Everything makes sense to me again. This has been distribution all along. Institutions are not going to let retail long and make money this easily, its always the other way around. This idea that resonates with me the most. I've tried numerous attempts to paint a long picture but each time something feels a little off. But zooming out to the daily and labelling a...
Bitcoin’s (BTC) recent price consolidation could be nearing its end as technical indicators and on-chain metrics suggest a potential upward breakout. However, this move would not be straightforward and could punish impatient investors. : Low and High figures are for the trading day. Bitcoin (BTC) is recognised as the world's first truly digitalised digital...
99.99% of all people that are extremely bullish on Bitcoin and became extremely bullish on Bitcoin early 2024, became this super, ultra, mega, uber-bullish because of the Bitcoin Spot ETFs. When mentioning the fact that Bitcoin is about to enter a major correction, they would say it is not possible because there is no reason for such a correction to happen. There...
btc /usd have creat the coch in 1 min with bos so ia ma going to take long postion up to 15 min up bo zone NOTE- please trade at your own risk no dinincal advice GOOD LUCK
Bitcoin (BTCUSD) almost tested the Higher Lows trend-line that started on the October 12 2023 Low, which is technically the bottom of the 6-month Bullish Megaphone pattern. Having a notable Resistance on the 1D MA50 (red trend-line), which is where BTC last failed to make its bullish break-out, if this level holds, then we can expect a strong Bullish Leg such as...
As mentioned in previous analysis, I believe the breaking of 60K to be important for BTC. If it is important, we'd be in a bull trap now. Currently we have to classic 76 retracement along with a butterfly correction pattern. Trying a fairly large short on BTC now. Expressed through shorts on BTC directly, OTM puts on COIN and OTM puts on MSTR. If the break...
█ The profitability of technical trading rules in the Bitcoin market The Bitcoin market, known for its wild fluctuations, poses a unique challenge for traders: Is it possible to consistently profit using technical trading rules? Recent research analyzing Bitcoin's price data from July 2010 to January 2019 has shed light on this question, focusing on the...
Hi everybody! Happy to discuss with you the current situation of Bitcoin. Currently, Bitcoin is showing signs of a medium-term bearish trend, based on the descending triangle pattern and the 34.89 EMA showing signs of reversal (signaling a potential downtrend on the H12 chart). . Accordingly, the false breakout of this pattern is pointing towards a clear bias for...
Hello BTCSUD traders, today, a glance at the 4-hour chart of this cryptocurrency easily highlights that the bearish trend remains dominant. The price continues to operate below the 34 and 89 EMA lines, and a recent breakout below the prior support level has significantly tipped the scales in favor of the sellers. Following a brief corrective rally, I anticipate...
Profit pays bills If there is no profit, you're screwed! trading full time isn't for everyone. There is a lot of uncertainty, there is a lot of discipline required and it is a long road of fails before taking it seriously. I've shared some of my personal story here, this is to help highlight the real challenges of what its like relying on the market to pay...
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...
Hey, I am not promoting the idea of a possible double top, but the reality is that adjusted for inflation Bitcoin has failed to make a new high from three years ago, despite halving, despite ETFs. Just something to think about if you want to be honest with yourself, huh?
I'm quite surprised that nobody is mentioning that BTC is actually forming a triangle. Everyone is calling this a flag, while remaining quite bullish short term. Now, im not calling this as a trade, im already short since the previous high, but this has the potential to go down hard. Look at 2017 triangle, 2019 triangle. Both tops grinded around an...
Based on mathematical theories, I predicted a peak of 73,600 on my Twitter account, and now fluctuation is the master of the situation. If Bitcoin succeeds in falling below 57,000 before May 8, I expect that we will see this scenario with a target of 29,000, and let us pray that it does not happen.
Hi. BINANCE:BTCUSDT ✅Today, I want to analyze BTC for you in a 1D time frame so that we can have a MID-term view of BTC regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts). After the fifth bullish wave, BTC has completed his corrective waves (ABC) and now he has reached the end of the...
➖ Bitcoin is now red for the fifth week in a row. ➖ Confirmation is no longer needed, the market is about to sell-off. We are looking at Bitcoin on the weekly timeframe. Notice how the week just started and we already have a full red candle. Normally we get the first half of the week green and the second red, on a normal week. This change in behaviour is...
The video cut before I populated all of my 'Contract with myself' Attributes were entered in. Feel free to create your own. Here are mine to help your creative flow: Approach Balanced Strategist Supportive network Resilient Long-term focused Humble Calm Adequately aware Balanced response Prepared with a structured plan Can...
MACD bearish divergence, RSI bearish divergence, Willaims%R double top similar to last cycle. I will save the lecture on sentiment, by simply pointing out a few altcoins. CUMROCKET, PEPE, DOGWIFHAT. Top is likely in, and being that it barely broke all time highs of the prior cycle i will suggest there is literally no reason to buy bitcoin again for "another...