bearorbull
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Hey, crypto community! 🚨💥
We need to talk about what's happening in the market. 🔥 A descending triangle pattern is forming (excluding BTC) 😱, which could indicate that another drop is coming. But, be careful! If conditions change, we could see an unexpected breakout. 💣
Take a look at the support and resistance levels. The future is about to get interesting. 😏
What do you think? 👇👇👇
❓ Will the market drop to $1T?
❓ Or will we see a rise back to $1.64T?
Let me know your opinion! 💬 Let's blow up this analysis! 🚀
#CryptoFomo #BearOrBull #MarketWatch
$ARB
$ALGO
$1000CAT
We need to talk about what's happening in the market. 🔥 A descending triangle pattern is forming (excluding BTC) 😱, which could indicate that another drop is coming. But, be careful! If conditions change, we could see an unexpected breakout. 💣
Take a look at the support and resistance levels. The future is about to get interesting. 😏
What do you think? 👇👇👇
❓ Will the market drop to $1T?
❓ Or will we see a rise back to $1.64T?
Let me know your opinion! 💬 Let's blow up this analysis! 🚀
#CryptoFomo #BearOrBull #MarketWatch
$ARB
$ALGO
$1000CAT
VEH mayorista:
No hay forma de conocer todas las variables, salvo que trabajes dentro del exchange, del gobierno o una multinacional , o seas dios
FTM creating a Falling wedge, long if candle close above.
#crypto2023 #dyor #bearorbull #FTM #Spartantrades
#crypto2023 #dyor #bearorbull #FTM #Spartantrades
The accumulation rate is higher compared to the 2018 bear market!
"Accumulation and hodling behaviors are expected in bearish cycles, indicating that investors still believe in Bitcoin."
#BTC #dyor #Onchain #btcupdate #bearorbull
"Accumulation and hodling behaviors are expected in bearish cycles, indicating that investors still believe in Bitcoin."
#BTC #dyor #Onchain #btcupdate #bearorbull
BTC consolidating.. 🧐
What could be better option?
👇👇👇👇
Buy or Sell
#BTC #dyor #bearorbull #futurestrading #feedfeverchallenge
What could be better option?
👇👇👇👇
Buy or Sell
#BTC #dyor #bearorbull #futurestrading #feedfeverchallenge
One million addresses now hold more than 1 BTC 🤞🔥🔥
Are you 'One' from this Millionare Club 🧐🤪
#feedfeverchallenge #bearorbull #Bullish #dyor #Binance
Are you 'One' from this Millionare Club 🧐🤪
#feedfeverchallenge #bearorbull #Bullish #dyor #Binance
📢An important decision regarding the former CEO of cryptocurrency exchange #FTX has made.
US Judge Lewis Kaplan accepted a request from eight major media outlets to know the names of the people who provided $250 million bond for #BankmanFreed .
#FTM #bearorbull #crypto2023
US Judge Lewis Kaplan accepted a request from eight major media outlets to know the names of the people who provided $250 million bond for #BankmanFreed .
#FTM #bearorbull #crypto2023
Elon Musk, the CEO of Twitter, has reportedly told his developers to create the platform's payment system with the potential for adding crypto functionality in the future.
#crypto2023 #bearorbull #elonMusk #cryptopayments #cryptoonindia
#crypto2023 #bearorbull #elonMusk #cryptopayments #cryptoonindia
Automatic stop loss adjustment to breakeven position after first take. How cool it is to be calm when part of the trade has already made a profit, and the automat repositioned stop loss at the breakeven position protects against losses if the market suddenly changes!
#bearorbull
#bearorbull
#BONE 325M Market Cap, 230M Total Supply, 73% already in circulation. Now pump this 100x 🔥🔥🔥 #dyor #pumpanddump #bearorbull #Binance
AI trend so strong nowdays, Look at Ocean, Wow weekly candle . This is major resistance. lets see it will break it or not.
#crypto2023 #OCEAN #dyor #bearorbull #Spartantrades
#crypto2023 #OCEAN #dyor #bearorbull #Spartantrades
#write2earn #BITCOIN ’S PRICE DYNAMICS: ANALYZING RECENT TRENDS AND FUTURE OUTLOOK #bearorbull #BTC $BTC
Bitcoin recently fell short of achieving another record high as its price was turned away from $72,600 on Monday, resulting in a 4.5% decline. The question now looms: will the price retreat further, or is Bitcoin gearing up for another attempt at surpassing its previous peak?
The decline in Bitcoin's price on Monday can be partly attributed to a significant outflow from Bitcoin ETFs, notably the Grayscale ETF (GBTC), which saw a hefty $303 million leaving its coffers, unmatched by Blackrock (IBIT). The net outflow totaled $223 million for the day.
In the short term, examining the 4-hourly timeframe reveals a straightforward narrative. The rejection from the $72,600 resistance level was a natural occurrence, prompting the price to retest the upper boundary of the breakout triangle. While the $69,000 support within the triangle remained untouched, the upper trend line upheld the price. The next move hinges on whether Bitcoin will undergo a period of sideways movement, allowing for the reset of shorter-term stochastic RSI momentum indicators.
Zooming out to the weekly timeframe unveils a tug of war between bullish and bearish forces, depicted through candlestick patterns. The red candle marking the failed attempt at a new all-time high indicates a fierce battle, culminating in indecision. However, subsequent candles, such as the bullish hammer candle and the green engulfing candle, suggest continued bullish momentum, though the hanging man candle from last week introduces the possibility of a bearish reversal.
The trajectory of this week's price action is critical. A close above the hanging man candle could negate its bearish implications, potentially signaling a breakout from the current consolidation phase. Additionally, monitoring the stochastic RSI on the weekly chart reveals the flattening of signal lines, hinting at a potential reversal to the upside, which could fuel further bullish momentum.
