Bitcoin: Will history repeat itself again??

Posted by Zain | Mar 29, 2021 | Cryptocurrencies | 0

Hope you all had an amazing weekend and ready for the upcoming trading week.

The latest Bitcoin swings remind me of the previous channel (in orange) from 40k to 30k.

1- Where BTC found resistance around the 40k

2- Formed a channel with three consecutive swing highs (highlighted in red arrows)

3- The third impulse reached 30k

4- Price formed a minor swing high, broke it upward

5- Then an aggressive movement till 50k (new ATH )

NOW, WHAT? Will History Repeat Itself?

1- Price found resistance around the 60k (done)

2- Forms a channel with two consecutive swing highs (done)

3- Now if this third swing reaches 50k (forming now) then you know the rest 😉

Will History Repeat Itself? What do you think?

ORIGINAL ARTICLE: https://www.tradingview.com/chart/BTCUSD/aTFbQZVp-BITCOIN-Will-History-Repeat-Itself-Again/

About The Author

Zain

Log In

// Password visibility toggle (wp_login_form instance). (function() { const toggleButton = document.querySelectorAll('#pmpro_btn-password-toggle-1')[0]; const toggleWrapper = toggleButton.closest('.pmpro_form_field-password-toggle'); const loginForm = toggleWrapper.previousElementSibling; const passwordParagraph = loginForm.querySelector('.login-password'); const passwordInput = loginForm.querySelector('#user_pass'); passwordParagraph.appendChild(toggleWrapper); toggleButton.classList.remove('hide-if-no-js'); toggleButton.addEventListener('click', togglePassword); function togglePassword() { const status = this.getAttribute('data-toggle'); const passwordInputs = document.querySelectorAll('#user_pass'); const icon = this.getElementsByClassName('pmpro_icon')[0]; const state = this.getElementsByClassName('pmpro_form_field-password-toggle-state')[0]; if (parseInt(status, 10) === 0) { this.setAttribute('data-toggle', 1); passwordInput.setAttribute( 'type', 'text' ); icon.innerHTML = ` `; state.textContent = 'Hide Password'; } else { this.setAttribute('data-toggle', 0); passwordInput.setAttribute( 'type', 'password' ); icon.innerHTML = ` `; state.textContent = 'Show Password'; } } })();

Join Now | Lost Password?

Bitcoin: Will history repeat itself again??

About The Author

Zain

Leave a reply Cancel reply

Search

Twitter News

Sentiment Indicator

Recent Posts

Bitcoin: Will history repeat itself again??

About The Author

Zain

Related Posts

Crypto analyst says Bitcoin bottom is very close, another correction in BTC likely

CRYPTO GOES BOOM: CARDANO (ADA) CATCHES SOLANA AND TERRA TO MAKE NEW ATH

Bitcoin Triangle: Bulls in control?

CARDANO (ADA) GAINS: INVESTORS PATIENCE REWARDED

Leave a reply Cancel reply

Log In

Search

Twitter News

Sentiment Indicator

Recent Posts