Break Through ? BTC.D #btcd #Bitcoin $BTC #crypto
Here we see our Bitcoin Dominance chart that finally broke out of that downtrend channel ! And right now we are sitting inside that 1 day Ichimoku Cloud . I don't think we will drop out of it after spending so much time to get inside of it ! So surely we are either going to the top of the cloud or actually we will break through it . If you see where the red arrow is pointing near the end of October ? That looks like a very probable area to break up through the cloud and continue this Dominance rise . Of course Bitcoin broke up to 11100 last night so we are seriously expecting 13k ( some are calling 15k also but we have to wait and see on that . ) Also can you see the Blue gift on the chart ? That marks November 3rd which is the US election and I wouldn't be surprised if we see some fireworks then !
Commentaire:
Going great ! Here we have Bitcoin Dominance at 61.74 , very close to breaking through this Ichimoku cloud we are in . Will be interesting to see if we break up this week or in the next few weeks . Rsi above 72 , also very good ! Looking great .
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Bitcoin hit 12800 this morning ! Btc.d at 62.22 and looking great to break up and out the Ichimoku cloud we are sitting in . Looks very healthy with daily rsi at 76
Commentaire:
Yes ! We broke through the Ichimoku Cloud just as expected and at the place I expected it to break through ! We are above the cloud and should continue up here . Next resistance up is around 64 and above that at perhaps 67 or 68 . Looking good . Bitcoin seems to be going towards last years' high of 13960 .
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Election day in US ! We are at 64.50 now , going great .
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We hit 65.69 today ! Going great because Bitcoin hit 14900 this morning but as you see we hit a TD Sequential9 in green some expect some relief here and a cooling off .
