Bitcoin miners see rewards cut, Dorsey jumps in: Bitcoin miners collected more than $100 million in revenue for the halving on April 20, the highest total ever recorded in a single day. But now miners face a drop in mining rewards that could reshape the industry. And one familiar name is jumping in. Speculators hopeful upcoming Fed meeting will leave rates...
Bitcoin's challenge with the resistance zone is evident; it's yet to muster the strength to break through. Presently, I'm anticipating a potential decline. Keep an eye on this space for updates.
Current Bitcoin ( CRYPTOCAP:BTC ) price action suggests a descending channel formation, with notable support around the $60k mark. Analysis indicates the potential formation of a descending triangle pattern, where the lower boundary aligns with the $60k support level. By projecting the triangle's peak downward, strong support zones emerge in the range of ...
BTC / USDT After the massive drop of market in 13th april The market turned to be range market with slightly bearish in short term However in med - long term i still see it very bullish specially after the halving event that occurred 4 days ago In the coming days/ weeks we can see BTC is testing 60k zone multiple times with some fakouts here and there...
Why Coinbase Could Soar to $260 Post-Earnings Coinbase, the renowned cryptocurrency exchange platform, has been making headlines with its impressive financial performance. As we approach the next earnings release, there’s a palpable buzz around the possibility of the stock price hitting the $260 mark. Here are some compelling reasons why this could become a...
Bitcoin is following my previous-halving plan. I think that from now on, we should look for long trades only (excluding some scalp trade). Actually, i starting to enter long targeting new ATH, especially if the short term support zone at $65.000/65.300 will hold.
Rune is completing another big reacumulation wyckoff scheme Recent movement made a structure break on 1 hour interval after grabing some liquidity lows and touching 1 week imbalance. Pretty BULLISH for me
The $59000-$61.000 range is a very good entry area before halving, but this price depends on Bitcoin Price Action (BTC) and depending on news from the war taking place in the Middle East. Here are some factors to consider: 1. BTC price action: Keep an eye on BTC price action. If BTC starts to drop, then MANTA is likely to follow. 2. Volume: Look for increased...
Hi dears, i thinking that BTC pulled back pretty enough after strong sell, and i expected that from here around 65000, maybe with another leg up to 66200 we will gona drop again. I assume 58000-58500 can be good point to check situation for closing short for another bounce up and looking for another short entry after bounce back. I still believe that swing term...
Trading Setup: There is a Trading Signal to Sell in BTCUSDT Bitcoin (15m) (Futures) Traders can open their Sell Trades NOW ⬇️ Sell now or sell on 63898.7 ⭕️SL @ 64680.0 🔵TP1 @ 61570.0 🔵TP2 @ 59600.0 🔵TP3 @ 55550.0 What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
The recent sideways movement in the Bitcoin market has many investors wondering when the next bull run will begin. Blockchain intelligence firm Santiment suggests a specific metric to watch: the Mean Dollar Invested Age (MDIA). Understanding MDIA: The MDIA tracks the average age of investments in Bitcoin held within the same wallet addresses. When the MDIA...
Simple channels have formed, while volume is down, we are in a short term correction and looking at good buy points to take long.
Bitcoin has lately experienced a “winding down” of the bullish vibes in the market, so it makes me think it’s the type of feeling you get right before a big move. Because of how the indicators are positioned, and how bullish and cautionless the market currently is, I expect it to dump to new lows. As shown in the chart, we're in a bullish parallel channel, and I...
Bitcoin (BTC) is currently witnessing heightened demand, particularly within the price range of $60,200 to $64,800, indicating a zone where significant institutional investors, commonly referred to as whales, are injecting substantial capital. This influx of large orders suggests a bullish sentiment among these influential investors, which in turn signals...
Bitcoin has been on the rise, and I would like to share my Master Fib. This angled fibonacci structure encompasses the entirety of Bitcoin's history and can be used to help discover price action patterns, facilitating future trade decisions. The chart can be useful on both logarithmic and linear price scales. This idea highlights the fib structure on the log...
Since the beginning of this analysis, I have focused on the contents of the triangle pattern but what happens if this pattern breaks out? Where is the target? On this occasion I will illustrate using a daily timeframe. In this analysis, I deliberately started from major support. This support is the strongest support for BTC, and if this triangle pattern breaks...
Bitcoin will go a little lower until next week, then start to rocket again since USDJPY will be capitulating and that will force inflation to resurface. Inflation also means excess liquidity which is what bitcoin is, and is highly correlated to the nasdaq. I give it till summer when the BOJ pulls the plug and the FED is forced to hike rates again. This will force...
Where is bitcoin going after the pullback after the coin hit the all time high? are we still going to hit the all time high or what?