$337 Million+ Of Bitcoin Moved Last 24hr,See Transactions WithinBitcoin ‘GOLD 2.0’ Overview: Below 10k we’ve fallen. As per the chart the upward channel is holding price. Price could test the 9600-9500 region as support before a bounce. The 10k zone may cause some consolidation action if price stays at the same levels. Today’s point of interest is the amount of large transactions over the Blockchain from Exchanges to Unknown wallets and Unknown Wallets to Unknown wallets. This volume has picked up significantly and could add some fundamentals to the drop in prices. Volume had a +5mill increased across exchanges, however a lot of BTC was moved in large amounts (this could also be the exchanges them selves and large OTC Desks 😉). It’s good to keep an eye on this and Bitcoin hitting 10k was a catalyst for some big players to potential move funds. Be aware of this in the future traders. This is exciting to see the amount being transferred once again. Nostalgia
Support Levels: 9500 Shows the next major support level on the daily chart
Resistance Levels: 10,000 next level of resistance
Channel of Interest (marked with the yellow channel box) Channel is holding anew could see price test the 9600 mark.
🐃Bulls Verse Bears🐻
Bullish above 10500
Bearish below 6500
Bitcoin to Date:
Overall
Approximate Bitcoin Dominance: 63.3%
Approximate Bitcoin in Circulation: 18,210,800 BTC
Approximate Bitcoin Left to Mine: 2,789,200 BTC
Road to 21,000,000 Bitcoin Mined: 86.72%
Approximate Days Until Halving: 90-92 Days
Daily
Current Price: $9751.09 USD
Daily Change %: -1.01%
Market Cap: $177,569,868,640.00 USD
24 Hour Volume: $39,300,285,707 USD
Population of the World: ~ 7,763,599,300+ humans
Bitcoin/World Population: ~ 0.002345664593998 Satoshi’s / $22.87 USD per person
“The key is to develop a case where the probabilities of the market going in your favour is greater than it going against you.”― Adam Harris
GOLD: $1,573.01 USD +4.51 +0.29% Gold has risen $4.50 USD within the day.
Biggest Bitcoin Transactions of the Day
🐋 656 Bitcoin ($6,590,713 USD) transferred from Coinbase ➡️ OKEx
🚨15,000 Bitcoin ($151,708,762 USD) transferred from unknown wallet ➡️ unknown wallet
🚨1,000 Bitcoin ($10,002,733 USD) transferred from Binance ➡️ unknown wallet
🐋 2,500 Bitcoin ($24,872,537 USD) transferred from unknown wallet ➡️ Bitfinex
🚨2,789 Bitcoin ($27,758,935 USD) transferred from Bitfinex ➡️ unknown wallet
🐋 500 Bitcoin ($4,967,983 USD) transferred from Huobi ➡️ unknown wallet
🐋 500 Bitcoin ($4,987,254 USD) transferred from unknown wallet ➡️ OKEx
🚨2,000 Bitcoin ($19,728,181 USD) transferred from OKEx ➡️ unknown wallet
🐋 1,000 Bitcoin ($9,863,554 USD) transferred from Bitstamp ➡️ unknown wallet
🐋 751 Bitcoin ($7,395,740 USD) transferred from OKEx ➡️ unknown wallet
🚨1,069 Bitcoin ($10,529,479 USD) transferred from unknown wallet ➡️ Binance
🐋 501 Bitcoin ($4,913,627 USD) transferred from OKEx ➡️ unknown wallet
🐋 900 Bitcoin ($8,910,957 USD) transferred from Binance ➡️ unknown wallet
🐋 551 Bitcoin ($5,420,338 USD) transferred from unknown wallet ➡️ Bitstamp
🐋 710 Bitcoin ($6,984,471 USD) transferred from unknown wallet ➡️ Coinbase
🐋 708 Bitcoin ($6,966,731 USD) transferred from unknown wallet ➡️ Coinbase
🐋 700 Bitcoin ($6,881,833 USD) transferred from unknown wallet ➡️ Coinbase
🐋 501 Bitcoin ($4,905,479 USD) transferred from OKEx ➡️ unknown wallet
🐋 1,015 Bitcoin ($9,946,865 USD) transferred from unknown wallet ➡️ Binance
🐋 1,013 Bitcoin ($9,967,608 USD) transferred from Binance ➡️ unknown wallet
🐋 573 Bitcoin ($5,663,779 USD) transferred from unknown wallet ➡️ Coinbase
🐋 571 Bitcoin ($5,626,170 USD) transferred from Binance ➡️ unknown wallet
🚨 1,100 Bitcoin ($10,706,955 USD) transferred from Coinbase ➡️ unknown wallet
Total Bitcoin = 36,608 BTC Transferred
USD Amount = $337,541,749 USD
Bitcoin-trading
Be aware of this formation - It can bring bitcoin to 16600 USD! _______________________________________________________________________________________________________________________________________
Hello dear traders, investors, and community the cryptocurrency market is trading in exciting times right now as I showed already in recent analysis.
