BTC Bollinger Bands Signal an Impending Big MoveThe BTC Bollinger Bands have tightened significantly, indicating an impending big move shortly. For those unfamiliar, Bollinger Bands are a technical analysis tool used to measure volatility and identify potential price breakouts or reversals. When the bands tighten, it typically suggests that a significant price movement is on the horizon.
Given the current tightness of the Bollinger Bands, it is essential to exercise caution and carefully evaluate your investment strategy. This tightening often precedes a period of increased price volatility, which can lead to substantial gains or losses. Therefore, we should consider pausing any further BTC holdings until we have a clearer picture of the market direction.
While I am not advocating for panic selling or making hasty decisions, it is crucial to be aware of the potential sell pressure that may be underway for BTC. By remaining vigilant and closely monitoring the market, we can position ourselves to make informed choices and capitalize on any favorable opportunities that arise.
Please take some time to assess your current BTC holdings, review your risk tolerance, and consider the potential implications of the upcoming market movement. Additionally, it might be beneficial to consult with a financial advisor or engage in discussions with fellow investors who can provide valuable insights.
Remember, the cryptocurrency market is highly volatile, and it is always wise to approach it cautiously. We can navigate the market's uncertainties and maximize our returns by staying informed and making well-informed decisions.
BTCUSDC
BTC, which way will it be?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Also, check out the links in my signature to get to know me better!
BTC update
Got the move down, swept an old spike, then spiked.
The PA/degrees are sus though for the #Elliottwave.
Looking to play the model long cautious, due to potential W4/5 in the works.
Holding/adding longs.
Took prof/holding shorts.
Depending on PA printed.
Cheers
BTC Price Dips Below SMA 50 and 100 as They Go FlatOver the past few days, we have witnessed a significant decline in the price of Bitcoin, resulting in it falling below the Simple Moving Averages (SMA) of both 50 and 100. Furthermore, these moving averages have also started to flatten, indicating a potential weakening of the bullish trend we have been observing.
While it is important to remember that past performance does not indicate future results, this recent price action combined with the SMA indicators suggests a potential shift in market sentiment. As such, it may be prudent to pause and reevaluate your investment strategy before making further moves in the Bitcoin market.
I understand that Bitcoin has shown immense potential for growth in recent years, but it is equally important to exercise caution and carefully analyze the current market conditions. By taking a step back and assessing the situation objectively, we can better position ourselves to make informed decisions and mitigate potential risks.
In light of these recent developments, I encourage you to consider the following call to action:
1. Pause and Reflect: Take some time to analyze the current market conditions and reassess your investment strategy. Consider the potential implications of Bitcoin falling below the SMA 50 and 100 and the flattening of these indicators.
2. Research and Stay Informed: Stay updated with the latest news and analysis from reputable sources to comprehensively understand the factors influencing the Bitcoin market. This will help you make informed decisions based on a well-rounded perspective.
3. Consult with Experts: Contact trusted financial advisors or cryptocurrency experts who can provide valuable insights and guidance tailored to your investment goals and risk tolerance.
Remember, the cryptocurrency market can be highly volatile, and exercising caution and prudence in your trading activities is crucial. We can better protect our investments and potentially capitalize on future opportunities by taking a cautious approach during uncertain times.
Please do not hesitate to reach out if you have any questions or want to discuss this matter further in the comments. I am here to support you and provide any additional information you may require.
Opportunity: BTC Enters Accumulation Mode with MACD I wanted to share some exhilarating news that got me out of my seat. Brace yourselves because Bitcoin (BTC) is entering accumulation mode, and we have a golden opportunity knocking at our doors!
What does this accumulation mode mean for us? Well, let me break it down for you. As the Moving Average Convergence Divergence (MACD) indicator approaches, it strongly indicates that BTC is entering a consolidation phase, gradually building momentum for its next significant move. And guess what? This is the perfect time for us to investigate new BTC positions!
But wait, there's more! The Relative Strength Index (RSI), a powerful tool used to gauge the strength and speed of price movements, is coming out of its midpoint. BTC is gaining momentum and potentially gearing up for a bullish run. Can you feel the excitement building?
So, what's the call to action here? It's time for us to seize this exciting opportunity and dive into the world of BTC. This is the moment to investigate new positions, analyze market trends, and make informed decisions that potentially yield substantial profits. The accumulation mode combined with the MACD approaching and RSI on the rise is like a perfect storm of profitability!
