December 17 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 4.15% over the last 24 hours and fell to an intraday low of $16,528.49. The largest cryptocurrency turned down and broke below the 20-day EMA of $17,095 on Thursday, suggesting that the sentiment turned negative and the bears were selling the relief rallies. The 20-day EMA has started to turn down and the RSI has dipped below 43, indicating that bears are in command. If the price sustains below the 20-day EMA ($17,095), it could decline to $16,000.
Today’s Cryptocurrency Headline
Basel Committee to Enforce Standard on Banks’ Exposure to Crypto in 2025
The Basel Committee on Banking Supervision (BCBS) has approved its global crypto banking rules, which will come into force on January 1, 2025, according to a statement Friday. The BCBS, the main global standard-setter for prudential regulation of banks, recommends that banks should have no more than 2% exposure to certain crypto assets, and usually less than 1%. These particular assets are tokenized traditional assets including non-fungible tokens, stablecoins and unbacked crypto assets that don't meet classification conditions.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
Bingx
December15 Bitcoin Bybit chart analysis
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It’s BitcoinGuide.
Don’t forget to
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Only 30 Min chart ,
In real time, you can check major sections and move,
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 15.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the Bitcoin 30-minute chart.
If you keep your current position on NASDAQ until 8:00,
It can be finished with a right-hand sidewalk.
Today, a guest came to my house, so I'll briefly summarize it.
*The arrow movement path is a one-way long position strategy.
The 5-minute trend reversal is in progress/stop loss is the green support line.
Follow the Nasdaq or if there is an upward wave,
Please pay attention to the light blue finger section at the bottom.
My analysis is simply for reference and use only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 16 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.73% over the last 24 hours and fell to an intraday low of $17,275.51. Bitcoin is trending downwards after reaching a one-month high of $18,387 around the latest macroeconomic data and policy update from the United States, suggesting investors are worried about the future outlook of the U.S. economy. The relative strength index (RSI) is near the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair drops below the 20-day EMA ($17,215), it could fall into the $16,500 - $17,000 zone again.
Today’s Cryptocurrency Headline
Ren DAO to Vote on Plan to Mint New Funding Tokens
The Ren community, which oversees a DeFi protocol that issues wrapped crypto assets, is considering the minting of new tokens to raise capital after the collapse of Alameda Research left the project without access to its funds. The proposal proposes four options for minting amounts, including 50 million, 100 million, 150 million or 200 million REN tokens, and a fifth option to reject the entire plan. At the current token price, Ren could raise from $4 million and $17 million. As previously reported, Ren stated that due to the bankruptcy of Alameda Research, the funds provided to the Ren development team will only last until the fourth quarter. Ren is negotiating with investors to continue to promote development and plans to launch Ren 2.0 earlier than expected.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 15 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
The U.S. Federal Reserve raised interest rates by half a percentage point on Wednesday and projected at least an additional 0.75 percent of increases in borrowing costs by the end of 2023. Bitcoin is down 0.39% over the last 24 hours and fell to an intraday low of $17,565.00. The largest cryptocurrency rose above the $18,000 price level today, but the bulls are not able to hold the price above it, suggesting the sellers remain active at a higher level and investors are worried about the future outlook of the U.S. economy. If the BTC/USDT pair remains above the 20-day MA, the bulls will attempt to push the price above the $18,000 price level.
Today’s Cryptocurrency Headline
PayPal Partners With MetaMask to Offer Easy Way to Buy Crypto
According to a press release, PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet. Users will be able to choose to use their PayPal account to purchase Ethereum (ETH) within the MetaMask app while simplifying the process of transferring ETH from PayPal to MetaMask. Select U.S. customers can access the new offering beginning today as PayPal works to roll out the service to the rest of its U.S. customers over the next few weeks.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December14 Bitcoin Bybit chart analysis
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I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 14.
Bitcoin 4 hour chart.
On Nasdaq, first in the main section after the downside touch
The MACD Deadcross is in progress.
In today's interest rate announcement,
It is the center that can go up, down, and even sideways.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
We played aggressively on the light blue finger movement path.
It was substituted into the Nasdaq movement as it is.
#green support line upside down
# It would be nice to see the sky blue support line in a right-and-down direction.
I aggressively focused on the light blue finger path.
