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BTCUSDC

#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.
Long
by CryptoAnalystSignal
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.
BITSTAMP:BTCUSD
by Gwen_Humuna
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.
BITSTAMP:BTCUSD
by Gwen_Humuna
Bitcoin (BTC) Could Reach a Death Cross SoonThere is a deep concern regarding the current state of Bitcoin (BTC) and its potential impending death cross. As someone who genuinely cares about your trading success and financial well-being, I strongly urge you to pause your BTC trading activities and carefully consider the risks involved. For those unfamiliar with the term, a death cross occurs when the short-term moving average of an asset, typically the 50-day moving average, crosses below its long-term moving average, usually the 200-day moving average. This technical indicator is often regarded as a bearish signal, indicating a potential downward trend for the asset. Recent market analysis and indicators strongly suggest that Bitcoin is on the brink of experiencing this ominous death cross. Such a development could have significant implications for the cryptocurrency market as a whole, potentially leading to a prolonged period of downward price movement and heightened volatility. While it is true that the cryptocurrency market is inherently volatile, a death cross has historically been associated with extended bearish periods. It is crucial to exercise caution and consider the potential consequences before making any further BTC trades. The last thing any trader wants is to be caught on the wrong side of a significant market downturn. In times like these, it is crucial to prioritize the preservation of capital and adopt a defensive trading strategy. Instead of actively trading BTC, I encourage you to consider taking a step back, reassess your portfolio, and perhaps explore alternative investment opportunities until the market stabilizes. This temporary pause will not only protect your hard-earned capital but also provide you with an opportunity to evaluate the situation from a broader perspective. Remember, the cryptocurrency market is highly dynamic and subject to rapid changes. It is always wise to approach trading decisions with a level-headed mindset and seek advice from trusted sources. I strongly recommend consulting with a financial advisor or conducting thorough research before making any significant trading moves. Your financial well-being is of utmost importance to me, and I genuinely believe that taking a cautious approach during this potentially critical period is the wisest course of action. By pausing your BTC trading activities and focusing on preserving your capital, you will be better positioned to navigate the market's uncertainties and make informed decisions when the time is right. Thank you for your attention, and I sincerely hope that this warning reaches you in time. Please feel free to reach out if you have any questions or concerns in the comment section below. Stay vigilant and trade wisely.
BITSTAMP:BTCUSD
by bryandowningqln
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! 📈🚀
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin candles of Satoshi are entering the realm, you ready? Only when the dynamics of S/D , Hash rate, Difficulty, UXTO expanding, do Satoshi candles appear. i.ibb.co Beyond the black horizon, trying to take control See my girl, she shivers in her bones The sun and zenith rising, trying to take us all There's a fire between us So where is your God? There's a fire between us I can't get off the carousel, I can't get off the carousel I can't get off the carousel, I can't get off this world Beam me up, 'cause I can't breathe Spaceman I always wanted you to go Into space, man.
INDEX:BTCUSDLong
by FederalXBT
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.
BITSTAMP:BTCUSD
by Gwen_Humuna
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!
BITSTAMP:BTCUSDLong
by bryandowningqln
Bitcoin Eyes Upside MoveBitcoin (BTC) has breached the resistance level of $38,008, though not decisively, trading at $38,139 at the time of writing. There is still potential to extend towards the higher range at $38,414 or, in the case of a strong uptrend, reach $40,000. The Relative Strength Index (RSI) is moving upwards and is about to cross above the signal line (yellow band). Historically, each time this crossover occurs, BTC reacts with a bold upward move, interpreting this intersection as a buying signal. Similarly, the Awesome Oscillator (AO) indicator continues to hold in the positive territory, indicating that the bulls still maintain control despite strong downward price pressure. On the other hand, increasing selling pressure could push the price of Bitcoin down below the support level of $38,008 or, worse, test the support at $35,487. In a more severe scenario, a downturn could cause BTC to lose the confluence support between the horizontal line and the 50-day Simple Moving Average (SMA) at $33,912. Breaking and closing below this level would invalidate the bullish outlook, setting the stage for further downside towards the psychological level of $30,000.