I encourage you to roll up your sleeves, research, and explore the possibilities within this incredible market. Look closely at BTC's current price levels, historical patterns, and market sentiment. Engage with fellow traders, join insightful forums, and leverage the expertise of industry experts to make informed decisions.
Remember, the crypto market is ever-evolving, and opportunities like these don't come knocking every day. So, let's take advantage of this thrilling chance to potentially ride the BTC wave to new heights!
Bitcoin Hits Prior Peak Resistance Level at 31040As you may already be aware, Bitcoin has hit a significant resistance level at 31040, which is the prior peak resistance level.
While this development may seem encouraging initially, I would like to adopt a cautious tone and remind you to exercise vigilance in your trading decisions. It is crucial to consider the potential scenarios that may unfold shortly.
Given the current market conditions, it is worth mentioning that there is a possibility of a lower Bitcoin price drop to the previous peak support level at 27000. This level has historically acted as a strong support zone, and it would be prudent to watch any potential price movements in that direction.
As a responsible Bitcoin trader, evaluating the risk-reward ratio before making any trading decisions is essential. While the recent surge in Bitcoin's price is promising, it is equally important to acknowledge the possibility of a downward correction.
In light of this cautionary update, I encourage you to stay informed and closely monitor the market trends. Utilize the available tools and resources to analyze the market sentiment and make informed decisions based on your risk appetite and trading strategy.
Remember, timing is crucial in the volatile world of cryptocurrency trading. Keeping a close eye on the potential lower Bitcoin price drop to the previous peak support level at 27000 can provide valuable insights and opportunities.
BTC's Profit Potential: MACD Turns Positive on 4-Hour ChartWhile it is essential to exercise caution and conduct thorough research before making any trading decisions, this positive MACD signal suggests that the market sentiment for Bitcoin is shifting towards a potential uptrend. Notably, no indicator can guarantee future price movements and the cryptocurrency market is highly volatile. Therefore, managing your risk and considering your trading strategy carefully is advisable.
Considering the potential profit potential indicated by the MACD turning positive, I encourage you to closely monitor the Bitcoin market and consider adding new market orders judiciously. It is essential to approach this opportunity cautiously, ensuring a well-defined entry and exit strategy. Additionally, I recommend setting stop-loss orders to mitigate potential losses and protect your capital.
Please remember that the cryptocurrency market can be unpredictable, and it is always wise to seek advice from financial professionals or conduct thorough research before making any investment decisions. Stay informed about the latest market trends and news to make well-informed trading choices.
In conclusion, the recent positive MACD signal on the 4-hour chart indicates potential profit opportunities in the Bitcoin market. However, it is crucial to approach this opportunity with caution, carefully managing risk and adhering to your trading strategy. Remember that no indicator can guarantee future price movements and the cryptocurrency market carries inherent risks.
Consider adding new Bitcoin market orders based on the positive MACD signal on the 4-hour chart. Ensure you have a well-defined entry and exit strategy and set stop-loss orders to manage risk effectively. Stay informed about the latest market trends and news to make well-informed trading choices.
argets Fibonacci Level of $30,960 - Seize the Momentum!Today, I bring you some exhilarating news that will surely ignite your trading instincts. Brace yourself, as BTC aims to conquer the upper grange target Fibonacci level of $30,960!
The recent market movements have been remarkable, with BTC surging past several resistance levels and demonstrating bullish solid momentum. As we analyze the charts and indicators, it becomes evident that the current market conditions favor further growth in the short term. Moreover, BTC is positioned above significant EMA periods, indicating a promising outlook for potential gains.
Now is the time to seize the moment and capitalize on this upward trajectory. With BTC inching closer to the Fibonacci level of $30,960, it presents an exceptional opportunity to maximize your profits. By closely monitoring the market and strategically planning your trades, you can ride the wave of momentum and potentially reap substantial rewards.
I encourage you to embrace this encouraging market sentiment and leverage your trading skills to make the most of this favorable scenario. Remember, successful trading requires knowledge, analysis, and swift decision-making. Stay updated with the latest news, monitor the price action closely, and utilize your technical analysis tools effectively.