Light blue finger movement path
long position strategy
In the first wave,
Autonomous operation of short position / stop loss when the red resistance line is broken
1. 17787.5 dollars long position entry section / stop loss when breaking the light blue support line / target price is 18299 dollars.
Depending on the Nasdaq movement and interest rate announcement, target the maximum top section
In case of unfavorable interest rate announcement,
Pay attention to the light blue support line and green arrow at 17442.5 at the bottom.
Today, I focused on whether or not to break the light blue support line.
In the case of a long-term trend, depending on whether the light blue support line breaks
You might want to continue taking the trend.
If you deviate to the deep blue section, you may be a bit golfy because the pattern will be broken from tomorrow.
Please note
In general, interest rate announcements rose together with the Nasdaq, so
If it does not exceed today's estimate of 4.5%, I think it will end moderately upward.
Looking at the contents of the presentation,
I don't change my expectations.
I don't think there is a need to raise interest rates further in the US.
Even if bad news came out anyway, because the calculation was carried out to the Bottom section
I'll predict the good news / 3.75% for fun.
If bad news comes out, depending on the situation of Bitcoin Nasdaq
Fire can be difficult this month.
Here is my analysis so far
Please note, use only
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 14 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to the U.S. Bureau of Labor Statistics, U.S. inflation rose 7.1% versus the expectations of 7.3%. Core inflation, which excludes more volatile food and fuel costs, increased 6% versus expectations of 6.2%. Bitcoin is up 3.7% over the last 24 hours and rose to an intraday high of $18,000.00. The largest cryptocurrency hit new one-month highs on Dec. 13 as markets responded to U.S. inflation data with optimism. The relative strength index (RSI) is above 50, suggesting the bulls are dominating the market. If the outcome of the FOMC meeting is better-than-expected, the BTC/USDT pair could rise to the 50-day MA ($18,711).
Today’s Cryptocurrency Headline
Judge Approves Galaxy Digital's Deal to Acquire GK8
Judge Martin Glenn has approved the sale of cryptocurrency self-custody platform GK8 to Galaxy Digital, according to a court order issued on Tuesday. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said earlier that the price was materially less than what Celsius paid for it a year ago. About 40 people will join Galaxy's team, including blockchain engineers and cryptographers.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December13 Bitcoin Bybit chart analysis
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“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
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If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 13.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
Uptrend, pattern alive, no red flags
The Nasdaq is also in a good mood.
It's good if good news comes out,
If bad news comes out, I think you can operate it as a stop loss when breaking the green support line.
There may be sideways protection, but I entered aggressively, believing in a stop loss.
I'm opening my mouth below
You may miss the entry point.
Aggressively pursued long entry.
Is it necessary to be frightened by a movement that didn't happen beforehand?
I have a hand loss.
In the end it goes according to the chart.
*At the red arrow path
Long -> Short -> Long Switching Strategy
I think it would be nice to operate the middle wave individually.
1. $17386.5 chasing long position / stop loss when breaking the green support line
A suitable resistance line has not yet been created.
If you fail to break through the orange resistance line, the Bottom is open.
please note.
Please pay attention to the Nasdaq 10:30 indicator announcement.
In the case of the CPI, it is an important indicator that the trend may change.
I only look at charts
CPI, which had only bad news for a year, got its first good news on November 10th.
Personally, I think there is a high possibility that good news will come out today under various conditions.
In the interest rate decision tomorrow
Why did Russia and Ukraine benefit from the war?
Should the US raise interest rates more? I would like to.
If the Nasdaq low is broken, a long-term downtrend may proceed.
I think the whole world, including Korea, is on the way to ruin.
Of course, after the bad news today, the adjustment came out once
There is a possibility of a joke.
By the way, as explained at the top, there is a stop loss, but what's the problem?
Only those who deserve to eat can make money.
Beginners can see the situation from Thursday and operate it.
Please note that my analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
GoodLuck for the year-end fire.
December12 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 12.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30 minute chart.
It is a one-way long position strategy.
According to the real-time strategy
Pink parallel lines/ Orange parallel lines have been partially changed.
The Nasdaq proceeded according to a moderate upward trend.
