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BTC-USD

Bitcoin back at $20K despite latest MicroStrategy purchase The big news for Bitcoin was from MicroStrategy, purchasing an additional 480 bitcoins for about $10.0 million at an average price of $20,817 per coin. So far, the news hasn't impacted the price of Bitcoin as it continues to hover around that $20K handle. We will need to see a big reversal stick around current levels to give hope that we have seen at least a short-term low. While Bitcoin remains in danger of further falls, the big correction has increased the probability of a recovery in the not-too-distant future. Crypto enthusiasts just cannot wait until that happens. Patience is the name of the game. As of yesterday, MicroStrategy now holds ~129,699 bitcoins acquired for ~$3.98 billion. That gives it an average price of ~$30,664 per bitcoin. From an investing point of view, this is what you are supposed to do – buy more at lower levels. The company’s Chief Executive Officer Michael Saylor must believe that the downturn for bitcoin is nearing an end and that a recovery is nigh. To some degree, I agree with that viewpoint. It is just that it feels a bit like a gamble though as prices haven’t stabilised to give you confidence that a low is in just yet. I hope that doesn’t scare investors who are holding the company’s stock.
BITSTAMP:BTCUSD
by FOREXcom
2
BITCOIN (BTCUSD) Potential for bullish rise | 28th June 2022On the H1, with prices bouncing off the stochastic support, we have a bullish bias that prices will drop and rise from the buy entry at 19771.44 where the swing low support and 50% fibonacci retracement are to the intermediate resistance at 21724.36 where the swing high support and 78.6% fibonacci retracement are. Should price break intermediate resistance, there will be upside confirmation and we would expect bullish momentum to carry price to take profit at 22966.04 in line with swing high resistance and 78.6% fibonacci projection . Alternatively, price could break entry structure and head of stop loss at 17577.41 where the swing low support and 78.6% fibonacci projection are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BITSTAMP:BTCUSDLong
by FXCM
1
BITCOIN (BTCUSD) Potential for bullish rise | 28th June 2022On the H1, with prices bouncing off the stochastic support, we have a bullish bias that prices will drop and rise from the buy entry at 19771.44 where the swing low support and 50% fibonacci retracement are to the intermediate resistance at 21724.36 where the swing high support and 78.6% fibonacci retracement are. Should price break intermediate resistance, there will be upside confirmation and we would expect bullish momentum to carry price to take profit at 22966.04 in line with swing high resistance and 78.6% fibonacci projection. Alternatively, price could break entry structure and head of stop loss at 17577.41 where the swing low support and 78.6% fibonacci projection are. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
BITSTAMP:BTCUSDLong
by Rockqet
BTC BITCOIN USD : INDICATORS ARE FLASHING BOTTOM IS IN, LOAD UP!Bitcoin BTC USD LIKE COMMENT AND FOLLOW FOR MORE UPDATES AND ANALYSIS. THANK YOU Bitcoin looks to me like it has bottomed out. I went back and read news articles and stories about Bitcoin during all these bottoms I have highlighted and the news is always the same. is Bitcoin able to recover, is Crypto Dead, looks like more downside, Major Analysts says we have much further down to go, etc etc. I'm not psychic but I have been in the market for many years and have seen bottoms and tops and the sentiment has played out similarly every time, between the news articles, bears calling for lower lows, and indicators flashing bottom and no one believing it. The Mayer Multiple indicator has also called the last 3 or 4 bottoms on bitcoin as well. It is now flashing a bottom and a buy signal, while at the same time the RSI is at its lowest level ever showing oversold with a fresh curl up. I think we have hit the bottom and the bears hoping for lower lows will suffer this bull run pretty hard because when Bitcoin takes off its literally going straight up, probably gaining 10k plus in single day candles at times, leaving all the naysayers and bears in the dust. I cant wait to see the river of melted faces on this one. This is not trading or financial advice this is just my opinion. Thank you
BITSTAMP:BTCUSDLong
by Bitgolder
7
