Trado33

Trado33

BTC will always go up and down. Though today it made first an exciting pump, then a legendary dump. Many investors wanted to secure profits, which is very wise. When it goed down again, you can accumulate more bitcoin. That is probably what every investor is trying to do. Pumps are followed by dumps in most cases. Yu can choose between doing 2 things: 1: Sit...

Trado33

Numbers go up, that is what BTC always have done and most probably will continue to do. Finally, today ETF was approved, a historic day for BTC. Price action was relatively peaceful, but it didnt go down too much, only enough to get longs liquidated. Personally, I would not advice to long or short. Just pick coins that you think perform well. When you have a good...

Trado33

The tension in the market is palpable. BTC has tested 44k eight times now. Soon, it may break out upwards in significant jumps and pumps. However, there's a considerable amount of FUD in the atmosphere due to the ETF approval story. We'll hear the SEC's decision next week, probably on January 9 or 10. Until then, we may stay in this range and test 44k more...

Trado33

Many coiners are baffled by the flashcrash of BTC yesterday. They seek for an explanation. Is it ETF? Has the bomb in Iran something to do with it? Is it the exploding situation in the Red Sea? No, it is a dump from miner companies, as we have seen late December. The dump of beginning of January was somewhat bigger thougt. So, why do the miners dump? Well, they...

Trado33

TA is an instrument to predict future movements, though it is also deciding future movements. Imagine there is no TA, then people would not place sell and buy orders on the range lines. Now many people place there orders based on a few TA graphs. This means that self fullfilling prophecy will keep the price of an asset in the range created by TA. All orders make a...

Trado33

Bull market trend is still evident. Everything is set for a xmas breakout of the range of BTC, after which it can run towards 50k, even still in 2023, though more likely beginning 2024. There is so much upwards tendency in bitcoin. All conditions are right to extend the bull market. BTC is still very volatile with fear and hope moving it down and up. Though...

Trado33

Some people think BTC is still bearish, and the last bull run was a bull run in a bear market. When you look at the market in the last 6 months, it becomes obvious and evident that we entered a bull market now, since 3 months. And the losses of BTC last days and weeks are still in te range that is going upwards. Of course it is always more easy to see if you are...

Trado33

Why is the BTC trend upwards now? We have had a good correction in 2023. It was around 16k. So no new correction is neither necessary nor immanent. The people that already invested in BTC will invest more. There are more investors coming to BTC in 2024, individuals as well as institutions. The world is getting more insecure, with wars in Gaza, Ukraine, maybe...