The market is healing
As you can see, the first wave is home to the bull whales.
(Huge volume)
Technical Section (Wave 5, Lesser Degree):
As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. We'll see.
Extended Wave 5 = either
61.8% x length (beginning of Wave 1 to top of Wave 3)
or
= 100% length of (beginning of Wave 1 to top of Wave 3)
or
= 161.8% x length of (beginning of Wave 1 to top of Wave 3)
BTCBUSD
Bitcoin & Cryptocurrency results of 2022 and plans for 2023-2025Today we will try to summarize the results of 2022 and look a little into the future.
What can we say, We think few people will deny that 2022 is one of the worst years that we have seen and consciously felt. Painful both separately for the participants of the crypto world and in general in the context of the economic, military and geopolitical situation in the world.
In 2022, the value of most cryptocurrencies fell steadily, almost with no corrective rebounds upwards. At most - prices were stuck for several weeks in the sideways correction and then fell again.
But usually, after a black streak comes a white one, so let's turn the 2022 page and look into 2023-2024-2025
Here is the BTCUSDT price chart on the monthly time frame
Although the history of Bitcoin trading is not so long compared to other financial assets or indices, but a certain cyclically can be traced over a 12-year period.
The behavior of BTC price movement can be divided before and after "halving".
"According to the algorithm, the reward for the mined BTC block is halved +/- every 4 years, and the event itself is called "halving".
On 28.11.2012, the first BTC halving took place. Back then, crypto was something completely unknown for 99% of people, then on a regular desktop computer, you could mine a BTC block and get a reward of 50BTC.
From 28.11.2012 to 09.07.2016 - the reward per block was 25 BTC
From 09.07.2016 to 11.05.2020 - the reward per block was 12.5 BTC
Now the reward is 6.25 bitcoins, and from April 2024 (the projected date of future halving) it will be halved to 3.125 BTC.
As the complexity of mining increases every day, the rewards will decrease until there are no bitcoins left to mine. Only 21 million bitcoins can be mined (and of these, 3-4 million are considered irretrievably lost). Calculations indicate that the last block should be mined in 2140."
To summarize: after each halving, the supply of new BTC that can be sold on the market is greatly reduced, which according to the law of "supply and demand" only stimulates the price growth."
If the BTC price is growing, which is already regarded by many as an "index of cryptocurrency stability", then altcoins are growing much more strongly in parallel.
For example, we recently made an interesting idea for LTCUSDT.
Litecoin is mining and has a halving on the same block as BTC, but the halving comes a little earlier.
We describe it in more detail here
If you are interested in when to sell your LTC, read and analyze.
If we analyze the behavior of the BTCUSD price, we can confidently state the regularity and cyclicality:
+ BTC price minimum January 2015 + 17 months = "halving" July 2016 + 18 months of the rapid growth of the crypto market until December 2018.
+ BTC price minimum December 2018 + 17 months = "halving" May 2020 + 18 months of the rapid growth of the crypto market until November 2021.
Now we prospect this pattern for 2023 - 2025
+ If the minimum BTC price was recorded in November 2022 + 17 months = projected "halving" April 2024 + 18 months of the rapid growth of the crypto market until October 2025.
This assumption, at least, has the right to life, and we remain to be closely monitored for it.
Our expectations for 2023:
- January 2023 - continued consolidation and bottom formation in the range of $16000-19000
- February 2023 - a shot up to $28000
- March - October 2023 - prolonged consolidation under the level of $28000
- autumn 2023 - breakthrough and consolidation of the BTCUSDT price above $28000
In 2024, a stable growth trend according to the fractal is expected.
Autumn 2025 is the maximum price for possible future growth trend.
Altcoins in 2023 may be less patient and start "shooting" up in the spring-summer of 2023, while the BTC price is in consolidation. By organizing a mini alt-season in 2023, the "big players" will be able to show that the market has come to life. They can hint and lure "new and fresh" money into the crypto world for a joint and powerful growth of the crypto market in 2024. This is a very necessary thing after a bunch of negative events in 2022.
These assumptions also complement our analysis, which we wrote about the possible capitalization of the cryptocurrency market in 2023-2025
_____________________
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Pessimism to optimism
As shown on this chart, there is a lot you can tell from a chart (Buy signal, Sell stop, Sell signal and ...).
