As a part of Messari's 2024 Cryptocurrency Thesis, the platform highlights the growth and impact of BRC-20, Ordinals, and Inscriptions. These new transaction forms, along with Tem and Runes, have surged this year, flooding the Bitcoin mempool and causing a notable spike in transaction fees. According to the thesis, engravings alone accounted for approximately 21%...
Hello everyone. i want share my idea about USDT Dominance. After bitcoin bullish movement at USDT Dominance we had revers strong bearish movement, which broke easy some supports without test it, but at least we got some strong rejection at weekly support. First touch was strong revers movement which test twice 4h resistance and we got movement from 6.10% to 5.60%...
Bitcoin's price has initiated a renewed uptrend, reaching bidding levels around $41,500. BTC has formed a price base and recently embarked on a new upward movement from the low of $41,637. There is steady upward momentum around the resistance zone of $42,500.
Hello Traders! This is my idea for BTCUSD H4. At the moment, BTC remains in consolidation, and soon I expect a rise until the price of 44.000 which is a strong resistance level. As a target, I see the price of 48k. Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your...
#BTC is currently trading around the $42.6k level, with the 100-day moving average (100 MA) acting as support. Breaking below this level could lead us to the $40,222 level, which is the lower support for Bitcoin. I anticipate a bounce from the same level. Keep an eye on the 100-day moving average for the next few 4-hour closes. Ensure you book profits on your...
We are back in the triangle "on-chart". Support on 4-Hr, after tested severally got broken to downside Daily: RSI looks lot more room to down side. RUMOR: ETF approval usually precede down-move KEY Pattern: Double-Top formed clearly on the chart. It is all there is to see. Additionally what some people called M formation
We all saw what happened in the weekly time frame of Bitcoin. Well, this upswing that is happening is slow and from Ichimoku's point of view, a strong upswing has not been formed So I expect it to move along the red path drawn based on the higher probabilities I guess and experience another terrible descent
Here's my Idea about Short term for BTC Short Position. Expecting an Dump Entry Would be Around 43.6-43.7k Stoploss Will be around 43868 Target will be 42.6k or 41.8k The Trade is Risky So if you are degen then go for it or Use low levrage While Trading. Follow For more Such good ideas & Don't Forget Share my ideas.
Hello everyone. i want share my idea about Bitcoin. Bitcoin had a pretty good year, we saw bullish price action which started one year ago and it gave us price action from 16200 to 44500 which is pretty good percentage, but what we will have in 2024, in my opinion price will fall down again and here is some reasons why i think that. with technique analysis at...
Short -term vision Bitcoin seems to rise. The long -term trend is 100%increased, but we may see some obstacles in the near future. K is still my goal. This will be the strongest resistance area in front of the highest region of all time.💪 🎄🎄❤️❤️❤️🎄🎄 I wish you a peaceful Christmas 🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄🎄
Bitcoin continues its robust upward trend, recently reaching a significant milestone by exceeding 50 million unconfirmed addresses. This achievement reflects increasing user adoption and widespread acknowledgment of cryptocurrency as a legitimate asset. With an average holding of approximately $16,000 per user, the implications for future price performance are...
Resistance $44,524 are too strong to break, and today we have bearish. this movement broken support channel up. The only support we have left at $43,406, and if this support also broken, we will have another market sell-off to reach $40,700
The impact of altcoins taking the lead over Bitcoin is not particularly positive. Bitcoin dominance represents the percentage of the total cryptocurrency market held by the world's largest digital asset. Whenever this dominance increases, altcoins tend to lose influence in the market, but the rising value of altcoins is causing Bitcoin to lose its dominance. This...
On the macroeconomic front, the influence of fundamental principles such as interest rates and inflation on Bitcoin is gradually diminishing. Other fundamental factors boosting Bitcoin prices in 2023 include the resolution of the year-long FTX lawsuit and the admission of money laundering charges by Changpeng Zhao (CZ), the CEO of rival exchange Binance. While...
Nice risk/rivard Don't forget money management 🪽 Don't risk about buying
Hello friends. According to the Bitcoin chart, we see an abc corrective wave. So it can be expected that its correction will start from the point that has been specified and will go down to the range of $35,500.
Bitcoin reacting to this daily Breaker at 43k, on the higher time frame we have the monthly bearish orderblock. So price is likely to go down and stabilize on a weekly FVG around 34-30k.
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction in Long Time Frame, Completed Impulsive Waves " 12345 " and Corrective Waves " AB ". Symmetrical Triangle as an Correction in Short Time Frame and it has completed the Retracement for Break of Structure Entry Precaution : Wait until it Breaks UTL / LTL