Last weeks high: $69934.6 Last weeks low: $64483.4 Midpoint: $59032.3 Bitcoin experiences its highest ever weekly close in history falling just shy of $70K . The previous ATH tested and bested multiple times during the previous week and broken yet again already this week hitting $72K ! The Market Cap has overtaken Silver to become the 8th largest...
Since the beginning of 2023 BITCOIN has been on a relentless upward trajectory. As the highest market cap cryptocurrency it often sets the tone for the entire market. When Bitcoin goes up it tends to drag the rest of the market up with it and the same when Bitcoin falls is the general rule of thumb. This post is to showcase the difference between Bitcoins...
Last weeks high: $64271.5 Last weeks low: $57579.4 Midpoint: $50887.4 BITCOIN ATH IS IN SIGHT! A crazy final week of February closing the monthly candle with a record single candle gain in the history of Bitcoin! A +52.8% gain in a single month ($22,134.20) . This price action has lead us to a situation that has never been seen before in this markets...
Ethereum being the second biggest coin in market cap has a very important role to play in the crypto ecosystem, however, we haven't heard to much talk or news about the coin as other L1's have stolen the spotlight. SOLANA, INJECTIVE, SUI etc have all grown in popularity and have taken a lot of the focus away from the biggest altcoin by market cap. In the...
Last weeks high: $52994.8 Last weeks low: $51757.7 Midpoint: $50520.6 Another big week in the world of crypto! As predicted BTC has been ranging consistently between the local high of 53k and the support of 50k . Since Bitcoin has been moving sideways we have seen profits rotating into ETH sending it above 3K and the broader altcoin market. We see this...
Celestia is a project I am keeping a close eye on and is one of my favourite picks for the next 12-18 months. "A modular data availability network making it easy for anyone to launch their own blockchain without needing a validator set. Modular blockchains specialize and optimise to perform a specific function instead of one blockchain doing everything. The...
Last weeks high: $42846.80 Last weeks low: $50286.30 Midpoint: $47725.79 BITCOIN has finally done it! BTC has flipped the all important 49K S/R level and has had a week of confirmation meaning 49K is now major support and a new trading zone has been entered. Last week we saw BTC continue the rally that started the week previously with a near linear move...
Last weeks high: $48582.05 Last weeks low: $45414.55 Midpoint: $42247.04 What a crazy rally from BTC last week! From the very start creating the weekly low and the end of the week creating the weekly high with a near perfect linear move up. With 49K as the local high consolidation just under this level is extremely bullish and with the halving moving...
Last weeks high: $43871.39 Last weeks low: $42838.73 Midpoint: $41806.06 Last week we saw the first month of 2024 come to a close as well as FOMC , this in my opinion contributed to the chop throughout the week with no clear direction in terms of trend. BlackRock continued to buy up BITCOIN and now hold ~ SEED_TVCODER77_ETHBTCDATA:3B worth of the asset....
Last weeks high: $42827.56 Last weeks low: $40677.38 Midpoint: $38527.20 As the first month of 2024 nears its end BITCOIN finds itself back above 40K after spending half of lasts week below the big even level. There are 3 main FVG's I have my eye on: - At the previous weeks MIDPOINT level 40.5K (1H) - The drop from 49K has left a large FVG at ...
Just a quick idea on the state of BTC going into the halving. The countdown to the next big BITCOIN event has started, THE HALVING Historically this is the event that kicks off the BULLRUN every 4 years. Mining rewards go from 6.25BTC to 3.125BTC and this gives miners a dilemma, do they hold on to their BTC they earn and only sell to cover costs, this...
A crazy previous 24 hours in the world of BITCOIN, naturally the SEC is in the spotlight again and volatility has begun. We are now on deadline day for the SEC to either approve or deny ARK Invests spot BTC ETF. It's a day that many have been waiting a long time for and has driven much of the bullish market price action from 2023. The SEC are not going down...
SEI is a project that I have a lot of interest in this bullrun. It boasts the fasted blockchain in the industry and a focus on trading. A v2 upgrade is also on the way, SEI v2 will become the first parallelized EVM blockchain. Staking incentives too with possible airdrops on the network. SEI's price has increased 250% in the last month and the chart suggests a...
Last weeks high: $43584.42 Last weeks low: $41935.80 Midpoint: $40287.19 With the BTC sell off underway post ETF approval, we start the week hovering just under the previous weeks low of 41.5k. This area is the key S/R zone in my opinion and for now it looks like BTC bulls are struggling to reclaim that level. I previously stated in the last weeks...
Last weeks high: $48987.12 Last weeks low: $45231.94 Midpoint: $41476.76 Following such a historical week with the approval of the BTC ETF's on Wednesday 10th of January. BITCOIN reached a local high of 49K, since then price has fallen towards 41.5K (15% drop). Price action this week is hard to predict as the ETF narrative has been driving BTC and crypto for...
Last weeks high: $45912.61 Last weeks low: $43426.20 Midpoint: $40939.80 It's ETF decision week! ARK invests application for a BTC ETF has a deadline of January 10th (Wednesday) to either approve or deny registration. At the end of last week we started to see much of the market prepare for this news event as altcoin liquidity moved into BTC or cash ready to be...
Last weeks high: $43821.44 Last weeks low: $42563.55 Midpoint: $41305.65 HAPPY NEW YEAR TRADERS! A new year has arrived and with it another year of price action or BITCOIN. This year the general sentiment is as strong as it has ever been with ETF's & THE HALVING events in the first half of the year alone. Last weeks price action showed a consolidation just...
ETHEREUM along with BITCOIN have both produced huge gains this year with ETH up 93.66% and BTC at 166.35%. For me ETH is at a crossroads and the positives and negatives in my opinion are as follows: POSITIVES: - The market looks strong, consolidation periods are not long in duration, and price has just broken out of a long term range. It looks like crypto...