#BTC/USDT#BTC
Bitcoin price is still moving in the Side channel it is expected to walk through.
Price now 38088 $
The price is expected to bounce to the lower border of that channel at the price of 28,329 and bounce from it in the channel's income for a period of time
before completing the rise by breaking that occasional channel to the level of 68,000
What I expect next Between Jan to March 2024
Until then, the price is expected to respect those accidental powers.
Place buy and sell orders with Stop Loss
Take advantage of rebound zones, whether up or down
I wish you a happy trade.
Btcusdbuy
SOLANA going to hit 250$ AGAIN!Hello guys
BINANCE:SOLUSDT
The gray area(24-26$) is our risk-free entry point and the possible targets are as follows in order of probability and time to reach these prices.
$48
$69
$107
$138
$168
$211
$266
$467
Be sure to have a stop loss , which for me is around 21-23 dollars.
20$ INJ IS COMING SOON!Remember that it is never too late to buy and the market always gives you another chance to do so, maybe the second time will be less profitable , but it will definitely have less risk and loss .
For this currency BINANCE:INJUSDT , we are waiting for our second chance and then we will buy for higher targets.
Buying range
$9-10.5
Possible targets
$16
$20
$25
and less likely targets
$40
$65
Bitcoin Traders Cautioned as Whales Trigger Sharp Price DropContent: Bitcoin is experiencing its most significant drop in nearly a month, catching the market off guard on Monday, shattering the optimism, also known as "hopium," for continued price growth until the SEC approves the BTC spot ETF in January 2024. However, the sudden market downturn has left investors surprised, leading to this optimism being shattered, attributed to the "whale panic" caused by significant whale selling.
Daily Market Momentum Report: Bitcoin Whales Trigger Market Plunge
Bitcoin's price has nearly dropped below $40,000 in the last 24 hours, with contracts worth over $340 million liquidated in just a few minutes. Although the exact reason behind this collapse is uncertain, the primary cause seems to be whale selling. This is evidenced by the Coinbase Premium Gap (CPG) registering a sharp decrease to -250. Simply put, CPG is an indicator that tracks the difference between the Bitcoin price listed on Coinbase (USD pair) and Binance (USDT pair). It provides an idea of whether US-dominant investors (Coinbase) or global users (Binance) are buying or selling more than the other. Whenever this premium gap is positive, US investors are considered to be driving buying pressure, while negative values point to global users, creating selling pressure.
However, the significant drop in this index on Monday indicates whale intervention. This was further confirmed by the decline in reserves on the Binance exchange, noting the sale of around 16,000 BTC worth over $671 million accumulated over the past week.
This sell-off has caused panic among users, resulting in a 7% intraday trading drop, pushing BTC to a low of $40,654. Cryptocurrency has since recovered, trading at $41,839 at the time of writing.
Since the beginning of December, traders have been limiting exposure to high leverage in the derivatives market. The collapse on Monday may heighten this skepticism, causing traders to be cautious until January.
#BTC/USDT
#BTC
Bitcoin is trading in an upward trend to the 37000 $ level.
After the price broke the 27,800 $ level, which is a strong resistance level.
Once it was breached, the price went up after the bearish flag breached the major one.
We expect the price to rebound to test the 27,800 $ level to 31,000 $ again and proceed sideways at those levels until the beginning of 2024.
It is expected to break the 37,000 $ level, heading to the 68,000 $ levels, in the period from April 2024 to June 2024.
All of this is supported by significant momentum on Bitcoin.
A lot of positive news in the coming period
I hope the analysis helped you.
Bitcoin: "Gold on Steroids" with Institutional InfluxBitcoin has frequently been compared to Gold over the years. Initially deemed a "safe haven" similar to Gold, analysts are currently evaluating these two investments to determine if Bitcoin meets the criteria as "Gold on steroids." Relative returns are adjusted for the risk of Bitcoin compared to Gold.
Over the past 5 years, up to November, Bitcoin's Sharpe Ratio has competed favorably when compared to Gold and other proven asset classes in the market. The Sharpe Ratio is defined as the difference between the return of an investment and the risk-free rate divided by the standard deviation of the investment. Simply put, the Sharpe Ratio adjusts performance for risk beyond what investors would bear for a specific asset. Jurrien Timmer, Global Macro Economic Director at Fidelity, notes that Bitcoin's correlation with the S&P 500 (+40%) is higher than that of Gold (+14%) over a 5-year period. However, the correlation between BTC and the US stock market has decreased over the years and is lower than most asset classes.
