The price of Bitcoin keeps positive trend after his third halving, generated the day Monday. Will you be able to maintain this trend in the short term? I will try to give answer in my analysis of today. Graph of the price of Bitcoin the past 2 days, Yesterday we said: ”the Possibility Bullish for the next few hours: +65% | -35% …” And such which, while a +75% would have been more in line. As you can see in the graph to 1 Day. And the “we do Not rule out downs near the close of Wall Street.”, not given by any side. Or a subsection bearish remarkable… Continued shopping for hours until we made some feint braking, to return to the path Upward to almost $10,000 in just a few hours of writing this report: we are now at 13:45 hs Spanish and with a drop-off typical… When it approaches the border of the 10K. And in this situation we ask ourselves: What are the prospects of the price of Bitcoin today? Let’s see…
- 1 Analysis of the price of the Bitcoin, short-term (1 to 2 days)
- 2 Analysis of the price of the BTC in the medium term
- 3 Analysis of the price of the BTC long-term
- 4 Did you like the content? Share it
Analysis of the price of the Bitcoin, short-term (1 to 2 days)
Trend analysis of price of Bitcoin in the short term, As seen in the graph only affects the slowdown seen in the chart of BTCUSD. We are still in Bullish trend for the Short Term. Well-defined during last hours, only a slight narrowing in the last few hours. Our Indicator CryptoTrend in INTRADAY: Possible Bullish uptrend for the next few hours: +60% | -40% … on the other hand, other indicators, we have detected a certain exhaustion or out of money (or a little projection of cash flow of the Whales, is an indicator that we are dealing with mode of trial) which gives us notice that the $10,000, to return to that dimension, would be insurmountable for today and… Of time. Maybe tomorrow? Without a precedent, what we show here: we Insist that this indicator is in evidence and, in addition, it has a greater probability of success after the close of Wall Street, between 22:30 and 23 hs Spanish; there we take your percentage value in mind for the following hours…
Analysis of the price of the BTC in the medium term
Trend analysis of price of Bitcoin in the medium term we Continue to remain in Bullish trend for the Medium Term. Undid the spin Bearish yesterday we questioned the trend. Everything perfect. You should test the $10,000 back… sooner rather than later or vice versa.
Analysis of the price of the BTC long-term
Trend analysis of price of Bitcoin in the long term From last Friday is in Uptrend, and stands up perfectly. We can still catch a glimpse of some happiness… Buyer: the 10k and, maybe, also the $12,000 in the near future… we’ll See. The warning always to keep in mind: To cross the brown line above… It would become a BULLISH trend, and the goal of what we might estimate to 10,000 (minimum) of the BTCUSD.
Conclusion and Possible Trading Strategy
We are on Bullish Trend today (yet)… Or rather List-BULLISH. It is expected volatility.The Medium-Term remains Bullish, we have faith in the 10k again, and that, probably, can overcome them.Possible strategy: we do Not have today.
Scenario overview / Market Timing (Long-Term)
We have happiness and hope and faith and continue shopping. Will we see the $12,000? Likely if we do not prevent parallel life, and very real, of the current situation: we will continue pending all desescaladas in place, especially those of Europe. A return to confinement is synonymous with greater worsening of the economy or their expectations for the future, sowing uncertainty of when it will end this paralysis, economic and others… not forgetting the debt to which you are submitting each country or, worse, directly throughout the European Union. Already there’s a spike of DEATHS and of CASES at least in Spain in the last 48 hours. Much eye. Everything can be rotated in the Medium/Long Term. Be followed very close to these graphics… To finish, we invite you to comment… What do you think are the prospects of the price of Bitcoin?
To take into account
The author reserves the to reveal what a material of charts and indicators used. Just warn you that using Moving Averages: although it may not be based on the instrument of the Bitcoin, though it did serve to predict the trend of this. I invite you to read my comment of ‘The Market’ in general (Forex, Stock) for now and in the medium term in EuroPost.info. You can also follow automated analysis (Real-Time) of cryptocurrencies HERE. The information of this content should be taken only for educational purposes, not claiming under any point of view to encourage the purchase / sale of financial instruments.