Get Ready for Potential BTC Pump during the USA Government ShutdAs we all know, BTC has proven to be a safe haven asset during times of economic uncertainty. With the USA government currently experiencing a shutdown, it's no surprise that investors are increasingly turning to cryptocurrencies, specifically BTC, as an alternative investment option. This surge in demand, coupled with limited supply, creates a perfect storm for a potential BTC pump.
Now, you might be wondering, "How can I take advantage of this opportunity?" Well, I'm glad you asked! Here's a call-to-action for you:
Consider going long on BTC! By taking a long position, you can potentially benefit from the anticipated price increase during this government shutdown. Remember, this is not financial advice, but rather an exciting opportunity that you may want to explore further.
To further support your decision-making process, I encourage you to conduct thorough research, stay updated with the latest news, and closely monitor market trends. Keep an eye on any developments regarding the government shutdown, as they can greatly impact the market sentiment and consequently influence BTC's price.
Remember, trading is all about seizing opportunities and making informed decisions. So, let's approach this potential BTC pump with enthusiasm, positivity, and a happy tone of voice! Together, we can navigate the market and make the most out of this exciting time.
If you have any questions, need assistance, or simply want to share your thoughts, feel free to comment.
Bitcoinmarkets
Bitcoin Divergences Since 2023Although Bitcoin has been stagnant since the beginning of the year, it continues to give us signals for future movements. First of all, we need to say that Bitcoin adapted to the 50-day moving average very well in this process. An investor who trades only according to the moving average can make very successful profits. In this context, when we look at the moving average, we see that the Bitcoin price is currently based on the moving average. A Bitcoin that breaks the moving average resistance at $26600 in the daily time frame can start to run again. We will determine how far this race will be as follows;
Bitcoin has been effectively diverging since the beginning of the year. During this period, there were 3 bear divergences, and the decreases as a result of this divergence were generally around 21%. On the contrary, it made a bullish divergence once and the increase was approximately 27%. After August, in the current period, we see another bull divergence. Therefore, if the increase from here is around 20% like the previous ones, the point we will reach will be $30k. Here we will observe the possibility of the head-and-shoulders formation that we mentioned in the previous report. However, for this divergence to work, we must first break the moving average.
BITCOIN: A REVERSAL OR DOWNWARD MOVE.Hello readers,
Welcome to this quick update on BTC in a 6-hour timeframe. In my previous update, I mentioned the $27.3k resistance level which BTC clearly didn't manage to break out, resulting in a rejection toward $26k. If this pattern continues, we can expect BTC to reach down to FWB:25K or $24.5k. This could be the possible odd scenario for BTC. Talking about the positive side, a trend reversal and breakout above FWB:27K could turn the table around.
The 21 MA which was acting as a support had turned out to be resistant to BTC. A miraculous reversal could save BTC from falling any further down.
What is your expectation in this current situation? Let me know in the comments.
Best regards,
Team Dexter.
BTC 24800 Price Target 32k? Stay Tuned for Trade Regular UpdatesBTC price dumped to 24800 and is currently bouncing, which was our last buy opportunity based on the previous signal in our last BTC post here .
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
It may seem contradictory to our previous short target of 12k, but in our last analysis, we mentioned that we would be longing from 26k down to 24800 after shorting at 30400. this is because we foresee a better short entry with a much better stop loss and profit target as the bears are heavy around $32k to $34800 which will give bears the needed backup to push the price down to 12k come 2024.
According to MT pandora's Box, The current market buyers are not exhausted yet, and the breakdown of the range is likely to be a trap for sellers. This is evident from the price breaking the 25200 support and hitting 24800, triggering a buying frenzy that backfired on the bears. As a result, we see the price racing back to 26800, clearing all the previous last shorters.
We will continue to hold our current Long position, and I will leave a free long trade signal at the end of this post if you wish to catch the bullish momentum that is about to take off. Now, we should stay patient as we anticipate hitting levels of 27200, then 27700, and eventually reaching 28k. Although there might be some minor pullbacks, this Long position is heading toward 32k.
