BITCOIN MOVEMENT PATTERN? - page 2. | Bitcointalksearch.org

Value.Virtue

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Quote from: BitMaxz on July 24, 2024, 07:57:02 PM

All of them affect the Bitcoin price movement, but as you can see on the chart, it still respects the symmetrical bullish pattern. Even though there's a breakout, the price is still going back inside the symmetrical flag.

However, we still don't know what the price will be this coming August and September since all news, regulations, etc... could affect the Bitcoin price.

If you are a trader, you should always have risk management to avoid losing much and buy.BTC when the price is very cheap, just like what happened a few weeks ago when the price touched around 55k.

Noted, so we should buy or trade BTC when the price is low or with spare money that may not be used for long period of time in other not to loose our investment funds believing that on the long run Bitcoin should rise above certain threshold.

TravelMug

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Quote from: Value.Virtue on July 24, 2024, 03:17:02 PM

"Bitcoin Movement pattern"
Can we say or liked Bitcoin major pattern of movement to be mainly bit by bit, either in rising or falling before gathering momentum for a bullish run or bearish down turn when there arises an oppositional speech or attack from the government, regulatory bodies or otherwise?

We never really can tell what is the next movement for Bitcoin as it is very volatile, although there could be some members sharing their TA (technical analysis) here. But if you want to at least broaden your horizon, you can go here: -> https://www.tradingview.com/symbols/BTCUSD/?exchange=CRYPTO.

There's a lot of individuals who have experienced trading Bitcoin and they share a lot of technical indicators and maybe you can get your answers some from of them. Or perhaps you can learn a thing or two as well and in the future you are the one making your own analysis.

BitMaxz

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BTC price road to $80k

All of them affect the Bitcoin price movement, but as you can see on the chart, it still respects the symmetrical bullish pattern. Even though there's a breakout, the price is still going back inside the symmetrical flag.

However, we still don't know what the price will be this coming August and September since all news, regulations, etc... could affect the Bitcoin price.

If you are a trader, you should always have risk management to avoid losing much and buy.BTC when the price is very cheap, just like what happened a few weeks ago when the price touched around 55k.

Value.Virtue

brand new

Activity: 0

Merit: 0

"Bitcoin Movement pattern"
Can we say or liked Bitcoin major pattern of movement to be mainly bit by bit, either in rising or falling before gathering momentum for a bullish run or bearish down turn when there arises an oppositional speech or attack from the government, regulatory bodies or otherwise?

Topic: BITCOIN MOVEMENT PATTERN? - page 2. (Read 217 times)