You are not optimistic enough about #BTC!The US presidential elections, held every four years, are completely compatible with the CRYPTOCAP:BTC mega bull cycle!
After the presidential elections held in 2012\2016 and most recently in November 2020, #bitcoin transitioned to the mega bull process!
The issue of high interest rates on the F
Key stats
About Bitcoin
Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.
Bitcoin | 50% Down vs 20% DownBitcoin is now trading at ~60,000, which is 20% below the All-Time High of 74,000.
➖ If Bitcoin were trading at 37,000, which is 50% below the All-Time High, this would be good before a major political event. We could say, "Bitcoin is trading pretty low already, the correction was really strong so
Sorry, I've started shorting bitcoinSorry, I've started shorting bitcoin
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 54203
Wish you good luck in trading to you all!
Bitcoin: Bullish Back To 64K?Bitcoin has rallied off the 53K support area as anticipated (read my previous article). I even explained my dollar cost averaging strategy particularly for this situation in my previous stream. If 60K is cleared, the next resistance is 64K. The current momentum is now bullish which can be confirmed
Showing evidence: 1 hour timeframe whale purchase This is the 1 hour timeframe which shows the whale purchase along with my bull plotter which activated the bull trend prior before whales made purchase.
Hope this helps, I’ll be linking this to my 4HR TF idea.
BTCUSD next move(expecting a bullish move)(18-09-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for BTCUSD (18-09-2024) (SHORT TERM)
Current price- 59400
"if Price stay above 57400 then next target is 61000, 64000 and below that 56,000 .
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait
Understanding Price Clustering in the Bitcoin Market█ Understanding Price Clustering in the Bitcoin Market
Price clustering is a phenomenon where certain price levels, particularly round numbers, tend to appear more frequently in financial markets. This study focuses on how price clustering occurs in the Bitcoin market, providing insights that can
BITCOIN Will the negative correlation with DXY make it rally?Exactly a year ago (September 25 2023, see chart below) we published a comparative analysis of Bitcoin (BTCUSD) against the U.S. Dollar Index (DXY):
** Negative correlation and the Fed next week **
We argued of the natural negative correlation the two have and BTC rose immediately to its impr
Bitcoin Bounces Back: Bullish Pin Bar Signals Potential Upside On Friday, following the release of the NFP data, Bitcoin experienced a sharp drop. However, by the end of the day, the price failed to gain further downside momentum, and instead of continuing lower to test the support of the flag formation (where Bitcoin has been trading for the past six months),
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