As always, exercising caution and implementing risk management strategies to protect your investments is crucial. While the market is showing positive signs, it is essential to remain vigilant and adapt to sudden sentiment shifts or unforeseen events.
In conclusion, the BTC market presents an exciting opportunity, targeting the Fibonacci level of $30,960. The momentum remains strong, and with BTC positioned above significant EMA periods, the prospects for short-term gains are highly encouraging. So, gear up, stay focused, and make the most of this favorable trading environment!
Tight Bollinger Bands Indicate a Promising Opportunity!As we reflect upon the significant rally Bitcoin experienced in January, we can draw some interesting parallels to the current market conditions. We then witnessed a similar pattern where the Bollinger Bands tightened, leading to a substantial surge in BTC value. This occurrence has piqued the curiosity of many experts, suggesting the possibility of another significant rally shortly.
For those unfamiliar, Bollinger Bands are a widely used technical analysis tool that helps traders gauge market volatility and potential price movements. When the bands tighten, it indicates a period of consolidation and reduced volatility, often followed by a breakout or a significant price movement.
Now, you might be wondering, what does this mean for us as Bitcoin traders? It presents a compelling opportunity to consider increasing our BTC orders and capitalizing on the potential rally that may lie ahead. By recognizing the patterns and trends in the market, we can position ourselves advantageously to ride the wave of success.
Considering the current market sentiment and tightening Bollinger Bands, it is an opportune time to evaluate our trading strategies and consider taking action. Here's a call to action for you all: let's analyze our portfolios, reassess our risk appetite, and consider potentially placing additional BTC orders to benefit from the anticipated rally.
Remember, successful trading requires knowledge, strategy, and timing. By staying informed and proactive, we can position ourselves to seize market opportunities.
To further enhance your trading experience, I encourage you to explore various resources, attend webinars, and engage in discussions with fellow traders. Sharing insights and learning from each other's experiences can significantly contribute to our success as a community.
As we embark on this potential rally, let's approach it enthusiastically and positively. The Bitcoin market is known for its volatility but offers incredible rewards to those who dare to seize its opportunities.
Bitcoin and Symmetrical Triangle🚩(15-Min)⏰Bitcoin has managed to form a Symmetrical Triangle Pattern in the last 24 hours.
Since the symmetrical triangle is considered a continuation pattern most of the time, But we must be ready for both movements. In case of breaking any of the symmetrical lines, we must expect Bitcoin to move up to the Top or bottom of the Rectangle Pattern .
What do you think❗️❓
Which of the lines of the symmetrical triangle pattern will Bitcoin break❗️❓
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin The Upcoming Supply Shock ETF / Treasuries
The Bitcoin Illiquid supply vs Exchange Supply is at 15.2M BTC 78.3% of circulating as of June
It's very true we can't guarantee how many coins in the total supply are actually lost since the Genesis block but a rough number has been floating around that it's near 10+ million.
Let's run this math on Bitcoin with the supply today sitting at 19.4M
Reduce that by 10 Million
9,415,993 supply left
Bitcoin treasuries (companies) roughly 600,0000
8,815,993 supply left
Why not let's take the coins on exchanges off and average it around 2,000,000 coins
6,815,993 supply left
$31,100 puts Bitcoin at a $211.8B market cap.
If Bitcoin had a market cap of $602.0B, 1 BTC would be worth $88.3k
with the supply adjusted to lost Bitcoin.
If Bitcoin had a market cap of $1.2T, 1 BTC would be worth $179.4k, an upside of 293%
Now why are all the giant funds rushing to file for a spot BTC ETF? and why have x2 leveraged ETFs been allowed on the market?
Global retirement assets alone measured in 2020 around 60 trillion
Let's just say these spot ETFs get accepted and 5% of 60 trillion gets allocated to Bitcoin you know because Bonds / Real-estate are breaking.
That would put 3 Trillion into the Bitcoin market
If Bitcoin had a market cap of $3.0T, 1 BTC would be worth $445.1k, an upside of 11x
When times changed in the 1970s gold had a similar reaction.
People might be wondering what happens if Bitcoin's market cap overtakes gold with the lost supply / cold storage adjusted.
If Bitcoin had a market cap of $12.0T, 1 BTC would be worth $1.8M, an upside of 54x
(note this is estimated based on all current and past data and will have minor errors).
