Saved by the Wedge! BTC @ $45750 - Bitcoin Updated Tech Analysis Graph. #Selftaught #Analyst
I have updated the Bitcoin Graph. There seems to have been a #selloff in the Eastern #bitcoin exchanges. Often this is the case as traders sell off for the inevitable buy back from the #European and #USA buyers. I am hoping for a push back up into the green wedge (triangle) as this is the area we want to be in for #Bitcoin to reenter the #bullmarket
As for my previous post...
https://peakd.com/cryptocurrency/@jim-crypto/bitcoin-to-dollar77-000-this-year-bitcoin-techanalysis
I did mention -and need to highlight again- that the $77k Bitcoin could be a few months away. We are still in a bull (buyers) vs bear (sellers) battle at the moment. One of my less optimistic predictions sees BTC drop to just under $40k per BTC before being supported by the buyers.
If you are feeling disheartened by the sells offs, remember that #Bitcoin touched $29k exactly 2 months ago. What would you have given for your Bitcoin to be worth $45750 back then?
THE END
Trade wisely and #HODL when you aren't sure what to do. This is not financial advice, educate yourself before trading. Uneducated trading is the same as gambling!
#crytocurrency #NFT #game #strategy #Blockchain #Splinterlands #Ethereum #blankosblockparty #playtoearn #Techanalysis #Ethereum @ultm8x @nft @threshold.guardian.gaming @urban_cinematography @hive #hive @arcange @ctime
Congratulations @jim-crypto! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :
Your next target is to reach 1500 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
Check out the last post from @hivebuzz: