btc70k
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Bitcoin hitting the exciting $70k mark, let's dive into discussions, share insights, and celebrate this crypto high together. Come on in, let's talk Bitcoin!
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Bitcoin (BTC) Surpasses 70,000 USDT with 0.09% Increase in 24 Hours
On Jun 04, 2024, 14:18 PM (UTC). According to Binance Market Data, Bitcoin (BTC) has crossed the 70,000 USDT benchmark and is now trading at 70,025.851563 USDT, with 0.09% increase in 24 hours.
#btc70k
🌐What is DeFi?
Decentralized Finance (DeFi) is a new way of providing financial services using blockchain technology.
Unlike traditional finance, DeFi doesn't rely on banks or intermediaries.
Instead, it uses smart contracts on blockchains like Ethereum to create financial products that anyone can use.
*Key Concepts:
-Liquidity Mining: Earn rewards by providing liquidity (i.e., depositing your crypto) to a DeFi platform.
-Yield Farming: Staking or lending your crypto assets to earn high returns, often higher than traditional banking.
-Composability: DeFi protocols can interact and be combined like "money legos" to create new financial products.
Real Examples:
1-Aave (AAVE) 🏦
-Liquidity Mining: Users earn AAVE tokens by supplying or borrowing assets on the Aave platform.
-Impact: This increases liquidity, making Aave a vibrant and active DeFi ecosystem.
*Fun Fact: Aave started as "ETHLend" and is now a top DeFi platform known for its innovative features like flash loans!
2-Uniswap (UNI) 💧
-Liquidity Mining: Users provide liquidity to Uniswap pools and earn UNI tokens.
-Impact: Enhances the liquidity of various tokens, making trading easier and more efficient.
*Fun Fact: Uniswap is one of the most popular decentralized exchanges (DEXs), allowing anyone to trade tokens directly from their wallet!
3-Compound (COMP) 📈
-Yield Farming: Users earn COMP tokens by lending or borrowing assets on Compound.
-Impact: Encourages participation and ensures there’s enough liquidity for borrowers and lenders.
*Fun Fact: Compound was one of the pioneers of DeFi yield farming, sparking a trend that spread across the DeFi world!
If you found this helpful, give it a like and stay tuned for more easy-to-understand crypto insights! 👍🌟
Follow me for more easy-to-understand educational posts! 🌟📚
$AAVE $UNI $COMP
#Aave 🏦 #Uniswap 💧 #Compound 📈
🌐What is DeFi?
Decentralized Finance (DeFi) is a new way of providing financial services using blockchain technology.
Unlike traditional finance, DeFi doesn't rely on banks or intermediaries.
Instead, it uses smart contracts on blockchains like Ethereum to create financial products that anyone can use.
*Key Concepts:
-Liquidity Mining: Earn rewards by providing liquidity (i.e., depositing your crypto) to a DeFi platform.
-Yield Farming: Staking or lending your crypto assets to earn high returns, often higher than traditional banking.
-Composability: DeFi protocols can interact and be combined like "money legos" to create new financial products.
Real Examples:
1-Aave (AAVE) 🏦
-Liquidity Mining: Users earn AAVE tokens by supplying or borrowing assets on the Aave platform.
-Impact: This increases liquidity, making Aave a vibrant and active DeFi ecosystem.
*Fun Fact: Aave started as "ETHLend" and is now a top DeFi platform known for its innovative features like flash loans!
2-Uniswap (UNI) 💧
-Liquidity Mining: Users provide liquidity to Uniswap pools and earn UNI tokens.
-Impact: Enhances the liquidity of various tokens, making trading easier and more efficient.
*Fun Fact: Uniswap is one of the most popular decentralized exchanges (DEXs), allowing anyone to trade tokens directly from their wallet!
3-Compound (COMP) 📈
-Yield Farming: Users earn COMP tokens by lending or borrowing assets on Compound.
-Impact: Encourages participation and ensures there’s enough liquidity for borrowers and lenders.
*Fun Fact: Compound was one of the pioneers of DeFi yield farming, sparking a trend that spread across the DeFi world!
If you found this helpful, give it a like and stay tuned for more easy-to-understand crypto insights! 👍🌟
Follow me for more easy-to-understand educational posts! 🌟📚
$AAVE $UNI $COMP
#Aave 🏦 #Uniswap 💧 #Compound 📈
#btc70k
Valuation Models
💹Understanding Token Value:
Valuation models help determine the worth of a token within its ecosystem.
Let's explore two key models and see how they apply to Bitcoin (BTC), Binance Coin (BNB), and Shiba Inu (SHIB).
1-Key Models:
Equation of Exchange: Estimates a token's value based on its usage (velocity) and total supply.Network Value to Transactions
2- Ratio (NVT): Compares a blockchain's market value to its transaction volume, similar to a price-to-earnings ratio in stocks.
Real Examples: Bitcoin, Binance Coin, and Shiba Inu
1-Bitcoin (BTC) 🪙
-Equation of Exchange: Bitcoin’s value is driven by its limited supply (21 million) and its usage as digital gold.NVT
-Ratio: Bitcoin often has a high NVT ratio, indicating it’s used more as a store of value rather than for frequent transactions.
*Fun Fact: Think of Bitcoin like a rare collectible. Not many transactions, but each one is worth a lot!
2-Binance Coin (BNB) 🚀
-Equation of Exchange: Binance Coin’s value is driven by its use within the Binance ecosystem for trading fee discounts, transaction fees, and more.NVT
-Ratio: Binance Coin has a lower NVT ratio compared to Bitcoin, reflecting its frequent use in the Binance exchange and ecosystem.
*Fun Fact: Binance Coin is like the VIP pass for the Binance platform, offering discounts and special features!
3-Shiba Inu (SHIB) 🐕
-Equation of Exchange: Shiba Inu’s value is largely driven by community engagement and social media trends. It has a large supply, which can lead to volatility.NVT
-Ratio: Shiba Inu has a lower NVT ratio, showing frequent use for microtransactions and community-driven activities but often driven by trends rather than inherent value.
