Bitcoinusdollar
BTC CME GAP- CME and cryptocurrency ETFs are important, but in different ways :
- The CME is more influential in terms of institutional trading, price discovery, and market structure, while ETFs play a crucial role in making cryptocurrencies accessible to a broader range of investors and driving market adoption.
- Don't focus on ETFs, they are still young and small in BTC/ETH market ( around 5% ).
- Chicago Mercantile Exchange are older.
- Wealthy investors are in BTC from 2017.
- This Gap have to be taken soon or later.
PS : the green line is EMA200
Happy Tr4Ding !
Bitcoin Quest- History tends to repeat itself.
- The maximum could reach around 250k.
- The minimum could drop to about 40k.
- Remember, the longer it takes, the higher we could go.
- The graphic is straightforward as usual; just track "colors", "bubbles" and "trends."
- Keep in mind, while the future is uncertain, we can still speculate.
Happy Tr4Ding
The Golden Ratio- Throughout history, the ratio for length to width of rectangles of 1.61803 39887 49894 84820 has been considered the most pleasing to the eye.
- This ratio was named the golden ratio by the Greeks.
- In the world of mathematics, the numeric value is called "phi", named for the Greek sculptor Phidias.
- Everything is in chart.
Happy Tr4Ding !
BTC Fishing Bottom- After all this FUDS over time, right now it's literally impossible to calculate a potential real bottom.
- Basically you can do TA all day but if Bad News (Fed) and FUDS (Cryptos) are constantly incoming on Twitter and Google everyday, nothing will work.
- Some news are real like FTX Rekt but some influencers use more fake news to create panic, they want buy BTC cheaper before the next bull run. it parts of the game.
- Have to remember for the numbers : Luna crash caused 40-50B$ hole in market (Anchor Protocol was huge), FTX was around 10B$.
- imho the real bottom was in at 17.5K$. Right now BTC made a bounce around 15.5k$ but one think that i know is : There's absolutely nothing in this area. No support. No consolidation in the past years. Nothing. Zero!
- There's not many roads right now, or we bounce with a magical pump to fake everyone, or we dip to 13.5k - 10.5k.
- if a mid season bull run starts, wait for BTC walk away from the bearish trendline. Wait for a breakout (21,5k$) and a strong weekly candle closing upper from that price.
- i really recommend you to stay outside markets for now.
- The best strategy right now is to DCA Buy with strict prices zones orders.
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Resuming
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Bear Mode
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Buy zone 1 : 13500$ (25% of capital)
Buy zone 2 : 10500$ (75% of capital)
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Bull Mode
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Buy Breakout : 21500$+
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TP : 47000$ ( don't try greed more )
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We learn from failure, not from success
Happy Tr4Ding !
Bitcoin Simple Strategy- The strategy is simple :
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- Buy when TOP.
- Sell when BOTTOM. 😂
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- Hope u got the Joke.
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- Everything is in graph.
- No matter how dip TheKing will go, don't be greedy.
- When they speak Bitcoin is Dead. the bottom is near.
- Focus on the long term.
- Fortune favors the Bold!
Happy Tr4Ding!
BTC Price Action- Quick update and not a price prediction, just to give a general idea.
- Timeframe is only H4 ( and i don't like too much small TF, lot of noise there)
- Just to monitor the PA between 72k$ ish and 60k$ ish.
- this PA could form a ranging consolidation to the next leg.
- if BTC dip again, the next support is around 50k$ ish.
- Keep things simples.
- I don't scalp, nor leverage, but if u want to gamble.
- First you need to know " Where to Gamble ".
- Don't forget Halving is very close.
- BTC Volatility will grow faster.
- BTC.D not yet maxed imo.
Happy Tr4Ding !
Bitcoin Halving Timeline- The next bitcoin halving is expected to occur in April 2024, when the number of blocks hits 740,000. It will see the block reward fall from 6.25 to 3.125 bitcoins.
- this is a different view of using Bollinger Bands, when Bands are drastically falling, Bullrun is starting.