Over the past 12 months, the correlation between BTC and the S&P 500 has decreased from 40% to 25%. Timmer argues that Bitcoin is more volatile than most other assets, but the volatility impacts both ways, and BTC investments have their own risk-reward characteristics, as seen in the past decade.
According to a CoinShares report, institutional investors continue to pour money into Bitcoin funds, with a weekly inflow of $132.8 million as of December 4th. At the time of writing, the price of Bitcoin is $44,162 on Binance.
Bitcoin Price Could Drop to $42,000Bitcoin price faces potential decline
Bitcoin is currently trading at $43,241 after failing to surpass the $44,500 level, leading to minor adjustments. While broader market prospects suggest an upward trend at the time of writing, the short-term picture leans slightly towards a downward trajectory.
This is evidenced by the Moving Average Convergence Divergence (MACD) indicator. The diminishing green bars indicate a weakening upward trend, implying vulnerability to a Bitcoin price drop.
However, BTC is likely to drop back to $42,000 or even $40,000 if the previously established support levels are breached. This is a short-term scenario, pending a stronger-than-expected NFP report. Yet, if the report is weaker or broader market signals turn bullish, a recovery from the $42,000 level becomes plausible. This would propel an upward movement, pushing Bitcoin prices beyond $44,500 and negating the bearish outlook.
#BTC/USDT Price forecast, Another 100% Accurate Setup!#Bitcoin : Yet another precise chart, pointing to $42,800, and are we headed lower? Unlikely, though not impossible.
The dips are consistently being bought, showcasing resilience in the market.
The Bulls remain steadfast, refusing to surrender. Bitcoin appears to be crafting a bull flag as we speak. Caution is advised against adopting a bearish stance at this moment. Though there's supply above $45k, FWB:48K could be on the cards.
I'm spot-long for the next two years.
It's a strategic move, and my confidence in the potential is unwavering.
Curious to hear your thoughts on the current market dynamics.
DYOR, NFA
Do boost this chart if you like it.
Cheers! 🚀
#Crypto
XVS Surges by 146%, Reaching $11.92! 🚀🚀In a remarkable turn of events, the cryptocurrency XVS has experienced an extraordinary surge, catapulting by an impressive 146%. The current price stands at a notable $11.92,
marking a significant milestone in XVS's bullish trajectory. This surge has captured the attention of traders and investors alike, underscoring the cryptocurrency's potential for substantial gains. Stay tuned for further market insights as XVS continues to make waves in the dynamic world of digital currencies. #XVS #CryptoSurge 📈
BTC Surpasses SMA 100 – Time to Go Long and Aim for $45k! I couldn't contain my excitement any longer, so I had to drop you a line and share the good news: BTC has successfully crossed above the SMA 100! 🚀
Now, before we dive into the details, let's take a moment to celebrate this significant milestone together. 🎉 It's moments like these that remind us why we love being a part of the crypto community – the thrill of witnessing the market's growth and the opportunities it presents.
So, what does this mean for all of us? Well, my friends, it's a clear indication that the trend is strongly in favor of BTC's upward movement. The SMA 100 is a widely followed technical indicator, and BTC's triumphant rise above it signifies a potential bullish trend ahead.
Now, here comes the exciting part – the next target for BTC is set at an impressive $45,000! 🎯 This implies that there is still a considerable upside potential for those who decide to go long on BTC at this stage. The market is showing promising signs, and it's time to seize this opportunity for potential gains.
I encourage you all to consider taking a long position on BTC, capitalizing on this upward momentum. Remember, timing is key, and this could be an excellent chance to ride the wave as BTC continues its ascent towards new heights. 🌟
As always, please ensure that you conduct thorough research and analysis before making any investment decisions. Markets can be unpredictable, and it's essential to stay informed and make informed choices.
If you have any questions or would like to discuss this further, I'm here to help. Feel free to reach out to me via a comment below, and let's navigate this exciting journey together.
Wishing you all a fantastic trading experience ahead!
P.S. Don't miss out on this golden opportunity! Grab your chance to go long on BTC and aim for that $45k target! Stay ahead of the game and make the most of this bullish trend. Happy trading! 📈🚀
Power of BTC: A Game-Changer in the Era of Gold Manipulation I want to share with you an exhilarating opportunity that has the potential to revolutionize the way we perceive and invest in assets. Brace yourselves because Bitcoin (BTC) is here to challenge the age-old dominance of gold manipulation!
For decades, gold has been regarded as a haven investment, immune to market volatility and manipulation. However, recent events have exposed the dark side of this precious metal, leaving traders like us searching for a more reliable and transparent alternative. Enter BTC, the digital currency that has captured the hearts and minds of millions worldwide.
