Bitcoin (Cryptocurrency)
$btc bitcoin price action fake out? or Retest for higher prices?CRYPTOCAP:BTC Bitcoin's price action is currently in channel
Current Price: $67500
As price action has broken out of the channel, there are two possibilities:
A fake out has occurred and bitcoin will further break down to lower supports 64k, 60k
OR #bitcoin is retesting channel support to attempt higher prices up to $79k (price discovery)
Ethereum to Lead The Alt Season!Hi guys,
Related to my recent analysis on ETH/BTC, we could very likely see ETH/USD(T) making some big moves, which is already starting to do. This would be very bullish for alt coins as Ethereum leads the alt market.
Check out my analysis in the video to see how I break things down using ICT's Concepts in a very simple and easy way to determine bias and narrative. This works in Forex, Commodities, and of course, Crypto.
Happy trading!
- R2F
Bitcoin We can take new long after some range or SL huntBitcoin We can take new long after some range or SL hunt
In a vidoe i shared why i think BTC can reach new ATH soon. Main reason - Big Liqudations levels
But to take a trade we need clear entry with good risk to reward ratio.
that's why better if price create some range. Example how it can look i shared ina video.
Ethereum About to Make a MONSTER MOVE??Hey everybody,
Hope all is well.
Today I take a look at the ETH/BTC chart as there is something significant on it. Price has just reached a YEARLY FVG. Yes, you heard that right. For ICT traders, you know what i'm talking about. This is significant in that large moves can occur. So let's dive in as I do my analysis, clean and simple stuff.
Basically, ETH/USD may be a better choice than BTC/USD in terms of returns. As usual, do not over-leverage or get greedy. This is the yearly chart that I analyzed so patience is paramount.
- R2F
BTC Bitcoin Technical Analysis and Trade IdeaBTC has exhibited a robust bullish trend on the daily timeframe. Our primary objective is to pinpoint a buying opportunity that aligns with this ongoing trend. Assuming price action unfolds as outlined in the video analysis, we expect favorable trading conditions. The video delves into essential elements such as trend analysis, price action insights, market structure, and a potential trade setup. Remember to practice prudent risk management when trading, and keep in mind that this information serves purely educational purposes and is not financial advice. 🚀📊👍
Here's What You Can Expect On Wall Street & In The Crypto SpaceThere are no surprises with the U.S. dollar, vix, gold, precious metals, commodities, and stocks. Everything is right on track. We are nearing our SPY blow-off top target of 570-600, but we have some time to hit that before the U.S. election charades and the future recession. We'll review these things and then focus on what price action will look like in the coming weeks for the crypto space. Plus, I have added an extra video for my members in which I'll review the current altcoin entries we are in. I'll let you know clearly what my sentiment and strategy is for trading these coins, a few of which have 3-4x targets! Quickly, I believe our local low in the altcoin space is in and we are going to pop soon. Some coins will fare much better than others. I want you in those coins. Let's go!
🔥Top-3 Altcoins You Would Never Find: My Portfolio x10🚀🔥 Altcoins can bring you much more profit then Bitcoin if you understand which altcoins to pick and how to do it properly. That's what this video is about. Enjoy!
Of course, this strategy works for altcoins only at Bitcoin bull market. We will discuss how to identify it in the next video ideas. Subscribe!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
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Bitcoin Dominance Surges:Is Now the Time to Buy or Sell ETH &BTCBitcoin dominance is an important chart indicator that reflects the flow of liquidity and market capitalization of bitcoin in comparison to the rest of the cryptocurrency market.
Bitcoin dominance historically moves in cycles, with the flow of risky cryptocurrencies(altcoins) to less risky ones such as Bitcoin. This provides a signal of when to buy or sell your Bitcoin and altcoins.
A lot of people have been speculating that it's altcoin season. However, I believe we need one more leg up in Bitcoin dominance as the ETH/BTC pair breaks down and liquidity flows from altcoins to Bitcoin.