- i took as timelines the older bullruns. ( 21 bars - 25 bars )
- Take it easy, logic is still a theory.
- Patience will reward.
Happy Tr4Ding !
BTC, lots of buying opportunities before it is too late.1. There is a beautiful channel in which BTC went back in. (the pinky red parallels).
2. There is soft stop at 65k and hard stop at 69k.
3. BTC will stay in the channel for a while.
4. Good buying options before it goes out of the channel.
5. Halving may push it upwards and break the channel.
The last but not least:
Anytime is good to buy BTC.
TheKing Now- Despite the avalanche of FUDs made by the SEC.
- BTC still on his way.
- Like i said before, we are still in bearmarket but in a kind of pivot to witch to bullmarket.
- i spotted this inversed H&S few months already.
- Now the time is to wait.
- let's first see if this pattern is respected.
- Concerning altcoins :
- They dipped fast as BTC.Dominance reached almost 50%.
- Just the normal way.
- Time to charge more alts bags.
Stay Safe!
Happy Tr4Ding !
TheKing Summer Time- Okay, so TheKing dipped around -20%.
- For some peoples it could means panic and the end of cryptos.
- For Veterans those kinds of "mini crash" are very commons.
- We saw already harder moves in 2019 ( White Circle )
- Now those corrections are more large simply because BTC price is higher.
- Actually the situation still looking much more better than 2019-20 ( Covid )
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- i used only ichimoku on weekly Timeframe to make this analyze.
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- Like always everything is in graph.
- Basically BTC got a first big resistance around 32k$. ( Flat Cloud ).
- Next potential resistances are around 43k$ and 48k$. ( Flat Cloud ).
- For now BTC bounced on Kijun and found a support around 25k$.
- The price is staying inside the cloud so it just means for now " indecision ".
- Kijun Line ( Red ) is starting to make a flat around 25k$, it could mean " Build Support ".
- on Weekly TF, ichimoku cloud crossed bullish.
- So to get more bearish movements we need 2 confirmations at least :
1 : BTC have to dip under the red cloud.
2 : Tenkan and Kijun have to death cross ( Kijun (red line) have to go on top ).
So for now, nothing is predicting a new low but time will speak.
Happy Tr4Ding!
Story repeats itself- i have to post this chart.
- it seems some peoples didn't get what i posted in one of my older chart.
- i will post this chart in comments.
- Remember this is not a price prediction.
- Everything is just about comparing the past and the present.
- in 2018-2019 BTC was fluctuating in bearmarket with 4 Digits.
- Now BTC is fluctuating in bearmarket with 5 Digits.
- We are evolving in a different trend.
- All in graphic and hope you get the idea.
Happy Tr4Ding !
Bitcoin Where to Buy- Everything is in Chart.
- Actually TheKing entered a a correction phase.
- We climbed for 4 Months Straight.
- This kind of retracements are just normal.
- if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$).
- if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$).
- The worst max pain dip would be around -78.6% Fibo (around 18.5k$).
- Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements.
-- imho we are still slowly turning to a bullish impulse.
-- Nothing confirmed that we will hit lowers prices for now.
Stay Safe !
Happy Tr4ding !
Simple Trick Bitcoin- One simple old trick to know when we are bullish or bearish.
- Use Ichimoku Kinko Hyo 1W-TF.
- Only use senkun span (SSA).
- Wait for BTC trend cross the Span.
- Jump in/Jump out.
- Always follow the river while trading.
- Don't waste your energy trying to counter Naturals movements.
Happy Tr4Ding !
Bitcoin S&RSupport & Resistance :
- When the two prices meet, consolidation between support and resistance.
- Called support and resistance reversal happens.
- A key concept of technical analysis is that when a resistance or support level is broken, its role is reversed.
- If the price falls below a support level, that level will become resistance. If the price rises above a resistance level, it will often become support.
- So you got the idea, trading is magic.
- Always keep in mind all scenarios.
- Sometimes just watch and don't gamble!
Happy Tr4Ding !