Bitcoin -> Bullish Move Ahead!Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
You can also see that Bitcoin is approaching the weekly support trendline of the obvious rising channel so also from a weekly perspective everything is pointing towards more continuation towards the upside.
I am only waiting for daily market structure on Bitcoin to shift back to bullish and if we see a break and retest of the current resistance level then I also do expect another daily bullish rally.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
1-BTCUSD
Strifor || Education: Break LevelHello traders❗️ This is Viktor and Strifor team❗️ We welcome you to our learning content, where we briefly talk about the main things and learn how to apply our knowledge in practical trading.
The topic of today's lesson is Break Level . So, let's see what it is☝️
❗️To get know more about levels support this video with a like and a comment, follow us and trade with us👍🚀
BTC ❗ SHORTING Here gets you REKTHi Traders, Investors and Speculators of Charts📈📉
The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains.
When BTC trades range, many traders get shaken out (a term that implies "wicky" price action where stop loss gets triggered). A better bet for the moment is to focus on smaller cap altcoins that have much more upside potential and better risk reward setups at the moment than taking a short on Bitcoin.
Check out these coins instead of trying to trade Bitcoin whilst it is in range trading:
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CryptoCheck
BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD BINANCE:BTCUSD BINANCE:BTCUSD
NOW: BETTER Trade setups than BTC Hi Traders, Investors and Speculators of Charts📈📉
The cryptocurrency market is constantly evolving, and one of the most interesting trends to watch is the rotation of liquidity between BTCUSDT and altcoins. This refers to the movement of capital/cash/dollars between BTC and alts as investors seek out the best opportunities for short term gains.
When BTC trades range, many traders get shaken out (a term that implies "wicky" price action where stop loss gets triggered). A better bet for the moment is to focus on smaller cap altcoins that have much more upside potential and better risk reward setups at the moment than Bitcoin.
Since we have already seen the rotation from BTC into higher market cap coins such as XRP, ETH, SOL and LTC, we can now expect to see rallies across the microcap altcoin market. But the altcoin market is more mature than last time. More and more investors are seeking to invest early in projects with real value, real use case and good fundamentals.
Check out these coins instead of trying to trade Bitcoin whilst it is in range trading:
_______________________
📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍
We thank you for your support !
CryptoCheck
BITSTAMP:BTCUSD COINBASE:BTCUSD INDEX:BTCUSD COINBASE:BTCUSDT CRYPTOCAP:BTC
What does Twitter rebrand to X mean for DOGE ?! Will DOGE be added to X ?
Elon has been very public about his like of DOGE. He almost couldnt have been more vocal about his thoughts on currencies. He has even gone on places like SNL to get across his opinion. Almost like forward guidance. DOGE can offer a lot of positives for X and Elon.
What can DOGE do for Elon ?
Digital platforms want to create or have significant influence over a token//coin//currency of their choice. This allows them to cut out middle men and gain benefits of such things as king making custodians. erand sellers can interact on these platforms and incentives can maximize that. With Elon already taking a position in DOGE and DOGE already being a previously existing financial product.. it can offer serious upside for Elon. Unlike Libra//Diem.. DOGE does not come with as many costs. Almost outsourced by acquiring a stake in a preexisting brand. Yet still offers the benefits of a payment product within a wall garden.
Is this the next trend ?
Elon has set off basic trends before like with the layoffs during rate rises. I believe that the incentive model is there for corporations to want to pivot to financial marketplaces. Or be a closer part of a network that is. Almost to the extent that a Digital USD is a layer 0 for markets to compete to build their own layer 1s. Or of course choose someone else's layer 1. I think this leads to a McDollar as the cost and settling for recurring customers demands digital currency optimisation demanding in place(s) of customer purchasing. This does mean centralising of banking sector and the banking sector pie shrinking as middle men are reduced to with a more int. scale.. but the deflationary impact has benefits for the customers too.
When ?
Not overnight. There is time for many to stumble and fall like Zuckerberg has. The DOGE positioning does offer somewhat of a head start but this hypothetical transitioning will take time before seeming to flip. We do have a strong narrative building for DOGE as we come into bitcoin halving and US elections. Large institutions do seem like they want to make crypto common place and their is social political demands for relief if wanting to dilute descent from norm.
Bitcoin -> No Bullrun Now?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows - however we could see a short term rejection away from the current resistance zone but eventually I do expect a bullish break as well.
