$BTC is ready to take off 🚀🚀🚀CRYPTOCAP:BTC is currently in the process to head higher, there are multiple confluences on the weekly TF. Not only is there a bullish cross over on the MACD and the TSI, but it seems as though bitcoin has formed an inverted h/s pattern. Based off the fibs and the rules of supply and demand. BTC has hit an important point , and will most likely retrace to the .382 or .50 point in which both areas are consistent with being in the same zone as the indecision candle from the previous impulsive move. So expect more for bitcoin next retrace to >29-28k area, then start heading towards 40k. Remember this is on the weekly TF so it will take time to playout.
Good Luck!!
#TeamBoomin 🚀
Btcudst
Exciting Opportunity: Get Ready to Load Up on BTC as RSI Hits 30I want to share an incredible opportunity that awaits us all when the Relative Strength Index (RSI) hits the magical number of 30. Get ready to buckle up because this will be a thrilling ride!
As seasoned Bitcoin enthusiasts, we know that timing is everything in investments. So, let me cut to the chase and reveal the secret I've been bursting to share with you. When the RSI indicator drops to 30, it's a strong signal that Bitcoin is potentially oversold and undervalued. This is the perfect time for investors like us to take action, seize the moment, and load up on BTC!
You may be wondering, "Why should I invest when the RSI hits 30?" History has shown us that these moments often mark significant turning points in Bitcoin's price trajectory. It's a golden opportunity to scoop up more Bitcoin at a potentially discounted price before the market realizes its value. By purchasing Bitcoin during this period, we align ourselves with the potential for substantial gains in the future.
So, here's your call to action: Be prepared to take full advantage of this exciting scenario when the RSI indicator flashes 30! Don't let this opportunity pass you by. Allocate a portion of your investment portfolio to Bitcoin and join us in embracing the potential for immense growth and financial prosperity. Remember, fortune favors the bold!
To assist you in making informed decisions, I encourage you to stay updated on the market trends and closely monitor the RSI indicator. Please familiarize yourself with the concept of RSI and its implications for Bitcoin's price movements. This knowledge will empower you to make confident investment choices when the time is right.
In conclusion, my fellow Bitcoin enthusiasts, let's approach this opportunity with enthusiasm, positivity, and a happy tone of voice! The potential rewards that await us when the RSI hits 30 are exhilarating. Let's embrace this chance to bolster our Bitcoin holdings and set ourselves up for a prosperous future.
Please do not hesitate to reach out if you have any questions via the comments.
I am wishing you abundant success and happiness in your Bitcoin ventures!
Bitcoin's Bullish Inverse Head and Shoulders PatternToday, I bring exciting news about Bitcoin that might ignite your trading instincts. Bitcoin has recently formed a bullish inverse head and shoulders pattern, indicating a potential upward trend that could lead to significant gains. This pattern has caught the attention of many seasoned traders eagerly positioning themselves for potential profits.
Let me briefly explain its significance for those unfamiliar with the inverse head and shoulders pattern. This technical pattern is formed when a cryptocurrency's price experiences three distinct lows, with the middle low (the "head") being lower than the surrounding two lows (the "shoulders"). The formation resembles a head placed between two shoulders, hence the name. When the price breaks above the neckline, which connects the highs of the shoulders, it often signals a bullish reversal and a potential uptrend.
Now, why should you be excited about this pattern? Historically, inverse head and shoulders patterns have proven to be reliable indicators of upward price movements. They have signaled significant rallies, and many traders consider them strong buy signals. While past performance does not indicate future results, it's worth noting that this pattern has often provided traders with profitable opportunities.
Considering the current market sentiment and the growing interest in cryptocurrencies, now might be the perfect time to set up your Bitcoin positions. By capitalizing on this bullish inverse head and shoulders pattern, you can ride the wave of a significant price surge. However, as with any investment, conducting research and making informed decisions that align with your risk tolerance and trading strategy is crucial.
To help you take advantage of this exciting opportunity, I encourage you to explore various trading platforms that allow you to establish Bitcoin positions quickly. Whether you prefer traditional exchanges or user-friendly mobile apps, numerous options are available to suit your needs. Take the time to analyze the features, security measures, and fees associated with each platform, ensuring you select one that aligns with your requirements.
Successful trading requires discipline, patience, and a thorough market understanding. Stay informed, watch the latest news and developments, and never invest more than you can afford to lose. The crypto market can be volatile, but it can also be advantageous with careful analysis and strategic decision-making.
So, dear Bitcoin traders, seize this opportunity to profit from the bullish inverse head and shoulders pattern. Set up your Bitcoin positions confidently and embark on this exciting trading journey. May the markets be in your favor!
Is SMA 100 the Ultimate Indicator for Bitcoin Traders?Are you tired of constantly searching for the perfect indicator to time your orders? Look no further because SMA 100 might be the answer you've been searching for!
