Bitcoin-usd
BTCUSD is respectfulBTC respected all curves and has now broken up - Good ! Time to retest a long-term curve at $21k.
I am happy to see this, as I have been seeing a multi-week divergence already and was waiting for it to clear out - I will be bullish short term but first - we need to get rid of all retail longing until $14k.
Expecting the price to bounce down hard after reaching $21k area.
Be ready to invest at $14-$15k !
BTCUSD Still longBTC is taking its time here, but nothing has changed much - I'm even more convinced in longing here, since the break of the curve didn't bring volatility during the fall. Volume trend on 4h is starting to go up, and rest of indicators seem to have taken a break. Open Interest also has reached a lower extreme - The market is ready for a bounce and retest of the channel's higher curve.
Bitcoin : one of the last supportHey all,
What a week. Everybody is waiting for the FOMC , tomorrow. The next rate declaration from the Federal Reserve will add a little bit more volatility in the market.
About Bitcoin, prices are on the hedge of one of the last support, the previous low, at 18 822$ . 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.
Litecoin/USD idea (19/09/2022)Litecoin/USD
We expect the correction in wave ((iv)) to end at prices of 68.16 and the beginning of the decline. It targets lower prices, and the decline may continue to the 1.38% level at prices of 33.67 or to the level of 1.618% at prices of 30.13 to end the wave ((v)).
BTCUSDT 1 Week Chart Demand & Supply Zones#Bitcoin #BTC 1 Week #Chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 17,698/-
Bearish Supply Range ( Go Short) - USD /- to USD 26,949/-
#bitcoin #btc #cryptocurrency #crypto
Total BTC Longs - 104019.50/-
Total BTC Short1,837.6/-
Current Status - Movement Towards Bull Run.
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.
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