Another bearish pattern is in the charts right now which already broken down and currently retesting it so it does make a confluence that we might see some more downside action in the price of Bitcoin, however recently the onchain data shows that 2billion dollars worth of BTC just took off from exchanges, So for that reason it does seems like we might see a relief...
#BTCUSD TA : you can see descending supports and resistances in daily chart, $BTC is near resistance and technically price should come down to touch the support. the yellow line is now supporting , a break down from this line can make the price head down toward $30k that is a Psychological support and then $26300 and $23500. The Grayscale Bitcoin Fund (GBTC) is...
So, what is wrong with Bulls? Hopefully btc bulls will defend 35k and bounce prices higher. But if bulls fail to overtake, bears will take lower and shoot prices in low 30000-ish.
BITCOIN EXCLUSIVE UPDATE: BTC reached 48k and according to the current chart this could be the Top in the short term. Remember that parabolic pump in BTC when Elon musk used the word #BITCOIN in his BIO ? It didn't hold long right? I don't think we should long here as it has already pumped a lot. So better to avoid going long. We've still got a chance to retrace...
Bitcoin ( BITSTAMP:BTCUSD ) has been one of the trickiest assets to forecast, until institutions hopped on, and now it's THE trickiest asset to forecast. So I will give my take on it and the factors I'm considering for my mid to long term analysis. I also give a short-term forecast. But since that can change very quickly, keep following this idea for updates. I...
“You are a child of the Universe, no less than the trees and the stars; you have a right to be here. And whether or not it is clear to you, no doubt the Universe is unfolding as it should”. ---- Max Ehrmann Key Fundamentals: 1. Smart money action: The on-chain smart money indicator gave out accumulation signals. This indicates smart money has been...
“You are a child of the Universe, no less than the trees and the stars; you have a right to be here. And whether or not it is clear to you, no doubt the Universe is unfolding as it should”. ---- Max Ehrmann Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level and are higher than the July level when we had...
Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level and are higher than the July level when we had the 10k break out. This not only is similar to the on-chain developments before prior bull runs, but also indicates a strong support at 10k. Institutional investors showed picked up interest in the crypto...
Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level and are higher than the July level when we had the 10k break out. This not only is similar to the on-chain developments before prior bull runs, but also indicates a strong support at 10k. Institutional investors showed picked up interest in the crypto space...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up interest...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up interest...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up interest...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Institutional investors showed picked up interest...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! The margin market drives lots of crypto movements. Since whales could profit from opening both spot and margin accounts to facilitate pumps/dumps, and only minority wins in this market, counter trading the general margin market...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! BTC’s recent lack of market interest is leading to a concerning drop in the CME open interest money flow index. The last two times this index dropped below 30 is correlated with at least 3 months of BTC corrections. The bottom...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. 2. Miner action: Both hash rate and difficulty are...
First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Technicals: 1. RSI: Daily RSI has signs of recovering. As suspected last week, the rise to 9.5k formed a RSI hidden bearish divergence. Even though RSI has broken above its MAs, a second test of MA as support is needed...