In my last observations according to bitcoins price movement, I found some important indicators which when confirmed can shoot bitcoin to 16600.
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Lets get right to the analysis which you see right now, we are looking at the daily chart and as you can see there is a massive inverted head and
shoulder formation marked in green. We are just about to form the possible right shoulder the next days and weeks.
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As bitcoin is facing resitance above at 10150 to 10300 I am expecting a correction when not a heavier down move to lower levels but dont panic, this
down-move could confirm the right shoulder which is needed to confirm this massive big head and shoulder formation.
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The percentage amplitude shows the target will be 16600 when the inverted head and shoulder formation confirmed.
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We saw a smaller inverted head and shoulder formation on the local chart picture which already confirmed to the upside.
The big inverted head and shoulder is looking similar to the small one.
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We need to watch for the price movement coming up the next days and weeks for a confirmation of the inverted head and shoulders formation shown
in my analysis. A possible LONG opportunity is given at least when the formation confirmed.
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Thanks, everybody who found this analysis useful, support with a like and follow for more market insight! ;)
All the best and good trading profits my friends!
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Bitcoin - Sound MoneyI already made a projection after bitcoin fell from 10.000 to 6.900 this is no coming back DeFi is being insanely pushed into existence.
Crypto News:
Bakkt Loyalty / Consumers Wallet (Trillion Dollar potential expansion - CME/ICE)
Defi ( 1B USD worth of ETH Locked) + POS rollout 2020-2021\
Futures Contracts Rollout
Traditional News
Corona Virus Outbreak effecting Trade - Apple, Agriculture, Tech,
Copper Slumped
Inflation 2%
Interest Rates Unch (we can go Negative)
210T Global Debt
Gold Manipulation/fools gold in the supply chain
Outcome
Civil Unrest
Fomo into Bitcoin
Altseason
hyperbitcoinization
central bank stable coins
Digital Yuan
TROY/BTC 22% profit within 3 Days and achieved TP1TROY/BTC bullish mode and after breakout it achieved our First Target 61 Satoshi.
now short term trader secure your profit.
I can expect more upside move in coming days because chart still looking bullish.
Support :55 Satoshi
Resistance : 78/98 Satoshi.
Resistance = Targets
Please like and follow me guys for latest Crypto updates.
Thank you
Bitcoin BTCUSD Now Bearish Mode My Target $8710BTCUSD now Current Price is $9370.
Whats Say TA:
According To Technical Analysis BTCUSD now Suffering At Resistance Level.
New Resistance Level Is $9450-$9500.
So if We can't break This Resistance then We can see again At Support Level at $8710.
Support is Very good at this Price.
I also opened long at this support if price drop.
4 hours MACD also Bearish.
Support: $8710/$8205
Resistance : $9500/$9800
if breakout $9500 then Ready for Next leg upward side.
After above breakout My Target Will be $9800/$11900.
Please like and Follow me guys for latest Crypto Updates.
