Bitcoin Chart Review and Update #58 ?

in LeoFinance4 years ago (edited)

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BTC Chart Published By Proanalysistrader

#Bitcoin broke below the support level and bounced from the 200D MA in this Chart.
Next Target is around 9366+>
Bitcoin is bullish right now.

Personally, I'm Waiting $BTC To Approach $9600
& This is For a Reason :
We Have a "Bearish Orderblock" at $9600 Zone Along With a "Volume Gap" That is Yet To Be Filled.

Once it's Filled BTC Can Crash Hard...
Even Breaking Below $9K Support.
Becoz Since The Very Begining Of This Month (July),

UwbEGnpX.png
https://www.tradingview.com/x/UwbEGnpX
Bitcoin Has Been Testing And Holding Upon $8900 - $9K as a Good Support.
Making it So Weak as it Has Been Tested Over 5 Times.

BTC HASH RATE:

IMG_20200715_040049_329.jpg

After falling 27% after the halving, the hash rate of bitcoin has set a new all-time high at a rate of 124 exahashes per second, Once again, there was no "death spiral". And this is the long term boom for BTC.

Note :- its only for education purpose, This is not a investment advive.

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BTC is very bullish, everyone is interested in buying BTC, But Bitcoin whales always do the opposite, let's see what happen this time

We can guess that the value is either going up or down.

But Bitcoin whales always do the opposite,

This is why traders always have to setup stoploss.💯

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