My diagnosis of the pattern (Pessimism to optimism (rest and again up!))
Anyway, I might still be right in my analysis
Target = $ 36000 (If my analysis is correct)
Long = $ 32000
₿itcoin will go ✈️UP✈️ by Falling Wedge Pattern⏰(15_Min)⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake , Bitcoin fell again after breaking the🔴 Resistance zone($28,450-$28,000 )🔴.
🔄Currently, the 🔴Resistance zone($28,450-$28,000)🔴 has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis.
🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Falling Wedge Pattern .
🔔I expect Bitcoin to rally to at least the ⬆️ Upper ⬆️🟡Price Reversal Zones(PRZ)🟡 after entering the ⬇️ Lower ⬇️ 🟡Price Reversal Zones(PRZ)🟡 and reacting to the Pitchfork and Fib channel lines .
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🌐➕ Positive News ➕🌐:
FTX customers could get $9 B shortfall claim payout by mid-2024.
The number of wallets holding between 100 and 1,000 Bitcoins has reached an all-time high this year.
Cathie Wood Says 'Hopes Are Rising' For Bitcoin ETF Approval By SEC
🌐➖ Negative News ➖🌐:
US Government Holds $5 B in Bitcoin: WSJ.
Bitcoin (BTC) Collapses 8% as BlackRock Denies ETF Approval Rumor.
Binance Will Stop Accepting New User Registrations in the UK Starting Today.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
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✈️Bitcoin Will Go Up again✈️🔨Bitcoin seems to be breaking the Ascending Channel and 🟢 Support zone($27,580-$27,300) 🟢.
🌊According to Elliott's wave theory , Bitcoin has completed a Zigzag correction(ABC/5-3-5) in the ascending channel, but we have to wait for the next moves to confirm the end of the main wave B .
💡Also, the RSI indicator managed to break the Uptrend line and is currently moving near the 50% line ; I expect the RSI indicator to pull back to the Uptrend line .👇
🔔I expect Bitcoin to at least decline to the next 🟢 Support zone($26,880-$26,500) 🟢 and then rise again and touch the minimum Resistance line again.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will gladly see your ideas in this post.
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📊Bitcoin Mid-Term Analysis📊👋Hi everyone.
📈Today, I decided to analyze Bitcoin almost completely on a weekly time frame with the help of technical analysis tools to give you a good view for the mid-term .
✅After rising almost ➕15% for the past four weeks , Bitcoin has started to decline again (as I expected in previous posts ✅).
☠️One of the reasons for Bitcoin's fall again in terms of technical analysis was the Death Cross Signal .
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA), usually the 50-day , crosses below its long-term moving average, usually the 200-day .
🌊According to Elliott's wave theory , Bitcoin completed its 5-impulse wave at $31,800 and is currently completing corrective waves. It is better to know that because the main wave A has 5 microwaves, the structure of the corrective pattern should be in the form of a Zigzag correction(ABC/5-3-5) .
🌊It seems that the main wave B has also ended, but to confirm this, we have to wait for the break of the Support line and the 🟢Support zone($26,880-$26,500)🟢 .
🌊After confirmation of the end of the main wave B , I expect the main wave C to finish in the 🟢Heavy Support zone($25,280-$23,900)🟢 or one of the 🟡Price Reversal Zones(PRZs)🟡 , in terms of timing, the end of the main wave C could be in one of the ⚫️ Time Reversal Zones(TRZs) ⚫️.
❗️ Note ❗️: The price and time of the end of the main wave C depends on the fundamental conditions of the cryptocurrency market and other parameters ( 💲Interest rate💲_⚔️War⚔️_🐳Behavior of whales🐳_🔄On-chain Data🔄_etc. )
🔔I expect Bitcoin to rise to at least the previous high($31,800) after the correction waves are completed.
🙏In the end, I have to apologize for the fact that the chart is busy, but in my opinion, all the lines and indicators were needed for your better understanding of the analysis, and I also hope that this analysis has an 📚educational📚 aspect for you.
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I would be happy to share your opinion about Bitcoin for the mid and even long-term below this post.