*Fun Fact: Shiba Inu is like the playful token you use to participate in a fun and engaging community!
If you found this helpful, give it a like and stay tuned for more easy-to-understand crypto insights! 👍🌟
-Follow me for more easy-to-understand educational posts! 🌟
$BTC $BNB $SHIB
#bitcoin 🪙 #binancecoin 🚀 #shibainu 🐕
Valuation Models
💹Understanding Token Value:
Valuation models help determine the worth of a token within its ecosystem.
Let's explore two key models and see how they apply to Bitcoin (BTC), Binance Coin (BNB), and Shiba Inu (SHIB).
1-Key Models:
Equation of Exchange: Estimates a token's value based on its usage (velocity) and total supply.Network Value to Transactions
2- Ratio (NVT): Compares a blockchain's market value to its transaction volume, similar to a price-to-earnings ratio in stocks.
Real Examples: Bitcoin, Binance Coin, and Shiba Inu
1-Bitcoin (BTC) 🪙
-Equation of Exchange: Bitcoin’s value is driven by its limited supply (21 million) and its usage as digital gold.NVT
-Ratio: Bitcoin often has a high NVT ratio, indicating it’s used more as a store of value rather than for frequent transactions.
*Fun Fact: Think of Bitcoin like a rare collectible. Not many transactions, but each one is worth a lot!
2-Binance Coin (BNB) 🚀
-Equation of Exchange: Binance Coin’s value is driven by its use within the Binance ecosystem for trading fee discounts, transaction fees, and more.NVT
-Ratio: Binance Coin has a lower NVT ratio compared to Bitcoin, reflecting its frequent use in the Binance exchange and ecosystem.
*Fun Fact: Binance Coin is like the VIP pass for the Binance platform, offering discounts and special features!
3-Shiba Inu (SHIB) 🐕
-Equation of Exchange: Shiba Inu’s value is largely driven by community engagement and social media trends. It has a large supply, which can lead to volatility.NVT
-Ratio: Shiba Inu has a lower NVT ratio, showing frequent use for microtransactions and community-driven activities but often driven by trends rather than inherent value.
*Fun Fact: Shiba Inu is like the playful token you use to participate in a fun and engaging community!
If you found this helpful, give it a like and stay tuned for more easy-to-understand crypto insights! 👍🌟
-Follow me for more easy-to-understand educational posts! 🌟
$BTC $BNB $SHIB
#bitcoin 🪙 #binancecoin 🚀 #shibainu 🐕
🟢Day 10 : Trade Update on $100 to $1000 Challenge🟢
Yesterday was BRUTAL, and today woke-up to a COMEBACK!🔥
We are at $200!💎
Closed my $ETH and $BCH long for a combined profit of $99 an d capital is now rotated into JASMY.
Market Update :
If BTC fails to closed above 64100 on the daily, then yesterday's move was a fake pump! The 4h structure is bearish and would advise new traders to spectate and not dive into trades blindly.
Active Trades :
$JASMY - long (SL at BE)
Won't trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!
Wallet Update :
I started the day with $116
Current wallet update:$215
Coins I am looking at :
BCH / DOGE / SHIB / BTC / SOL / BONKE
I have some unrealized gains. Going to ride this wave and see what I get!🥂
#btc70k #BNB #ETH
Yesterday was BRUTAL, and today woke-up to a COMEBACK!🔥
We are at $200!💎
Closed my $ETH and $BCH long for a combined profit of $99 an d capital is now rotated into JASMY.
Market Update :
If BTC fails to closed above 64100 on the daily, then yesterday's move was a fake pump! The 4h structure is bearish and would advise new traders to spectate and not dive into trades blindly.
Active Trades :
$JASMY - long (SL at BE)
Won't trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!
Wallet Update :
I started the day with $116
Current wallet update:$215
Coins I am looking at :
BCH / DOGE / SHIB / BTC / SOL / BONKE
I have some unrealized gains. Going to ride this wave and see what I get!🥂
#btc70k #BNB #ETH
🚨🚨 #Bitcoin Update, MUST READ!! 🚨🚨
~
Will we see another dip for $BTC ? Or will we continue up from here? Find out in this post.
~
In this post, I'll compare #SPX & #BTC to see if the bottom is in.
~
Let's start with SPX (1st & 2nd photo):
The stock market and BTC are highly co-related and since we had a major correction in the stock market yesterday, we saw this dip for bitcoin.
But on the bright side, SPX right now is holding the 20 weekly EMA (1st chart) and whenever we tap the 20 EMA, we shoot up with great strength when we're in an uptrend (2nd chart).
SPX broke out of the previous ATH and shot up to 1.272 fib, then came down to the 20 EMA and held it as support. After that, we shot up to the 1.414 fib level and now came back to the 20 EMA for support. And we'll soon start our journey towards the 1.618 & 1.786 fib levels, which will be the Cycle top for SPX and BTC will also print a cycle top along with it before a prolonged bear market starts for crypto.
~
Bitcoin update:
1D: As I said early, we had a double top forming on the bitcoin daily time frame, and after a perfect retest of the neckline, we reached the technical target of the double top. Even going beyond the target since we lost the 0.5 fib level.
Now we're holding the 0.386 fib level pretty well, if this support is lost, then the next target is the 0.236 fib level, which I'd say is very unlikely but is in the charts if we lose support.
4H: In the 4H time frame, we've been creating a bullish divergence since July 30th, which is a very good thing to see before trend reversal. Right now, I'm waiting to see what happens. If we go near the 4H 20 EMA, if we get rejected, the 0.236 fib level may happen. If we break above it, then the trend has flipped, and we'll very likely pump up.
~
Thanks for reading; stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #ETF
~
Will we see another dip for $BTC ? Or will we continue up from here? Find out in this post.
