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crypto Emilia clarke
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$BTC | 1H: Today's Plan: Bitcoin is currently stable at the weekly opening level of $61.5k. The trading volume is low, so significant movement might be unlikely. Watch for a possible rise to Monday's high if we break past the 200EMA. #bitcoin is still within its range, with a decision yet to be made. Let's see how it develops! #BTC Previous Day: VAH: $62,904 POC: $61,690 VAL: $61,163

$BTC | 1H: Today's Plan:

Bitcoin is currently stable at the weekly opening level of $61.5k. The trading volume is low, so significant movement might be unlikely. Watch for a possible rise to Monday's high if we break past the 200EMA. #bitcoin is still within its range, with a decision yet to be made. Let's see how it develops! #BTC

Previous Day:

VAH: $62,904

POC: $61,690

VAL: $61,163

Avertissement : comprend des opinions de tiers. Il ne s’agit pas d’un conseil financier. Peut inclure du contenu sponsorisé. Consultez les CG.
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SEC Chairman Gary Gensler: • I don't trust cryptocurrencies because there's a lot of fraud, and many companies don't follow US laws. • The SEC often wins court cases about crypto. • We always follow the law when it comes to ETFs. • Not all crypto tokens are securities, but most are. 📣SEC Chairman Gary Gensler: • The crypto industry needs mediators. • The SEC is prepared to oversee and regulate this new technology.
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Bitcoin Resistance at $72K 📉 Bitcoin has encountered resistance at the $72,000 level. This was anticipated as it represents the upper boundary of the current medium-term consolidation pattern. 2. Upcoming ETH-ETF Announcement ⚠️ Tomorrow, there will be an announcement regarding the approval or denial of spot Ethereum ETFs. This is a crucial fundamental factor that will influence both short-term and long-term market movements. 3. High Probability of Approval ✅ The probability of these ETFs being approved is high. 📈 Anticipate potential growth in the market as a result. 4. Potential Market Manipulation 🔍 Be aware that market manipulation is possible, even with the likely approval. Contribution Matters: Your contribution is vital in maintaining accurate and profitable analysis. Your support enables us to provide valuable insights, helping you avoid losses and stay informed in future trading endeavors.
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Upcoming key market events: - Today, May 19, 2024, at 19:30 UTC — Speech by Fed Chair Powell - May 22, 2024, at 18:00 UTC — FOMC Meeting
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Financial markets are frequently irrational. When you are certain that a crisis is imminent, the market often rises, and vice versa. When Bitcoin reaches $100,000, the excitement will truly begin, with money flowing in all directions. Have a bit of patience, and you will witness an extraordinary spectacle.
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Bitcoin's major liquidity zones are at $68K, $50K, and $36K. As we approach the $68K zone, we should note that Bitcoin is in overbought territory according to the RSI, and the market sentiment is very greedy. Therefore, we are primarily targeting the $50K zone as our first short-term target.
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