My data comes straight from leading high-end intelligence sources.
The year is 2023 the United States government still decides to own 204,013 Bitcoin.
Leading institutional ETF's on US markets will allow not only internal allocation (Blackrock) but will open the ETF market to the entire global financial system.
This may very be the end of Bitcoin large down turns and the new norm will be putting your name on a list with your investment firm or bank to promise allocating you Bitcoin from miners before it hits the market, during this ETF period the panic and ability to acquire Bitcoin is going to be unparalleled.
Why am I confident ETF's will be approved? future ETF's including x2 leveraged ETF's are used to hedge and manage risk that is necessary to allocate and run spot ETFs.
"although workers produce things for the market, market forces, not workers, control things. People are required to work for capitalists who have full control over the means of production and maintain power in the workplace"
Karl Marx
ATTN Bitcoin Traders! Fibonacci Resistance Levels Unveiled 🚀Brace yourselves because we're about to dive into the fascinating world of Fibonacci resistance levels and their correlation with Bitcoin's recent movements.
You might already be familiar with the Fibonacci retracement levels, but did you know these levels can also act as resistance points for Bitcoin's upward trajectory? It's true! The two significant Fibonacci levels that often come into play as resistance for Bitcoin are 0.382 and 0.618. These levels have been observed to exert considerable influence on Bitcoin's price movements, making them vital indicators for traders like us.
You might wonder, "Why should I care about Fibonacci resistance levels?" Well, my friends, here's where things get exciting. The upcoming Consumer Price Index (CPI) report is just around the corner, and it can potentially trigger a significant move in Bitcoin's price. By setting our resistance targets based on the Fibonacci levels, we can position ourselves strategically to capitalize on this potential upward swing.
So, here's the call to action: Let's seize this opportunity and set our resistance target for Bitcoin's upward move based on the upcoming CPI report. By doing so, we can align our trading strategies with the market forces and potentially maximize our gains. Remember, the Fibonacci levels at 0.382 and 0.618 serve as crucial resistance points, and by setting our targets accordingly, we can confidently navigate the market.
I understand that trading can sometimes be a rollercoaster ride, but let's approach it with a positive mindset and a happy tone of voice! Together, we can make the most of this exciting opportunity and ride the Bitcoin wave to success.
So, dear Bitcoin Traders, let's gear up, dive into the Fibonacci resistance levels, and set our resistance targets for Bitcoin's move up based on the upcoming CPI report. This could be a game-changer for our trading strategies, and I genuinely believe that we can make remarkable gains with our collective knowledge and enthusiasm.
Is BTC on 40.000$ way ?We're here to share the latest information about the cryptocurrency market today. Bitcoin is trading at $30,389.72, an increase of 0.85% in the last 24 hours. This seems to be reversing the downward trend of Bitcoin in the last 7 days. However, cryptocurrencies are often volatile and prices can change rapidly, so it's important to manage your investments carefully.
In the coming weeks, it will be important to pay attention to the interest rate decisions of the Federal Reserve (Fed). A Fed meeting is planned for July 26, 2023, and important decisions about interest rates could be made at this meeting. Fed's interest rate decisions usually have a big impact on the economy and financial markets. For example, if the Fed raises interest rates, it usually increases the value of the dollar, which can cause Bitcoin and other cryptocurrencies to lose value against the dollar. However, this is not always the case and cryptocurrencies often move in different ways from traditional financial markets.
BTC Moving Average Remains Flatline with RSI Below 60Over the past few weeks, we have witnessed a rather unsettling trend in the BTC market. The moving average, a key indicator used to assess the overall direction of an asset's price, has been alarmingly flatlined. This lack of movement indicates a potential stagnation or absence of significant price momentum.
Furthermore, the relative strength index (RSI), a widely used oscillator that measures the speed and change of price movements, has dropped below the critical level of 60. This drop below 60 suggests the market sentiment has weakened, and BTC may be losing its upward momentum.
Given these indicators, we must cautiously approach the current BTC price action. While the cryptocurrency market is volatile, the prolonged flatline in the moving average and the declining RSI should not be taken lightly. This situation demands carefully evaluating our trading strategies and risk management techniques.
