Bitcoinpump
Bitcoin 9.28% Long Opportunity>The daily chart revealed the presence of Demand and Supply zones, as depicted in the image.
>I verified my analysis by utilizing the Search Volume Profile for a fixed range, which confirmed that a particular level aligned with my identified supply zone.
>Furthermore, I found that this supply zone coincided with the 61% golden ratio zone of the Fibonacci sequence.
cheers!
"May's Bitcoin Options: Deep Insights & Strategy 🎯"Fellow traders, let's delve deeper into our Bitcoin options analysis, which includes option clusters, max pain price points, oversold and overbought territories, and weekly biases. According to the chart, the $28,000-$29,000 zone appears to be a prime opportunity to buy BTC throughout the month, capitalizing on dips within the equilibrium zone.
Targeting the weekly oversold zones at $30,000-$31,000 seems fitting, and for those who want to aim higher, the monthly oversold territory at $32,000 is also worth considering. To manage positions effectively, consider taking half profits off the table once the price reaches these targets and move your stop loss to breakeven. This approach allows for the possibility of the monthly options market paranoia cluster playing out, keeping your strategy flexible and adaptable.
Stay ahead in the ever-evolving Bitcoin market with these deeper insights and strategic trading tips.
Disclaimer: This analysis is for informational purposes only and should not be taken as financial advice. Always do your own research and consult with a financial professional before making any investment decisions.
Bitcoin Explosion imminent!? Mini-Bull Market Watch!The bull markets of 2011 and 2019, which developed in early Crypto Spring, produced an explosive move to the upside heading into the second quarter of the year. In this video we briefly take a look at these moves and other possible scenarios. The "pillars " drawn here in ever Crypto Spring run from April 1st to October 1st on the horizontal axes and 50% above the future halving price on the vertical axes. If bitcoin follows this same pattern we will see an explosive move up to the future halving price in the 2nd quarter followed by a dump back below the future halving price in the 3rd quarter.
What are your thoughts? Let us know in the comments below.
ETH Bullish Retest?KUCOIN:ETHUSDT
Looking for bullish ETH retest in yellow zone.
Always wait for entry trigger confirmation which could be a candlestick pattern or formation.
Upside targets marked.
Failing, look for entry-trigger for short to 1350 level as initial play.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
BITCOIN Massive Move!BYBIT:BTCUSDT.P
BTC has been consolidating for almost 3 weeks in a possible ascending triangle.
On the breakdown of the ascending triangle look for Long entries at the 25200 zone as a textbook pullback.
Many buyers will be lurking here, but wait for the confirmation of buyers stepping in via a bullish trigger - hammer candlestick or engulfing or combination.
On breakout of ascending triangle one could possibly look to go long with upside targets marked to $38k zone.
Set your alerts and don't predict but be prepared for the move once Bitcoin shows it's hand.
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
🏆🖨️💰 When the Champions of Inflation hate Bitcoin 🌴 ₿🌴👨🏽🦳💪 Dan Peña has made a name for himself as a successful entrepreneur, investor, and business coach. However, he has also been a controversial figure, with some of his opinions and actions drawing criticism.
🌴 ₿🌴 One example is his stance on Bitcoin, which he has publicly stated will go to zero.
While many experts and investors believe that Bitcoin has the potential to revolutionize the financial industry, Peña has been highly critical of the cryptocurrency. He may not fully understand or appreciate the unique features of Bitcoin, such as its deflationary nature nor does he seem able (or willing) to navigate a rapidly changing economic landscape.
🏆Now let's dive into how this 'CHAMPION OF INFLATION' has created his legacy:
🥁Dan Peña has created jobs and achieved great success through his bold and unconventional approach to business. However, his success has not come without consequences, and I tend to think that Peña's activities have contributed to both inflation and environmental degradation.
🏗️🏢🌇🏢🏭
One of the ways the many Peñas has contributed to inflation is through investments in the real estate market.
By investing in properties and then selling them at higher prices, Peña has been able to generate significant profits. However, this has also led to higher property values, which can make it more difficult for middle-class families to afford homes. In turn, this can lead to inflation as the cost of housing and other goods and services rise. I think you should agree....
🏦🏧🖨️💸💰💰💰💰💰💸
Dan Peña is the GURU of loans. A true LEGEND in borrowing.
A Legendary contributor to Printing and Inflation. Could had been nominated for the 'Federal reserve Client of the year' award.
☞Hear it from the man himself: www.youtube.com
🤦 Simple: Loans means printing = Inflation (on steroids....)
⛽🛢️🏭🚢☢️☠️
Peña's activities in the oil and gas industry have also been a source of concern. While his company, Great Western Resources, was successful in producing oil and gas, it also contributed to pollution and environmental degradation. Oil and gas production is a known source of greenhouse gas emissions and air pollution, and it can also have negative impacts on local ecosystems and wildlife. He doesn't seem like the 'Go green guy' to me (probably still drives Diesel).
🆗👍
While Peña's success in business cannot be denied, it is important to recognize that his activities have had real-world impacts on Inflation and the environment .
