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📊Bitcoin : head and shoulders (m15) short term TA update
$BTC
Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (1h) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 96668.7
⭕️SL @ 93604.6
🔵TP1 @ 102820.4
🔵TP2 @ 106003.2
🔵TP3 @ 110859.5
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
#btc⚡ #BTCUSDT #BTCNextMove #MarketPullback
Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin (1h) (Spot)
Traders can open their Buy Trades NOW
⬆️Buy now or Buy on 96668.7
⭕️SL @ 93604.6
🔵TP1 @ 102820.4
🔵TP2 @ 106003.2
🔵TP3 @ 110859.5
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
#btc⚡ #BTCUSDT #BTCNextMove #MarketPullback
✨ BTC Market Update: 12/20/2024 ✨
$BTC
As the year winds down, the crypto market faces heightened selling pressure, sparking concern among investors. Yet, this period of correction isn’t out of the ordinary—markets often test the resolve of participants during such times.
💹 Price Analysis and Key Levels:
Bitcoin's correction has been sharper than expected but remains within seasonal norms. While $98,000 initially held as support, the spotlight has shifted to $97,000 and $94,000. With $97,000 breached, its support role has weakened, leaving BTC hovering around $97,300.
📉 Market Behavior:
Year-end profit-taking across sectors has intensified outflows, adding pressure to BTC. However, institutional cash flow into crypto ETFs remains robust, signaling confidence in crypto's long-term growth.
📈 Recovery Potential and Worst-Case Scenarios:
Bitcoin’s recovery potential remains strong. A retest of $94,000 could serve as a launchpad for a rebound. Extreme drops below $80,000 or $70,000 are unlikely, thanks to solid institutional interest and favorable market fundamentals.
🎯 Targets and Strategy:
Short-term targets include $99,000–$102,000, with a possibility of testing $107,000 if bullish momentum resumes. Lower gap fills at $94,000 or $87,000 could occur but shouldn’t spark panic.
🛠️ Investor Advice:
Hold steady and focus on your long-term goals. This turbulence is temporary, and 2025 could usher in substantial opportunities. Avoid panic selling and trust in Bitcoin's resilience.
🚀 Stay prepared for the next wave of growth!
#BTCNextMove #BinanceAlphaAlert #MarketPullback #Btc⚡
$BTC
As the year winds down, the crypto market faces heightened selling pressure, sparking concern among investors. Yet, this period of correction isn’t out of the ordinary—markets often test the resolve of participants during such times.
💹 Price Analysis and Key Levels:
Bitcoin's correction has been sharper than expected but remains within seasonal norms. While $98,000 initially held as support, the spotlight has shifted to $97,000 and $94,000. With $97,000 breached, its support role has weakened, leaving BTC hovering around $97,300.
📉 Market Behavior:
Year-end profit-taking across sectors has intensified outflows, adding pressure to BTC. However, institutional cash flow into crypto ETFs remains robust, signaling confidence in crypto's long-term growth.
📈 Recovery Potential and Worst-Case Scenarios:
Bitcoin’s recovery potential remains strong. A retest of $94,000 could serve as a launchpad for a rebound. Extreme drops below $80,000 or $70,000 are unlikely, thanks to solid institutional interest and favorable market fundamentals.
🎯 Targets and Strategy:
Short-term targets include $99,000–$102,000, with a possibility of testing $107,000 if bullish momentum resumes. Lower gap fills at $94,000 or $87,000 could occur but shouldn’t spark panic.
🛠️ Investor Advice:
Hold steady and focus on your long-term goals. This turbulence is temporary, and 2025 could usher in substantial opportunities. Avoid panic selling and trust in Bitcoin's resilience.
🚀 Stay prepared for the next wave of growth!
#BTCNextMove #BinanceAlphaAlert #MarketPullback #Btc⚡
$ETH $BTC Mt. Gox Plans Major Bitcoin Transfer Amid Market Volatility: Is Crypto Crash Looming?
The defunct crypto exchange Mt Gox is now planning to transfer the remaining 80.5K Bitcoins at a time when Bitcoin struggles to surpass the $70,000 level.
It has nearly sent 50K Bitcoins in the past two weeks to creditors on Kraken and Bitstamp. While creditors faced some withdrawal issues on the exchange last week, they are largely resolved now.
Mt. Gox and US Government Transfers Add Pressure on Bitcoin
According to data from Arkham Intelligence,a Mt Gox address 12Rgp transferred 0.02 BTC worth $1350 to another address beginning with 1Adb.
The same address also transferred 0.0001 BTC to the address starting with bc1q. This suggests that Mt Gox is conducting test transfers before moving the rest of the 80,128 BTC it holds, valued at $5.35 billion.
#btc💲 #btc⚜️ #btc🧲 #btc⚡ #btc⭐ $BTC
The defunct crypto exchange Mt Gox is now planning to transfer the remaining 80.5K Bitcoins at a time when Bitcoin struggles to surpass the $70,000 level.
It has nearly sent 50K Bitcoins in the past two weeks to creditors on Kraken and Bitstamp. While creditors faced some withdrawal issues on the exchange last week, they are largely resolved now.
Mt. Gox and US Government Transfers Add Pressure on Bitcoin
According to data from Arkham Intelligence,a Mt Gox address 12Rgp transferred 0.02 BTC worth $1350 to another address beginning with 1Adb.
The same address also transferred 0.0001 BTC to the address starting with bc1q. This suggests that Mt Gox is conducting test transfers before moving the rest of the 80,128 BTC it holds, valued at $5.35 billion.
#btc💲 #btc⚜️ #btc🧲 #btc⚡ #btc⭐ $BTC