$BTC $29k or $100k?? Pump or dump?

Bitcoin update in 4hour time frame

#Aug 22: Bitcoin in 4 hr: BTC price is moving in uptrend channel. BTC look bullish as it making continue Higher Low. $48100 is good short term support. and 50k is good resistance, Breakout $50k will help to push price towards $52k-$53k.

US dollar Index can impact in Short term as Global market shows correction when DXY jump. But in mid/long term , BTC have own path to follow.

BTC in day time frame

#Aug 22: #Bitcoin in 1 Day: In last week BTC test MA 200 multiple times and now BTC price well move above 200 daily moving Average which is at $45850. We can also see proper Golden cross between MA50 and MA100 which indicate that BTC market positive and ready for check upper target.

$50000 is resistance for BTC and $44k and $40k is good support area for picking new position.

BTC in weekly time frame

#Aug 22: Bitcoin in Weekly Chart: Weekly chart also indicating bullish momentum in Bitcoin: BTC is making 5th continue green candle on chart and test support in each candle which make it strong. $30000 and $40000 turn into good support for long term holder. $50000 is major resistance and breakout $50k and weekly closing above 50k will open gate for $65k and $100k.

We can also see that MACD turn into bullish on weekly chart and indicating that btc will open for new high in long term.

Start investing in crypto with only 100rs

signup now

Comments

5 Best Apps To Buy Cryptocurrency In India!

Best cryptocurrency apps in India : The legality of cryptocurrency in India is still uncertain that you can invest in digital currency and book a profit? Regulators have now opened the arena for people to invest and trade in crypto and for many companies to run their exchanges. What does a cryptocurrency exchange app do? Cryptocurrency exchange is a platform that help you with quick access to various cryptos available in the market and let you trade (buy and sell) just like a demat account. You don’t have to mine cryptos using laptops or minning rigs.The whole process has been simplified for anyone to sign up and start enjoying the world of crypto. Crypto exchanges are available on Google Play Store and Apple App Store that work on Android and iOS phones respectively.These exchanges provide some offers to seek the intrest of public towards them. Best Apps to Buy Cryptocurrency in India Contents [ hide ] 1. WazirX – Bitcoin, Crypto Trading Exchange India Founded in 2017, by Nisc

What is Cryptocurrency? How Does it work?

Cryptocurrencies are popular today especially with the success of Bitcoin as it is the first public cryptocurrency. They are important investment vehicles for many blockchain companies today.Dogecoin, a cryptocurrency made as a joke based on dog meme has reached a market cap of $25.8 billion, as of mid-July 2021 Cryptocurrencies are favorably compared with legacy currencies like the Dollar, especially in that they can be used as a medium of exchange and store of value on blockchain and semi-blockchain networks. However, they have certain limitations such as high volatility and low adoption. Contents [ hide ] What Is Cryptocurrency? Cryptocurrencies are a form of digital money that can be exchanged online for goods and services. Cryptocurrencies are based on decentralised Blockchain technology, which ensures that an individual or a single group cannot control it. Cryptocurrency can be bought and sold online on cryptocurrency exchanges and can also be sent to others using crypto-

Can Btc reach $65K ?

Oct 14 #Bitcoin: BTC price is moving in a range $53k-58k. We saw cup and handle pattern breakout at $53k on oct 6 and BTC is trading above this zone from last 8 days. After $53k breakout BTC formed new trend and indicate that it can jump hard in next 3 month. Last 5 month chart also indicate that whales accumulate BTC from retail traders. In last 7 days btc formed a upward channel and breakout above 58k will push price towards 60k-65k in quick time. $53k is work as strong support and indicate that trader like to buy this zone. As per past trends and chart formation , BTC can pump hard with high volatility in coming months. In last 5 month BTC digest all fud including Big China BAN and trading above 5 month high. We can see that BTC bullish for next 3 month as per trend and bulls will not loose control in this quarter.

Crypto Academy

Search This Blog