Why could Bitcoin easily and quickly reach $100,000 if it breaks out of this sideways trend upwards? But... Using various services like coinglass, it's possible to analyze different metrics, such as the liquidation map. What is this and why is it important? Liquidations are liquidity, and as we well know, the price moves from liquidity to liquidity. I'm sure...
Last week, the price closed below the previous low, forming another lower low. This further confirms that Bitcoin is in a bearish trend, which has been ongoing for the past six months. The crucial level at the moment is $64,220 (the last formed high). This key level separates us from a bullish (upward) trend. If the price on the weekly timeframe can break this...
When it comes to investing in cryptocurrency, it's important to know when to act most effectively ⬇️ The best approach is to rely on robust trading systems or indicators that have been tested on historical data and hundreds of cases. This is exactly the approach I use in my analysis. All eyes on the current system zone, when the price drops to this zone, it...
NASDAQ:WEN is in the best buy zone ever. Leave the name of your #crypto in the comments, and I will consider it in the next post.
I’ve spent 8 years in crypto , and here’s what I’ve discovered ⏬ ------------------- ▪️ Throughout my journey, I’ve met hundreds of ambitious traders, but today only a few remain —those who were willing to wait and those who didn’t dream of quick profits. ▪️ According to most official studies, only 1-3% of traders make money. ▪️ Only 1% can overperform...
Many are currently concerned about the future of the TON cryptocurrency and Pavel Durov, who is behind this project. I am more than confident that this is yet another manipulation, just like many other manipulations in the market. And if you hold this coin and feel the urge to sell it – the manipulation worked. You might ask, what should we do? Will the coin...
The price has closed the gap on CME, which acted as a magnet. It will be interesting to see what happens next. I'll reveal key details and my expectations at the end and in the middle of the review, so make sure to read until the end. 1. I created an indicator for convenient tracking. If you're interested and following this as well, feel free to add this system...
When the system signaled to sell #Bitcoin at $70k, I really didn't want to do it and was expecting the next target to be $100k. But as time shows, it doesn't matter what you feel; your feelings and intuition are like a casino. The only correct path is to follow the clear rules of your system and strategy.
July 27, 2024. This date will be remembered by many crypto investors. On this day, the leading U.S. presidential candidate spoke at the World Bitcoin Conference, delivering a statement that received a standing ovation from the audience: “Never sell your Bitcoin.” For many, this phrase became a slogan, a reassurance of the reliability of investing in Bitcoin. But...
The cryptocurrency Atom is quite close to its fundamental value. If you're following this coin, rest assured that buying it in the range of $4-$6 will be a gift. I don't know exactly when Atom will drop to its fundamental value zone, but when it does, be ready. The current price is already quite attractive, so my advice is to buy in parts. This way, you won't...
Besides the fact that we have reached a level where retail players are at a loss, a rare and strong signal has appeared on the chart. The last time such a signal occurred was almost a year ago, at the end of last summer. It is possible that today, at the close of the day, the signal will be confirmed. This does not mean that CRYPTOCAP:BTC will immediately...
Attention to the Bitcoin chart. The orange line is similar to the short-term holders' realized price, only slightly better. Almost every time the price approached this line, Bitcoin dropped by another 4-7% and then immediately reversed and continued to rise. Looking at the current situation, we have a clear parallel channel in which the price has been for over 90...
Internet Computer (ICP) has been trading within a bullish ascending accumulation pattern for an extended period, and the recent price action suggests a potential breakout towards $16.00. This article delves into the technical analysis of ICP and explores the project's fundamentals, highlighting its promising outlook. Ascending Accumulation Pattern and...
MANTA Network (MANTA), a privacy-focused DeFi project, has recently exhibited a bullish breakout that suggests significant price appreciation in the coming weeks and months. The token broke out of a descending triangle pattern, signaling a potential trend reversal and a surge towards its all-time high of $10. Deceptive Breakout and Liquidity Sweep: MANTA's price...
The cryptocurrency market is buzzing with anticipation as many analysts and traders believe an altseason is on the horizon. Altseasons are periods in the market cycle when altcoins (alternative cryptocurrencies) outperform Bitcoin (BTC), the leading digital asset. Several factors suggest that an altseason could be imminent, and this article will explore these...
Bitcoin (BTC) has maintained a strong bullish bias despite recent price fluctuations. On the hourly timeframe, BTC has formed a bullish pattern that suggests a continuation of the uptrend towards $73,000 and potentially higher. Key Support and Accumulation: Support at $67,000: BTC has consistently found support around the $67,000 level, acting as a crucial zone...
BNB, the native token of the Binance blockchain ecosystem, has been exhibiting remarkable strength and resilience amidst the recent market downturn. While the overall cryptocurrency market has experienced significant volatility, BNB has held its ground and demonstrated a strong potential for continued growth. This article delves into the technical and fundamental...
Bitcoin (BTC) is currently exhibiting a price action that suggests a potential retest before continuing its upward trajectory. While the overall trend remains bullish, there are indications that a short-term pullback could occur in the near future. Abundant Liquidity Below Current Price: On the hourly timeframe, BTC has left a significant amount of unfilled...