Bitcoin appears to be compressing near all-time highs in what looks like an ascending triangle. Previously, Bitcoin would pierce the ascending triangle to the downside and the result would be the liquidation of all of the leverage in the system, then the price of Bitcoin would proceed to chop around more before eventually moving higher. Essentially, the ascending...
Welcome to a pivotal moment in the Bitcoin market! As we witness the launch of several spot Bitcoin ETFs, including giants like Fidelity's FBTC, Bitwise's BITB, and Franklin Templeton's EZBC, the landscape of cryptocurrency investing is evolving before our eyes. First-day volumes paint a promising picture, with funds that 'Buy Bitcoin' directly, such as FBTC...
BTC has been simply flipping resistance into support since June 2022. This chart suggests we are in wave 5 of 3 heading to somewhere between $90-$100k next.
I'm still bullish #bitcoin but I'm not as certain as I was before! The 2 green highlighted levels are still holding up. I'm my view, either bank's & institutions are filling orders before the next leg up which will be a new all time high again! However, if this is a battle between buyers & sellers, I'm not too confident these levels will hold. If they don't,...
These algorithms say this price action is a buy, and are indicating pressure towards the top of the daily trennd channel. this fund is oversold, and in pullback from a bullish overall trend where it has consolidated above fair valu gap and equillibrium. AI is good at trading crypto, and if the computer is buying itself, then im buying the computer AMEX:BITO ...
A month ago Morningstar identified the ARK Innovation Fund (ARKK) as one of the largest wealth destroyers in the fund industry, with the ETF losing $7.1 billion in investors' wealth over the past decade due to its strategy of using leverage to bet against the Nasdaq-100 (NDX). Additionally, the ARK Genomic Revolution ETF (ARKG) has shredded $4.2 billion in wealth...
1st CRYPTOCAP:BTC chart shows the arrows pointing to the highs of this morning. 2nd #BTC chart shows where it is at the moment. This shows us that Spot #bitcoin is correcting itself and catching up to Future's price action. Futures $ Flow broke the downtrend & is rising. Bullish. Spot $ Flow is pretty even. But just like price action, this will likely...
are buying IBIT at 39 thinking it can hit 100 welcome to unit bias something to think about Just a thought that popped into my head..
Hello everyone! In today's TradingView idea, we're delving into Bitcoin's current trajectory, especially as altcoins experience sharper declines. We'll focus on Bitcoin, as it's showing some unique behavior amidst market uncertainties. Bitcoin at a Crossroads: The Big Rejection and Whale Dynamics Bitcoin recently faced a significant rejection at a major support...
The BitcoinETF IBIT will open the US market with a pre-market gap up today dear Crypto Nation👀🚨 Why can this be important❓ In 6 out of 6 times when that happened we saw BTC go up at least 1,000 USD before getting down 500 USD🚀 No financial advice to open a trade at US market opening with RR 2,0... but keep an eye on the behavior today - might be an interesting...
🌐📈 "Navigating Bitcoin's Pivotal Moments: A Deep Dive into Resistance and Support" 🚀🔍 Hello FX Professor Community! 🌟 Today, we embark on a detailed exploration of Bitcoin's current trajectory, a journey that combines technical analysis with market intuition. Happy Martin Luther King's Day to our friends in America and around the globe! 🌍 Bitcoin ETFs and Market...
Bitcoin tops GETTEX:52K as ETF inflows build: Bitcoin ETF inflows accelerated this week, with close to $1.5B of inflows over the first three days of the week, and four of the ETFs (excluding Grayscale) now holding over SEED_TVCODER77_ETHBTCDATA:1B in AUM just one month after launching. Blackrock's iShares Bitcoin Trust (IBIT) leads the pack with over ...
Above is Blackrock's new Bitcoin ETF. This is mostly a joke and a "wait and see" post. I'm curious whether the liquidity generated by these Bitcoin ETF's creates a permanent resistance at their opening day high, which is around $30 for IBIT. I'm speculating that Bitcoin may never again breach $50k. Again, I'm partially kidding with this post but wouldn't be...
Should u just buy Coinbase stock rather than the go through the hassle of Buying , storing, off-ramping profits back to your bank. It is far easier for big money who want some crypto exposure to just buy crypto stocks. All in their familiar regulated platform, hence why the Spot ETF is so important... But who are the custodians Blackrock is entrusting to hold...
I told you about the 'buy the rumor, sell the news' strategy on the Bitcoin ETF approval in the last article We approached the price target of 39K last Friday, and I believe that was the last dip for now! With the stock market at an all-time high, I anticipate crypto assets to follow suit. Elon Musk is likely to implement Bitcoin and DOGE on his new platform,...
BTCUSD has a bearish Head & Shoulders pattern, with a risk-reward ratio of 1:2.5. If this pattern is confirmed, the price is expected to decline further, potentially reaching around the 36,600 level.
Fibonacci wedges play ground. This is the possible scenario for me. 48.500$ very strong resistance of fibonacci wedge. Full of action days are waiting for us. Don't get caught up in FOMO. * What i share here is not an investment advice. Please do your own research before investing in any digital asset. * Never take my personal opinions as investment advice, you...
"Buy the rumor/Sell the news" is a phenomenon as old as markets. It was like betting on the sun not to rise tomorrow. I have talked to many Bitcoin enthusiasts who are perplexed by this occurrence. They were assured by various Twitter personalities that this week would see the largest inflow of capital into Bitcoin ever, price would rise, and if they just...