It is an upward-sloping strategy to the Gap retracement at the top.
When the purple support line breaks, it is not good because the bottom section of this week's main peak is broken.
*At the red arrow path
long position strategy
Because it can be raised without adjustment
It would be good to try to re-enter after taking a long position.
*$16943.5 entry into long position / $17118 gap retracement short / until $16995.5 long switching
It would be nice to operate the stop loss based on the light blue support line breakaway standard.
The higher you raise the CPI as much as possible tomorrow, the better.
Be prepared for the worst case scenario, so keep that in mind.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December 9 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 9.
Bitcoin 4 hour chart.
I left today's approximate top price and bottom price.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
The strategy followed the Nasdaq movement.
*In arrow movement path
1. Entry into long position at $17171 / stop loss when breaking the green support line
The final target is $17,781
If you fail to break through the pink resistance line/orange resistance line
It can be connected to the Bottom at the bottom
Please pay attention to the Nasdaq movement.
sidewalk
It can close within the dark blue resistance/green support line.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
Elrond vs Tether | Up To 70% Potential Mapped (Early 4U)Hello my fellow cryptocurrency trader, I wanted to share a few charts for you before going back to meditation.
We looked at EGLDBTC but also the Tether pair, EGLDUSDT, is showing growth potential.
We are looking at short-term potential and conservative targets but keep in mind that there can always be more than what is mapped on these charts.
Cryptocurrencies, Altcoins, grow wild and strong.
There is high volatility but being conservative you can't go wrong.
My job is to give you a great entry.
My job is to call your attention to these pairs BEFORE they breakout.
If you manage to buy before the action starts, the rest becomes easy... You can just sell on the way up.
Once in the green, you've won.
Buy early and hold... Let the market take care of the rest.
Thank you always for your continued support.
Namaste.
December 9 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Coinglass, the negative premium rate of the Grayscale Bitcoin Trust (GBTC) expanded to 47.2%, a record low. Bitcoin is up 2.11% over the last 24 hours and rose to an intraday high of $17,300.00. The largest cryptocurrency break above the 20-day EMA ($16,983) today, suggests that the bearish momentum may be weakening. Neither the bulls nor the bears are clearly in the lead based on the flattish moving averages and the RSI near the midpoint. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622.
Today’s Cryptocurrency Headline
SEC Requires Companies to Disclose Cryptocurrency Exposure
The U.S. Securities and Exchange Commission (SEC) requires public companies to disclose whether they have exposure to crypto assets, including whether they do business with any crypto-related companies. Firms must disclose if they have direct or indirect relations with companies that have filed for bankruptcy, experienced excessive redemptions or withdrawals of crypto assets, maintain unaccounted crypto assets of customers and experienced corporate compliance failures. In addition, companies must describe how the bankruptcies of certain firms affected their businesses and that the company must take safeguards to protect its customers' crypto assets.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 8 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 8.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
The 30-minute chart arrow path is a one-way long position strategy.
In the case of Nasdaq,
Because it is a rebound after touching the support line on the daily Bollinger Band chart yesterday.
There may be minimal rebound.
Golden crosses are also under way for major MACDs.
The indicator announcement at 10:30 is a variable.
It's not an important indicator, so it doesn't look like it's going to trend in the end.
Today, especially, it is more difficult to analyze recently because it is more horizontal.
The Nasdaq should rebound as much as possible this week
Bitcoin can expect up to 30K until next week's CPI and interest rate announcement.
# Small convergence section Purple support line / Pink support line In the convergence section
#Orange resistance line / green support line to the sideways section
In case of today's beat, if it goes down to the Bottom
Please note that it can be linked up to the 12 + day pattern.
Currently, the 12-hour Bollinger Band support line is rising.
Please pay attention to the Nasdaq movement.
*At the red arrow path
long position strategy
1. Entry into long position at $16822 / stop loss when breaking the green support line
$17039.5 long position target
Because there is little variation between
I reached the green support line, which was losing money, with plenty of time.
In the case of a right-down sidewalk, a light blue finger is displayed at the bottom.
Since the downside is open from below the green support line to near the Bottom
It would be nice if you could refer to it.