~
In this post, I'll compare #SPX & #BTC to see if the bottom is in.
~
Let's start with SPX (1st & 2nd photo):
The stock market and BTC are highly co-related and since we had a major correction in the stock market yesterday, we saw this dip for bitcoin.
But on the bright side, SPX right now is holding the 20 weekly EMA (1st chart) and whenever we tap the 20 EMA, we shoot up with great strength when we're in an uptrend (2nd chart).
SPX broke out of the previous ATH and shot up to 1.272 fib, then came down to the 20 EMA and held it as support. After that, we shot up to the 1.414 fib level and now came back to the 20 EMA for support. And we'll soon start our journey towards the 1.618 & 1.786 fib levels, which will be the Cycle top for SPX and BTC will also print a cycle top along with it before a prolonged bear market starts for crypto.
~
Bitcoin update:
1D: As I said early, we had a double top forming on the bitcoin daily time frame, and after a perfect retest of the neckline, we reached the technical target of the double top. Even going beyond the target since we lost the 0.5 fib level.
Now we're holding the 0.386 fib level pretty well, if this support is lost, then the next target is the 0.236 fib level, which I'd say is very unlikely but is in the charts if we lose support.
4H: In the 4H time frame, we've been creating a bullish divergence since July 30th, which is a very good thing to see before trend reversal. Right now, I'm waiting to see what happens. If we go near the 4H 20 EMA, if we get rejected, the 0.236 fib level may happen. If we break above it, then the trend has flipped, and we'll very likely pump up.
~
Thanks for reading; stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #ETF
LIVEAnonymous B69
--
Bullish
🚨🚨 #Bitcoin Update, MUST READ!! 🚨🚨
~
Is the bottom in for $BTC ? Are we ready to pump? Find out in this post.
~
In this post, I'll explain what we can expect for #BTC going forward.
~
Let's start with the previous trade setup:
As I said in the quoted post, wait for the confirmation to see if the 68.4k support holds; it didn't hold. We literally fell right through it.
I hope no one entered this trade since there was no confirmation, and this was invalidated eventually.
~
Current situation update:
On the daily time frame, BTC came down to the green zone, which also aligns with the 0.618 fib level, and we saw a bounce off of this level again, just like before.
Keep in mind that this is also a double-top neckline; if we dump from here, the technical target is around 60k. But one thing that's good here is that the oscillator has finally been reset completely and is ready for a pump with full force.
The August prediction of 82k BTC still stands; going forward, let's see what happens.
~
On the 4 hourly, BTC got rejected by the 20 EMA and dumped into the green zone. This happened mainly because of the FOMC data yesterday. The market was waiting for a rate cut, but since it remained the same, we saw this sell-off. This is just a short-term dump, which we'll recover from very soon.
On the bright side, we have a bullish divergence, which is confirmed at the support level, and we can expect a bounce back soon. Going forward, I'd like to see BTC break out of the 20 EMA both on the daily and 4H. This is what I'm looking forward to right now.
~
Thanks for reading, stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #Binance #ETF
~
Is the bottom in for $BTC ? Are we ready to pump? Find out in this post.
~
In this post, I'll explain what we can expect for #BTC going forward.
~
Let's start with the previous trade setup:
As I said in the quoted post, wait for the confirmation to see if the 68.4k support holds; it didn't hold. We literally fell right through it.
I hope no one entered this trade since there was no confirmation, and this was invalidated eventually.
~
Current situation update:
On the daily time frame, BTC came down to the green zone, which also aligns with the 0.618 fib level, and we saw a bounce off of this level again, just like before.
Keep in mind that this is also a double-top neckline; if we dump from here, the technical target is around 60k. But one thing that's good here is that the oscillator has finally been reset completely and is ready for a pump with full force.
The August prediction of 82k BTC still stands; going forward, let's see what happens.
~
On the 4 hourly, BTC got rejected by the 20 EMA and dumped into the green zone. This happened mainly because of the FOMC data yesterday. The market was waiting for a rate cut, but since it remained the same, we saw this sell-off. This is just a short-term dump, which we'll recover from very soon.
On the bright side, we have a bullish divergence, which is confirmed at the support level, and we can expect a bounce back soon. Going forward, I'd like to see BTC break out of the 20 EMA both on the daily and 4H. This is what I'm looking forward to right now.
~
Thanks for reading, stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #Binance #ETF
🟢Day 9 : Trade Update on $100 to $1000 Challenge🟢
If I were to use one -word to describe it: BRUTAL!🔴
Active Trades :
$ETH - long
$JASMY - long
$BCH - long
Wont trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!
Wallet Update :
I started the day with $155
Ended with $116
Have some unrealized gains, going to ride this wave and see what i get!🥂
#btc70k #BNB #ETH
If I were to use one -word to describe it: BRUTAL!🔴
Active Trades :
$ETH - long
$JASMY - long
$BCH - long
Wont trade #Bitcoin❗ until we cross 65k, and I am sure this PUMP has momentum!
Wallet Update :
I started the day with $155
Ended with $116
Have some unrealized gains, going to ride this wave and see what i get!🥂
#btc70k #BNB #ETH
🚨🚨 #Bitcoin Update, MUST READ!! 🚨🚨
~
Is the bottom in for $BTC ? Are we ready to pump? Find out in this post.
~
In this post, I'll explain what we can expect for #BTC going forward.
~
Let's start with the previous trade setup:
As I said in the quoted post, wait for the confirmation to see if the 68.4k support holds; it didn't hold. We literally fell right through it.
I hope no one entered this trade since there was no confirmation, and this was invalidated eventually.
~
Current situation update:
On the daily time frame, BTC came down to the green zone, which also aligns with the 0.618 fib level, and we saw a bounce off of this level again, just like before.
Keep in mind that this is also a double-top neckline; if we dump from here, the technical target is around 60k. But one thing that's good here is that the oscillator has finally been reset completely and is ready for a pump with full force.
