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Bitcoin-usd

Bitcoin : one of the last supportHey all, What a week. Everybody is waiting for the FOMC , tomorrow. The next rate declaration from the Federal Reserve will add a little bit more volatility in the market. About Bitcoin, prices are on the hedge of one of the last support, the previous low, at 18 822$ . This area was defended by the bulls many time. Let's note the positive divergence on the daily RSI, that could go in the way of a bounce, with a first target located at 20,500$ , the daily Kijun. If the support breaks, we have as a very last support the very low of candle shadows, located at 17,630$ . Let's see how the market will react to the news ! Cheers.
INDEX:BTCUSD
by Augustus1st
1
August 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart According to CoinShare, Digital asset investment products saw minor outflows last week totalling US$9m last week with volumes at US$1bn, 55% off the year average and the 2nd lowest this year. Bitcoin price is almost flat over the past 24 hours. The relative strength index (RSI) is near the oversold zone, indicating that the bears have a significant advantage. For now, the bulls need to push the Bitcoin price above the 50-day simple moving average (SMA) ($22,382) to avoid further decline. Today’s Cryptocurrency Headline UK Intends to Bring Stablecoins Under Regulation A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins in September. The bill looks to expand existing financial regulations to cover payments-centric cryptocurrencies such as stablecoins, which are broadly defined as "digital settlement assets" (DSAs), and the bill also puts the UK Treasury in charge of defining what DSA are and gives the Bank of England (BoE), the Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) corresponding powers to enforce the rules. 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.
by BingX
BTCUSD H4 Potential for bullish momentum | 12th August 2022On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our buy entry at 24703.69 where the swing high resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 26779.85 where the 61.8% fibonacci retracement , -61.8% fibonacci expansion , 161.8% fibonacci extension and 100% fibonacci projection are. Alternatively, price could drop to stop loss at 22560.82 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
COINBASE:BTCUSDLong
by FXCM
Bitcoin Super CycleHere we can see the PI cycle top flashed early much like 2013 In 2013 it was April fools day when BTC started its correction BTC reached the Center point of logarithmic regression around July 1 This correction was only 3 months in length I do see a similar pattern here, If this plays out like the super cycle in 2013 then my personal targets are: Center of regression July 2021 second PI cycle top will be around oct-nov of 2021 followed by a bear market which takes BTC to 20k as the floor again shaking out most retail and making it less affordable to accumulate From there BTC will be on the journey of 1 million roughly a year after the 4th halving It's important to note 4th halving will put rewards close to PI at 3.125
COINBASE:BTCUSD
by ILL_Midas
21
BTC USD : SYMMETRICAL TRIANGLE BREAK, BULLISH REVERSAL! BOOM!FOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN is not in a bear flag like others have posted. Bitcoin has been in this symmetrical triangle for about a month now and it broke to the upside in a bullish reversal. Bitcoin will climb to about $40k on this run before a correction possibly back down to about $25kishthen continuing its ascent to 6 digits. Don't fall for all the bearish sentiment and charts they are for the most part 99% all echoing what they heard. Hardly anyone who is bearish has anything different to say. War, recession, inflation, interest rates, shortage, apocalypse, asteroid, and total extinction of the human race (its a big echo chamber). We've been going through the same crap for more than a hundred years what is so different now? The FED will pivot and start printing more money soon enough so get ready for a rocket shot to 6 figures. 7 is not out of the question either. Anything is possible in this bull run. Nothing is going to stop Bitcoin, it was made for this reason. This is not financial or trading advice this is just my opinion. Thank you and good luck out there.
BITSTAMP:BTCUSDLong
by Bitgolder
2