A minimal rebound on the NASDAQ today
After tomorrow, I couldn't break through
If you succeed in rebounding to near the black resistance line,
Because this month is not long
Result of analysis with technical indicators
Bitcoin has a target of up to 30K
If the sidewalk is long, it is thought to be a goal of about 24K.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 8 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin is down 1.30% over the last 24 hours and fell to an intraday low of $16,666.66. The largest cryptocurrency drops below the 20-day EMA today, suggesting the bears remain active. If the price stays below the 20-day EMA for another few days, that could mean the bulls lose the short-term advantage and the price could remain stuck between $15,476 and $17,000 for a few more days.
Today’s Cryptocurrency Headline
Genesis Withdrawal Freeze Has No Imminent Solutions
Genesis' interim CEO, Derar Islim, said in a letter to clients on Wednesday that it could take weeks, not days, to resolve the freeze on withdrawals in the company's lending unit. The lending arm of Genesis in November was forced to suspend redemptions following the collapse of crypto exchange FTX. Genesis has since been trying to raise capital and/or reach an agreement with creditors. The brokerage also hired investment bank Moelis & Company to explore other options. In the letter, Islim also said Genesis was committed to being "as transparent as possible" with clients and was consulting with experienced advisors and working closely with its parent company, DCG. Genesis' other businesses, including trading and custody services, remain fully operational.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 7 Bitcoin Bybit chart analysis
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“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 7.
Bitcoin 4 hour chart.
There is no significant change from the drawing area left in the morning,
Focused on the Nasdaq movement.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
Bitcoin 30 minute chart, arrow one way long position strategy.
Nasdaq today has no important indicators announced,
Depending on the conditions, it becomes a major rebound section.
In the case of bits, when coupled with Nasdaq,
Touch the support line already in the rising pattern (6 +12 )
If you do not touch only the green support line, it becomes a condition that can rise strongly.
The 12-hour chart MACD dead cross is pushing
If the Nasdaq does not drop down to the right until dawn
Because it is a condition for a strong rebound,
12-hour chart MACD dead cross ignored, stop loss and aggressive operation.
*At the red arrow path
long position strategy
1. Entry into long position at $16803 / stop loss when breaking the green support line
The final target is according to the Nasdaq movement
The top price is $17303.5 in case of a strong rebound.
Even if there is a sideways or further correction today
As long as the green support line is not touched, the uptrend pattern is not broken.
Good moves can continue after tomorrow.
In the case of NASDAQ, if the bottom section of the previous low is broken again
Maybe the whole world is ruined.
now i have to upload it
In the United States, we will not necessarily let the Nasdaq fall.
Even if there is a sideways movement this week, don't be discouraged
Check the CPI on the 13th and the interest rate announcement on the 14th
It's good to look long.
Instead, if you upload it in advance, a better movement will come out as of December, right?
Please, I ask that you simply refer to and use my analysis.
Set your own standards
I hope you operate safely with principle trading / stop loss essential
thank you.
December 7 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
Bitcoin price is almost flat over the last 24 hours. The largest cryptocurrency has been trading near the 20-day EMA ($16,983) for the past 5 days, indicating the bulls and bears are battling for supremacy. Neither the bulls nor the bears are clearly in the lead based on the flattish moving averages and the RSI near the midpoint. If the price drops below the 20-day EMA ($16,983), the BTC/USDT pair could remain range-bound between $16,000 and $17,000 for a few days.
Today’s Cryptocurrency Headline
Sui Network will Launch Wave 2 Testnet Early Next Year
The Layer1 public chain Sui Network stated on its official website that the Wave 2 testnet will be launched in early 2023, focusing on epoch management, tokenomics, and stake delegation. In addition, it also conducted a review of Sui Testnet Wave 1, which had just finished running, stating that during the operation of Sui Testnet Wave 1, network tests such as Genesis, Monitoring, Communication, Mitigation, and Updates were completed successively.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December6 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 6.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the red support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
30-minute chart light blue finger movement path, one-way long position strategy.
Overall, it's a long-awaited strategy.
Nasdaq no important indicator announcement,
Up to now, because of the strong adjustment section and thick yang luck in the main section
If you do well, you will be able to rise strongly like last time.
