BTCUSD
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LONG: #BTCUSD $BTC by @prosignals_fx
BITCOIN BULLISH BIAS|LONG|
Price action indicates a downtrend, but a strong support at $66,000 may lead to a rebound. Potential target for the uptrend is $71,000.
LONG: #BTCUSD $BTC by @prosignals_fx
BITCOIN BULLISH BIAS|LONG|
Price action indicates a downtrend, but a strong support at $66,000 may lead to a rebound. Potential target for the uptrend is $71,000.
Bitcoin Stays True to âUptoberâ with 11% Pop. What Happens Next?
Bitcoin $BTC saw elevated demand in October as the surge nearly led to a new all-time high. Now the looming US election on November 5 is shaping up as a catalyst for growth, depending on who gets to become President of the United States.
Bullishness is in the air. The OG token â Bitcoin #BTCUSD â pumped hard in yet another October. Staying true to the âUptoberâ tradition, BTC added 11% over the month, kicking it all the way up to more than $73,000, just a few hundred bucks shy of its record high logged in March.
The powerful surge is now taking a breather with prices diving back under the $70,000 threshold. But not for long, according to some analysts who are already living post November 5. Whatâs that? Itâs the biggest event of the year â economically, politically, and ⌠cryptolitically?
Gloves on, bell rings, the main event is here â in the blue corner is Democrat Kamala Harris facing her red-shorts opponent, Republican Donald Trump. The current Vice President and the former President are squaring up for the top spot in American politics. And both have vastly differing viewpoints on crypto.
If we were to play favorites, itâs fair to say that Donald Trump is winning the hearts of the crypto faithful. Throughout his rallying and campaigning, heâs made it clear that he believes in Bitcoinâs growth potential. Whatâs more, heâs embraced digital assets in general and wants to see the market thrive in the worldâs biggest economy.
The promises donât stop there. Trump has vowed to make the US the âcrypto capital of the worldâ and dig out all the remaining Bitcoins from within US grounds. He also pledged to set up a Bitcoin strategic reserve and fire Securities and Exchange Commission Chair Gary Gensler, who is seen as a roadblock to future crypto growth.
Hence the so-called âTrump trade,â which has been propelling the orange coin to higher places.
On the other end of the spectrum is Kamala Harris who has adopted a warm, but not that warm stance toward crypto. Sheâs all about casting a sweeping regulatory framework over the industry. The Democratic candidate has vowed to âencourage innovative technologiesâ like digital assets. Still better than President Joe Bidenâs crackdown on the sector.
More interestingly, Trump has recruited a key player on his team. Elon Musk, the worldâs richest guy (depending on the day) and CEO of Tesla
TSLA
, is a major donor to Trumpâs campaign. He is looking to potentially get employed by the government as head of â can you guess? â Department of Government Efficiency, or DOGE (a nod to Muskâs beloved coin).
"I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government," Trump said at a rally back in September.
âI look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed,â the eccentric billionaire wrote on his X platform.
How is that bullishness trickling into the markets? Besides the obvious price leap, options traders are ramping up their bets for $80,000 Bitcoin by the end of November. Implied volatility on November 5 is elevated â $BTC options flag a 30% chance of a 10% swing in the price. Stay cool, stay ready.
On the ETFs front, exchange-traded funds that hold genuine Bitcoin and offer spot trading pulled in around $4 billion of net new money in October. The biggest winner of all 11 spot BTC ETFs is the BlackRock-owned iShares Bitcoin Trust, which holds more than $26 billion in assets.
Traders broadly (not just the crypto space) may be pricing in a Trump victory and scooping up some of the assets that are likely to do well under his term. But while Trump is ahead in prediction markets, heâs neck-and-neck with Harris in the national polls, making Election Day all the more uncertain.
With that said, Bitcoin is up 57% on the year, outperforming other large-cap assets, such as gold XAUUSD, up 35% in a stellar year of its own, and the S&P 500 SPX, up 20% year to date, also enjoying lots of buying appetite.
Whose side are you on and do you think we'll see a huge swing in the price of #Bitcoin come November 5? Share your thoughts below!
Bullishness is in the air. The OG token â Bitcoin #BTCUSD â pumped hard in yet another October. Staying true to the âUptoberâ tradition, BTC added 11% over the month, kicking it all the way up to more than $73,000, just a few hundred bucks shy of its record high logged in March.
