BTC BREAK VOLUME POSSIBLITY 44.5K TRENDThank you for reading this update.
Until this moment BTC has been in an uptrend, since the new uptrend that started below 40K trend wick. as this chart shows:
The coming time is important for BTC, and we will follow with the trend updates if BTC can get to THE BREAK VOLUME which will be able to break BTC to up 44.5K as the chart shows.
This is not a trading advice.
Bitcoin-trading
Updated Targets for Polygon - MATICQuick Updated levels to watch for MATIC, now that all of our previous levels have been hit- This coin is going to dominate over the next bull run. I Recommend everyone have some in their portfolio.
Levels to watch!
Breakout Level: $1.07
Updated Target 1: $1.79
Updated Target 2: $2.18
What is Polygon (MATIC)?
Polygon, formerly known as Matic Network, stands as a pioneering and user-friendly platform designed for Ethereum scaling and infrastructure development. At its core is the Polygon SDK, a versatile and modular framework supporting the construction of various application types.
For an in-depth exploration of Polygon MATIC, refer to our detailed analysis of the project.
Through the utilization of Polygon, developers can create optimistic rollup chains, ZK rollup chains, standalone chains, or any other infrastructure required for their applications.
Effectively, Polygon transforms Ethereum into a comprehensive multi-chain system, often referred to as the Internet of Blockchains. This model closely resembles others such as Polkadot, Cosmos, and Avalanche, boasting the strengths of Ethereum's security, vibrant ecosystem, and openness.
The CRYPTOCAP:MATIC token remains a pivotal element, continuing to exist and playing an increasingly significant role in securing the system and facilitating governance.
As a Layer 2 scaling solution, Polygon (formerly Matic Network) is endorsed by major players like Binance and Coinbase. The project aims to drive widespread cryptocurrency adoption by addressing scalability challenges prevalent in numerous blockchains.
Eur/UsdHello traders!
Yesterday, the couple made a buy move because the US inflation came out less than it was thought to come out. The pivot (1.08860). If the price manages to break the level (1.08860), then we will have a buy movement at the levels (1.09310); (1.10000) ; (1.11040). My opinion is that the pair will keep the bullish movement.
Wait to enter the trade! Be careful!
Don`t forget to look at the economic calendar!
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Bitcoin - two weeks before massive PUMP? Hey folks. I recently conducted an extensive market analysis and compared the current situation with past cycles from 2015 - 2017 and 2019 - 2021. You can find more details here👇.
Based on past cycles, around this phase (reaccumulation phase), Bitcoin stayed for approximately 200 days before a sharp price increase. Currently, the price has been consolidating (sideways movement) for 190 days. And perhaps in a few weeks, we might see a strong price movement.
I want to emphasize that this is just a market analysis and a possible scenario of events unfolding. We do not rely on any analysis and our expectations. I continue to follow signals of my ready-to-use Buy/Sell indicators. Every day we get closer and closer to the market's parabolic phase.
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BTC I hope I'm horribly wrongI don't know if I can draw correctly, except that the interpretation can be different, but still, aren't we at point C and aren't we waiting for a descent? You know, I keep thinking why there are so many influencers on Instagram for crypto, for trading ? Isn't this parable going to hit us slowly? I have a feeling that we have passed the VERTEX and now it will go down nicely. Let us be surprised. But be careful with your money.
I will be very happy for all comments and suggestions, I would love to learn something new
Bitcoin: Can buyers continue the fightback?Today's focus: Bitcoin
Pattern – Continuation
Support – 27,500, 28,700
Resistance – 29,450, 30,170
• Shib launched their highly anticipated Shibarium.
• Coinbase received approval from the NFA to allow US retail clients to trade crypto futures.
• Bitcoin briefly broke below 28K on some exchanges on Thursday
Hi, and thanks for checking out today’s analysis. Today, our focus is on Bitcoin. We’ve seen a rather exciting day so far with news hitting the market that looks to have created a bit of long-needed volatility. After a fast decline that continued the last two days, Bitcoin continues to fight back from session lows.
Will we see buyers come back into the market? Do you agree that the current retracement looks a lot like the last? Could this be a sign that a new leg higher could be building? A lot will come down to if price respects the main uptrend and if it can find support before making any new deeper declines.
Have a great day and good trading.
4HR: $LINK; Sizing Up- Too Much Demand?BIST:LINK at a key inflection point where sellers are trying to push price down, however buyers seem to be soaking up the demand and I would say it is a range bound asset between these areas. I pointed out 2 times via prior history where the demand shows to be too much for bears to bring down, as buyers push for a 10% mark-up once confirmation is in.
