Bitcoinprice
Bitcoin Update: Crucial Insights Before Fed Rate Cut DecisionI've got some important updates for you. We're closely watching Bitcoin, and things are looking bearish right now. There's support around $56,700; ideally, we'd like to see it held there for a few days. If that doesn't happen, the next support level to watch is $54,000.
Now, the big news is about the Fed's decision on interest rates this Wednesday. It's difficult to predict the market's direction at the moment, as everything hinges on that rate cut. Until the Fed makes its move, the market's reaction remains uncertain.
According to the FedWatch Tool, there are two possible outcomes for the rate cut, with odds provided by the CME Watch Tool as of Monday. There's a 33% chance of a 0.25% rate cut, while a 67% chance points to a 0.5% cut. As of now, it seems the market is leaning towards a 0.5% cut, but we’ll know for sure on Wednesday.
For my part, I'm taking a cautious approach and sitting on the sidelines until we see how the market reacts after the Fed's decision. This isn't financial advice, just sharing my strategy. If you have any questions, feel free to leave them in the comments, and don’t forget to hit that like button!
CME Watch Tool www.cmegroup.com
Bitcoin potentially to $48k regionBitcoin is currently inching towards to 70% levels of the Fibonacci retracement level. With that in mind, there is a high proability that we visit the 78% level as well. The Yellow box represents these levels.
Price is also currently below the 20MA, 50MA & 200MA. There is currently $974 Million long liquidation orders if price reaches $48,500 level. This is very intensing for market makers to push price lower.
On the flip side there are Billions on the 30 day liquidation chart if Price pushes back into the $60k region.
BTC/USD 4H Short Trade Setup: Anticipating a Momentum ShiftThe trade seems to be based on a potential rejection or weakness in the current price action, with targets likely set to take advantage of a downward movhart setup:
Analysis:
1. Entry Point: The trade might have been triggered around the current price level, where the market shows signs of stalling or reversing.
2. Stop-Loss: Placing the stop-loss above the recent highs ensures protection against a false breakout or unexpected upward movement.
3. Take-Profit: The take-profit targets could be set at key support levels or based on Fibonacci retracement levels, considering the recent price action.
4. Risk Management: As always, managing risk properly is crucial, so partial profits can be taken along the way, and stop-loss levels can be adjusted to secure gains if the price moves in your favor.
5. Market Conditions: We may stay in a range before the anticipated move happens. This is going to be a short trade, aimed at catching some momentum for the start of the week. I might close it early depending on how the momentum develops, so it’s important to stay flexible and adapt to the market conditions.
This trade anticipates a possible range-bound movement before a momentum-driven shift occurs. Given the nature of the setup, it may be a brief trade aimed at capturing the initial momentum of the week. The position might be closed early, depending on how the momentum unfolds. Stay vigilant and be ready to adjust based on market conditions.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Bitcoin Breaks $60k: How Rising Global Liquidity is Fueling the Good Morning Crypto Friends and Investors,
It's an exciting time in the market—Bitcoin (BTC) is back over $60k and has successfully reclaimed the 200-day EMA. The price is following the bar pattern we discussed last time, maintaining a steady trajectory for continued upward momentum through the end of the year, especially with global liquidity levels on the rise, as illustrated in the chart below.
The global liquidity trend is visible on both daily and weekly charts, with indicators like the Hull Suite, Donchian, and the Rate of Change (ROC) all trending upward.
What Typically Happens When Global Liquidity Rises?
Historically, when global liquidity rises, it often sparks upward trends in financial markets, particularly in assets such as stocks, commodities, and real estate. Increased liquidity means more capital is available, and central banks or financial institutions may inject funds into the economy, often by lowering interest rates or implementing quantitative easing (QE).
Key Market Trends Associated with Rising Liquidity:
- Asset Price Inflation : As liquidity increases, investors typically move capital into higher-yielding assets such as stocks, cryptocurrencies, or real estate. This capital influx drives up the prices of these assets, sometimes creating asset bubbles.
