BTC trade ideas
BTC Analysis and sample tradeBTC is at currently at the top of a bear channel which formed after a high displacement move to the downside. It is also at a bearish Order block. Sample trade I took with a high R:R. I take trades the second they conform with my idea and do not wait for any confirmation because I would rather take a small risk and high reward trade then wait for confirmation and take a low R:R trade. It is a game of probability after all.
Last BTC IdeaIt's been a pleasure exploring such a unique financial asset class. Nevertheless, we are moving into a political & economic direction in which crypto cannot coexist with the financial system and have any value in the long term.
There are many reasons for this outlook. Join my channel for more:
Telegram: @DeltaS7
[UPDATE BTC] BItcoin/M1 vs GOLD. Do you see it?M1 has caused problems for us BROTHERS. The current market divided by M1 resembles the gold market during a bear market, but it is happening three times faster due to the digital age. Based on this model, BTC may reach 35,000$ in 2023, undergo consolidation until the halving, and then drop to 8,000$ before beginning a new macrocycle.
It is important to note that this is only one of my models and should not be taken as definitive.
BTC market cap prognose 10.2023using some past time analisys trying to predict some future targets. however past performances don’t indicate the future ones
250k Btc (with facts) Bitcoin growth across three Halving CyclesFirst Halving:
Market cap at halving: 146 million
Market cap during run-up: $18.75 billion
Run-up: 20 billion (approx.)
Second Halving:
Market cap at halving: $9.375 billion
Market cap during run-up: $300 billion
Run-up: $290.625 billion (approx., 15 times larger than the first halving)
Third Halving (hypothetical):
Market cap at halving: 150 billion
Possible market cap scenarios during run-up:
a. $1.2 trillion (already achieved)
b. $2.4 trillion (potential)
c. $4.8 trillion (potential)
Run-up (applying the 15x increase pattern): $4.35 trillion approx.
Hope you learned something :)
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bitcoin dom and potential alts seasonDespite many people are saying that we're close to an alts season, I strill strongly believe that most altcoins will continue to suffer compared to Bitcoin.
BTC Market CapCRYPTOCAP:BTC as you can see btc market cap has been reached to its support line and we expect to grow from this area. i think btc has potential to reach around 40k soon.
Bitcoin 8.6.23Is Bitcoin bottoming out against Gold as it tests the demand line. As long as its in the channel it remains fully bullish. Under it and above the pivot is still bullish but leaning neutral. Any consecutive monthly close under and its likely GOld rips to new ATH or stays flat as the rest of the risk on market melts down.
Bitcoin At the 3-day time frame, the 50-period moving average is currently crossing above the 200-period moving average, with the closing price positioned above this crossover, indicates the possibility of a golden cross formation, a significant event that traders and analysts interpret as a signal of an upward trend in the market.
'The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market.'
The Korean Financial Services Commission held a meeting on virtuThe Korean Financial Services Commission (FSC) held a consultation meeting on enhancing the compliance capabilities of virtual asset operators, expressing support for strengthening the compliance capabilities of virtual asset operators and resolutely cracking down on illegal activities. The Korea Financial Information Analysis Institute and the Virtual Asset Crime Joint Investigation Team , five major virtual asset exchanges and DAXA executives participated in the meeting.
BTC MA 200 crossed over MA 50 so Wait for CrossI wanted to bring your attention to a significant development in the BTC market. On July 23, we witnessed the Moving Average (MA) 200 crossing over the MA 20, indicating a potential shift in market momentum. While this may seem exciting, I urge you to exercise caution and consider waiting for a new buying cross before entering the market.
Experienced traders understand the importance of staying informed and making well-informed decisions. Technical indicators like moving averages provide valuable insights into market trends and can help us identify potential buying or selling opportunities. The MA 200 crossing over the MA 50 is often considered a significant event, suggesting a possible shift from a bearish to a bullish trend. However, it is crucial to approach such situations with a level-headed mindset and consider the broader market context.
