The Federal Open Market Committee is poised to keep rates in a range of 5.25% to 5.5% at its two-day policy meeting, a two-decade high first reached in July. The rate decision and economic forecasts will be released at 2 p.m. in Washington. Chair Jerome Powell will hold a press conference 30 minutes late

#fomc #AltSeason #btchalving2024 #halving

💰 Bitcoin ETFs now hold nearly $4 billion in assets

According to early numbers shared by Eric Balchunas, senior ETF analyst for Bloomberg, the inflows of capital into the nine new ETFs has outpaced outflows from the Grayscale Bitcoin Trust (GBTC), which has seen the value of its assets under management fall by $2.8 billion over the six-day period.
#ETFApprovalDreams #BTC

After touching the major support at 40,000, BTC is now trading near 41,800. It's hard to determine if the downtrend has ended. There's a significant resistance zone from 42,700 to 43,500, and another from 43,200 to 43,900. If these big resistances break with volume, BTC has a chance to reach the 44,000 to 44,700 zone, facing another significant resistance before heading towards 46,000 to 47,000.

If the support is broken, it could lead to a drop towards 38,000, then 35,000, and finally 33,000. The market structure is currently bearish, but on a lower timeframe, it seems to be turning bullish. The price is also building liquidity below the support, which could lead to a market sweep soon. It's advisable to wait for further price development.

#Bitcoin is bouncing back from the demand zone of $40k. As I mentioned, as long as $40k holds, we are in good shape. It is important to see how the weekly close will be. For now, BTC can most likely make an attempt to breach the $44k resistance level.
#BTC #MANTA #Launchpool

JUST IN: 💰 Cboe files request for acceleration with the SEC for Fidelity, VanEck, ARK 21Shares, and Franklin Templeton spot Bitcoin ETFs

#etf #BTC

In 2023, Bitcoin strengthened by 154%, with the upcoming halving in April as a key driver. The halving, occurring every four years, limits the maximum supply to 21 million bitcoins. As of January 2023, the supply was 19.59 million units. The block reward will halve in 2024, reducing it to 3,125.

Historically, after the 2020 halving, Bitcoin's price increased by 1263%. Between the halvings of 2012 and 2016, the price rose by 5187%, and between 2016's halving and the subsequent all-time high, it climbed by 2922%. Institutions like MicroStrategy are increasing Bitcoin acquisitions, with 56,650 bitcoins acquired in 2023 compared to 8,109 in 2022, gearing up for the upcoming halving in April.
#BTC #etf #sol

#BTC has once again been rejected from the 44K resistance level. It is currently holding above the upper support of this triangle. The bulls need to break the 44k resistance in case of further upward movement. Let's see how the market reacts.
#BTC #ARB #tia

But first BTC update

#BTC experienced a freakout, closing several candles under the ascending triangle. Additionally, it captured downward liquidity with a wick. Presently, it is trading above the lower trendline and finds support from the Ichimoku cloud. A definitive breakout or breakdown of the triangle will confirm the short-term market direction.
#BTC

Market made a very sharp dump right now

Potential Reason for the Dump Could be the #Matripox foresaw the SEC's rejection of the #BitcoinETF at spot # in January and anticipates a potential dip in #Bitcoin, reaching approximately $35,000 before its next upward movement.

BIG UPDATE #BTC :

$BTC Currently Trading on 42250$ Which is Locally Supporting Area , But This Time Bitcoin didn't get Support From this Area , this will go to 41800$ For Support, and get normal Reversal From There , But if we See There is New Candles Opening- ( Yearly - Weekly - Monthly - Daily ) So We Can See Trap Setup From BTC that it will dump till 40500 then Go Back to 43000$

Remember Must : If #BTC Need Perfect Reversal & Strong Volume, from 39100 - 39350 this Area then you can See the Price of 45K - 48K otherwise Still No Chances to Goes Up To 45K - or 48K

If We Fails To Get Reversal From 39200 Zone Which is Major Support then our Next Stop To GAP 37450$ - 37750$
#BTC

💎 #BTC/USDT ANALYSIS

BTC has rebounded from the trendline and found support within the Ichimoku cloud, accompanied by a notable increase in trading volume. Presently, it is near the triangle breakout point. 

A definitive breakout would serve as bullish confirmation, whereas a rejection could indicate a continuation of price movement within the confines of the triangle.
#BTC #ETH #ORDI #sol

BTC Currently Have Horizontal And Trendline Resistance At $43200 - $43500 Area.

Lets See It Able To Break This Resistance Or Get Rejected From Here.

Keep An Eye On $43200 - $43500 Area👀

BTC Breaking Down The Symmetrical Triangle, After The Successful Retest We May See More Dump In BTC.

Better Use Stop Loss On All Your Long Trades.👆
#BTC #ORDI #sol #SATS

Mostly People betting on $SOL to go down but I'll recommend you to don't go on Short blindly. $SOL is continuously making Bullish pannet and I'm not watching any weakness in PA. I'll try to Short only once it short short BOS and weakness or 160$ is that region in which I see a small correction but don't recommend you to put limit. I'll def go Scalp Long If it continuously making the Bullish Pannet. Happy Trading!!
#SolanaGems #sol #ORDI #SATS

💎 #BTC/USDT ANALYSIS

BTC is moving in an ascending triangle on 12h TF. Currently, it is trading above the ascending trendline and the MA 50. The Ichimoku cloud is showing a positive trend.

A bounce from here and break out of the ascending triangle would be a strong bullish confirmation. If it breaks down the triangle, that would be a sign of short-term correction in the market.

#Bitcoin (BTC) is presently consolidating above a descending triangle, exhibiting a pattern reminiscent of a bullish flag. A successful retest or a breakout from the accumulation zone would confirm a bullish trend. However, if the retest fails and the price retreats within the triangle, we may observe further movement confined within the triangle's boundaries.
#BTC #INJ #sol #ETH

FACT: #Bitcoin  is now the 16th largest world currency by market cap 🚀

Patience is the key , always wait for ight time to enter $$$$

#Bitcoin is experiencing a robust upward movement, aligning seamlessly with the horizontal support level as anticipated. Presently, it is positioned to undergo a retest of the descending trendline. Conversely, a breach of the horizontal resistance could signify a bullish confirmation.
#crypto
#BTC #ETH #ICP

#Loss Why?? do we losing money...

We are losing money because of greed what kind of greed you have to make money and That why you are using your brain to take random trades

You don't think about price action market and technical and you are taking random trades

Sometimes you doing trades to recover loss which also a trap

What is trap

When you take any trade because you dont know about market or you are a new trader and wants to make money

then you open a random trade from any unknown trader signal or whatever you start losing

then you close that trade after loss and now you finding signals or taking trade to recover loss

and that's the trap ❌

No one can recover money remember that thing keep in your mind you are here to become a trader not recovery agent 😄

but market making you fool
#BTC #etf #ORDI #TradingOpportunities