The August prediction of 82k BTC still stands; going forward, let's see what happens.
~
On the 4 hourly, BTC got rejected by the 20 EMA and dumped into the green zone. This happened mainly because of the FOMC data yesterday. The market was waiting for a rate cut, but since it remained the same, we saw this sell-off. This is just a short-term dump, which we'll recover from very soon.
On the bright side, we have a bullish divergence, which is confirmed at the support level, and we can expect a bounce back soon. Going forward, I'd like to see BTC break out of the 20 EMA both on the daily and 4H. This is what I'm looking forward to right now.
~
Thanks for reading, stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #Binance #ETF
~
Is the bottom in for $BTC ? Are we ready to pump? Find out in this post.
~
In this post, I'll explain what we can expect for #BTC going forward.
~
Let's start with the previous trade setup:
As I said in the quoted post, wait for the confirmation to see if the 68.4k support holds; it didn't hold. We literally fell right through it.
I hope no one entered this trade since there was no confirmation, and this was invalidated eventually.
~
Current situation update:
On the daily time frame, BTC came down to the green zone, which also aligns with the 0.618 fib level, and we saw a bounce off of this level again, just like before.
Keep in mind that this is also a double-top neckline; if we dump from here, the technical target is around 60k. But one thing that's good here is that the oscillator has finally been reset completely and is ready for a pump with full force.
The August prediction of 82k BTC still stands; going forward, let's see what happens.
~
On the 4 hourly, BTC got rejected by the 20 EMA and dumped into the green zone. This happened mainly because of the FOMC data yesterday. The market was waiting for a rate cut, but since it remained the same, we saw this sell-off. This is just a short-term dump, which we'll recover from very soon.
On the bright side, we have a bullish divergence, which is confirmed at the support level, and we can expect a bounce back soon. Going forward, I'd like to see BTC break out of the 20 EMA both on the daily and 4H. This is what I'm looking forward to right now.
~
Thanks for reading, stay safe.🤝🏻
~
PS: If you like my posts, and found this post informative, feel free to leave a tip by clicking the yellow tipping button below. I'll be grateful.❤️
#btc70k #Binance #ETF
LIVEAnonymous B69
--
Bullish
#Bitcoin Update! MUST READ.
~
Is #BTC about to print a $10,000 candle? Find out in this post.
~
In this post, I'll explain what we can expect from bitcoin in the next 4-7 days.
~
Following up from my previous post, I can say the likelihood of this pump being an ABC correction has been invalidated. We also broke out of the MA resistance on the oscillator, which is a very good sign.
~
Going forward, $BTC on the daily is ready to continue upwards, and right now we're at a key resistance zone. When we break out of this zone, we'll be at a technical target of a minimum of $71,792 bitcoin. (1st chart)
On the other hand, if we fail to break out of this resistance level and start to roll down, we have confirmed the double top pattern, and once we lose the neckline at $65k, the technical target of this dump will be approximately $62k.
Let's just hope that BTC manages to flip it's resistance into support. With the Trump speech imminent, we may see a huge green candle going forward, thus flipping the resistance. Let's see what happens.
~
Let's talk about the 4H (2nd chart):
The divergence I was talking about is still valid, and the possibility of us dumping here is high. The best case scenario will be to go down, retest the 0.5 fib level as support while the oscillator resets, and then shoot back up.
I'd also like to mention that when the daily is bullish, the 4H oscillator stays on top for a very long time before becoming neutral.
With the Trump speech imminent, I think we'll likely see the oscillator stay on top for a very long time before rolling down. But just in case, be careful.
~
Thanks for reading, Stay safe.🤝🏻
~
AD: If you're interested in learning technical analysis like I do, comment "Teach Me" also mentioned your email ID for me to reach you, and I'll personally reach out to guide you on your journey with my exclusive one-on-one coaching sessions.
#ETF #btc70k #BTC☀
~
Is #BTC about to print a $10,000 candle? Find out in this post.
~
In this post, I'll explain what we can expect from bitcoin in the next 4-7 days.
~
Following up from my previous post, I can say the likelihood of this pump being an ABC correction has been invalidated. We also broke out of the MA resistance on the oscillator, which is a very good sign.
~
Going forward, $BTC on the daily is ready to continue upwards, and right now we're at a key resistance zone. When we break out of this zone, we'll be at a technical target of a minimum of $71,792 bitcoin. (1st chart)
On the other hand, if we fail to break out of this resistance level and start to roll down, we have confirmed the double top pattern, and once we lose the neckline at $65k, the technical target of this dump will be approximately $62k.
Let's just hope that BTC manages to flip it's resistance into support. With the Trump speech imminent, we may see a huge green candle going forward, thus flipping the resistance. Let's see what happens.
~
Let's talk about the 4H (2nd chart):
The divergence I was talking about is still valid, and the possibility of us dumping here is high. The best case scenario will be to go down, retest the 0.5 fib level as support while the oscillator resets, and then shoot back up.
I'd also like to mention that when the daily is bullish, the 4H oscillator stays on top for a very long time before becoming neutral.
With the Trump speech imminent, I think we'll likely see the oscillator stay on top for a very long time before rolling down. But just in case, be careful.
~
Thanks for reading, Stay safe.🤝🏻
~
AD: If you're interested in learning technical analysis like I do, comment "Teach Me" also mentioned your email ID for me to reach you, and I'll personally reach out to guide you on your journey with my exclusive one-on-one coaching sessions.
