Will the market recover in the long term? BitcoinThis idea is primarily a reflection, like my previous ideas. I want to push my limits. It always fills me with excitement when an exchange rate develops as I expected 1-2 years before.
In my opinion, it is hyped by the FOMC and we cannot expect much from it in the short term. Therefore, the exchange rate may turn down again from the maximum level of 32k dollars to look for supports.
The long-term bear trend has technically broken, BUT it would be too early to say that the bull market is here again. We need to see higher lows and new highs to be bullish again.
I definitely want the exchange rate to develop as we can see on the graph. We'll see. Share your thoughts too.
Bitcoinmarkets
Bitcoin Trying to reach 31K before it runs out of fuelBTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge
obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals
Thanks for watching
Bitcoin 35000?Today I would like to share with you some thoughts on the situation in the cryptocurrency market, specifically regarding the price of Bitcoin. We have a couple of unclosed gaps at different price levels, including 9600 and 21000. However, the price of Bitcoin is likely headed towards 35000, as many people still do not believe in the growth and think it is all manipulation.
It is important to understand that the price of Bitcoin can sometimes move unexpectedly and unpredictably. Therefore, even if most people do not believe in growth, it does not necessarily mean that the price will not rise.
Therefore, I would advise not to give in to emotions too much and to conduct your strategy based on the analysis of fundamental and technical factors, as well as to closely monitor the development of events in the market.
Thank you for your attention and have a good day!
BTC - Pullback , ready for long long position !? #BTCit looks like we 're seeing a pullback BINANCE:BTCUSD .
everything is clearly visible in the chart
MAX Leverage = 5 - 10 (above 5 is a greedy decision!!!)
Max Loss (with leverage 5 ) = ~20%
Max Profit (with leverage 5 ) = 35 - 65%
|--| 70% sell in first target and 30% for next target |--|
always DYOR , Buy and sell with full knowledge of financial markets.
Maybe This Way , Lets See that ...
BITCOIN LONG 20230410No need to say too much, Just LONG
Nobody would Short at the moment, am I correct?
BTC , BTCUSD , BTCUSDT , BTCUSDT.P , BITCOIN , CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
BTC Pattern showing Strong Bearish Sentiment More Than Ever!!Two new BTC bearish pattern (one mentioned at the start that will blow your mind)
Bitcoin Exited the Orange parallel channel and is consolidating below the support of the blue parallel channel
Stoch RSI on weekly is at its peak and needs to come down which will follow by heavy sells & Head and shoulder still in play
Dxy doing a descending wedge which is bullish.Ive talked about it in video cause its very important
SPX is in a big bear flag - could rally up and form bearish divergence
Strongly recommended to watch it untill the end.lots of important information and signals
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Bitcoin -> Symmetrical Triangle BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that as we are speaking Bitcoin is approaching a quite obvious previous weekly support zone which is now turned resistance exactly at the $33.000 area.
You can also see that the past three weeks there was literally no movement in Bitcoin price so I am now just waiting for the market to pump another 15% towards the upside before then rejecting the resistance area.
On the daily timeframe you can see that Bitcoin has been forming a quite nice symmetrical triangle over the past couple of days so I am now just waiting for a breakout and then I simply do expect more continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
BTC Pattern shows Pullback to 27.1K! Could it be worse?Signs and patterns are VERY bearish pointing towards 25K
-Bitcoin Pattern (Parallel channel) extending as expected and volume is going lower
-some other indicators showing sign of bearish momentum and even a bear flag has been formed on btc (details on video)
-SPX signaling for a pullback as well thus downside could be ugly if happens.
-The H&S is still in play but we are wating for the right shoulder to form (needs a dump)
I encourage you to watch this until the end if you wanna protect your assets
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**Disclaimer - No Financial Advice **
BTC Pattern Continues To Playout! Strong Bearish Signs Are There*Disclaimer - Not Financial Advice*
Bitcoin Has been consolidating below a huge HORIZONTAL resistant for a while now And The pattern that we have been talking for the past 3 videos playing out
On top of that there are Quadruple Bearish Divergence on RSI and Bear Flag and couple of more SELL signals that I mentioned in the video
Lots of STRONG Sell Signals so I would say 25K first before 30K(if it wants to happen)
I strongly recommend to watch this untill the end
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bitcoin update btchello traders bitcoin will probably drop 25 k they left the liquidity we specially determine the week movement after the Sunday candle open there is fvg and a liqudity short term sell is possible if you cant enter now we will find scalp entry just follow but over all we are buy setup but there is daily pullback to reach into previous weekly high
We won't see prices below $17k again leading into 2024 HalvingWe start our fibonacci retracement from the start of Covid in March 2020. The 50 MA maintained above the 500 MA until roughly a year ago in February 2022, where it confirmed a "Death Cross". This was leading right into the 2 year anniversary of Covid and the start of an aggressive series of Fed rate hikes. A year later, we have hit rock bottom and hopefully many of you were able to accumulate below the .786 fibonacci retracement level ($17,720).
