Good Morning Let's see how CRYPTOCAP:BTC handles this next resistance level. Currently it is above. Assets, not #Dollars! Where are can you put your hard earned $??? Into #equities with high PE's? Into #commercialrealestate? #BTC #Bitcoin #GOLD & #Silver as well as they have stood the test of time.
Following the futures chart, move anticipated at 16k. Sell at 53K, buy back at target.
CME:BTC1! CRYPTOCAP:BTC needs to hold 45.6k for bullish sentiment to challenge all time highs. Currently CRYPTOCAP:BTC has broken GETTEX:52K and if a retest hold's at 48.5k this would be extremely bullish for Targets to 58k, 65k and ATH 69355. While this is the larger picture, there are moves on smaller time frames allowing entry for trades or building...
Bitcoin is known as digital gold. It is treasured as an investment asset. Much like the famous yellow metal, bitcoin (“BTC”) does not offer income through dividends or interest. This poses a challenge for investors seeking regular cashflows and income. One strategy that skilled investors use to turn BTC into an income generating asset is the cash and carry trade...
Attention! 🚨 This technical analysis is for informational and educational purposes only. It does not constitute financial advice. Remember to always research and consult with a professional before making investment decisions. Good luck! 📈💼🚀 I f you found this analysis helpful or support my work, consider making a donation via Binance Pay: 57841095 Thank you for...
I wouldn't too excited in here, all these ETF drama will end and late comers will be exit liquidity as usual. Better hedge my longs on my alts with BTC short. We should understand that all of these ETF buys from big funds are just a show and real smart money will not buy in these levels. We have CME gap left around $20k area so we will probably visit there.
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2.12.24 Bitcoin has had a very bullish Wing going higher and I explained that in the video. But I would be looking for some sellers and a correction lower. If you're a buy and hold kind of trader I could understand why you would hold on to your position.
Daily Candle closed above neckline on inverse head and shoulders. To calculate Price Target Height of head to neckline (Price Difference) x 2 = Price Target Set stop loss accordingly :)
After a long journey, the first spot bitcoin exchange-traded funds (ETFs) were approved in the United States of America. This is the latest step on the path to bitcoin, and digital assets more generally, becoming mainstream. To help clarify how this chain of events unfolded, and where the story could go next, this is an edited summary of a discussion with Ryan...
Today Bitcoin closed the day at 47,770, which is the highest close (moving up) since March 2022, almost two years ago. ➖ The daily session wicked to hit as high as 48,505 —February 9, 2024. ➖ January 11, 2024 —Bitcoin peaked at 49,435 on a wick, with the session closing at 46,350. I will not go into all the details but the dynamic between Bitcoin's price, the...
Yesterday, CRYPTOCAP:BTC broke out of the symmetrical triangle we had spoken about two days ago Today; #BTC RSI is breaking out of downtrend it's been in. Money flow pumped higher for #Bitcoin over last 2 days. All this has happened while the volume is lower. This can only mean one thing....... that is a lack of sellers. We're still bullish on #crypto 48k...
As already mentionned, btc was looking to close GAP. Now mission is completed and gap is closed
With a candle that can be seen as a hammer, the price closed the gap by taking buy orders that were in the majority compared to sells, the candle is evident. In the related analysis I had written that it would be a very useful level, given that gaps often work well as supports or resistances, in this case it has become a very useful support, a perforation of the...
Hello, our esteemed viewers, after studying the price movement, I came to the conclusion that the price may fall strongly CME:BTC1!
It's not hard to understand. If we get back inside the triangle then we teleport to $80k.