#Bitcoin has been moving sideways around $58,000 for 3 days.

Since the price is moving sideways, the data does not change and it becomes difficult to understand which way the price will move.

Let's still look at the current data and try to understand how the price will move together 👇

1) Direction of the Trend

The price was in a downtrend for a long time, but the downtrend was broken 3 days ago and the price managed to climb above it.

Although the downtrend resistance has been broken, a new high peak has not been made yet. When the h4 close above $59k occurs, a new peak will be made and we can say that the price has moved into an uptrend.

2) Spot CVD

Spot CVD is moving sideways. Coinbase is buying, Binance is selling.

We can interpret Coinbase's buying as a positive.

3) Whale Activity

Whale activity increased from around -20 to -9 but has not yet moved into the positive zone.

Whales are probably waiting for the price to make a new peak instead of a downtrend breakout. If the $59k breakout occurs, we can see whale activity turn positive, but it is still in the negative zone.

4) Liquidation Map

🔹Long liquidations are intense in the $55-53k and $49-46k range.

🔸Short liquidations are intense in the $60k range, followed by $65-67k and $70-72k range.

You can follow long liquidations as support and short liquidations as resistance.

The long-term outlook is already extremely positive. In the short term, it would be better to see closings above $59k and whale activity turn positive.

I haven't shared much recently, friends, since the data hasn't changed. I'm trying to give you clear information without confusing you too much. I can share a lot of posts and reach more interaction and followers, but instead of confusing you with unnecessary information, I'm trying to provide you with the right information in a short and concise way.

If you think it's useful, it will be enough for me if you like the posts, friends.I wish everyone a nice day and good luck.

Good morning friends☀️
#Bitcoinrose to $55,000 with the clearing of liquidations in the $53k region. In order for the rise to continue, the falling trend channel needs to be broken.

It would be too early to say that the danger is over before the falling trend resistance is broken, but if the falling trend break occurs, we expect the rise to continue. You can easily follow the falling trend by drawing it on your chart.

Spot CVD is moving horizontally. Binance continues to sell as always. Coinbase continues to buy from $49k.

Since Binance sales and Coinbase purchases meet each other, spot CVD is moving horizontally, but we can interpret Coinbase's purchase as positive.

We did not see any effect of whales in the last rise. Despite the 5% increase, there was no change in whale activity and it is still at -20.

If the falling trend break occurs, we can probably see that whale activity has turned positive, but for now it is still in the negative zone.

It would be too early to say that the short-term outlook is positive until we see the downtrend break and whale activity rise above 0. It would be beneficial to be careful as long as we do not receive these two confirmations.

The long-term outlook still remains positive. We already talked about the long-term outlook in detail in the last video. If you haven't watched it yet, you can watch the last video. There is very critical information in the video 👇

https://t.co/4wBQiE6Tv0

I will update instantly when there is a change in the data, friends. I wish everyone a good week and good earnings.

#Bitcoin cleared all of its liquidations in the $55-53k range.

I had explained that this area was likely to work as support, and $53k worked as a nice support.

After the liquidation clearing, the price started to rise again without closing below $53k.

Current status;

🔹Long liquidations are intense in the $49-46k range.

🔸Short liquidations are intense in the $65-67k range.

For now, we can say that the decline has stopped as long as the $53k support is not lost, but if this support is lost, we will understand that the real target is the liquidations in the $49-46k range.

In other words, the $53k support will determine whether the decline will continue or not. Since the reaction received is not very strong, it will be useful to follow closely.

I will update as soon as there is a change in the data, friends. I wish everyone a nice day and plenty of earnings.

#Bitcoin has entered the region where liquidations are intense.

There are intense long liquidations in the $55-53k range. This region seems likely to work as support.

If liquidations are cleared and the price still drops below $53k, we will understand that the real target is the $49-46k region, but for now, protecting the $53k region is of great importance for the decline to stop.

I marked the other liquidation levels on the chart, friends. You can follow long liquidations as support and short liquidations as resistance.

