BITCOIN CASH U.S DOLLAR BEST PRICETHE HISTORY OF BITCOIN CASH
In October 2008, Satoshi Nakamoto published the famous whitepaper entitled “Bitcoin: A Peer to Peer Electronic Cash System”. In 2009, he released the first bitcoin software that powered the network, and it operated smoothly for several years with low fees, and fast, reliable transactions.
Unfortunately, from 2016 to 2017, Bitcoin became increasingly unreliable and expensive. This was because the community could not reach consensus on increasing the network capacity. Some of the developers did not understand and agree with Satoshi’s plan. Instead, they preferred Bitcoin become a settlement layer.
By 2017, Bitcoin dominance had plummeted from 95% to as low as 40% as a direct result of the usability problems. Fortunately, a large portion of the Bitcoin community, including developers, investors, users, and businesses, still believed in the original vision of Bitcoin -- a low fee, peer to peer electronic cash system that could be used by all the people of the world.
On August 1st, 2017, we took the logical step of increasing the maximum block size, and Bitcoin Cash was born. Anyone who held Bitcoin at that time (block 478558) became an owner of Bitcoin Cash (BCH). The network now supports up to 32MB blocks with ongoing research to allow massive future increases.
Bitcoincash
BCH Bitcoin Cash: 1D & 1M Chart ReviewHello friends, today you can review the technical analysis idea on a 1D and 1M linear scale chart for Bitcoin Cash (BCHUSD).
See the Bitcoin Cash price on the 1M (left chart) and 1D (right chart). On the 1D chart there is a ascending triangle bull flag forming with the measured move around the 0.50 Fibonacci Retracement area (on 1M chart). 200 SMA, RSI, and Ichimoku Cloud are included in the analysis.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Bitcoin - Market Seasonality 📉📉 What is crypto seasonality?
Crypto seasonality is the perception that Bitcoin will rise and fall over a set period of time, drastically affecting the crypto market overall.
Bitcoin (BTC) is the world’s largest cryptocurrency, as well as the first-ever one. As the first cryptocurrency, it has tons of value locked up into it at all times, and all subsequent coins, otherwise known as altcoins, are tied to it in some way.
However, Bitcoin is no stable asset. The world’s first cryptocurrency is consistently ranging in value, dropping or rising tens of thousands of dollars at any given point. Every four years, this volatility is expected to reach a peak before crashing relatively hard due to the Bitcoin halving. The Bitcoin halving is programmed into the Bitcoin blockchain. Every four years, the halving occurs, and the rewards for mining Bitcoin are cut in half, effectively ensuring less Bitcoin is coming into circulation with every block mined.
The market tends to correct after a halving, with Bitcoin’s price rising due to its more scarce nature, only to crash shortly afterward as investors cash in their newly-earned profits, and the market overcorrects as a result. While Bitcoin crashes, more investors begin worrying about their investments and may pull out to move funds into altcoins.
📉2. Is crypto seasonality good or bad?
It affects everyone. But whether it’s good or bad depends on your investment personality.
Crypto seasonality can be seen as both good and bad, depending on your perspective and investment personality. For one, newer traders might see seasonality as a good thing, as they can now invest in Bitcoin at a lower price. Long-time holders, however, might despise crypto seasonality as their Bitcoin holdings are almost guaranteed to crash every four years, forcing them to wait out the lows or reinvest their holdings into altcoins.
That said, one can almost always expect Bitcoin to rise back up due to supply and demand. While this belief is never a guarantee, the leading cryptocurrency has historically risen to higher highs after each halving so far.
📉3. How crypto seasonality affects investors
Crypto seasonality might force Bitcoin-only investors to gamble in the altcoin market.
When Bitcoin’s price crashes, investors are almost forced into the altcoin market to continue generating profits. That said, altcoins are entirely unpredictable, and a project that’s massively popular one day can crash suddenly the next.
The altcoin market is also full of scams. Rug pulls and deceptive marketing have led to investors being taken advantage of. Regulatory policies are still in the works and can negatively affect a trader's experience as they develop. Exchanges can be hacked and holdings stolen. There’s really no telling what can happen in the wild west that is the altcoin market.
Sure, there are safer ways than others. Investors can buy into established passive income methods like Uniswap’s (UNI) liquidity pools, or participate in the mining or staking process of a coin rather than simply investing in it, but there’s still an inherent risk alongside these processes.
What do you think ? Comment below..
CRYPTO MARKET CAP - BULLISH 📉📉📉📉 Crypto Market Cap looks very bullish, it's pretty much the same as the BITCOIN chart. Price rejected and didn't closed below 1.5TRILION $ price area. I think we will see a new ATH on the crypto market cap as we are both fundamental and technial in a bullish market scenario.
What do you think ? Where we are going next ?
Ethereum classic AND Bitcoingold BTG Hashrate (Tug of war)Tug of war between Ethereumclassic and bitcoingold BTG for ethereum hashrate.
As fundamentals of both cryptos are pointing for big shot.( short squeeze)
As all the technical analysis are pointing in Oversold category.
Ethereum miners are looking for switch to other cryptos as they cant ruin their big miners investments in ethereum.
HUGE HASHRATE SHIFT TO THESE TWO CRYPTOS ARE EXPECTED.
BITCOIN MARKET SEASONALITY 📉📉📉📉 As we talked about market seasonality i will explain in this video why i look forward bitcoin bullish market seasonality.
📉 As you can see we have an intresting bullish cycle that will start exactly from the incoming month APRIL towards AUGUST we have a higher chance to see BITCOIN going higher at least this is what statistics shows to us.
