The final acceleration of Bitcoin and the end of the upward trend. The beginning of the downward trend
Expect reaction from level 1.618 (48683) with succeding return to level 1 (44500)
Option number one: BTC is still strong, first he goes to 50670 then he goes back to 47000 Option number 2 : sell the news and he goes back to 39000
I truly believe that the massive leverage flush last week on the Matrixport report and the fake news of the ETF approval two days ago took the wind out of the sails of the big news event - which is not a bad thing. Altcoins stole the show, but the show is just beginning. Today should see around SEED_TVCODER77_ETHBTCDATA:4B in inflows into ETF products, a...
No BTC Fireworks After Long-Expected SEC Ruling on Crypto Spot ETF. -The champagne bottles have gone to the main competitor Ethereum and it looks like the party is just getting started... The BTC ETF does not change the value of the underlying asset, which is still not regulated and has no real use case. This simply allows more people to speculate. After the SEC...
Based on my technical analysis, a massive collapse is expected.
Exactly a year ago (January 18 2023) we posted our last Fibonacci MAs study and called for a calculated rally while the rice was still at 20k: It is now time to expand on our original idea and update it using the Mayer Multiple Bands. Basically, as you can see on the chart below, the Mayer MA helped us on June 17 2022 identify the Bottom Phase on the 1W...
Date: January 11, 2024 Overview: Bitcoin has continued its ascent in the cryptocurrency market, showcasing a bullish trajectory on the weekly timeframe as observed on Bitstamp. This report delves into the key technical indicators to provide a comprehensive analysis of BTC's current market state. Price Channel Analysis: Bitcoin's price action has been...
The current ETHUSD weekly is very similar to the BTCUSD daily from the beginning of 2019. It is likely to follow BTC. Fees on ETH are rising, which creates a positive feedback loop as staking revenue increases.
The following ETFs can start operating today: Blackrock's iShares Bitcoin Trust (IBIT) ARK 21Shares Bitcoin ETF (ARKB) WisdomTree Bitcoin Fund (BTCW) Invesco Galaxy Bitcoin ETF (BTCO) Bitwise Bitcoin ETF (BITB) VanEck Bitcoin Trust (HODL) Franklin Bitcoin ETF (EZBC) Fidelity Wise Origin Bitcoin Trust (FBTC) Valkyrie Bitcoin...
Morning folks, So, our 47.35K target has been hit on fake ETF approvement ;) Anyway, right now the major question is about stability of demand. Ambitions and emotions have got a release after ETF approvement and we have to be sure that bulls have sufficient power to keep moving higher. Because technically market has no problems for upside action - no...
This post is more of documentation of the historical moment that the leading cryptocurrency Bitcoin has experienced today with the passing of Bitcoin ETF approval by the SEC. It was a long awaited event and it has finally happened. But what other major events are happening in the chart right now that also might be historical? Well for one, we can see that BTC has...
Hello, folks! If this is your first time reading one of my ideas, welcome, hope you enjoy it. If you are a regular visitor of my ideas, thank you! Let's discuss the fuss around Bitcoin Exchange-Traded Funds (ETFs). With 8 Bitcoin ETFs awaiting regulatory approval, decisions are anticipated between January and March 2024, let's consider how this could shake up...
CRYPTOCAP:BTC #BTC on $45,622 support. Previous daily closed good beating bears and FUD as the ETF approval news was cleared, $47,232 key resistance to watch here, $44,860 current key support, watch given key resistance areas and support. RSI on 1d and 4h looking good.
BTC to new lows due to traditional markets entering a multiyear bear market. I see btc bottoming before traditional markets and holding strong. BTC should start making a recover going into 2025, next market top Nov/2027
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is no Nasdaq indicator announcement. Instead we have the CPI tomorrow. There is no movement, It's moving...
Weekly tf butterfly on BTC, Bulls want this 1.272/1.414 window to hold. Aim for 382 and 618, stop even after tp 1 touch. Break below 1.414 BTC can drop lower.
**UPDATE** CRYPTOCAP:BTC Still on track to the upside as predicted since my post on 12/31/2023 📈🧐