Therefore, I urge you to reassess your positions, review your stop-loss orders, and consider implementing tighter risk management measures. As traders, we are responsible for adapting and responding to changing market conditions, and this moment calls for heightened vigilance.
Please remember that no single indicator can predict the future with absolute certainty. However, considering the current BTC price action with the flatline moving average and the dropping RSI, we can make more informed decisions and navigate the market more cautiously.
Stay informed, stay vigilant, and remain focused on protecting your capital. Together, we can weather these challenging times and emerge stronger.
If you have any questions or need further guidance, please comment away.
Urgent Notice: Bitcoin Price Dips Below SMA 50 and SMA 100As you may be aware, the Bitcoin price has recently dropped both the Simple Moving Average (SMA) 50 and SMA 100 below, indicating a potential shift in market sentiment.
The current state of the Bitcoin market demands our utmost attention and prudence. Acknowledging the significance of these indicators is crucial, as they often serve as reliable signals for assessing market trends. While we cannot predict the future with certainty, it is essential to exercise caution and evaluate the potential implications of these technical indicators.
In light of the Bitcoin price dipping below the SMA 50 and SMA 100, we strongly advise you to pause your trading activities temporarily. Taking a step back during uncertain market conditions can help protect your investments and minimize potential losses. By refraining from trading now, you can gain a clearer perspective on the market's direction and make informed decisions based on a more comprehensive analysis.
We understand that pausing trading can be challenging, especially when the market is filled with excitement and opportunities. However, it is crucial to prioritize risk management and the preservation of your capital. By temporarily halting your trading activities, you can avoid making rushed decisions driven by emotions and ensure you are well-positioned to capitalize on future opportunities.
As seasoned traders, we know that patience and discipline are the key ingredients to success in cryptocurrency trading. Taking a cautious approach during uncertain times demonstrates your commitment to long-term profitability and sustainability.
Please remember that this email serves as a friendly reminder, not as financial advice. It is always recommended to consult with a qualified financial advisor before making any trading decisions.
In conclusion, we urge you to take a moment to reassess your trading strategies and consider pausing your Bitcoin trading activities temporarily. Doing so can protect your investments and navigate the market with a clearer perspective. Remember, during challenging times, the most successful traders rise above the rest.
Bitcoin Opportunities: Identifying the Next Entry for PositionAs passionate advocates of Bitcoin's potential, we must stay informed and seize opportunities when they arise. Today, I would like to discuss an essential technical indicator that can help us make informed trading decisions and maximize our Bitcoin positions.
Recently, Bitcoin's Relative Strength Index (RSI) has been a topic of interest among traders. The RSI is a widely used momentum oscillator that measures the speed and change of price movements. It provides insights into whether an asset is overbought or oversold, allowing us to identify potential entry points for trading.
Bitcoin's RSI has reached a value of 55, indicating a relatively neutral position. While this may not signify an immediate buying or selling signal, it is a valuable indicator for future movements. As cautious traders, we can leverage this information to our advantage.
Considering the historical patterns and trends observed in Bitcoin's price movements, an RSI of 55 has often preceded significant upward momentum in the past. By strategically adding Bitcoin positions when the RSI hits this level, we can capitalize on upward price movements and maximize our gains.
Therefore, keep a close eye on Bitcoin's RSI and consider adding to your BTC positions when it reaches 55. However, it is essential to exercise caution and conduct thorough research before making any trading decisions. Remember, the cryptocurrency market can be highly volatile, and it is crucial to manage risk effectively.
In conclusion, Bitcoin's RSI of 55 is a potential entry point for trading, allowing us to seize opportunities and maximize our Bitcoin positions. We can make well-informed decisions that align with our long-term goals by employing a cautious approach and conducting a thorough analysis.
Stay vigilant, stay informed, and let's continue to support the growth and adoption of Bitcoin together. If you have any insights or thoughts regarding this topic, please feel free to comment. Let's keep the conversation going!
BTCUSD range trading (4H analysis)As we can see on the chart, the price remains in the range. It looks like a consolidation before choosing the direction.
On 4h time frame it looks pretty good for bulls now as the negative momentum is fading and we are close to getting the bullish cross on MACD. However before the pump, we expect the price to go a little bit lower to retest the bottom of the range.
Entry, target and the stop loss are shown on the chart.
Risk - reward ratio: 3,76
Good luck