Regarding the question of why we are shorting at 34k, while the price of BTC might extend even to 34800, we are likely to start adding to shorts from the 32k range. However, we won't jump in with our full position size; instead, we will incrementally add to shorts in small percentages. This strategy will give us the opportunity to reach our 12k target by 2024. Expect some reactions from sellers as BTC moves from the bottom to the top of the current range.
Please Note: Due to the length of our previous BTC post, I will only update it again when we reach the current long target of 32k to 34k range. At that point, we will take another BIG SHORT to achieve our 12k target by 2024. this post will provide updates on the current long trade before the BIG SHORT.
(To enter this LONG, wait for a pullback to take the trade as the price will return to one of the supports listed below, multiple entries with one stop to allow you to buy in pieces and that way accumulate as price goes our way.
Free BTC Long Trade Signal:
To enter, wait for a pullback to take the trade.
ASSET: $BTC/USDT
ACTION: LONG
1st ENTRY PRICE: $24800, 2nd $25600, 3rd $25800 (Worst or late entry $26k)
STOP LOSS: $23700
1st TAKE PROFIT: $29700, 2nd TP: $31200, 3rd TP: $32k (Extended TP: $34k)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risks, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
Should we trust on math? 11T$ TargetWhen we checked the last cycles our fib target was always 3.6 Fib level, now we see that we will see something like 11T$, it looks huge, impossible.
So in this scenario, there will be mass adaptation, and full media cover with blockchain and web3, especially Meta, De-Fi and Rwa will be strong pushers.
You know people, who never buy red, they lie themselves like they do on social media, they don't wanna buy red stuff only green because it makes you better, buying is an addiction to greed, you must buy green and you are super greedy at that time!
So there will be millions of people who lost their purchasing power, and missed a lot of opportunities in past with low-interest rates, new use hype is expected to be a billion in this bull-run! Right now 1.4 billion people are using iPhone, such a massive adoption when you remember the first days of the iPhone, we were still using Nokia or what?
The banking system is stupid right now, why do we have % commission for one single transaction even If you buy milk on the market, why do we give them for sending money or holding our assets there so what if CBDC came to our real life?
One way or another world doesn't realize something recession and crashes won't happen when everybody expects, it happens when you thought bad days are over, probably 2025-2026 will have these hidden signals when everyone was superb happy.
So I am waiting for a big step for printing money, adaption and huge crash like dot.com bubble and that cycle will bring us next bull-run but people will lose a lot of money, we could lose money too we know that but greedy people never things that, only one thing we should be careful that we shouldn't be super greedy in 2025.
Have a nice day guys, I hope to comment this post next year with superb expectation for the future, please comment below.
Bitcoin 10k crash! Reposting from Aug 19, 2023This is a republishing of my original post of title:
Bitcoin 10k crash‼️ - 🤔 will it happen? Can it be avoided?
The original version was removed - for reason I care not to explain.
BITSTAMP:BTCUSD
BINANCE:BTCUSDT
BINANCE:BTCBUSD
KUCOIN:BTCUSDC
BINANCE:BTCUSDT.P
I wanted to do an update to my original post and below you will see what charts and findings including the original post from August 19th to help you decide on if you want to invest.
Please be advised.
🚫Do not allow this to frighten you into selling, or consider this as financial advice, understand the risk and understand this may be hypothetical so bear with me BTC -fans or any of those that follow my content, take this with a grain of salt.
Like, laugh, make fun of this prediction, but I just wanted to give everyone a heads up of my findings.
So by the 19th to the 20th of this month, we maybe in more trouble than we think, we may need to start the recovery process soon as this is effecting a great deal of the market and not just cryptos if this issue is not recovered soon - or - see Bitcoin fall in price to the range of 10k by September 25, 2023 or late October 2023.
I will add updates to this post as it progress.
Be sure like, follow, and subscribe for more tips and prediction from me.
Grandmaster_oz
Will be creating a streaming channel soon so I will be covering future events live or on recording.
Below the current status of the market today.
