As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
Markets move in cycles and based on game theory . Everyone is risk averse and everyone jumps in when it appears "risk free". This is how prices would be bid up. Stocks work like auction . During Bull runs -> Highest payer - bids up the prices and the averages increase. During Bears -> it's a fire sale. BUYER has an upper hand and takes the lower prices...
KUCOIN:BTCUSDT has been hovering around and below 70k+ levels for few months now and looks prime to make an upmove after breaking this zone. If we draw a trendline using the highest close values then we have got a marginal close above the trendline this week and today, #BTC is again trying to push past it. If it manages to convincingly breakout above this...
Bitcoin is designed to grow forever and works like the US500 but only with higher volume. BTC volume is incredible and I won't be surprised if we see 100k++ within 3 months or summer. 3-17 June 2w closes in green!! More details on the MD channel or in future updates. I wish you success and see you at the top! MD
Bitcoin appears to be compressing near all-time highs in what looks like an ascending triangle. Previously, Bitcoin would pierce the ascending triangle to the downside and the result would be the liquidation of all of the leverage in the system, then the price of Bitcoin would proceed to chop around more before eventually moving higher. Essentially, the ascending...
Bitcoin (BTC) bulls are back in the driving seat, predicting a potential surge towards $85,000 in the coming months. This bullish forecast comes amidst heightened anticipation surrounding key U.S. economic data that could significantly influence investor sentiment towards the Federal Reserve's (Fed) monetary policy trajectory. Technical analysts are pointing to a...
Gentlemen welcome to BULL MARKET The price of Bitcoin is $28,280 today with a 24hour trading volume of 45 billion dollars This represents a 4% price increase in the last 24 hours and a 40% price increase in the past 7 days When iconic US investment bank Lehman Brothers Holdings Inc. filed for bankruptcy in 2008, it shook people’s faith in banks so much that a new...
Update to a prior idea: "Bitcoin Will Pump 100% Over Next Few Months" We are well on target for 114k+ in coming month/s. Got the 1D buy signal on the Machine Learning indicator with 93.7% back test accuracy. Not financial advice.
Trading Setup: There is a Trading Signal to Buy in BTCUSDT Bitcoin (h4) Traders can open their Buy Trades NOW ⬆️Buy now or Buy on 69290.0 ⭕️SL @ 66400.0 🔵TP1 @ 76000.0 🔵TP2 @ 81000.0 🔵TP3 @ 87000.0 Previous signal What are these signals based on? Classical Technical Analysis Price Action Candlesticks Fibonacci RSI, Moving Average , Ichimoku , Bollinger...
The price of Bitcoin (BTC) has been steadily climbing in recent weeks, inching closer to a critical resistance level: $72,000. This price point holds more significance than just another round number on the chart. Analysts believe that surpassing $72,000 could trigger a chain reaction that propels Bitcoin toward new all-time highs. The Squeeze is On: Liquidations...
What an awesome chart (For Bitcoin maxi's that is) here this shows Gold in relation to Bitcoin.... Here we can see the halvening (blue vertical lines) and the decline in gold value respective to Bitcoin, we can see an 80%+ decline each cycle. The next halvening date is April 2024, (Red vertical line) After the move has moved to a new low, we can see that a...
All details are drawn on the chart. Basically BTC is in a huge bull market with a clear imbalance of demand and supply. There was 3-month long reaccumulation period at all time high of $69500 with all outstanding supply bought up. Price is gonna shoot up to $112k at minimum very swiftly.
BITSTAMP:BTCUSD Bitcoin Update 🔹Bitcoin followed a bullish pattern. 🔹After a retest, the price pumped up to $71,000. 🔹The price might drop slightly to around $69,000, where there is support. 🔹Then, we might see the price go up again because it doesn't go straight up without some corrections. Stay tuned for more information ℹ️ #CRYPTOEASE
Please see previous btc ideas for more context ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
detailed comparison: GOLD VS BITCOIN ### 1. **Nature and Function** #### Gold: - **Physical Asset:** Tangible, with a long history as a store of value and medium of exchange. - **Utility:** Used in jewelry, electronics, and various industries. - **Historical Value:** Recognized for thousands of years as a reliable store of value and hedge against...
1. **Economic Indicators:** - **Inflation:** Gold is often seen as a hedge against inflation. Rising inflation typically boosts gold prices. - **Interest Rates:** Higher interest rates increase the opportunity cost of holding gold, which doesn't yield interest. Conversely, lower rates tend to support gold prices. - **US Dollar Strength:** Gold prices...
Bitcoin bull markets have historically seen significant price increases, but the percentage gain can vary widely between different bull markets. Here’s a summary of the percentage increases during major Bitcoin bull markets: 1. **2011 Bull Market**: - Start: Around $0.30 (January 2011) - Peak: Around $32 (June 2011) - Percentage Increase: Approximately...
Context: Currently trading above previous high from Nov. 2021 with bullish FVGs on monthly chart - but we are now in a consolidation, but with upwards tendency. Same for the weekly chart - we just took out the previous week high. Idea: • Entry between prev. week high and prev. day high after 4h close above bearish FVG. • Entry in mentioned area preffered with a...