Armageddon avatar

๐Ÿ“‰ Bitcoin 12H chart ๐Ÿ“ˆ

orphism

Published: 13 May 2019 โ€บ Updated: 13 May 2019๐Ÿ“‰ Bitcoin 12H chart ๐Ÿ“ˆ

๐Ÿ“‰ Bitcoin 12H chart ๐Ÿ“ˆ



BTC closed week with very bullish mood. Gained 20% over a single weekend, who could have imagined... Retracement pulled back to 6755 and pushed price back above 7k SR. If it doesn't fall below this level today, we might see a healthy alts bullrun and further BTC growth, once indicators reset. Hard to predict Bitcoin movement when it becomes on hype - it can stay overbought for a very long time. But I still recommend havig SLs below ~6950 levels and be ready to buy back at 6600-6300.

Possible scenarios:ย 

(1) push to ~7280-7300 and fall down to 6600.ย 

(2) crazy hype pump without any pullback

Long targets: 7700 - 8200 - 9200

Short targets: 7000 โœ… - 6600 - 6300

โ˜€๏ธ Fear & Greed index 78 (<= 75<= 76 <= 71 <= 69)

๐Ÿ‘‘ BTC Dominance: 58.7% (<= 59.4 <= 58.5 <= 58)

โš™๏ธ Market Cap: $212.746 billion (<= 220.374)

โš™๏ธ 24h Vol: $75.949 billion (<= 94.684 <= 69.829)

Leave ๐Ÿ“‰ Bitcoin 12H chart ๐Ÿ“ˆ to:

Written by

blogger,crypto enthusiast,programmer,adventurer

Read more #bitcoin posts


Best Posts From Armageddon

We have not curated any of orphism's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From Armageddon