The market continues to move sideways and without volume.

Funding rates are at normal levels, spot volumes are low and there is no major activity on the futures side. Not only the crypto sector, but also the US stock markets have been moving sideways for 2 weeks.

The markets seem to be waiting for something. There is uncertainty and investors are waiting for this uncertainty to end. My personal opinion is that this expectation is the US elections.

The US has the largest economy in the world and who is in power directly affects the dollar, the world's most widely used currency, and the financial markets.

If Trump is elected president, it will undoubtedly be great for the markets, but the polls show that Harris is ahead and they are neck and neck. The fact that the poll results are very close naturally leaves investors undecided.

There are 2 months left until the election and the uncertain and boring process for the markets may continue until the election result is clear.

On the other hand, when we look at how the US elections affect the#Bitcoinprice regardless of which candidate or party is in power, we come up with a great result.

As you can see in the chart, Bitcoin has experienced great increases after the US elections and, so to speak, the bull has started after every election.

The chart shows us that elections can have a positive effect on the price, no matter which candidate wins.

Therefore, it would be the most logical option to wait without intervening in long-term investments during this process.

In the short term, we can say that the current outlook will remain positive as long as the price does not close below $58k in volume.

The closing on Sunday was below $58k, but since it did not have enough volume, the price closed above it again the next day. Since the market is volatile and uncertain, we should not see millimetric closings like this, but at least 2-3% different and volatile closings.

If there is any change in the data, I will update it instantly, friends.

I wish everyone a nice day and lots of profit.

#Bitcoin is testing the same support for the fifth time.

The $58,000 support has been tested 5 times in the last 15 days, and the percentage of increase after each test decreases.

It is very important to maintain this support so that the decline does not continue, so the daily and weekly close should be above $58k.

If the support is lost, the probability of the price retreating to the area where long liquidations are intense will increase. In the current situation;

🔹Long liquidations are intense between $55-53k and $49-46k.

🔸Short liquidations are intense between $65-67k and $70-72k.

In other words, the answer to the question of how long the decline will continue if $58k is lost will be the $55-53k range.

If the price cannot hold despite the liquidations accumulated in this region being cleared, this time the possibility of $49-46k will come to the fore.

Since the $58k support has not been lost for now, it is too early to talk about these possibilities. For these possibilities to come to the fore, we need to see a daily close below $58k.

If such a close occurs, it would be logical to increase the amount of cash and reduce portfolio risk.

I will make instant updates like this when I think it is important, my friends.

We are in a critical period, so if it will be useful for you, I can add the current status of other data under this post. Just write which data you are curious about.

I wish everyone a lot of profit.

Good morning friends☀️
#Bitcoinmanaged to hold on to the $58,000 support once again.

This level is an important S/R flip support that has worked as support/resistance many times. Therefore, it is very important to protect this level.

It was good that the day's close yesterday was above the support.

Since the price is moving sideways, liquidations continue to accumulate.

🔹Long liquidations are intense in the $55-53k and $49-46k range.

🔸Short liquidations seem intense in the $65-67k range.

If the daily close occurs below $58k, there may be a possibility that the price will first fall to the $55-53k range and then to the $49-46k range, so protecting the $58k support is very important.

This possibility can be followed if the $58k support is lost, but as long as $58k is maintained, the price seems more likely to move towards short liquidations in the $65-67k range.

We will also share a detailed Bitcoin analysis on our YouTube channel today and we will discuss all the data in detail in the video, friends.

I wish everyone a nice day and lots of earnings.

Good morning friends☀️
#Bitcoinhas fallen back to the $59,000 support. They took advantage of the market's lack of volume and pulled the price down from the futures.

There is no serious selling pressure on the spot side. Coinbase is still buying and has not made any sales.

When we look at the futures side, we see that the real sales come from the futures.

During periods when the market is low, they can drag the price in the direction they want from the futures with small amounts.

Despite the decline, the $59,000 support has not been broken yet and as long as there is no closing below $58k, the support will continue to be maintained.