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Bitcoin Analyze ( BTCUSDT ), Weekly time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
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₿itcoin will go UP by Bullish 🏁Flag🏁 Pattern⏰(15_Min)👋Hi guys, I hope that you had a great weekend.🥳
✅Bitcoin seems to have managed to break the 🔴 Resistance zone($27,600-$27,300)🔴 by Breakout Candle and is currently completing a pullback to this line.
🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern.
🔔I expect Bitcoin to rise toward the 🔴 Resistance zone($28,450-$28,060) 🔴 after breaking the upper line of the descending channel .
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
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₿itcoin is Ready to Fall again⏰(1-Hour)⏰✅₿itcoin started to grow as I expected in the previous post on the 1-hour time frame.
🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($27,600-$27,300) 🔴, Resistance lines , 🟡 Price Reversal Zones(PRZ) 🟡,🔵 100_EMA(Daily) 🔵 and Downtrend line .
🌊In terms of Elliott wave theory , Bitcoin seems to be completing the last wave of the Double Three Correction(WXY) .
🔔I expect Bitcoin to start going down again after hitting the Resistance lines and the 🟡 Price Reversal Zones(PRZ) 🟡.
🔔The first 🎯Target🎯 of Bitcoin can be a Support line .
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🌐➕ Positive News ➕🌐:
Ferrari to accept crypto for luxury car purchases: Reuters.
California Signs Crypto Bill Into Law.
Bloomberg Analyst Predicts Likelihood Of A Spot Bitcoin ETF By January 2024.
Legendary Investor Jim Rogers Warns Era of US Dollar Dominance Is Coming to an End.
US Government Has No Option Except Currency Debasement, and Bitcoin (BTC) Stands To Benefit: Bloomberg Analyst.
First Stage of Bitcoin Bull Market ‘Well and Truly Underway,’ Says Analyst Jason Pizzino – But There’s a Catch.
California Sets 2025 Start for Digital Asset Regulatory Framework.
🌐➖ Negative News ➖🌐:
Cryptocurrency Exchange Volume Report Released: Here’s How Binance, Coinbase, Bybit and 10 Other Exchanges Performed
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Analyze(Road map)🗺️⏰(1-Hour)⏰👋 Hi everyone.
🙏 First, I have to apologize for the busy chart, but I will try to draw all the important zones and lines for you so that the posts have an 📚 Educational aspect 📚.
🏃♂️Bitcoin is moving in the 🟢Support zone($26,880-$26,500)🟢 near the 🟣 Yearly Pivot Point($26,737) 🟣, Support lines and 🔵 50_SMA(Daily) 🔵.
🌊According to the theory of Elliott waves , Bitcoin seems to be completing its 5th wave with the help of the Expanding Ending Diagonal .
💡Also, we can see Regular Divergence(RD+) between two Consecutive valleys .
🔔I expect Bitcoin to move towards the Resistance line and 🔴 Resistance zone($27,600-$27,300) 🔴 after breaking the upper line of the Expanding Ending Diagonal .
❗️ Note ❗️: Below the 🟢Support zone($26,880-$26,500)🟢 , Bitcoin has a 🔵 CME Gap($26,400-$26,290) 🔵, which I don't think Bitcoin will fill this gap in this attack, but if this zone is filled, the scenario will change .
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🌐➕ Positive News ➕🌐:
First Abu Dhabi Bank completes cross-border payments testing on JPMorgan Onyx.
Telegram And TON Foundation Collaborate With Alibaba Cloud In Quest For Fastest Blockchain.
Bitcoin Lightning Network growth jumps 1,200% in 2 years.
Billionaire Paul Tudor Jones Still Likes Bitcoin Despite Price Drop.
Tether Continues To Flow Into Exchanges.
JPMorgan debuts tokenization platform, BlackRock among key clients: Report.
Crypto HODLers Stash Bitcoin Worth $1.35B Each Month, Onchain Data Show.
ARK Invest updates spot Bitcoin ETF proposal in response to SEC criticisms.
🌐➖ Negative News ➖🌐:
Crypto exchange Bitstamp to end Canadian services in January
Jim Cramer thinks 'Mr. Bitcoin is about to go down big'
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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BTC: The price getting rejected from the 200D SMA! It's no surprise that the price has been rejected from the 200-day Simple Moving Average (SMA) multiple times. Historically, the 200-day SMA has acted as either a support or resistance level, depending on whether the price is above or below it. Since the current price is below the 200-day SMA, there is a high likelihood that the price will continue to move lower at some point. Another bearish sign is that the price broke below the rising channel, which suggests a further decline.
