Everything makes sense to me again. This has been distribution all along. Institutions are not going to let retail long and make money this easily, its always the other way around. This idea that resonates with me the most. I've tried numerous attempts to paint a long picture but each time something feels a little off. But zooming out to the daily and labelling a...
The Crypto Market Up Today! The crypto market is experiencing an upward trend due to several key factors: Increased Inflows into Spot Bitcoin ETFs: There has been a significant increase in investments in U.S. spot Bitcoin exchange-traded funds. As of May 16, these funds manage approximately $12.40 billion in BTC, up from $11.18 billion at the beginning of the...
SL: 65081.00 TP: 71822.00 In this trading strategy, I present a compelling opportunity for a long position on the BTCUSD currency pair, focusing on the 1-hour timeframe. By incorporating key technical indicators such as the Exponential Moving Average (EMA) 200, Moving Average Convergence Divergence (MACD) for trend analysis, and Supertrend for entry signals,...
Is this a Bull Trap or are we just starting the bull run? Looking at Apr 2021 we see a similar scenario playing out with a pull back before a new all time high.
Hello Everyone, BTC/USD has aligned perfectly with our previous Bitcoin projection. Currently, the price is nearing significant 1M resistance. For further upside potential, the price needs to establish itself above this level and then find support at the 67,370 mark. At present, sellers appear more confident, anticipating a drop to 1M support levels. In summary,...
BITSTAMP:BTCUSD Bitcoin has been sliding down since it reached its all-time high in March. This has largely led to a buy-the-dip sentiment among crypto traders, with many believing the correction would end as soon as it ended and Bitcoin would surge again to new all-time highs. According to crypto analytics platform Santiment, the thrill of scooping up...
Chart made a simple u−turn toward a midle low peak of a HH peak. Big waves (w−z) still ongoing. Even so, I'll start selling now to take the first bearish wave. Fibonacci is on a LL and midle HH. This is a strong fibonacci support if chart bounce on the 100% level once so then it reaches 288% or even 461%. I'm using it for reversal prediction.
On Monday, we outlined a neutral trend of a lesser degree, as implied by the daily chart. In addition to that, we observed a formation of the inverted head and shoulders on the 3-hour chart, noting the potential for a small price surge if the neckline was broken to the upside. Interestingly enough, in a broad market risk-on move yesterday, Bitcoin (BTCUSD) rose...
Pair : BTCUSD ( Bitcoin / U.S Dollar ) Description : Impulse Correction Rising Wedge as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line S / R Level Break of Structure Completed " 12345 " Impulsive Waves and " AB " Corrective Waves
Things are too overhyped. I'm Flipping bear again. Sub 50k...43k is my target.
Hello Traders and Investors, today I will take a look at Bitcoin . -------- Explanation of my video analysis: For more than five years Bitcoin has been trading in a solid rising channel formation. We saw the last retest of support in 2022 which was followed by a bullish reversal on the smaller timeframes and an incredible rally of 300% towards the upside....
BTC is in the "boring" phase, as called by some BTC traders. Current developments on the BTC market could be perceived like that, if we take into account the lack of adrenaline which was shaping traders sentiment before first BTC ETF approval and later, BTC halving. But, for others this is a relatively calm period for trading where steady profits could be made....
Bitcoin in the short and medium term: According to the previous analysis, Bitcoin stopped at $56,500 before reaching $52,000 on May 1st, and the second wave of the previous analysis has started from this point. This analysis shows the continuation of the path in more detail. Based on this analysis, this week we will see the price of Bitcoin drop to $58,000 and...
The general trend is upward, but according to the structure of a TB position
My opinion on BTC, looking for a short Looking to short BTC as it moves up into the premium side of the market.
A bit messy but a falling wedge on BTC could have formed here which is a bullish pattern. We are also at range lows, with a deviation already done. RSI has also reset to January levels, hopefully ready for the next push up in the coming weeks
Why not a slow grind higher during this cycle. Legacy investors have a more regular approach and will continue to be an important catalyst during the next year. I'm fully excited to see upside in excess of 300,000 in during this epoch, but what if we grind instead of fly? #Icarus