The powerful surge is now taking a breather with prices diving back under the $70,000 threshold. But not for long, according to some analysts who are already living post November 5. Whatâs that? Itâs the biggest event of the year â economically, politically, and ⌠cryptolitically?
Gloves on, bell rings, the main event is here â in the blue corner is Democrat Kamala Harris facing her red-shorts opponent, Republican Donald Trump. The current Vice President and the former President are squaring up for the top spot in American politics. And both have vastly differing viewpoints on crypto.
If we were to play favorites, itâs fair to say that Donald Trump is winning the hearts of the crypto faithful. Throughout his rallying and campaigning, heâs made it clear that he believes in Bitcoinâs growth potential. Whatâs more, heâs embraced digital assets in general and wants to see the market thrive in the worldâs biggest economy.
The promises donât stop there. Trump has vowed to make the US the âcrypto capital of the worldâ and dig out all the remaining Bitcoins from within US grounds. He also pledged to set up a Bitcoin strategic reserve and fire Securities and Exchange Commission Chair Gary Gensler, who is seen as a roadblock to future crypto growth.
Hence the so-called âTrump trade,â which has been propelling the orange coin to higher places.
On the other end of the spectrum is Kamala Harris who has adopted a warm, but not that warm stance toward crypto. Sheâs all about casting a sweeping regulatory framework over the industry. The Democratic candidate has vowed to âencourage innovative technologiesâ like digital assets. Still better than President Joe Bidenâs crackdown on the sector.
More interestingly, Trump has recruited a key player on his team. Elon Musk, the worldâs richest guy (depending on the day) and CEO of Tesla
TSLA
, is a major donor to Trumpâs campaign. He is looking to potentially get employed by the government as head of â can you guess? â Department of Government Efficiency, or DOGE (a nod to Muskâs beloved coin).
"I will create a government efficiency commission tasked with conducting a complete financial and performance audit of the entire federal government," Trump said at a rally back in September.
âI look forward to serving America if the opportunity arises. No pay, no title, no recognition is needed,â the eccentric billionaire wrote on his X platform.
How is that bullishness trickling into the markets? Besides the obvious price leap, options traders are ramping up their bets for $80,000 Bitcoin by the end of November. Implied volatility on November 5 is elevated â $BTC options flag a 30% chance of a 10% swing in the price. Stay cool, stay ready.
On the ETFs front, exchange-traded funds that hold genuine Bitcoin and offer spot trading pulled in around $4 billion of net new money in October. The biggest winner of all 11 spot BTC ETFs is the BlackRock-owned iShares Bitcoin Trust, which holds more than $26 billion in assets.
Traders broadly (not just the crypto space) may be pricing in a Trump victory and scooping up some of the assets that are likely to do well under his term. But while Trump is ahead in prediction markets, heâs neck-and-neck with Harris in the national polls, making Election Day all the more uncertain.
With that said, Bitcoin is up 57% on the year, outperforming other large-cap assets, such as gold XAUUSD, up 35% in a stellar year of its own, and the S&P 500 SPX, up 20% year to date, also enjoying lots of buying appetite.
Whose side are you on and do you think we'll see a huge swing in the price of #Bitcoin come November 5? Share your thoughts below!
#BTCUSD Analysis(15M TF)
BUY/SELL SCENARIOS:
đ˘BUYS:
1) Retest the 15M bullish OB at the 72070.1 level.
2) Create a 5/15M bullish CHOCH with a body candle close.
3) Retest the bullish CHOCH level to capitalise on BUYS towards 74000 level.
IF you take this, Here is the SL & TP for BUYS:
SL: 71600
TP: 74000
đ´SELLS:
1) Body candle close below the 71631.6 level.
2) Retest the failed 15M bullish OB.
3) Create a 5/15M bearish engulfing candle to capitalise on SELLS towards the 68800 level.
IF you take this, Here is the SL & TP for SELLS:
SL: 72400
TP: 68800
#BinanceBlockchainWeek #USADPSurges #16thBTCWhitePaperAnniv #EthereumPectraUpgrade
BUY/SELL SCENARIOS:
đ˘BUYS:
1) Retest the 15M bullish OB at the 72070.1 level.