ETHUSD Looking Bearish in Short Term#ETHUSD Short Update (4Hours):
#ETHUSD 4 hours Chart bearish.
But long Term Super Bullish.
I Placed buy bid at every Support.
if you short then Stop Loss Must be $173.55.
I am Buying #ETHEREUM every dip.
Strong Support $158-$160.
Strong Resistance: $174
if We breakout $174 Resistance level then We can see next move leg upside.
And Target would be $194/$230.
Please like and follow me guys for each and every updates of Cryptocurrency.
Bitcoin Bullish Update and Again Targets achieved#BTCUSD Chart Update:
#BTC Now again Above $9000.
After Breakout All Resistance Now We are above 200MA Resistance.
If we hold Daily candle above 200MA then Our Next Stop would be $9800.
#IamBullish
support: $8712
Resistance: $9268
Please like and follow me guys
BTC Elliotte Wave Bullish Update#BTCUSD Update:
#BTC finally Completed 1,2,3 wave and now 4th Retracement Wave working
We can expect $7949-$8055
and We can expect $9915 from 5th Wave.
Support: $8200
Resistance: $8500
Overall #Bullish
If Daily Candle close above $8500 then We can see $8900.
If close bellow $8500 then we can see $7949-$8055.
Keep an eye on each and every update.
BITCOIN | Waiting For a Trendline Retest!Hi,
As I predicted on my 14. January idea post, the ~$9,000 was strong resistance and the price fell pretty sharply. The price action drew a bit too powerful Evening Star to make a "short" entry afterward but good for them who managed to take a risky sell (without a candlestick confirmation).
Actually, I don't like this too-powerful-4H-candle because usually, price want's to fill those clean pushes before it falls again but hopefully, the Bitcoin price want's to fill it after the mentioned trendline retest.
After the 19. Jan. push downwards from $9,200, the price has been stable and small moves upwards have found resistance from the Fibonacci retracement level 38%. This 38% resistance works perfectly if the movement is full of momentum and at the moment looks like the price action offers it - we have the Evening Star, we have the momentum.
To be said, my eyes are ONLY pointed to the green area , a possible buying area. To me, this is the only high-probability trading area, I don't want to trade those shown red arrows, break below the minor blue dotted trendline. It is weak and it gives just a small confirmation that the price may finally reach the possible buying area. The minor trendline break should be taken as an alert: "Possibly, we start to heading into the green box."
To be even more specific, the buying area is active until the price hasn't reached above the 9k and it has to fall within a few days (max 3).
The buying area $8,000 - $8,300 consists of:
1) The trendline retest! The trendline is pulled from 2019 high, last week the price made a breakout and there is a high chance that this trendline works perfectly as a support level.
2) The orange strong horizontal area. It has several historical rejections plus only strong and powerful candles have managed to make a breakthrough.
3) 3x Fibonacci retracement levels should act as support levels. 2x 38% and 1x 62%, pulled from different waves since the bottom of 2019 December.
4) 4H EMA 100&200 are around the marked buying area to add strength to the support level.
5) Daily EMA's are lined up perfectly to work as strong support - EMA50,100,200 are nicely inside and around the green box!
6) If the price reaches as low as $8,000, then it should act also as a support level.
7) Wait for a smaller timeframe rejection from the green box and as always, wait for a bullish candlestick pattern formation on 1H+timeframes to get more secure trade.
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
Bitcoin Exclusive Update Bearish Engulfing Pattern so $8300..?Bitcoin Current Price is $8800.
Overview: We told you about long BTC at $7600 and $8000.
Now you all are in huge profit.
Our Three Target has been successfully Achieved.
So Congrtas for profit.
Now What TA Says:
According to TA now We can See Bearish Engulfing in 8 hours Chart Time Frame.
Two bearish Engulfing Pattern in 8 Hours Chart Time Frame.
So we can expect Retracemnet till $8200-$8300.
but keep in mind its possible only this time Main Resistance line not Break.
