BTC following an ascending triangle about to break resistance to the upside with next strong resistance around 42k.
All support is weak on this shit coin, and volume is displaying a bearish divergence, expect a big dip soon on cpi data release if its negative, we either pump or dump, a low cpi will indicate that inflation has peak and bull run will resume, however, consensus displays a potential 8.8-10% result.
expecting a play out similiar to this, breakout to the upside of the resistance line and then treating this as support.
with btc testing support trend line, if its able to hold this and all plays out, i expect cpool to have a solid green day, looking for confirmation for breakout on resistance.
BTC broke a major 7 month trend line, the beginning of a major sell off, many are still calling for 100k eoy but here are my 2 cents. With india rumoured to begin mass regulation of crypto currency, the fed tapering and with the beginning of the omricon variant, i find it extremely hard to be bullish during this time, whilst i am no bear, i do not look at the...
well well well, where are all the dickheads calling for 100k eoy btc now? interesting after they were done pumping shit coins only shown on poo coin like pussyfluffer3000 they realised they couldnt get enough 15 year olds to pump their bags so tried their hands at shilling btc, well it aint working out too well, hope yall have a resume prepared, mcdonalds is hiring.
another play, time to 2x once again, lets get rich
short term very bearish on bitcoin but long to medium term i am bullish. With new covid strain and scares for the global economies along with india about to start doing mass regulation of crypto and stable coin regulating i think the market is in for a rough few weeks, if we can stay above 50k i will be impressed, either way i will continue to accumulate. NFA
less than 150m market cap and with game releasing in december with play to earn, solid play could easily reach a 1-4b market cap within a few months, along with the metaverse expanding. lfg get rich
well well well, bond yields go up bitcoin goes down, strong inverse relationship between bond yields and s&p 500 and bitcoin, if fed plans to taper in november, i believe this will be the end of the bull run.
Very interesting charts, I'm no expert just my analysis, BTC bull run appeared to start at the same time the fed started printing at massive amounts around March 2020, halving event takes a lot of effect don't get me wrong but bull run started to the T of when fed started printing, 17-18 bull run also had no halving event which suggests that halving is less...
s&p 500 and BTC appear to be working very closely based on this chart, BTC punching hard today as well as s&p 500 futures up for today, curious to see whether a crash in October - November in the stock market would have a big end on BTC and potentially end the bull run.
looking for descending triangle breakout reversal on algo, not sure if itll hold support given the market is crashing but fingers crossed.
dont listen to me im a dickhead but im rich, 25x leverage im right 20% of the time
if all else remains good, this could be a good swing trade here, sitting on strong support however unlikely as bitcoin is up the shitter.
potential hbar reversal as its about to hit strong support, falling wedge is forming could be a reversal happening
bullish pennant forming on rose, on solid volume, to the moon we go.