I was hacked. Possible many others have been alsoFound multiple random connections that trace back to Japanese companies(the web shows they had been hacked & Alps alpine has government contracts possibly????). The devices didn't have any information besides Mac addresses. A couple unknown devices, a couple phones, an Gen 1 Honda and I would bet others I don't know about.
I bet they have ransomware in my firmware. I sold it all pulled my money out of the exchanges and have ordered a new phone already. On tradingview an random chart showing EGLD shorts had shown up.... Wtf
Be safe if they get a hold of your stuff it can be terrible. Wasn't worried about anything but now with mutiple ships hitting bridges... It is time to risk off and or to use the ETF trading I feel.
This sucks but it would suck more to have it all taken from me.
Be safe PROTECT YOURSELF!!
NOT FINANCIAL ADVICE!!
Bitcoinmarkets
Bitcoin could be closer to the new top then we thinkIf the fear in these market intensify. The new top for 2024 could be behind us. I sure hope I'm wrong and it keeps going up so I make money, But, we are running out of gas, the halving could be a sell the news event. Never forget the most important rule, Always keep some change in case of emergency, to buy the dip. And never be all in forever past the past top.
INDEX:BTCUSD
Has Bitcoin already reached its peak, or just a Shakeout?Let's address the common question here:- Has Bitcoin already reached its peak, or is there still more potential for growth?
Taking a look at the chart, Bitcoin (BTC) is presently trading near the 35-day Exponential Moving Average (EMA), a level that often serves as a short-term support for price bounces. The subsequent support level could be around the .382 Fibonacci retracement level, approximately at the $60.2k mark. Interestingly, this level coincides with the 65-day EMA, suggesting a robust support zone. Therefore, it's plausible to anticipate price consolidation between these EMAs, influenced by both lower time frame (LTF) and higher time frame (HTF) support levels.
Moreover, a potential catalyst for a breakout could be the upcoming halving event. Historically, Bitcoin has experienced price rallies following halving events due to decreased supply issuance. This suggests a possibility of upward momentum post-halving.
However, it's important to remember that no one knows with full certainty what will happen; this is all speculation. In summary, considering these factors, two plausible short-term scenarios have been outlined in the chart which I think can play out in the next few weeks!
DYOR, NFA
Please hit the like button to show your support.
I will keep this chart updated and will post more this week.
Thank you
#PEACE
Whale Watching: Can whale accumulation signal price moves?The activity of large Bitcoin holders (those owning more than 0.1% of the total supply) is a telling indicator for market movements. A positive net flow means they're buying (accumulation), and a negative net flow indicates selling (distribution). Understanding these dynamics can give us a leg up in predicting market trends.
On March 23rd, an intriguing development occurred: large Bitcoin holders increased their holdings by nearly 80,000 CRYPTOCAP:BTC as prices lingered around $64K. This aggressive accumulation likely played a pivotal role in nudging Bitcoin back into the $70K territory.
We observed a similar pattern on March 6th, where a significant increase in holdings by these large holders preceded a notable rise in Bitcoin's price.
This indicator is not just a number—it's a snapshot of market sentiment and behavior. By keeping an eye on these large holder activities, we can better anticipate future price movements.
DOT to DUMP and DUMP more????This is my trading plan for the week currently I see $7.60 a good turning point or maybe lower.
I am it the thought process that this is a bull run in a bear market and Benner cycle was stretched out by governments intervention I am like Warren B. rn and holding lots of cash.
We can most def see 70% corrections from the highs before getting the bounce we want.
NOT FINANCIAL ADVICE!!!!
Bitcoin on the Verge of Breaking Through $7200 Barrier!I am thrilled to share some exciting news with you all - Bitcoin is on the brink of breaking through the $7200 resistance level! This is a significant milestone for the cryptocurrency market and could potentially signal a major bullish trend for Bitcoin.
As we all know, Bitcoin has been trading in a wide range for the past few weeks, but recent price action suggests that a breakout is imminent. If Bitcoin manages to break through the $7200 resistance level, we could see a sharp rally towards higher price levels.