2) Create a 5/15M bullish CHOCH with a body candle close.
3) Retest the bullish CHOCH level to capitalise on BUYS towards 74000 level.
IF you take this, Here is the SL & TP for BUYS:
SL: 71600
TP: 74000
đ´SELLS:
1) Body candle close below the 71631.6 level.
2) Retest the failed 15M bullish OB.
3) Create a 5/15M bearish engulfing candle to capitalise on SELLS towards the 68800 level.
IF you take this, Here is the SL & TP for SELLS:
SL: 72400
TP: 68800
#BinanceBlockchainWeek #USADPSurges #16thBTCWhitePaperAnniv #EthereumPectraUpgrade
BTCUSD - Above all important DAILY moving averages
#BTCUSDT. #BTCUSD #BTCUSDTUPDATE
#Write2Earn! #BinanceSquareFamily
Greetings friends !
Happy to see you after a few weeks hiatus. Here to do a quick 5 minute update on BTCUSD. Plain and simple, we're about to have a major break in structure as btc is coiling right below the major pivot from July 29th at ~$71,000 -
#BTCUSDT. #BTCUSD #BTCUSDTUPDATE
#Write2Earn! #BinanceSquareFamily
Greetings friends !
Happy to see you after a few weeks hiatus. Here to do a quick 5 minute update on BTCUSD. Plain and simple, we're about to have a major break in structure as btc is coiling right below the major pivot from July 29th at ~$71,000 -
BTCUSD Buy Trend : Bitcoin Consolidates Above EMA50
#BTCUSDT #BTCUSD #BTCUSDT. #Write2Earn! #BinanceSquareFamily
Brief Analysis :
Bitcoin (BTCUSD) is maintaining a bullish outlook, currently stabilizing around the **Exponential Moving Average (EMA50)**. This level has been holding strong, and as long as BTC remains above the critical support of **$66,920**, the bullish trend remains active. This consolidation suggests continued upward momentum, offering traders an entry point if the price sustains above this support.
Key Details :
- Trend : Bullish as long as BTC holds above $66,920
- Support : EMA50 level, serving as a consolidation zone
- Outlook : Continued uptrend potential if stability is maintained
Conclusion and Advice:
Bitcoinâs ongoing consolidation above EMA50 and $66,920 points to a strong bullish setup. Traders should monitor price stability above this level for buying opportunities while considering personal risk levels. Engaging with this trend aligns with the current market strength, but maintaining caution around key support levels is advised for effective risk management.
Happy trading!
#BTCUSDT #BTCUSD #BTCUSDT. #Write2Earn! #BinanceSquareFamily
Brief Analysis :
Bitcoin (BTCUSD) is maintaining a bullish outlook, currently stabilizing around the **Exponential Moving Average (EMA50)**. This level has been holding strong, and as long as BTC remains above the critical support of **$66,920**, the bullish trend remains active. This consolidation suggests continued upward momentum, offering traders an entry point if the price sustains above this support.
Key Details :
- Trend : Bullish as long as BTC holds above $66,920
- Support : EMA50 level, serving as a consolidation zone
- Outlook : Continued uptrend potential if stability is maintained
Conclusion and Advice:
Bitcoinâs ongoing consolidation above EMA50 and $66,920 points to a strong bullish setup. Traders should monitor price stability above this level for buying opportunities while considering personal risk levels. Engaging with this trend aligns with the current market strength, but maintaining caution around key support levels is advised for effective risk management.
Happy trading!
BTCUSD Analysis : Key Trading Zones and Strategies
#BTCUSD #TradingMadeEasy #Tecnicalanalaysis #Write2Earn! #BinanceSquareFamily
In the latest analysis of BTCUSD on the daily timeframe (D) for October 23, 2024, traders are advised to adopt a patient approach. Here are the critical insights:
- Wait for Price Action :
Traders should hold off until the price enters the designated zone, watching for breakout signals indicated by significant green or red candles.
- Entry Points :
Focus on entries using the 2-hour and 4-hour timeframes to align with short-term price movements.
- Stop-Loss (SL) :
Set the stop-loss at the previous low or high to manage risk effectively.
- Take Profit (TP) :
Use Fibonacci retracement levels to determine potential take profit targets, leveraging these technical indicators for strategic exits.
By waiting for these key conditions, traders can position themselves for optimal entry points in the volatile BTC market.
