Hello colleagues! We decided to present our thoughts on the cryptocurrency market in the form of trades! We will number all trades and after some time we will analyze all our trades and determine their effectiveness. How do you like this format? Write in the comments! Today, the price of BTC updated the local lows of August 1st. This happened at low...
After the failure of its upward trend, Bitcoin met the support of $26,000, and now this level of $26,000 has become a resistance, and the points close to $25,000 are very important for support, and if it loses $22, $19,000 we will see #Bitcoin #BTC
BTC.D (1D) *BTC dominance was chosen to review due to a high level of manipulation and erratic price movements in crypto* ALT SEASON?! well, no, now just hold your horses.. and probably your pants. USDT.D is showing strength at the same time (chart will follow) Price Chart Firstly and most notably is the recent break of the midpoint (Red Solid) of the...
If you enjoy this analysis, please like and follow. Ever since BTC fell through the 2023 bull-market support line, things area looking bad for the market. I've made several bearish bets recently, which have been playing out great. Some investors like to flip-flop their bias constantly, but it's much more beneficial to approach the market from a IF-THEN...
Hello, Community! I hope you remember our last MIL:BTC analysis where we told about the bear market continuation. It's so important because we should understand in which direction to trade. Global time frame analysis allows short term traders to chose the sniper entries at the local one. As we mentioned before now Bitcoin is printing the wave 1 in wave 5 of...
Traders, I haven't yet received complete confirmation that this is the bottom of this pullback, but I have one indicator that has caused me to at least start my DCA here and that is seen on our RSI. We have now touched the top of our downtrend channel for a patented classic retest. Could we drop further? Of course. But that is also why this may just be the...
🚩Bitcoin seems to be forming a Contracting Triangle . 🔔I expect point E of the Contracting Triangle to complete after the next Zigzag correction is completed, and then Bitcoin will start to fall to the lower line of the Contracting Triangle. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Bitcoin’s...
General Market update focusing on Bitcoin. Bitcoin breakdown is still not being supported with significant spot buying as the March dump was, overall volume is low. ETH looks much worse however has the ability to gain some local levels and move higher. Both BTC and ETH are ranging and building liquidity. The SP500 and the Nasdaq are still rallying and have the...
The price action in Bitcoin has been relatively muted for the past three days, and Bitcoin has stayed near $26,000 most of the time. During this period, there has not been any significant change in the number of wallets with holdings exceeding 100 BTC in balance; the same applies to wallets with holdings exceeding 1,000 BTC. As a result, we keep speculating that...
In the world of cryptocurrency, Bitcoin has always held a commanding position as the pioneer and leader. However, recent market dynamics have signaled a notable shift in the landscape, with Bitcoin's dominance could drop from 53% to 43%. This could open the doors for altcoins to shine
Hey traders this is the 1 hourly timeframe chart of Bitcoin where first it falls down almost 10% in day but now it is trying to hold 26000 zone but if it breaks then 25000 and below this level it will start Boom Boom.
The recent significant whale move in the Bitcoin market, particularly involving the address 31pCdkyF6Ep8UkzpkWpv3SMbY3C5s7VhXL, raises concerns about potential downside risks for the cryptocurrency. Here are the key factors that might signal a bearish outlook for Bitcoin: Market Manipulation Speculation: The sudden deposit of 4,451 BTC (worth $133,689,815 USD) to...
The Bitcoin price doesn't have enough momentum to rise unless it falls further and attracts whales and buyers. It's likely that BTCUSDT will continue to decline and trade within a range in the coming weeks.
If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn. I see this as an ultimate buying opportunity. Pros: recession is likely to happen crypto needs much more accumulation for a good bullrun than it has now I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations...
Drawing fib extensions from cycle lows to cycle highs reveals that, historically, the 0.786 weekly reclaim represents a massive buy opportunity. The trade is not active until a *weekly close* above the 0.786 at $17,284.2 takes place. GLHF 🤝
Hello trader! Today I have a new idea for you. Like and subscribe to the channel, there is a lot of useful information.✅ Again we get a powerful FUD and again the market reacts with a strong fall, there is nothing unusual, we work further friends Attempt #2! I try again to take a long, but more positionally. I act in the usual way for myself, I will arrange a...
My previous posts were showing the scenarios of a fall to 29500 then 28500 then 25000. So we are on the 25K side, and I told we will need a further analysis to know what to expect. so here is a speculative first one: From my humble perspective, I'd say bears took the command since last week, I can see that from my weekly chart finally. So I doubt we will see...
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out. Why am I reminding you of this? Well, because despite the recent liquidations, we are still in a CRYPTO BULL...