I urge you to keep a close eye on the price action and consider going long on Bitcoin if it successfully breaks through the resistance. This could be a great opportunity to capitalize on a potential uptrend and maximize your profits.
Don't miss out on this exciting opportunity to potentially profit from Bitcoin's price movement. Stay vigilant and be ready to act when the time is right.
Bitcpin 690k Ladies and gentlemen, esteemed investors and enthusiasts, today we stand on the cusp of a historic moment in the evolution of finance. Bitcoin, the revolutionary digital currency, has surged to unprecedented heights, with the potential to soar to a new all-time high of $690,000 per coin.
But let us not merely marvel at the numbers; let us grasp the profound significance of this moment. Bitcoin is not just a currency; it is a beacon of hope, a symbol of empowerment, and a catalyst for change.
As we witness Bitcoin's ascent to new heights, we are witnessing the dawn of a new era in finance. Gone are the days of centralized control and manipulation; here to stay is a decentralized, borderless currency that transcends the limitations of traditional monetary systems.
At $690,000 per coin, Bitcoin represents more than just monetary value; it represents the culmination of years of innovation, resilience, and unwavering belief in the power of decentralized technology. It is a testament to the ingenuity of the human spirit and the potential for positive transformation in our world.
But let us not become complacent in our celebration. With great power comes great responsibility. As Bitcoin continues to rise, we must remain vigilant, ensuring that its benefits are accessible to all and that its potential for positive change is realized.
Let us seize this moment to educate, to empower, and to inspire. Let us harness the power of Bitcoin to create a more inclusive and equitable world, where financial freedom is not just a privilege but a fundamental human right.
So, my friends, as we stand on the brink of this historic milestone, let us embrace the potential of Bitcoin with open arms and open minds. Let us dare to dream of a future where financial sovereignty is within reach of every individual, where barriers are broken down, and where opportunities abound.
The journey ahead may be filled with challenges, but with Bitcoin as our guiding light, we can navigate the uncharted waters of the future with confidence and conviction.
Together, let us embark on this journey towards a brighter tomorrow, where the potential of Bitcoin knows no bounds, and where the promise of a more prosperous and equitable world becomes a reality for all.
COIN - Plagued with bearish divergenceThere is bearish divergence on top of bear divergence on this chart. If one chart pattern gives you a leg up on the market… it is divergence, bearish or bullish. Options expiration is March 27th and I wouldn’t expect the fun to last a day longer than op-ex. It is quarterly op ex which is the most significant and tends to represent the more extreme swings in the market. Be careful out there!
Bitcoin Surges Towards All-Time High: Halving Hype Sparks Frenzy With Bitcoin reclaiming the $70,000 milestone and the halving looming, the cryptocurrency market is abuzz with anticipation and speculation.
In a dramatic turn of events, Bitcoin ( CRYPTOCAP:BTC ) has stormed back above the $70,000 mark, reigniting investor excitement and propelling the cryptocurrency towards its all-time high. With the highly anticipated halving just 25 days away, Bitcoin's resurgence signals a renewed fervor in the crypto community, despite recent setbacks and volatility.
After a week-long downturn, Bitcoin's price has surged by 9% in the last 24 hours, reaching $70,561 according to CoinGecko. This resurgence comes on the heels of a tumultuous period marked by ETF outflows, exchange flash crashes, and inflation concerns, underscoring the resilience of the digital asset amidst market turbulence.
The impending Bitcoin ( CRYPTOCAP:BTC ) halving, an event occurring approximately every four years, has captured the imagination of speculators, who anticipate a potential doubling or quadrupling of Bitcoin's price post-halving. This optimism has been fueled by the recent approval of spot Bitcoin ETFs by the U.S. Securities and Exchange Commission (SEC), signaling growing institutional interest and legitimizing Bitcoin as a mainstream asset.
John O’Loghlen, Coinbase Asia-Pacific Managing Director, attributes Bitcoin's recent surge to the influx of new demand catalyzed by the spot ETFs announcement. However, amidst the euphoria, experts caution against excessive exuberance, urging investors to exercise prudence and consider the historical performance of Bitcoin post-halving.