We are now in a position where the 50 MA has already confirmed a "Golden Cross" with the 200 MA. The 50 MA is now approaching the 500 MA which will secure the long term zone above the $20k support line leading into the halving of 2024. To understand the bigger picture of what is happening, the last time the 50 MA formed a "Golden Cross" with the 500 MA was in August of 2019 (leading up to the halving event of 2020). Once again, we are approaching another 50 MA "Golden Cross" with the 500 MA leading up to another halving event. Keep you eyes on this area long term. All of the indicators from the start of 2016 are pointing in a long term up trend and is setting up perfectly for another halving event (2024).
We have "reverted to the mean" of 2017 (Long from here)If we go back to 2016-2017 and create the average trend line leading to present time (light blue line), you will see that the 100D MA has bounced off support and now making way to potentially forming a "golden cross" with the 500D MA. Obviously, we could see consolidation between the $20K and $30K range for quite some time, but in the long term we are still following the long term mean. I believe the light blue line will remain an area of safety (hardened support) and will continue the long term trend "up" following the 2024 halving.
TLDR: We have already hit rock bottom.
Is the Bitcoin Bull-Run start?? monthly chart structure!!Technical analysis: #BITCOIN (Monthly update)
* BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame and
break out the falling wadge pattern.
*Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance as support as well as 21-MA for further Upside movement ..
*The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish but need to trading above 21-MA as welfor confirmation for bull run //
* RSI is Trying to break the Down Trend line , if price could break it then it will take momentum from here..
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Bitcoin No Limits - World Takeover Don't Trust The MarketcapHello this is my first post for the future and some bitcoin projections I have been running during the bear market, everyone see it from my view and why this is a pretty historic event happening before our eyes. Biggest financial event in human history to be exact. . not just our lives.
2025
$855,775 Medium | Market cap ($17,971,275,000,000 based on 21m supply) $17.971 trillion
$2,038,869 Parabolic | Market cap ($42,816,249,000,000 based on 21m supply) $48.816 trillion
BASED on today's price of 1 Bitcoin worth $22,800 | Invested amount $2,052 = 0.09 BTC | Return on 2025 $183,498 that's 8,742%.
--------------------------
2030
$3,471,145 Medium | Market cap ($72,894,045,000,000 based on 21m supply) $72.894 trillion
$6,610,057 Parabolic | Market cap ($138,811,197,000,000 based on 21m supply) $138.811 trillion
BASED on today's price of 1 Bitcoin worth $22,800 | Invested amount $2,052 = 0.09 BTC | Return on 2030 $592,853 that's 28,791%.
--------------------------
You need to stop looking at Bitcoin based on market capitalization, this is not a technology stock, this is not a company they cannot be compared what so ever.
Its impossible to dilute Bitcoin, Its not impossible to dilute Apple shares.
Fiat money can be printed and devalued renominated, Its impossible to print Bitcoin and create inflation outside of the 21m limit.
Rick Falkvinge explains this perfectly, how do we calculate a 1 billion dollar market cap token?
Step 1 Issue 1 billion Tokens
Step 2 convince a few thousand people to buy each token for $1
Step 3 you now have what wall street uses to value companies economic value, and you probably just realized 100 Trillion in Bitcoin is not 100 trillion dollars, you can have a 1,000 trillion market cap with less than 50 Trillion of fiat value floating around in the asset.
You start to realize the total crypto market capitalization filled with scams was not 3.0 Trillion in real fiat value.
In 2021 at the peak only 176 Billion was the daily volume on Coinmarketcap, if you add in that market caps are not correct it would be less than a 10 billion per day of real fiat currency, its a lot correct but its not near what people thought.
Lets continue the journey and use Visual Capitalist to see what money looks like today.
-Notional value of derivatives is now estimated to be $600 trillion, notional value is another method to use over market cap.