BITSTAMP:BTCUSD
by Gwen_Humuna
3
Get Ready for an Exciting BTC Upswing! 🚀I couldn't contain my excitement as I analyzed the most recent weekly Bitcoin (BTC) chart, which hints at an imminent upswing that could bring substantial gains. So, buckle up, and let's dive into the details! As we all know, BTC has been consolidating within a wedge pattern over the past few weeks, exhibiting a narrowing range of price movements. However, the latest developments have me feeling particularly bullish about the future. The wedge is reaching its apex, indicating that a significant breakout is just around the corner! The beauty of wedge patterns is that they often precede explosive price movements, and this one seems no different. The narrowing range suggests that the market is preparing for a strong move, and history has shown that these breakouts can lead to substantial gains for those who seize the opportunity at the right time. Now, let's talk about the call-to-action that could potentially change the game for your trading portfolio. I strongly encourage you to consider going long on BTC to anticipate this upcoming upswing. By opening a long position, you position yourself to benefit from potential price surges and maximize your profit potential. Remember, timing is crucial in the world of trading, and this could be the perfect moment to take advantage of the market's momentum. As always, it's important to conduct your analysis and assess your risk tolerance before making any trading decisions. However, given the current market conditions and the promising wedge pattern, it's hard not to feel a surge of excitement about the potential gains that lie ahead! So, my dear traders, seize this opportunity and make the most of this potentially game-changing upswing. Keep a close eye on the BTC charts, set your entry and exit points wisely, and let's ride this wave together!
BITSTAMP:BTCUSDLong
by bryandowningqln
Interesting Events With ORDI Token. . Potentially the next move? ORDI is seen as the first BRC-20 test where the supply is 21,000,000 and the test mints were limited to 1,000. I have experimented with this like I did with the original NFT coins, Ordinals are seen as Artifacts on the blockchain which in theory makes perfect sense. You can hardcode your own artifact to the most secure computer network in the world. ORDI? you don't need any to create an artifact "Inscribing" but the Origin test tokens were in fact ORDI meaning if the "Inscribing" market takes off there will be major interest on the ORDI token. ORDI is almost like creating a future "poor mans bitcoin" the silver to gold. Worth it to buy a few if you can afford to lose it, pretty soon ORDI could be over $100 on the way to something like $3,000
INDEX:BTCUSDLong
by FederalXBT
BTC movement patternHi all) Doing an update on the structure. Now we observe the movement in sideways range on BTC - which is good fuel for altcoins) This model is shown to understand the most likely movement schematically) It makes no sense to analyze bitcoin on the timeframe below the daily, as narrow sidewall does not form anything interesting. There is an increase in volume over the last few days, as well as a rounding and a smooth increase in volume over the last three months. The price is pushing towards $25,000 and a lot of volume is being generated, but there is no result. This is very bad for a drop from the current levels. It is logical to put arrow there, because the main liquidity area is at 25k level) It is necessary to see the dominance growth for large scale growth of BTC. That is liquidity from alts or new money.
by CHOWTRADE
The biggest Ascending Triangle pattern I've ever seen BTC.D (note this is inverse meaning up = all non (btc) marketcap rising. If you invert the BTC.D I can't deny that the bounce here is pointing to a reversal in this asset class. Bitcoin can go to 10-20 trillion in market cap and still have a BTC.D that reverses. The Spot BTC ETF could be starting to spawn I hate to say it but a crypto v2 boom similar to the 1920s (roaring 20s). I've made post on here on how market cap is a terrible indicator for the amount of cash inside this asset class and you only need a few trillion of real currency to hit a large total market cap. How funny that random internet "coins" could have the potential to reach 20% of the market cap of the Total Market Capitalization of Public U.S. Companies. I still see most of the ecosystems in this system are beyond useless but then again why do people stay in terrible countries? they create villages and tribes and they isolate, it's almost like tribes and villages are spawning globally with the reserve asset being Bitcoin not Gold this time.
