BITCOIN Welcome to the new cyclehi dear trader and investors
my prediction is black candels on my chart ...
The dollar is dying
You probably hear it all day long. The government is printing more money…
Congress is raising the debt ceiling…
The dollar is no longer backed by gold… or anything.
These are some of the reasons Robert Kiyosaki says the dollar is dying.
Like Robert Kiyosaki says…
“Wake up you guys. If you're saving US dollars, you're like the skipper on the titanic. You know they're going to have to print more and more and more and more all the time… This makes savers the biggest losers on planet earth.”
But here is what is fascinating… I know you will agree.
As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.
I’m going to say that again because it is so important. As the dollar gets weaker and weaker, Bitcoin and cryptocurrencies are getting stronger and stronger.
The giant hedge funds and investing firms are slowing their purchase of dollars and U.S. bonds...
They are now using their profits to buy cryptocurrencies.
The Wallstreet Journal reports that mainstream hedge funds are pouring BILLIONS of dollars into crypto. They go on to say that world famous traders including Alan Howard and Paul Tudor Jones are said to be increasing their trading in cryptocurrencies.
You know what that tells you, of course. We all see it. If all the major players are getting in on cryptocurrencies, you’d better too.
Btcusdbuy
Celebrating BTC's Remarkable Performance - Time to Long Bitcoin!Over the past few months, Bitcoin (BTC) has proven its mettle by outperforming Ethereum (ETH) by a staggering 20x! Yes, you read that right - an extraordinary twenty times! This remarkable achievement has left the trading community buzzing with excitement and presents an incredible opportunity for those who seek to maximize their gains.
Bitcoin has always been the trailblazer in the world of cryptocurrencies, and this latest feat only solidifies its position as the undisputed leader. Its unrivaled performance has not only captivated seasoned investors but also attracted a new wave of enthusiasts looking to ride the wave of success.
Now, you might be wondering, "What does this mean for me?" Well, my friend, this is the perfect moment to consider long positions on Bitcoin. With its unparalleled growth trajectory, BTC promises to be a lucrative investment opportunity for those who seize it. By going long on Bitcoin, you can potentially amplify your gains and capitalize on its extraordinary performance.
Don't let this incredible chance slip through your fingers! Join the ranks of astute traders who are already reaping the rewards of Bitcoin's unstoppable ascent. Whether you are a seasoned investor or just starting out, now is the time to take advantage of this golden opportunity.
To help you make the most of this exciting development, we have curated a collection of expert insights, market analysis, and educational resources on our platform. Access these resources to deepen your understanding of Bitcoin's potential and refine your trading strategies accordingly.
Remember, success favors the bold, and this is your moment to shine as a trader. Embrace the positive energy surrounding Bitcoin's exceptional performance and let it fuel your determination to achieve new heights in your trading journey.
So, my fellow trader, let's embark on this exhilarating adventure together! Long Bitcoin and set sail toward a brighter, more prosperous future.
💡 BTCUSD: Restore to 35000 markThe latest data from Coindesk reveals that Bitcoin is currently trading at $34,714.75 per BTC, marking a 0.82% increase in the past 24 hours. The cryptocurrency with the largest market capitalization has seen a significant drop, now standing at $26.82 billion, down 30.46% compared to November 3rd. Bitcoin's market capitalization stands at an impressive $687.71 billion, representing 51.65% of the total cryptocurrency market capitalization.
As of 12:50 PM, the total market capitalization is recorded at $1,342.19 billion, showing an increase of approximately $14 billion in the past 24 hours. However, the 24-hour trading volume in the market has decreased by 8.03% compared to November 3rd, reaching $32.47 billion.
It's worth noting that several other cryptocurrencies have also shown positive trends in the last 24 hours. For instance, Ethereum (ETH) has surged by 1.87%, currently trading at $1,827.85 per ETH. Popular cryptocurrencies like Dogecoin (DOGE) and Ripple (XRP) have also demonstrated signs of recovery.
