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Btcfutures

BTC! FUTURES POINTS TO BULLISH HALVINGHello traders. The futures market points a pretty picture for the halvening, which I recently obtained exposure to. If there's one thing you don't want to miss, it is the opportunity to trade an historic asset class supply cut. Please be safe and smart with this trade if you are levered. This may indeed be a case where being overlevered with a small amount of capital could produce...I am cringing as I write this...a moonshot...lol. Best of luck. If you are in need of an American exchange which has a maximum of 100x leverage, I recommend phemex.com (phemex.com CODE: C3K7M). If you do so choose to use this exchange, do so at your own risk. I am no financial advisor. Live long and profit friends. -zm
CME:BTC1!Long
by Z3R0Matrix
Bitcoin heading down for a retest and then... fly baby fly!Hi all, today I am using the CME chart as it's cleaner. I learned this from Eric Krown. The CME daily chart shows Bitcoin's break out from an ascending triangle. And as fate would have it, the measured move takes us to $10.5K, a critical level. BTC needs to break this level in order to reverse the trend from a downtrend to a uptrend. However, BTC is seeing resistance from the downward sloping trend line representing the top of the descending broadening wedge BTC's been in for almost 1-year. So, what happens next? I think that Bitcoin is going to retest the top of the ascending triangle and then make a move to $10.5K which I think it will break. Why do I think this? Because the Stochastic RSI is in overbought territory and the RSI and Money Flow are about to enter overbought territory. Whenever all 3 of these indicators line up like this, we see a correction in Bitcoin's price. So, I think that we'll see price correct to the top of the triangle which will cool off the indicators, and then BTC will resume its push to break $10.5. And when it does, well, given the descending broadening wedge, that suggests a break out target of $14K :-) Only time will tell and until then my friends... Happy trading!
CME:BTC1!Long
by LTSInvestor
1
Bitcoin, where are you going?Bitcoin has shattered the expectations of recent our recent charts. The bulls are in, and proof is in the chart and history. Taking a look at the 1W chart, the MACD is showing that it just began a long bullrun. Second, take a look at the green boxes. Whenever Bitcoin started moving up.. it kept going up. There is no time in its history where Bitcoin moved up which was interrupted by a massive sell off. Shorts vs Long: There are two ways of making gains here. You can short, buy back in with more capital for even greater gains (by percentage) or you can long this. It seems like we are heading into another summer bull run. It seems like Bitcoin is more and more of a safe haven, specially since China is trying to digitize their currency more and more. 3rd world nations are also going into Bitcoin as well, but as great as Bitcoin is, it will never replace Gold as THE safe haven asset. Targets: $15,000-20,000 Disclaimer: Bitcoin is a relatively new investment. Bitcoin like every stock, future, commodity is manipulated. With that being said, there is nothing stopping a massive sell off without warning. This is the risk to cryptocurrency. You can foresee stock market, fiat declines based on the health of the economy. The same can not be said about crypto. This chart has completed the bear market. It is showing a great bullrun, correction, and continued bull market.
COINBASE:BTCUSDLong
by WorldEconomics
2