Trade ideas
BTC against SPXdoesn't look good, lower high?
doesn't look good, lower high?doesn't look good, lower high?doesn't look good, lower high?
doesn't look good, lower high?
doesn't look good, lower high?
doesn't look good, lower high?
doesn't look good, lower high?
doesn't look good, lower high?
doesn't look good, lower high?
CryptoCap - BTC - Bitcoin Idea IIhey guys,
the yearly chart is bullish - main target was the recent ATH at 1.3T.
Quarterly Chart: After the break of the 1.3T Line theres a close below it
-> leaving a bit of doubt about imminent bullish progression or a potential double top forming here. The Inside bar is giving a warning of a possible reversal.
Monthly Chart: Although the demand Line is still intact there is a little divergence on the stochastic
-> there is weakness of 3 months not being able to penetrate highs - but going into a Consolidation.
-> BTC is testing a bullish trendline which, ones it has been broken by a close of the monthly candle, could provide a bearish setup and a possible double top scenario being in place.
I will wait for a break of the Consolidation to think about entering a trade.
Thanks for reading…
BTCContinuing from my previous post
I still see numerous scenarios below the peak
Bearish possibilities outweigh the positive ones.
Nevertheless, there's a failure zone if the summit isn't breached, as seen.
As a trader, leave emotions aside.
I still hold 50% of my portfolio in the market.
The chart below, a similar pattern in the past.
Where is Bitcoin going?Last cycle BTC worked well with the FIBs respecting the top in the end almost to the point and would in hind sight have been a good place to sell everything.
This time round Bitcoin seems to be respecting the fibs even better and at certain points stopping for an accumulation phase before the next leg up.
If it carries on like this then the next leg would take us to around 85k/95k which would also be a perfect place for more accumulation before we break 100k and media/proper retail FOMO into the market.
It will be very interesting to see how the media and other events are playing out around this time.
Bitcoin Marketcap v Federal reserve M1A nod to @unbeldi
And a updated chart
Swapping the Bitcoin price to marketcap over the M1 money
As BTC is a Trillion dollar asset again
and was invented to be peer to peer cash
It's good to compare the ratio vs the dollar.
And imagine one day in the future that it may dethrone the King.
Since BTC is natively digital and global
(M2 is slightly larger number and the more commonly used metric @ 20.86 Trillion)
The number of coins I used for the 100k & 400k price projections
was 19,791,006
If you wanted to check my maths
This is the current and supply and the estimate of number of coins in 10 months time.
SELL BTC TO MAKE A *100000% Accumulation: This phase occurs when investors start buying into or accumulating a stock, commodity, or asset, often quietly and over a period when prices are relatively low and stable. In the context of ICT, this could refer to companies or individuals acquiring technology assets, intellectual properties, or even startups.
Manipulation: This can sometimes occur in markets where certain participants have enough power or influence to temporarily control the price movements to their advantage, often to accumulate more at lower prices or prepare for selling at higher prices. In ICT, manipulation might relate to altering information flow or access in a way that benefits certain stakeholders disproportionately (e.g., controlling network access or data flow to benefit specific services or products).
Distribution: After accumulation, the distribution phase is where the accumulated stocks or assets are sold off to the public or other investors at higher prices. In ICT, this could involve the rollout or scaling of technology solutions and platforms after their initial development and acquisition phase.
In trading and investment, these terms form part of a cycle that analysts and traders observe to predict price movements and make decisions. Applying these concepts to ICT could involve understanding how products, services, or innovations move from development to widespread adoption, how market power is exercised, and how these dynamics affect competition and market health.
If you are looking into how these phases apply specifically within ICT sectors like software, hardware, or telecommunications, it involves looking at investment trends, regulatory impacts, market entry strategies, and competitive dynamics. If you need more detailed analysis or a specific industry example, feel free to ask!
User
SELL BTC TO MAKE A *100000% Accumulation: This phase occurs when investors start buying into or accumulating a stock, commodity, or asset, often quietly and over a period when prices are relatively low and stable. In the context of ICT, this could refer to companies or individuals acquiring technology assets, intellectual properties, or even startups.
Manipulation: This can sometimes occur in markets where certain participants have enough power or influence to temporarily control the price movements to their advantage, often to accumulate more at lower prices or prepare for selling at higher prices. In ICT, manipulation might relate to altering information flow or access in a way that benefits certain stakeholders disproportionately (e.g., controlling network access or data flow to benefit specific services or products).
Distribution: After accumulation, the distribution phase is where the accumulated stocks or assets are sold off to the public or other investors at higher prices. In ICT, this could involve the rollout or scaling of technology solutions and platforms after their initial development and acquisition phase.
In trading and investment, these terms form part of a cycle that analysts and traders observe to predict price movements and make decisions. Applying these concepts to ICT could involve understanding how products, services, or innovations move from development to widespread adoption, how market power is exercised, and how these dynamics affect competition and market health.
If you are looking into how these phases apply specifically within ICT sectors like software, hardware, or telecommunications, it involves looking at investment trends, regulatory impacts, market entry strategies, and competitive dynamics. If you need more detailed analysis or a specific industry example, feel free to ask!
User
Bull flag btc daily total market capBitcoin Daily total market cap, has a bull flag set up... volume increasing, with the daily chart oversold. I have 1.72 Trillion set as my breakout confirmation. The AD/money flow has already confirmed 98k bitcoin. We need a close above 63k on btc with at least 50 billion to the buy side, to get us over 1.72 Trillion. From there btcusd can retest ath, and proceed to 98k
How to compare other coins to BTCAn easy way and using a single chart to compare multiple coins to Bitcoin is by using the "+" button next to the Symbol input.
It quickly shows us which coins outperformed BTC in the past weeks/days and is a good indicator of how good altcoins are performing.
I added the top market cap coins that showed good results and the winners are SOL, AVAX and BNB. To my surprise, ETH is pretty even with BTC.
A new challenger that rose up within just a month is TON which market cap went up 185%.
Inverse Chart - Psychological Trading BiasLooking at an inverse chart flips the price axis, so up becomes down and vice versa.
This can theoretically help some traders detach from their inherent bullish or bearish bias and focus purely on price movements.
For example, a trader who is naturally more bullish might find it easier to identify potential shorting opportunities by looking for bullish signals on an inverse chart (which would translate to bearish signals on a regular chart).
Inverse charts can be a useful tool, to view them type 1/ in trading view. Just like the chart example: 1/BTC
As we can see with the chart, there is strong resistance highlighted by blue circles, this would have marked a good time to take profit in the market and look for lower entries. Opening a short would also have proved profitable at those points.
Note: Inverse charts are not perfect, they require technical analysis skills and employ zero fundamental analysis tools. It's simply another tool you can add to your trading toolbox.
Possible EW count $BTC Expanded Flat CorrectionWe have a 3 wave move down from SWB:69K and then another 3 wave move back up that takes the high. Currently rejected at the 1.05 (~$1.35T), but count is valid up to the 1.382 (~$1.68T).
Final leg is a 5 wave move back down that takes the previous low. If valid, BTC likely bottoms between 300B and 100B.
BTC Bitcoin BullishLooks like we are about to gain another $200billion in BTC marketcap. Currently sitting at !.022T
Also BTC dominance is falling, means the alt-season is around the corner.
I hope you packed well and HODLING your alts. My opinion BTC soon will start moving sideways or even do some correction giving steam to alt coins, and then we fly altogether.
~ GETTEX:54K BTC should liquidate Billions worth of shorts.






