Bollinger Bands Tightly Consolidated as BTC Remains Range Bound At present, Bitcoin has been trading within a narrow range of around $27,000, and this prolonged consolidation phase is a cause for caution. The Bollinger Bands, a widely used technical analysis tool, suggest that volatility is diminishing, and a significant price movement could be imminent.
In light of this information, we strongly urge you to pause your Bitcoin trading activities temporarily. It is crucial to exercise patience and avoid making hasty decisions during such periods of consolidation. While it may be tempting to seize potential opportunities, the current market conditions warrant a more cautious approach.
Here are a few reasons why we believe it is prudent to exercise restraint and pause BTC trading for now:
1. Reduced Volatility: The narrowing Bollinger Bands indicate a decrease in price volatility. During such times, market movements tend to be limited, making it challenging to predict short-term price trends accurately.
2. Potential Breakout: The tightly consolidated Bollinger Bands often precede a significant price breakout. By pausing trading, you can avoid potential losses resulting from sudden and unpredictable price swings.
3. Risk Management: Taking a step back from trading allows you to reassess your risk management strategies and ensure you are well-prepared for any potential market shifts. It is crucial to protect your capital and make informed decisions when the market provides clearer signals.
While the decision to pause trading ultimately rests with you, we strongly advise against making impulsive moves during this consolidation phase. Consider this as an opportunity to reevaluate your trading strategies, conduct thorough research, and seek expert advice if needed.
We will continue to closely monitor the market and keep you updated on any significant developments. Remember, patience and discipline are key virtues in the world of trading, and it is during these uncertain times that they become even more crucial.
If you have any questions or require further guidance, please do not hesitate to comment below. We are here to assist you throughout this period of consolidation.
Thank you for your attention, and we wish you all the best in your trading endeavors.
#Bitcoin - thoughts out loud #8Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
If it's longs, then maybe so, because the demand test can be considered complete, and a supply test is needed before moving up.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
P.S.
...Think positive)
Betting on Bitcoin: Will BTC Bulldoze Its Way Past $27,000? Unmasking the Potential: Breaking Down the Chances of BTC Breaking Barriers
Hold onto your hats, folks! Bitcoin's wild ride is about to take on a jaw-dropping turn. Let's dive into the rollercoaster of possibilities and unpack whether it's time to go all-in on BTC.
Introduction:
As the cryptocurrency market sets the stage for mind-boggling twists and turns, Bitcoin, the undefeated champion, is defying gravity once again. Speculation is rife about BTC skyrocketing past the elusive $27,000 threshold. In this electrifying article, we'll unravel the enigma behind Bitcoin's current value and challenge you with a gutsy call to action.
Breaking Through $27,000:
A Glimpse into Uncharted Territory: Picture this. The market holds its breath as BTC stands on the precipice of greatness, staring down the fearsome $27,000 resistance level. But hey, before you start betting your prized Magic: The Gathering collection on this feat, let's pump the brakes and cautiously approach this wild ride.
The Capricious Cryptosphere
Market Sentiment: 🤷♂️ When it comes to cryptocurrencies, predictability is about as rare as finding matching socks in your laundry. The market can swing from joyous elation to heart-wrenching despair in the blink of an eye. Don't let emotions be your guide—brace yourself for anything.
Technical Analysis:
📈📉 Forget the traditional stock market indicators you've come to know and love. Bitcoin laughs in the face of the convention! Technical analysis might provide some clues, but make sure you bring your lucky rabbit's foot and a crystal ball for good measure.
Consider Long BTC Position with a Wink 😉
Fundamental Factors: 💪 Amidst the chaos, let's not overlook the fundamentals. Study the trends, scrutinize the news, and consult the experts in the cryptosphere. Knowledge is power, after all.
Call-to-Action:
Time to Go Incognito with Long BTC! 🤫 While we can't predict the future, taking a calculated risk might just be the ticket to virtual wealth. But be warned, fellow adventurer! Approach the cryptosphere like a stealthy ninja, conducting secret research, diversifying your portfolio, and consulting with experts before making your move.
Bullet List:
• 🚀 Strap in for the unpredictable BTC rollercoaster.
• 🛡 Take calculated risks, but don't forget your safety net.