Why is BTC preferred over gold manipulation, you ask? Let me shed some light on this:
1. Transparency: Unlike gold, which is subject to manipulation by powerful entities, BTC operates on a decentralized blockchain network. Every transaction is recorded and verified by a network of computers, ensuring transparency and eliminating the possibility of manipulation.
2. Accessibility: Buying and selling gold often involves dealing with intermediaries, such as banks or brokers, which can be time-consuming and costly. BTC, on the other hand, can be easily traded on various cryptocurrency exchanges, providing instant access to a global market 24/7.
3. Limited Supply: Gold's value has historically relied on its scarcity, but BTC takes this concept to a whole new level. With a fixed supply of 21 million coins, Bitcoin's scarcity is mathematically predetermined, making it an attractive long-term investment opportunity.
Now, here comes the exciting part! I encourage you to seize this opportunity and consider long positions on BTC. The recent surge in institutional interest and adoption of cryptocurrency is a clear indicator of the growing trust and confidence in Bitcoin's potential. By embracing BTC, we can collectively challenge the traditional gold market and create a more transparent and fair trading environment.
So, what are you waiting for? Join the Bitcoin revolution today and unlock the true potential of your trading portfolio. Long BTC and be part of a movement that is reshaping the financial landscape!
If you have any questions or need assistance in navigating the world of cryptocurrency trading, feel free to reach out with a comment. Together, we can make a difference and pave the way for a brighter future.
I wish you exhilarating trades and abundant success!
$BTC Price Prediction: $136,000 (8 Green Weekly Candles Signal)We know a bull run is coming, with ETF approval and institutional money adding to volume early next year. But how high could BTC go? Here's an educated guess:
We just closed 8 weekly green candles on Bitcoin.
You can't see the last time this happened in many TradingView exchange charts, because it was back in 2017, and most of today's exchanges weren't even around back then.
I had to look on INDEX:BTCUSD - dang, it's not working in this link, you have to type INDEX:BTCUSD into Supercharts, as they describe in the most complete Bitcoin trading history , to get to 17 April 2017, and count the eight green weekly candles to 5 June 2017.
This was a move of 156%.
After some consolidation, Bitcoin then went up in a bull run by 537%, to nearly $20k on 11 December 2017.
This is a ratio of 3.4x.
That's the ration for 156% for eight green weekly candles, followed by a 537% bullish move.
Our recent eight weekly candles from FWB:27K to $44k is an increase of 61.53%.
If we have a proportional bull move after some consolidation, 3.4x this 61% is 209%.
That brings us to $136k for the top of the incoming bull run.
This is all speculation, NFA, I'm just a dude on the internet, and I'm probably wrong. But these numbers look intriguing, and give me a plausible exit point for the trades I'm making today.
🌞 Shines on BTC - Upward Trend; $45,000 Next Target? A bullish sun 🌞 shines over most of the global crypto market in the next 24 hours, including Bitcoin and Ether, signaling further upside for cryptocurrencies. Binance Coin and Litecoin buck this positive trend with cloudy, bearish trading conditions ahead, ATTMO shows. ☁️
Over a one-week horizon, the sunny 🌞 upward trend will persist, although the price gains are likely to be smaller. Ripple’s XRP, Polkadot, and Uniswap will face bearish clouds over this longer time period. ☁️
Follow us for more crypto weather reports!
Spot Volume Drives BTC Rise – Time to Long!We are about to witness an exhilarating ride, and I don't want you to miss out on the opportunity to long BTC.
Spot Volume: The Driving Force behind Bitcoin's Rise
In recent weeks, Bitcoin's price surge has been primarily fueled by spot volume, which refers to the buying and selling of actual Bitcoin on cryptocurrency exchanges. This is a significant departure from previous rallies, where futures trading often played a more dominant role. Spot volume indicates a strong demand for Bitcoin from traders and investors who want to own the real asset, rather than just speculating on its future price movements.
Why is this important? Well, spot volume-driven rallies tend to be more sustainable and less prone to manipulation. They reflect genuine market sentiment and confidence in Bitcoin's long-term value. This shift signifies a maturing market and sets the stage for a potentially explosive upward trajectory.
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Now, more than ever, it's crucial to seize this moment and position yourself for potential gains. The spot volume-driven rally indicates a growing belief in Bitcoin's value proposition and its ability to act as a store of value and hedge against inflation. This sentiment is shared by both institutional investors and retail traders alike, creating a perfect storm for Bitcoin's ascent.
