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Btclong

BTC calm before the storm, be prepared!! Total Market CapHi dear community and my loyal followers. In short I would like to update crypto market from macro perspective. I'm looking at monthly timeframe and would like to bring your attention to some bullish facts. As you see Total market Cap tested previous ATH in June 2022, the point which I called and till now I haven't changed my mind. Even the recent dump couldn't make me change my idea coz as you see it is double bottom. At the same time TOTAL Market Cap tested 0.786 fib level with 12D MACD bullish cross in a bear market which marks Bull market start and the Bear market end. BTW it has never given false signal in the whole BTC history. As you noticed every time when MACD crosses bullish the bottom was already in which proves my previous analyses about BTC bottom which I called 17.5K in June, the recent dump was a fake breakdown/ bear trap/ with Double bottom + multiple indicator bullish divergences like 2021 69K which was a fake breakout / bull trap/ with double top+ multiple indicator bearish divergences. At the moment I'm waiting BTC daily candle close above 21.3-21.5K with confirmation then daily candle close above 24.5-25K with confirmation to announce officially Bull market start. BTC will surprise 99% people who are waiting lower prices like 12-10-8K and doesn't give chance to buy at such low prices jumping suddenly in a crazy way. If you like my ideas don't forget to like, comment and follow my ideas. I will appreciate any single follow. Thanks in advance.
CRYPTOCAP:TOTALLong
by ergal91
2
Unique Update Of BitcoinHello, welcome to this BTC /USD 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) fell below $17,000 in today’s session, as markets continued to react to last month’s retail sales data. As retail sales in the United States disappointed, BTC/USD slipped to an intraday low of $16,997.54 earlier in the day. This comes less than a day after prices were nearing a breakout of $18,000, hitting a peak of $17,725.88 in the process. Looking at the chart, bearish pressure intensified following a breakout of a floor at $17,200, with the price now trading at $17,023.22. This slight reversal comes as the 14-day relative strength index (RSI) moved close to a support point of 45.00. The index is currently tracking at the 47.05 level, and should price strength hit the aforementioned floor, BTC could land at $16,800. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC/USDT 4HOUR UPDATEHello, welcome to this BTC /USDT chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:- BTC broke the $18.1K mark and $17.2K is testing support. A breakout from the mentioned level could pave the way for an increase toward $20.6K in the near term. However, the RSI indicator is already showing green flags as the indicator is in the oversold zone, currently hovering around the 46% level. This signal could point to a pullback in the coming days, leading to a possible return to the $20.6K area. A break above $17.2K would be a more likely outcome given the relatively high probability that the Fed will raise rates and reduce the momentum of the recent rise in prices. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
by CryptoSanders9563
2
BTC And ETH Falls From 5-Week High as Traders Continue to DigestHello, welcome to this BTC And ETH DAILY chart update by @CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin ( BTC ) was again trading below $18,000, as bears reentered the market following the latest Fed meeting. Following a move to a five-week high of $18,318.53 on Wednesday, BTC/USD slipped to an intraday low of $17,642.51 earlier today. The drop seemingly comes as traders moved to secure profits, after recording three straight days of gains. Looking at the chart, this reversal in price coincided with the 14-day relative strength index (RSI) failing to break out of a ceiling at 60.00 The index is tracking at the 57.17 mark, with the next visible point of support at 54.00. Should price strength find its way to this floor, it is likely that BTC will be trading close to the $17,200 point. CHART ANALYSIS:-Ethereum (ETH) also moved lower on Thursday, following the U.S. Federal Reserve’s decision to hike rates by 0.5%. After the decision, Fed Chair Jerome Powell gave some market guidance stating that they “are getting close to the level we think sufficiently restrictive.” ETH/USD fell to a bottom of $1,280.52 earlier in today’s session, less than 24 hours after hitting a high of $1,346.17. As seen from the chart, the drop comes as ETH failed to sustain a breakout from its long-term ceiling of $1,300. Overall, prices are down by nearly 4% from yesterday’s peak, with the RSI currently tracking at 50.92, which is marginally above a floor of 50.00. Bulls will see this as a positive and have hopes that today’s sell-off will not continue throughout the rest of the week. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
BTC Remains Higher Ahead of Fed Rate DecisionHello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS. I have tried to bring the best possible outcome to this chart. CHART ANALYSIS:-Bitcoin (BTC) was trading close to the $18,100 level on Wednesday, as markets remained higher following the latest U.S. inflation report. Following a low of $17,412.19 on Tuesday, BTC/USD surged to a peak of $17,690.09 earlier in today’s session. As a result of this move, BTC continues to trade close to its highest point since November 9, which is the last time price was above $18,100. Looking at the chart, this recent rise in momentum came as the 14-day relative strength index (RSI) raced to its highest point since early November. As of writing, the index is tracking at the 60.00 mark, which is marginally below a key ceiling at the 60.75 mark. Should bitcoin climb beyond this point, we could see the coin once again move above the $18,100 point. This is not a piece of financial advice. Hit the like button if you like it and share your charts in the comments section. Thank you
BITSTAMP:BTCUSD
by CryptoSanders9563
5