If we compare the stock market drops at August 05 and September 03, we can say that the crypto market is still holding up very well.
But we shouldn't relax, because there are a lot of events coming up in September that will set the tone for the Autumn:
1️⃣ September 6 - data from the labor market. July 5 and August 5 were extremely volatile downward after the...
Patience pays in trading. Sure one can come in really anytime and start trading on the low time frames, but how do you know you are trading in the right direction? This is where zooming out to longer time frames can give you a better outlook on what the market is actually doing.
If you only focus on short term time frames for scalps, you can easily miss the...
Here's a quick update to the video I posted last week showing a final unfilled Gap on the 4-Hour NASDAQ:IBIT likely pushing price down (We're NOT sure yet how this is correlated, other than the BIG money is playing with Options / Futures and now the NASDAQ:IBIT , which makes Bitcoin a Wall Street product now essentially.
My targets on Bitcoin now are $57k and...
I expect the Bitcoin price to consolidate in the 53,600 - 49,000 zone, after the price is fixed in the zone, I expect to see a price increase and a high probability of breaking the maximum.
If you look at the Online LTH Realized Profit 7D metric, you can see a similar seasonality of the market that was in 2021, in addition to the online metric, I conducted a...
BITCOIN
HELLO TRADERS
Tendency , the price is under bullish pressure until trade above turning level .
TURNING LEVEL : the price of turning level around 66,400 , indicates the price trade above this level reach a resistance level , but if breaking this level reach a support level .
RESISTANCE LEVEL (1) : around 69,648 , for reach this level will be...
Bitcoin's price action appears to correlate with seasonal trends in global market liquidity, as measured by the GMI Total Liquidity Index. This relationship offers insights into potential Bitcoin price movements throughout the year:
Winter (Blue): Often coincides with tighter liquidity conditions. Bitcoin may experience consolidation or downward pressure during...
Checkout the quick update on Bitcoin and Ethereum. Also must checkout the last video uploaded on 5th July to see what levels we have given you in advance
last night the BTC broke the area of validation.Breaking such a strong trend line indicates that the marker will be fallen to a nother demand.so we will able to buy at around first demand around area 67000 then we have to see the reaction around that area .If its a corrective one we will sell again in premium, if it rejects hard, we will buy btc at cheap...
COINBASE:BTCUSD
Currently on the way to touch and retest the too resistance the 7ths time. Once breakout, the next target will be $70,000. If fail to breakout it will likely travell back down to the support.
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...
Stochastic at oversold, the price is making sideways movement and we have higher low above EMA50. soon next move posibilty is upward after breakout from shortime downtrend. $75k next new high or $85k?
This week, we bring you a roundup of significant events in the cryptocurrency world. Last week’s anticipation of US inflation data causing volatility was realized, pushing Bitcoin up by 10% to $67,000. With such movements in the backdrop, what can investors expect in the coming week? COINBASE:BTCUSD
Here we look at a quirky emoji infographic showcasing one of five potential Bitcoin cycle concepts. Using trend-based Fibonacci Time Extensions, I've drawn them since the inception of Bitcoin's first impulse rally from 2009 to its 2013 all-time high. These are then projected sequentially four times to 2025. While it seems simple, and not perfect, it appears to be...
BTCUSD is exhibiting signs that it may be forming a head and shoulders pattern, a critical development that could indicate a potential reversal in the current trend.
Macro bullish-engulfing yearly chart.
🟢 Unstoppable Ascent (2009-2012): A solid start, Bitcoin embarks on an upward journey, laying down the foundation for what will become a digital gold rush.
🔴 Moderation in Momentum (2012-2015): The red candles suggest a period of consolidation, a breather where the bulls and bears are at a tug-of-war, testing the resilience...
Pair : BTCUSD ( Bitcoin / U.S Dollar )
Description :
Completed " 1234 " Impulsive Waves
Consolidation Phase
Break of Structure
RSI - Divergence
Rising Wedge as an Corrective Pattern in Short Time Frame
