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Kirill Gaitan l PROFIT_PILOT
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#BTC
#BTCETFs
Hey, guys.
last week spot bitcoin ETFs traded with an outflow result of 170 million.
Stay tuned.
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600
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Kirill Gaitan l PROFIT_PILOT
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Hey, guys. we're on the cusp of the U.S. election results. On the bitcoin chart you can see the previous election and the dynamics of the instrument after. As we can see bitcoin started a new growth cycle, no guarantees that this fractal will repeat again, but we can predict where the price will reach this time in the case of starting a new growth cycle can reach 200 thousand. This is not a financial recommendation. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned. #BTC $BTC
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Hey guys. This is a weekly Bitcoin review. In the last update, the price was trading in the 68K zone and I said that it makes sense to leave part of the position for a breakout to 75K if you have a position and if not, you can trade a local deal when exiting the consolidation. The setup for breaking through the local consolidation was realized and printed about 6% of the movement. I also warned that the crypto market would follow the stock market, which was strongly influenced by the G7 report and macro data. Stock indices began to correct and on Friday the market did not like the weak report on the labor market. All this could not but affect Bitcoin, which closed the week with an unpleasant pin bar. This week there are elections in the US and on Friday, in addition, the Fed's decision on the interest rate. It is generally accepted that in the event of Trump's victory, there will be a more positive scenario for cryptocurrencies and Bitcoin. But nobody really knows how the market will react, and giving any scenarios is like tossing coins. At the moment, the price has returned to the trading zone again. We can see another throw up, but some impulse volume is needed (possibly elections), because now it looks like the price can go even lower. And the key support of 65K should not be broken through, since this will absorb the last wave of growth and break the trend. Open interest has decreased, which indicates a partial exit from shorts. The zones most saturated with liquidations and in case of a breakthrough of which the movement can accelerate are 70.5K and 66.5K. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 #BTC $BTC Stay tuned.
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Hey, guys. I warned that there is no point in buying from a trading point of view at 72K and that there is no need to give in to FOMO. And also we have highlighted the liquidation zones of 75 and 70K which are likely to be taken out. At the moment price is testing 70K support and a reversal could potentially form in this zone, but there is no confirmation of this yet. I will be watching closely for a price return above 70.5K or some additional pin bars, which can be used to enter Long with the potential to move to the 75K area, as the instrument can make another leg of growth very easily, but I don't want to just buy now with a stop below 65K. $BTC #BTC If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned.
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Hey, guys. #MKR after the failed rebranding to #SKY , very heavily oversold. It is in 0.786 Fibo zone and could potentially bounce to 1800 and 2300 zone with R/R 1 to 3, for confirmation I would like to see a retracement under 1500 and W pattern formation. Cancel scenario below $1000. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 $MKR Stay tuned.
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#BTC #liquidationmap $BTC Shorts are burning, I think the price can go to 75K as you can see from the liquidation map in this zone is a fat bun of liquidations, for longs respectively 70K for some time the price can saw this range. If it was useful for you don't forget to subscribe so you don't miss anything and give us a reaction.👍 Stay tuned.
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