So, what's the call-to-action? It's simple – long BTC! Take advantage of this exciting market trend by strategically entering long positions on Bitcoin. With spot volume driving the rise, you can have confidence in the market's support and the potential for sustained upward momentum.
Whether you're an experienced trader or just starting your crypto journey, this is an opportune time to capitalize on Bitcoin's rise. Remember, timing is crucial in the world of trading, and spotting trends early can lead to exceptional profits.
Don't Miss Out – Act Now!
The crypto market is buzzing with anticipation, and the time to act is now. Don't let this thrilling opportunity pass you by. Take advantage of the spot volume-driven rally and long BTC to potentially ride the wave of Bitcoin's rise.
BTC Bulls Unleashed! 🐂 ☀️ 24-Hr & 1-Week; Positive Momentum!A strong bullish sun shines ☀️ over the global crypto market in the next 24 hours, indicating upside potential. Binance Coin bucks this positive trend with cloudy bearish trading conditions ahead, ATTMO indicates.
Bullish trading conditions will also prevail over a one-week horizon, with additional upside potential for altcoins as well as both major cryptocurrencies – Bitcoin and Ether. However, ☁️ bearish clouds will be appearing over Ripple’s XRP, Avalanche, Polkadot, and Uniswap over this longer time horizon. 📈🌧️
Follow us for more crypto weather reports!
Bitcoin Correction Anticipated: From $41,400 to $39,400Market analysis suggests a potential correction in Bitcoin's price range, with expectations ranging from $41,400 to $39,400. Investors are advised to monitor the market closely during this period, as corrections are a natural part of the cryptocurrency's volatile nature. Stay informed for strategic decision-making. #BitcoinAnalysis #MarketCorrection
Bitcoin Price Poised to Return to $45,000 LevelThe cryptocurrency analyst behind the handle X @rektcapital has evaluated the Bitcoin price trend and predicts that BTC could return to the $45,000 level before the fourth halving event, expected to occur in April 2024. The analyst notes repetitive trends in the past three cycles and anticipates a pullback to the $42,000 level after BTC reaches $45,000. The analyst has identified the $40,000 to $42,000 range as the most crucial for Bitcoin, marking it as the peak in the ongoing cycle. The analyst believes $36,300 is a medium resistance level, and BTC may find support in the $31,000 to $32,500 range. The current Bitcoin price is $41,725 on Binance at the time of writing. BTC has surged 10% in the past week, bringing nearly 4% daily gains for holders.
BTC Shows Positive Awesome Oscillator and RSI Signals!I am thrilled to share with you some positive indicators that have recently emerged for Bitcoin (BTC), which may present a lucrative opportunity for potential gains.
Firstly, let's talk about the Awesome Oscillator (AO). It is a technical analysis tool that measures market momentum, specifically the difference between the 34-period and 5-period simple moving averages. The Awesome Oscillator for BTC has been displaying a remarkable upward trend, indicating a strong bullish momentum in the market. This is a positive sign for those considering entering a long position on BTC.
Moreover, the Relative Strength Index (RSI) is another powerful indicator that measures the speed and change of price movements. BTC's RSI has recently shown a significant surge, crossing the threshold into overbought territory. This suggests that the buying pressure has been consistently strong, potentially leading to further upward movement shortly.
With these positive signals from both the Awesome Oscillator and RSI, it's hard not to feel optimistic about the potential for BTC's price to continue its upward trajectory. As traders, we need to seize such opportunities when they arise.
Therefore, I encourage you to consider taking a long position on BTC currently. However, as always, it is crucial to conduct your own thorough analysis and risk assessment before making any trading decisions. Remember, the cryptocurrency market is highly volatile, and it's essential to stay informed and exercise caution.
If you're interested in exploring this opportunity further, I recommend keeping a close eye on BTC's price movements and monitoring any additional positive indicators that may emerge. Timing is key, so be sure to stay vigilant and act accordingly.
I hope this news brings a smile to your face and ignites a spark of excitement within you. Let's make the most of this potential opportunity and continue to navigate the cryptocurrency market with enthusiasm and positivity!
Wishing you happy trading and successful ventures ahead!
Bitcoin Hits Target Range: From $27,800 to $40,900🚀🚀🚀Exciting news for Bitcoin enthusiasts! As anticipated, Bitcoin has successfully achieved our projected targets, soaring from $27,800 to an impressive $40,900. This remarkable performance underscores the cryptocurrency's resilience and potential for substantial gains. Stay tuned for further market insights and potential opportunities. 🚀 #Bitcoin #CryptoSuccess