1-BTCUSD
Is this US01Y wick going to crash the crypto market ?!Obviously as money flows into cash it flows out of assets
If rates on US bonds rise then the incentive to hold cash increases which dries up liquidity almost everywhere else. We are seeing very bullish signs (current data/can fail and reverse) for both US Dollar and US Yields. Which of course correlates to bearish signs for assets prices (bitcoin/stocks/real estate).
US administration may want to have the pain now before US election year
Rampant inflation is not great for an administration to have during an election year.. so having that curbed as much as plausible before election year is important. Which allows an administration room to create stimulus during election cycle (to win votes). Essentially get inflation in order now so they can create more inflation('stimulus') later. This would be the outlook of pushing asset prices down now so theres room to push them up coming into elections.
If that US01Y wick is filled then crypto should fall
Filling that wick would likely not only increase the yield curve inversion but also force asset prices lower. If it can be timed then we may see BTC price fall pre election but allow US01Y to fall come election. Which in turn allows BTC price to rise come election. This all of course overlaps with BTC halving.
The important thing is to be liquid both financially and mentally to changes. If USD and rates continue to rise then dont want to be too(!) asset exposed and missing out on the USD/rate rise benefits. That said.. if USD/rates fail this break out of course dont want to miss out on asset price boom. Need to be okay either way this goes.. whilst looking for low risk opportunities to rebalance exposure with changes in the flow of capital (and data)
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin BTC recently embarked on a robust bullish surge over the past week, although it subsequently exhibited a loss of momentum, leading to a period of sideways trading. This pattern was followed by an abrupt upward spike that breached the existing trading range, only to subsequently retrace back to previous levels. The pivotal question at hand revolves around whether this spike will maintain bullish momentum.
In our video, we delve into various perspectives on this market development, engaging in a comprehensive analysis and discussing a potential trade opportunity. It is crucial to emphasize that the content presented is intended exclusively for educational purposes and should not be misconstrued as financial advice.
Look Beyond BTC : Counters get you REKTHi Traders, Investors and Speculators of Charts📈📉
The markets are trading in the red and it can be hard to spot good trading opportunities during bloodbaths. Trading Bitcoin NOW can be tempting, especially when prices are actively moving. However, acting on impulse without a plan leads to reckless gambling more often than not. Savvy traders wait patiently for ideal opportunities with defined risk-reward ratios.
Rather than reactively jumping into trades, experienced traders proactively plan out trades and target entries. This means identifying key price levels in advance where the risk-reward ratio is favorable. For example, if your analysis shows a strong support level for Bitcoin at $23,000, you would wait to buy until that price is reached rather than FOMO shorting at $25,000. Executing trades according to a plan have higher success rates than jumping-the-moving-train trades.
Look Beyond Bitcoin.
BTC grabs attention when it moves, but plenty of other assets offer worthwhile trading opportunities. Expand your watchlist across stocks, forex, commodities, indexes, and more. Evaluate which markets are exhibiting solid technical setups or fundamental catalysts right now. Don't feel pressured to trade BTC just because it's moving. Sometimes the best trade is no trade if conditions aren't ideal.
By targeting defined entry levels, expanding your watchlist, and waiting patiently for prime risk-reward setups, you take the gamble out of trading. Plan your next trade systematically instead of trading impulsively on emotion. This approach leads to consistent profitability over the long-term.
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Is BTC Headed to 2019 Bear Market Lows - SHORT -85%?In this video analysis, we dive deep into the current state of Bitcoin's price action. We'll explore the critical M formation that emerged in June 2021 and how Bitcoin is currently resisting its lower boundary. We'll also discuss the ongoing corrective b-wave within the larger wave C, examining potential upside targets.
Join us as we analyze key support and resistance levels, Fibonacci retracements, and Elliott Wave Theory to provide insights into where Bitcoin might be headed next. Our target zone of interest? The 2019 bear market lows, situated between $3,000 and $4,900, which aligns with the 1.618 to 1.272 Fibonacci levels of the preceding wave a.
Stay ahead of the cryptocurrency market trends with our in-depth technical analysis. Don't miss this opportunity to gain a comprehensive understanding of Bitcoin's potential price movements and make informed trading decisions.
BTC Bitcoin Technical Analysis and Trade IdeaBitcoin is presently positioned within critical daily, weekly, and monthly price levels. An evident trend on the chart indicates that Bitcoin has been subjected to significant bearish pressure, prompting us to consider the potential for a selling opportunity. Nevertheless, there are noteworthy chart elements that demand our careful scrutiny, and these have been thoroughly examined in the accompanying video. In the video presentation, we conduct a comprehensive analysis of the prevailing trend, price fluctuations, market structure, and other essential facets of technical analysis. It is worth reiterating that our video provides lucid explanations, but it is imperative to underscore that the information presented should not be misconstrued as financial advice.
Bitcoin's Line in the Sand is at 25,200 RN!Traders,
There is one line that I am especially focused on right now. Many of you, my followers, are already familiar with what this line is. In this video, I discuss the 25,200 level, why it is important, and what happens if this level of support breaks.
Stew