Welcome to PipEze daily BTC report.
Daily chart of BTC is showing a bit more of life this morning, but there’s still plenty of time for price rollercoaster today. Those of you who Hodl Bitcoin still have to wait for better times to come. Price moved up towards the base of the triangle and so far yesterday’s losses have gone thanks to today’s gains.
PipEze Price Movement Benchmark on trend line(thick one) temporarily sat on the 0 line while signal line (black one) moved up a bit. It is a positive sign and definitely reflects market movement. There is visible divergence on the chart which tells us that sellers are loosing momentum and we should expect trend reversal in the near future.
Members of Trader package can congratulate themselves for investing in hourly chart. Anyone who took the Price Up signal yesterday evening earned over $800 in 1 hour.We can clearly see two lines crossing at 2PM yesterday. There is a chance for price retraction as PipEze PMB is not following price. That is probably because most of the people who made money on that big jump now locking their profit and liquidating positions.
Please follow closely all hourly signals which are posted on Trader channel. Those signals provide good indication of price trend change.
Well done everyone.
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