BITCOIN - Keylevels - 2WBitcoin has been growing nicely for a few weeks, slowly but surely.
It brought 2x for many investors who accumulated in the 15-17k areas, let's not forget that many of them sold Bitcoin in the 35k area, so at the moment the price is standing still and a correction would be welcome to take over new liquidity from 25-28k or even 30-32k areas.
I am neutral at the moment, Bitcoin is capable of many beautiful things and even if we have a rising wedge, it can be invalidated if one day there is great news for the crypto.
BTC: Liquidity in uptrendU.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has wished Bitcoin’s white paper a happy anniversary. In addition to his playful remark about Bitcoin creator Satoshi Nakamoto dressing up in a Halloween costume, Gensler issued a stern warning to crypto firms, emphasizing the importance of complying with securities laws.
BTC - Macro 3D ChartThe chart is telling us that we do not need to push above 36k to get to 40k+ which I think we have hit the highs for this year now and that we will pullback and test the bottom trendline before Xmas and into Jan, if you are day trading this you need to be trading from the line at the bottom to the top if long and opposite for short, top to bottom, which is another reason I think we pull back now till the end of the year if 30k is breached!
BTC Tests Resistance at $34,800 – Time to Long Our beloved cryptocurrency, Bitcoin (BTC), is currently testing a significant resistance level at $34,800. This is a crucial moment that could potentially pave the way for a powerful bullish rally, and I believe it's time for us to jump on board and seize this opportunity!
The recent price action of BTC has been nothing short of exhilarating, with the cryptocurrency market experiencing a resurgence in interest and activity. Bitcoin has been steadily climbing, breaking through resistance levels and setting new highs along the way. And now, it stands at the precipice of a potentially monumental breakthrough.
Why should you consider longing BTC at this pivotal moment? Here are a few compelling reasons:
1. Breaking Resistance: Bitcoin's ability to test and break through resistance levels is a strong indicator of its bullish momentum. It signifies growing market confidence and a potential upward trend that could lead to substantial gains.
2. Positive Market Sentiment: The cryptocurrency market as a whole is experiencing a renewed wave of optimism and interest. Institutional investors, major corporations, and even governments are starting to recognize the value and potential of cryptocurrencies, particularly Bitcoin. This positive sentiment can drive the price even higher.
3. Technical Analysis: By analyzing various technical indicators, it becomes evident that BTC is currently in a favorable position for long trades. The support levels are solid, and the overall market sentiment is bullish, providing a strong foundation for potential gains.
Now, here comes the call to action: Don't miss out on this exciting opportunity to long Bitcoin and potentially ride the wave of a bullish rally. As traders, we thrive on moments like these, where the market presents us with a chance to make significant profits. By taking action now, you position yourself to benefit from the potential upward surge in Bitcoin's price.
Remember, as with any investment, it's crucial to conduct your own research and make informed decisions. However, the signs are pointing towards a potentially explosive move for Bitcoin, and it's up to us to capitalize on it.
So, let's seize this moment, fellow trader! Long Bitcoin and join the ranks of those who are eagerly riding the bullish wave. Together, we can navigate this exciting market and potentially unlock substantial profits.
If you have any questions, need further analysis, or simply want to discuss this opportunity in more detail, please don't hesitate to comment below. I'm here to support and guide you on this exhilarating journey.
BTCUSD CONFIRM TARGET 🎯Bitcoin (BTC) price has maintained an uptrend since early 2023. Although the bulls fumbled in September, they are back on track. While a further ascent is likely, BTC needs tailwinds, which may or may not come in the form of an ETF approval. On the contrary, the recent rally seems toppy and is likely to trigger a correction
Bitcoin Surpasses $35K Amid ETF ExpectationsBitcoin has experienced a significant surge in both institutional and retail investor activity, stabilizing around $34,000 after reaching its highest value since May 2022, surpassing $35,000. This marks a substantial 107% increase since the beginning of the year, driven by anticipations regarding the launch of exchange-traded funds (ETFs) and rising safe-haven demand.
