bitcoin buy opportunity analysis charts

Most likely, we will stop at 30,000 and we will see How to trade depending on when the bitcoin price reaches there in 4-hour charts let's go there played the sober crypto in time the bitcoin price is running out to look for values at the low In fact, we no longer believe that it will even reach $29,000, time is running out.

Today, July 12, friends, we have a bitcoin at 30,500 dolores with an index of greed and fear that is still in greed at 64 points, gentlemen, we had the publication of inflation data for the United States, extremely good data, we saw the nasdaq and the sp500 today rise more than 1%. This is a lot. Despite these data, gentlemen, the bitcoin price did not decide to seek higher values as we had planned.

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Nothing happens. The important thing is that it should not be noted that the probabilities in the Fed's barometer, even with this good inflation data, did not drop to analyze the next Federal Reserve interest rate decision meeting in two weeks. Let's start with the daily chart.

Daily graph of the price of bitcoin the most important graph and here what is extremely important is the squeeze the squeeze in just a few hours when you open the Asian stock market friends it will be reaching zero line and the bitcoin price where it is I ask you above the 10-period moving average is not even at the bottom this is the $30,000 area extremely important the $30,000 bottom is important to understand that when we hit the zero line now in just a few hours and by early morning today and tomorrow Thursday of this week the price of bitcoin is when it will have the best chance of looking for downward values.

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But this is happening at a time when the bitcoin price is above the 10 period moving average. If it goes down suddenly, friends, it will most likely stop at the bottom This is the main area for now and in fact we do not believe that it will break the bottom because when the whole structure of the squeeze is developed and the price of bitcoin will not fall, yes It is true when it reaches the zero line it is when it is most likely to fall.

But for example, if we were at the bottom right now, I would tell you that by reaching line 0 we would be breaking the bottom to reach one of 29,000, but this is if we were at the bottom as we didn't even know we are in the lower part but above the ten-period moving average The most likely thing is that we will stop at 30,000 and this is the important price to watch now and we will see How to trade depending on when the price of bitcoin reaches there in charts 4 hours let's go.

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4-hour chart the price of bitcoin continues to fall and you should buy your bitcoin at $30,400, let's check that right now the price is above the 55-period moving average in an area that could be a buy area but You would already be bought by what we are doing a range structure we break the structure and consolidate the approximately $30,400 now friends in the signal line Mac we have sales configurations the same is happening with a squeeze with sales configurations and most importantly in four-hour charts is that we have an rsi that if the bitcoin price breaks the 55-period moving average, this is approximately $30,450, the rsi will be crossing the 50 line from top to bottom, meaning that the movement could be strong strong as far as the lower part where the price of bitcoin is located.

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For a long time now this is without fear If the bitcoin price breaks the 55-period moving average we are going to go to the downward part How to know if we buy there or not very, very easily when we get here we hope that the candle if the candle ends like the previous candles with wicks below the candles that you see that we select in this part of the chart in the lower ascending part determine the 4-hour candle to finish the candle and finish with Wick in this zone this zone will represent a possible buy and probably a place where the bitcoin price is not going to visit us for a long time again.

That is to say, upward from there, friends and precisely friends, this is our verdict for today, but it is not to sell, gentlemen, it is to buy when the price reaches 30,000, leaving Wick at the bottom of the Range, we repeat again, it is not to sell. in the place where the price of bitcoin is, but to wait for it at 30,000 and you can go bought if the downward movement does not occur, then much better here we have it extremely Clear bitcoin is on the rise.

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