CRYPTOCAP:BTC.DLong
by FederalXBT
2
BTC Skyrockets Above $38,000! Seize the Opportunity to Long BTC Bitcoin (BTC) has just made an astonishing breakthrough, surging above the $38,000 mark! This remarkable jump can be attributed to a recent dovish comment made by the Federal Reserve governor, signaling a potential bullish run for BTC. The crypto market is buzzing with excitement as this significant price movement indicates a golden opportunity for those who are quick to act. Now is the time to capitalize on this momentum and seize the chance to long BTC, potentially reaping substantial profits in the process. The Federal Reserve Governor Waller’s dovish comment has sent shockwaves through the traditional financial markets, driving investors towards Bitcoin as a safe haven asset. With the ever-increasing adoption of cryptocurrencies and the continuous influx of institutional interest, BTC is poised for an explosive surge in the near future. So, what are you waiting for? It's time to ride the wave and take advantage of this exciting development. Here's your call-to-action: Long BTC now and position yourself to potentially reap enormous gains! Don't let this opportunity slip through your fingers! To assist you further, I want to highlight a few key indicators that support the bullish case for BTC: 1. Positive Market Sentiment: The recent dovish comment from the Federal Reserve governor has injected renewed enthusiasm into the market, boosting confidence among traders. 2. Growing Institutional Adoption: Major financial institutions, corporations, and even governments are increasingly embracing cryptocurrencies, which further solidifies BTC's position as a valuable asset. 3. Technical Analysis: Expert analysts predict that BTC has the potential to break through key resistance levels, paving the way for even greater gains. Remember, timing is crucial in the world of trading, and this moment is ripe with immense potential. As BTC pushes above $38,000, it's essential to act swiftly and strategically. Stay informed, keep an eye on market trends, and consider consulting with trusted experts to make well-informed trading decisions. In conclusion, the recent dovish comment from the Federal Reserve governor has set the stage for an exhilarating bull run in the Bitcoin market. This is your chance to join the ranks of successful traders who seize opportunities when they arise. Long BTC now and position yourself to ride the wave of extraordinary profits!
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin Surge Amid Stablecoin ShiftsBitcoin's price surged to a local high of $38,400 on November 24, before retracing to $37,300 at the beginning of Monday. According to Santiment data, the late October to early November price increase of this asset was driven by an increasing supply of stablecoins on exchanges. A similar outcome is expected as stablecoin dominance continues to decline. The rising mining difficulty contributes to network security, making it more challenging to launch attacks on the Bitcoin network. Adjusting the difficulty, along with halving events, ensures that the influx of new BTC into the market will gradually slow down over time. Therefore, the recent spike in mining difficulty is a significant milestone for the Bitcoin network. BTC's rise to $35,000 may be triggered by the increasing reserves of Tether (USDT) and USD Coin (USDC) on cryptocurrency exchanges. According to Santiment's data, from August 19 to October 16, 3.54% of the entire USDT supply and 0.72% of the USDC supply were transferred to cryptocurrency exchanges. Subsequent to these movements was a sudden surge in BTC prices. Santiment analysts believe that the return of USDT and USDC to exchanges, following a recovery period, will fuel Bitcoin's second bullish wave in 2023.