- Lower Interest Rates: Central banks may lower interest rates to stimulate economic activity, making borrowing cheaper for businesses and consumers. Lower rates also make bonds and other fixed-income assets less attractive, pushing investors toward riskier assets like equities. Globally, this trend is already in motion, and it's anticipated that on September 18th, the U.S. Central Bank will follow suit with a rate cut, expected to fall between 475-525 basis points (bps).
- Weakening of Currency Value : With more money circulating, currencies can weaken, particularly during aggressive QE periods. As currency values decline, inflation may rise, reducing your purchasing power. I highly recommend reading my article, "Why You Need to Invest," or watching my corresponding YouTube video for more information. Remember, when fiat currencies lose value, hard assets like real estate, Bitcoin, and gold tend to increase in value, so it's wise to plan accordingly.
- Increased Risk Appetite: Rising liquidity and falling interest rates encourage investors to take on more risk, driving up stock market valuations at a rapid pace. If you're looking to capitalize on this risk appetite, platforms like Robinhood and ByBit offer margin accounts that allow you to borrow within your investment portfolio, increasing your exposure to both growth and potential loss. Be cautious when using margin or leverage, as global liquidity is cyclical. Eventually, QE will give way to quantitative tightening (QT), and you could risk losing your gains.
- Commodities Rally: Commodities, such as oil, precious metals, and even Bitcoin, often rise in response to increased liquidity. Investors view these as a hedge against currency devaluation and inflation. Bitcoin, with its dual role as both a commodity and a tech-like asset, tends to perform well in both risk-on and risk-off environments. In my opinion, having some Bitcoin in your portfolio is always a good strategy.
Risk Update:
I'll be honest—during the last cycle, I convinced too many people to invest in cryptocurrency and Bitcoin because I, like many others, believed in the supercycle theory and anticipated even higher prices. This time around, I’m taking a more measured approach. As long as prices and indicators support a bullish case, I’ll continue to advise my friends and followers accordingly. However, as we approach the market’s peak, I will be sharing strategies for taking profits. You can read more in my article, "A Strategic Approach to Bitcoin," (substack.com) or watch my YouTube video, “Bitcoin's Next Big Move: My Strategy Revealed!” I’ll revisit this topic when it's more immediately relevant, but for now, fear and greed indices remain borderline fearful—this is the time to buy. A few months from now, the risks will be higher, and potential gains will be smaller.
Indicator Update:
Risk Level: Zero (Bullish)
Puell Multiple: 1 (Bullish)
Mayer Multiple: 2 (Bullish)
Bollinger Bands % (BB%): 0.35 (Bullish)
Hash Ribbon: Still trending higher (Bullish)
In Summary:
Global liquidity is on the rise, rate cuts are looming, and historically, these factors lead to significant earnings potential. Don’t wait for the FOMO to set in—our indicators and projections are tracking well, and there's substantial profit to be made if you act according to your risk tolerance and financial plan. Always consult with your financial advisor before making any investment decisions, and discuss your strategy to see what aligns best with your long-term goals.
Godspeed, and good fortune.
--Complete article found here: substack.com --
For more insights, please visit my webpage at linker.ee/pcalzolaio. I look forward to sharing this journey with you all.
#FIRE #FREEDOM #BITCOIN
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Always conduct your own research before making any investment decisions.
BTCUSD - BULLISH.Bitcoin looks interesting (well at least to me). It seems that it is ready to go in a bullish run. Waiting for opportunity to go bullish once price pullback to the 58,800 area. Immediate target is around 61,200 area and larger target is around 65,000.
Like and follow if you agree with this idea. Happy profit day!
Bitcoin Zip LineI’ve been tracking the course of bitcoin for the last 5 years. I think we are in for some major volatility soon!
Scenario 1:
The bitcoin price will rally as elections are heating up, and more people are sponsoring bitcoin and other meme coins in this period, in addition the tension in the Middle East . Consequently, the US market seems to have some underlying affect on the price of bitcoin. It is connected to the dollar. De-dollarization is a reality. But, you can’t back out on currency yet, too many people would be affected. People presently and people how will. So I expect the fed to cut rates hard, and quickly, without a doubt saving the economic bubble waiting to pop soon. Leading to a red swan event. No I did not say black. Red swan would be a global market chain reaction.
