Quote from: Ronzybloch on May 22, 2021, 04:56:24 PM

Quote from: Sayeds56 on May 22, 2021, 03:55:55 PM

Quote from: UmerIdrees on May 22, 2021, 10:57:45 AM

Quote from: Sayeds56 on May 20, 2021, 08:59:44 PM

Quote from: UmerIdrees on May 20, 2021, 02:39:02 PM

Quote from: Sayeds56 on May 16, 2021, 08:20:02 AM

As per long term Technical analysis, though currently BTC is passing through correction phase but Bullish trend is still in tact. We are in the middle of Bull Run and it will complete when BTC hits $250,000.

Asa usually hota ni hay k jo majority of the people sooch rahay hoon wohi ho. Sab logon ka target 250,000 - 300,000$ jo k possible ni hoga. Ya tu bitcoin ka price bohat neechay rah jeiy ga like 64,000$ ya pir bohat uper nikal jiey ga like 500,000$. Lets see kia hota hay bull run mein.

G Bhai, Bull cycle mein correction bi aati ha or correction Market k liye Healthy hoti ha ku k correction k bad new buying aati ha.Market last six months se Musalsil oper hee ja rehi thi. Correction toh aana hee thi or BTC mein 40-50% correction normal hoti ha jub ap BTC ki History dekhty han. INSHALLAH aany waly dino mein Behtri aai gi.

Do you think this is a correction only ?
Jab bhi bull market katim hoti hay, you will find people giving hope that this is a correction, it will come up but it never comes up. In entire 2017, bitcoin maximum correction was 40% but we have witness 53% correction recently.

To tell you truth, i am not sure now if we are in bull market or bear market. I think most like we are heading towards a bear market.

G Umer Bhai, I have attached my Trading view chart of BTC on Day time Frame which I use most of the time for trading purpose, When you look at this chart you see two parts of it, the upper portion is Moving Average and Lower portion is RSI. RSI is at around 30 which reflects lower confidence of Market Participants but we can clearly see V shape recovery is in the making. The upper part has 3 Moving averages, 34 weekly EMA, 21 weekly EMA and 9 Daily EMA. We see 3 candles around white line which 34 weekly EMA, Blue line which is 21 weekly EMA and Green Line 9Day EMA. The reason I am still optimistic ic because I see heavy accumulation around white line and I hope we will see a Breakout from here and BTC will face next Resistance at 42K and next Resistance will be 48K means we will see candles formation above green and Blue lines. I will change my Bullish Stance if a Long Red candle is formed below white line and no price recovery is seen. The Market will go Bearish for Mid term. I hope it won't happen.

@ everyone news sell market , graphic will not work in this situation , actualy chine's have their own agenda and they are now in testyphase of digital currency and U.S stragety and American Market faciliting them , that's is why i am sured about that btc will dump again , and might be it touch again 30k ,

Ksi bnda ny kul mari bat ko importance nhi di the , main ny bola tha bhai market ko ab graphic say nhi news say dikho , ya sab chines's govertment k kam hain , main ny rat bola tha btc down ho ga or ab bhe bol ra hu btc 29 k tak ay ga .. Ap sab dikho ga , ....