The market is now trading on a completely different market structure than it was week or two ago.
Once we broke the 28-23k range and tap into the support support around 26k range Bitcoin now need to regain 35 and trade above it consistently to become bullish.
While bellow 35 it is expected to retest lows OR even actually continue with the macro downtrend set by...
In this video analysis you can find my USDX, XAUUSD, XAGUSD and BTCUSD short and long term predictions. Can BTC reach $300K in next uptrend? Please share your thoughts.
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for BTC.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
Taking a look at btc bitcoin it is currently re-testing a critical weekly low. Next port of call looks to be the $20k handle if we break under. Considering the fact that bigger players need liquidity we might see a pull back into previous levels of resistance before it sells off. Everything covered in the video, not financial advice.
BTCUSDT 30900 Weekly Update May15-22 2022 #20
The Next Macro sprt is the Q21ema at 22-20k as the M50ema target was hit 25-26k
The M50sma is at 21k±10%. So bears have to ladder position is advance.
Bulls need to ladder positions in advance at 21k±10% for buys
The Next resistance for the macro view is at 37-40k or the M21ema whichever one come first
Volume is...
The daily trend of bitcoin has not changed just yet but a daily close above 32658.99 be our indication to start looking to go long
Wait for the pullback to 30243.00 before looking at any entries to go long. While the market could break out you don't want to chase on the push phase of this potential turning point
Confluence support came on the 12th of May when we...
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it is our belief that USDT and lately USDC issuing contributed to the expansion of bitcoin price, in the same manner that M2 / fed balance sheet did contributed to SPX rise since long. henceforth, its currrent shrinking should cause BTC prices to fall alongside.
This market will mess with everyone's psychology. What an incredible time to buy! This is the time when you start to DCA into some major, well know crypto businesses and networks. I would be very careful who I own as regulation comes steamrolling in. I don't think this holds and I would be curious to see what happens in the stock market Monday morning. If it's a...
Hi All,
#BTC #BITCOIN
The video does all the talking and hence I run through a few scenarios around this area which are related to previous streams.
I have not checked the NASDAQ or SPX500 or DXY to confirm that its a reversal yet so we need the indicators as well as the bigger markets affiliation to feel this level or below is the right entry.
All the...
Review of the key levels in the major markets as the US continues to edge lower. CPI release spooked the market and saw the DOW futures dump 500 points ahead of the stock market open. Prices did bounce back into the open...in a strange sign of strength...before dumping again into the close. This created a fear based market as traders focus on inflation and a more...
May: Bitcoin going sideways but ALTS taking a serious beating.
April: BTC Dominance was going sideways but ALTS were taking the first beating:
So, i guess we were right trying to emphasize on Bitcoin and hedge with short positions on some altcoins (while still trying to buy others on support).
I think a good previous idea/post to read is this one:
What...
Hello everyone,
the current situation is something never seen before.
Every single level of support has been ignored by LUNA and the price went straight down to $1.
Everyone was expecting Luna to find level of support at a certain point however it seems like LUNA could easily go back to $0.--
Hopefully the situation is going to recover with time, stay...