#ETF #btc70k #BTC☀
🟢Day 7: Trade Update on $100 to $1000 Challenge🟢
Opened a new short positon on one of the top movers💎
Active Trades :
$DOGE - LONG
$SHIB - LONG
$JASMY - SHORT
Follow me along this journey and learn as we progress together!🥂
#btc70k #BinanceEverywhere #ETH🔥🔥🔥🔥
Just saw this trade has had a very quick reaction! Sniped the top🥂
Opened a new short positon on one of the top movers💎
Active Trades :
$DOGE - LONG
$SHIB - LONG
$JASMY - SHORT
Follow me along this journey and learn as we progress together!🥂
#btc70k #BinanceEverywhere #ETH🔥🔥🔥🔥
Just saw this trade has had a very quick reaction! Sniped the top🥂
🟢Day 6: Trade Update on $100 to $1000 Challenge🟢
Closed that $BCH long for a $58 move!
Updated Account Balance at $184
Active Trades :
$DOGE
$SHIB
Not entering anything at market right now. Will wait for Monday range to be formed when NYC market opens!
Follow me along this journey and learn as we progress together!🥂
#btc70k #BNB #ETH
Closed that $BCH long for a $58 move!
Updated Account Balance at $184
Active Trades :
$DOGE
$SHIB
Not entering anything at market right now. Will wait for Monday range to be formed when NYC market opens!
Follow me along this journey and learn as we progress together!🥂
#btc70k #BNB #ETH
Elinizdeki altcoinlere sahip çıkın.
Önümüzdeki 12 ay çok ciddi bir ralli gelecek. Bu ralliyi yakalayanlar çok ciddi şekilde kasalarını büyütecekler ve milyonerler kulübüne isimlerini yazdıracaklar.
Neyi nereden aldığınızın şuan için bir önemi yok.
Bazısı 2x, bazısı 20x, bazısı 200x gidecek.
İlk Kural:
1- Aldığınız koinlerde hikaye olmasına özen gösterin.
2- Kendinize bir strateji oluşturun. (Örneğin 5x olursa satarım demesini bilin)
3- Sepetinizi çeşitlendirin.
4- Kazanacağınız paraları kazanmadan önce kendinize bu para ile yapacağınız hedefler koyun.
Psikolojik olarak bu savaşa hazırlanmak en önemlisi,
bu savaşı kazanmadan önce kazanacağınız bu zafer sonrasında ne yapacağınızı şimdiden belirlemek ise daha da önem arz ediyor!..
Yolumuz açık olsun.
ALTCOIN Rallisi Geliyor!..
#Altcoins! #ALTCOİNLER #Binance #btc70k
Önümüzdeki 12 ay çok ciddi bir ralli gelecek. Bu ralliyi yakalayanlar çok ciddi şekilde kasalarını büyütecekler ve milyonerler kulübüne isimlerini yazdıracaklar.
Neyi nereden aldığınızın şuan için bir önemi yok.
Bazısı 2x, bazısı 20x, bazısı 200x gidecek.
İlk Kural:
1- Aldığınız koinlerde hikaye olmasına özen gösterin.
2- Kendinize bir strateji oluşturun. (Örneğin 5x olursa satarım demesini bilin)
3- Sepetinizi çeşitlendirin.
4- Kazanacağınız paraları kazanmadan önce kendinize bu para ile yapacağınız hedefler koyun.
Psikolojik olarak bu savaşa hazırlanmak en önemlisi,
bu savaşı kazanmadan önce kazanacağınız bu zafer sonrasında ne yapacağınızı şimdiden belirlemek ise daha da önem arz ediyor!..
Yolumuz açık olsun.
ALTCOIN Rallisi Geliyor!..
#Altcoins! #ALTCOİNLER #Binance #btc70k
LIVEAltcoinMaestro
--
Bullish
$BTC
Long $BTC and take profits at #btc70 #btc73k #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #Write2Earn!
Long $BTC and take profits at #btc70 #btc73k #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #Write2Earn!
How Cryptocurrencies Will Thrive Despite Government Actions
Cryptocurrency Market Valuation and Influence
As of August 2023, Forbes estimated that the global market capitalization of cryptocurrencies was around 1.09 trillion USD. This staggering number highlights the significant power and influence of cryptocurrencies, even as many governments strive to regulate them.
The Journey of Cryptocurrencies: From Doubt to Dominance
Initially, cryptocurrencies such as Bitcoin and Ethereum were met with skepticism and distrust. Many believed they were a fleeting trend destined for failure. The concept of money without physical existence, fluctuating in value daily, seemed disastrous. However, as individuals and businesses recognized the advantages of this decentralized exchange method, cryptocurrency values soared. This growth inevitably led to strict regulations by various governments trying to control this global phenomenon.
China’s Strict Stance on Cryptocurrencies: Regulation or Control?
Several countries have attempted to limit cryptocurrency use, adhering to traditional financial systems. Notably, China has imposed a total ban on cryptocurrency trading and mining. In 2021, the Chinese government intensified its crackdown on the crypto industry, causing many mining operations to shut down and leading to a 21% market drop in China. The government cited concerns about market instability and potential fraud, though some believe the promotion of China's CBDC, the e-yuan, reveals a fear of losing financial control rather than genuine concern for stability.
Global Regulatory Landscape: African and Latin American Perspectives
Countries like Ghana, Algeria, Bolivia, and Ecuador have also implemented blanket bans on cryptocurrencies, reflecting a global trend of regulatory scrutiny and caution.
The Growing Appeal of Cryptocurrencies: Economic Freedom and Global Trade
Despite regulatory challenges, the economic freedom offered by decentralized currencies is highly attractive. New cryptocurrency applications, such as NFTs and the metaverse, are emerging, further solidifying their relevance. Digital currencies have immense potential, particularly for the billions of unbanked individuals worldwide. In a world with increasingly blurred borders, cryptocurrencies provide a reliable and cost-effective means to facilitate global trade and economic cooperation.
Conclusion: The Future of Money
Cryptocurrencies are redefining the concept of money in groundbreaking ways. Whether embraced or resisted, their integration into technology-driven economies is inevitable. Overcoming challenges and skepticism, cryptocurrencies are here to stay. As we watch this transformation unfold, we have front-row seats to the future of money.
