Over the past two months, Bitcoin’s volatility and volume have diminished significantly, which hardly supports the bullish narrative about the growing interest in Bitcoin. At the same time, active addresses holding Bitcoin dropped from 5 165 158 on 7th November 2022 to only 4 585 372 on 26th December 2022 (based on the information obtained from Glassnode),...
Bitcoin dropped below the lower bound of the narrow range, bolstering the bearish odds. Simultaneously, volume started to pick up, hinting at increasing selling pressure. In addition to that, the price dropped below 20-day SMA and 50-day SMA; ideally, we would like to see a crossover between these two moving averages, which would further confirm the downtrend. As...
Hey guys - There's a few things going on here: We've got a strong Sell signal from Crypto Tipster v2, combined with a descending trend line which the price has touched quite a few times historically and rebounded on the downside each time so far. This combined with several layers of resistance above and only one (albeit quite strong) level of support on the...
Bitcoin is creating falling wedge pattern maybe these movements will happend. I waiting btc to reach 17500 again and short it until reach 13500 in this scenario i belive 13500 can be bottom for bitcoin. From 13500 i will long for next 6. I wish you all the best.
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick look at BTCUSDT from a macro perspective. It seems likely that Bitcoin needs to find a lower bottom where the...
I seems to me that we are not at the bottom yet. NOT FINANCIAL ADVICE!
=== Time window === 01 / 01 /2022 - 23 /11/2022 === Example settings === Initial capital = 5000 EUR Stop loss = 5% Trailing percentage = average amplitude of weekly price movement Arm Trailing = standard deviation of amplitude sell based on strategy = Disabled DCA = Disabled Cool down = 1 Day === Base currency === EUR === Disclaimer === All strategies...
Please 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely free of charge. Crypto bears having the upper hand and there are many reasons why you shouldn't be bullish yet. For example this... ...or this (check also the other ideas from this series)... But now back to this current idea. After...
Brief historical analysis Since 2018, bitcoin has declined three times. The first time the drop was 84% and lasted 470 days The second time the fall was 71% and lasted 273 days At the moment, the fall is 76% and lasts 378 days, if the fall is 84%, as in the first fall, then the price will reach 10500. I think it's pretty obvious that Bitcoin is correlated with...
*log scale* Hi all! Why do I think the crypto bear market is not over yet? Keep reading... This is serial of 5 BTCUSD ideas (with 5 bearish agruments) released one after another one at a time after reaching following criterions: This idea needs to get at least 30 likes (just click the 🚀 button) and 20 comments (mine included, just say "thanks" whatever) in...
Hi guys lots of mixed signals going around the market at the moment ,which generally indicates big investors wanting to buy in at a cheap price as it shows we have already hit the bear market bottom and through some TA and FA we can make a call that our position is long -RSI has a hit a strong oversold region and is also indicating a strong bullish divergence ...
Two days ago, we projected the downward sloping channel on the daily chart of BTCUSD. Since then, the price broke to the upside and retraced back to the channel, increasing the upper bound's significance (and again validating the pattern). Meanwhile, the market sentiment started to turn bearish, with many market participants giving up on hopes of the FED's pivot....
During the last week, we gave market participants an ultimate warning about the impending reversal in the market. Soon after we argued the top of the bear market rally might be in, Bitcoin fell more than 15%. A change in our short-term view is mainly influenced by technical factors, which point to the return of intense selling pressure. Indeed, we believe the...
Over the weekend, Bitcoin's deceitful price action left many bulls hoping for a bounce on a Monday. Indeed, many analysts rushed to forecast another bottom and continuation of the rally, basing their calls merely on little gains during Saturday and Sunday. However, right after the futures market opened, Bitcoin and other cryptocurrencies quickly erased their...
Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 This is not the longest that BTCUSDT has been trading underneath the Moving Average. During December 2019 until the next...
This is the update of my previous post, I'm waiting for it to come back with Bullish Cypher at 19.700 level: Not a financial advice.
OBVIOUS BULLISH CYPHER - DON'T MISS I think price will go up to 0.786 but no further. Main pump will come 2 years after, with halving. Not a financial advice, do your own research.
This is a fractal work. Expecting price going for 19800 ish. Not a financial advice.