-Market value of derivatives $12.4 trillion
-House hold wealth globally $463 trillion
-Commercial real estate $33 trillion
-Residential real estate $259 trillion
-Global debt $300 trillion
-Global money supply M1 $48.9 trillion M1 includes currency i.e. banknotes and coins, plus overnight deposits
-Global money supply M2 $82.6 trillion M2 is a measure of the U.S. money stock that includes M1 (currency and coins held by the non-bank public, checkable deposits, and travelers' checks) plus savings deposits (including money market deposit accounts), small time deposits under $100,000, and shares in retail money market mutual funds.
-Global Equities $95.9 trillion
-Central Bank Assets $28.0 trillion Fed, BoJ, Bank of China, and Eurozone only
Here we come to the end, where you should now understand even purchasing $1 dollar of Bitcoin can equal a range of multiples more than 10x of market cap pressure if you're measuring it in market cap.
What can we use besides market cap to find Bitcoins value? we can't it has not been created yet.
Further points, sovereign states who purchase Bitcoin and have no plan to make them available to the public market like El Salvador that's another multiples of leverage on top of the original purchase, and unlike derivatives this leverage can be held infinitely just how central banks store Gold bars infinitely.
Still wondering what this is implying after that long explanation?
For Bitcoin to get near a $100 trillion dollar market cap giving it a price of $4,800,000 per coin you could pull this off with less than $10 trillion of real fiat injecting into the Bitcoin economy if 21,000,000 coins are openly traded.
Some factors that will be unknown due to the nature of statistics
- how many coins are truly lost?
- how much fiat will central banks print?
- how many users will be on layer 2s like the lightning network?
-----------------------------------------------------------------------------------
This is why the Bitcoin exchange supply is acting abnormal and its starting to really decrease due to institutions, banks, funds all allocating behind the scenes regardless if Bitcoin goes to $5,000, $10,000 anything under $100,000 is cheap.
Fidelity investments one of the largest funds in the world notices this trend and they have made their decision.
What are pathways institutions are taking to capture this wealth?
- Cold storage.
- Long-Term Equity Anticipation Securities (LEAPS) call options that expire longer than 1 year.
- Avoid futures ETF's or any futures product that does not use underlying Bitcoin, these decay and have management fee's and will greatly reduce your profit. (I found this ETF that tracks Bitcoins price?) forget it don't touch it.
Bitcoin cycles will eventually became a thing of the past once adoption reached maximum velocity, lets enjoy the time we have with it now and respect it till its gone.
Better call Doc Brown when Bitcoin starts to move you're gonna see some serious s***
Bitcoin Cyrcle PredictionShow me your past and i will show you the future.
Bitcoin is back again and is looking forward to the Halving Dates next Year.
In this chart you can see how many days we need from the Top to find the bottom and
how many day we have to invest until Bitcoin skyrockets again.
Enjoy
Bitcoin -> Consolidation Before PumpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Bitcoin is about to retest an extremely strong previous weekly support zone which is now turned resistance exactly at the $32,000 area.
You can also see that Bitcoin just recently created and confirmed an inverted head and shoulders so I am now just waiting for a retest of the $32,000 resistance and then a retracement back to retest the neckline of the inverted head and shoulders at the $25,000 level.
On the daily timeframe you can see that Bitcoin has been trading in an accumulation range for the past couple of days, I am now just waiting for a break above the upper resistance followed by a retest before I then do expect the next pump towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Bluesky Digital Assets Mega Return PotentialHello friends,
I don't use this platform anymore, but I figured for those still following me, I'd throw this out there as a friendly and helpful tidbit.
Bluesky Digital Assets focuses on the hot AI sector, and could touch 2.9 CAD as Bitcoin goes to 110-112K+ this year.
Enjoy!
BITCOIN | MAJOR TREND SHIFTBITCOIN is showing some major moves since the start of this year 2023. Is this the year of BTC where we witness new highs in making??
On daily tf, the major trend indicator 100DEMA indicates the shift in trend when #BTC breaks above it on 12th Jan.
However some key levels for btc is yet to break. $25500 is the first hurdle for BTC to continue its upward journey. We need a remarkable closing with good volume above this level to consider an uptrend.
If BTC successfuly manage to break above the said level then we can witness 32500$ and 37000$ very quick without major correction.
Let me know in comments what do you think of the idea
Bitcoin's future with GDP day: Will the bulls or bears dominate?Bitcoin Performed both upside an downside sweep and now its trying to make its main move.
with the 3 leg strategy this should be a pump- lots of bull signs which I talked about in video
I also talked about my own bearish bias and why I think this is a jebait
Lots of liquidation cluster to the downside.
The Big H&S that Ive mentioned in 2 previous video is still in play
Thanks for watching
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