What do you think ? Do you use market Seasonality ?
📉📉 FEAR/GREED INDEX
📉 Why Measure Fear and Greed?
The crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:
📉 Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
When Investors are getting too greedy, that means the market is due for a correction.
Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.
BCHUSDT - Long Setup!
BCHUSDT (1D Chart) Technical analysis
BCHUSDT (1D Chart) Currently trading at $360
Buy level: Above $361
Stop loss: Below $270
Target 1: $400
Target 2: $452
Target 3: 529
Target 4: $650
Max Leverage 2x / Spot Market
Always keep Stop loss
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BITCOIN TRADES TAKE PROFIT 📉📉📉📉 Hi there my friends, i was talking to you about BITCOIN bullishnes and various fundamental reasons why i expect it to rise to 45.000$ as a first target, well our target was hit. For now i am out of every trade on BTC, i am still bullish from a fundamental context but not from a tecnhical perspective. I will wait for the price to make a retracement back into H4 imbalance + bullish orderblock that is located around 43k price area.
PLEASE REMEMBER that we are still bullish within a strong bullish market strucutre but for now its just not a DISCOUNT PRICE to LONG IT, wait / be patient and then execute.
What do you think ? Do you agree with my analysis ?
Tweezer Tops vs Tweezer Bottom 📉📉📉📉 A tweezer is a technical analysis pattern, commonly involving two candlesticks, that can signify either a market top or bottom. Tweezer bottoms are considered to be short-term bullish reversal patterns, whereas tweezer tops are thought to be bearish reversals.
📉 Tweezer top indicates a bearish reversal whereas Tweezer bottom indicates a bullish reversal. Tweezer top candlestick pattern occurs when the high of two candlesticks are almost or the same after an uptrend
📉 A Tweezer Bottom occurs during a downtrend when sellers push prices lower, often ending the session near the lows, but were not able to push the bottom any further. Tweezer Bottoms are considered to be short-term bullish reversal patterns that signal a market bottom.
A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more important when there is a strong shift in momentum between the first candle and the second
Do you use twezzer tops or bottoms ?
BITCOIN LONGS ACTIVE 📉📉📉📉 Expecting bullish price action on BITCOIN as we are in a bullish market strucutre on a HTF (W1) and on the LTF (H4) the price is clearly making higher highs and higher lows with bullish BOS meaning we should go higher from there. I think we will hit 45.000 institutional figure where a lot of liquidity stays above
📉 From a fundamental perspective we are strongly bullish on this chart, market seasonality + fear/greed index + fed rate hikes and the correlation between US500 and BTC.
📉 I will attach a photo and a explanation of BITCOIN EXCHANGE RESERVE so you can understand why we are strongly bullish from a macro perspective.
What do you think ? Comment below..
BCH/USD - Resurrection from the dead. PUMP time! 🤣BCH has been dying since May 2021, but now it is time for resurrection. Easter is coming so the timing seems very good. 😅
After a prolonged downtrend which formed a large falling wedge, BCH has its FIRST real chance to break away.
Price is currently moving quickly to the key resistance at $380 which coincides with the edge of the wedge.
A successful breakout there and retest of this level as support can take BCH to the next key resistance at $465.
The indicators support a bullish bias. MACD, RSI and OBV are all bullish. This latest candle was on strong volume. If BCH can sustain this, then fireworks can happen.
Bias is bullish right now, but don't dismiss a possible rejection at $380, before the real break can take place.
Patience is key, but this chart looks primed for some sustained gains in the future. Can BCH return to the spotlight?
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Bitcoin Cash (BCH) Sell ZoneBitcoin Cash (BCH) Sell Zone
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BIAS
Mid-Term : Neutral
Long-Term : Bullish
Risk : High
Short-term scalping and expecting a formed bearish pattern, currently its facing out the mid-term resistance zone which is potential reversal zone of it.
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$BCH/USDT SHORT SETUP
Leverage : x3 - x5
Entry Price : 324 - 335
TP 1 : 320
TP 2 : 315.75
TP 3 : 310
TP 4 : 306
TP 5 : 301.2
TP 6 : 295.5
TP 7 : 292
TP 8 : 287
Stop Loss : 344.44
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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BITCOIN LONGS 📉📉📉📉 Expecting bullish price action on BTC as we have a clear bullish market strucuture. Doesn't look like price wants to go lower, we have a lot of liquidity above the BSL area 43.000 price area. I think we will smash this target on into the weekend.
Crypto/Fear Greed Index right now is in EXTREME FEAR meaning we have a nice buying opportunity from a market sentiment standpoint.
What do you think ? Where we go next ?
BITCOIN LONGS 📉📉📉📉 Expecting bullish price action on BITCOIN at least this week above the BSL (buy side liquidity) as price is clearly printing bullish market strucutre on th h1/h4 after it cleared all the buyers with that huge bearish candle on monday.
45k is my medium-long term target for BTC and i see it only bullish in the next period.
I also attached the market seasonality chart on BTC and it looks like we will start our BULLISH CYCLE next month from APRIL-JULY where BTC prices should RISE
What do you think ? Comment below..
BITCOIN LONGS 📉📉📉📉 Expecting bullish price action BITCOIN as price takes out all the liquidity below old lows, and made a quick push higher. I think we saw a stops cleaned before the bullish move into the 44-45k to fill the bearish imbalances.
We are in a RISK ON MARKET SENTIMENT on the start of this week.
What do you think ? Comment below..