Bitcoin on BUYING Pole PositionWhat do Bitcoin's defenders say?
Some of Bitcoin's most ardent defenders have tried to paint Bitcoin as green as possible.
The Bitcoin Mining Council was created earlier this year to “promote transparency” about the industry. The Council shared a presentation in July that claimed 56% of the electricity behind the crypto came from sustainable sources.
Fed Meets Market Expectations With 75 Basis Point Rate Hike, Bitcoin Jumps 5%
The Federal Reserve delivered an interest rate hike of 75 basis point today, lifting the target range of its benchmark interest rate to between 2.25% and 2.5%.
The move met the expectations of analysts, who predicted the Fed would lift interest rates by 75 basis points this month. Less than a week ago, the European Central Bank shocked investors as it raised interest rates for the first time in 11 years, delivering a larger-than-expected rate hike of 50 basis points.
Ahead of today’s meeting where the Fed made its announcement, both crypto and the stock market saw some relief. Major stock indexes were up, including the S&P 500 (1.39%) and the tech-heavy Nasdaq (2.48%), along with the Dow Jones Industrial Average (0.3%), as today’s meeting began, according to Nasdaq.
Bitoins
BTC UPDATE 29/06/202 || #btc #crypto BTC UPDATE 29/06/202 || #btc #crypto
btc update is if the btc restest the zone of 20K and got rejected then it will restest the zone of 17K-18K and if the got true break out then it will go and touch it next resistance which is 23K-24K
so lets see what is happing in coming time
but this is technical analysis
BTC/ USDT .THIS ANALYSIS IS NOT FOR HOLDINGBTC in 2H time frame its in this patterns this is not for holding or long term, just wait for the confirmation to make it short or long and take advantage of the market movement for short time
Set your entry and stop loss correctly
I do trading based on patterns and breakouts so just be patience for it to enter for short position or long
P.s. Today BTC is moving between 44000 and 42750
I do not care if BTC is 10,000 or 100,000 I will just trade it and take profit from market movement
ONCE AGAIN THIS IS NOT FOR HOLD OR LONG TERM
THIS IS NOT FINANCIAL ADVICE ITS JUST MY PERSONAL OPINION
Simple patternsHi everyone.
As you know, There are 3 orders of simple patterns of waves, also, there are 13 variations of simple patterns: impulse, ending diagonal, leading diagonal, zigzag, double zigzag, triple zigzag, regular flat, expanded flat, running flat, contracting triangle, descending triangle, ascending triangle and expanding triangle.
Zigzag (5-3-5)
A single zigzag is a simple three-wave declining pattern labeled ABC
Fibonacci ratio:
Wave B = 50%, 61.8%, 76.4% or 85.4% of wave A
Wave C = 61.8%, 100%, 123.6% or 161.8% of wave A
Double zigzag
Subdivision: 3 waves (3-3-3)
Fibonacci ratio:
Wave X= 38.2% or 50% of wave W
Wave Y= 61.8%, 100%, 127.2% or 161.8% of wave W
Triple zigzag
Subdivision: 5 waves (3-3-3-3-3)
Fibonacci ratio:
Wave X= 38.2% or 50% of wave W
Wave Y= 61.8%, 100%, 127.2% or 161.8% of wave W
Wave Z= 61.8%, 100%, 127.2% or 161.8% of wave Y
Double Your Investment Ideas : EPS/USDtEPS are currently standing at the point where it can be bounce anytime and we could make at least 2x return ...
DISCLAIMER : Invest with Safety and Risk Management . Invest with D.C.A ( Dollar Cost Averaging ) strategy so you Make better returns with Minimize Risk.
Learn D.C.A if you are not aware about it.
Good Luck !
BTC-USDT, Repeating a previous pattern? Bitcoin is going up in an uptrend pattern in which has hit the support of this channel three times.
Each time the RSI is around 35-37. Furthermore, after reaching this point on the channel and on RSI, bitcoin experienced 60-70% increase.
This time, 60% increase means we are going to reach 74K very soon.
In the past three posts, I have analyzed Bitcoin in three different ways, and all of them are supporting each other, and the target of around 75K.
Let's see what will happen.
BTC buying opportunityLooking at just simple price action I see 2 indecisive candles with a (potential) hanging man candle inbetween.
I suspect BTC will be having a bit of trouble holding this current support considering the low volume.
It will head back down for a breather at the stated support level which has more positive and strong history before rallying back up again for new ATH's
weekly seems rejection on ATH to sustain, correction on demand!!Technical Analysis: Bitcoin (Weekly chart)
In weekly time frame, btc could not sustain on all time Hight breakout and seems rejection
it will invalid when btc bounce from here closed ATH on daily bases otherwise we could see the dips correction around 54 to 49k. btc make an ascending tringle, if it could playout well then btc could going touch lower support within two to tree week and RSI also making bearish Divergence which may be playout right now!!
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BITO short corrective rise begins.BITO short corrective rise begins. Target price : 41.84 usd. After that I expect a significant reversal. Let's start from the beginning. The orange lines mark ATR axes. More precisely, the starting points of the ATR axes, the places where the ATR values are zero. In technical terms, we can talk about accumulation if the distance between the initial value of the ATR and the extreme value of the local price is equal in the long direction and in the short direction. In these ranges, the number of sellers and buyers are the same, hence the accumulation. This is also the case here. More precisely, the price movement of the BITO immediately turned into an accumulation movement. The yellow squares, which are equal in both directions, represent the accumulation area. I now expect a short resistance level to form from the lower accumulation level(formed by the short position builders) and an upward correction movement to develop. Up to the 50% level of the short direction accumulation area. In the present case to the level of 41.84 usd. I expect a short rise. Then a profit realization could occur and technically the decline could continue.
