Bitcoin Update - Trend Change Looks to be in the Works.Traders,
Happy Memorial Day to my U.S. friends. A couple of noticeable updates on our Bitcoin chart here as a debt ceiling deal looks to have been struck.
First, let's start at the bottom of our chart here. We have broken to the topside of the channel we have made and have been mostly in/under since Jan. of this year. This is bullish!
Next, I mentioned in my last video, a new neckline that some technicians may have already spotted and had been utilizing. This starts the top of the green area in the chart which I am calling the neckline. This is the neckline of our larger Cup and Handle pattern and, as you know, I had been calling for a retest of this area for over two months now. Even though the touches were brief and only wicks down, they count. We have out retest. This is bullish!
Third, look at that long green candle up. We closed up and created a new pivot high. This is bullish!
Fourth, we broke above that black trend line. This is bullish!
Fifth, if we can stay above that trend line upon close today ....This is bullish!
Should the debt ceiling deal in the U.S. fall through for whatever unknown reasons, that would be bearish. Otherwise, get ready to fire up those buy orders again soon.
Stew
BTCUSDC
Why ETH offer double return over BTC in the last year? I hope you're doing great! I wanted to share some exciting news with you about the performance of Ethereum (ETH) over the last year.
As you may know, Bitcoin (BTC) has been the talk of the town for quite some time now. However, ETH has been silently outperforming BTC over the last year. ETH has grown over 5.7% in value in the previous 12 months, while BTC has last only 6.06%. That's right, and ETH has nearly doubled the growth of BTC!
This clearly indicates that ETH is becoming a more valuable and reliable investment option. And with the recent upgrades to the Ethereum network and the growing popularity of decentralized finance (DeFi), the future looks even brighter for ETH.
So, if you're looking to invest in a cryptocurrency with a higher potential for growth and stability, I highly recommend investing more in ETH over BTC. Don't miss out on this opportunity to join the ETH revolution!
Thank you for your time and consideration. Happy trading!
Time to Buy BTC: USA Debt Negotiations and its Impact on BitcoinToday, I want to discuss the USA debt negotiations and their potential impact on Bitcoin. As you may know, the United States is facing a severe debt crisis, and the government is currently negotiating a solution. This has caused much uncertainty in the market, with many investors wondering what the future holds for various assets, including Bitcoin.
However, there is good news for us Bitcoin investors. Historically, Bitcoin has performed well during economic uncertainty and political turmoil. As a result, Bitcoin has often been referred to as a " haven" asset, which means it tends to hold its value or even increase in value when other assets are experiencing volatility.
So, what does this mean for us? First, it means there is a good chance that Bitcoin will go up after the USA debt negotiations are concluded. As a result, investors may turn to Bitcoin to protect their wealth during uncertain times. Additionally, the fact that Bitcoin is a decentralized currency not tied to any government or financial institution makes it an attractive option for those concerned about the stability of traditional money.
As a Bitcoin investor, this is an exciting time for us. We could capitalize on the potential growth of Bitcoin and increase our wealth. So, I encourage you to act and buy Bitcoin now before the price goes up.
If you're new to Bitcoin, don't worry! There are many resources available to help you get started. You can find information online, join Bitcoin communities, or even talk to a financial advisor specializing in cryptocurrencies.
In conclusion, the USA debt negotiations may positively impact Bitcoin, and as investors, we should take advantage of this opportunity. So, let's buy Bitcoin and watch our wealth grow!
$BTC SHORT TERMHonestly I don't like to update CRYPTOCAP:BTC In the short terms
But for now I see that the price make liquidity sweep if break 27098.28
So here we should looking for short not long as other people do.
And if the price doesn't break it We will stay in up trend, And the price will go
to next OB>>
So Good Luck And take care For Your Trade.
btc transaction analysis
The trading strategy analyzed by everyone earlier, I believe that all friends who keep up will have great profits.
btc trading is expected to fluctuate and fall this week, focusing on 27400-26650-26150, I will choose to look for trading opportunities at these three points, keep up with me, and I will share more accurate trading signals with you.
Next, I will continue to provide more trading signals with an accuracy rate of more than 90%. If your trading results are not satisfactory to you, then you should join me as soon as possible!I will make your account profitable every week to reach more than 8K-15Kusd
BTC trading signal analysis
Just like the analysis I gave you earlier, we successfully achieved our expected profit target in the last trading cycle.
The current trend of the market is relatively stable. I judge that there will not be much volatility in the short term. Friends who have already made a profit in the last trading signal can consider choosing to short at the right point.
Specific trading strategies:
BTC:sell@27500-27600 TP26600-26400
Next, I will continue to provide more trading signals, and the weekly profit can reach more than 5K-10Kusd. If you need signals, join me as soon as possible!
BTCUSD Rdy for 44K PUMP🧨🧨🧨In the analysis done for you friends, the trend of Bitcoin will be upward in general, but it must complete wave 4, and from the point of view of Smart Money, it should see $24,920, then continue its upward trend, and wave 5 can give good profits to its shareholders. . After hitting the 24,920 range with a strong trend, we will move to the 32,376 range. After breaking this range, the last target for 2023 is $42,979 to $44,000. So if you are considering selling, I have announced the best range to exit.
BTC very interesting fractal !BTC / USDT
BTC is making a very interesting fractal
The left side chart is 2016 and right side is today
If this repeats then be ready for a surprise 50% pump from here (unexpected for the majority of traders)
This scenario is also considered the 1st structure I shared with you in my last analysis …check attachment below
Most of pepole now will vote for major bearish wave which could be a main reason for pump (may be not 50% but hit of their stoploss /taking liquidity before dropping looks reasonable)
is this scenario possible? Agree or not ?
Share with me in comment section below ⬇️
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
bitcoin short setup BTCUSDT SELL Now
price now is: 27500$
Sl: 27800$ , -300$
Tp: 26900$ , +600$(1:2)
TP2: 26500$ , +1000$
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
bitcoin short setup Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.
BTCUSDT Pending SELL
At Price: 27300$
Sl: 27500$ , -200$
Tp: 26900$ , +400$(1:2)
TP2: 26600$ , +700$
TP3: 25300$ , +1000$
TP4: 25300$ , +2000$