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Bitcoin / US Dollar IndexBB

Bitcoin / US Dollar Index

85,857.98USDR
−920.00−1.06%
As of today at 19:08 GMT
USD
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BXBT trade ideas

Scalping the LONG SIDE? BTC Buys#btc #bitcoin #btcusd Since posting this chart some hours ago we had a few DMs asking would we take a buy short term trade here here on Bitcoin. Well as we mentioned earlier we wouldn't be interested until BTC was above our key level above 20k. Anyhow with a gun to our head as a very short term idea with risk managed one could enter at market looking for 4:1 reward to risk and still be within the current BTCUSD liquidity range. But like we always say in our lessons we rather be in late but with a smaller stop loss in any trade and so we only see that senario playing out for us once BTCUSDT is above 20k again. Have a great day all! We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
BLong
by seekingpips
Bitcoin: Volatitly cylce at the lowsVolatility on bitcoin is still very low, so there is no real interest in the crypto space which is normal in a risk-off environment. Keep in mind that everything is linked to FED policy, which is in a hawkish cycle right now, so higher yields, mean higher costs, thus its less free cash to be invested into the cryptos, stocks, etc. However, this hawkish cycle may come to an end if economic conditions will worsen in weeks and months ahead. A recession should force FED to slow down the hawks, and that's when new cycle will be seen in the markets. Ideally, this will be later this year or in 2023. That's when stocks could find a base and cryptos bounce away from the support as volatily may increase.
B
by ew-forecast
1
Bitcoin remains in a CHOP BOX indicated by the $ symbols - BTC Bitcoin still chopping up traders. Those still holding the bag and others who are still trying to pick the bottom of the BTC bear cycle. No doubt many traders are trying to accumulate more Bitcoins at these levels, however we don't feel like BTCUSD has finished clearing up some of that liquidity at recent and even older LOWS. This chart shares our current key levels going forward and we will trade around them accordingly as more PRICE ACTION develops in the coming days and weeks. We will continue to share our trade and chart ideas on this FREE platform if we see the interaction from the community, so PLEASE SUBSCRIBE TO SEEKINGPIPS HERE ON THIS PLATFORM.
BShort
by seekingpips
2
BTC BuySHOULD I BUY AND HOLD ONTO BITCOIN? You can buy and hold onto Bitcoin, especially if you want to make a bigger profit long-term. As more and more people buy and use Bitcoin, you have a chance of gaining more value and purchasing power from the BitCoin you buy today. Keeping your Bitcoin can also be smart if you buy it when the price is somewhat high. Not only will that keep you from losing money, but you could still make a profit in the long term. Of course, the value of Bitcoin will continue to change. If you follow the market, you can watch your purchasing power grow rather than diminish due to inflation. THEORY #1 One reason why Monday and Sunday tend to be the best days to buy Bitcoin is the weekend. Since many business people trade Bitcoin, the market isn’t as active over the weekend. Getting in before the market starts back up means you have a better chance of landing a good price. If you wait until the middle of the week, odds are the market will be more active and prices will be higher. THEORY #2 The weekend also acts as a time for people to consider and decide on buying in. As people start to buy Bitcoin on Monday, the price and demand increase. Once the week finishes, the demand drops off. The cycle then continues each week. If you want to buy Bitcoin, try to beat the rush so that you don’t have to pay more for the same amount of Bitcoin. THEORY #3 If you want to avoid high prices, avoid common paydays. After all, when you have more money in your account, you might be tempted to spend it. Since many people get their paychecks in the middle and at the end of the month, Bitcoin prices can rise quickly. If you can, wait a week after payday before you invest so that you can get a better deal.
BLong
by BissTrade