As such, it is crucial that we consider the long-term consequences of business activities and work to minimize any negative impacts. By doing so, we can create a more sustainable and equitable economy that benefits everyone.
In conclusion, Dan Peña's success in business has come at a cost, and he can be seen as a case of ''Inflation impersonated'' and environmental impact.
While we should celebrate the achievements of successful entrepreneurs, we must also hold them accountable for their actions and ensure that their activities do not harm society or the planet.
🏆👨🏽🦳💪
Dan Peña, I hereby honor you with the Title of '🏆CHAMPION OF INFLATION🏆.
May you have only great days forth and may your children and grandchildren understand and fix any damage that you have caused to the Economy and the world. For sure you been buying Bitcoin lately despite what you say.
One Love,
The FXPROFESSOR
ps. It is important to note that Peña's activities in the oil and gas industry may have also had positive economic impacts, such as creating jobs and generating revenue. However, it is crucial to balance these benefits against the potential negative impacts, such as pollution and inflation, and to implement policies and regulations to mitigate any negative consequences. As we navigate a rapidly changing economic landscape, it is important to remain informed, open-minded, and committed to building a more sustainable and equitable future for all.
Bitcoin Immediate short term ⚠️UPDATEWhat are the reasons for the recent decline in the value of Bitcoin?
In both Timeframes 1W and 1W BTC printed a Bearish Divergence
Bitcoin has been moving sideways for the past 33 hours, while altcoins have been bleeding hard.
What's next ?
Bitcoin's current major resistance level is $22800, and if it loses its current support level, the next target will be $21.5k.
If breaking 22.8k resistance i am expecting BTC to bounce to 24.1k. And 27k, only if daily closing above 25.3k
That was the reason why btc was dumping hard recently.
Note: Predictions and chart analysis made more accurate when jumping into a higher timeframes.
⚠️ Not a financial advice.
Happy trading ❤️
Follow me on Quora for daily updates
Flor Bejleri
Might this overshooting rally be a Wave B in an Expanded Flat?Wondering if this amazing push up Bitcoin made today might not be characterized as an overshooting wave B within an Expanded (Irregular) Flat correction.
We will know pretty soon and this idea will become old in 3,2,1...
Anyway, for the sake of fun and TA, here it is.
btc go down a few days so be care full dear tradersThis trading week’s economic and financial data will be crucial to crypto investors.
Lagarde and Powell to share their latest assessments of the economic and monetary policy situation on Tuesday.
Last week, the crypto market looked slightly bullish until the US Fed reserve announced its interest rate decision. The announcement of the rate increase by 75 basis points by the US Fed reserve caused huge trading volatility, as is usually the case. The rate increase also resulted in sell-offs in the traditional market.
However, the US Dollar Index (DXY) kept rising, hitting a 12-month high of 113.22. By the weekend, most US stock indices have dropped about five percentage points, almost hitting their June 2022 lows. Ethereum and most other altcoins also dropped prices, as in the traditional market.
The good news is that the price of the leading digital asset (Bitcoin, BTC) only dropped by a small amount. Initially, the Bitcoin price dropped to $18,153. However, it recovered and moved opposite the Dow Jones index (DOW30). It is remarkable that the highly volatile crypto and the US tech stock market, NASDAQ, weren’t hugely affected by the fed’s rate increase. Hence, investors may still regard Bitcoin as a store of value. However, in the coming weeks, Bitcoin’s price action will confirm this perspective.
ECB President and US Fed chair to release new statements
On Tuesday, September 27, 2022, Christine Largade (the European Central Bank, ECB President) and Jerome Powell (US Fed chief) will share their insights regarding the current monetary and economic policy situation. The insights from these two will be crucial as they will determine whether the EU, the US, or both are shifting their stance regarding interest rate policy.
Any announcement of a change in monetary and economic policies by either or both of these financial watchdogs to curb rising inflation will impact the financial markets (crypto and stock market). Another crucial data affecting the financial markets this week is the incoming orders for durable goods.
The US census bureau will publish this data by 2.30 pm (CET) on Tuesday, September 27, 2022. This data indicates the rise or decrease in the demand for industrial goods this past month. Analysts predict a reduction of 0.5 percentage points. Orders for durable goods dropped by 0.1 percent in July 2022.
It is important to note that each time data for the durable goods orders is higher than predicted, the US Dollar usually tends to be bullish. Conversely, when this data is lower than analysts’ prediction, the US Dollar usually drops, even if it is for a short period. Recently, a weakening US Dollar resulted in a surge in the price of Bitcoin and other cryptocurrencies.
Meanwhile, crypto market sentiment remains in “extreme fear” for over a week. As of September 26, the average crypto market sentiment measure, the Crypto Fear & Greed Index, is at 21, with 25 being the limit for extreme fear. However, the crypto analytics firm, Santiment, noted that Bitcoin’s social dominance had reached a new peak in two months. Santiment further notes that this renewed interest could positively impact crypto’s top asset
BITCOIN SHOWS BULLISH SIGNALS !Hi lads.
In my previous analysis i talked about bitcoin mid term bullish scenario and said 19.3k - 19.8k is a very important support area. Untill now, we have seen strength in bitcoin and we saw buyers were active at 19.3-197k area.
