As we can see a bearish OB highlighted in the chart, we have a high chance of reversal from that point. Moreover, we have a FVG in 15min TF in that area that has not been visited yet.
So here's my trade plan.
Bitcoin ETF flows have continued to exceed recent expectations. On average it would seem we have been seeing about $500M in new money come in every day. If this continues, which I expect it will, price will continue toward the previous Bitcoin ATH around $70k very soon.
In short term however, I think price will hit the $60k area by or in March. This is the...
#BLK starts his shorts on #Bitfinex since 10 Nov, they learn the lesson, 'for a non short squeeze', you need collateral, hahaha.
'Traders' and 'Youtubers' speculate about the loss of parabolic movement in bitcoin, but they don't even know the reality.
Bitcoin prices jumped above $52,000 level, regaining the $1 trillion market capitalization for the first time since December 2021.
At the time of writing, Bitcoin was down 0.24% over the last 24 hours at $52,194.50, and the token’s market capitalization was above $1.02 trillion.
💲SELL 52280 - 52460 💲
Bitcoin has given us our expected pullback and now we must look at the support side to study which supports will hold price and for how long?The first option, as of this post, is that the pullback will only last till Tuesday (U.S. stock markets are closed Monday) and then the buyers come back via BTC ETFs. If this is the case, it may also mean that our RED...
Technical Analysis and Outlook:
The chart analysis on February 9th shows how powerful the Trade Selector System is to this Trading View platform. Bitcoin has completed the second phase of the reignited rebound extension phase, also known as the "Outer Coin Rally 53000". Currently, this analysis shows the downside price action is in pivotal squeeze mode; it is...
This INDEX:BTCUSD Bitcoin ETF is over-speculated at this time and heading toward resistance at the M top highs of 2021. Interesting that smaller funds have been dumping recently. Best to wait for a correction if this is something you are interested in for long term.
Since USDT dominance reached to an important support zone of 5%, looks like Bitcoin is in topping process only if USDT holds this support zone and makes some kind of bullish Divergences. For short term looks like UDST dominance bounces back from support zone, so Bitcoin can correct from 52k to 53k zone.
Case1: If USDT.D holds 5% zone n forms...
Analyzing Bitcoin's Price Movement: A Detailed Look at the Daily Timeframe Chart
In the dynamic world of cryptocurrency trading, understanding price patterns and chart movements is crucial for making informed decisions. Bitcoin, the pioneer of the crypto market, has exhibited notable price movements since December 5th, 2023, particularly within the daily...
By analyzing old data BTC data bitcoin's low should be 8k to 10k Btc might come down again wiping out all reentered money and and making lows again . I am entring now and don't buy at top plz save your capital for deepest dip 😅 Best of Luck or Fcuk .
(Forget to publish this a few days ago however, this is not investment advice. I am just sharing my opinion. The long-term scenario is bullish. I will update once it reaches the expected target.)
The recent approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC) is indeed a significant development in the cryptocurrency market, marking...
Bitcoin, oh dear Bitcoin, you're in a pickle! Picture this:
Feb through April 2024, three months before the Bitcoin halving, and things are getting more complicated than explaining blockchain to your grandma.
The Bitcoin ETF approval in January? Well, that turned out to be about as useful as a screen door on a submarine. Instead of a price boost, we've seen...
Markets move in cycles and based on game theory . Everyone is risk averse and everyone jumps in when it appears "risk free". This is how prices would be bid up.
Stocks work like auction .
During Bull runs -> Highest payer - bids up the prices and the averages increase.
During Bears -> it's a fire sale. BUYER has an upper hand and takes the lower prices...