Therefore, as long as we do not see a daily closing below $58k, the current outlook will continue to remain positive.

On the global side, the data is generally positive, liquidity is increasing and interest rate cuts are expected.

Expectations for interest rate cuts, liquidity increase and a transition to monetary expansion indicate that expectations are positive on the global side.

Don't forget to examine the graph below to understand what happens when the global money supply increases. When you examine the chart, you will see that liquidity increases bring about an increase.

While the global side is so positive for the first time in 2 years, I think these declines are just manipulation.

If a closing occurs below $58k, of course it would be logical to increase the cash amount, but as long as a closing occurs below $58k, we can say that the outlook is positive for now.

I will update instantly when there is a change in the data, my friends.

I wish everyone a nice day and plenty of earnings.

Good morning friends ☀️

Bitcoin started the new week calmly, the price has been moving sideways around 63k for about 3 days.

There is no important data to be announced this week, so the calm and volumeless progress may continue for a while.

During periods of volumelessness, it is usually necessary to trade big movements without making many transactions. Therefore, in this process, it will be enough to follow only the $59k support without being too sensitive to the short-term price movement.

As long as $59K is maintained, the short-term outlook will continue to remain positive.

With the price rising to around $63k, the whale activity, which had been negative for a long time, also turned positive and increased to +2.

Of course, this value is not very serious, but it was still good that the whale activity passed into the green zone. It will be much better if it goes above +10 in the coming days.

A new week means new opportunities. I will update frequently throughout the week, friends.

I wish everyone a nice day and lots of earnings.

Good morning friends☀️
#Bitcoinquickly rose to around $65,000 after the $59k breakout.

In the last analysis, I explained that Coinbase and ETF investors continued to buy and the outlook turned positive since the $59k resistance was broken.

Although there are minor delays, the price generally moves according to the data and eventually reaches the point it needs to be.

In the current situation, as long as the $59k support is maintained, the positive outlook is expected to continue and there is no significant resistance ahead of us until the $71-73k range.

Spot CVD continues to maintain its positive outlook.

In the last rise, Binance also started buying. Coinbase is still buying and has not yet returned to selling.

On the other hand, ETF investors continue to buy.

This week, there was a net inflow of 8,400 BTC, so we can say that ETF investors made approximately $540 million worth of purchases.

When Bitcoin was around $60k, I shared with you clearly that the outlook was turning positive by both publishing a video and sharing analysis here.

I am trying to share in the clearest and most understandable way without making too much noise. I hope it is useful.

If there is a change in the data, I will update it instantly. I wish everyone a nice weekend and good earnings.

#Bitcoin and altcoins are having one of the weakest weeks in recent months.

Spot volume is weak and the market is generally moving inactive.

Despite this weak and uncertain progress, ETF investors have bought more than $200 million in the last three days and the amount they hold continues to increase.

On the other hand, Coinbase purchases continue. Binance is a seller, while Coinbase is a buyer.

For now, since the trades are neck and neck, spot CVD is not rising, but Coinbase is buying very positive.

Yesterday's close above $61k was also good, and as long as it does not close below $58k again, we can say that the short-term outlook is positive.

Coinbase and ETF purchases are positive, on the other hand, the on-chain metrics I mentioned in the last video and the increase in liquidity on the global side also show that the long-term outlook is still positive.

If you haven't watched the last video, don't forget to watch it, there is very valuable information in the video.

https://t.co/8URMNCK77q

I will update instantly when there is a change in the data, friends. I wish everyone a nice day and good earnings.

Good morning friends☀️
#Bitcoinstarted the new week flat and without volume.

The FOMC meeting minutes will be released on Wednesday and Powell will give a speech on Friday. Apart from these, there is no important data to be announced, it seems like it will be a quiet week.

There is no change in the spot outlook. Spot CVD is moving flat. While Binance is selling, we see that Coinbase continues to buy.

Coinbase started buying from $49,000 and has not started selling yet. Coinbase being in the buying mode is extremely positive.

