Hash rate: Bitcoin Hash Rate Indicator. Dominance: Bitcoin Dominance Oscillator (BTC.D RSI) CME Volume: CME Bitcoin Futures Volume NVT Signal: Network Value to Transactions (NVT) Signal with RMA Energy: Bitcoin Energy Value Oscillator
Hello Everyone, Today - fundamentals... After buy signal on Hash Ribbons.... we are expecting the buy signal on... Puell Multiple... Regards, Paweł
An inverted head and shoulders near $199 will come much to late for Bitcoin cultists.
Bitcoin hash rate rises to new all-time highs amid acute price consolidation and range trading. Max Keiser believes that fiat money is losing power and Bitcoin is the ultimate winner. Bitcoin price remains unchanged for the second day of trading this week. The stagnation has been its cup of tea for a few weeks now. However, the hash rate parameter of the...
The buy signal (in blue) has not yet appeared on the Daily time-frame, we are however close to getting our 4th buy signal in so many years after the bullish MA crossover of the Hash Ribbons shorter & longer SMAs (30 & 60) has occurred. See recent buy signals in past 4 years as well as the returns to current June 27th closing price price of $9,010. Hard not to be...
In nutshells, BTC is short-term bearish and mid-term and long-term bullish The longer the BTC price stay away from 3.4k, the less likely the 3.4k will be revisited again. Three failed attempts at 10k have signaled the short-term bearish sentiment. Low volatility and volume in the past month could be the precursor to the big price movement. Fundamental...
Hi, everyone. We are back! Sorry for the long absence. We’ve spent the past few months developing some awesome on-chain indicators, which will be released soon. :) For BTC, we are currently at a crucial state, with many attempts at the 10k mark. All fundamentals considered, we do believe it is only a matter of time for the break to the upside. However, looking at...
The falling wedge breakout was stopped by the grey-drawn triangle surrounding it. With this rejection the following is likely to happen: BTC may come down a few hundred dollars to around 9150$ then catch support at the still reliable "Corona"-trendline. This orange-drawn trendline is holding from march until today. Additionally this price level aligns with the...
Did strong miners step up the hash rate? Are the whales buying up the price? 🐋 Whales — On Balance Volume is testing Resistance. A rejection here and price will most likely drop... but if it continues up, FOMO may kick in. 🐂 Traders — Relative Strength Index makes a Hidden Bullish Divergence... during a Daily uptrend. This is very bullish. ⚒️ Miners — BTC...
Hello dears.... 1. Market Cap BCH Dominance is 1.72 2. Difficulty is 320G after 10 May 2020(200G). the best position for long Follow, share and like. This is not a financial advice thanks...
Welcome to my daily market update (23/05/20): • So after we closed that CME gap which I showed on my TG for the past few days, today I opened the 4h again and it looks very interesting, BTC is way to pressured from all over, and any break could mean a very heavy one. - We formed a triangle (symmetrical), this means we might be consolidating for a few more days,...
Welcome to my daily market update (20/05/20): I don't usually do 1h but this time decided to open it up to show the short-term trend as well... * Short-term: - There is strong resistance line (yellow) which if we touch for the 6th time, most likely will break through with a spike towards the top ascending triangle (pink) which will also be overbought on 1h -...
Confluence of indicators had a Change of Character 👍🤪👎😬 💚 In the past, when BTC Hash Rate dropped to its 200 Day Moving Average + RSI Oversold 💁 + On Balance Volume was at Support 💁 = Excellent Buying Opportunity. 🔴 Currently, BTC Hash Rate dropped to its 200 Day Moving Average... BUT RSI Overbought and rejected at Resistance 🙅 + On Balance Volume Rejected at...
Hash Ribbon Buy The Bitcoin Buy signal which occurs about once a year just fired. Note: The halving is just 2 weeks away. Expect another signal within the next 3 months, like 2012 and 2016. Historically this means that the next 30 days is a great time to accumulate more Bitcoin.
The hash ribbons indicator, which tracks the hash rate of Bitcoin, has just flashed a signal of recovery completed - buy! This is a fundamental indicator and is not some MA bullshit. If you look at history, it was right every time. Buy now and hold. Wait for 20k+ to sell.
$6,000s is the break even cost of mining Bitcoin. Will miners dump? According to Hash Ribbons 30/60 Day Crossover and Hash Rate dropping below 200 Day Signal Line... this looks uncomfortable. 😬 One scenario is that miners may have stopped supporting the network to save on electricity and will just HODL their coins up to the Halvening (cost of mining after that...
Multi-year logarithmic trend line... failed. But there is a massive Pitchfork of Hope . Pivot point is a historical wick down from parabolic move, which set the median price of Bitcoin for the years ahead. Will we Double Bottom? Maybe once the supply of sellers are exhausted and volume fades. Watching BTC Hash Rate for the Buy Signal if it crosses above...
If you're long term on cryptos this is one of the worst places to sell because it's sitting right on top of the trend line defined by historical miner capitulation. People waiting for 3k are going to be disappointed. This line also expects the support region to be at the old all time high in April 2021 which means it will probably reach and exceed the old all...