Conclusion and Advice :
With current market dynamics, caution and strategic planning are essential for successful trading.
Advice :
Monitor the price action closely as it approaches the critical zone. Setting clear stop-loss and take profit levels based on technical indicators will help mitigate risk while maximizing potential gains.
#BTCUSD #TradingMadeEasy #Tecnicalanalaysis #Write2Earn! #BinanceSquareFamily
In the latest analysis of BTCUSD on the daily timeframe (D) for October 23, 2024, traders are advised to adopt a patient approach. Here are the critical insights:
- Wait for Price Action :
Traders should hold off until the price enters the designated zone, watching for breakout signals indicated by significant green or red candles.
- Entry Points :
Focus on entries using the 2-hour and 4-hour timeframes to align with short-term price movements.
- Stop-Loss (SL) :
Set the stop-loss at the previous low or high to manage risk effectively.
- Take Profit (TP) :
Use Fibonacci retracement levels to determine potential take profit targets, leveraging these technical indicators for strategic exits.
By waiting for these key conditions, traders can position themselves for optimal entry points in the volatile BTC market.
Conclusion and Advice :
With current market dynamics, caution and strategic planning are essential for successful trading.
Advice :
Monitor the price action closely as it approaches the critical zone. Setting clear stop-loss and take profit levels based on technical indicators will help mitigate risk while maximizing potential gains.
Our next target could look like this..
Next support will be 22200 around
And from there we will successfully break 25k and the next resistance could be 26k
#BTCUSD
Next support will be 22200 around
And from there we will successfully break 25k and the next resistance could be 26k
#BTCUSD
See original
The head of Vailshire explained why Bitcoin cannot be called a bubble
The director of Vailshire Capital Management, which manages client assets, Jeff Ross explained why Bitcoin cannot be called a bubble.
The only reason why Bitcoin has been rising over the past few months is because the monetary policy pursued by the US authorities has been shifting towards dovish [interest rate cuts]. That's all.
Holding Bitcoin for a long time does not provide diversification benefits. âItâs just another bubble,â wrote Robin Brooks, former chief economist at the Institute of International Finance.
Robin does not consider Bitcoin to be a unique asset because the cryptocurrency is traded in the same way as other high-risk assets and does not have the characteristics that are attributed to it. Because of this, Brooks believes that one might as well buy and sell fed funds futures.
#Bitcoinďťż #BTC; #Write2Earn #BitcoinWorld #BTCUSD
$BTC
The director of Vailshire Capital Management, which manages client assets, Jeff Ross explained why Bitcoin cannot be called a bubble.
The only reason why Bitcoin has been rising over the past few months is because the monetary policy pursued by the US authorities has been shifting towards dovish [interest rate cuts]. That's all.
Holding Bitcoin for a long time does not provide diversification benefits. âItâs just another bubble,â wrote Robin Brooks, former chief economist at the Institute of International Finance.
Robin does not consider Bitcoin to be a unique asset because the cryptocurrency is traded in the same way as other high-risk assets and does not have the characteristics that are attributed to it. Because of this, Brooks believes that one might as well buy and sell fed funds futures.
#Bitcoinďťż #BTC; #Write2Earn #BitcoinWorld #BTCUSD
$BTC
See original
Dave Ramsey: âInvesting in Bitcoin is like buying airâ
Dave Ramsey, author of the bestselling book Show Me the Money, positions himself as an expert in wealth management, calling himself "America's trusted voice with money." On an episode of The Dave Ramsey Show, Ramsey addressed the topic of Bitcoin when answering a user's question: could Bitcoin be a viable asset to allocate up to 5% of your investment portfolio to? Ramsey compared Bitcoin to air, despite the fact that the market capitalization of this asset exceeds a trillion dollars.
âBitcoin has no value, so I wouldnât even wish my enemy to invest in it. Ask people like Warren Buffett, who says that if he doubled the amount he could invest in Bitcoin, he would still be broke because that's how much he invested in Bitcoin. I will support Warren on this issue,â Ramsey said.
The American writer believes that investing in gold is much better than investing in the first cryptocurrency.
