April 19, 2024

Technical analysis of Bitcoin as of 02/18/2020

There are no recoilless movements, even during a trend…

 

After Bitcoin showed us a high this year inarea 10550 according to Bitmex, price was not availableto hold in this area for a long time, and literally in 4 days it was squeezed by 1k+ - from these very highs, what was it?.. A correction or are we still watching a trend change?….

If this correction, then the lower border of the channel is very worthy showed the strength of the buyer, thank the bulls !!!

If this was a trend break, then where is the end of this downward correction, because from the very barks that we saw yesterday, the little bit has already bounced 30%…

 Technical analysis of Bitcoin on 02/18/2020

Looking at the chart, for yourself (as for a bear) …

Continued here:

zen.yandex.ru/media/id/5e4822826617c37cfdd9a6b8/tehnicheskii-analiz-bitcoina-na-18022020-5e4ba10a6754405ed3b88b2d