• 🕵️♀️ Do your homework and unleash the ninja within.
• 🌍 The cryptocurrency market knows no borders—everyone can partake.
Quote: "In the world of cryptocurrencies, fortune favors the daring-brave souls who balance risk with reason." - Anonymous
Conclusion:
Brace yourself for the possibility of BTC crashing through the $27,000 barrier, but remember to keep your wits about you. Stay informed, dance with caution, and may the crypto gods smile upon your daring endeavors. Leap, but never forget to land safely. 🪂
Disclaimer: This article serves as an electrifying exploration of possibilities and should not be considered financial advice. Always seek guidance from the pros and conduct your research before entering the cryptosphere's rollercoaster ride.
BTC: HITTING THE SUPPORT ZONE ONCE AGAIN!Hello traders,
I hope everyone is doing well. I want to share an important update about Bitcoin (BTC) in the daily timeframe.
August has been quite surprising for BTC, as usual. We've seen sudden ups and downs in the market. Now, the big question is: Will September be kinder to BTC, or will it be another challenging month? Let's take a closer look at the situation on the chart.
After all the price ups and downs, BTC is currently stable at $25.7k, which is close to a support zone marked by the blue box. Based on my analysis of both the weekly and daily charts, I anticipate that BTC should start a recovery from this support level soon. If BTC were to drop further, I expect it might go down to $24k before rebounding. However, if the price closes below $24k, it could indicate a different market scenario.
That's the latest from me. If you have any thoughts about the market, please feel free to share them in the comments. I appreciate you taking the time to read this update.
Best regards,
Team Dexter
BTC (Weekly Timeframe) The Signs Were Always There...
The signs were always there. Notice the momentum Top signals on the daily timeframe. The silver triangle "T"'s showing up at key levels like clockwork on the daily time-frame.
- Red Diamonds ♦️
- Red Trend-line 📈
- Downward compounding red Volatility momentum.
- A Golden reversal Diamond thats failing to confirm.
We now have compounding volatility momentum on the weekly timeframe, with red diamonds and a red track-line fighting off a downtrend. These are our ranges for now.
We've spent 6 months turning 24.5-25k into support. I expect that this will be our boss battle. In order to break through support and slay this dragon , we'll need several retests, or a cataclysmic news event.
Bitcoin's 5% Spike: An Early Rally or Cause for Caution?I wanted to bring your attention to the recent spike in Bitcoin's value, which has surged by an impressive 5% in a relatively short period. While such a surge may initially seem like an early rally, I urge you to exercise caution and consider pausing your Bitcoin trading activities for a moment to evaluate the situation.
Bitcoin, as we all know, has been subject to significant volatility in the past, making it both an exciting and risky investment. This recent spike, while enticing, could potentially be a sign of a larger market trend or a temporary fluctuation. It is crucial to take a step back and assess the situation before making any impulsive trading decisions.
Here are a few factors to consider before deciding your next move:
1. Market Sentiment: Analyze the overall market sentiment and observe if this spike aligns with any significant news, events, or market indicators. Understanding the context behind the surge can provide valuable insights into its sustainability.
2. Volume and Liquidity: Evaluate the trading volume and liquidity associated with this spike. A sudden increase in trading activity may indicate a short-term surge driven by a limited number of participants, potentially resulting in a subsequent correction.
3. Technical Analysis: Employ technical analysis tools to identify any patterns, support levels, or resistance points that might help you gain a better understanding of the market dynamics. This analysis can assist in determining whether the spike is part of a larger upward trend or merely a temporary anomaly.
4. Risk Management: Always prioritize risk management strategies, such as setting stop-loss orders or diversifying your portfolio. These measures can help mitigate potential losses and protect your capital, especially during times of increased volatility.
Considering the points, I encourage you to take a moment to pause your Bitcoin trading activities and reassess your strategy. It is crucial to approach such significant market movements with a level-headed mindset and not succumb to impulsive decision-making.
Please remember that trading cryptocurrencies involves inherent risks, and it is essential to stay informed and make well-informed decisions based on thorough analysis.