Here's the previous post:
" Here's a Quick outlook for BTC. This week, there hasn't been much movement, and the price continues within the rising channel. Previously, we saw a move below the 200D SMA, and the price hasn't managed to break back above it as the SMA is now acting as resistance. One way to predict market changes is by using the 200-day simple moving average (SMA). If the closing price drops below the 200-day SMA, it's likely that the market will continue to decline, and the opposite is also true. Currently, the price is below the 200-day SMA, which suggests that it may fall further until it rises above the SMA.
It is also worth mentioning that a rising channel often breaks to the downside. Given the current situation where the price is below the 200D SMA and touching significant resistance while within a rising channel, it is expected that the price may experience a decline in the coming weeks. "
There are several indicators and global economic events that suggest the market will continue to decline. For example, median home prices are contracting sharply, reaching levels last seen in 1970 and 2008, both years which experienced severe economic downturns.
It's important to note that there are many unfilled gaps below the current price. These gaps can act as magnets and pull the price down to fill them at some point. Therefore, it's recommended to keep a close eye on them.
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Based on current market sentiment, it appears that a more significant downturn is on the horizon. This could result in revisiting prior lows (15k-16k) or even reaching new lows within the range of 10k-13k. However, after this decline, there is a good chance that the market will shift towards a bullish phase. My prediction is that BTC will reach its lowest point within the next six months, but recovery is expected by Summer 2024. It is recommended to have a strategy in place for this potential downturn.
Many are optimistic about BTC's price, yet it's crucial to recognize that the occasional rallies are creating lower highs. For a robust bullish case, establishing a higher high and higher low is essential. Beyond BTC's price action, numerous indicators suggest a substantial market drop is looming. Consider, for instance, the rate of permanent job losses; each spike in this metric has been followed by a recession, and it’s escalating sharply.
⚠️Bitcoin will Go Down Again⏰(1-Hour)⏰⚠️👋Hi everyone, I hope that you have a great weekend.🥳
🌊It seems that the corrective structure of Bitcoin continues so that the Wave A had an Expanding Leading Diagonal structure, and in general, it seems that the corrective structure will be a Zigzag type(ABC/5-3-5) .
📚It is better to know that generally, on Saturdays and Sundays , Volume Trading is low , so there is a high probability that Bitcoin will move in the form of Range in the next two days and will make its main move at the beginning of next week.
💡Also, we can see Regular Divergence(RD-) between two consecutive peaks.
🔔I expect Bitcoin to eventually break back below the 🟢 Support zone($27,920-$27,800) 🟢 and once again attack the 🟢 Heavy Support zone($27,600-$27,300) 🟢 and the lower line of the Ascending Channel .
❗️ Note ❗️: If BTC can break the 🔴 Heavy Resistance zone($28,440-$28,060) 🔴, the scenario will change.
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🌐➕ Positive News ➕🌐:
Spot Bitcoin ETFs Could Send BTC Skyrocketing by Over 3,200%, Says InvestAnswers Host.
Bitcoin miners Marathon, Riot, CleanSpark increase BTC output in September.
Hong Kong crypto VC opens $100M fund for Asian blockchain startups.
Robert F. Kennedy Jr. Pledges to Protect Bitcoin When President.
🌐➖ Negative News ➖🌐:
JPEX converts user stablecoins to native token without notice: Report.
Ledger lays off 12% of staff, citing ‘macroeconomic headwinds’.
Binance Losing Market Dominance at Rapid Pace.
Dark Side Of Crypto: $7 Billion Laundered Across Chains, According To Elliptic.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
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Bitcoin will ⚔️Attack⚔️ to Downtrend line⏰(15_min)⏰👋Hi, everyone.
🏃Bitcoin is running on 🟢 Heavy Support zone($27,600-$27,300) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡.
🌊In terms of Elliott wave theory , Bitcoin seems to be completing a Zigzag Correction(ABC/5-3-5) so that wave B could end at 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Bitcoin to Attack the Downtrend line in the coming hours to complete Wave C .
