GOOD MORNING
The CRYPTOCAP:BTC RSI is weakening further as it hits 74k.
The closer it gets to 80-100k the more risk rises.
#BTC is due for another correction/consolidation, IMO.
#Bitcoin $ Flow is still decent so, IMO this is not the top.
A)Shows RSI peaked & Selling begins to come in.
EURONEXT:FLOW was NOT strong at all.
B) Volume is light before picking...
The relationship between inflation and Bitcoin - they moves in tandem together, in the same direction.
We saw Bitcoin has broken above its 2021 high, and it is likely to continue this trend.
Many attribute the reason behind this rally to the approval of Bitcoin ETF by SEC in January of this year. While this approval serves an incentive, the core reason for...
Logarithm. Assignment in three days. Formations "Bowl". There is a fractal similarity.
The Nasdaq index is "ahead." The price is now at $15,237 after a nearly vertical strong price rise from the last consolidation of +18.21%. Note the price levels and their values on the CME.
Bitcoin lags noticeably if this fractal structure is realized, but the % ratio targets...
Going over BTC since its breakout. looking for clues and trying to LISTEN to what the market is telling us. always know where you'll get out if you're wrong and dont fade the trend. thats our motto.
BTC is showing remarkable resilience, holding steady above the $90K mark! 📈 It's a testament to the growing confidence in cryptocurrency markets. As we look ahead, experts predict a bullish trajectory, with BTC poised to surpass $90K and potentially reach new heights before the year's end. For traders with long positions, this presents a compelling opportunity to...
#BTC1! 1W
It is very possible for #Bitcoin to correct the GETTEX:39K levels to close the price gap before #Halving on the #BTC1 chart, and this level represents the cross area on the #Weekly_Interval from which it started with an upward acceleration and may return to it with a downward acceleration.
#BTC1!
These are #BTC futures contracts on the (CMTE)...
This would be a perfect time to start building a short position. One can start slowly and grow as confirmation comes in.
How you ease into it is completely up to you.
Timing might be good now.
This is an early call. Patience is needed.
Only hit the gas once confirmation comes in.
Wishing you good luck, success, wealth and profits.
Namaste.
Following the approval of the spot Bitcoin ETFs on Jan 10th, BTC futures have rallied by more than 30%. Capital inflows have remained consistent in these ETFs, supporting higher Spot and Futures prices.
The Decoupling:
The new demand brought by the approval of the Spot ETFs have given both retail, and institutional investors the opportunity to add exposure to...
Bitcoin is surging through expectations defying rally. Bitcoin (“BTC”) stands 22% higher over the last seven days. At its highest on 28 Feb 2024, BTC at USD 64k was 7% shy of its all-time-high.
Recent bitcoin (“BTC”) performance harkens back to the euphoric bull runs. Market metrics signal more steam in store.
This note discusses BTC’s recent rally and the...
In the fading light of November 2022, a gloomy shadow loomed over the realm of economics. Pessimism blanketed the landscape like a heavy fog, stifling optimism and strangling hope. The majority of economists, revered for their astuteness and foresight, found themselves perplexed and uncertain. In a world where certainty had once reigned supreme, doubt had now...
When Bitcoin produced the highest volume in months on 9-Jan. 2024, on the 1h timeframe, it signaled the start of a strong retrace.
The highest volume in months came in 9-Jan. but the highest this year came in 11-Jan. 2024.
➖ Bitcoin moved from a high of 47,460 to a low of 38,540, a 22% drop.
On the 28th of February 2024 at 13:00 Bitcoin produced the highest...
