Bitcoinfutures
🚀 Mind The GapThe market always fills the gaps.
Gaps are not common in the crypto market. But, as Bitcoin gain mainstream adoption and more investment vehicles get listed on traditional financial markets, these elements can play a relevant role in how its price moves. Gaps signal strong price reversals and point at suitable price levels that traders can use as support and resistance.
The chart shows the Bitcoin future price as it traded on the CME. The gap around $60,000 in April marked the local price top. The price retested immediately the same level after, and when it failed to break out, the trend lost steam and reversed.
The same is happening these days, the other way around. After breaking above, pushing Bitcoin to a new all-time high, the price pulled back to retest the buyers' confidence. Should the price hold, the road to $100,000 will be smoother.
Be patient. The chart also includes the other three relevant gaps in the market. Keep them in mind as guidance to place your stop losses. Bonus fact, the BTC ETF is already driving up significantly the trading volume, making this chart always more significant from now on.
Bitcoin is following a well-known pattern. Useful points.Bitcoin has printed a bullish pattern with just two or three resistances in front of it, indicating that a rise is likely in the following 10 days. I predict the price will stop around 60k and drop to 56k before rising to 62k and retracing to 58k, where it will be free to surpass the previous all-time high. In the meanwhile, altcoins will have an opportunity to rise once again.
By the way, network transactions are still on the low side, so if only increase +100,000, we should be able to achieve Bitcoin price $80-90,000 by the end of the year.
BITCOIN IS AT A CRUCIAL POINT! CAN WE DO IT BULLS?BTC is at a crucial point right now. We turned Support Into restiance.
But we got a golden cross the other day I have a good feeling. LAST golden cross had a failed break out.. I believe this has to do with El Salvador and whales trying to keep the prices down as they were loading up. ( just a theory! )
Maybe by october or later this month We will be back on track... Maybe tonight :)
Good luck guys! People saying bearish winter. I feel like we will be at 90k By end of november :)
Peace and Love!
$Bitcoin pushed off from the 200-day MA againBitcoin pushed off from the 200-day MA again and at the moment the price rose to $ 49,900. It separates the first cryptocurrency from a breakout above $ 50k, from where there should be an easy road immediately to $ 60k, according to analysts 😎
I'd like to see continued growth in BTC, but the modest trading volumes and the downtrend in RSI are somewhat confusing. Bulls need to punch
#Bitcoin in the futureWe think this scenario is likely and will happen soon
To find a special place, bitcoin needs to build strong levels for itself at every stage
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This is an analysis for another 6 months
Your own risk
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Bitcoin Breakout from Triangle -25% opportunity! — BTC DOWNHey! Bitcoin price surging down below $30000. I am looking for confirmation on lower timeframes, but from here it is looking solid bearish. Daily closing price will make possible to confirm further downtrend.
Stay positive and patient, cause real beer market not even opened yet.
Daily timeframe update:
Wyckoff prediction
Trading patterns
Elliott waves patterns
Best regards
Artem Shevelev
🐋 Bitcoin Prepare for Buy 04 July 2021 🤨Price of bitcoin sloping in range further. Bitcoin went up today for +2.33%, which is in regular deviation.
Looks like price don’t want escape this price range for some reason. Price stays in tight bound of 37000 and 32000. This zone is not comfortable for trading, but it's creating a lot of opportunities for scalpers and daytraders. Sweet spot for whale feeding.
I am looking forward next days to see another dipping in and pullback towards selling zone.
Further buys will be revealed in upcoming updates.
Don’t underestimate the size of the real whale out there. It might chew everything on its way.
stay safe
Best regards
Artem Shevelev
AXSUSDT > fly.. Great Buy Setup!Hi Friends,
In this analysis, I am sharing about AXS .
Follow proper risk management and the minimum risk to reward ratio should be 3.
I am new to TradingView So, Do support me and share your views in the comment section.