Last week, Bitcoin transactions exceeded $100,000, often associated with 'whale' investors, reaching the year's high of $23,400. According to data from IntoTheBlock, this uptick coincided with Blackrock's (NYSE: BLK) ETF registration filing, likely fueling increased interest in Bitcoin among large investors and institutions.
The U.S. Securities and Exchange Commission (SEC) plans to approve several spot ETFs next year. This development has the potential to propel Bitcoin's market value to $42,000 or even higher.
Meanwhile, data from Deutsche Digital Assets indicates a growing trend in retail investor activity. The on-chain activity index for small entities reached a new yearly high of 1.5 last week, indicating increasing participation from small investors.
BTC Market Update: Raging On, but a Pullback May Be SoonWhile Bitcoin continues to showcase its unstoppable bullish momentum, it's important to keep an eye on the weekly Relative Strength Index (RSI) indicator. As you may know, RSI is a widely-used technical analysis tool that helps identify overbought and oversold conditions in an asset.
Currently, the weekly RSI for BTC has reached 70, a level that historically indicates overbought territory. This suggests that while the market sentiment remains overwhelmingly positive, a potential pullback could be on the horizon.
However, don't let this news dampen your enthusiasm! Bitcoin has proven time and again its ability to surprise us with its resilience and ability to defy expectations. This is why I encourage you to consider a long position on BTC, taking advantage of the current market trend.
Nevertheless, it's crucial to exercise caution and be prepared for a potential pullback in the near future. As experienced traders, you understand the importance of timing and risk management. By being aware of the RSI hitting 70, you can plan your trades accordingly and potentially capitalize on any price corrections that may occur.
In conclusion, the Bitcoin market continues to offer tremendous opportunities for profit. By going long on BTC while keeping an eye on the weekly RSI hitting 70, you can position yourself strategically and maximize your gains. Remember, successful trading is all about staying informed and adapting to market conditions!
Wishing you profitable trades and a conservatively happy trading journey!
Bitcoin Surpasses $35K Amid ETF ExpectationsBitcoin has experienced a significant surge in both institutional and retail investor activity, stabilizing around $34,000 after reaching its highest value since May 2022, surpassing $35,000. This marks a substantial 107% increase since the beginning of the year, driven by anticipations regarding the launch of exchange-traded funds (ETFs) and rising safe-haven demand.
Last week, Bitcoin transactions exceeded $100,000, often associated with 'whale' investors, reaching the year's high of $23,400. According to data from IntoTheBlock, this uptick coincided with Blackrock's (NYSE: BLK) ETF registration filing, likely fueling increased interest in Bitcoin among large investors and institutions.
The U.S. Securities and Exchange Commission (SEC) plans to approve several spot ETFs next year. This development has the potential to propel Bitcoin's market value to $42,000 or even higher.
Meanwhile, data from Deutsche Digital Assets indicates a growing trend in retail investor activity. The on-chain activity index for small entities reached a new yearly high of 1.5 last week, indicating increasing participation from small investors.
This upswing in both institutional and retail investor involvement underscores the escalating interest in Bitcoin as it continues its upward trajectory. The anticipated approval of several spot ETFs next year could further stimulate this activity and potentially drive Bitcoin's market value to new heights.
BTCUSD:Bitcoin has soared nearly 27% this month, marking its bi Furthermore, many altcoins are following BTC according to data provider ByteTree’s Market Width Index. This indicator measures the number of digital assets increasing compared to the decreasing number of coins.
Powered by CryptoCompare, the Market Width Index collects real-time data for over 5,300 digital currencies and categorizes tokens according to their trends on a scale of 1 to 5. A value of 5 means the coin is in a strong upward trend, and 0 means the coin is in a strong upward trend. A coin that is in a strong uptrend is in a strong downtrend.
At the time of writing, only 4.7% of tokens are showing a significant bearish trend, the lowest level since January. This shows that the market breadth is expanding and more coins are participating in the Bitcoin bull market.