Bitcoin ETF marks the topIn my previous post I mentioned the approval of the first Bitcoin ETF, it was launched today Tuesday the 27th.
I believe this marks the top, I have been short since the tip top of the 25th of June.
See my previous posts to better understand my thought process and reasoning.
Good luck.
BTCUSD18J2025 trade ideas
BTC trading perfectly to planShort term CRYPTOCAP:BTC gap filled on the intraday chart.
Weakness called☑️
Weakness would be weak☑️
Buy volume must remain strong☑️
Spot #BTC likely developed its trend already.
Futures #BITCOIN is also beginning to show the trend.
Weekly shows a NICE flagpole formation.
Is the flag far behind?
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BITCOIN CME CHART: which GAP can hitHi Guys, Hope you well,
This is CME chart for bitcoin , Usually price fill the gap in exchange that create in CME market.
now we have two nearest Gap First of one in 35000 zone and another one in 20000.
SecondChanceCrypto
⏰27/JUNE/23
⛔️DYOR
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Chief Strategy Officer of CoinShares: The Top Eight Financial InCoinShares chief strategy officer Meltem Demirors highlighted at least eight major financial institutions that have signaled their forays into the digital asset space, including BlackRock’s spot bitcoin ETF filing and Fidelity’s crypto wealth management solutions. Others include JPMorgan, Morgan Stanley, Goldman Sachs, BNY Mellon, Invesco and Bank of America. Demirors pointed out that many of the largest financial institutions in the United States are actively working to provide services such as bitcoin. They manage $27 trillion in assets.
It’s worth noting that the $27 trillion figure is an estimate of the total assets under management of the eight institutions, only a fraction of which may be allocated to cryptocurrency investments.
$BTC holding steady, dissecting on intraday to see next moveGOOD MORNING!
CRYPTOCAP:BTC opened @ 30.7 & it is staying above that yellow SUPPORT line. This is good.
1HR chart shows a recent bearish crossover BUT it's fighting to crossover to the bullish side again.
We may see some #BTC weakness here BUT look @ the 4Hr chart. It still looks pretty strong. Hence, if there is any weakness it may be "weak".
:D
#bitcoin still has some momentum left as far as we see atm. But things can change fast.
Bitcoin CME Gap Chart Analysis: Two Significant Gaps to Watch#Bitcoin CME GAP Chart Analysis
- Current BTC Price: $31,120
- Continuous green candles since June 15th
Two unfilled CME gaps to watch:
1️⃣ First GAP: $35,180
Originated on May 9th, 2022
Price nearing this level
Potential for upcoming gap fill
2️⃣ Second GAP: $20,330
Represents 35% drop from current level
Unfilled, important to monitor
While gap fillings aren't guaranteed, these levels hold significance. $35,180 gap may fill before $20,330.
Placed Buy Bid: $30,330
Specific price for potential entry
Stay informed for trading decisions. Not all gaps fill, but monitoring provides insights.
More of why $BTC should still pumpWhy I'm still bullish on CRYPTOCAP:BTC
What do you see?
Look @ the previous highs, Now look at the RSI & Money Flow (showed here)
Highlighted it for you.
The RSI is STRONGER than it was @ previous high.
This = very good sign.
#Bitcoin Money Flow confirms this.
NOW, #BTC weekly needs to go higher, IMO it will.
#crypto
BTC $35,300 Hello everyone! Many of you have already noticed that the cryptocurrency market has been experiencing impressive growth recently.
I would like to draw your attention to some potential areas. In particular, I have identified a zone on the chart that has significant potential. It is the $35,300 level, where we can see an open gap. Considering past trends, this situation could contribute to further price growth.
Additionally, it's worth being attentive and observing the dominance of BTC if you are waiting for altcoins to take off.
BTC proving to have legsNASDAQ:COIN Coinbase fud is dead.
CRYPTOCAP:BTC held 25k nicely.
One of the few accounts stating this time was DIFFERENT.
#BTC new 2023 high atm.
#Bitcoin more than likely going higher.
Now you know why we said NOT good to have taken so many profits, yes 2x & some were more but they would be much larger returns now.
Buy volume is still there.
32k next resistance.
43k target for longer term.
Bitcoin Cup & Handle Bullish!CME:BTC1!
CRYPTOCAP:BTC has printed a massive Cup & Handle.
Also looks like an Inverse Head & Shoulders.
Idea tagged as Neutral, as I need to see more confirmation - read below:
Measured move to 48k over time.
Requires Break and Flip of the Breakout level around 31k.
Plan A: Long Break and Retest of 31.5k level - if you're a pro trader you can look for lower bounce ideas prior to the breakout - but gathering data every second.
Plan B: Short to Possible Pullback level and watch for hold of this support for next attempt or further downside to.
No Prediction - Preparation. When CRYPTOCAP:BTC moves we move.
Thanks for all the support from my followers!
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
$BTC has 2 choicesCRYPTOCAP:BTC still looks okay to me.
Outside that sell, volume seems to be 50 - 50 and on the lighter side. This is GOOD.
