After Trumps tariffs threats the market paniced and the spx droped dramatically however price seems to be slowing down so we could be at a support level however trying to get SPX at a lower price would be better
With stong fundamentals it's not likely that the spx will continue to drop, in fact it looks really cheap right now, with the market being predicted to surpass it's previous highs a long trade is one of the best positions to be in. This are some great entery points to buy since the price seems cheap relative to what it's been in the recent past
With the increase of 6% today with no drop in the SPX the BTCUSD market indicates that the market still has a bullish sentiment throwards bitcoin and with spx at a posttential resistance point a rally in BTCUSD can be expected. However if DXY continues to rise BTCUSD could drop but with this bullish sentiment it's likely to continue to rally
This seems like a cheap price to get betcoin relative to near market prices
The DXY has been doping for quite some time, this could've inflated the value of bitcoin, however what do the technical say, This is the daily chart analysis and part 1 of the DXY analysis
This are the two long term trades that I found from the analysis in part 1
These are all the possible outcomes of the market and the colored areas are bullish and bearish areas, but they can also be inverted for short selling (at your own risk, I don't recommend it!). Using this chart we can find points in which coins look cheap and buy them, by buying them cheap relative to the market in a previous time we put the sentiment of the asset...
This is a map of all the potential outcomes of bitcoin and places where there seems to be good trading opportunities, I must advice that the 1st and 2nd trade are very risky and should not be traded with much capital, the reason some trades have double rr ratios is because there are 2 targets and in my trading method I take half of my position whenever I reach a...
With the market debating weather 10,000 is overpriced or underpriced for BTCUSD it's important to see all possible outcomes to find trades. With myself believing bitcoin is worth more than 10,000 I'm looking for cheap buys. Remaining in the positions of BTCUSD Part 2 I can see price going up from its current position however some of the position was decreased to...
With the positive sentiment in the market there seems to be a very probable continuation of the bull market, and with unemployment at it's lowest wages will be likely to increase and spending will increase as well. This could further push the value of bitcoin higher however with the English bank disusing rising interest rates there exist the possibility of the...