Btc-bitcoin
BTC dominance tanking? Time for alt season??I posted a chart before with my idea on the btc dominance and it seems to be playing out very well, but whats this this tanking on the volume going all down to 12??? wow.
Time for some alts? or money flowing back to usd?? miners taking profit???
Share your ideas
BITCOIN MACRO VIEW: PRICE AT 1.618 EXTENSIONBITCOIN MACRO VIEW: PRICE AT 1.618 EXTENSION
In today's content, I discussed the macro structure of btcusd.
Price just hit 1.168 extension of wave1 (3100-13888).
1.618 extension is in general an "Important" directional resistance for wave3.
If price gets "rejected" at 42-44k, bears could look to drag the price down to 2D 21ema, which is a a crucial macro support.
As of now, bulls are still in control, and if bears do not bring a heavy sell volume at ~42-44k range, bulls could force through up to 50K.
Will lets price action to give more data as it is at directional resistance area at the moment.
Bitcoin (BTC) • OKEX and Binance now trading above spotFollow-up on my previous video. We end up having another leg up as Binance and OKEX perpetual swaps been trading bellow spot trying to frontrun the market. Now that we saw another $13M being added to liquidations books an perps trading above spot once again is making the correction more likely.
However we need to understand that we are currently in a spot-dominated market boosted by liquidity shortages on the supply side. As such even with perps trading above spot it can keep climbing up due to the frenetic demand coming from spot.
How Big is Today's BTC MarketCap ?Hope this idea will inspire some of you !
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General Bitcoin Prediction Over the Next Two Years Part 2Here I go over my Bitcoin chart and give an update to a video I made about 5 months ago. Bitcoin is currently at 28K, I can see it wicking to 32K, but do not believe this exponential growth is sustainable. I believe 2021 will still be an accumulation year, and think we will see the next major bubble pop in mid 2023.
Like all trading, you need one thing: a strategy. Know what you would do if it keeps rising, drops, or trades sideways.
CryptoMarket Update (#52) : Early Validation for ArbitragersHope this idea will inspire some of you !
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CryptoMarket Update (#51) : Only Pros to Trade Year's EndHope this idea will inspire some of you !
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After this Call - BTC dropped $2000, ATR explanation.Watch the previus idea where I told it is too late to buy.
EUR/USD, Good buy opportunity after trapYou will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
General discussion on current situation on BTC Part 1Mid to long term bullish sentiment tells us we could likely have more upward pressure and price pump in the coming weeks.
CryptoMarket Update (#47-2) : BTC & DominanceHope this idea will inspire some of you !
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Bitcoin Longterm targets still good and average start to a wave 1 so far, but could see some extension at end. Looking around ~18000 for a wave 1 top. more bearish under ~15,500 and needs to stay above ~14,300 for this count.
Bitcoin Bullish Hit my adjusted $16,000 target for wave 1 of 3. Possibility the A wave is in and we've started the next move up. Expect it to stay above 12,000 if it continues to correct and more bearish under 12,000. Target of ~$25,000 to ~$30,000 for the larger degree wave 3. Micro is started to outpace the macro targets and there is a possibility I will have to start using the log scale. ~40,000 to ~$50,000 target for larger move to be on the conservative side.
Bitcoin at my original targetBased on the micro, I can see the .764 ~16,426 as a possibility for a top. More bearish under ~14,150
BITCOIN AT 14000|WHAT TO EXPECT?|FUNDAMENTALS AND TECHNICALS|
BITCOIN has hit 14.000 dollars! Congrats!
It is surging on the fundamentals including PayPal incorporating Bitcoin into its payment system,
The Turks and The Chinese using Bitcoin to escape the draconian capitals controls to get their money out of the country, the "halving" of the mining reward etc..
On the technical side, however, we can see a confluence of the resistance levels mounting.
Thus I'd be very careful entering any longs right now.
Rather, I'd wait for the pullback, and add BTC into my portfolio at the more comfortable levels.
More details in the Video!
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Bitcoin Bull Market = Another Bullish Triangle MartyBoots here. I have been trading for 13-14 years and I am here to share my ideas with you to help the Crypto space.
Bitcoin Bull Market is here right now
Bitcoin Is Very Bullish right now and will move a lot higher
If you want help trading Bitcoin or any other ALT coins hit me up , We will improve your trading
There is life changing opportunities soon
ALT SEASON IS COMING be prepared
BTC bitcoin updateAdjusted my wave 3 count up and still looking for a wave 4 bottom in the ~12,900 to 12,300 area and move onto ~14 to ~15500 level for a 1st wave finish. More bearish under ~12,000
BITCOIN STRUCUTRE ANALYSIS| SCENARIOS UPDATE
BITCOIN has had a bullish rally following the news of PayPal incorporating Bitcoin into its payment systems.
Now, on a technical level, there is a buying opportunity from the support confluence of the channel and the horizontal key level.
I would not recommend any short, even though a movement downwards is likely too, as the upside is clearly more preferable for the market and your stop will be hit multiple times before the market makes a move in your direction so risk reward wise shorts aren't attractive.
Rather, If bitcoin falls to the identified levels, I would be looking at a buying opportunity there, both speculative and as a good level to add more BTC into your long term investment portfolio.
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Bitcoin bullishTarget still ~13,600 to ~15,000 for this move. 4th wave not confirmed yet but looks like could be in. more bearish under ~12,000.
