The time has come when all the investors who bought bitcoin at $69,000 will be able to sleep peacefully. But what will happen after the historical high is updated? To begin with, there is a good chance that bitcoin will continue to grow without correction or even consolidation. The result will be a renewal of historical highs. This is evidenced by the...
I was expecting this drop some days ago and here you are. My buy zone worked out perfectly. Now it's getting ready to pump hard and probably hit a new ATH. Invalidation below my support zone
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
With the drop to 60k already happening, will evaluate if this possible bounce makes it above 67k, at 67 will explore options on possibly opening a hedge short position, while maintaining bag positions. It's an obvious idea with minimal risk vs reward. Short 66-67k Leave current bag alone, and hodl let go of short when or if 60s is breached and we touch the high...
On April 1, the BTCUSDT price started with a "humorous" correction. In general, April promises to be quite interesting and provide "many answers." During the likely long-awaited correction, it will be necessary to closely monitor such indicators as BTC.D and USDT.D: - It will be possible to trace where the capital that previously entered the cryptocurrency...
If you haven`t sold the top on BTC: Upon observation of the chart, it appears to have developed a clear double top, a pattern widely regarded as one of the most bearish in chart analysis.
I've been tracking this Elliott Wave count for some weeks now including other coins. We have an obvious 5 waves carved and RSI divergence on the daily/weekly. We now have all the characteristics of a Wave C decline with very rapid price movement declining over the weekend. The Wave 4 bottom was taken out, which can be a spot for liquidity before moving higher and...
Typical liquidity cycle is 5-6 years long (65m). Buy bitcoin before an upswing (or end of QT) and sell when liquidity tightens. Macro is the best way to analyze markets? Adjust your stakes based on position of the cycle. Markets can have risk-on, risk-off episodes. Where Bitcoin is a risk-on asset. Use 10Y-02Y for guidance.
Looking back, commodities had a high conviction in february based on a longterm trend. Combining macd and BB break out. Markets have either risk-on sentiment or defensive. During risk-on phase people want to put money to work, there is too much money. During risk-off or defensive, people want money and safety. Assets become too expensive. Bitcoin rallies...
Trading Setup: A Trading Signal is seen in the BTCUSDT Bitcoin Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 67500.0 ⭕️SL @ 68820.0 🔵TP1 @ 64000.0 🔵TP2 @ 60800.0 🔵TP3 @ 55550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger Bands Risk Warning...
The recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA). Understanding MDIA: The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA...
The recent plunge in Bitcoin's ( CRYPTOCAP:BTC ) price to $65,000 has sent shockwaves through the cryptocurrency market, causing significant losses for altcoins like Ethereum ( CRYPTOCAP:ETH ). This unexpected downturn, just seven days before the highly anticipated CRYPTOCAP:BTC halving, has left many traders reeling and triggered over $880 million in total...
After a Bitcoin halving event, several trends typically occur: 1. Supply Reduction: The most immediate impact is a reduction in the rate of new Bitcoin creation. Halving cuts the reward miners receive for validating transactions in half, reducing the rate of Bitcoin creation. This is intended to control inflation and ultimately limit the total supply of Bitcoin...
Not financial advice. 🔥The next bitcoin target gonna be 85K. 🔥 Your choice 🤑
Technical Analysis and Outlook: This week's trading session Bitcoin completed the forthcoming Inner Coin Rally 72500, and as expected, the coin retraced to our designated Mean Sup 65600. Bitcoin is in the process of rebounding back to the 72500 scene of crime. On the downside, the market potential decline may occur, resulting in Bitcoin falling to Key Sup 61300...
Bitcoin 4h chart forms a usual falling wedge pattern, it's more likely to hit ATH again around 85k before it makes a new consolidation targetting 100k price Crypto fear & greed index currently at 72, worst-case scenario is a pullback to lower prices around 55k
With Bitcoin's fourth mining reward halving just days away, all eyes are on the leading cryptocurrency. However, a recent price slump in Bitcoin Cash (BCH), a derivative of Bitcoin, is sending a potential warning sign to Bitcoin traders. Understanding the Halving Bitcoin's mining reward halving is a pre-programmed event that occurs roughly every four years. It...
Rumor Bitcoin and ETH ETF in Hongkong will approve in Monday and securities will start trading in the next 1 week What do you think? ETF will make pushing higher or dump consider ETH ETF also rumored will approve in Hongkong