🔥🔥🚀 ETH 3297 Long.
The fall of the coin has been stopped.
Sales bought back on high volume.
🤖 I expect a reverse impulse upwards due to liquidation of short positions!
🔥🔥🔥🚀🚀 1st target 3686
Traders,
This is never recommended. For the first time, I have put 100% of my trading portfolio into Bitcoin with a tight stop preceding this supposed BTC ETF approval today. I do believe we are nearing a local top on this 3 month bull run, however, my chart shows that we still have a little room to run. I suspect 48k will be our line of resistance even though we...
Serious question here folks. If the SEC can’t even be bothered to enable a small and effective mechanism of security (2FA) on their own X account, how can we expect them to “protect” and “secure” your money?
Trigger Warning: This video may offend those who are religiously dogmatic in their political affiliations. Do not watch if you prefer not to have your gods critiqued.
I had just put out a video earlier this morning warning you all that the SEC and Gary Gensler may pull some tricks out of their hat. A few hours later, the SEC puts out a false tweet, liquidates...
Not trying to introduce more FUD. I just want you all to be aware of what continues to occur in the altcoins space. As you have seen my recent video, major levels are breaking everywhere. This continues to be the case and, in fact, even the strongest of the altcoins are starting to struggle. TOTAL2 is showing a break from our ascending channel as we look to retest...
Traders,
In this weekend's video, I am continuing my cautionary tale. You'll remember in my last video that I went all contrarian on you regarding the Bitcoin ETF approvals. I was not necessarily bearish. But I am not necessarily bullish either. I am only observing some indications on the charts that warrant caution. And thus, I stated that we need to be prepared...
Happy New Year Traders!
With the likelihood of Bitcoin ETF approval in the cards, there are a plentitude of zealous crypto traders on the crypto rocket anticipating destination moon. But what if it doesn't turn out the way everyone expects? What if the MMs shake out the pockets of dumb money and over-leveraged moon boys? Or worse yet, ETF approvals are delayed...
Introduction to Bitcoin Futures
Bitcoin Futures represent a significant intersection of traditional financial markets and the innovative world of cryptocurrencies. They allow traders to speculate on the future price of Bitcoin, providing a way to hedge against price volatility or to profit from price movements. As we step into 2024, the potential approval of...
BTC is at a critical juncture as we anticipate the ETF approval next month. Despite this potentially bullish event, the charts paint a cautious picture. We haven't established a higher low in the last couple of months yet, signaling uncertainty.
There's a possibility we might not break the $50K barrier soon. Instead, we could see a retracement to the FWB:39K -...
Days of triple digit volatility and rampant amateur speculation are gone. Unlike the overblown enthusiasm which defined the peak of 2021, investors now are more measured and discerning.
2023 has been defined by (a) discrete and information fuelled rallies followed by unprecedented low volatility, and (b) rise of traditional finance entrants in digital assets.
...
BTC reacted to the news of the Grayscale ETF being approved with a 6ish % pump, this has gotten a lot of people speaking about new highs and finally a break above the 31k level.
However, BTC broke its bullish trend and it's current pump is only resulting in the development of bearish diversion with an already apparent decrease in volume.
We are also in the...
This is another very prophetic post, like my ETHBTC one. I think that we will get an approval by the SEC, but, since the ETF won't bring money into Bitcoin right away, price will fall back to weekly support at 1139 give or take. Bottoming there, while big players accumulate positions, until the market is ready to trend up vigorously again.
The market is likely...