Volumes have decreased a lot due to the effect of the weekend. Therefore, it would be beneficial to avoid risky transactions unless the market regains volume and closes above $59k in volume.

I wish everyone a good week and lots of profits.

Whales continue to buy despite the recent decline.

🔹Whales with more than 10,000#Bitcoinsin their wallets have been buying for about a month.

🔹On the other hand, investors with at least 100#BTChave been buying for about 1.5 months.

From time to time, there may be periods when data and price move in the opposite direction. We are currently in one of those periods.

ETF investors are not selling, Coinbase investors are not selling and they continue to buy, there are no sales in the whale wallets we check on-chain, and they have been buying for about a month.

Price is an illusion and may not reflect reality most of the time. That's why the capital we call smart money always enters before the price increases and exits after the price increases. The probability of these purchases being smart money inflows is quite high.

These types of metrics actually show that the long-term outlook is still positive, my friends.

#Bitcoin closed below $58k overnight, once again losing S/R flip support.

The close was not voluminous and there is general uncertainty in the market. Monkeypox virus concerns and Bitcoin transfers from US government wallets are bringing panic and selling pressure.

It would be beneficial to be careful as long as Bitcoin does not close above $59k again.

There is no change on the spot side.

Coinbase continues to buy, while Binance is generally moving with sellers. Coinbase's buying increases the possibility of the price closing above $59k again.

If you recall, Trump made very positive statements about crypto and displayed a pro-crypto stance.

There is only a short time left until the election and if Trump is elected, this situation will reflect very positively on the crypto sector. Unfortunately, the latest polls show that Harris is ahead.

One of the general concerns in the market is of course the fact that the election is approaching and the poll results are very close.

The US has the largest economy in the world. Therefore, the election result will directly affect the money supply, the dollar, the markets and the entire world.

Wall Street smart guys are closely following the election result and want to position their portfolios according to the result. Since the head-to-head progress of the poll results creates uncertainty, no one can make a clear positioning and the markets are generally moving uncertainly.

Therefore, we may see uncertain and unstable price movements until the election.

For now, as long as the $59k resistance is not regained, it will be beneficial to be careful and keep the risks to a minimum, my friends.

In addition, I will share data that clearly explains our long-term expectations in the coming days. Focusing on the long-term outlook will be the most logical choice in such periods.

I wish everyone a nice day and abundant earnings.

#Bitcoin managed to get back above $60,000 after getting a reaction from the $58,000 support.

In the previous post, I explained that the $58-59k range is a very important level and that we can get a reaction from this level.

It was nice to get a reaction from this level and the throwback movement is complete. In the current situation, the positive outlook is expected to continue unless a daily close occurs below $58k.

Coinbase generally continues to buy. Coinbase continues its buying trend from $49,000.

There is still no buy signal on Binance, but Coinbase purchases are enough for spot CVD to rise and it is nice that the rise is supported by the spot side.

ETF entries/exits were generally calm this week, there has been no serious entry or exit so far.

Despite the 25% drop in price, they almost never sold. This shows that they bought to hold what they bought for the long term. They continue to hold without being affected by the short-term price movement.

Coinbase continuing to buy and ETF investors not selling is positive and I think the positive outlook will continue unless the daily close occurs below the $58k support.

We may see sudden price movements due to the inflation data to be announced at 15:30. There is no need to look for much meaning in short-term price movements. For now, just maintaining the $58k support will be enough.

I am trying to give you clear information without confusing you too much. I can reach more interaction and followers by sharing many posts, but instead of confusing you with unnecessary information, I am trying to provide you with the correct information in a short and concise way.

If you think it is useful, it will be enough for me to like the posts, my friends. I wish everyone a nice day and plenty of earnings.

Good morning friends ☀️

With the increase in Israel-Iran tensions,#Bitcoinhas fallen below $60,000 again.

This week, CPI and PPI inflation data will be announced in the US. It seems like it will be a very active week due to the data to be announced and war news.

The night close was at $58,700. Since the close was very close and above support, it would not be right to say that $59k was lost. There should have been a higher volume and lower close for the loss of support.