SMA 100 is a simple moving average that calculates the average price of Bitcoin over the past 100 days. It is a powerful tool that can help you identify trends and make informed decisions about when to buy or sell Bitcoin.
What makes SMA 100 so reliable is its ability to filter out short-term price fluctuations and focus on long-term trends. This means it can help you avoid making impulsive trades based on temporary market movements and make more strategic decisions based on the overall trend.
Not only is SMA 100 reliable, but it is also straightforward to use. All you need to do is add the indicator to your chart and watch for crossovers between the Bitcoin price and the SMA 100 line. When the price crosses above the SMA 100 line, it could signal to buy, and when it crosses below, it could be a signal to sell.
So, are you ready to take your Bitcoin trading to the next level? Consider watching SMA 100 for Bitcoin timing of orders and see how reliable and straightforward it can be. Take advantage of this opportunity to improve your trading strategy.
Bitcoin stagnatesIs there a sense of concern regarding the current state of the BTC market? As you may have noticed, BTC has stagnated while the RSI remains above 50, and the MACD has declined into negative territory.
These indicators suggest that we may be entering a bearish phase and need to act accordingly. While it can be tempting to hold onto our BTC in the hopes of a rebound, it is crucial to consider the potential risks.
That is why I am encouraging you to consider selling your BTC now. We can minimize our potential losses and protect our investments by taking action now.
Of course, the decision to sell is ultimately up to each trader. However, I strongly urge you to look closely at the current market conditions and make an informed decision based on your risk tolerance.
BTC Breakout Alert! Blackrock ETF Speculation Sparks Bullish RSIThere is some exciting news to share with you today. Bitcoin has broken out of its recent range and shows bullish solid momentum. This is due to the speculation of Blackrock ETF, which has caused the RSI and MACD to turn bullish.
As you know, Blackrock is one of the world's largest asset managers, and if they launch a Bitcoin ETF could be a game-changer for the cryptocurrency market. This news has already caused a surge in Bitcoin's price, and the momentum will continue.
If you haven't invested in Bitcoin, now is the time to consider it. The market shows bullish solid signals, and the potential for significant gains is high. Bitcoin has proven to be a resilient asset, and with the backing of a company like Blackrock, it could soar to new heights.
So, what are you waiting for? Don't miss out on this opportunity to invest in Bitcoin. The time is now with the Blackrock ETF speculation and bullish RSI and MACD.
Bitcoin Breaks Out of Its Ichimoku Cloud - Time to Trade BTC!Are you ready for some exciting news? Bitcoin has broken out of its Ichimoku cloud and is moving towards $29,000! This clearly indicates that the bulls are in control and the cryptocurrency is on a bullish trend. As a result, it's time to consider trading BTC.
Bitcoin has been on a rollercoaster ride this year, fluctuating wildly. But with this recent breakout, we believe the cryptocurrency is on its way to new heights. The Ichimoku cloud is a powerful technical indicator that shows the trend of an asset, and when Bitcoin breaks out of it, it's a strong signal to buy.
If you're not already trading BTC, now is the time to start. Don't miss out on this opportunity to profit from the cryptocurrency market. Bitcoin is the most popular and widely traded cryptocurrency, showing no signs of slowing down. With its strong fundamentals and growing adoption, we believe that Bitcoin is the future of money.
In conclusion, Bitcoin is breaking out of its Ichimoku cloud and heading towards $29,000.
My bitcoin's analysis preferred alternative count On this bitcoin's daily chart, is showed an alternative to the first analysis, which suppose 5 waves are complete, and are followed by a combination three. there is a cluster arround the green zone, it represents a zone of confluence between the whole impulse retracement of 38.2% and the third wave's retracement of 50%, but there's more.. this zone is approximatly where W equals Y at one condition of course, and that is the top of intermediate wave (1) isnt overlapped, that puts the odds for another downmove arround the green zone, but as always confirmation is needed to validate this count in some form of reversal candlestick pattern or depending on each one's tool to validate the move , lets wait and see ...
down below is my first count of the move, and as in every tecnical aspect of financial markets, the analysis is general , but the risk and the interpretation are unique to each investor
Bitcoin is having a blast this year! Are you in?I hope this idea finds you well and your Bitcoin wallets even better! We all know that Bitcoin has been on a rollercoaster ride for the past few years, but it's been nothing short of amazing this year. Yes, you heard it right! Bitcoin is having a great year, and everyone must admit it.
From January to April, Bitcoin has increased by over 100%. That's right, folks! 100%! And it's not stopping there. With the recent market trends, it's safe to say that Bitcoin is on its way to the moon.
I know some of you may be hesitant to jump on the Bitcoin trading bandwagon. But let me tell you; it's not too late to join the party. It's never too late to start trading Bitcoin. You only need knowledge, passion, and a reliable trading platform.
