hello dear trader
Binance Market Update (2024-04-22)
The global cryptocurrency market cap now stands at $2.39T, up by 3.11% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $64,238 and $66,480 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $65,960, up by 1.61%.this price action for btc with usdt...
The long dynamics for Bitcoin have been maintained and now we can clearly see the inclined line within which we are trading.
Now there is a probability of a breakout of the inclined line and a move towards the buyer's zone ~64,000, but in the medium term we leave the priority for longs.
Buyer zones within the global flat: $65,000-$64,000 (zone of accumulated...
Trading without a structured risk management strategy turns the market into a game of chance—a gamble with unfavorable odds in the long run. Even if you possess the skill to predict more than half of the market's movements accurately, without robust risk management, profitability remains elusive.
Why?
Because no trading system can guarantee a 100% success...
Hello traders, Bitcoin has made its first 5 waves, now it's time for the abc waves. This is the exact move I'm expecting in Bitcoin, traders.
PS: Thank you very much that you support me with your likes and Comments
If you have another analysis at this pair, please share in comments, I will be glad to discuss with you.
Thank you for considering my analysis and...
Bitcoin Distribution price for April Accumulation Stage:
We have achieved the previous X Right Prices, lets get more deeper as data are more clear for calculation!
Lets breakdown the lower data prices for April and connect them together with quarter 1 data and bring them together for a new support! As well as point the area where market could revisit!...
Quantitative analysis is a powerful tool that looks at thousands of variables to determine likely outcomes.
In terms of technicals, BTC failed to close above key resistance at 67.3k - 67.5k. Short term this is bearish.
A high magnitude bounce off 57.6k is expected.
Bitco8n looking for sell momentum now last buy signal got 2500 points profit ... now try sell side it may surprise 😮 you ...1:2 ratio ... all the best 👍 guys support my idea ... and follow me pls
We were looking for this dump here:
and soon we are looking for also more dump too our next targets are also mentioned on the chart with green zones.
DISCLAIMER: ((trade based on your own decision))
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For the first time since its inception, Bitcoin’s annual inflation rate is poised to become less than that of gold, the quintessential store of value. At Bitcoin block height 840,000, the annual supply of Bitcoin will be cut in half, resulting in a decrease in its annual inflation rate from 1.7% to 0.85%. In comparison, the supply of gold is estimated to increase...
It seems as we are getting some interesting potential setups as BTC has some difficulties moving above the supply between 67.000$ and 68.000$. Therefore I think we have to "reload" for another push upwards. For this reload I am eyeing the FVG at 65.310$ and the demand below it to hold. Ideally this could be just a wick . down below our range that we have...
In this TradingView analysis, we delve into the intricate patterns of Bitcoin’s (BTC) 15-minute time frame. We’ve identified an emerging triangle pattern, a significant technical indicator that traders often use to predict potential breakouts. This pattern, characterized by a narrowing price range, suggests a period of consolidation before a strong breakout...
When you are reading this, Bitcoin's fourth halving is imminent. The reward that miners will receive for each block every 10 minutes will drop from 625 Bitcoins to 3,125 Bitcoins. Bitcoin's halving will result in a reduction of the annual Bitcoin supply from 1.6% to 0.8%. But this halving will also bring the launch of the highly anticipated protocol and Bitcoin...
Hello everyone, let's look at the 4H BTC to USDT chart as we can see that the price is moving below the local downtrend line.
Let's start by setting goals for the near future that we can include:
T1 = $66258
T2 = $67,856
T3 = $70048
AND
T4 = $72912
Now let's move on to the stop loss in case of further market declines:
SL1 = $63,919
SL2 = $62,263
SL3 =...
Possible Harmonic .. Looking for a rejection at 0.5 before an uptrend. There's a bull flag in there too. Technically expecting another dip with an impulse to the upside. Play it how it is when it is.
Despite recent market jitters and bearish sentiments stemming from a significant drop, I remain bullish on Bitcoin IF we hold above 64500, particularly in a higher time frame analysis. The recent downturn may seem daunting, but it's crucial to recognize that such fluctuations are often part of Bitcoin's volatile nature, especially in the midst of its ongoing bull...
The last day saw a moderate decrease in Bitcoin’s price by 0.44%, signaling a consolidation period post-halving. Trading volume stands at 308K; the context of whether this volume signifies a decrease or increase in trader activity could add significant color to current market sentiment.
The price is currently trending below the simple moving average (SMA) of...
The Monthly Price Action
In this type of price action, we focus on the month, week, and day. As an intraday trader, I spend most of my time analyzing the daily market movements. This approach utilizes Michael's theory of liquidity and the Power of Three.
The Power of Three, as taught by ICT, refers to a concept related to the daily open, high, low, and close...
