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Bitcoin (Cryptocurrency)

Hawkish FOMC, new extension lower for BTC, or?Bitcoin analysis with FMOC to come Today's focus: Bitcoin Pattern – Support break Possible targets – 30,345 US – 27,500 DS Support – 29,092 minor Resistance – 30,344 – 31,360 With the FOMC coming out tomorrow morning and rates expected to rise by 25 points, will we see straight sets with the Fed still remaining hawkish? With Bitcoin looking rather vulnerable at the moment, could that set up a new push back to the main trendline? Or if the Fed is more dovish, could that reignite buyer interests and move price back above the 30k level? Bitcoin broke support recently, and the worry for us is that the market could be looking for any reason to continue lower. A stronger USD could just be enough. That’s the primary point of discussion in today’s video update, but we have also put in mentions of the USD index and gold as they both sit in inappropriate situations atm, with the USD starting to struggle in its comeback rally while gold continues to push at a new continuation. Have a great day and good trading.
BITSTAMP:BTCUSD
by Eightcap
What can BTC price tell us about BLACKROCK etf chances ?News of blackrock and traditional finance filings for bitcoin have been taken as if they'll be a simple clean process to success. Perhaps it will be smooth sailing. I do think theres a decent chance for it to be a rockier road than many are currently thinking. This gives time for the process to influence btc and crypto prices in the meantime. Should a roadblock be hit it seems likely that it will cause pressure to the downside. Personally I do not think this is the worse thing. Maybe even a good thing. There is a large range open to price now (roughly 15k to 60k us$). Holders and traders alike need to be prepared for movements within this range as there is plenty of time till halving. As always will keep an eye out for emerging news // information // data. Thanks for reading and give us a like and follow for future posts. GeorgeOnTv
by CryptoCheckGroup
2
BITCOIN: Updated chart and LevelsBitcoin has lost some of it's shine as XRP wins a battle against SEC. In the meantime there are plenty of news that i cover in this video, most being more negative than positive but that's ok. Remember: BTC tends to Pump on systemic risks. Remember what happened with banks earlier this year. Everything is very quiet and Nasadq rises (as expected) these days but BTC will catch up times many with the first 'systemic lightning' and those remain plenty! It's a video so.. enjoy watching it. Links: cointelegraph.com www.cnbc.com www.coindesk.com www.theblock.co whale-alert.io One Love, The FXPROFESSOR
Long
by FX_Professor
1
Bitcoin About To Pump 20%!??On the 8 hour, 12 hour and daily time frames the MACD has been showing weakening levels of negative momentum throughout the greater half of this range now. This could be validation of seller exhaustion as we are now due to flip positive here in the coming day or so IF the MACD trends are to continue across all of these different TFs. I drew a pattern but whats most important right now is the seller wall created from the fakeout high last week in tandem with the high from today's price action it has created. If and when this wall is broken it could trigger a final death blow to the bears if they fail to regain momentum soon. The last time we flipped positive on the 12 hour MACD while closing above the 21 EMA, Bitcoin exponentially ran up 20%.
BITSTAMP:BTCUSDLong
by TradeVibez
BTC Bitcoin Technical Analysis and Trade IdeaIn this video, we closely examine Bitcoin, noting that it has been range-bound at a significant resistance level. The chart indicates that the trend is starting to display signs of potential weakness. Throughout the video, we delve into various elements of technical analysis, including the trend, price action, market structure, and other relevant factors. Towards the end of the video, we explore a potential trade idea. It's important to note that the information in the video should not be interpreted as financial advice.
BINANCE:BTCUSD
by fxtraderanthony
BNB Setup For Bull RunRight now BNB is a coin that reminds me a lot of the Bitcoin Cash chart just before it broke the 200 daily MA and exploded 200% in price days ago. The market structure is eerily similar to the year long accumulation BCH went through and like a tender smoked roast, BCH cooked on low and slow for a whole year boring traders to sleep before BOOM, a break above the 200 daily MA happened and the rest is now history. BNB has that same year long low and slow market structure currently but has not broken its 200 yet. It is still quietly in accumulation (possibly) but looks primed for a markup in price soon. Also, Bnb's weekly is attempting to put in a double bottom at a nice 88.6% fib retracement. That being AFTER it made a 100% retrace just over a year ago to date. A target of around 385 seems fair if and only if this 244 level holds on the weekly which is no gaurantee due to alt coins being so illuiquid in comparison to btc and eth. A true stop loss would be just below 184 but a tight stop loss below 220 is fine and maybe even wise. A run to 385 would equal a +50% move in price.