So, here's my call to action for all of you. If you haven't already, consider Bitcoin trading. Trust me; it's a world of fun and profit. And for those already trading, keep up the good work, and let's enjoy this Bitcoin boom together.
In conclusion, let's all raise a glass to Bitcoin's great year so far. Cheers to the future of Bitcoin trading, and may we all reap the benefits of this digital gold.
BTCUSDT liquidity warBy breaking the support of 26,700, liquidity was provided for the price to return to the top. Now guess what? Where is the next closest Liquidity? Just above the 30k range. intact and awaiting to grab.
⚠️"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help."
BTC/USD (Bitcoin) - 6 Month Uptrend Support Level Test - DailyBitcoin (BTC/USD) price has been downtrending inside a falling wedge pattern for the past 3 months.
Price is currently below the 6 month uptrend support trendline, and is testing the $25000 zone.
If the Bitcoin price closes and continues to fall below $25000, the 6 month uptrend could be at risk.
The next one to two months of Bitcoin price action will likely determine if the uptrend continues or not.
Support Price Levels above $25000 to $20000 must hold for the uptrend to continue in 2023.
Support Price Levels: $25000, $23000, $21000, $20000.
Resistance Price Levels: $27000, $28000, $29000, $30000.
Weekly and Monthly consolidation of Bitcoin was likely due to negative catalysts such as: SEC and CFTC lawsuits against USA crypto exchanges, crypto regulation changes, inflation, decline of metals and commodities, low consumer sentiment, regional bank crisis, recession risk, etc.
US CPI past trends and future forecasts.The cryptocurrency market has been quiet of late, with bitcoin continuing to oscillate in the $27,000 range since early June. According to The Block Research, bitcoin's annualized volatility is currently around 32%, a significant drop from its historical average of 71%, and is currently lower than even Meta and Amazon stock.
Bitcoin bull market to start by end of Q3
Arthur Hayes, co-founder of BitMEX, wrote an article on the 2nd predicting that the real bitcoin bull market will start by the end of Q3 to early Q4 of this year, giving reasons why, contrary to traditional monetary theory, a rise in interest rates will lead to a rise in the volume of money and inflation, rather than a fall, due to current debt and production output conditions.
Arthur Hayes believes that US inflation will bottom out and start to rise slowly, which means that the Fed will probably pause in June and then resume rate rises in July, with the policy rate likely to be close to 6% by the end of August, and that higher rates will increase the interest paid on RRP (reverse repo) and IORB (interest on reserves rate) balances, which in turn will increase the amount of money printed by the Fed:
All these interest payments are in effect a stimulus package for the rich. What will rich asset holders do when they have more money than they need? They will buy risky assets, gold, bitcoin, AI tech stocks, etc. will all be the beneficiaries of this 'wealth' printed by the government and paid out in the form of interest.
When the money printing machine starts working, bitcoin will boom!
Bitcoin is estimated to rise above $70,000 next year
Previously, Arthur Hayes made a specific prediction for the price of Bitcoin during his appearance on the Podcast show 'What Bitcoin Did' last week. He doesn't think Bitcoin will reach a record high of $70,000 this year, but it has a chance next year, but then it will top out in 2025 or 2026 due to the many risk factors surrounding the world:
I don't think bitcoin can hit $70,000 this year, but it can next year, and then in 2025, 2026, the price will skyrocket, and then it's Armageddon.
btc 25000 soonBitcoin update
Friends, the bottom of the ascending channel is marked with black lines and the price should return from there.
But according to the Dominance Tether candles and the rising channel that it has formed, the bit may come out of its rising channel...
What happens if the bit is removed from this channel? If it comes out, I will give you an update (the range is 23000 thousand and probably the last target of Dominance Tether)
BitcoinFor the first time in a long time, the price of Bitcoin has moved out of the channel range. In order for it to return to the channel, something significant and positive needs to happen in the market that would trigger a pump. Currently, we only see a potential interest rate increase, possible rise in the dollar index, and discussions about recession and ways to solve these issues. There is no talk yet about risk-on assets. These factors lead to the thought that there may be a final short squeeze before a downward movement or an immediate downward trend. If we look at previous summer months, they have often been associated with a decline. What are your thoughts on this?
BTC the most likely scenarios !BTC / USD
Recently, BTC shows very little volatility
Actually this always happens before a big move so be ready soon
From my point of view BTC is likely to bounce from one of these structures in my chart :
– Structure 1 : Triangle pattern
price till now still holding above 27-26.5k local support which can make a bounce from current levels
– Structure 2 : high TF support
Price can drop to hit 24-25k which act as strong support in high time frames (my last analysis idea)
– Structure 3 : CME gap
CME gap is around 20k Which can be filled too
Which structure do you think will happens and why
Let me know in comments section below ⬇️