Long Bitcoin Here I always have a core btc position like a responsible adult, but am opening more longs here in trade account, honestly this is either the easiest short in the world or a super obvious bear trap. Lets see what happens, tight stops. I will always long a 0 0 Weekly Stochastic RSI, just a matter of time before mean reversion. Not advise, good luck.
BITCOIN BACK TO 19999 SUPPORT?We don't know when the ETF from BlackRock will be approved so this is the worst possibility of COINBASE:BTCUSD if this ETF is not approved as soon as possible BINANCE:BTCUSD will return to 19999.19 usd support!
or if it is not strong enough to hold the support at 19999 it will return to 16778, I hope next month it will be approved by the SEC.
BitcoinWe may see 1270000 again if breaks the support.
Careful upside is very limit as resistance is strong and retested to further fall from here.
Best buying may come next year Jan/Feb 2024..
Stay away from the bitcoin as per technical analysis.
Upside break should be very fast as of now or it will reject and fall in coming weeks or months.
#Bitcoin - thoughts out loud #7Good evening from Ukraine!
Dear colleagues, I am glad to welcome you!
Without logic, there is no way to fall further. For the current period of time.💸💸💸
Because this is my vision of the situation, because these are my thoughts out loud. Thank you.
Thank you all for your attention, I wish you success.
Sometimes you win/sometimes you learn.
P.S.
...Think positive)
BTC Bears Persists so Explore Other Profitable AssetsI must admit that the current state of Bitcoin (BTC) has left a somber tone in my words. As we navigate through these challenging times, it is with a heavy heart that I inform you about the ongoing bearish momentum that continues to plague BTC.
Despite our hopes for a swift recovery, BTC's price remains significantly below the Simple Moving Average 200 (SMA 200), casting a shadow of uncertainty over its future. The market sentiment surrounding Bitcoin has been marred by persistent selling pressure, causing distress among traders and investors alike.
While it is disheartening to witness this prolonged downturn, I believe it is crucial to consider alternative investment avenues that may offer more promising prospects. As traders, we must adapt to the ever-changing market dynamics and seek opportunities beyond BTC.
Therefore, I encourage you to explore other profitable asset classes that have shown resilience during these challenging times. Diversifying your portfolio with assets such as stocks, commodities, or even emerging cryptocurrencies might provide a glimmer of hope amidst the current market turbulence.
Remember, the trading world is not limited to a single asset, and countless opportunities await exploring. By broadening our horizons, we can potentially discover new avenues for profit and safeguard our investments against the uncertainties faced by BTC.
While feeling disheartened by BTC's current state is natural, let us not lose sight of the bigger picture. History has shown that markets are cyclical, and what goes down eventually comes back up. However, we are responsible for adapting and making informed decisions that align with the prevailing market conditions.
In conclusion, I urge you to reflect upon your trading strategies and consider diversifying your portfolio to include other potentially profitable asset classes. Let us not be disheartened by BTC's bearish momentum but use this as an opportunity to explore new avenues for growth and prosperity.
Please do not hesitate to comment if you require any assistance or guidance in exploring alternative asset classes. Together, we can navigate these turbulent times and emerge more robust and resilient.
#Bitcoin - thoughts out loud #5Good evening from Ukraine!
Dear colleagues , I am glad to welcome you!
Without a logical justification, the vision of the situation I show on the graph may not be realized. The position is set in the range of 25800 - 26300.
Thank you all for your attention, I wish you success .
Sometimes you win /sometimes you learn .
P.S.
...Think positive)
Bitcoin Reaches Close to Death CrossI write to you with a cautious tone as a significant development is occuring in the Bitcoin market: the dreaded "death cross."
As many of you may already know, the death cross is a technical pattern that occurs when an asset's short-term moving average crosses its long-term moving average. In simpler terms, it signifies a potential shift in market sentiment from bullish to bearish. Unfortunately, our beloved Bitcoin has just experienced this ominous event.
While it is crucial to acknowledge that technical analysis is not always an accurate predictor of future price movements, the death cross has historically been associated with increased selling pressure and a potential downtrend. This pattern has caused concern among traders, prompting us to take a momentary step back and reevaluate our strategies.