Bitcoin would break upward toward the resistance area $68,387- 69,000which has been building since November 10th, 2020.
If that occurs bitcoin could fall and complete a long striking falling wedge buying opportunity with a target of $42,000 and a liquidity pool around $37,600. Bitcoin could continue with selling pressure, or the big institutions will buy back bitcoin leading to an all time high price in a parabolic move toward $79,000, $100k, 150k, and $200k. Why so high? In short summary banks, coin IPO’s, Mining Harvests, Ripple, and AI
This would be the greatest buy opportunity for either any retail trader or institutional investors. Maybe even private owned firms, government agencies, and owners of any equity.
Scenario 2: A test of the $68’387-$69,000 area and a breakout to $73,000 could lead the price to $79,000. If this price is reached, bitcoin will either decide to test shaky hands and liquidate. As a matter of fact, new hands coming in, can squeeze toward $90,000 above 100k before deciding a true bullish path. Same rules apply on the buy opportunity. This would be parabolic as well which would make $42,000 the main support zone in a long term situation drawback.
This is just a prediction, good luck ;)
BTC Swing Short then LongHere's an idea nobody are talking about but it is one that is to be considered. If BTC were to follow these 2 trendline, i'll be wanting to accumulate in the golden ratio zone 28-30K before the real bounce up to 85K++. I hope this opportunity do come which flushes out short term investors and invites new long term investors to come in at 30K. Timeline for this might be 12-18 months since i've charted this using the monthly chart.
Inflation Increases 2.5%, Setting Scene for Rate CutMarket Update, September 13th 2024
Takeaways
Inflation stays under control: The Consumer Price Index increased 2.5% in August compared to the previous year, down from the 2.9% bump in July. The latest data indicates the Federal Reserve will likely cut interest rates by 25 basis points next week.
Bankrupt crypto exchange FTX has reached a $14 million settlement with Emergent Technologies, resolving a dispute over 55 million Robinhood shares: The agreement avoids further legal action and allows Emergent to finalize its bankruptcy proceedings.
US spot bitcoin ETFs have seen a streak of daily net outflows, with nearly $1.2 billion withdrawn in just eight days: The downturn coincides with broader market volatility.
The North Carolina Senate has passed a bill prohibiting state participation in any Federal Reserve-sponsored CBDC testing: The bill bans payments to the state using a CBDC. It passed despite a veto by Governor Roy Cooper.
🕰️ Topic of the Week: Understanding Interest Rates
🫱 Read more here
BITCOIN BLUEPRINT 2.0 - MACRO MATRIXThis is a refined / updated version of my old 'BITCOIN BLUEPRINT' Macro Matrix.
I struggle with finding the right display format for the charts on publishing tradingview ideas. Here is the chart organised so everything is visible.
We are now seeing bitcoin story develop from its negative bias, into a positive one. ETFs have now been approved, aswell as other crypto ETFs. We are 150days post halvening, coming to a potential end for this period and start to move up into the upper Powerlaw band (Red).
The important note is to realise we have 365days+ of Bull Run ahead of us. Anywhere around Mid Sept 2025 could potentially signal a Peak in Price, which precedes approx 1year in declining price actin (Bear Drop).
All time highs & Lows by Cycle:
CYCLE 1: Bull High = $31.50 / Bear Low = $1.85
CYCLE 2 : Bull High = $1140 / Bear Low = $145.5
CYCLE 3 : Bull high = $19170 / Bear Low = $3148
CYCLE 4 : Bull high = $68944 / Bear Low = $15495
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Potential Forecasted Targets:
CYCLE 5 :
Bull High = $300000 - $325000
Bear Low = $58000 - $65000
CYCLE 6:
Bull High = $1000000 - 1150000
Bear Low = $300000 - $325000
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*Note - This is not financial advice, just finding from my own analysis work. The future targets based on forcasts will become more clear once previous cycles have completed. Therefore its best to focus on the next cycle, rather than jumping ahead one cycle. Seeing MIL:1M in CYCLE 6 is exciting!