I draw in Chart.
so If we bellow this Support then we can see Some retrancement around $400-$600.
but
If break upward side resistance at $8900-$9000 then we can see $9500-$9800 in short Term.
so prepare both position.
so keep an eye on every update.
Thank you and please like and share and follow me
BITCOIN BTCUSD now Looking Bearish in short TermBTCUSD Now Trading at $7840.
before some hours BTCUSD dumped and 50MA doing good Support.
50 MA support is $7682.
We can see some upward side moment around $8000.
and after we can see again down side moment till $7500-$7600.
it will be possible if downside move and not break again $8000.
if BTC move upward side above $8000 then we can see new High of this year.
Now what:
Support: $7450-$7550
Resistance : $7800-$8000.
What Next: if we again hold $7800-$8000 then we can see new high of 2020.
and Our Target will be $12500.
but if break down $7800 Support then we can see $7450-$7550.
This is good Support and Retest area.
so be prepare of both Position guys.
like and share guys
BTC Pullback! BUY LEVELS!Hello everyone its been a while since my last post.
This week I've been having nice profits with bitcoin, so I want to share my thoughts about btc...
The price rejected the strong resistance zone 8375-8400, I expect a little downside move to the 8150 or 8000.
my stop loss will be under the 7700 support line. My first target is the 9,000 zone or maybe we can go higher :D
Enjoy your week!
albx
Bitcoin BTCUSD Exclusive Update $8703 soonBitcoin Now Looking Very Bullish According to Technical analysis Chart.
Now Bitcoin Trading above $7400.
And Struggle at Resistance $7550
if First we break $7550 then next Major Resistance $7787.
If we breakout $7787 resistance then our Target is very Near.
$8703 is Our first target and After $9000 Resistance.
For more updates follow me on Tw...
Now Total Analysis Working on Right Track.
Support $7150 and $6950.
now we are in Bull Cycle.
Don't be panic guys with Small Corrections.
BITCOIN | Possible Short-term BUY Opportunity!Hi,
Happy New Year my dear followers, wishing you 12 months of success, 52 weeks of laughter, 365 days of fun, 8760 hours of joy, 525600 minutes of good luck and 31536000 seconds of happiness. ;)
I cannot make any deep analysis but I determined a pretty decent buy area. After quite quiet holidays the price has reached to the possible short-term buy area.
Green-short-term-reversal area consists of:
1. Channel projection
2. AB=CD
3. Fibonacci Golden Ratio 62%
4. Fibonacci Extension 127%
5. The round number of $7,000 adds a bit strength to the reversal area.
6. Previously worked support level.
7!! Wait for a bullish candlestick pattern. You can wait for it from 1H+ timeframes and if you cannot determine it then do not take this trade!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Regards,
Vaido
BITCOIN | Prepare for it, a possible short-term SELL opportunityHi,
It looks like I can make another post before Christmas because my previous idea has started to work pretty nicely. As promised, I make an update if it happens and currently, the Bitcoin price has started to approach my mentioned key area ~$8,000.
At the moment, we are quite far from it, actually not so far but still, we have time to prepare for the next moves. Recent price movements and recent price action criteria indicating that we may see SHORT-TERM rejection from the marked red rejection area - rejection from The Red Christmas House :)
Set your alerts on.
I like what we have seen after the bullish Engulfing on the Daily chart. We got that Engulfing-momentum which pushed the price a bit higher to the next milestone - above $7,500. Everything looks bullish but we might see and we can catch a short-term downward movement. Movement range should stay between $250 to $600 but you have to be prepared with alerts because if this current bullish move is serious then this short-term bearish move from the marked reversal area may be a quick one.
Resistance criteria.
As said the rejection may be a quick one but still, you should already know the most accurate movements you get after bearish candlestick patterns. The current situation should be quick and that's why you can search bearish candlestick patterns from the 1H timeframes.
The Christmas House consists of:
1. Fibonacci retracement 38%
2. Fibonacci Extension 162%
3. Super-strong light-blue horizontal price zone should act as resistance. Multiple rejections to either direction from it.
