Bitcoin Price is on Same Pattern As 38K by chorock

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hive-167922 · @chorock · 2024-03-27T19:43:33+00:00

$8.66

Bitcoin Price is on Same Pattern As 38K

There is similarity between 42K and 68K. After ETF news Bitcoin price went down from 47K to 38K and entered consolidation. Today Bitcoin price is on 68K. Bitcoin price went down from 74K to 62K and broke up downtrend resistance and entered consolidation zone. 

After touching the bottom line of Bollinger Bands, Bitcoin price broke up the middle line of Bollinger Bands. It seemed as consolidation before. We may see price pump after this consolidation.

During trading aboe the middle line of Bollinger Band, It may be good to time to cash flow into Bitcoin.

![e2.PNG](https://files.peakd.com/file/peakd-hive/chorock/23t752JVVuaAX5tiiaVvVmfYXPxz1pphUTRKK1UfLehCeSiwWZ4qgvCHrTuSwRiRP7bJ5.PNG)

Here you can see hourly chart of Bitcoin. It is short term analysis. There are channels on Bitcoin price chart. After breaking down uptrend line, Bitcoin touched the next line of channel.

Bitcoin touched the 3rd uptrend line of channels. It should support Bitcoin price. If Bitcoin breaks down uptrend line, We may see Bitcoin price touching 4th uptrend line.

So, Bitcoin should be supported a few hours by 3rd uptrend line.

![e1.PNG](https://files.peakd.com/file/peakd-hive/chorock/EnynaDSv3S4XqQ4tV4m8KpowWXDzpSYwHuQY7JZ89nbExbW6EDSXi8oatuEdMxywc66.PNG)

I will follow this pattern. We may see past will happen again. 

We will see...

Posted Using [InLeo Alpha](https://inleo.io/@chorock/bitcoin-price-is-on-same-pattern-as-38k)

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voter	rshares	pct
ezzy	256,722,609	9%
exyle	17,518,469,958	9%
penguinpablo	213,096,575,458	14%
maarnio	518,085,364,255	52%
funnyman	1,414,140,492	5.6%
abduhawab	170,911,165,165	100%
alexis555	3,798,501,319,885	32%
smasssh	1,404,094,873,924	30%
andyjaypowell	224,852,700,926	30%
bitcoinflood	59,579,748,844	10%
alphacore	6,966,171,510	7.12%
benedict08	1,677,320,902	25%
toofasteddie	228,359,521,035	33%
bluemoon	244,048,893,748	40%
sanjeevm	854,992,409,572	100%
dine77	63,201,726,710	80%
pixelfan	62,698,101,696	6.7%
chetanpadliya	23,079,709,552	50%
syedumair	100,622,566,005	50%
costanza	228,581,960,057	20%
marcusantoniu26	720,629,813,181	100%
yogacoach	1,990,903,266	9%
mauromar	638,289,450,442	100%
josediccus	367,419,162,953	21%
joetunex	50,879,741,405	50%
rtonline	449,994,273,447	100%
dashroom	1,985,980,969	80%
not-a-bird	5,316,049,822	20%
ahmetay	70,868,904,322	100%
kamchore	636,146,369	100%
cryptonized	236,252,956	14%
kirazay	1,524,838,122	100%
not-a-gamer	515,697,889	40%
asgharali	442,220,019,649	100%
snlbaskurt	26,980,316,510	100%
chorock	1,237,244,868,984	100%
atongis	341,562,633,902	100%
unconditionalove	484,455,614	4.5%
moeenali	307,043,955,822	30%
sweetkathy	2,658,161,396	100%
zemiatin	736,745,463	50%
manniman	55,292,723,225	11%
valentin86	98,643,708,136	100%
deepu7	596,389,235,677	100%
sbi6	41,951,500,949	4.82%
thales7	141,959,709,565	100%
harkar	202,194,439,141	20%
worldcapture	1,063,230,037	100%
anroja	741,931,356	100%
florino	830,283,538	15%
jacuzzi	620,250,056	1.4%
samsemilia7	898,454,254	40%
smallboost	630,392,112	100%
assan	72,046,453,010	100%
hungrybear	593,864,398	14%
kryptodenno	336,108,063,069	8%
denizcakmak	721,317,575	50%
libertycrypto27	324,625,598,281	60%
helgalubevi	23,450,003,969	50%
plankton.token	1,399,033,852	30%
iktisat	473,005,192	50%
h-hamilton	20,977,818,387	50%
steem.leo	444,847,470	9%
abh12345.leo	719,214,953	75%
revise.leo	711,016,069	100%
sbi-tokens	518,968,391	0.37%
ribary	3,266,718,922	4.5%
mice-k	123,504,065	9%
daily-airdrop	529,178,654	100%
curamax	849,698,339,289	50%
tht	105,874,078,402	100%
dcityrewards	78,073,923,387	9%
tht1	15,535,837,637	100%
deadswitch	4,330,292,854	100%
borniet	62,955,390,915	100%
schindmaehre	6,734,155,610	97.15%
olddessauer	33,063,385	95.99%
meesterleo	1,287,669,418	75%
werkseber	53,755,768,785	100%
vsemmetall	9,725,258	100%
baibuaza	189,501,229,579	100%
waivio.welcome	673,314,683	1.33%
noctury	869,555,115	4%
listnerds	3,273,597,040	20%
ctptips	78,771,375	15%
rtonline.leo	291,787,030	100%
hive-152804	738,566,715	100%
archives-upfunds	24,451,320,451	100%
tekraze	1,718,431,271	60%
haveyoursay	343,395,945,846	100%
thisisbaris	924,081,937,663	100%

@hivebuzz · 2024-03-28T20:04:21+00:00

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@poshthreads · 2024-03-27T19:56:09+00:00

https://inleo.io/threads/chorock/re-chorock-2dwpudjzq
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properties (22)

@sanjeevm · 2024-03-28T07:11:33+00:00

So we are bullish from here for alts ?

properties (22)