocol to trade the markets with stablecoins.
CAP has jumped 70% in the last 24h as more investors come in.
There are only 5000 CAP remanining in Uniswap and it's limited supply.
Bitcoin is trading in a narrow range for a couple of days nothing has been changed with our last analysis, As we stay bullish on Bitcoin as long as it holds above the support trend line.
Bitcoin has held it's the price above $9480 for 8 June, therefore with our analysis bitcoin is holding its level without any change so far.
We will be looking for Tuesday price as it should hold above $9435 by the end of the day of 9 June,
to stay bullish on Bitcoin.
The General Trend will remain bullish if nothing changed.
Thank you for reading this post, help us by up-voting it's highly appreciated. Have a good day and happy earning. @cryptouss
-----DISCLAIMER----- This is not an Investment advice, you are responsible for your own trades. We do provide technical analysis for the current market situation and it's a prediction for the currency price, we might be wrong.
[Image Source: tradingview.com]
Bitcoin currently is trading in a range, and it has been moving in the same range for almost a month now, We need to keep watching for a bigger move, as we still didn't see a movement after the halving, potentially this would be happening very soon.