Therefore, there is still a possibility that the price will rise by taking support from the $58-59k range. We took profit from the transactions we opened around $50k and added a stop to the entry. Since the support was not lost, we will continue these transactions with an entry stop.

The VIX fear index had risen to 65 and was posing a serious threat to the markets, but as of now, it has fallen to around 20, which is normal levels. This situation shows that risk-on mode can now be switched to this week.

Since we are in an important week, I will share current data and analysis frequently, friends.

I wish everyone a nice day and good earnings.

#Bitcoin managed to rise above $59,000 again.

$59,000 is an important S/R flip resistance and a daily close with volume above this level was positive.

With the resistance break, whale activity turned positive and rose to +5.

Spot CVD is on the rise starting from $49,000. Coinbase continues to buy, while Binance is generally horizontal.

The rise of spot CVD in direct proportion to the recent rise is positive and shows that the rise is supported by the spot side.

The regaining of the $59,000 region was positive and increased the possibility of the price rising to the $71-74k resistance channel.

In the current situation, pullbacks to around $59-58k can be considered normal and we can say that the outlook is positive as long as this support is maintained.

For now, it will be enough for the price to stay above $59k.

If there is any change in the data, I will update it instantly, friends.

I wish everyone a nice day and good luck.

#Bitcoin has reached the critical zone again.

With the price falling to $49,000, almost all long liquidations were cleared and we saw a nice reaction rise with the liquidation clearing.

In the current situation, exceeding $59k is very important for the continuation of the rise. We must see a daily close above this resistance for the rise to continue.

If a daily close with volume above $59k occurs, the market will become safer and after such a close, the probability of Bitcoin rising towards the $71-74k range, where short liquidations are intense, will increase.

I had shared that Coinbase has returned to buying. In the current situation, Coinbase purchases are still continuing.

On the Binance side, there is no sign of buying yet.

When BTC was exactly around $50k, I shared in the video we published that we clearly bought at the current price.

These purchases are at most 13% profit. Since the current risks have not completely passed, we are adding a stop to the entry by taking profit in this area.

If the $59k breakout occurs, we put the part we sold back in place with the breakout and wait for the price to reach the $71-74k resistance channel.

If the resistance cannot be broken and a decline occurs, we will still survive the decline without any damage since we took profit and put a stop on the entry.

For now, the $59k breakout will determine whether the rise will continue, so let's follow this resistance closely. I marked all the important levels on the chart, don't forget to examine the chart, friends.

I wish everyone a nice day and lots of earnings.

Good morning friends☀️

With the liquidation clearing and purchases from the $48-50k support,#Bitcoinreached $56,000 again.

Coinbase purchases also had an impact on the rise. Coinbase bought more than it sold and CVD started to rise again.

In the video published yesterday, I had already explained that we bought at the $48-50k support channel and that we would add more if it fell again.

As of now, these purchases are at 12% profit. I hope you were able to catch it, friends. I will update again as soon as there is a change in the data.

I wish everyone a nice day and lots of earnings.

VIX Volatility (fear) index has now exceeded 42.

The VIX index measures volatility in the market and is known as the fear index. Therefore, rising VIX is not good for financial markets. The last time it rose this much was in 2020.

In addition, as financial markets are in trouble, the FED is expected to reduce interest rates at the next meeting as a savior.

While the probability of a rate cut was 11% last week, it rose to 75% yesterday and rose to 95% today.

It seems like the interest rate cut expectation is not enough to save the markets right now because there are still 44 days until the next meeting. Therefore, it would be better if a statement was made by the FED before the meeting.

On the crypto side, we can say that the decline has stopped as long as $48k is maintained, but extra confirmations must be followed to safely say that the market has returned.

As extra confirmation, scenarios such as VIX falling again and S&P and Nikkei sides recovering simultaneously can be followed.

Due to war and recession expectations, data change rapidly and need to be followed closely. Friends, I will help you as much as I can by constantly providing instant information during this process.