Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Nostoman on February 26, 2021, 10:01:35 AM

Title: we may see more volatility in the market.
Post by: Nostoman on February 26, 2021, 10:01:35 AM
Bitcoin rejected from the $52,000 resistance zone and tested the $46,000 support. Let's see if BTC able to hold above $45,000 if unable to hold $45,000 this time we see $40,000-$42,000. Weekend is coming and we may see more volatility in the market.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on February 28, 2021, 05:49:49 AM
Perhaps we can see that the situation in the btc market is very volatile. BTC is looking bearish. we see more volatility on weekends. The last support for now is $44k+ to $44,300 zone. If unable to hold above it we may see a test of the previous high zone that is $40k - $42k. This correction is needed because BTC made a high of $ 58k without a correction. What is your opinion?
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 01, 2021, 04:46:15 PM
BTC now testing the resistance zone of $49,063. Let's see if able to break and hold above it then BTC heading towards next resistance zone of $50k-$51k+. Wait for confirmation before taking any new trade here. Be safe your fund.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 02, 2021, 08:53:34 AM
Bitcoin testing the $48,446 resistance zone and rejected from there. Need to wait for more confirmation before taking any new trades. This is no trade zone and market can flip either side. Market become bullish if BTC able to break and hold above $50k.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 02, 2021, 05:57:34 PM
BTC rejected from $50,000 resistance zone, the next local stop is $47,500-$47600 area, if broken BTC going towards $45,000-$46,000 retest.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 03, 2021, 04:13:49 PM
bitcoin again trying to break the resistance zone of $51k - $52k. Bitcoin breaking above $51k. The volume is going down and market is preparing for a big move either side. Let's wait where the market goes. If unable to break and hold above $52k zone we see another retest of $46,000 area and after that a possible Wick to $43k+.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 04, 2021, 09:03:34 AM
Bitcoin testing the local support zone of $49,300-$49,500. If the 4-hour candle close below it we may see another retest of $48k area.

Market become bearish if BTC broke below $48k.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 05, 2021, 05:55:03 AM
What do think about? Bitcoin unable to hold the $48k support zone. Bitcoin tested the $46,300 support area and bounced from there still market looks bearish.

The dollar index (DXY) looks bullish means gold, Bitcoin, silver and stock market see some correction. The key level to hold for bitcoin is $42k+.
Title: Re: we may see more volatility in the market.
Post by: Nostoman on March 05, 2021, 09:37:30 AM
Bitcoin prices are falling again. BTC is in downtrend on lower time frame and making bear flags. There is a lot of selling pressure in the area and we may see one more leg down to $45k area and if unable to hold a possible wick to $42k - $43k. Already US stock market is also dumping and looks like profit taking started. We may see the same in BTC. Many times warned about BTC and alts market. So I want to say be careful.
Title: Re: we may see more volatility in the market.
Post by: NANCY on March 05, 2021, 10:06:49 AM
Yes brother you are right because the market cannot be told when it is good and when it is bad. The value of all tokens in the market is increasing day by day. Cryptocurrency is like a virtual currency. It is impossible to say when it will be dumping and when it will be pumped.