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CONTEXT:
As noted prior - we are seeing dveelopments in the BTC space. Most notably, the programability of BTC. With projects such as Fractal Bitcoin, TAPROOT, RUNES, BRC20, CAT20, OPNET, OPCAT and many many others paves the way for a fresh narrative other than digital gold.
Bitcoin Daily TargetHere is the daily target to reach for BTC. I expect a possible range with a fake pump to let retails to long. Then, we will probably see a drop until the $57.200 area, where there is enough liquidity for Bitcoin. This is a magnet level, and I will DCA a short entry with an easy invalidation above $59.500
Is this a 3 Month higher low shaping?Considering the history of this chart after 2017, there has been only four swing patterns called higher low.
Is 49,050 the fifth?
I will be monitoring this pattern using lower time frames to find clues.
Using this 3M timeframe, we can only expect price to remain above this low swingpoint (49,050) for the rest of the year.
Prices below the current session low would negate this idea. If broken, the fast ema can potentially act as support.
BTC Bitcoin Chart PredictionIf you haven`t sold the BTC top:
Now you need to know that the summer decline in Bitcoin's price, despite multiple ETF filings, can largely be attributed to the massive selling pressure from several key sources like Mt. Gox, Silk Road, FTX, and Germany.
This influx of supply overwhelmed the market, and there simply wasn't enough demand to absorb it.
I think that the purpose of these ETFs is likely to stabilize Bitcoin rather than drive its price up dramatically. They're designed to bring more legitimacy and structure to the market.
As for the technical outlook, the current formation of a falling wedge could indicate a short-term price increase. However, the expected retracement suggests that any near-term rally might be temporary.
Longer term, I think Bitcoin has the potential to break higher, especially with more regulatory clarity and broader adoption. Reaching $80K by the end of the year seems possible, but a lot will depend on macroeconomic factors and the broader risk appetite in the crypto space.
Stablecoin liquidity is king - Bitcoin bullish thesisAn increase in stablecoin market cap often signals more money entering the crypto space, indicating bullish sentiment as investors prepare to deploy capital. This increased liquidity can lead to smoother trading and attract more participants, potentially driving up Bitcoin's price.
The chart clearly illustrates this relationship:
• Blue line (USDT+USDC+DAI market cap) shows steady growth
• Orange line (Bitcoin price) follows with more volatile increases
This correlation can serve as a leading indicator for Bitcoin price movements. During downturns, investors might sell Bitcoin for stablecoins, but as sentiment shifts, this "dry powder" can quickly flow back, driving Bitcoin's price up.
According to my views on the stablecoin liquidity, the Bitcoin price should target the $72k level.
Let me know your thoughts!
BITSTAMP:BTCUSD CRYPTOCAP:USDT CRYPTOCAP:BTC
Bitcoin BTCUSDT Long Opportunity when Breaks Through 58000Signal:
Green on 1st Ribbon
Green on Background Ribbons
Bitcoin may have found strong support, High Probability for a good Long Opportunity if it breaks through 58000 - a valid breakout
Target-1: 63500
Stop-Loss: 56300
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.
BTCUSDT: IDEA THAT MIGHT RESONATE SOONHello All,
Welcome to the quick update of BTCUSDT . We have seen BTC touch the levels of $ 52500 and retrace a bit until $ 58000 but couldn't hold it.
We can see it dumping and is currently trading around $56100.
The next levels to watch out for are $54700 and $53800 . If this holds, we can see BTC pump again and might make a new high in a few months.
Support levels: $54700. $53900, $49600 in the long run.
Resistance levels: $58027, $61100, $64000, and $72000 in the long run.
Let's wait and see how this pans out. Until then, stay tuned and trade with caution, ensuring strict STOPLOSSES !!
This is not financial advice, please do your research before investing, as we are not responsible for any of your losses or profits.
Please like, share, and comment on this idea if you liked it.
ScramblerG is always there to help and trade with caution but DYOR.
BTC may move upSupport and Resistance Levels:
One-Hour Support: The blue line around 57456 indicates a support level where the price might bounce back up. beware of stop hunt til 55550
One-Hour Resistance: The blue line around 56340 indicates a resistance level where the price might face selling pressure.
Four-Hour Support: The purple line around 55550 indicates a stronger support level where the price might find significant buying interest.