The Korean Financial Services Commission (FSC) held a consultation meeting on enhancing the compliance capabilities of virtual asset operators, expressing support for strengthening the compliance capabilities of virtual asset operators and resolutely cracking down on illegal activities. The Korea Financial Information Analysis Institute and the Virtual Asset Crime...
I wanted to bring your attention to a significant development in the BTC market. On July 23, we witnessed the Moving Average (MA) 200 crossing over the MA 20, indicating a potential shift in market momentum. While this may seem exciting, I urge you to exercise caution and consider waiting for a new buying cross before entering the market.
Experienced traders...
Bull flag formed for BTC market cap.
*much more strength to see from BTC.
ETHEREUMS Market cap
*blue line are indicating when liquidity switch's from BTC too ETH. causing ETH to rally.
July is shaping up for a big month for crypto, this should trigger and altseason of somesort.
sentiment will flip bullish as more altcoins pump a decent ROI.
interesting times ahead :)
Well-known cryptocurrency analysis channel BitBoyCrypto recently made a bullish prediction for Bitcoin, predicting that its price could surge to $140,000. According to BitBoyCrypto analyst AJ, the leading cryptocurrency currently holding a strong position in the market may rise sharply. Furthermore, AJ predicts that Bitcoin will consolidate its share of the crypto...
Asked at Australia Blockchain Week how she would regulate cryptocurrencies, SEC Commissioner Hester Peirce said, "I think we have to make sure that whatever regulatory framework we adopt, we can't just assume that everything is a financial asset." While cryptocurrencies are considered a very financial term, other uses exist, such as enabling people to interact...
This chart looks at Bitcoin dominance vs the top altcoins excluding stablecoins and smaller alts.
IMO, the BTC dominance will keep rising until mid-july 2023 when the price reaches the trend line.
Look at the Altcoin Season Index chart. We are at the BOTTOM now. It probably will continue going down some more to create that SPRING we need before blastoff.
How...
Was always expecting a third touch of the horizontal resistance, thing is this third touch will be broken and start to new all time high. I’ll stay in the market for less than a year before selling imo. Whatever bullish narratives arrive in the future will mark the top. Three impulse waves has likely started. The retest of 25k is very bullish was the best time to...
This technique maximizes the estimation of a risk-on asset of interest, by monitoring capital movements from other markets. I've linked a post in which I explain this theory in more detail.
Thank you!
San
This is a Bitcoin chart divided by the USDT and USDC stablecoin charts. It gives unique results and seems to work well for finding approximate tops and bottoms.
Upper red zone take profits. Lower green zone go long. Blue line is historical bitcoin price action since 2019.
This is just an outline of Parameters
Lower timeframe Bulls have lost control
Bet on range breaking down
See post two for control flip
Intra day leaning short
Obviously Bullish long term
but with political theater and short ban in question in US markets we are in for some fear
Bitcoins halving in 2020 was priced at 150 Billion dollars . Since the supply was cut in half, you could've expected 600 billion because that is 150 billion times two . We pumped double (150 to 600) and doubled from (600 Billion to 1.2 Trillion.) This was a big pump and we just bottomed at 300 billion and have just hit 600 billion . Notice the pattern...
Red line : USDT$
Green Line : BTC dominance
BTC have high probability back to $15k than breakout $30k.
Not the best time to Long or Buy.
But its your choice.
Bitcoin Analysis
