BTC CRITICAL POINTS on the MARKET CAPThe next target of bitcoin in the market cap is set to 799.094B.
However, if the weekly candle closes below the 514.555B there's a high probability of a dump.
BTC trade ideas
MARKET cap BTC chart ://very useful to help tune out btc dramaThis is the btc market cap chart and the chart b4 this on crypto market minus btc. Those 2 charts r very useful especially when a lot of drama or volatility, hype, whatever... with the market just look at these raw market cap numbers to tell you what direction the market is going as a whole/macro view.
I hope everyone has been getting in position for this run. try not to get spread to thin and never be scared to take profits. IDK about you all but we r ready to see btc hit 40 to 50 k as this market melts faces over the next 6 months. we still think we will see a bit more re trace down to 26k with a touch of 24500maybe then look out... bull run on
the following is a discussion about alts, shit coins and not getting spread to thin and i think very relevant when developing a plan and trading style as we enter this bull run.
@rosscepp, srry no disrespect and not a big fan of that term. WE see alts as a way to make quick profit and transfer it to the long holds we truly believe in. In this space every project seems life changing and amazing so we found it was way to easy to get spread to thin. The other problem we would have is something we really liked would pop 30 to 50 percent whatever and we wouldnt regularly take profits, sometimes even buying more/the top just to watch the re trace and somehow go from making 30 percent to loosing money. Something like this we will swing trade on or take a small position with intention of taking profits to redirect to our main HODLs BTC ETH aside ALGO ADA CEL or and a small % of our portfolio on longer shot higher reward projects like rite now RFI PHROPHET LOOM INJ DDIM n a few more.
keep in mind we built it up to this point where we could take profits and try some long shots while re enforcing r main picks. Honestly there r so many great things happening in this eco system but this is what has worked for us. In the end i believe everyone needs to developed their own trading style. Like if u cant actively manage ur bags and r more an investor look to buy the dips instead of scalping etc. You will never consistently sell the top and buy the perfect bottom but not being scared to take profits while actively tryn to not get spread to thin has worked wonders for us. The day we stopped tryn to get rich from one trade is the day we finally started to consistently make money. JUST NEVER be scared to take profits in crypto. IF its something u are on the fence about ie not 110 percent love the project but dont want to completely jump ship a good strategy for us has been to pull the initial investment and only leave r profit or some combo like this.
Thank you for the comment i hope this somewhat helped with at least our plan and perspective in this wild west of finance.
we started this as an experiment and r quickly growing. we r expanding this platform and bringing on some strait hustlers that are again newer to crypto but not the markets or the hustle. As we grow we value all input, comments, and advice on direction as we expand our free network and shore our journey with this growing community.
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BTC/BRK.B By Market CapitilzationA comparison of Bitcoin and Berkshire Hathaway B, with dates marking when Warren Buffet made various statements about Bitcoin
BTC Bearish ForecastBTC in the 4H, -price is hovering in a cloud somewhat strained by the McGinley support reported by the 45.76 RSI.
n' indicates a bullish sentiment, so price in theory should go up for supply 440.
Bias is 386, and 403 is alright for a target.
*So, how do I deal with haters? --I hate them too, -and, understand his parable before you teach it :)
Many Pips to you and All the best.
K.
At this profile page, the shared analysis, ideas and also, the strategy of a chart belong to Khiwe. The technical set-ups are speculative, they are not guaranteed for accuracy or in completeness in the form of any content; -it is not to advice on financial markets. Please apply your own analysis and confirm it with price action.
Bitcoin to the moon!Bitcoin has been pumping ever since it has been going mainstream to the public eye. I expect a small pullback before it continues to grow as more and more investors seem to be heading into the market as well as instituions. Cryptocurrency is becoming more and more mainstream. Trade what you see
GBTC, ETHE margins over xmasLooking at how GBTC and BTC moved over the xmas season, with Guggenheim placing $500M in GBTC, i.e. 18,057.22 BTC
Bitcoin market cap breaks $1T in July 2021July 2021 Bitcoin market cap will break US$ 1 T.
Using a simple symmetrical triangle breakout target pattern.
New support level or now trading in a lower range?BTC has set a lower support level, or has just dropped into a lower range. For now is supporting the top of the range but we'll have to watch over the weekend to see which direction this goes. Consolidation at this new level? Seems that everyone believes in equities at the moment. Watching for a break out.
Are we back at a new support level or will we break down again?We seemed to inch up just over the range we've been consolidating in and have 'just' peeked over the range we've been consolidating in. Will this hold? Or will we fall back into the range as we have previously? Seems gold is shinier than bitcoin right now.
Consolidating in this channel or preparing to break out above?The momentum seems to be weak here as we consolidate in this channel. Do we break out above from here or test the support level below again? Or will we hang out until everyone gives up, break out above and then trigger FOMO buying?
Further downward momentum into support?BTC indicates underlying value of GBTC (not exactly 1:1 as GBTC is a 'representative' fund). Current trend is downwards into a range of support that has been touched several times recently.
BITCOIN ALL TIME HIGH ANALYZE! AFTER THE RISING WEDGE PATTERN FAILED AND THE PRICE IMPULSIVELY RISE AND BREAK THE ALL TIME HIGH PRICE
WHERE IS THE RESISTANCE?
WHERE WILL BITCOIN STOP AND DO HIS SECONDARY REACTION? (DOW THEORY)
IN HERE I WILL USE THE GOLDEN RATIO 2.618 OF XAY FIBONACCI EXTERNAL RETRACEMENT AND THE PRICE WILLBE STOP AT 371.707B
DISCLAIMER ON!
Bonfire built trend symmetry. BTC MARKET After finding true square to price, I built rings from midline to historical pivot tangents. After that , I used intersections and 45 degree lines to find possible trends and pivots to look for in the future. Mnay things not marked on this chart as it would get way over crowded. The curved trends show tell a story on it own. Long term bullish but many did not see that the market cap is already ATH.
#Bitcoin's Market Cap hit an All Time High this week!#Bitcoin's Market Cap hit an All Time High this week!
Even not reaching ATH in price (yet Smiling face with open mouth and cold sweat), due to the issuance of coins over the last 3 years (~3.5%/year) it was able to do it anyway!
Another metric that gives #BTC a bright future to come Slightly smiling face
BTC IS ALREADY AT 20K USD !!What we consider as a target to reach and the razor's edge separating us from the new bull run is actually only a decontestualized number. Indeed, if we look at the market cap, the BTC market already reached the ALL TIME HIGH of Dec 2017 as new btc were mined in the meantime.
BTC IS ALREADY AT 20K USD !!What we consider as a target to reach and the razor's edge separating us from the new bull run is actually only a decontestualized number. Indeed, if we look at the market cap, the BTC market already reached the ALL TIME HIGH of Dec 2017 as new btc were mined in the meantime.