4. The round number of $8,000 should play an important role inside the red short-term reversal area.
5. Minor black dotted trendline worked as support and now it should work as resistance and definitely, it adds a bit strength to the area.
6. Trendlines from the 2019 top. There are different types of trendlines from different tops that "run" trough the marked red area. They are a bit subjective, that's why they aren't on the chart but still, I want to mention it, you can try to drag them by yourself.
7. AB=CD. This is probably the most important criterion and it stays around $8,060.
8. Parallel channel projection. It runs a bit away from the crossing area but if the pump occurs today or tomorrow then we can count this as resistance but if the price reaches inside the marked area around 25. Dec. then it is not valid anymore - a bit late for parallel channel upper trendline to start to work for our favor.
9. Different types of EMA's. Weekly EMA 50 is just below the 8k, Daily EMA 100 and 200 are just above the 8k. EMAs are nicely inside the marked reversal "house" to add strength to the area.
10. Wait for bearish candlestick pattern formation. This time the move may be a pretty quick one so, wait for it from the 1h timeframe (obviously, you can wait for those on 4H because then the pattern signal would be stronger). From strongest to weakest: Evening Star, Bearish Engulfing, Railway Tracks, Tweezer Top, Shooting Star, Spinning Top. If you don't know them then Google helps you out!
Trade execution
Personally, I try to react immediately after the price has reached around $8,200-300 - do not try this at home because it requires a lot of knowledge :)
If it doesn't reach there and if it has formed a bearish candlestick pattern around $8,000-$8,060 then I try to enter after it has shown a pattern - easy as that. As said on my previous idea post; trading is quite boring, determine the area and let the price action guides you into the trade.
If it doesn't reach inside the marked red area then nothing will happen - no trade, no loss, no win and let's determine the next high-probability reversal area, plus here is a pretty high chance that you got knowledge from this post for your further trading plans! ;)
Be patient!
Do your own research and please, take a second and support my effort by hitting the "LIKE" button, it is my only FEE from You!
Happy holidays,
Vaido
BTCUSD - See what will happen next, trading into resistance!__________________________________________________________________________________________________________________________________________________________________
Hello traders investors and community. This is an update analysis on my recent analysis at the longer time-frame daily chart where i pointed out two possible scenarios on which
will happen to BTCUSD the next days and weeks. If you didnt watched this analysis already you can see it here:
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BTCUSD is still trading in an overall consolidation phase on the daily time frame as you can see in my recent analysis. Today i will watch for the four-hour timeframe and signs which we can
use for trade entry and overall big picture. Lets go!
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As you can see in my chart, BTCUSD has found some support at the 7000 USD price-level. As it is often the case that price will find support or resistance at important full numbers such as
7000, 10000, 20000 etc. But this support is more weak than its vaild because we are trading into resistance. As you can see there is an important donwtrend channel with resistance at the
upper line of the channel, there is also resistance from price action as BTCUSD struggled to develop an stabil up-trend the last days.
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The overall structure of the underlying 4-hour timeframe trend matches my expectations of the bigger picture, where i pointed an expected consolidation period out. As for now it will
have a pull-back and after this either continues to develop the downtrend or falls back into consolidation.
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For now, we can see more bearish signs as bullish , I would vary of opening longs here as I see many traders expecting a bull break-out. It's more bearish than bullish at the point.
A possible SHORT position can be entered when BTCUSD touches the resistance at the 7300 - 7400 seen in my chart or with a confirmed break-down to the downside.
But! I wouldn't open 100 % for sure a short position as in this structure it is more wisely to wait until we found some confirmation of future price action!
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Many other cryptocurrencies are in consolidation structures like this, we have to see where the market is heading. As it is an important case that after consolidation comes a period of high
volatility , an good enviorment for traders! We will see.
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Hopefully, you enjoyed this analysis and received some useful information! Feel free to support for more market insight!
Information is only educational and should not be used to take action in the markets!
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