The impact of the Federal Reserve's decisions on maintaining or reducing interest rates significantly influences the pricing of Gold and Bitcoin. While low-interest rates are generally favorable for Gold as they reduce the opportunity cost of holding the precious metal, Bitcoin's price reactions depend on various factors. If the Fed's monetary policy responds...
The Bitcoin/Gold ratio continues to decline. This ratio, indicating how much gold is needed to buy one Bitcoin, has experienced a significant drop over the past two years. In November 2021, the ratio stood at 35, but by 2023, it had decreased to 15. According to Longtermtrends' calculations, in January 2022, this ratio narrowed from 24 to 9 by the end of the year...
Bitcoin, trading at $28,538 at the time of writing, grabbed headlines on Monday due to a spike caused by fake reports. The cryptocurrency surged over 10% before dropping to $28,500, triggering a $86 million short-selling liquidation. Despite the truth emerging, the ETF saga continues. The Securities and Exchange Commission (SEC) is set to announce its decision...
Bitcoin's price surged by 10% in the early hours of New York trading after news broke that the U.S. SEC had approved the iShares Spot BTC ETF. However, this uptick was short-lived due to the confirmation that the news was false. Long-time traders who had opened short positions faced significant losses, with nearly $80 million in short positions liquidated,...
BTC is moving in range, wait for the breakout to get trade or place your buy and sell stop with given Tp's. Mange your risk according to account size!
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bearish Channel in Long Time Frame and Rejection from the Lower Trend Line and making Consolidation Phase in Short Time Frame if it Breaks Upper Trend Line then it can Reach its Previous Support or Upper Trend Line of Channel Entry Precautions : Wait until it Breaks UTL or LTL
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase in Long Time Frame as an Corrective Pattern. It has completed " AB " Corrective Wave in a Corrective Pattern " Bullish Channel " if it Breaks Previous Resistance or Upper Trend Line then it will Complete its Impulsive Move
Hello Guys There are some notes of BTC weekly Chart: 1. We have a new ATH every 4 years ( 1428-1477 ) days.. 2. After the ATH we take about ( 52-59 ) weeks to make a new bottom then we go up a little ... 3. Every time we reach a new ATH we drop down in a same angle (-55) before the new bull run starting .... look at my chart ( Red angles and curves ...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in Long Time Frame with the Breakout of the Lower Trend Line and Completed the Retracement but Failed to Break the Previous Strong Support , If Reject then it will fall from Fibonacci Level - 61.80%
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase R Channel in Short Time Frame as an Correction Fibonacci Level - 61.80% Break of Structure Strong Support Zone
Important level on the way. Obvious consolidations with easy bullish signals on 1D time frame are more likely to be a trap for hunting buyers SL. Be on guard.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in STF as an Corrective Pattern Support Level Impulse Correction Break of Structure Consolidation Phase
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase Completed Impulse and Corrective Wave " ab " Divergence - RSI Break of Structure S / R Level
Bitcoin ... I see for now the price is more likely to bearish. If you look at the market structure (if you have trouble seeing the market structure, I help with H-L-H-L notation) the possibility of continuing the bearish trend is still quite high. Although there is a possibility of limited bullish up to SND, but I am sure prices still tend to bearish in the next few weeks.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Consolidation Phase with the Breakout of LTL Divergence S / R Level Symmetrical Fibonacci level - 38.20%
Currently it looks like the price is consolidating (sideways) if the price falls lower than the sideways area, there is a possibility that it will continue to fall until the SnD area. but if the price can survive and return to bullish then the goal is 34000.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Bullish Channel in Long Time Frame as an Corrective Pattern Consolidation Phase S / R Level Break of Structure Completed " 1234 " Impulsive Wave RSI - Divergence
Lads please pay attention! This 10 year old support trendline turned into a resistance in November 2022. Approach with extreme care! But bare in mind that this is crypto and it could get blasted through with vengeance.