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$BTC VIP Analysis
MAY 18, 2024
-
BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
--
As expected the price action of $BTC successfully showed us the rejection movement level from its Horizontal Resistance level which is marked between the $66,579 to $66,051 level.
The price action has flipped out of the resistance region level into the support region level now.
The price action needs to close above the level to show us the further upward movement.
-
MAIN INTEREST LEVELS
⬇️SHORT⬇️
$68,968
⬆️LONG⬆️
$66,579
PREDICTED DAILY RANGE
$66,089 to $71,298
--
VIP ACTION PLAN
The price action is still consolidating at its Horizontal Support level but the price action has left out the FVG gap level with the impulsive upward movements which was marked between the $64,406 to $62,989 level.
If the price action loses its support level we will see some downfall in the price action of $BTC ------
-
Yours truly,
# روح
#BinanceLaunchpool #BTC🔥🔥🔥🔥🔥 #notcoin
MAY 18, 2024
-
BIAS:
Mid-Term: BEARISH
Short-Term: BULLISH
--
As expected the price action of $BTC successfully showed us the rejection movement level from its Horizontal Resistance level which is marked between the $66,579 to $66,051 level.
The price action has flipped out of the resistance region level into the support region level now.
The price action needs to close above the level to show us the further upward movement.
-
MAIN INTEREST LEVELS
⬇️SHORT⬇️
$68,968
⬆️LONG⬆️
$66,579
PREDICTED DAILY RANGE
$66,089 to $71,298
--
VIP ACTION PLAN
The price action is still consolidating at its Horizontal Support level but the price action has left out the FVG gap level with the impulsive upward movements which was marked between the $64,406 to $62,989 level.
If the price action loses its support level we will see some downfall in the price action of $BTC ------
-
Yours truly,
# روح
#BinanceLaunchpool #BTC🔥🔥🔥🔥🔥 #notcoin
$VET Update ✅
#VET could potentially see a 10%-15% pump if it closes above the $0.367 area 🔥
#notcoin #BinanceLaunchpool #BlackRock #MicroStrategy
#CMEBitcoinSpotTrading #ETHETFS #BinanceLaunchpool
#VET could potentially see a 10%-15% pump if it closes above the $0.367 area 🔥
#notcoin #BinanceLaunchpool #BlackRock #MicroStrategy
#CMEBitcoinSpotTrading #ETHETFS #BinanceLaunchpool
#GALA Update✅
Forming a symmetrical triangle pattern...wait for a breakout for a clear direction.🔥
$GALA
Forming a symmetrical triangle pattern...wait for a breakout for a clear direction.🔥
$GALA
Getting rich quick
The more you rush your trading success, the slower you will go.
You will get stressed by trying to:
• Trade with big position sizes.
• Taking a lot of trades.
• Trading every day and forcing it.
• over risking or over leverage.
If you rush the Process, the Market will humble you.
The more you rush your trading success, the slower you will go.
You will get stressed by trying to:
• Trade with big position sizes.
• Taking a lot of trades.
• Trading every day and forcing it.
• over risking or over leverage.
If you rush the Process, the Market will humble you.
at $5.28 million, from Binance approximately 13 hours ago.
It's notable that this whale's trading behavior doesn't reflect astute decision-making.
Despite purchasing a total of 10 tokens, they never executed any sell orders. At present, their overall losses amount to $6.1 million. While 5 tokens yielded profits, the win rate stands at 50%.
Wallet Address:
0xd520e3662f2af962dd6b42ad5b26d6ffca561296
It's notable that this whale's trading behavior doesn't reflect astute decision-making.
Despite purchasing a total of 10 tokens, they never executed any sell orders. At present, their overall losses amount to $6.1 million. While 5 tokens yielded profits, the win rate stands at 50%.
Wallet Address:
0xd520e3662f2af962dd6b42ad5b26d6ffca561296
🔮 **Attention Crypto Community! The Next 2 Days Are Crucial!** 🔮
🇺🇸 **All Eyes on the USA:** The cryptocurrency world awaits critical updates from the United States, with a focus on the statements of Jerome Powell, the FED chairman.
📊 **Key Events:**
- 📈 **Producer Inflation Data (PPI):** Expected on May 14 at 15:30 GMT, with projections at 2.2%.
- 🎙️ **Jerome Powell's Speech:** Scheduled for May 14 at 17:00 GMT, Powell's remarks could significantly impact Bitcoin and altcoins.
- 📉 **Consumer Inflation Data (CPI):** Set for May 15 at 15:30 GMT, with expectations at 3.4%.
💡 **Potential Scenarios:**
- 🔼 **Positive Outcome:** If PPI and CPI data meet expectations and Powell delivers reassuring statements, we may see a bullish surge in the crypto market.
- 🔽 **Negative Outcome:** Failure to meet expectations and hawkish remarks from Powell could lead Bitcoin (BTC) to dip below $60,000.
“Inflation data looms large this week. Expect market volatility, but a slowdown in inflation could spell good news for risk assets like Bitcoin.”
📈 **Stay Informed, Stay Prepared!** 📉
🇺🇸 **All Eyes on the USA:** The cryptocurrency world awaits critical updates from the United States, with a focus on the statements of Jerome Powell, the FED chairman.
📊 **Key Events:**
- 📈 **Producer Inflation Data (PPI):** Expected on May 14 at 15:30 GMT, with projections at 2.2%.
- 🎙️ **Jerome Powell's Speech:** Scheduled for May 14 at 17:00 GMT, Powell's remarks could significantly impact Bitcoin and altcoins.
- 📉 **Consumer Inflation Data (CPI):** Set for May 15 at 15:30 GMT, with expectations at 3.4%.
💡 **Potential Scenarios:**
- 🔼 **Positive Outcome:** If PPI and CPI data meet expectations and Powell delivers reassuring statements, we may see a bullish surge in the crypto market.
- 🔽 **Negative Outcome:** Failure to meet expectations and hawkish remarks from Powell could lead Bitcoin (BTC) to dip below $60,000.
“Inflation data looms large this week. Expect market volatility, but a slowdown in inflation could spell good news for risk assets like Bitcoin.”
📈 **Stay Informed, Stay Prepared!** 📉
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ThanksgivingBTCMoves
1.9M views
3,113 Posts
This Friday Could Change Everything for Bitcoin – Here’s Why
A pivotal moment is approaching for Bitcoin as BTC options worth $13.6 billion are set to expire on November 29, creating significant market volatility. Bulls aim to push Bitcoin’s price above the iconic $100,000 mark, leveraging their dominance over call options.
Currently, call options (buy) outweigh put options (sell) with an open interest of $7.4 billion versus $6.2 billion, presenting an opportunity for optimistic investors. Potential outcomes based on the closing price include:
• $86,000-$90,000: $1.65 billion gain for call options.
• $90,000-$94,000: $2.6 billion advantage for buyers.
• $94,000-$98,000: $3.55 billion gain.
• $98,000-$102,000: Bulls could secure $4.58 billion.
While bears will attempt to keep BTC below $90,000, its 34% rise in 30 days gives bulls the edge.
Reaching $100,000 depends on key factors:
• 20% of call options ($4.25 billion) target $100,000.
• Put options above $100,000 are negligible, totaling just $80 million.
• Macro pressures and inflation concerns could bolster BTC as a safe haven.
Bitcoin’s resilience, coupled with strong market dynamics, positions it for a historic milestone.
#ThanksgivingBTCMoves
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