BINANCE:BNBUSDLong
by TradeVibez
🔔18k incoming? 🔔📈 Chart Analysis: Quick update on the current slow sideways market Recent Developments: Small flag pattern on BTC break up would indicate 35k is next a break down would suggest that our mini bull run is over for now! BITSTAMP:BTCUSD KUCOIN:INJUSDT INJ broke out of the flag and hit target 1 however showing very toppy signs with a double top in stage 3 that is still valid. it also is producing a small flag patten so if we break out of that it is likely that my topping theory will be invalidated! 🔔 Risk Management: It's imperative to tailor your position size in accordance with your risk appetite. Employ astute risk management tactics, such as trailing stop losses, to safeguard your profits as the price advances in your favor. ⚠️ Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions.
BITSTAMP:BTCUSD
by mammamia2
NFP: Jobs cool off but is Inflation knocking on the Fed's door? Long story short: it's a video, watch it! BTC LONG USD SHORT Learn why in this video. NFP: Jobs are ok, still good new jobs in the basket but less than previous month (cool off). AVERAGE HOURLY EARNINGS: Nobody talks about this but it means wages are rising, labor is going higher, services and products might become more expensive on expensive labor = INFLATION FEDS DUAL PURPOSE: To create jobs and to control prices (stability through monetary and other policies). Will the FEDS hike again? I think yes, they will but i also think that NOBODY CARES MUCH!! We almost done with rate hikes but are we done with systemic risks? Are banks ok now that real estate is not favored? I will finish the same way this started: BTC LONG USD SHORT One Love, The FXPROFESSOR
BITFINEX:BTCUSD
by FX_Professor
8
DOGE -BULLISH: BTC Halving, ALTS RotateHi Traders, Investors and Speculators of Charts📈📉 The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains. Historically, Bitcoin has been the dominant player in the crypto market, accounting for the majority of trading volume and market capitalization. However in recent years, altcoins have begun to gain traction and there has been a growing trend of investors rotating their liquidity from Bitcoin into altcoins. Not to mention the fact that Mr. Elon Musk himself is always bullish on Dogecoin and this has resulted in increased adoption for the altcoin DOGEUSDT. The Bitcoin halving is an important factor to keep in mind in the coming months as this affects the rotation of liquidity between Bitcoin and altcoins. (The halving is an event that occurs every four years, when the reward for mining a new block is cut in half) . This reduces the supply of new Bitcoin entering the market, which can lead to an increase in price. If the Bitcoin halving leads to a significant increase in the price of Bitcoin, it is possible that some investors will rotate their liquidity out of altcoins and into Bitcoin (meaning that the price of alts will INCREASE up until the halving, where it will then exit alts and enter BTC market again). The next Bitcoin Halving is scheduled to take place around April or May of 2024. Order of the Rotation Based on the Market Cap of the Altcoin The order of the rotation of liquidity between Bitcoin and altcoins is typically based on the market capitalization of the altcoin . The largest altcoins, such as Ethereum, Litecoin, and Ripple, tend to see the most liquidity rotation, as investors move their capital into these assets in search of growth opportunities. As we have recent seen significant increases in Solana, Litecoin and ETH, we can now expect liquidity to rotate into the next class of alts with slightly smaller market caps then the previous class, including DOGE. These are some of the fundamental reasons on why I am bullish on DOGECOIN up until the point of the BTC halving next year. The technical reasons for my bullish sentiment have been discussed in the video, including Technical Indicators and Macro phase analysis. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck _____________________ CRYPTOCAP:DOGE BINANCE:DOGEUSDT BINANCE:DOGEUSDT.P OKX:DOGEUSDT COINBASE:DOGEUSD KUCOIN:DOGEUSDT BINANCE:DOGEBTC CRYPTOCAP:DOGE.D COINBASE:DOGEUSDT
BINANCE:DOGEUSDLong
by Crypto-Check-
18