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🌐➕ Positive News ➕🌐:
The user account "Satoshi" says that he/she will publish documents to prove her identity in 2024 (On Twitter).
Bitcoiner drops BitVM paper — Bringing Ethereum-like contracts to Bitcoin.
Weekly Crypto Inflows Surge by 370%, According to CoinShares.
Bitcoin’s exchange balance plummets to five-year low.
Arthur Hayes Says AI and Historic Money Printing Will Create ‘Most Epic’ Bull Market for Crypto.
Former BlackRock Manager Says Prepare For $17.7 Trillion Inflow Into Bitcoin If This Happens.
Bitcoin is a ‘super logical’ step on the tech tree — OpenAI CEO.
Bitcoin Is Better Than Digital Gold: Matrixport.
South Korea’s Crypto Market Cap Leaps to $21.1 Billion in H1
🌐➖ Negative News ➖🌐:
Binance users in Hong Kong lose $450K in wave of fraud texts: HK police.
Huobi & KuCoin Added to UK Warning List for Operating Without Registration.
Binance Losing Market Dominance at Rapid Pace.
Instagram’s Stance on Bitcoin: Why Accounts Get Suspended.
Bitcoin Could Plunge by Nearly 50%, According to Crypto Analyst Nicholas Merten – Here’s Why.
Stablecoin Market Hits 2-Year Lows In Terms Of Market Cap – What’s Going On?
Bitcoin Mining Giant Bitmain Halted Employee Salaries.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
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TOTAL and BTC ideaTOTAL = Total Crypto Market Cap
I've been pondering this idea. When BTC pumps, do not assume a duplication of the past 4-year cycles. The treasure yield curves have crossed 12 months ago, and it has been an indicator of market crashes and recessions. Typically the market crash and recessions begin anywhere from immediate to 18 months later. Well, 12 months has gone. Tick tock. And this wave pattern would match with this scenario.
So after BTC pumps over the next few months, be on the look out. Don't have a ride or die attitude for 2 years, as per last bull cycle. Just in case this chart is correct.
4yr cyclic lines suggest bitcoin capitulation and new bull run!every 4 years bitcoin capitulates after the clocks return from BST to GMT/UTC in the UK (end of October).
price also has 100mma around the previous ATH.
Cyclic bars suggest history is about to repeat...
Fibo circle suggests we may see some sideways action into 2023 before the next ATH bull run, or price pops $50-60k region for a more corrective scenario (we will see)...
Bitcoin will ⚔️Attack⚔️ to Heavy Support Zone⏰(1-Hour)⏰✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern .
🌊Regarding Elliott waves , corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY) .
🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡 Price Reversal Zone(PRZ) 🟡and break the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
❗️ Note ❗️: Corrective waves can continue; we can Confirm the end of corrective waves in the 1-hour time frame after breaking the 🟢 Heavy Support zone($27,600-$27,300) 🟢.
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🌐➕ Positive News ➕🌐:
Satoshi Nakamoto (Bitcoin creator) woke up after 5 years! (in Twitter).
Ethereum Futures ETFs Debut on Low Volumes.
Blockchain finance to grow into $79.3B market by 2032
CBDC lays foundation for new global monetary system: French central bank.
Elon Musk Believes Fiat Money is a Scam.
Hong Kong Stock Exchange launches settlement platform powered by smart contracts
🌐➖ Negative News ➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚧Bitcoin will Go Down Again🚧🔨Bitcoin started to rise from the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and was able to break the Downtrend line yesterday.
✅Also, Bitcoin has managed to form an Ascending channel .
🏃♂️Bitcoin is currently moving in the 🔴 Resistance zone($28,460-$28,000) 🔴 near the SMA(100) and near the upper line of the ascending channel .
💡Also, we can see the Regular Divergence(RD-) between Price and Volume.
🌊In terms of Elliott Waves , Bitcoin managed to complete the main corrective wave A at the 🟢Heavy Support zone($25,280-$23,900)🟢 and is currently completing the main wave B.
📚Since the main wave A is five microwaves, we have to wait for the Zigzag correction(ABC/5-3-5) , and the higher the end of the main wave B is at higher prices, we expect the main wave C to be weaker.
