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Category: Bitcoin

Analysis for Bitcoin BTC and other cryptocurrency

Bitcoin

Bitcoin analysis – 45500 support and if it holds then a rise to 50000 and higher

20th August 202120th August 2021Nick

Does 70k loom for Bitcoin (BTC) soon?

Looking at BTC the 2 hour chart has decent looking support at the 45500 level and if this holds then we should see a rise towards the 50000 level in fairly short order. Above this we still look to be on a path to new highs around the 70k level and at this point we may well see another sharp drop.

Bitcoin 45000 support
Bitcoin 45000 support

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Bulls need to defend 10800 | 10761 below | 10893 r Bulls need to defend 10800 | 10761 below | 10893 resistance | NFP Friday

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Jackson Hole Symposium | Can bulls defend 10800 | Jackson Hole Symposium | Can bulls defend 10800 | 10770 below | 10875 resistance

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Can the bulls hold above 10900 | Nvidia results | Can the bulls hold above 10900 | Nvidia results | 10880 10850 support | 10952 above

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Cautious tone ahead of Nvidia | 10904 10949 resist Cautious tone ahead of Nvidia | 10904 10949 resistance | 10840 10825 support
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NFP Friday | rise and dip | 10886 10953 resistance NFP Friday | rise and dip | 10886 10953 resistance | 10828 support

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Still bullish with 10993 | 11089 resistance | 1090 Still bullish with 10993 | 11089 resistance | 10907 10832 support

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Bulls continue to control | 10950 11013 resistance Bulls continue to control | 10950 11013 resistance | 10850 10790 support | FOMC

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Rise and dip for bear Tuesday | 10830 10861 10893 Rise and dip for bear Tuesday | 10830 10861 10893 resistance | 10715 support

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About Hilsden Trading

I have been successfully trading the financial markets for many years, focussing on the FTSE 100, Dax40, S&P500, NASDAQ and Gold. With experience in a range of markets, strategies and trading, I am offering members access to my research, analysis, strategies and trade plans. Not investment advice.

All financial instruments involve an element of risk. The value of your investment may fall as well as rise and you may get back less than your initial investment.

Trading and spread betting the FTSE 100, DAX40, S&P500, NASDAQ and Gold. Any breach of copyright will have action taken.

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