#Bitcoin⏠#BTC.đ. #gold #BTCUSD #HotTrends
$BTC
Dave Ramsey, author of the bestselling book Show Me the Money, positions himself as an expert in wealth management, calling himself "America's trusted voice with money." On an episode of The Dave Ramsey Show, Ramsey addressed the topic of Bitcoin when answering a user's question: could Bitcoin be a viable asset to allocate up to 5% of your investment portfolio to? Ramsey compared Bitcoin to air, despite the fact that the market capitalization of this asset exceeds a trillion dollars.
âBitcoin has no value, so I wouldnât even wish my enemy to invest in it. Ask people like Warren Buffett, who says that if he doubled the amount he could invest in Bitcoin, he would still be broke because that's how much he invested in Bitcoin. I will support Warren on this issue,â Ramsey said.
The American writer believes that investing in gold is much better than investing in the first cryptocurrency.
#Bitcoin⏠#BTC.đ. #gold #BTCUSD #HotTrends
$BTC
#dump
#BTCđĽđĽđĽđĽ
(I don't want to upset you friends, but look at the chart) Bitcoin's slow rises and sharp falls only signal an imminent dump, which like a snowball is only gaining momentum. But thanks to localized bounces, it is trying to distract attention and lower vigilance. Don't let yourself be fooled, it's the correction phase, wherever Bitcoin goes locally, it will fall more and more. This is a necessary measure and there is nothing you can do about it. I am not saying to go short, I am saying to be careful with longs, or you will be like a chicken without eggs đ đł
#Bitcoin #binance #BTCUSD
#BTCđĽđĽđĽđĽ
(I don't want to upset you friends, but look at the chart) Bitcoin's slow rises and sharp falls only signal an imminent dump, which like a snowball is only gaining momentum. But thanks to localized bounces, it is trying to distract attention and lower vigilance. Don't let yourself be fooled, it's the correction phase, wherever Bitcoin goes locally, it will fall more and more. This is a necessary measure and there is nothing you can do about it. I am not saying to go short, I am saying to be careful with longs, or you will be like a chicken without eggs đ đł
#Bitcoin #binance #BTCUSD
đđĽ Brace yourselves, crypto enthusiasts! đ While the market may seem uncertain, it's crucial to recognize the cyclical nature of Bitcoin. Despite the ongoing "to the Moon" sentiments post-halving, it's essential to acknowledge the possibility of a correction. Embrace the reality that markets fluctuate, and Bitcoin, after its significant growth, may experience a pullback to around $59,000 to attract liquidity from optimistic buyers. đ But fear not, as such corrections are part of the journey towards sustainable growth. Stay informed, stay prepared, and remember, in the world of crypto, volatility can lead to opportunities! đ°đ #BTC #Bitcoin #BTCUSD đđĽ
See original
Bitcoin reaches new all-time high of $71,000
By 10:37 Moscow time, the first cryptocurrency rose by 3.9% to $71,099. CoinMarketCap experts note that there is still a large influx of money into spot exchange-traded funds (ETFs) for Bitcoin, and investor interest is fueled by the prospect of lowering interest rates from the Federal Reserve.
Over the past 24 hours, the price of Bitcoin has increased by 2.3%. On the weekly timeframe, BTC rose 10%. The total capitalization of the crypto market increased by 1.56% and reached $2.68 trillion. Bitcoin is currently trading between $71,130 and $71,411.
Previously, Pershing Square Capital CEO Bill Ackman said that the rise in Bitcoin could have serious consequences for the production and consumption of electricity, so it is worth buying.
#Bitcoin⏠#BTCUSD #news #TrendingTopic.
$BTC
By 10:37 Moscow time, the first cryptocurrency rose by 3.9% to $71,099. CoinMarketCap experts note that there is still a large influx of money into spot exchange-traded funds (ETFs) for Bitcoin, and investor interest is fueled by the prospect of lowering interest rates from the Federal Reserve.
Over the past 24 hours, the price of Bitcoin has increased by 2.3%. On the weekly timeframe, BTC rose 10%. The total capitalization of the crypto market increased by 1.56% and reached $2.68 trillion. Bitcoin is currently trading between $71,130 and $71,411.
Previously, Pershing Square Capital CEO Bill Ackman said that the rise in Bitcoin could have serious consequences for the production and consumption of electricity, so it is worth buying.
#Bitcoin⏠#BTCUSD #news #TrendingTopic.