📚☠️ Death Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day, crosses below its long-term moving average, usually the 200-day.
🔔I expect the microwave C of the main wave B to finish at the 🔴 Resistance zone 🔴 or at the 🟡 Price Reversal Zone(PRZ) 🟡, and then Bitcoin will ⚔️ Attack ⚔️ the lower line of the ascending channel.
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will go UP to my 🎯Target🎯⏰(15Min)⏰🏃Bitcoin is running on 🟢 Heavy Support zone($27,600-$27,300) 🟢 and 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Bitcoin to rise toward the 🎯 Target 🎯 that I specified in my chart after breaking the 🔴 Resistance zone 🔴.
❗️ Note ❗️: if Bitcoin goes below the 🟢 Heavy Support zone($27,600-$27,300) 🟢 we have to expect that Bitcoin will go down more.
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🌐➕ Positive News ➕🌐:
In general, October has been a good month for cryptocurrencies.
Ethereum Futures ETFs Debut on Low Volumes.
Grayscale Moves to Convert Its Ethereum Trust to a Spot ETH ETF
🌐➖ Negative News ➖🌐:
Peter Schiff: ‘We Are Still Early in the Biggest Bond Market Crash in U.S. History’.
Stablecoin Economy Sheds $1.52 Billion in September, Revisiting a 2-Year Low.
This Crypto Exchange Reportedly Suffered a $13 Million Hack
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will go UP by Bullish 🏁Flag🏁 Pattern⏰(15Min)Hi guys, I hope that you had a great weekend.🥳
✅Bitcoin seems to have managed to break the Important Resistance line ( at least temporarily ) and is currently completing a pullback to this line.
🏃Currently, Bitcoin is moving near the 🟢 Support zone($27,100-$27,040) 🟢and SMA(100) .
🏁In terms of classic technical analysis, it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern .
🌊The structure of the waves inside the Flag is the Double Three Correction(WXY) type.
🔔I expect Bitcoin to rise toward the 🔴 Resistance zone($27,600-$27,300) 🔴 after breaking the upper line of the descending channel .
❗️ Note ❗️: if Bitcoin goes below the 🟢 Support zone($27,100-$27,060) 🟢 we have to expect that Bitcoin will go down more.
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🌐➕ Positive News ➕🌐:
In general, October has been a good month for cryptocurrencies.
🌐➖ Negative News ➖🌐:
New U.S. Bill Proposes Enhanced Oversight for Cryptocurrency Transactions
Gemini Crypto Exchange Exits Dutch Market.
Major Exchange Experienced $116 Million in Outflow in Ethereum, Bitcoin, and USDT.
Fornite Developer Cuts 16% of Workforce Amid Metaverse Revenue Shortfall.
SEC Files Lawsuit Against FTX Auditor.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin will Attack to Important Resistance line Again🚀⏰(15Min)🔄Bitcoin made some changes in its waves after yesterday's pump .
🌊In terms of Elliott waves , Bitcoin seems to be completing wave 4 with the Double Three Correction (WXY) .
🔔I expect Bitcoin to attack the Important Resistance line and 🔴 Resistance zone($27,600-$27,300) 🔴again in the coming hour.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚨Bitcoin will Go Down to support lines again🚨⏰(1-Hour)⏰✅Bitcoin reacts well to 🟡 Price Reversal Zone(PRZ) 🟡 and 🟣 Weekly Pivot Point 🟣.
🔔I expect Bitcoin to decline from the 🟡 Price Reversal Zone(PRZ) 🟡 to the support lines and 🟢Support zone($26,240-$26,000)🟢 again.
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🌐➕ Positive News ➕🌐:
Ethereum futures ETFs could start trading next week — Bloomberg analyst.
Crypto Exchange Kraken to Explore Stock Trading: Bloomberg.
Gemini invests $24M for expansion in India.
Shanghai publishes blockchain plan to support trade, metaverse, government affairs.
6th Swiss bank joins SDX crypto exchange.
🌐➖ Negative News ➖🌐:
Bitcoin miner Marathon mines invalid block in failed ‘experiment’.
Binance's CZ Could Face Criminal Charges: WSJ
Binance fully exits Russia with sale to CommEX.
Bitcoin Miner Selling Pressure Mounts as Hash Rate Peaks.
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.