"While the sentiment around Bitcoin ( CRYPTOCAP:BTC ) remains bullish, experts advise caution, especially if looking at past halving performance," warns O’Loghlen. Indeed, past performance is not always indicative of future success, and investors must remain vigilant amidst market speculation.
Nevertheless, Bitcoin's ascent has sparked a broader rally in the crypto market, with Ethereum surging nearly 9% to $3,630 and Solana climbing almost 13% to over $194. This synchronized uptrend underscores the growing optimism and momentum within the cryptocurrency ecosystem, as investors flock to capitalize on the potential upside.
As Bitcoin ( CRYPTOCAP:BTC ) inches closer to its all-time high, the stage is set for a pivotal moment in the cryptocurrency market. With the halving looming on the horizon and institutional adoption on the rise, the future of Bitcoin hangs in the balance, poised on the brink of unprecedented growth or a potential correction.
In this dynamic landscape, one thing is certain: the journey towards Bitcoin's all-time high is laden with excitement, uncertainty, and opportunity, beckoning both seasoned investors and newcomers alike to join the thrilling ride of digital asset investment.
BTCUSD :Unveiling a Trading Strategy Yielding Up to 714 Pipsstrategic analysis and keen observation of market trends are paramount for success. A critical aspect of this is identifying key support and resistance zones where significant market activity is expected to occur. In the case of BTCUSDT, the main support area, buy zone, and supply area lie within the range of 60800 to 61700. Within this range, both whales and investors are poised, awaiting the opportune moment for a rally that could potentially yield up to 714 pips.
At the lower end of this range, around 60800, lies a crucial support level where buying pressure historically tends to increase. This level represents a point at which market participants perceive Bitcoin as undervalued, prompting increased buying activity as investors seek to capitalize on potential price appreciation. Conversely, the upper end of the range, approximately 61700, acts as a supply area where selling pressure typically intensifies. Here, traders who entered positions at lower levels may choose to take profits, leading to a temporary stall or reversal in price momentum.
The convergence of these support and resistance zones creates a dynamic environment where market sentiment can quickly shift. Observing price action within this range provides valuable insights into the balance of supply and demand forces at play. Traders closely monitor factors such as trading volume, order flow, and price volatility to gauge the strength of prevailing market trends and anticipate potential breakout or reversal opportunities.
For whales and institutional investors, this range represents an attractive accumulation zone where significant liquidity is concentrated. These market participants often possess substantial capital and strategic insight, enabling them to influence price movements through large buy or sell orders. As such, their presence within the 60800 to 61700 range signals a consensus belief in Bitcoin's long-term value proposition, further bolstering confidence among retail traders.
The anticipated rally of up to 714 pips hinges on the successful navigation of this critical range. A breakout above 61700 could trigger a surge in buying activity as resistance levels are breached, paving the way for further upside potential. Conversely, a breakdown below 60800 may signal weakness in bullish momentum, potentially leading to a retest of lower support levels.
In conclusion, the main support area, buy zone, and supply area of 60800 to 61700 serve as focal points for market participants seeking to capitalize on Bitcoin's price movements. By carefully analyzing price dynamics within this range and monitoring the actions of whales and institutional investors, traders can position themselves to capitalize on potential rally opportunities while managing risk effectively.
Bitcoin Cup and Handle PatternHi everyone,
It seems like Bitcoin is going to exhaust after a great rally and 50% down move might be coming from here, you all shouldn't be surprised if this executes. It's much needed for the next big leg which will take Bitcoin to $170k.
Let me know your thoughts.
#Bitcoin
Bitcoin chart showing a large bearish and a smaller bullish H&S Bitcoin chart is showing a large bearish and a smaller bullish H&S pattern, wrestling over price action.
Who is going to win?
Merely technically speaking I would rather have a bearish bias.
This is no trading advice.
I use this platform for CMT training only.
Cheers!
