CryptoQuant Alert

2021-08-23 11:34:24 Update:

BTC breaks the small trading range and now trading above $50,000 level. The next resistance area is $51,000-$52,000. A lot of traders are shorting at $50,000 level and we may see a short squeeze also to liquidate overleveraged positions and hunt stop loss. The support levels are $49,500 and $48,000 for now. Open / Comment

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2021-08-18 13:46:11 Update:

BTC break the triangle in downward direction. This is not a good sign and the next support area is $44,500 and $43,000. Wait for sometime as market momentum is broke and we may see some sideways movement for next few days. Open / Comment

2021-08-17 15:24:37 #REVIEW BITCOIN

The price is inside a big bullish flag! I pointed the most ugly route for bulls inside the channel, #BTC should be fine!

While the price is above this magic $44444 level, bulls control the situation. Things can get worse in case of daily closing below, however, I don't believe that we'll see $40k - $42k again because too many people want to buy Bitcoin there! Open / Comment

2021-08-08 13:19:43 Hello community,


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2021-08-08 12:29:51 With the current surge, We'll surly surpass 50btc for sure guys Already hit 9.7btc as of yesterday in less than a month. This is just the beginning Guys. We now have 17 Investors with a total initial buy-in capital of $121k. We've projected 50btc in… Open / Comment

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2021-08-07 13:46:58 #REVIEW BITCOIN

This is the moment when you should start closing your leveraged longs imo. The price is running into daily divergence, which should send it back to $40k - $41k retest zone!

Note that if you hold #BTC on spot, there's no need to sell it, this is only a scalp trade! If you have bought Bitcoin with me at $37k - $38k, congratulations, hold it further!

If you were scared and didn't buy lower, it's better to wait for the retest. I see no sense in rushing in buys here almost at $44k! However, when the price is back to low 40ks, don't be afraid this time and buy this damn #BTC Open / Comment

2021-08-06 17:03:49 Bitcoin daily basis on Binance remain near zero Open / Comment

2021-08-05 17:12:40 Update:

Bitcoin unable to hold the $39,300-$39,400 support zone and as mentioned tested the lower support zone. Bitcoin need to bounce from the lower support zone. If BTC unable to hold above $37,700 in 4-hour candle then we will see a retest of $35,500-$36,500 retest. So far BTC is holding the $37,700 and we expecting a bounce from this support area. Bitcoin dominance is going down and alts are looking strong. Open / Comment