#BTC starting March

in Account Booster 👍last year

Hello fellow #steemians

Today I will give you my analysis on #bitcoin and what to expect regarding price movement.

6 months ago I posted this point of view and not many thing happened since
https://steemit.com/hive-119463/@mycryptostalker/btc-gold-usd-start-of-the-month-and-hard-economic-news

There was a bullish #dollar, then a #dovish approach by the #FED at the end of the year and as always the beginning of the year is #harsh.

And now we are almost at the high of the range marked on my last post, with a rejection on the same exact zone $25K USD.

image.png
https://www.tradingview.com/x/qlkmoar8/

On our monthly chart we can appreciate a bullish January, a doji February and ... lets see how March evolves.

image.png
https://www.tradingview.com/x/96QbvuVo/

We are now at the same point where February started (that's why it ended a Doji).

image.png
https://www.tradingview.com/x/V7OU6wer/

Points of interest:
Top range $25,200 USD
Low range $21,400 USD

image.png
https://www.tradingview.com/x/YSzivRH2/

If we break $22,600 we probably will visit the low range, and if we break $23,700 we will visit again the range highs.

There is no much more to say, will give an update further on the week to see how March starts and be careful with economic news.

THIS IS NOT FINANCIAL ADVISE, DO YOUR OWN RESEARCH AND NEVER OVER LEVERAGE OR TRADE MONEY THAT YOU CAN'T AFFORD TO LOOSE. BE SAFE AND ALWAYS USE STOP LOSS.

Sort:  

You got a 21.43% upvote from @dkpromoter!


Get Daily Return by delegating to the bot and earn a passive income on your spare SP while helping the Steem Community


500 SP 1000 SP 2000 SP 5000 SP 10000 SP 20000 SP

Coin Marketplace

STEEM 0.18
TRX 0.14
JST 0.029
BTC 57610.17
ETH 3118.28
USDT 1.00
SBD 2.39