Hi Everyone! In my opinion, it is worth a managed risk with low leverage for margin long. Don't forget Stop Loss (SL) if using cross leverage. If you have not accumulated Bitcoin yet, this may be a good time to do so. If you are still cautious about taking the plunge, you can divide your capital intended to invest in Bitcoin into 8 to 12 pieces. You can use...
Well Bitcoin closed April in red. Still the loss has been minimal for BTC standards, especially considering the wild bull run it has been on since last year.
A few interesting facts:
* That was the first red month since September 2020.
* Sept 2020 was the last red month below the All Time High (ATH) of the previous Bull Cycle.
* During the previous Bull Cycle...
This video was made simply to determine if you're currently performing a platform update or if it's something on my end. This video explains what my issue is regarding loss of my "drop down" menu on "Chart" for my home page. When we moved our cursor over "Chart," we could see several of our most recent charts -AND- click a bottom option to Search...
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello, dear friends!
Let's talk a little about current BTC situation😻
Let's take a look at 1h chart!👇
We can see, that this hours we tried to breakout the triangle, for now we can see a retest a support line.
For now I see 3 options are possible:
1 - retest of resistance - hike to the top!🚀
2 - we return to the triangles...
Welcome to this analysis about Bitcoin, we are looking at the 2-hour timeframe perspectives. As expected previously Bitcoin managed to break out above its descending triangle I mentioned in the previous analysis and now moved on to test the remaining resistances in the structure. Now Bitcoin holds above the 55- as well as the 25-EMA and besides that is...
Looking at the price of Bitcoin on the daily time frame we can see that after the falling knife down to $47,000, BTC caught support there and bounced back up to $58,000.
From here i'm expecting Bitcoin to continue this reversal upwards to the 3.618 and 4.236 Fib level.
I believe that we're going to see an altcoin season but that doesn't mean that Bitcoin can't...
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One of the world's leading index providers, S&P Dow Jones Indices, has unveiled a new range of digital asset indexes. The S&P Bitcoin Index, Ethereum Index, and Cryptocurrency MegaCap Index are part of the S&P Digital Market Indices series. The performance of Bitcoin and Ethereum will be tracked by both of these indexes, with the latter measuring a hybrid of the...
Bitcoin broke the trend now upward can be expected.What do you think about BTC ?
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DISCLAIMER : This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as...
Greetings Traders this is my analysis for Bitcoin .
As we can see on the chart Bitcoin had a downtrend movement last week witch has formed a right and left shoulder with a downtrend head.
In this case we can see that the price after that downtrend is preparing for another possible Uptrend Movement.
And that is if it breaks the key level 58k we will see a future...
After break of resistance we might go up around 39% before we see a pull back and test 63k area before hitting the 100k.
But we will have another bear run after hitting 100k due to people going crazy and the FOMO so the market will have another manipulation phase-.
-This is not a financial advise. Only technical analysis, fundemental and past price action.
Dynamic structure behaviours might get complex that can leave you full of self doubt. My personal observation is there is nothing wrong in the charts and there is always a challenging benefit decision as long as we have the right Egde on the market. Various capability of the overreactions get connected to build the continuous improvement on skilled development of...
Potential Wyckoff schematic is playing out on daily time frame as the markings showed above . Small time frame refinement can be seen as you go to smaller time frames like the 4 hour time frame or 45 mins
Indeed, “a weak Dollar is a dream scenario for crypto,” said Bill Noble, the Chief Technical Analyst at Token Metrics, to Finance Magnates. Bitcoin and other cryptocurrencies “are a legitimate component of the foreign exchange market, and it’s like any other currency. It rises as the Dollar falls.”
This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of Bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls this cryptocurrency and everyone can take part. Bitcoin price grew significantly within a short period of time making the BTC/USD pair quite popular among active traders and investors. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.