Geopolitical tensions are on the rise, and it's natural to worry about the impact on your hard-earned investments. While war can be a scary prospect, history offers surprising insights into how traditional assets perform during such conflicts. But what about newer asset classes like cryptocurrency? Let's dive in.
The Stock Market Rollercoaster: Dips, Recoveries,...
Ending diagonal BTC v USDT lead into a Bull Trap. Probable build up to a bull trap and Elliott wave down trend, See previous post. Gartley = Positive but can only know when we have more data. Trade safely.
The analysis of the BTC/USD 3-hour chart highlights a possible parabolic expanding megaphone pattern. However, it's essential to approach this interpretation with caution due to the inherent limitations of such chart formations.
Understanding the Expanding Megaphone:
The expanding megaphone pattern is a technical indicator suggesting increasing volatility. It's...
I have back tested this and there are 4 downward points of interest, all the wat down to 32K!! Don't think 32 will happen , but never retested. The white circles are where I have buys in, I do think that the low will be a kiss down to the circle between the 6.18 and the 7.86, the previous high before this run has never been tested either. when the market runs up...
In STF, CRYPTOCAP:BTC has many times avoided breaking down the trendline. With "Iran news" this trendline has broken and now CRYPTOCAP:BTC trying to reclaim the trend zone. Declination from 69K means the "bearish" retest succeeds and now bloodbath for #altcoins
NOT FINANCIAL ADVICE.
That CME gap that was created on 22 March has finally been Filled.
For me, the pressure has been on PA to Dip back into that gap to fill it and so we have been ranging above it for weeks.
This takes the battle lines between Bulls and Bears to a higher level.
PA can move on.
But will It ?
Hong Kong just approved BTC And ETH ETF's.
We may see outflows from USA...
CRYPTOCAP:BTC following so far. As it is just the beginning of the potential path, proceed with caution once it breaks $57k as FWB:42K would be the next stop after that. Day by Day everyone.
I am a #BTC bull, so any contrarians should reverse everything I say from now on.
#Bitcoin halving is days away. The trend following a halving is at least 6-months to the upside. We're already 2 months into a #BTCUSD bull-cycle. So I am bullish in this current trading range, meaning looking for "Buy-the-Dips".
The trading range is from the ATH @ $75185 in the...
