🟠 The Bitcoin balance on exchanges is dropping, while the price rallies 💰 $BTC

#BTC/Update: #BTCUSDT #BTC

$BTC
#Bitcoin is about to have a Golden cross on the Weekly time frame!

#BTCUSDT #BTC #Bitcoin

$BTC
The last time #Bitcoin had eight consecutive weekly green candles was during the bull market of 2017.

#BTC #cryptocurreny #BTCUSDT

#Bitcoin For the past 8 weeks, Bitcoin has not closed a single weekly candle in the red.

#BTC #Bitcoin

#Bitcoin will just repeating the moves?

Probably yes 😃

#Btc #HalvingEvents #BinanceTournament

Over the last year, crypto markets have seen:

1. Collapse of FTX, largest fraud in recent history.

2. Collapse of regional banking system.

3. $2 trillion bear market, its largest in history.

4. Over 500 lawsuits and regulation cases.

5. Multiple crypto lender bankruptcies.

6. Binance fined a record $4.3 billion by US regulators.

7. Increased calls for regulation around the globe.

💰 #Bitcoin is up 165% this year and just hit $44,000.

#BTC #BTCUSDT

#Bitcoin Pre Halving
Can History repeat itself this time?

The next bitcoin halving is expected in April 2024. Bitcoin has historically bottomed 477 days prior to the halving, which - IF history were to repeat itself - would imply a trough around the turn of the year.

#BTC/Update: #BTC #Bitcoin #Halving2024

Don't make it too complicated.

#Bitcoin just repeats the Wyckoff price cycle.
Applying the Wyckoff price cycle to $BTC , it is clear that whales accumulate when $BTC is oversold in accumulation area. They wait during markups when market demand exceeds supply.

Until $BTC becomes overbought in the distribution area, they start selling or shorting the market. After market supply exceeds demand during the price cut, the market re-enters the accumulation zone again, and the same goes for whales.

#BTC #Bitcoin #BTCUSDT

Don't make it too complicated.

#Bitcoin just repeats the Wyckoff price cycle.
Applying the Wyckoff price cycle to $BTC , it is clear that whales accumulate when $BTC is oversold in the accumulation area. They wait during markups when market demand exceeds supply.

Until $BTC becomes overbought in the distribution area, they start selling or shorting the market. After market supply exceeds demand during the price cut, the market re-enters the accumulation zone again, and the same goes for whales.

#BTC #Bitcoin #BTCUSDT