Bitcoin continues to consolidate right around the $3,800 support. Volume is slowly dropping off.

Looking at the 4 hour chart, the Bollinger bands are severely bottlenecking. This suggests price is preparing to move.

In today’s video analysis I discuss where price may be heading next, key areas to watch and so much more. I hope you find it helpful.

Video Analysis:

 

I hope this has been helpful. I’d be happy to answer any questions in the comment section below. Until next time, wishing you safe and profitable trading!

Workin

Published On TIMM:

Subscribe to Workin’s channel here:
https://www.youtube.com/channel/UCJqGczdWE99ORopJ5ZUDauA

Have you checked out Trybe.one yet?

Subscribe to Trybe TV here:

https://www.youtube.com/channel/UC2ceaswIsdTicbGBHpxEIDQ

We are looking for established and up and coming YouTubers to contribute to our channel. Submit your articles here https://trybe.one/contact-us/ for consideration.

Drop by our telegram here:

https://t.me/trybe_one


Your Remaining Votes (within 24hrs) : 10 of 10
14 votes, average: 4.93 out of 514 votes, average: 4.93 out of 514 votes, average: 4.93 out of 514 votes, average: 4.93 out of 514 votes, average: 4.93 out of 5 (14 votes, average: 4.93 out of 5)
You need to be a registered member to rate this.
(2554 total tokens earned)
Loading...

Responses

    1. Workin2005 Post author

      Market makers are always playing games. They ran a nice stop hunt the other day from $3,650 up to $3,910…and finally back to the starting point. WE NEED VOLUME! I’m afraid it might take major market moving news to trigger a real bull run. Thanks for stopping by my friend.

      (1)