IF BIST:LINK can confirm that these lows are in fact the bottom of the range i.e the potential double bottom, history shows that link typically swings upward of 10% once the bottom is hit and support broken/confirmed
Just my thoughts and how one would use history to size up a asset and possibly put in a position and the arguments why.
Thanks for reading
BTC IN CYCLE AND NEW BULLTREND SEEMS TO STARTBTC has been following a repeating pattern since November, forming a cycle trend. In January 2023, it completed the first cycle confirmation.
Looking at the recent price action, the cycle remains intact because BTC's overall trend is still positive, despite some fluctuations. Large investors (whales) consider both the long-term perspective and the technical price analysis, which currently indicate a positive outlook for BTC, as represented by the green trend chart.
Based on this analysis, there is a good chance that BTC could reach $32,800 in the coming time, with a possibility of even reaching $47,000 by the end of 2023.
If BTC enters a strong bulltrend, it could further confirm the continuation of this upward trend in the future. Such a bulltrend in BTC may also positively impact other cryptocurrency projects, leading to potential gains in the broader crypto market.
There is a high chance BTC is going to build a volume for the first breakout to $32800
Expecting that BTC can see more breakouts in the coming time since the technical view on the cycle is still running.
When it's the right time BTC will show more volume, the small time frame is not a confirmation of the trend, what real the main trend is of BTC now, and that it's still running in a cycle since NOV 2022.
BTC : CYCLE VIEW 2025 - $119,000Using a comprehensive analysis of BTC's historical data from all years, including its halvings, and sophisticated trend analysis techniques, as we have stumbled upon a fascinating observation in its price action. While we must acknowledge that our findings are based on data study and not a glimpse into the future, we are cautiously optimistic about the potential for BTC's growth.
Our study suggests that, with the current trajectory, BTC could potentially reach the impressive target of $119,000 sometime around the year 2025, or possibly even earlier. However, it is essential to emphasize that this remains an expectation rather than a certainty, as the future is inherently uncertain, and various unforeseen factors can influence market dynamics.
Yet, drawing from the patterns observed in previous years' data, there is a significant possibility that BTC might soon experience a formidable bull market, akin to a real whale in the financial world. Such a surge in price action could gradually propel BTC towards the mentioned target, assuming historical trends continue to play a role in shaping its trajectory.
For the short term, there is already an active cycle that started in NOV 2022 and did confirm today.
We expect with time we will see more volume on BTC.
The YEAR 2023 is a stable year where BTC has done better than all previous years in
breakdown %/ The next important target short term for BTC $32800
Bitcoin path given BEFORE THE NOISEAs many other larger and far more famous accounts then myself will agree with and tell you.
Show me the charts and ill show you when and WHERE to expect the news.
I gave you what route the charts and the overall macro played out in my mind BEFORE in my eyes.
Learn their ways and the WAY the GAME is PLAYED.
BTC : ON IMPORTANT MOMENT FOR BREAKOUT VOLUME $32800 - 38KBTC seems on a very interesting point, and as the volume plays between the uptrend of 31K and the dip trend of $30K, can this signal that there is an interesting volume that wants to affect the BTC price?
We still expect that BTC can enter a new breakout to $32800 where the price can increase further to 38K, this is more on the technical view of the BTC price action.
The last breakdown can be a dipping trend for a new breakout.
Every huge breakout did start with a breakdown.
There can be more time to play with the price action before a breakout could happen.
It's not so easy that we could follow the price up and up.. there should be always volume out to get new LIQ in price.
2 important uptrend targets we checkout
$32800
$38K
For the bull trend target we check
$47K
SP500 - Potential buy zonesThese two zones are potential buy zones for SP500 based on earlier support and resistance, ascending trendline and Fibonacci. If you want to buy in for a potential continuation upwards there may be good areas to buy in.
These targets are also good targets to take profit if you short from here.
GL
BTCUSD entering range?We have seen some very interesting price action from B TC recently with a returning surge to the 30k handle. Price has also broken long term down trend but is showing signs of being range bound until the next heavy impact news or data.
- Price breaks long term down trend to lows of 15k
- Return to 30k handle and test of resistance
- range bound price action on the higher time frames
Plan
- Hold for better entry at lower prices or at support levels around 24k
- Look for reversal patterns and role reversals into up momentum - lower time frames
- Watch for break of resistance and Higher Low on the 30k handle for best entry prices
Feel free to drop a comment with your views on this market!
BITCOIN BUYERS WILL DOMINATE THE MARKET|LONG
Hello,Friends!
BITCOIN pair is in the downtrend because previous week’s candle is red, while the price is evidently falling on the 6H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 29386 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely.
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