Bitcoin recently fell short of achieving another record high as its price was turned away from $72,600 on Monday, resulting in a 4.5% decline. The question now looms: will the price retreat further, or is Bitcoin gearing up for another attempt at surpassing its previous peak?
The decline in Bitcoin's price on Monday can be partly attributed to a significant outflow from Bitcoin ETFs, notably the Grayscale ETF (GBTC), which saw a hefty $303 million leaving its coffers, unmatched by Blackrock (IBIT). The net outflow totaled $223 million for the day.
In the short term, examining the 4-hourly timeframe reveals a straightforward narrative. The rejection from the $72,600 resistance level was a natural occurrence, prompting the price to retest the upper boundary of the breakout triangle. While the $69,000 support within the triangle remained untouched, the upper trend line upheld the price. The next move hinges on whether Bitcoin will undergo a period of sideways movement, allowing for the reset of shorter-term stochastic RSI momentum indicators.
Zooming out to the weekly timeframe unveils a tug of war between bullish and bearish forces, depicted through candlestick patterns. The red candle marking the failed attempt at a new all-time high indicates a fierce battle, culminating in indecision. However, subsequent candles, such as the bullish hammer candle and the green engulfing candle, suggest continued bullish momentum, though the hanging man candle from last week introduces the possibility of a bearish reversal.
The trajectory of this week's price action is critical. A close above the hanging man candle could negate its bearish implications, potentially signaling a breakout from the current consolidation phase. Additionally, monitoring the stochastic RSI on the weekly chart reveals the flattening of signal lines, hinting at a potential reversal to the upside, which could fuel further bullish momentum.
#Bitcoin hit $26K yesterday! 🔥
But Q1 overall #crypto2023 statistics still give us chills.
Let's recall some of the significant #bearorbull numbers this past quarter 👇
#cryptoInfinity_community
But Q1 overall #crypto2023 statistics still give us chills.
Let's recall some of the significant #bearorbull numbers this past quarter 👇
#cryptoInfinity_community
Reserve Bank of India (RBI) on Wednesday said that the retail central bank digital currency (CBDC) pilot, launched on December 1, 2022, has more than 50,000 users and 5,000 merchants...!!
#crypto2023 #bearorbull #crypto #cbdc #cryptoonindia
#crypto2023 #bearorbull #crypto #cbdc #cryptoonindia
Navigating Bitcoin's Waters: GBTC's Move and Market Waves
The crypto seas are choppy with Bitcoin ($BTC ) currently sailing through turbulent waters, heavily influenced by Grayscale Bitcoin Trust (GBTC)'s recent maneuvers. Let's take a look at what's happening and what it could mean for people who are investing into Bitcoin:
GBTC's Tidal Shift: GBTC(Grayscale Bitcoin Trust) significant offload of $BTC to Coinbase, part of a larger trend of liquidation, is creating ripples in the crypto market. This substantial sell-off, running into billions, is impacting Bitcoin's demand and price stability.
Market Undercurrents: The sell-offs are triggering a wave of institutional withdrawals and dampening demand, leading to a retracement in Bitcoin's price. While new U.S. spot Bitcoin ETFs are trying to counterbalance this, they haven't completely offset the impact.
Divergent Analyst Views: Analysts like Chris J Terry from BTCdata Corporation hint at a potential period of stagnation or decline in Bitcoin’s price due to GBTC's sell-off. Contrarily, Mike Novogratz of Galaxy Digital views this as a pivot, expecting investors to redirect their funds into other ETFs, maintaining a bullish stance on Bitcoin
Forecasting the Crypto Climate: Right now, the Bitcoin market is like a boat on a choppy sea, mainly because of what's happening with GBTC (Grayscale Bitcoin Trust). They're selling a lot of their Bitcoin, and this could make the water even rougher. Think of it like a big wave that might push Bitcoin's price down a bit. While this could attract new investors who've been waiting on the shore, it also makes things uncertain and a bit risky for everyone sailing in these waters.
In short, the next few weeks could be pretty important for Bitcoin, depending on how investors react to GBTC’s moves and what happens in the market.
#BTCETFSPOT #BTC #Write2Earn #bearorbull #gbtc
GBTC's Tidal Shift: GBTC(Grayscale Bitcoin Trust) significant offload of $BTC to Coinbase, part of a larger trend of liquidation, is creating ripples in the crypto market. This substantial sell-off, running into billions, is impacting Bitcoin's demand and price stability.
Market Undercurrents: The sell-offs are triggering a wave of institutional withdrawals and dampening demand, leading to a retracement in Bitcoin's price. While new U.S. spot Bitcoin ETFs are trying to counterbalance this, they haven't completely offset the impact.
Divergent Analyst Views: Analysts like Chris J Terry from BTCdata Corporation hint at a potential period of stagnation or decline in Bitcoin’s price due to GBTC's sell-off. Contrarily, Mike Novogratz of Galaxy Digital views this as a pivot, expecting investors to redirect their funds into other ETFs, maintaining a bullish stance on Bitcoin
Forecasting the Crypto Climate: Right now, the Bitcoin market is like a boat on a choppy sea, mainly because of what's happening with GBTC (Grayscale Bitcoin Trust). They're selling a lot of their Bitcoin, and this could make the water even rougher. Think of it like a big wave that might push Bitcoin's price down a bit. While this could attract new investors who've been waiting on the shore, it also makes things uncertain and a bit risky for everyone sailing in these waters.
In short, the next few weeks could be pretty important for Bitcoin, depending on how investors react to GBTC’s moves and what happens in the market.
#BTCETFSPOT #BTC #Write2Earn #bearorbull #gbtc