Bitcoin dominance
ETH/BTC broke support
To sum up, I believe that we could see the price of Bitcoin rallying within the upper and lower bounds of the accumulation, while Ethereum and altcoins decline. This could lead to a significant rise in Bitcoin dominance before monetary policy comes into play for the next cycle of deciding which altcoin to buy. Expect volatility in the coming months as altcoins decline against Bitcoin.
"Thank you for your support. Please leave a comment and follow."
Ethereum's Drop: Is $2500 Still in Sight?I mentioned in the previous video that we might see a drop in the price of Ethereum as the ETH/BTC pair breaks lower due to liquidity being drawn to Bitcoin.
We have observed a relief rally towards the 20 EMA, following the breakdown of the ETH/BTC pair, while still respecting the 20 EMA.
Based on the previous cycle in 2019, we saw something similar as ETH/BTC broke down the support. ETH/USD retraced towards the 20EMA before dropping about 30%, so we could have something similar play out.
"Thank you for your support. Please leave a comment and follow."
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin is currently in a downtrend, which we can observe on the daily time frame. It has been forming a pattern of lower lows and lower highs. However, there’s an interesting development when we zoom in to the 30-minute time frame.
On the daily chart, BTC retraced and moved away from an optimal entry point. But on the 30-minute chart, using the same strategy, we see a potential sell opportunity if price action aligns with what’s described in the video. In the video, we cover essential aspects of technical analysis, including trend analysis, price action, and market structure.
Remember that trading involves risks, so always manage your risk carefully. This information is for educational purposes only and should not be considered financial advice. 📈👍
Bitcoin (BTCUSD) traders are still undecided Bitcoin EASYMARKETS:BTCUSD
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Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
BTC Analysis Bitcoin (BTC) analysis as of May 12, 2024,
**Technical Analysis**:
- BTC trading in $50,000 - $55,000 range for weeks.
- Short-term moving averages offer immediate support (e.g., 50-day, 100-day).
- Longer-term moving averages (e.g., 200-day) indicate stronger support/resistance.
- Key technical indicators (RSI, MACD, Stochastic oscillators) signal momentum and potential reversals.
**Fundamental Analysis**:
- Strong fundamentals with rising adoption by institutions, corporations, and retail investors.
- Growing network activity (hash rate, active addresses) shows robust usage and interest.
- Regulatory developments globally could impact sentiment and short-term price movements positively.
**Market Sentiment**:
- Positive sentiment towards BTC as a hedge against inflation and uncertainty.
- Attention on CBDC developments and their relation to Bitcoin.
- Geopolitical tensions and economic indicators may affect short-term volatility.
**Conclusion**:
- Short-term movements driven by technical factors and sentiment.
- Long-term value driven by adoption as a store of value and digital gold.
- Investors advised to conduct thorough research and assess risk tolerance.
🔥The Low Cap Altcoins in TON Ecosystem❗️Still at the BOTTOM🚀 🔥 TONCOIN continue to grow, but altcoins in that ecosystem are still at the bottom. In this video I share with you the most underrated altcoins from TON ecosytem. Remember about Money and Risk management! Enjoy!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
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Why will Bitcoin drop towards 52000 levelStructure has broken the wedge and now trending downward within the channel. So we see a decrease in transactional volume.
It seems that a historical pattern is repeating itself from a previous cycle, mostly due to monetary policy involving an interest rate cut.
if a similar scenario plays out, we might witness Bitcoin dropping to a low of 52000
"Thank you for reading my crypto analysis. Please follow me for more updates and insights on cryptocurrencies."
🔥WHAT EXPECT FROM BITCOIN IN SUMMER 2024❓99% ACCURACY❗️🔥 Bitcoin reaches the most boring period on any market. It's a vocation period for US stock market and for crypto market as well (JUNE-AUGUST).
But will the market be as calm as many expect? A Bitcoin rally to new all-time highs (ATH) near 150,000 or a -50% dump? What will be with altcoins price and which one have best growth potential? Discover in this video!
🎁 Check my trading ideas for the altcoins that are still at the bottom!
like❤️ and follow