Hello,
Looks like Federal fund rates are going to be in uptrend (Double Bottom + Bullish Divergence in RSI), in the past from 1958 to somewhere around till 1980 SPX was in sideways move or economic decline.
Can we see something similar kind of movement in SPX?
IMO yes.
So, will Bitcoin follow SPX?
IMO Bitcoin also moves in sideways, or Bitcoin is risk on...
Wave one is complete?? Retraced to 61.8, sitting at a 50% retracement at the moment!!
.53 is my first target and I repacked my bags.
We might see something like what Sushi just had happen.
Polkadot could see a huge pump also but has already seen this wave 3 and possible last pump for dot is a squeeze? Bigtime could also see a squeeze. I am prepared for a...
Are you ready to be stopped out???
Many see the bullish wolf wave LOL.
I want to see 42K BUT 47,200 is ok for a 3%???? bounce??
After wave 3 I might try something for a retrace BUT I might just be someone's exit liquidity.
NOT FINANCIAL ADVICE!!!!!
IT IS EASY TO MAKE MONEY!!!!
IT IS HARDER TO KEEP IT!!!!
If BTC drops to 49,200 or less we could see a 20% drop... OR MORE!!!!!!
\Be patient for the entry if she does go more than 10% down.
NOT FINANCIAL ADVICE!!!
JUST A FREE IDEA
Risk to reward is good here.
Slow grind down is looking near complete to me.
2 different wave 5 counts that are 50% gains & 200% gains.
Recovery to .618 is a 20% gain.
Making a 3% risk for 20 or more % gains!!!
It seems like we MAY have have seen a market shift “signal” in #BTC with the W formation with a HL AND ON TO ITS SECOND “wave”
If we break this zone to the topside I will look for longs.
If we break to the downside it’s possible we’re seeing the second wave down in our identified bearish trend (short term) and validates our current short positions.
The 50...
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.
❤️Forex Besties❤️
INFORMATION
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 💲
SL @...
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.
Hello guys,
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 .
