In the fading light of November 2022, a gloomy shadow loomed over the realm of economics. Pessimism blanketed the landscape like a heavy fog, stifling optimism and strangling hope. The majority of economists, revered for their astuteness and foresight, found themselves perplexed and uncertain. In a world where certainty had once reigned supreme, doubt had now...
When Bitcoin produced the highest volume in months on 9-Jan. 2024, on the 1h timeframe, it signaled the start of a strong retrace.
The highest volume in months came in 9-Jan. but the highest this year came in 11-Jan. 2024.
➖ Bitcoin moved from a high of 47,460 to a low of 38,540, a 22% drop.
On the 28th of February 2024 at 13:00 Bitcoin produced the highest...
Crypto is an experiment. A new way for illegal payments to be more accessible to the masses.
Decentralization is a fancy way of saying that Bitcoin is digital black money. Black is the color banks are allergic to.
Is Bitcoin strong enough to battle against Banks?
To follow its paradigm, 23 thousand more coins have been opportunistically created. Each one of...
On the 4H chart we can see that the BTC is moving in a bullish flag pattern, so soon we can see the break-out, but be careful because we also can see that the volumes are descending, so this can be a manipulative movement and very fast!
IMPORTANT! Always follow the RM strategy while trading!
My logarithmic to daily 4hr charts is here! we might see 57-58k as I predicted my previous post, this valid once price keep pushing upto 55000 level zone.
If this is a distributions we might not see 55000 level, see the arrow .
But for my view price might test that 57-58000 level before incoming month of march.
Im expecting a month of upside before the...
Since the ETF, it seems to have been a sell the news, followed by buying the dip event at the 100D MA.
Dips since the start of the bull run, even before the launch of the BTC ETF, have averaged ~20% followed by a continued massive bull run. Some, including myself, speculated a break of this trend of 20% dips (breaking 38k) followed by a continued sell-off into...
The btc futures chart is revealing a lot of what’s to come for btc? Lots of traders had bearish charts and are probably not aware of the price action going on behind the scenes.
Bitcoin (“BTC”) – the millennial gold - continues to outshine traditional gold. BTC prices have climbed higher after the listing of spot ETFs. A wider bull rally in the cryptocurrency markets is also underway. ETH touched its highest level since 2022. The total cryptocurrency market cap is 14% higher YTD.
A diverging outlook between BTC and Gold is emerging....
hello theres i see The countdown to the tsunami has begun for Bitcoin, anyone who is still holding the trade , I advise you to close immediately !
CME:BTC1!
As stated before, there's extreme bullishness on $BTC.
Every influencer's excited & media is plastering a bull take.
They can be right but more often than not they are wrong and can be used as a contrarian indicator.
Things to notice:
#BTC shorts are @ their LOWEST in a year!
Money Flow is lessening.
Decent sell volume at the...
Am seeing a ton of bullishness on CRYPTOCAP:BTC at the moment.
Extreme bullishness is okay but one should always take caution.
Keep in mind that volume has NOT been optimal but there was a bump not long ago. We're not changing anything and still long #crypto at the moment.
Let's see how #BTC reacts the next few days. Would like to buy some more on a dip.
I spent some time analyzing the post-ETF Bitcoin charts today and came up with some rough price predictions for the next 3 months. Currently the ETF inflows lead to a 2% increase in price per day, which is about $1000 per day. Most of the increase is taking place during the settlement period before US market opening.
It seems to me that you can trade that...