#Bitcoin #btc70k #bitcoin #BTC #Crypto2024
$BTC
As of August 2023, Forbes estimated that the global market capitalization of cryptocurrencies was around 1.09 trillion USD. This staggering number highlights the significant power and influence of cryptocurrencies, even as many governments strive to regulate them.
The Journey of Cryptocurrencies: From Doubt to Dominance
Initially, cryptocurrencies such as Bitcoin and Ethereum were met with skepticism and distrust. Many believed they were a fleeting trend destined for failure. The concept of money without physical existence, fluctuating in value daily, seemed disastrous. However, as individuals and businesses recognized the advantages of this decentralized exchange method, cryptocurrency values soared. This growth inevitably led to strict regulations by various governments trying to control this global phenomenon.
China’s Strict Stance on Cryptocurrencies: Regulation or Control?
Several countries have attempted to limit cryptocurrency use, adhering to traditional financial systems. Notably, China has imposed a total ban on cryptocurrency trading and mining. In 2021, the Chinese government intensified its crackdown on the crypto industry, causing many mining operations to shut down and leading to a 21% market drop in China. The government cited concerns about market instability and potential fraud, though some believe the promotion of China's CBDC, the e-yuan, reveals a fear of losing financial control rather than genuine concern for stability.
Global Regulatory Landscape: African and Latin American Perspectives
Countries like Ghana, Algeria, Bolivia, and Ecuador have also implemented blanket bans on cryptocurrencies, reflecting a global trend of regulatory scrutiny and caution.
The Growing Appeal of Cryptocurrencies: Economic Freedom and Global Trade
Despite regulatory challenges, the economic freedom offered by decentralized currencies is highly attractive. New cryptocurrency applications, such as NFTs and the metaverse, are emerging, further solidifying their relevance. Digital currencies have immense potential, particularly for the billions of unbanked individuals worldwide. In a world with increasingly blurred borders, cryptocurrencies provide a reliable and cost-effective means to facilitate global trade and economic cooperation.
Conclusion: The Future of Money
Cryptocurrencies are redefining the concept of money in groundbreaking ways. Whether embraced or resisted, their integration into technology-driven economies is inevitable. Overcoming challenges and skepticism, cryptocurrencies are here to stay. As we watch this transformation unfold, we have front-row seats to the future of money.
#Bitcoin #btc70k #bitcoin #BTC #Crypto2024
$BTC
Day 4: Trade Update 🙌
I closed my ETH #longpositions and opened a quick $ETH scalp at CMP.
Given that Trump speaks at #Bitcoin_Coneference_2024 today, I expect the market to give a quick pump but will be hit by resistance on #btc70k or the 72k wall. Which means the market would have enough to fuel a downside move and it's #weekend
As per my last update, $ETH did not close above the level I intended and considering we still have $9.5B in outflow left, I expect the bottom to be in another two weeks from now.
I closed my ETH #longpositions and opened a quick $ETH scalp at CMP.
Given that Trump speaks at #Bitcoin_Coneference_2024 today, I expect the market to give a quick pump but will be hit by resistance on #btc70k or the 72k wall. Which means the market would have enough to fuel a downside move and it's #weekend
As per my last update, $ETH did not close above the level I intended and considering we still have $9.5B in outflow left, I expect the bottom to be in another two weeks from now.
#Bitcoin Update! MUST READ.
~
Is #BTC about to print a $10,000 candle? Find out in this post.
~
In this post, I'll explain what we can expect from bitcoin in the next 4-7 days.
~
Following up from my previous post, I can say the likelihood of this pump being an ABC correction has been invalidated. We also broke out of the MA resistance on the oscillator, which is a very good sign.
~
Going forward, $BTC on the daily is ready to continue upwards, and right now we're at a key resistance zone. When we break out of this zone, we'll be at a technical target of a minimum of $71,792 bitcoin. (1st chart)
On the other hand, if we fail to break out of this resistance level and start to roll down, we have confirmed the double top pattern, and once we lose the neckline at $65k, the technical target of this dump will be approximately $62k.
Let's just hope that BTC manages to flip it's resistance into support. With the Trump speech imminent, we may see a huge green candle going forward, thus flipping the resistance. Let's see what happens.
~
Let's talk about the 4H (2nd chart):
The divergence I was talking about is still valid, and the possibility of us dumping here is high. The best case scenario will be to go down, retest the 0.5 fib level as support while the oscillator resets, and then shoot back up.
I'd also like to mention that when the daily is bullish, the 4H oscillator stays on top for a very long time before becoming neutral.
With the Trump speech imminent, I think we'll likely see the oscillator stay on top for a very long time before rolling down. But just in case, be careful.
~
Thanks for reading, Stay safe.🤝🏻
~
AD: If you're interested in learning technical analysis like I do, comment "Teach Me" also mentioned your email ID for me to reach you, and I'll personally reach out to guide you on your journey with my exclusive one-on-one coaching sessions.
#ETF #btc70k #BTC☀
~
Is #BTC about to print a $10,000 candle? Find out in this post.
~
In this post, I'll explain what we can expect from bitcoin in the next 4-7 days.
~
Following up from my previous post, I can say the likelihood of this pump being an ABC correction has been invalidated. We also broke out of the MA resistance on the oscillator, which is a very good sign.
~
Going forward, $BTC on the daily is ready to continue upwards, and right now we're at a key resistance zone. When we break out of this zone, we'll be at a technical target of a minimum of $71,792 bitcoin. (1st chart)
On the other hand, if we fail to break out of this resistance level and start to roll down, we have confirmed the double top pattern, and once we lose the neckline at $65k, the technical target of this dump will be approximately $62k.
Let's just hope that BTC manages to flip it's resistance into support. With the Trump speech imminent, we may see a huge green candle going forward, thus flipping the resistance. Let's see what happens.