Bitcoin's Profitability Surge and the Inevitable PullbackBitcoin experienced a significant drop this week, with prices dropping as low as $63k at the time of writing.
This idea brings some perspective to the situation. The chart contains the percentage of CRYPTOCAP:BTC holders in profit over time.
The red boxes highlight prolonged periods where a vast majority of Bitcoin holders are in profit. These periods are often indicative of market tops or extended periods of price growth, where even those who bought in at higher prices during the beginning of a bull run have seen the value of their holdings increase.
Two specific periods are highlighted with red boxes. The first box indicates a 62-week period, while the second box spans 33 weeks. These durations are substantial, which shows that Bitcoin typically experiences prolonged periods of profitability for a majority of holders during significant bull runs.
The most recent period encapsulated in the last red box, wherein CRYPTOCAP:BTC currently resides, extends over 17 weeks. This presents us with two key insights:
The current phase is relatively brief compared to past bull market durations, suggesting that there may be additional room for CRYPTOCAP:BTC 's growth.
The trajectory of price appreciation and the rising percentage of profitable holders have been steep and relatively free of significant downturns.
Considering these observations, the present market movement may well be a healthy correction within an overarching bullish context, perhaps a recalibration that the market needed.
In conclusion, while Bitcoin's price has retracted, the historical data indicates that we may still be within the early to mid-stages of a bullish cycle, with the potential for continued growth following this period of consolidation.
Bitcoin to 80K ??Straight to it, so we have been in a correction since the ATHs, Correction since 11 march to 17 march,
We have seen a correction cycle extended, resulting to a WXYXZ, now expecting the bull cycle to continue with 67K the entry price for long orders and those accumulating then can buy and HODL, which would see us landing at 80K or above.
NFA as always.
Bubble theory 🫧 BTC minersThere are two type of bubbles and they burst for different reasons? A bubble is when too many people hold something and what has driven prices up, now as a force works against them.
There's a saying. Buy things when everyone is a skeptic. Sell when a taxi driver starts talking about investing. There are no more buyers left on top.
First bubble is when volume dries up as the price hits extremes.
Second is when peoples attitudes or sentiment, or opinions change to bearish. And that can happen over night, like a switch. It's interesting and finance is a social science.
Some bubbles can burst due to external events, like start of wars or some financial crisis.
There can be strong bull markets and most of times, these external events would just be noise?
> Was btc miners in bubble? And what type of bubble?
I think Yes and No? Whenever there's a risk free trade, supported by factors a bubble emerges? The price of Mara was rallying hard, trend was strong. You could argue people got over optimistic, knowing the ETF decision was a risk event. -> therefor (the burst) was sentiment driven. But also predictable?
Bubble is when too many people hold asset and there re no buyers left. Similar how a taxi driver is hype about investing.
Technical analysis gives you perspective and context. In 1st instance, impulse was too high and volume indicates crowding? It's tricky because it looks so bullish.
In 2nd instance, impulse was too low. Price action looked bullish? bubbles happen when too many people hold the shares and expect them to rise.
If 1st instance was sentiment switch driven, then 2nd time, the bubble must burst due to exhaustion (or no people left to buy... at these prices.. similar how taxi driver hops in the trade at the wrong time).
Factors and thesis can be bullish - and bubble still bursts.
Is NVDA and SMCI a bubble?
I think there is difference between NVDA, SMCI investors and their time horizon? It could be. I think people believe their investment is supported by the tech drivers. Every dip should be bought out by smart investors and these are the best assets to own in next 5-10 years.
It doesnt mean there cant be external events and risks.
again- bubble is when too many people are in investment. So bubble can burst either by them changing their sentiment or beliefs (maybe fundamentals must change?). Or if price is just so ridiculously high or there is no money left at sidelines, that trend can't be sustainable.
When markets rally - everyone only reads good news and ignores bad news. And vice versa. #HowardMarks #MarketCycle
---> The Risk-Reward buying at these tops just isn't great. That's why they burst. Accompanied by sentiment risks, that hide behind the hood.