BTC BITCOIN USD : 2020 BOTTOM VS 2022 BOTTOM FRACTAL!PLEASE LIKE, FOLLOW, AND COMMENT BELOW IF YOU APPRECIATE THIS CONTENT. THANK YOU BITCOIN in my opinion has bottomed out and is forming the same pattern as it did during the 2020 March bottom. Bitcoin is going to surprise the phuq out of everyone when it goes straight up so fast the bears don't have a chance to get back in. This was the most epic bear trap in history. This is not financial advice this is just my opinion. Thank you
KRAKEN:BTCUSDLong
by Bitgolder
3
EINSTEINIUM EMC2 USD : MASSIVE BULL FLAG! TARGET $13.50, 340000%EMC2 EINSTEINIUM has been in this massive Bull Flag for years and I believe its time for breakout is near. When something goes up 4.5 Million percent in the course of just a couple years then you would expect a long nose dive correction for years and that is what we had. The bottom is near and I think we will breakout again. The fundamentals are still there and the new team that took over the project has really been working hard to perfect this amazing project. This project has some serious legs in my opinion. This is a high risk but much higher reward asset and I am loading up here at the bottom of this bull flag before the next 3400x or 340000% rise. Don't believe that can happen go look at the chart and see that it did a literal 4.5 million percent rise, thats a 45000x gain. FORTY FIVE THOUSAND TIMES YOUR MONEY IF YOU BOUGHT IN DURING THE ICO AND RODE IT TO THE TOP! That means if you put just 10 dollars in at the ICO then you would have had nearly half a million dollars! It wouldn't hurt to speculate on a seasoned project with many developments, that can actually have some real world usage. This is not financial advice this is just what I am doing and my opinion. I also have many other projects that I am doing an analysis on similar to this hidden gem with super high rewards potential. Check it out and if you find my content useful then please follow me and leave a like and comment below. Thank you and good luck out there.
ELong
by Bitgolder
5
Waiting for BTC/USD trend reversal confirmation patientlyQuick update: Not a piece of financial advice. The observational market trend suggests a strengthening reversal, but the microeconomics counters the thesis for a BTC/USD pair bottom confirmation. Those who got into the bottom around 18.3k level had a greater risk/reward scenario given the RSI/Stoch & BB leveling but faint confirmations. Wisely waiting for a strong signal confirmation to rely on a trend reversal. No rush here as the market may pick up a haywire move should there be any undesirable news/events (hopefully good news here).
COINBASE:BTCUSD
by coreSATS
BTC/USD - weekly Analytics + Altcoins 20.06.2022On June 19, investors reached a maximum of pessimism. Usually at such moments there is a market reversal. In order to confirm it, the formation of momentum in the area of 25-26 thousand dollars is required, after which a corrective rollback will be formed with a high degree of probability. For more risky traders, entry points to buy are present at the current marks. Altcoins Tron formed a false-break from the bottom diagonal boundary of a potential triangle, it looks stronger than the market at the moment and has already diverged paths with the bitcoin, a strong confirmation would be an increase to the area of 0.08
by Yosu_Fund
BTC trying to hold Fibo level 1The fibo level 1 is also the 200 W SMA Attention that if breaks down and close one daily candle below $19.8 there will be no much support until $12K area Also this $12k area is the price range of liquidation of major defi projects Also it never ever closed a daily candle below the 200 W SMA that mean it is a good time to happen Also All retail investor are aware and ready to buy the 200 W SMA, bad signal for a support Also Terra was targeted and used as a lesson, I believe the next target is Celsius Also, Soros, Gates, Alliens, Musk, Reptiles, Rockefeller, Rothschild and Saylor are having a meeting right now to decide about the next dump!!! :) Thanks
Short
by UnknownUnicorn14518531
BTC USD ETH : MARKET PSYCHOLOGY AND FOMO! EXPONENTIAL GROWTH!I did this chart to show how people react to the market. It shows little interest with a prolonged slow rise then more interest and more interest etc until the FOMO blowoff hits. This increase in angle of uptrend plays out in every timeframe and in almost every chart. I think the crypto market is just getting warmed up. We're about to go parabolic in my opinion. This is just my opinion and not financial advice. Thank you and good luck out there.
BITSTAMP:ETHUSDLong
by Bitgolder
2