We frequently look at the altcoin market and very often look for clues on its dominance and market cap. A historic comparison of alts with Bitcoin's (BTCUSD) Cycles shows that alts bottom after Bitcoin, a lag which is natural considering that BTC is the market leader. Similarly it is possible for alts to rally when Bitcoin is correcting or consolidating. Using...
I mean its crazy to think of selling Bitcoin But think of it its been Pumped to all time new highs investors would likely take profit to enter(buy) at cheaper price
ABC correction finished. Short Elliot Wave reached 300% of fibonacci. Bullishtrend has been progressing. Waiting for the fifth peak of small E.W.
#BTCUSD - H1 📣 Upon analyzing the 1-hour timeframe, with the break of the downtrend around 58541, there is an expectation for the price to rise towards the range of 61000. ⛔ Stop Loss: 56400 On the other hand, with the break of the range of 56400, one might anticipate a price decline towards the range of 54000. ⛔ Stop Loss: 58541
Bitcoin worse case IMO Don't get shaken out Continue to accumulate
CRYPTOCAP:BTC just printed a "magical" green candle, after a kinda "bearish" upward movement with a lot of divergences. No one was expecting an upward movement like this, and really caught bears and shorters by surprise. The short squeeze here was brutal and a lot of shorters must be in pain. Anyone could be asking themselves, "what the hell just happened?"....
Just a little price prediction for a bit of fun. I think there will be continued sideways movement up until we see the classic "sell the news" price action once the halvening is here but we'll eventually start climbing through the summer
Very important levels 63 and 67K I would more pay attention at 67K level. If #BTC manages to have W close above 67K, that will mean that uptrend continues, and probably we will the PA as on the chart. Keeping an eye and trading according to RM :)
Hello my friends! I am back after a long break. Bitcoin has just experienced it's 4th halving event. I took it upon myself to look into past Bitcoin price movement patterns, looking into how Bitcoin's price reacted immediately after Bitcoin experienced a halving event. I'm primarily using a historical time-based analysis approach. Here are my findings: -...
The cryptocurrency market has retreated under the shadow of renewed concerns about US stagflation. Federal Reserve chair Jerome Powell left the benchmark federal interest rate at between 5.25% and 5.5% at the latest FOMC meeting Wednesday, citing sticky inflationary pressures and a lack of recent progress toward their 2% inflation target. However, Powell...
ORDER BLOCKS are great poi's if you how to use them. Make use of a HTF and draw on liquidity.
This is a trade idea I have for BTC. Looking to take long trades within that area. my overall bias for BTC is bullish especially with more BTC ETFS being approved.
LOOKING AT THE CHART MARKET HAS SWEPT BOTH asian range high and PDH with displacement and MSS we enter of the FVG and target 1:2 our stops at the high. lets see what happens
Just in the past 6 hours, the options market has looked very BULLISH, with a series of super Block trades in CALL options that have not been seen in a long time! There are two noteworthy ones: 1) Two 65,000calls with expiration dates of September and December appeared, both of which paid 93 BTC, or about $3.35m. But the open positions instead went down, indicating...
The price of Bitcoin rallied 3.8 percent to $59,568 over the past 24 hours. “#Bitcoin's market value has rebounded to $59.3K, and the percentage of the network's available supply in profit is at 84.4%. This CRYPTOCAP:BTC ratio is at its lowest level in 2 months. Lower levels generally justify more #bullish conditions,” the crypto intelligence firm Santiment...
That is the Bitcoin chart since the 2013 ATH to now and, as the arrows show, PA is currently following a Very similar Path since The ATH in Nov 2021. The position we are currently in is shown in more detail below This shows that in 2013, we had a -35% pull back, the last week of which was a Sharp drop and recovery. The Current total pull back is -25% June...
After rallying to a new Bitcoin all-time high in March, markets had looked without momentum for weeks. New catalysts such as an Ethereum ETF approval look very unlikely. The launch of new Bitcoin and Ethereum ETFs in Hong Kong has not attracted meaningful volumes. The much-anticipated announcement of the Eigenlayer token in the Ethereum ecosystem led to more...
market broke 60000 support n now is retesting below which give us 1000 decrease .in the other words the contract of sell still strong n next target support is 50000