#In the case of a beat, yesterday without a big adjustment, I was walking right and down
Because there was no touch in the danger zone (the last touch zone is the support line of the 1-hour chart)
#If the purple support line is maintained without breaking, it is best for a long position / maximum top price target
Note to those who are maintaining existing long positions.
#If there is a vertical decline and a strong correction on the NASDAQ
As it couples, Bitcoin could fall all the way to the bottom.
(Check if the pink resistance line is broken)
I proceeded with an upward rebound strategy in the 6 + 12 uptrend recovery pattern.
*In light blue finger movement path
long position strategy
1. Entry into long position at $16784.5 / Stop loss when breaking the red support line
The final target is 17350.5 blocks
The main contents have been described above.
My analysis is for reference only.
I hope you operate safely with principle trading / stop loss essential
thank you.
December5 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 5.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed
centered around the purple support line
Red upward / sky blue downward movement path check
The gap section at the bottom is 17016 dollars.
I created today's trading strategy.
The 30-minute chart is a light blue finger one-way neutral strategy.
The Bitcoin situation is very favorable for long positions,
Under various conditions, the Nasdaq is likely to move sideways.
Just like Brazil today
I think it will be an uphill battle for Bitcoin as well.
I bet on the Gap retracement section at the bottom and the indicator announcement at 12:00.
I think there will be some controversy
I checked the area pushing up to the light blue support line.
Please note
*In light blue finger movement path
Short -> Long Switching Strategy
1. Short position at $17282.5 / stop loss when orange resistance line is broken
2. $17019.5 long position switching / stop loss when breaking the light blue support line
$17518 long position target
If you succeed in your strategy today, get good vibes
With a 2% win rate expected by gamblers
I hope that Korea can beat Brazil.
My analysis is for reference only.
Please operate safely as principle trading / stop loss is essential.
Korea soccer fighting! Quarterfinals Kazuah~
Thanks for reading.
December 5 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to Glassnode, the number of addresses holding more than 100 ETH reached a 20-month high of 47,459. Bitcoin is up 1.7% over the last 24 hours and rose to an intraday high of $17,305.58. The largest cryptocurrency has been trading near its 20-day exponential moving average ($16,995) during the weekend, and broke above the 20-day EMA ($16,995) on Monday morning, suggesting the buyers are attempting a comeback. If buyers maintain the price above the current level, the BTC/USDT pair could rise to $17,622.
Today’s Cryptocurrency Headline
Opera to Add NFT Creation Tool to Browser in Early 2023
Opera will roll out an NFT creation tool next January. Created by cloud-based ecosystems company Alteon and integrated into Opera's crypto browser, the launchpad will give users an easy, no-code way to create NFTs and review simplified properties of their smart contracts. According to previous news, Opera announced the launch of the NFT analysis and browser tool "DegenKnows" in November, which allows users to discover and analyze NFT projects using on-chain and off-chain data.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December2 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December 2.
Bitcoin 4 hour chart.
Today's approximate top price and bottom price are displayed.
around the green support line.
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a one-way long position strategy on the 30-minute chart.
I proceeded as it was in accordance with the Nasdaq movement.
The Nasdaq trend looks good,
Tether dominance collapse condition / 30 minutes -> 1 hour chart A section that can be connected to the upward trend if only a thin sound is broken
Currently, it's a slight, downtrend.
Up to the green support line, it is a safe support line.
as it was left
* $16942.5 long position entry section / stop loss when breaking the green support line
Final target is $17566.5 / Weekend target is $18069.5
Please pay attention to the most important Nasdaq movement.
Maybe it's because of various things, but today seems to be a particularly difficult day to be active.
Good luck cheering for soccer
Have a good weekend
thank you.
December 3 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to the U.S. Labor Department, nonfarm payrolls increased by 263,000 jobs last month compared with economist expectations for 200,000 jobs. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $17,159.48. The 20-day EMA has flattened out and the relative strength index (RSI) is just below the midpoint, indicating a balance between supply and demand. If the BTC/USDT pair maintains above the 20-day EMA ($16,961), the pair could rise to $17,200.
