Bitcoin-usd
Bitcoin : one of the last supportHey all,
What a week. Everybody is waiting for the FOMC , tomorrow. The next rate declaration from the Federal Reserve will add a little bit more volatility in the market.
About Bitcoin, prices are on the hedge of one of the last support, the previous low, at 18 822$ . This area was defended by the bulls many time.
Let's note the positive divergence on the daily RSI, that could go in the way of a bounce, with a first target located at 20,500$ , the daily Kijun.
If the support breaks, we have as a very last support the very low of candle shadows, located at 17,630$ .
Let's see how the market will react to the news !
Cheers.
Litecoin/USD idea (19/09/2022)Litecoin/USD
We expect the correction in wave ((iv)) to end at prices of 68.16 and the beginning of the decline. It targets lower prices, and the decline may continue to the 1.38% level at prices of 33.67 or to the level of 1.618% at prices of 30.13 to end the wave ((v)).
BTCUSDT 1 Week Chart Demand & Supply Zones#Bitcoin #BTC 1 Week #Chart Demand and Supply Levels.
Bullish Supply Range ( Go Long) - USD 17,698/-
Bearish Supply Range ( Go Short) - USD /- to USD 26,949/-
#bitcoin #btc #cryptocurrency #crypto
Total BTC Longs - 104019.50/-
Total BTC Short1,837.6/-
Current Status - Movement Towards Bull Run.
August 23 BTCUSD BingX Chart Analysis and Today's HeadlineBingX’s Bitcoin Chart
According to CoinShare, Digital asset investment products saw minor outflows last week totalling US$9m last week with volumes at US$1bn, 55% off the year average and the 2nd lowest this year. Bitcoin price is almost flat over the past 24 hours. The relative strength index (RSI) is near the oversold zone, indicating that the bears have a significant advantage. For now, the bulls need to push the Bitcoin price above the 50-day simple moving average (SMA) ($22,382) to avoid further decline.
Today’s Cryptocurrency Headline
UK Intends to Bring Stablecoins Under Regulation
A proposed bill could give U.K. regulators new powers over payments-focused crypto assets like stablecoins in September. The bill looks to expand existing financial regulations to cover payments-centric cryptocurrencies such as stablecoins, which are broadly defined as "digital settlement assets" (DSAs), and the bill also puts the UK Treasury in charge of defining what DSA are and gives the Bank of England (BoE), the Financial Conduct Authority (FCA) and the Payments Systems Regulator (PSR) corresponding powers to enforce the rules.
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BTCUSD H4 Potential for bullish momentum | 12th August 2022On the H4, with price moving within a bullish channel as well as above the ichimoku indicator and RSI moving along an ascending trendline, we have a bullish bias that price will rise to our buy entry at 24703.69 where the swing high resistance, 50% fibonacci retracement and 61.8% fibonacci projection are. Once there is upside confirmation that price has broken entry structure, we would expect bullish momentum to carry price to take profit at 26779.85 where the 61.8% fibonacci retracement , -61.8% fibonacci expansion , 161.8% fibonacci extension and 100% fibonacci projection are. Alternatively, price could drop to stop loss at 22560.82 where the pullback support, 61.8% fibonacci retracement and 61.8% fibonacci projection are.
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BTCUSD-- Weekend trading positionsDetected some positions to take as the final hour of the trading day comes
to its end and a new Daily candle begins to take its form. Be sure to check
out my higher timeframe perspective on Bitcoin also. Check out the
related ideas below, and don't forget to like, comment and subscribe.
Happy trading, and good luck!
Bitcoin Super CycleHere we can see the PI cycle top flashed early much like 2013
In 2013 it was April fools day when BTC started its correction
BTC reached the Center point of logarithmic regression around July 1
This correction was only 3 months in length
I do see a similar pattern here, If this plays out like the super cycle in 2013
then my personal targets are:
Center of regression July 2021
second PI cycle top will be around oct-nov of 2021
followed by a bear market which takes BTC to 20k as the floor again
shaking out most retail and making it less affordable to accumulate
From there BTC will be on the journey of 1 million roughly a year after the 4th halving
It's important to note 4th halving will put rewards close to PI at 3.125
BTC USD : SYMMETRICAL TRIANGLE BREAK, BULLISH REVERSAL! BOOM!FOLLOW, LIKE AND COMMENT IF YOU APPRECIATE THIS CONTENT. THANK YOU
BITCOIN is not in a bear flag like others have posted. Bitcoin has been in this symmetrical triangle for about a month now and it broke to the upside in a bullish reversal. Bitcoin will climb to about $40k on this run before a correction possibly back down to about $25kishthen continuing its ascent to 6 digits. Don't fall for all the bearish sentiment and charts they are for the most part 99% all echoing what they heard. Hardly anyone who is bearish has anything different to say. War, recession, inflation, interest rates, shortage, apocalypse, asteroid, and total extinction of the human race (its a big echo chamber). We've been going through the same crap for more than a hundred years what is so different now? The FED will pivot and start printing more money soon enough so get ready for a rocket shot to 6 figures. 7 is not out of the question either. Anything is possible in this bull run. Nothing is going to stop Bitcoin, it was made for this reason. This is not financial or trading advice this is just my opinion. Thank you and good luck out there.
BTC vs the Dollar Inflation Rate :-)I thought this was an interesting chart Dollar Inflation vs Bitcoin BTC percentage different with the Bitcoin BTC price on top since the start of the pandemic. I used this Date Jan. 31, 2020 since it was short of a worldwide reset of the financial system. It appeared to give about a week notice before the BTC price collapse. I will follow this chart thru the next bull run to see if gives any earlier indicators or not.
Don't worry Deeper Network DPR Crypto i have not forgotten about you. Your just taking to long to play out your Bearish M Pattern and i am getting bored waiting..................................