WOuld pay to be contrarian here. all momentum indicators are very much over extended but can run a bit more but i feel time is running out. everyone and their moms are now calling for 40k where were they at 26??? we got a perfect CME gap fill, almost seems to easy to long here which is why we short. and fade the general public. I find it also very improbable on a...
The price of Bitcoin (BTC) is currently on an upward trend. Surpassing the psychological level of $42,000 has sparked optimism, with Bloomberg setting an ambitious target for the largest cryptocurrency by market capitalization. According to the news outlet, Bitcoin reaching $42,000 is just the beginning of a new crypto super cycle that could propel the world's...
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
BTC moonboys will get rekt soon when DXY will pump !
Hello there! I am back with my next short. I entered already my position and my first target is the area in the box. I will mention the reason for this position later in the updates in this idea. Stay safe
BTCUSD is falling from a swing high resistance toward our take-profit target. Entry: 42001.82 Why we like it: There is a swing-high resistance Stop Loss: 44411.36 Why we like it: There is the pullback resistance level Take Profit:37981.33 Why we like it: There is the multi-swing-high resistance level Please be advised that the information presented on...
Fair value gaps sitting below. 0.5 fib retracement should be visited and that would be first retracement wave, followed by a nice consolidation. 40k is definitely coming but 38k is very high probability in terms of my technical analysis. I am sure lots of long interest open position are present right now as there is a ongoing story with the ETF. After 38k it...
Market analysis suggests a potential correction in Bitcoin's price range, with expectations ranging from $41,400 to $39,400. Investors are advised to monitor the market closely during this period, as corrections are a natural part of the cryptocurrency's volatile nature. Stay informed for strategic decision-making. #BitcoinAnalysis #MarketCorrection
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
The price of Bitcoin (BTC) is approaching the psychological level of $40,000 and could erase it before undergoing a correction. Several bullish indicators, including the Relative Strength Index (RSI), have strengthened the prospects for further price increase. The RSI, a momentum indicator, indicates increasing momentum with its position at 68, suggesting there...
So much confluence at 39300 - 39600 - 1.618 Reverted fib - 1.23 extention - 1.0 double extention - Bear div at higher TF Please be aware it could fly aswell I will take a short position in this range as a hedge ( 26.000 long - 37700 long )
This count is based on my assumptions so anything can happen not a trading or financial advice just for fun only kindly do your own ta thanks trade with care good luck.
Bitcoin has been forming a rising flag for the past few days, reaching its new year high at 39,000. I am anticipating that the price will rebound from this HH, and the formation of the rising flag might be a strong indication of a bearish pullback. My entry point for this trade is 38600, SL at 39000, and TP at 37600 as the R:R is 1:2. Remember, only risk 1-2%...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
The Best of Profits All Time High by Using AI Training GymModel. BITSTAMP:BTCUSD
The Bitcoin Spot ETF may see widespread approval in January, according to insights from Eric Balchunas, a Bloomberg ETF analyst, who detailed the updated application from asset manager BlackRock. Bitcoin prices continue their upward trajectory, triggering a short-term liquidation of $8.94 million. The total number of entities issuing Bitcoin Spot ETFs has risen...