Many people seem to think this is Bullish. Forgetting the fact (obviously) that it's still 50% from it's $69,000 High. Classic case of retail only seeing what retail want to see and are blinded by every other opinion, including backed by sound logic. When I said all that time ago - let's go long. There was method to the madness, I had already been...
It’s been reported that BlackRock has engaged in preliminary discussions with Jane Street, Virtu Financial, Jump Trading, and Hudson River Trading, with regards to their potential involvement as market makers for a spot Bitcoin ETF. Amid the crypto crackdown, a BTC ETF, if approved, would open a new pathway for U.S.-based firms to get a piece of the crypto action...
BlackRock has some Hidden Bearish Divergence across a few notable time frames and is below many of the major Moving Averages after Bearishly Pivoting at a 618 Retrace, if we can continue down from here we will eventually break below the B Point and go for a Full Bearish BAMM break down to the 0.886 Retrace at $161.72
In this idea, we will explore different ways to amplify gains in a Bitcoin Bul. We will look at potential advanced tactics to capture further returns. My assumption is that Bitcoin is already in a bull market; however, the concepts I will talk about here will be valuable regardless of when the bull market begins. Bitcoin will most likely outperform most crypto...
We can see that awhile back we formed a very subtle and tiny left shoulder to this potential pattern that most people may tend to overlook, and the rejection from our most recent high on bitcoin helped solidify a potential neckline for this currently speculative inverse head and shoulder pattern which then gave us the ability to make a measured move guesstimate...
Fact: The US Securities and Exchange Commission Will Not Appeal the Grayscale (GBTC) ETF Ruling A Bitcoin Trust is a financial vehicle where investors pool their funds to buy and hold Bitcoin. Bitcoin Trusts operate like a traditional investment and are traded on the over-the-counter (OTC) stock exchange. Bitcoin Trusts indirectly own Bitcoin through the trust’s...
If you haven`t sold BLK here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of BLK BlackRock prior to the earnings report this week, I would consider purchasing the 640usd strike price Puts with an expiration date of 2023-10-13, for a premium of approximately $10.80. If these options prove to be profitable prior to...
Bitcoin (BTCUSD) has spiked up by an enormous 2,090 PIPS (7.50%) in the last hourly candle, on the rumour that a Bitcoin Spot ETF application has been approved by the SEC. BlackRock has come out to deny it, calling it 'fake news'. Just like that market crashed back down & wiped out its 7.50% gain. In the process trapping a lot of new buyers, taking out sellers &...
Every day the BTC chart begins to tell a story that only gets clearer by the day. When rich men have goods to sell they advertise and when assets have been distributed into primarily the hands of the public the public runs out of money and begins to sell. Given what I see on these charts I find it no coincidence that the richest institutions are magically...
As someone who has been around Bitcoin a long time, I find it interesting to see people try and find their own "edge" from how they utilise on-chain metrics, to liquidity maps and sometimes even deeper with things like the energy consumption or BTC mined. The last couple, most recent years - Bitcoin has been moving towards it's institutional position and that has...
Hello Traders Investors And Community, welcome to this analysis about BLK ( BLACKROCK ) 4-hour timeframe perspective, the recent events, the current formation building, what we can expect the next times, what can happen after confirmation and how to handle the situation sufficiently. The stock has recovered from the major corona-lows seen this year with some...
We don't know when the ETF from BlackRock will be approved so this is the worst possibility of COINBASE:BTCUSD if this ETF is not approved as soon as possible BINANCE:BTCUSD will return to 19999.19 usd support! or if it is not strong enough to hold the support at 19999 it will return to 16778, I hope next month it will be approved by the SEC.
Market correlation in the financial space that plays a crucial role in investment strategies, risk management, and portfolio diversification. It refers to the degree to which the prices or returns of different financial instruments move in relation to each other. Investors and traders use correlation analysis to make informed decisions about asset allocation and...
The Potential Impact of Bitcoin ETF Launch: A Long-Term Bull Run? 🚀📈 Hello, crypto enthusiasts! Today, let's explore the exciting prospect of a Bitcoin ETF (Exchange-Traded Fund) launch and how it could potentially set the stage for a long-term bull run, drawing parallels with the impact of gold ETFs in 2004. 📊 ETFs: ETFs are investment funds that track the...
The price of Blackrock is currently experiencing a very stable rise, which is precisely what we expected. A large part of the turquoise wave B should be completed by now. After the high is placed, a descent to the green target zone between $613.07 and $491.98 will follow. However, if the current rally extends too far and breaks above the resistance at $785.65,...
Traders, A few posts ago, you will see that (2) two gaps were being focused on. The question was posed about which might be filled first. Many of my followers understand that my bias was to the upside gap being filled first. Thanks to the Blackrock ETF approval, this has occurred. And, as I stated in my video yesterday, I have unloaded 50% of ALL my positions...
Controversial. People don't like it when opinions don't align with their own beliefs. It's human nature, however - even when the obvious is smacking them in the face, they still want to reinforce and find support for what is inevitably wrong. I've talked before about the possibility of Government or WEF being behind Bitcoin. It would not surprise me one bit....
I wanted to post this post to get comments and thoughts of others here. Have you ever seen the film "In Time" ?? Imagine you switch out the countdown timer for Bitcoin, after all it won't be long and everyone can have them embedded under the skin. If you haven't seen the film, here's a CHATGPT explanation summary. OK so what does this have to do with...