$BTC
See original
Reducing the reward and increasing the cost: how halving will affect the Bitcoin rate
Optimistic expert forecasts
Crypto optimist and author of the book âRich Dad Poor Dadâ Robert Kiyosaki, following Cathie Wood from Ark Invest, allowed the BTC rate to rise to as much as $2.3 million. The writer-investor on the eve of halving and I bought myself 10 more coins. Kiyosaki is a constant critic of traditional (fiat) currencies, in particular the US dollar, suggesting that gold and Bitcoin should be considered as alternatives.
Experienced trader Peter Brandt is also optimistic, promising exchange rate growth from the point of view of not only fundamental, but also technical analysis. The investor believes that halving will help Bitcoin reach the $200,000 mark by September 2025. From the point of view of technical analysis, August-September 2025 will mark the end of the current bullish cycle, Brandt believes. Against the backdrop of technical factors, the expert raised the forecast rate to $200,000 from earlier estimates of $120,000.
#BTC #Bitcoin #BTCUSD #bitcoinhalvingn #BitcoinTrends"
$BTC
Optimistic expert forecasts
Crypto optimist and author of the book âRich Dad Poor Dadâ Robert Kiyosaki, following Cathie Wood from Ark Invest, allowed the BTC rate to rise to as much as $2.3 million. The writer-investor on the eve of halving and I bought myself 10 more coins. Kiyosaki is a constant critic of traditional (fiat) currencies, in particular the US dollar, suggesting that gold and Bitcoin should be considered as alternatives.
Experienced trader Peter Brandt is also optimistic, promising exchange rate growth from the point of view of not only fundamental, but also technical analysis. The investor believes that halving will help Bitcoin reach the $200,000 mark by September 2025. From the point of view of technical analysis, August-September 2025 will mark the end of the current bullish cycle, Brandt believes. Against the backdrop of technical factors, the expert raised the forecast rate to $200,000 from earlier estimates of $120,000.
#BTC #Bitcoin #BTCUSD #bitcoinhalvingn #BitcoinTrends"
$BTC
See original
Bitcoin price exceeded $57,000 for the first time since November 2021
The price of Bitcoin exceeded $57,000 for the first time since the end of 2021, Bloomberg writes, citing trading data. The last time Bitcoin traded at this level was November 2021. Since the beginning of 2024, the value of Bitcoin has increased by 32%.
Bitcoin added more than 10% in value per day: on February 26, it was trading around $51,000. The sharp increase began after business software manufacturer and major crypto investor MicroStrategy disclosed information about the acquisition of about 3,000 bitcoins for $155.4 million. Now the company owns about $10 billion worth of bitcoins.
Bitcoin is also supported by demand for Bitcoin ETFs, Bloomberg notes. Net inflows into the group of large funds since January 11, when the SEC allowed the launch of a Bitcoin ETF, amounted to $6.1 billion. This suggests that a wider range of investors are interested in the token than adherents of digital assets. Bitcoin ETF trading volume reached a record $2.4 billion.
#Bitcoin #BTC⏠#BTCUSD #Write2Earn #TrendingTopic
$BTC
The price of Bitcoin exceeded $57,000 for the first time since the end of 2021, Bloomberg writes, citing trading data. The last time Bitcoin traded at this level was November 2021. Since the beginning of 2024, the value of Bitcoin has increased by 32%.
Bitcoin added more than 10% in value per day: on February 26, it was trading around $51,000. The sharp increase began after business software manufacturer and major crypto investor MicroStrategy disclosed information about the acquisition of about 3,000 bitcoins for $155.4 million. Now the company owns about $10 billion worth of bitcoins.
Bitcoin is also supported by demand for Bitcoin ETFs, Bloomberg notes. Net inflows into the group of large funds since January 11, when the SEC allowed the launch of a Bitcoin ETF, amounted to $6.1 billion. This suggests that a wider range of investors are interested in the token than adherents of digital assets. Bitcoin ETF trading volume reached a record $2.4 billion.
#Bitcoin #BTC⏠#BTCUSD #Write2Earn #TrendingTopic
$BTC
See original
Bitcoin (BTC) at a crossroads: a surge before halving or a short-term rebound
Bitcoin's price fell in 2024 but rebounded last week with a spirited rebound. BTC is trading in close proximity to the confluence of several resistance levels. Let's figure out what to expect - a bullish breakout or a pullback
Cryptocurrency traders and analysts on Platform X have mixed views on the prospects for BTC.