**Trading is all about strategy. All I have done above is Technical Analysis
About Me:
Hi Friends,
I am a Forex trader and cryptocurrency technical analyst. I am passionate about blockchain technology and cryptocurrency and has since been following the market wave. I trade on Crypto, Forex and CFDs
BTCUSD: Bullish Engulfing at its best imo!¡Hola amigos! 😉
if we look at Okex, we could see a strong bullish engulfing in my opinion. Okex has different open and close times than Bitstamp for example. Often looking at the Asian exchange helps because they are earlier.
E VIVA EL HOLDLADOR! 😁
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Let's see what happens.
Happy trading. :-)
BTCINVESTING
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My Post Jun 6, 2021
My Post Apr 18, 2021
My Post Apr 15, 2019 (2 year ago!)
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BitcoinIn the 4H chart BTC price is in a symmetrical triangle and has been tested each side of it three times.
As you see price is approaching to the support level
if we see any downside push at this level we can expect a fall to 33607 or even more around 33000 in the near future.
Otherwise if the price could grow further than 38681 we can expect an upside breakout on the triangle upper side
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What do you think about BTC price?
Feel free to share your ideas in the comment
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Bitcoin Daily MACD & 200ma Positive Cross = LAMBOThe daily MACD is heading towards a positive cross.
200ma (white) is working on positive cross above.
As these two trigger each other (and with futures closing Friday) Lambo Mode is about to activate.
Not financial advice - but it's what I am think'in.
Bitcoin Futures v Spot: A Tale of Two Bities. It was the best of trades, it was the worst of trades. Look, I had to get that one in.
This update is a quick answer to an email received on CME micro bitcoin futures. To trade or not to trade?
Answer: there are pros and cons here.
Some points:
Micros are very algo driven with the May contract currently looking heavy from just one participant stacking bids and offers. Weird. That will change.
Not trading a lot of volume yet. That will change.
Full sized contract (equals 5 bitcoins), with margin close to $100k, is too rich for most.
Micro contract (1/10th of a BTC) is a good entry level size.
Wider bid/ask spreads on all futures contracts compared to spot. It will change should the product develop.
Futures have far lower comms than spot coins.
Commission example: Crossing the spread (buying 1 and selling 1 at market) in the micro burns $6 in price plus say $2 for (expensive) comms round turn. That’s $8 to play a contract size of $4535. That’s in and out.
For spot, Kraken for example charge up to 0.26% to buy or sell at market. Even getting in and out at the same price, would cost $23.58 for the same sized trade as the futures. So three times the fees even when the spread size is covered. Coinbase fees are 0.50%.
Comms from one broker/platform to the next very of course and they vary over time, but that’s an interesting example.
Futures downside: liquidity at this stage, but that will change. It’s a new contract. With futures, you also have to pay monthlies for platform and data. Some brokers offer free basic platforms, but the data still costs. Trading once or twice does not make it worth the bother. Spot platforms and spot data do not seem to draw a monthly (for now, but you watch).
Futures are more for active traders where comms matter. Spot is a better option for long term HODLers. Pros and cons.
Not all points covered here. It’s just a start. The CME Groupo site have some great info on futures.
Please like & follow for more updates and dumb references.
Bitcoin Weekly Timeframe Price Overview 05 May 2021Bitcoin long term trend is highly debatable topic. On the chart I've found quite interesting relation on RSI oscillator - price making big rebound after reaching RSI zone 60-50-47. During whole 2016-2018 bull run price 4-times rebounded upside with RSI in mentioned zone.
At the momement RSI value approaching 60, which means we about to see big rebound upside.
Stay positive and stay out of huge risks.
Bitcoin Price Action Outlook 22 April 2021Hey! Btc shows highly complex correction movement, which is not interesting to trade. ANyway price might open new Buy opportunity for mid-term.
On chart side you can see EW map, using Fib channel and wave-5 target I think best buy opportunity for mid term will be near 50-51K