BITSTAMP:BTCUSD
by Gwen_Humuna
Bitcoin 4 dummies Greetings, I have been quiet, weather has been crazy over here. Anyway... here is my thoughts on BTC rn mateos. Although the king has looked to have changed structure, imo we are technically still bullish until we see a 4hr candle close under the simple trend line (Yellow).Targets have been set (Green boxes). I've told my boiz, I expect to see bitcoin at 18k before 40k (which i have now revised to 44.9k). Expect the unexpected, this time things are different and the world is changing rapidly. Remember, nothing is guaranteed, control the controllables. Mogues (#1 DumMy) Here's a song i'm listening to repeat whilst i lern open.spotify.com
by mogues
1
BTC Breaks Through $38K Support Target - Time to Go Long!BTC has just broken through the $38K support target, and it's time to take action and go long! The cryptocurrency market has been buzzing with anticipation, and today's breakthrough is a clear indication of the immense potential BTC holds. With this significant milestone, we can expect a surge in momentum and a potential bull run that could lead to substantial gains. Now, you might be wondering why going long on BTC is the right move at this moment. Allow me to shed some light on this. Breaking through the $38K support target strongly signals that BTC has the strength and support to continue its upward trajectory. It demonstrates renewed confidence from investors and a growing interest in the cryptocurrency market. By going long on BTC, you position yourself to benefit from the potential price appreciation that lies ahead. This breakthrough could be the catalyst for a sustained upward trend, which means there's a high probability of capturing significant profits. It's time to ride the wave and make the most of this exciting opportunity! So, how can you take advantage of this bullish momentum? Here's a call to action for you: 1. Conduct thorough market research: Before investing, it's crucial to analyze the current market conditions, consider recent trends, and evaluate expert opinions. Gather as much information as possible to make an informed decision. 2. Set your long position: Once you've researched and feel confident about BTC's potential, open a long position on a reliable trading platform. Ensure you set a stop-loss order to manage potential risks effectively. 3. Monitor the market closely: Keep a close eye on BTC's price movements, news updates, and any significant developments that might impact its value. Stay informed and be ready to adjust your strategy accordingly. 4. Consider diversification: While BTC holds great potential, it's always wise to diversify your portfolio. Explore other promising cryptocurrencies or investment opportunities to mitigate risks and maximize your chances of success. Remember, timing is crucial in the cryptocurrency market, and with BTC breaking through the $38K support target, now is the perfect moment to take action. Don't miss out on this thrilling opportunity to go long on BTC and potentially reap substantial rewards. Let's seize the moment and make the most of this bullish breakthrough together!
BITSTAMP:BTCUSD
by bryandowningqln
Bitcoin Price Targets Upside MomentumBitcoin's price is currently in an upward trend, starting in November 2022. The asset has surged from $15,700 to its local high of $37,991 on November 15, 2023. BTC may encounter resistance around the psychological level of $40,000 in its ongoing bullish trend. The Exponential Moving Averages (EMA) at 10, 50, and 200 days stand at $36,918, $33,848, and $29,590, respectively, potentially serving as support levels for the asset's pullback. In case of a downturn, Bitcoin's price could retreat to the 38.2% Fibonacci retracement level at $35,861, measured from the high of $69,121 in November 2021 to the local low of $15,396 in November 2022.
BITSTAMP:BTCUSD
by Gwen_Humuna
Bitcoin (BTC) Outlook Amid Regulatory ShiftsBitcoin's price continues to decline, but there's optimism following recent US Department of Justice actions that may pave the way for approving Bitcoin spot exchange-traded funds (ETFs). Analysts point out that one obstacle to approval is the dominance of the Binance exchange in the Bitcoin market, which has shown weakness, recording a 3% decrease for the day, particularly after news related to Binance. Testing a critical support level at $36,788, and with the Relative Strength Index (RSI) indicating weakening momentum, BTC may face a decline. Increasing selling pressure below the $36,788 support within the extended range from $36,276 to $37,301 could present an opportunity for an extended price drop, with experts predicting it could reach the psychological level of $30,000. Currently, the Awesome Oscillator (AO) bars have turned red and are inching towards the daily midpoint, suggesting a gradual bearish takeover. Conversely, rising buying pressure from investors looking to capitalize on the retest of the $36,788 level may push Bitcoin's price higher. Initially surpassing the local peak at $37,972, it could then test the higher range at $37,980 and ultimately achieve the psychological milestone of $40,000, representing a 10% increase from current levels.
BITSTAMP:BTCUSD
by Gwen_Humuna
1