Thus, CryptoMichNL assumes that the price will rise to $50 thousand. He wrote:
â#Bitcoin consolidating and acting boring. It will likely seek to form an increasing low, after which we can expect a small push before the halving in the direction of $48-51K.â
#Bitcoin #BTCđĽđĽ #BitcoinWorld #BTCUSD
$BTC
Bitcoin's price fell in 2024 but rebounded last week with a spirited rebound. BTC is trading in close proximity to the confluence of several resistance levels. Let's figure out what to expect - a bullish breakout or a pullback
Cryptocurrency traders and analysts on Platform X have mixed views on the prospects for BTC.
Thus, CryptoMichNL assumes that the price will rise to $50 thousand. He wrote:
â#Bitcoin consolidating and acting boring. It will likely seek to form an increasing low, after which we can expect a small push before the halving in the direction of $48-51K.â
#Bitcoin #BTCđĽđĽ #BitcoinWorld #BTCUSD
$BTC
Hello dear friends ,
I'm sharing with you a possible scenario about the mid-term Bitcoin price action :
â˘Taking the under 60K liquidity and having a strong rebound from 55-57K area.
-We could see that already the "-DI" line is going up , so that means we could see a bit more of a downward move.
-Most likely the levels below 60K will unleash a lot of liquidity and the big players will take advantage of that buying some Bitcoins before the next leg up.
You may also be interested in this post
*nothing of the above is and could not be taken as an advice, just my thoughts.
#Bitcoin #BTCUSD #crypto $BTC
I'm sharing with you a possible scenario about the mid-term Bitcoin price action :
â˘Taking the under 60K liquidity and having a strong rebound from 55-57K area.
-We could see that already the "-DI" line is going up , so that means we could see a bit more of a downward move.
-Most likely the levels below 60K will unleash a lot of liquidity and the big players will take advantage of that buying some Bitcoins before the next leg up.
You may also be interested in this post
*nothing of the above is and could not be taken as an advice, just my thoughts.
#Bitcoin #BTCUSD #crypto $BTC
$BTC
#BTC đĽđĽđĽđĽ
#dump
(this time it's serious)
Jokes aside, friends. The bad news is coming from all sides, but most continue to believe " to the Moon" after the Bitcoin halving happened. Try to understand a simple axiom - the market is cyclical, it's always been that way and it always will be that way. Nothing moves one way all the time. Bitcoin has grown enough, now it's time for it to fall to $59000 for starters to gather liquidity from optimistic buyers. And then 45k won't be far off.....
#BTC #Bitcoin #BTCUSD
#BTC đĽđĽđĽđĽ
#dump
(this time it's serious)
Jokes aside, friends. The bad news is coming from all sides, but most continue to believe " to the Moon" after the Bitcoin halving happened. Try to understand a simple axiom - the market is cyclical, it's always been that way and it always will be that way. Nothing moves one way all the time. Bitcoin has grown enough, now it's time for it to fall to $59000 for starters to gather liquidity from optimistic buyers. And then 45k won't be far off.....
#BTC #Bitcoin #BTCUSD
آŮŘŞ ÚŠŮŰŮ:
ŮŘą ÚŠŮŰŮŰ ŘşŰŘą از بŰŘŞ ÚŠŮŰ٠آŮŘŞ ÚŠŮŰŮ Ů Űباشد.
@sanor016
#sanor016CommUNITY
#BTCUSD
ŮŘą ÚŠŮŰŮŰ ŘşŰŘą از بŰŘŞ ÚŠŮŰ٠آŮŘŞ ÚŠŮŰŮ Ů Űباشد.
@sanor016
#sanor016CommUNITY
#BTCUSD
đ¤đđđ đđđđ đđđđźđđż đđđđ 8$ đđđżđ đźđđż đđđđ đžđđđđ đđđđ đđ đđđ đ đđđđđđż đđđđđđ°đ¤đ¸
BTC has gone for the lower liquidity and the extension of the TR pocket! #BTCUSD #Crypto #btcusdt #Bitcoin
BTC has gone for the lower liquidity and the extension of the TR pocket! #BTCUSD #Crypto #btcusdt #Bitcoin