Given the current market volatility and uncertainties, it is advisable to wait for a new buying cross before considering a classic BTC market entry. While the MA 200 crossing over the MA 50 may indicate a positive shift, waiting for confirmation and additional signals supporting a sustained upward trend is essential. Rushing into the market without proper verification could expose us to unnecessary risks.
In light of this, I encourage you to closely monitor the market and monitor the price action following the MA 200 crossing. Exercise patience and wait for a new buying cross to occur, providing more vital indications of a potential upward trend. We can minimize risks and make more informed trading decisions by waiting for confirmation.
Remember, successful trading requires a cautious approach and the ability to analyze market conditions objectively. While the MA 200 crossing over the MA 50 may generate excitement, remaining patient and waiting for a more reliable buying cross is crucial. Doing so can enhance our chances of entering the market at a favorable point and achieving better trading outcomes.
My first IDEA for BTC is how it will move in the coming daysMy first IDEA for BTC is how it will move in the coming days
BTC vs ETH market caps.Bull flag formed for BTC market cap.
*much more strength to see from BTC.
ETHEREUMS Market cap
*blue line are indicating when liquidity switch's from BTC too ETH. causing ETH to rally.
July is shaping up for a big month for crypto, this should trigger and altseason of somesort.
sentiment will flip bullish as more altcoins pump a decent ROI.
interesting times ahead :)
BitBoy Crypto Analyst: BTC May Soar to $140,000Well-known cryptocurrency analysis channel BitBoyCrypto recently made a bullish prediction for Bitcoin, predicting that its price could surge to $140,000. According to BitBoyCrypto analyst AJ, the leading cryptocurrency currently holding a strong position in the market may rise sharply. Furthermore, AJ predicts that Bitcoin will consolidate its share of the crypto market in the coming years. The concept stems from two key factors: Bitcoin's unique status as a non-security digital asset, unlike various altcoins, and its pioneering status in the market have attracted the attention of institutional investors.
AJ said that in the foreseeable future, Bitcoin's dominance in the encryption market will not weaken. However, he did not deny the potential of Ethereum to surpass Bitcoin in terms of long-term market capitalization. However, Bitcoin stands out from most altcoins from a tokenomics perspective.
US SEC Commissioner: US encryption law cannot assume that everytAsked at Australia Blockchain Week how she would regulate cryptocurrencies, SEC Commissioner Hester Peirce said, "I think we have to make sure that whatever regulatory framework we adopt, we can't just assume that everything is a financial asset." While cryptocurrencies are considered a very financial term, other uses exist, such as enabling people to interact without a centralized entity. This is useful in finance but also in building social media platforms or whatever
BTC Dominance reversing Mid-July 2023 - ALTCOIN SEASONThis chart looks at Bitcoin dominance vs the top altcoins excluding stablecoins and smaller alts.
IMO, the BTC dominance will keep rising until mid-july 2023 when the price reaches the trend line.
Look at the Altcoin Season Index chart. We are at the BOTTOM now. It probably will continue going down some more to create that SPRING we need before blastoff.
How strong will the reversal be?
How crazy will ALTCOIN season be?
How many new millionaires will be minted?
Will you be one of them?
Welcome institutionsWas always expecting a third touch of the horizontal resistance, thing is this third touch will be broken and start to new all time high. I’ll stay in the market for less than a year before selling imo. Whatever bullish narratives arrive in the future will mark the top. Three impulse waves has likely started. The retest of 25k is very bullish was the best time to long. If we never tested 25k it would have been the likely future bottom. Now that it’s tested it’s up only season.
I have been bullish since beginning of this year, stocks gave ya the best opportunity to buy last year and many faded. Remember to sell and not baghold. Probably my last post til ath, dxy also looks bad 103 has been broken.
Spread graph trading This technique maximizes the estimation of a risk-on asset of interest, by monitoring capital movements from other markets. I've linked a post in which I explain this theory in more detail.
Thank you!
San
