Traders, The demand for BTC from these ETFs has been insane. The last I read on this about 2 weeks ago was that ETFs were demanding over 12x what miners could supply. And this is still pre-halving. Add to this the facts that only 24% of BTC remains liquid and there is continued institutional demand in other countries opening up and you can quickly understand from...
Last week was very eventful for BTCUSD. Breaking out of the two week long consolidation, the price surged, increasing by around 20%. However, after reaching a local high on Thursday, the price began consolidating recent gains and is adjusting to the $60,000 mark. The positive for bulls is that this consolidation is forming a symmetrical triangle, which we know...
Hello everyone, lets jump in.. So bellow you can find screenshots, with every relevant timeframe to be looked at, to make a better educated guess at least in my opinion. First of all, I need to say, that this Idea DO NOT have to play out immediately, IF ALL! BUT Since Highest Timeframe we operating with is 3Month, there is still like 60Days window in which...
read through the chart, all i see is a pump thats about to dump after touching the up trend line, a possible breakout of trend and a retest to form a new ATH... after which we might see a very huge dump.. please play safe... like share and follow
BUY/LONG ZONE (GREEN): $46860 - $56275 DO NOT TRADE/DNT ZONE (WHITE): $42580 - $46860 SELL/SHORT ZONE (RED): $35550 - $42580 Overall the market has a bullish sentiment, price has recently broken above my previous buy zone so I decided to rechart new areas that I would look to enter at. Levels and zones are drawn from the daily and weekly timeframes. I threw a few...
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If you haven`t bought BTC before the last rally: Then in line with the Elliott Waves chart pattern analysis, it suggests a forthcoming minor correction for Bitcoin, with one of the legs down anticipated around $47,800. However, the stock market is currently experiencing a notable surge in calls for tech companies leading up to June 21. I speculate that this...
Hello everyone, hope you guys doing great.. Firstly I would like to adress something from *Last update*, since some of you may been confused.. When I ment in update, that I expecting *Bearish Sentiment for 0-48hours* - IT MEAN, I EXPECT BEARISH SENTIMENT FOR 0-48 - Not for 5D, Week, Month etc.. and as far as Im concern, thats exactly what happend, before market...
Obviously, I don't have a crystal ball, however, just for fun I have estimated what the timing of this current market cycle may look like. I haven't made any predictions on the chart as far as the peak price or the price of the next bottom. Although, if the trend of diminishing returns continues I would expect a peak between $80k and $90k. If that trend is broken...
Hey Bitcoin Fam! 🚀 Check out our latest update on Bitcoin - we're seeing a chance for +18% gain! Right now, Bitcoin is a Sideways Ranging pattern, and we've spotted a small selling zone at $52,000 (just the last high). The big picture is shouting "buying opportunity!" Our nalysis predicts Bitcoin cruising to these targets: First Target: $52,000 Second...
Hello everyone, just a quick update to Yesterday Weekly outlook.. 4h Idea Breakdown chart: Reasons WHY Short in next 0 to 48 hours: 1 - is Lower Close then 2 2 - is Highier Close then 3, BUT it have Lower Candle High 3 - have Lower Close then 2 and Last Green Candle, BUT in the same time have Highier Candle High...
Hello everyone, just a quick Weekly update.. I believe that not much changed Price wise since last week, BUT we got some developments and news from Macro Economy perspective... So, Im still somewhat alerted we are RIGHT now possibly "around" or "not so far" from High, before of "reversing" at for week/two.. WITH still having in mind, that ONLY ONE TIME in...
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...
Anticipation Builds for Bitcoin Halving Event Bitcoin is currently holding strong above the $50,000 mark in anticipation for the event known as "the halving." The Bitcoin halving is a regularly scheduled event that occurs approximately every four years, where the reward for miners is halved. Historical data indicates that after each halving event, Bitcoin’s...
Bitcoin breaks the upper ascending triangle trendline with three white soldiers visible in 4H chart. My target is based on the previous pole, 35% rally to $50k or atleast will hit the supply zone around 47-49k USD. Very promising indeed but don't forget to anticipate a fakeout.
CEO of Blackrock Larry Finx cameout this week claiming CRYPTOCAP:BTC Bitcoin is the new digital gold and a wonderful asset to preserve capitol. The stars are aligning for the prophecy of a crypto supercycle to begin!
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...
Hello everyone, I have to update on update of previous post, to break it down little clearer for some of you, to explain why RIGHT NOW Im very causious... For that purpose Im going from Highier to Lower timeframes, to get clearer picture of what is the MOST possible at this moment.. So, If we go from 5Day to 4h timeframe, its clearly to see that we are...