Considering this development, I encourage you to exercise caution and consider pausing Bitcoin trading. It is essential to reassess your risk tolerance, evaluate your investment goals, and diversify your portfolio to mitigate potential losses. Remember, preserving capital is just as important as generating profits.
As seasoned traders, we understand the allure of cryptocurrencies and the potential for significant returns. However, it is crucial to remember that the market is highly volatile and subject to rapid changes. Taking a momentary pause to analyze the situation and gather more information can be wise.
I urge you to stay informed about the latest market trends, news, and expert opinions. Consult financial advisors or trusted sources to gain insights and make informed decisions. Remember, knowledge is power in the world of trading.
While feeling uncertain during such times is natural, it is also important to remain level-headed and disciplined. As the saying goes, "The market is always right." By exercising caution and adapting our strategies accordingly, we can navigate through these challenging times and position ourselves for future opportunities.
In conclusion, I encourage you to pause Bitcoin trading, reevaluate your approach, and gather more information before making any hasty decisions. Let's take this moment to reflect, learn, and adapt our strategies to the current market conditions. Together, we can navigate these uncertain times and emerge stronger.
BRICS Using.... BITCOIN ? 😨Hi Traders, Investors and Speculators of Charts📈📉
Bitcoin is now political. (if it wasn't already before, it definitively is now).
In a recent development, official news leaked that that BRICS nations may look at using BTC to undermine the Dollar as a reserve currency. At the same time, many nations have drastically reduced their USD exposure.
China's holdings of US treasury bonds decreased significantly to $835.4 billion in June 2023, marking a substantial drop of approximately $103.4 billion within a year. ( Despite this reduction, China remains one of the largest creditors to the United States, with Japan holding the top position at $1.105 trillion. )
Additionally, the BRICS nations, a group consisting of Brazil, Russia, India, China, and now Saudi Arabia, are exploring the idea of using Bitcoin as an alternative to the US Dollar for international trade and exports . This suggests a growing desire among these nations to reduce their reliance on the US currency.
Saudi Arabia, a new member of BRICS, also decreased its holdings of US debt by $11.1 billion during the same period, now holding $108.1 billion. These moves by BRICS nations reflect their increasing opposition to the dominance of the US Dollar in the global economy.
Even though the bears have undoubtedly taken control of BTC short term, this is very provocative news that will definitely affect the Bitcoin price. The two main outcomes I see:
👉 Sellers drop the price lower to an entry point that is more acceptable for whale buyers in BRICS countries. BTC trades range for months.
👉 Considering USA holds most of the BTC supply by country, we see a price increase to make it harder / less affordable for BRICS countries to accumulate BTC. Lot's of volatility as BTC buyers vs sellers fight for macro dominance
Although, having been in this space for a while, I'm leaning more towards the first option considering that was what happened when El Salvador made similar claims.
As of March 8, 2023, Top Countries with BTC holdings are :
1) United States (805,810 BTC)
2) Russia (129,210 BTC)
3) Germany (108,150 BTC)
4) Switzerland (105,000 BTC)
5) Netherlands (88,400 BTC)
6) Canada (70,000 BTC)
7) United Kingdom (58,000 BTC)
8) Sweden (52,000 BTC)
9) Japan (42,000 BTC)
10) Australia (38,000 BTC)
Ziad Daoud, Chief Emerging Markets Economist for Bloomberg, suggests that Saudi Arabia's (a large oil nation) shift towards riskier assets could influence the Federal Reserve's stance on interest rates, both domestically and globally. This could potentially lead to higher US interest rates.
So where does this leaves you, as a Bitcoin trader / speculator? Not in a great place. With these new developments it may be harder than ever before to predict the direction of the price.
My recommendation is still the same since weeks ago.. Altcoins. There are MANY better trading setups within the altcoin market that have better risk/reward setups. I personally won't touch BTC for the moment.
______________________________
Incase you missed it, previous relevant updates here :
BRICS 2023 Summit outcomes :
Capitalizing on BRICS nations stocks:
_______________________
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