Bitcoin analysis strategies and ideas

6. Aug.

We all saw the carnage yesterday. The range lows are lost, no matter how you draw them. We saw a decent bounce, but you almost always expect a 50% retracement of any dump as an immediate impulsive reaction. We are far from out of the woods.

On the flip side, the price bounced nicely off support around $49,000, almost to the dollar on Binance. The wick down also swept the previous lows at $53,845 from the early July drop. Closing above that line was a decent sign, but it needs to maintain as support. The RSI hit oversold on the daily, and lower time frames were very oversold. Another close lower on those time frames will inevitably give us bullish divergence with oversold RSI.

6. Aug.

Trade ist aktiv

Let's see what happens in the next few days, there may be relatively large fluctuations

6. Aug.

Trade ist aktiv

I hope my analysis and strategy can help you. If you have any ideas, you can also leave a message to share.

6. Aug.

Trade ist aktiv

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6. Aug.

Trade ist aktiv

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7. Aug.

Trade ist aktiv

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7. Aug.

Trade ist aktiv

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7. Aug.

Trade ist aktiv

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7. Aug.

Trade ist aktiv

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7. Aug.

Trade ist aktiv

Investing is a long-term solution, not a one-time investment, so don't be hasty. Even if you are losing money now, there is nothing to be afraid of. As long as you make the right choice, everything you lose will come back

8. Aug.

Trade ist aktiv

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9. Aug.

Trade ist aktiv

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10. Aug.

Trade ist aktiv

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10. Aug.

Trade ist aktiv

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