You can also see that Bitcoin now broke below the previous daily support and is therefore now in a bearish market so I am simply waiting for a break back above the structure and then I do expect the overall bullrun to continue.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
What can BTC price tell us about BLACKROCK etf chances ?News of blackrock and traditional finance filings for bitcoin have been taken as if they'll be a simple clean process to success. Perhaps it will be smooth sailing. I do think theres a decent chance for it to be a rockier road than many are currently thinking.
This gives time for the process to influence btc and crypto prices in the meantime.
Should a roadblock be hit it seems likely that it will cause pressure to the downside. Personally I do not think this is the worse thing. Maybe even a good thing.
There is a large range open to price now (roughly 15k to 60k us$). Holders and traders alike need to be prepared for movements within this range as there is plenty of time till halving.
As always will keep an eye out for emerging news // information // data.
Thanks for reading and give us a like and follow for future posts.
GeorgeOnTv
Bitcoin -> Consolidation Breakout!?Hello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows so there is no reason why Bitcoin should actually reject the previous resistance zone once again towards the downside.
With Bitcoin once again retesting previous daily support we could see another rejection towards the upside but this is definitely a coinflip trade so I am now waiting for a clear range breakout and then I will look for a buy trading setup.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
BITCOIN: Updated chart and LevelsBitcoin has lost some of it's shine as XRP wins a battle against SEC. In the meantime there are plenty of news that i cover in this video, most being more negative than positive but that's ok.
Remember:
BTC tends to Pump on systemic risks. Remember what happened with banks earlier this year. Everything is very quiet and Nasadq rises (as expected) these days but BTC will catch up times many with the first 'systemic lightning' and those remain plenty!
It's a video so.. enjoy watching it.
Links:
cointelegraph.com
www.cnbc.com
www.coindesk.com
www.theblock.co
whale-alert.io
One Love,
The FXPROFESSOR
A Bollinger Band Strategy THAT ACTUALLY WORKS (1-Min Timeframe)In this video i'm going to explain you how to use the Bollinger Bands while trading BTC/USD in the 1-Minute and 5-Minute timeframe.
If you have any questions, feel free to leave a comment!
Please Boost this idea if you like it. This will help the algorithm and motivates me to push more educational videos for you :)
Cheers,
Ares
Bitcoin -> Massive Back And ForthHello Traders and Investors ,
my name is Philip and today I will provide a free and educational multi-timeframe technical analysis of Bitcoin 💪
A couple of months ago Bitcoin perfectly retested and already rejected the previous cycle high from 2018 and also the 0.786 fibonacci level so the recent rally was quite expected.
Furthermore you can also see that weekly market structure is bullish with Bitcoin creating higher highs and higher lows so there is no reason why Bitcoin should actually reject the previous resistance zone once again towards the downside.
Looking at the daily timeframe you can see that Bitcoin is still stuck in between support and resistance so I am now just waiting for a clear breakout towards the upside before I also then favor another bullish continuation setup.
Keep in mind: Don't get caught up in short term moves and always look at the long term picture; building wealth is a marathon and not a quick sprint 📈
Thank you for watching and I will see you tomorrow!
My previous analysis of this asset:
BTC Bitcoin Technical Analysis and Trade IdeaIn this video, we closely examine Bitcoin, noting that it has been range-bound at a significant resistance level. The chart indicates that the trend is starting to display signs of potential weakness. Throughout the video, we delve into various elements of technical analysis, including the trend, price action, market structure, and other relevant factors. Towards the end of the video, we explore a potential trade idea. It's important to note that the information in the video should not be interpreted as financial advice.
Market Update - BTC, BTC1!, ETH, SP, NQ, DXYQuick market update focusing on Bitcoin and covering BTC CME Futures, ETH, SP, NQ, and DXY.
Effectively Bitcoin is still holding the $30k support and trend does remain to the upside, with major news events starting Wednesday with inflation data, we are expecting an increase in volume/volatility. Overall we did breakdown from the range high but until the $30k support is lost and bearishly retested the overall trend remains to the upside.
TradFi is also holding its ranges continuing the rally, until higher timeframe structure is lost the expectation is that the upside trend will continue until proven otherwise.
Generally we have hedged off BTC longs with some shorts from $31.2k and higher, we are still net long but have taken some profit in the upside of the range last week as a precaution. The play is the range until proven otherwise.