I like how this looks, a lot. I think 30k comes soon. I believe we just broke out of diagonal resistance and retested it. The performance of btc vs equities has been impressive, i also anticipate the grayscale lawsuit to be a big catalyst over the next week. SEC has until Oct 13th to respond to the lawsuit and its looking good for grayscale imo. If grayscale...
First major confluence level $.75 Breakout target / Entry $.856 Confirmation of breakout Extension Target 1: $1.20 Target 2: $1.46 Not a huge fan of XRP, but I will concede the sheer amount of government connections the team has is definitely something to look into, its feverish fan base will no doubt pump it to new heights this bull run. It hasn't died yet and...
The S&P 500 has risen significantly since yesterday and has broken through resistance at 4294. We must now assume that the low of wave in magenta was already established a few days ago, on October 27th. Going forward, we can expect a continuation of the rally that has now begun, which should also continue above the resistance at 4634 in the course of the magenta wave .
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...
Is btc going to 42k or 28k this is the question of the day. Gann chart pretty accurate . Please share
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...
Bitcoin hits $35k amid more encouraging ETF news: BTC soared from ~$30k USD to ~$35k earlier in the week, before settling around $34k USD by Friday. Spurring the price action, news began circulating on Monday that BlackRock’s spot bitcoin ETF, with the ticker IBTC, was listed with the DTCC, leading to speculation that the ETF was nearing approval. Bitcoin...
In a week marked by substantial financial developments, none have captivated the attention of investors quite like the unfolding saga of BlackRock's Bitcoin ETF. The focus began to shift back onto the ETF topic after the iShares Bitcoin Trust was officially listed on the Depository Trust & Clearing Corporation (DTCC), a crucial component of the U.S. market...
Hi guys, I've been thinking of how to make useful ideas, and here's what I came up with. I will be watching useful coins in the top 100, starting with a high timeframe analysis and then continuing on the intraday regularly. Let's start with Bitcoin, the most popular digital currency, which offers to be your own bank, with a limited supply of 21 millions. On...
BEARISH Analysis of the Chart: BEARISH BEARISH BEARISH... OUR PREDICTION IS STILL IN PLAY. I will quit it when we break the previous high of 32K. But here is why I am bearish... The 20-day moving average (MA), represented by the red line, is currently below both the 50-day MA (yellow line) and the 150-day MA (sky blue line). This pattern typically indicates...
Just a quick update for BTC, after a very strong rally last week price has continued to rally this week also. My initial thoughts for this rally were price would struggle to break through the 32k level which can be seen as the midpoint of the range set from this years lows up to the right shoulder of the head and shoulders reversal pattern confirming the end of...
Things are moving fast. Too fast. The last time things moved this fast was before a big blowout. Looking to get in to a 1x short over the next weeks depending on how chart looks. Maybe we see a wick up on the next monthly candle and then retrace? Good luck everyone, good luck to the people who are buying this to hold for longer. It's not back sorry this is not...
🚨 URGENT: BTC Breaks Through $31K! 🚀 Next Stop: $44K? 🎯 Text: Hey Folks! 🙌 Urgent news—BTC just busted through some major resistances. We're talking $31,500 and $31,000 acting as support now! 💪 Time for a reality check: 3rd attempt to soar past FWB:31K : Success! 🥳 Next stop if we stay above FWB:31K : A rapid ride to $44K! 🚀 *Good News Alert: The iShares...
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...
Before anyone reads this idea, I'd recommend reading my previous two ideas about Coinbase and Grayscale. Definitely worth the read to get a better grasp of the current situation. The main ideas I will analyze are that the SEC suing Coinbase and Binance are the final things that had to happen before a Bitcoin ETF would be approved and that the SEC could lose some...
Bitcoin (BTC) reached a two-month high of $28.8K, up 2.8% in the last 24 hours, on the back of revisions to spot Bitcoin ETF registrations in the United States. Fidelity has filed a modification to its planned spot Bitcoin ETF, the Wise Origin Bitcoin Trust, following in the footsteps of Ark Invest and Invesco. The amendment covers safeguards for customers'...
An idea about the BTC Dominance. Thats the move that i expected to see till the BTC halving. Already is on Breakout after the Fake news about BTC ETF. But.. I expect to see higher moves with the upcoming hype about the BTC Spot ETF. If we see a 10% pump at fake news what moves we will see after Blackrock and other big institutions will Start shill BTC to...
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...