Today’s Cryptocurrency Headline
Galaxy Digital Wins Auction to Buy GK8 From Celsius
Galaxy Digital, the cryptocurrency financial services firm founded by billionaire Michael Novogratz, has won the auction of GK8, the self-custodial platform from bankrupt crypto lender Celsius Network. Terms of the deal were not disclosed, but Galaxy spokesman Michael Wursthorn said the price was materially less than what Celsius paid a year ago. Celsius acquired GK8 in November 2021 for $115 million.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December 2 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to research firm CryptoCompare, crypto-fund asset managers Grayscale, CoinShares and others saw investors withdraw $19.6 billion in November. Bitcoin is down 0.27% over the last 24 hours and fell to an intraday low of $16,845.86. The cryptocurrency market has been suffering extremely low volatility and a lack of demand since the FTX crisis, and Bitcoin price appears to be consolidating between $15K and $17K, and its long-term trajectory will be determined by a breakout in either direction.
Today’s Cryptocurrency Headline
TP ICAP Gains UK Crypto License
TP ICAP, the world’s largest interdealer-broker, has registered with the UK Financial Services Authority as a digital asset provider. The company is partnering with custodian Fidelity Digital Assets to provide a platform to match orders and execute spot cryptocurrency trades and try to break into the cryptocurrency world with its Fusion digital asset marketplace.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.
December1 Bitcoin Bybit chart analysis
Hello.
“Make it simple, make profit”
It’s BitcoinGuide.
It's been a while.
Due to an unfortunate incident, I was suspended for 3 days.
Don’t forget to
“Follow” me and press “Likes”.
If you "follow" press,
Only 30 Min chart ,
In real time, you can check major sections and move,
Real-time "update I dea" can be checked.
I will begin BTCUSD Bybit Bitcoin Chart Analysis for December1.
Bitcoin 4 hour chart.
Today's approximate Top Price and Bottom Price are displayed.
centered around the purple support line
Red upward / sky blue downward movement path check
I created today's trading strategy.
This is a 30-minute chart one-way / sky blue finger long position strategy.
Bitcoin's pattern is faster than Nasdaq.
Because the 2-hour chart MACD dead cross is in progress
Vertical rise is difficult, in case of coupling with Nasdaq
I bet on a moderately upward slope.
When holding at the purple support line, the top price is the target
sky blue support extreme crosswalk
The bottom section of the deep wave support line is downward to the right.
*In light blue finger movement path
One-way long position strategy
1. Entry into long position at $16862.5 / Stop loss when breaking the light blue support line
$17724.5 long position target / can finish near the light blue and green resistance lines if the strength is insufficient.
Those who are still in the long-term trend
I think it would be good to operate with major altcoins in the spot exchange.
Even those entering
Nasdaq movement is the most important
Please operate safely while maintaining stop loss at the main support line.
There is one indicator announcement at 10:30 / 12:00,
It doesn't seem that important, so I ended up with a moderate amount of sidebar.
I hope you operate safely with principle trading / stop loss essential.
thank you.
December 1 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CNBC, Federal Reserve Chairman Jerome Powell confirmed Wednesday that smaller interest rate increases are likely ahead and could start in December. Bitcoin is up 0.27% over the last 24 hours and rose to an intraday high of $17,245.88. The largest cryptocurrency rose above $17,000 price level after Jerome Powell’s comment on the interest rate. The U.S. Labor Department will publish nonfarm payrolls report on Dec. 2 and the U.S. Consumer Price Index data on Dec. 13. If those economic data are better-than-expected, the Fed is likely to change their hawkish interest rate policy during the next FOMC meeting. And this could be the first pivot moment for the crypto winter.
Today’s Cryptocurrency Headline
TON Foundation Launches $126 million Rescue Fund
The TON Foundation has set up a “rescue fund,” committing $126 million to support projects experiencing liquidity problems due to the FTX fallout. Unlike Binance’s $2 billion recovery fund, the goal of the TON Rescue Fund is not to buy distressed assets, but to attract projects to migrate to TON. The fund is backed by DWF Labs, Darley Technologies, Hexa Capital and TONcoin Fund Ecosystem Partners. The TON blockchain was developed by messaging app Telegram but was dropped after being sued by the U.S. Securities and Exchange Commission (SEC) in August 2020. The developers of the ecosystem then formed the TON Foundation to keep the project alive.
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article.