BITSTAMP:BTCUSD The Bitcoin is entirely speculation? Fundamentals support the price of it? The Bitcoin is not entirely speculation, it is the price of the fundamentals. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line is the Bitcoin factor in...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 7 years, total return is 101, maximum drawdown is 35%, annualized sharpe ratio is 1.99. In the chart above, the yellow line is the net value of account, $10000 in the January 1, 2015, to 1.02 million dollars in November...
BITSTAMP:BTCUSD How much the Bitcoin fundamentals can explain the price of the Bitcoin ? My latest research shows that the new Bitcoin factor can explain 92% of the the logarithm of Bitcoin price. The Bitcoin factor indicator is calculated by Bitcoin fundamental factor, it can reflect how much of the Bitcoin price is supported by the fundamentals. The green line...
BITSTAMP:BTCUSD Can't you invest Bitcoin for it's price fluctuations too big ? I backtest the Bitcoin long-term strategy using historical data in 10 years and new Bitcoin factor indicator, total return is 23K, maximum drawdown is 41%, annualized sharpe ratio is 3.27. In the chart above, the yellow line is the net value of account, $10000 on October 1, 2011, to...
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...
BINANCE:BTCUSDT Based on latest S/R and Fib our next support levels will be $37k --> $30k --> $20k. The price action looked similar to June 14' correction so it will be interesting to see if history will repeat itself.
Hello everyone! Here's an overview of Bitcoin. We're anticipating a turning point on 4th February, with a subsequent bearish cycle until 5th April 2024. The 5th April 2024 is crucial for Bitcoin as we're expecting a major sharp bearish movement. Potential targets for this downward trend are $32,000 and $26,000. I'll continue to analyze Bitcoin and update the chart...
Pulling this horizontal channel on the log chart, we see we are currently at the top of the channel, while also sweeping previous highs within a bearish Weekly order block. If we fail to close above this zone, the next draw on liquidity with multiple confluences (fvg, bb, ote, golden pocket) is around 30k for BTC.
CRYPTOCAP:BTC #BTC Possible bearish divergence forming on 4h, If played out Key support areas from here to watch will be $48,644, $47,786, $47,232, $46,623 & $45,622. RSI on 1d looks fine so if this bearish divergence plays out it could be for short term.
4 hr Shooting star close + Rsi divergence etf grayscale offloding btc sell clear downside corrtion move possible china dragon new year impulse move ka correction take down side trades for short term
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 1-day update. After Bitcoin's recent setback from the crucial 48K level, the price sought support around the middle boundary of the ascending channel and an important range defined by the important...
BINANCE:BTCUSDT.P Local targets for Bitcoin in February 2024 Possible Targets and explanation idea ➡️12H timeframe Fib is relevant. After bounce from 27 zone we can see drop to 40300 ➡️40300 is a key level what we need to hold forming H&S pattern on 4H ➡️Target for this pattern will be over 46-48k and liquidations over 5 billion ➡️Above we will test...
BTC scalp short setup. Yatırım tavsiyesi değildir herkes kendi işlemini kendi değerlendirsin.
Bitcoin is correcting. It is as simple as that. Here is my input on things: What is on the chart? (Follow the steps) 1) Price rallied back in October 2023, breaking the high of the 13th of July 2023. Throughout this breakout a large untouched daily FVG was formed. 2) Following the rally, price slowed down and created an accumulation structure which plays a huge...
Short Term: Dead Cat Bounce Long Term: Bearish Correction Opinion: BTC will be back in the 30s in a few weeks Bulls will get excited as they already have over a dead cat bounce Once structure is established price will push down When we go back into the 30s the bulls will finally give up Be patient bears
fib, fractal log chart nothing more to say mention that in higher timeframe we also at top of the fib level
Breaking 23.3k after holding 22.3 fairly well, I believe the market is due for one last push of the little volume (relatively) is left since the surge from 17k towards 25-26.3 and finally a healthy correction back to the lower limit support 19-21.2k. And then off we go 30k<
Hello friends, welcome to this BITCOIN update from Crypto Sanders. Chart Analysis:- Hello friends, what do you think after seeing the chart? Please comment on the BTC 2-day update. The first head and shoulders that we see has been completed and is pending retest, we can assume that the first head and shoulders can retest 100 MA, and BTC can reach $49000 In the...