Also, SPX500 showed some strong come backs in last hours before the markets get closed. And with strong probability, SPX500 might start the new week with some bullish moves too. With that being said, We can expect bitcoin would go and touch higher levels in the coming week. Another important reason that i think btc will pump other than technical analysis and indicators, is that a lot of people and retail traders are short and bearish on bitcoin. This is where whales and market makers will go against the peoples wishes.
Also,targets for bullish move are shown in the chart and you can see everything in the chart.
Dont forget to like my idea and also follow me cuz it helps me a lot :)
Cheers.
BITCOIN BIG DUMP !! WHAT IS NEXT ??Hi lads. So i have talking about a bullish scenario about bitcoin since last week. as you saw, the price jumped from 18.5k to 22.8k.
Today we had CPI monthly update, the released monthly CPI rate was 8.3%. while the expectation was 8.1%. which means 0.2% higher than expected . So because of that the whole market crashed.
SPX500, NASDAQ AND ALSO BTC started dumping after the release date.
So, what about now ?? what will happen to bitcoin ?
I think the whole scenario is bullish still. I think as soon as this correction ends, we will go higher and bitcoin will rise again. Also i think the current correction could end some where at 19.6k - 20.2k levels. and after that we can go higher in multiple waves.
I will update this scenario. So dont forget to follow me and also like this idea.
cheers
Bitcoin important level, follow the Dollar Index.13:10UTC FOMCSubscribe and get a free Bitcoin and Ethereum trading strategy every day
Today I expect increased volatility in the market at 13:10 UTC Powell FOMC speaks, as always the work of great manipulators may be the S&P 500 index showed a little buying power yesterday, but you should not relax, I also recommend working from a small risk. Now we will discuss with you an important level in bitcoin. And so today also consider both scenarios for both bulls and bears.
Bulls
For a local upward exit, Bitcoin needs to consolidate above the 19550 zone and trade there, the main local resistance level is 19400, but I don’t want to take a short position from it. Expect the result of Powell's performance at 13:10UTC
Bears
Today, after Powell's speech, anything can happen, a sharp drop in volumes with confirmation on TF 1H will give me a signal to trade SHORT positions on the breakdown of the local loy.
Such a scenario for today, stick to your theory, have a short stop order. Good luck
Dollar index is up,SPX (S & P500) drooled, BTC goes the bottomGood afternoon, if you read my ideas on Bitcoin that I wrote the day before, you were aware of the risk when taking care of the local Low, we still went beyond the level of $19520, from where it was possible to trade the breakdown of the level. Now we will consider options for a bullish and bearish way out of this situation. The Relative Strength Index is in strong oversold condition and is drawing a divergence on the 1H timeframe.
Bulls
For a local upward scenario, it is necessary to consolidate and trade above the level of $18745, from where it is necessary to go to the level of 19714 and fix above it. At the moment, not a bad level for opening a long position with a very short stop order, after fixing above the level of $18745.
The Bears
Everything is very simple here, if the S&P 500 index surrenders its level of 3875-3900 and tests from below, Bitcoin will fall and altcoins will fall by 10-100X, the bottom will already be counted as Bitcoin falls.
We are now in a difficult moment for global markets, and even more so for the cryptocurrency market, follow SPX, you have trading scenarios. Good luck
BTCUSDT - pump to 31500$ and dump to 23k$now we have run into a trend line, I expect a rebound from it to collect longists and growth on volumes, which will indicate a strong reversal and the emergence of a bullish movement, but this will be a trap and we will begin to decline strongly on May 30 - the beginning of summer, to 23 thousand dollars.my analysis without fanfare, using the numbers provided by manipulators and big players. The language of numbers, I also used a unique degree system and a system of arcs, you can see more ideas on BTC where the analysis was built from in my other ideas on tradinview. the strategy is this, now I am taking a large long position with the target of 31,500, and after that I will take a large short position from this zone with the target of $23,000, fixing will occur with limits.
btc, xrp, luna, eth, nft
BITCOIN NEEDS TO MAKE A DECISION RELATIVLY SOONI have outlined to potential situation son the graph here.
1) you can see we have been held up by this lower uptraining zone of support for a few months now. It looks like we are currently finding support at it yet again.
2) Im very cautious of this green uptrending zone as we have tested it many many times over the past few months. The more you test support/resistance the higher the likelihood you will break it.
3) If we break bearish from this uptrending zone our next stop will likely be in the range of 28-32k, down where the lower green box is.
4) We have rejected from the 200 daily moving average back into support.
5) as of right now we are technically in an uptrend on bitcoin, setting higher highs and lows, however the volatility isn't enough for the price action to make a decision. The pattern bitcoin is forming on the daily is typically a bearish continuation pattern in most markets but as we have seen in the past bitcoin will sometimes break bullish out of bearish patterns like this, reasons unbeknown to me.
6) If we do break the red zone of resistance above us, as well as the previous high we just set, we could very well see a move to the 52k region.
7) This is not financial advice and always do your own research before entering the market.