~
Let's talk about the 4H (2nd chart):
The divergence I was talking about is still valid, and the possibility of us dumping here is high. The best case scenario will be to go down, retest the 0.5 fib level as support while the oscillator resets, and then shoot back up.
I'd also like to mention that when the daily is bullish, the 4H oscillator stays on top for a very long time before becoming neutral.
With the Trump speech imminent, I think we'll likely see the oscillator stay on top for a very long time before rolling down. But just in case, be careful.
~
Thanks for reading, Stay safe.🤝🏻
~
AD: If you're interested in learning technical analysis like I do, comment "Teach Me" also mentioned your email ID for me to reach you, and I'll personally reach out to guide you on your journey with my exclusive one-on-one coaching sessions.
#ETF #btc70k #BTC☀
LIVEAnonymous B69
--
Bearish
Major #Bitcoin Update!🤑
~
Are we going to continue dumping? Find out in this post.
~
In this post, I'll update on the possible reversal or dump targets. And we will also update on the Wyckoff re-accumulation pattern.
~
Let's start with the daily (1st chart):
As I said in the quoted post below, $BTC went down and tapped the 0.618 fib and then shot back up, creating a bullish hammer candle on the daily time frame. The retest of the 20 EMA along with the 0.618 fib level is done.
One concerning thing I'm seeing here is that this pattern looks like an ABC correction pattern. If #BTC is in an ABC pattern here, then we'll break the yellow support zone and go lower, possibly to the 0.5 or 0.382 fib levels, before seeing a reversal.
In order to invalidate this, break the previous high of $68,486 and make a higher high. While doing so, we also want to see a breakout in the oscillator. Right now, we're on our way to face the moving average in it as resistance. Getting a rejection there will indicate a further downside possibility, and the ABC pattern is likely in play.
~
Now let's move to the 4H (2nd chart):
On the 4H, I found a hidden bearish divergence, which indicates that the bulls are losing momentum and the bears will likely take over soon. In order to invalidate this, the same thing needs to be done: break the previous high.
If I see a rejection off of the 20 EMA near the 0.386 fib level and we never manage to break out of the 0.236 fib level, there'll be a good short opportunity. Right now, I'm waiting for the confirmation to enter this short and will update my clients if I get the confirmation.
The technical target down, if we lose the yellow zone on the 4H, is the 1.272 & 1.618 fib levels. You can see the price on the chart.
~
Wyckoff Re-Accumulation Pattern Update (3rd & 4th charts):
The pattern is in the 3rd chart and in the 4th chart, I have drawn the pattern for you guys to see. And so far, it's following the pattern exactly. If you want a detailed explanation, read the detailed one on my feed
~
Thanks for reading, stay safe.🤝
#btc70k #Binance
~
Are we going to continue dumping? Find out in this post.
~
In this post, I'll update on the possible reversal or dump targets. And we will also update on the Wyckoff re-accumulation pattern.
~
Let's start with the daily (1st chart):
As I said in the quoted post below, $BTC went down and tapped the 0.618 fib and then shot back up, creating a bullish hammer candle on the daily time frame. The retest of the 20 EMA along with the 0.618 fib level is done.
One concerning thing I'm seeing here is that this pattern looks like an ABC correction pattern. If #BTC is in an ABC pattern here, then we'll break the yellow support zone and go lower, possibly to the 0.5 or 0.382 fib levels, before seeing a reversal.
In order to invalidate this, break the previous high of $68,486 and make a higher high. While doing so, we also want to see a breakout in the oscillator. Right now, we're on our way to face the moving average in it as resistance. Getting a rejection there will indicate a further downside possibility, and the ABC pattern is likely in play.
~
Now let's move to the 4H (2nd chart):
On the 4H, I found a hidden bearish divergence, which indicates that the bulls are losing momentum and the bears will likely take over soon. In order to invalidate this, the same thing needs to be done: break the previous high.
If I see a rejection off of the 20 EMA near the 0.386 fib level and we never manage to break out of the 0.236 fib level, there'll be a good short opportunity. Right now, I'm waiting for the confirmation to enter this short and will update my clients if I get the confirmation.
The technical target down, if we lose the yellow zone on the 4H, is the 1.272 & 1.618 fib levels. You can see the price on the chart.
~
Wyckoff Re-Accumulation Pattern Update (3rd & 4th charts):
The pattern is in the 3rd chart and in the 4th chart, I have drawn the pattern for you guys to see. And so far, it's following the pattern exactly. If you want a detailed explanation, read the detailed one on my feed
~
Thanks for reading, stay safe.🤝
#btc70k #Binance
BTC Next Target To Break 70K$BTC
Join Free Personal trades . +923191098850
#btcupdate #btc70k #bullrun2024
Join Free Personal trades . +923191098850
#btcupdate #btc70k #bullrun2024
@10x_Research -> Discover a comprehensive hub for all our research insights on a single page. Stay informed with the latest market updates, newsletters, trading signals, and strategy reports. Effortlessly navigate through our most recent research to make well-informed decisions with ease.
https://10xresearch.co/latest/
#Bitcoin❗ #btc70k #BTC☀
https://10xresearch.co/latest/
#Bitcoin❗ #btc70k #BTC☀
Major #Bitcoin Update!🤑
~
Are we going to continue dumping? Find out in this post.
~
In this post, I'll update on the possible reversal or dump targets. And we will also update on the Wyckoff re-accumulation pattern.
~
Let's start with the daily (1st chart):
As I said in the quoted post below, $BTC went down and tapped the 0.618 fib and then shot back up, creating a bullish hammer candle on the daily time frame. The retest of the 20 EMA along with the 0.618 fib level is done.
One concerning thing I'm seeing here is that this pattern looks like an ABC correction pattern. If #BTC is in an ABC pattern here, then we'll break the yellow support zone and go lower, possibly to the 0.5 or 0.382 fib levels, before seeing a reversal.
