Stocks are coming down at the start of January as some portfolio adjustments and profit-taking occurs at the start of a new year to avoid 2023 tax year. We can also see some dollar rally, but normally these flows at the start of the year are temporary and can be reversed later this month when flows will normalize. We also have a FED minutes today, but US PMI and...
Happy New Year Traders! With the likelihood of Bitcoin ETF approval in the cards, there are a plentitude of zealous crypto traders on the crypto rocket anticipating destination moon. But what if it doesn't turn out the way everyone expects? What if the MMs shake out the pockets of dumb money and over-leveraged moon boys? Or worse yet, ETF approvals are delayed...
Greetings, BTC has been struggling to breakout and then stay above $44K. With time since the previous move above $38K resistance, the top trendline has been descending. Along with that, the recent bounces have created an ascending bottom trendline. If we extend this bottom trendline back, it aligns well with the previous resistance very well which makes it a...
1. Current Trend : Bitcoin is currently experiencing a minor bullish trend, which means its price is gradually increasing. 2. Short-term Price Movement : There is an anticipation of a temporary pullback in Bitcoin's price. This pullback refers to a short-term decline in the price, which is normal in financial markets even during an overall upward trend. 3. ...
Bitcoin Spot ETF Approval In Sight As SEC Advances Talks With Asset Managers. SEC's advanced talks signal potential Bitcoin Spot ETF approval, paving the way for investor engagement in the tightly regulated market. In a significant development, talks between U.S. regulators and major asset managers regarding Bitcoin Spot ETF have progressed to crucial technical...
Hello, Traders! 👋 First of all there is a video explaining this chart: While we delve into Bitcoin chart, it's crucial to address the elephant in the room: Binance's recent legal woes: Binance, helmed by Changpeng "CZ" Zhao, faced a significant setback with a $4.3 billion penalty for violating anti-money laundering and sanctions laws. CZ himself pleaded...
Last weeks high: $38451.2 Last weeks low: $37035.2 Midpoint: $35619.1 Bitcoin continues its choppy price action as the 38.5k resistance remains intact despite 4 separate attempts to break above. This type of price action has allowed other altcoins to run up double digit gains, however the microcaps and meme coins are benefiting the most in recent days and that...
Bitcoin is defying expectations, carving a path through the $38K barrier with the tenacity of a bull. The recent rally from $36,886 to $38,437 wasn't just a fluke; it's a statement. Even more compelling is Bitcoin's graceful dance above the 0.5 Fibonacci level at $37,662, dismissing any doubts about its current strength. Away from the charts, the SEC's recent...
In a world where market dynamics often border on the theatrical, FTT token finds itself in the spotlight. 🌟 Let's dive into the nuances of this intriguing crypto token, against a backdrop of regulatory oversight and market maneuvers. 📉 A Closer Look at the Charts: Shorting Opportunity at $7.8: Our analysis indicates a ripe shorting opportunity at around $7.8....
Bitcoin and crypto markets react to the Binance settlement: Bitcoin (BTC) prices and the wider crypto market saw a sudden drop on Tuesday morning after news broke that the DOJ was set to announce crypto enforcement action at a 3pm ET press conference. Following reports of the Binance settlement, BTC broke below the $37k level to as low as ~$35.8k later Tuesday...
Binance CEO Chanpeng Zhao has been forced to resign today for not carefully implementing anti-money laundering regulations. They have also been ordered to pay $4.3 billion in fines to the DOJ (Department of Justice), after months of investigation.
The longterm chart of XRP is extremely bullish I think there is a good chance we have a bull flag about to break, that will target the high form last July This level is our High 3 in a massive #HVF pattern and the key trigger to take us to Major Target 1 of $1.50 (log target)
Binance Coin (BNB) is gearing up for a spectacular ascent, fueled not just by its technical strength but a reservoir of liquidity waiting to be unlocked. The recent legal resolution in the U.S. is adding another layer of intrigue to BNB's narrative. Let's delve into the liquidity dynamics and the implications of the legal verdict on BNB's trajectory. Chart...
Market structure offering a possible shorting opportunity for BTC. ⭕️5 Bullish Wave Complete. ⭕️LQ Sitting At Wave 4. ⭕️Overbought Market Conditions, Based On SEC ETF Hype. ⭕️Break Of Structure on 1H TF.
Ton Targets - Support and Resistance Zones. Support Zone: $2.275 Resistance Zone 1: $2.55 - $2.65 Target 1: $2.80 Previous Top Resistance Zone: $3.01 - $3.35 Potential Bull Run Target 1: $4.85 Toncoin (TON) is a layer-1 blockchain that emerged back in 2018 from the creators of the secure messaging app Telegram. The project underwent a transformation after...
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...
Renewed interest in XRP is driven by three key indicators: a significant surge in real trading volume, a shift from declining to bullish market capitalization, and a consistent pattern of higher daily price lows. These positive signs point to a potential price surge, despite past challenges and legal developments surrounding XRP's CEO, Brad Garlinghouse. Investors...
The post Bitcoin SV (BSV) Breaks Out of Slump, Soars 64% in Just 30 Days appeared first on Coinpedia Fintech News Bitcoin SV (BSV) has caught the crypto world’s eye with a remarkable 64% gain in the past month, thanks to its inclusion on Binance, one of the world’s top cryptocurrency exchanges. This substantial increase came after BSV’s split from Bitcoin Cash...