BITCOIN TO $203K BEFORE JANUARY As you can see on the chart, Bitcoin has finally finished its "Wick Off Check" phase. The previous resistance turned into a support, and Bitcoin may be in an ascending channel now. If you analyze past bull runs, you can notice that Bitcoin always reach the 2.272 Fibonnaci Levels before entering the Bear Market.
So if history repeats itself, Bitcoin should reach that 200k mark around January. Why ? Remember, bull runs often ends around December/January.
What do you guys think about this analyzis ? Give me your opinion down below
BTCBitcoin has gone from 29,000 to 42,000, adding 48% without any significant correction.
At the moment, a head and shoulders pattern has formed, which may well indicate the desire of sellers to push the instrument to the price of 36,000, the control point is 34,000. Decrease and holding below 34,000, again will speak of a globally short trend and the cancellation of the long idea.
I'm waiting for a rebound or a false breakout from 36.000 and 34.000
#BTCUSDT 25% Pump Incoming, $48,950 on board?Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
BTC broke out of the important resistance around 42k level and is now hitting the support level to retest and continue to the upside.
IMHO BTC if stays and maintains the 21D MA Support which is around $38,220 a rally towards upper resistance levels is highly likely.
RESISTANCE LEVELS:-
$45,388
$48,950
Support levels :
$40,300
$39,400
Conclusion:- BTC is likely to continue its uptrend, invalidation will be a daily close below $38200.
What's your thought on this?
Do hit the like button to show your support and do share this chart with your friends. Let's spread knowledge and help others to succeed.
I'll keep this chart updated time to time.
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Stay safe
#PEACE
Total Marketcap breaking out...Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.
Let's get to the chart.
The total market cap chart looks really bullish here after breaking the $1.4 Trillion resistance level.
By the end of this week if the Total market cap closes above $1.68 trillion it's highly likely we will see a rally towards $1.77 to $1.8 trillion which will eventually push the whole crypto market. Both Altcoins and Bitcoin will pump together.
This is a very important chart that only a few people who always want to stay ahead use.
The structure exactly looks like BTC at 36k level.
INVALIDATION: Weekly close below $1.41 trillion.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
BTC/USDT SHORT...BITBAY:BTCUSDT
Like I already told you. DONT LAUGH AT ME...
I mentioned that I WILL NOT DO ANYTHING :) and you laughed at me. But it is okay.
Hope we will do better now and help each other and send me a more informative criticism not just bullsh^t comments.
I am here to share these trades
I have been telling you not to do anything unless we are close to that 30K wall. We need to hold that wall and or we will fall if we don't.
The only mistake i did with you guys is I DID NOT let you make aware that we will face a huge fight of FUDs and Official news even tho it is old.
This is not Bear Market (prolonged) this is just place we need to retrace from a raging heights from 10K to 30K to 40K back to 30K to 50K to 64K and we are here.
Still fvvck the government. Let's not say things about race. Government are one and their goal is to control us. Real Democracy is Decentralized. This is the time we can own something finally don't sell your BTC to the whales and bad whales. They will really buy it.
my techanalysis is still the same for the last week. I am the only consistent. I wont change. we are still shorting this then take profit to safe coins then move those short profits at buying more good project coins...
HODL wallet I have is...
$LTC $BTC $ETH $ADA $LINK $DOT $BNB
[+18%] BTC/USDTAnalysis:
- We bounced off the MA150
- RSI strong support
- Target 59000$
- Risk / Reward Ratio : 2.54
Elon Musk the CEO of Tesla, the world's number one electric car, has announced that his company will no longer accept bitcoins as payment for its automobiles. The case had the effect of a bomb, the price of the cryptocurrency falling by more than 7,000 dollars to settle at around 50,000 dollars, a decline of close to 12% .
a buying opportunity on BTCUSD , signal buy Bitcoin
the bitcoin market will experience an uptrend, because we have squeezed the sellers in the signal surrounded in the charter, it is the end of the downtrend and the start of a rise because of the large volume combined with the candle that there a wick above the body and also the breakout of the Vwap indicator with a large volume, this means that the market is probably going up.
Signal buy
Bitcoin trying to stay on top of Ichimoku Cloud heading for $52kAs much as the last couple of days were bearish Bitcoin is showing strength to day breaking the downward trend at least momentarily.
A move over $18.625 would create a very bullish signal and generate strength for attacking $20k again (see related idea "Bitcoin Bears are Forcing a Retracement - $17.5 test likely")
It appears traders are happy with just a retracement to the 0,236 fib and the ~$17.6k level.
That said Bitcoin may very well float above the Ichimoku clouds and manage to repeat history and kick-off the next parabolic run that I had charted based on the 2017 year-end rally.
Watch closely whether Bitcoin can break $18.625. If so I would turn bullish (long).
Right now I feel a neutral.
Short (bearish) signals would be a price loss from here until Sunday into the weekly close.