In order to invalidate this, break the previous high of $68,486 and make a higher high. While doing so, we also want to see a breakout in the oscillator. Right now, we're on our way to face the moving average in it as resistance. Getting a rejection there will indicate a further downside possibility, and the ABC pattern is likely in play.
~
Now let's move to the 4H (2nd chart):
On the 4H, I found a hidden bearish divergence, which indicates that the bulls are losing momentum and the bears will likely take over soon. In order to invalidate this, the same thing needs to be done: break the previous high.
If I see a rejection off of the 20 EMA near the 0.386 fib level and we never manage to break out of the 0.236 fib level, there'll be a good short opportunity. Right now, I'm waiting for the confirmation to enter this short and will update my clients if I get the confirmation.
The technical target down, if we lose the yellow zone on the 4H, is the 1.272 & 1.618 fib levels. You can see the price on the chart.
~
Wyckoff Re-Accumulation Pattern Update (3rd & 4th charts):
The pattern is in the 3rd chart and in the 4th chart, I have drawn the pattern for you guys to see. And so far, it's following the pattern exactly. If you want a detailed explanation, read the detailed one on my feed
~
Thanks for reading, stay safe.🤝
#btc70k #Binance
~
Are we going to continue dumping? Find out in this post.
~
In this post, I'll update on the possible reversal or dump targets. And we will also update on the Wyckoff re-accumulation pattern.
~
Let's start with the daily (1st chart):
As I said in the quoted post below, $BTC went down and tapped the 0.618 fib and then shot back up, creating a bullish hammer candle on the daily time frame. The retest of the 20 EMA along with the 0.618 fib level is done.
One concerning thing I'm seeing here is that this pattern looks like an ABC correction pattern. If #BTC is in an ABC pattern here, then we'll break the yellow support zone and go lower, possibly to the 0.5 or 0.382 fib levels, before seeing a reversal.
In order to invalidate this, break the previous high of $68,486 and make a higher high. While doing so, we also want to see a breakout in the oscillator. Right now, we're on our way to face the moving average in it as resistance. Getting a rejection there will indicate a further downside possibility, and the ABC pattern is likely in play.
~
Now let's move to the 4H (2nd chart):
On the 4H, I found a hidden bearish divergence, which indicates that the bulls are losing momentum and the bears will likely take over soon. In order to invalidate this, the same thing needs to be done: break the previous high.
If I see a rejection off of the 20 EMA near the 0.386 fib level and we never manage to break out of the 0.236 fib level, there'll be a good short opportunity. Right now, I'm waiting for the confirmation to enter this short and will update my clients if I get the confirmation.
The technical target down, if we lose the yellow zone on the 4H, is the 1.272 & 1.618 fib levels. You can see the price on the chart.
~
Wyckoff Re-Accumulation Pattern Update (3rd & 4th charts):
The pattern is in the 3rd chart and in the 4th chart, I have drawn the pattern for you guys to see. And so far, it's following the pattern exactly. If you want a detailed explanation, read the detailed one on my feed
~
Thanks for reading, stay safe.🤝
#btc70k #Binance
LIVEAnonymous B69
--
Bearish
🚨 URGENT! MUST READ.🚨
~
🚨Will #Bitcoin continue to DUMP?🚨
~
In this post, I'll share where can we expect a reversal and what are the levels right now.
~
Before I start, I want to start by saying "Told you so", Read the quoted post below, and in this post here, you'll see people commenting awful things. Now that what I said happened and the technical target of the trade met, I feel pity for them. Don't call people names when you don't know basic TA.
~
Let's start with the trade update:
I had given a Technical target of $63,876 in this post here, and we reached $63,802 (1st chart) so the target has been met. I have personally closed 80% of my trade here and will keep the remaining 20% with my SL at TP 2, $64,935
If the SL hits, then I'm out. I hope you guys made some good profits with this trade.
~
When can we expect a recovery?
Right now, the daily oscillator has been reset, and we can very well see a recovery from here. The target of this correction has always been the 20 EMA for me, which has been tapped perfectly (2nd chart).
But on the other hand, #BTC still have a little bit of room left to go down on the oscillator, and we haven't actually seen a retest of the golden pocket, so going forward, we may see a dip to the 0.5 fib level sitting at $62,233 before continuing upwards.
If you were looking to get back into the market, this is a great time to DCA
~
A few days ago, I posted a $BTC cheat sheet for you guys to follow, read here. And we have been following that very well. We're in the test phase (3rd chart) right now, and once it's done, we'll continue upwards, as you can see on my cheat sheet.
~
Thanks for reading, stay safe
#btc70k
~
🚨Will #Bitcoin continue to DUMP?🚨
~
In this post, I'll share where can we expect a reversal and what are the levels right now.
~
Before I start, I want to start by saying "Told you so", Read the quoted post below, and in this post here, you'll see people commenting awful things. Now that what I said happened and the technical target of the trade met, I feel pity for them. Don't call people names when you don't know basic TA.
~
Let's start with the trade update:
I had given a Technical target of $63,876 in this post here, and we reached $63,802 (1st chart) so the target has been met. I have personally closed 80% of my trade here and will keep the remaining 20% with my SL at TP 2, $64,935
If the SL hits, then I'm out. I hope you guys made some good profits with this trade.
~
When can we expect a recovery?
Right now, the daily oscillator has been reset, and we can very well see a recovery from here. The target of this correction has always been the 20 EMA for me, which has been tapped perfectly (2nd chart).
But on the other hand, #BTC still have a little bit of room left to go down on the oscillator, and we haven't actually seen a retest of the golden pocket, so going forward, we may see a dip to the 0.5 fib level sitting at $62,233 before continuing upwards.
If you were looking to get back into the market, this is a great time to DCA
~
A few days ago, I posted a $BTC cheat sheet for you guys to follow, read here. And we have been following that very well. We're in the test phase (3rd chart) right now, and once it's done, we'll continue upwards, as you can see on my cheat sheet.
~
Thanks for reading, stay safe
#btc70k