Now #BTC can do a few tings:
1 Safely trade sideways, not much downside, & then pump
2 Sell off to around the 28k area & then pump
Stated before that I am a believer of #1 until it breaks recent low, around 29,750.
#bitcoin
BTC - Profiler shows fresh-air Zone between 37740 and 32425Profiler shows a "fresh air zone" between 37740 and 32425.
These are areas where price moved by rapidly and created no support or resistance .
This also means that going the opposite way ( i.E upwards) there is also not much resistance .
There is also a CME gapfill within this area at 35k and I suspect CME may move price upwards and close this gap.
$BTC run has legs, we called previous bottom & steamCRYPTOCAP:BTC shorts piled on that rally but they QUICKLY covered that LOL
Wasn't that much in shorts anyway.
IMO #BTC has legs, strongest in some time.
Can we pause? Sure.
IMO = 2nd phase of a new bull market for #bitcoin.
Not saying it'll last 2 - 3 years but from lows, more than 2x.
See volume vs previous peak?
RSI looks okay as well.
Been calling tops & bottoms for over 2 years.
Bitcoin - CME gapsDoes all CME gaps get filled? I don't know, but almost all the gaps in 2020/2021/2022 got filled.
Now we have a few gaps left on the chart. Not hoping that this will happen because my target low is 13/14k, but there is always a possible swift move to 9k scenario.
Macro conditions can change quite suddenly.
Always stay safe.
BTC:Watch BTC here. Golden Cross lined up.
Should see some Gap up moves.
Not too often a bank fails based on their 10yr bond exposure. another bail out.
BTC almost out the valley.
Check out the last time the 50day moving average was above the 100 Day was September 2021.
Price is lower and has had significant time at consolidation levels.
$BTC hit first level called. Altcoins next?"I believe all" influencers had 27k target for $BTC.
Even posted on some of them that it WAS NOT the target.
DAYS ago we said 28K was the #BTC target for #futures.
Spot #bitcoin shows a lil extra room but IMO Futures dictate price, limit lil over 28k = 80%+, took it. (talking about the leveraged positions took few days ago (see profile for more info).
BIST:LINK (up 10%+) & CRYPTOCAP:LTC (25%+) moving, as is most #crypto.
$BTC looks good. Another $ call on direction. What now?CRYPTOCAP:BTC is PUSHING over 1k at the moment.
#bitcoin volume is HEALTHY as well.
We called the short term top BEFORE it happened.
We called "bottom" BEFORE it happened.
28k is going to be tough but in my opinion it will eventually break.
Also said CRYPTOCAP:ETH was waking up. Moving a bit last couple days.
For some time stated that #altcoins looked weak. BEFORE all the fud.
That's why, PERSONALLY, been doing mostly leveraged #BTC & #memecoins.
Bitcoin : The bulls in controll again ?After i published an analysis on bitcoin lately and the possibility of visiting that green zone arround 24k $ before going up again, that made a huge polarity line opportunity right there as the market is leaving the green zone to face 30k level again. also as statted before on the 3 months timeframe, bitcoin is bullish on the long run and going back to ATH wont be that easy and fast, however, now it is clear that on midterm vision, new investors are getting involved in the move, is it part of a bigger correction ? if the level of 30k is left behind this time, this would rarely be considered as a correction, claiming a wall of worry instead !
Daily Bitcoin Analysis - Long-Term PerspectiveWhen examining the daily timeframe, it becomes evident that a bearish structure has been in place since the rejection at 31.1k on April 14th. We can observe a consistent pattern of lower highs and lower lows, with another rejection occurring around the local resistance level of 29.1k - 28.2k on May 30th.
The resistance from the previous timeframe at 27.1k - 27.7k will likely keep the price suppressed, as breaking above the 29k mark is necessary to establish a clean daily break of the bearish structure.
Even if there is a rejection around 28.8k, which might initially seem bullish, it would still fall within the current bearish structure as a lower high. This would likely be followed by a lower low, dipping below the main support and resistance level at 25.2k - 24.4k.
Should the price movement go below 24.4k, the aforementioned support and resistance level would revert to becoming the main resistance. This would potentially make the CME Gap from March at 21.1k - 20.3k an enticing target for filling.
In summary, breaking above the local resistance at 29.1k is necessary to establish a bullish structure. Any levels below this mark are still considered part of the bearish structure. A retracement towards 24.4k is likely, which will be the primary level to hold. A breakdown below this level would create a new trading range between 25.2k - 20.3k.
Please note that cryptocurrency markets are highly volatile and subject to rapid changes. It's important to monitor the market closely and consider multiple factors before making any trading decisions
Association of small and medium crypto exchanges in South Korea On June 20th, the Korean Virtual Assets Exchange Association (VXA) announced on the 20th that it has sent 12 domestic commercial banks, local banks, and online banks that have not signed real-name deposit and withdrawal account contracts with virtual asset exchanges. The due diligence application for signing the real-name account contract was completed. The request includes a request to investigate real-name account contracts with virtual currency exchanges to ensure fair trade order and expand consumer rights.