BITCOIN - Weekly Outlook 13/02/24'Hello everyone,
hope you guys doing great.
So those who follow know, that my close monitoring and breaking down chart payed off...
Since we was able to recognize that probabilities of reverse shifting and favouring Upside price targets when Price was refusing to go lower under price level I ment in last updates..
So hope everyone bagged some profits already, and if not, its still great time to do right now as we sits just around 50k which is GREAT price for some profit taking for several reason, more about why you can find inside ↓↓↓ ...
As for WHAT Im doing RIGHT NOW - is that I closly follow lower time frame charts 5min/15min and 1h...
Since Im of opinion that we rallied A LOT already and is Tuesday, which following my data shows as a day with the MOST Liquidity reverses (meaning, we go for Sellside liquidity)..
So with that in mind and aswell upcomin US CPI numbers Im alerted that there is highier chance of revisiting Lower prices then sustained rallie on upside.. BUT!! even in this scenario Im thinking that is still possible that price can rallie a bit highier (51k to 51,8k max.) BEFORE reversing... at least for this WEEK!
-- In simple terms, I think we can rallie today up to 51,8k MAX! as a possibility, but Its Low% chance BUT if its happend, IT WILL BE GREAT SHORT ENTRY PRICE for me! --
--- IN THE SAME TIME - I think we are in GREAT SHORT PRICE entry RIGHT NOW, since, we already rallied a LOT, and above ment price is only 2% max.3% highier.. and since its possible we dont get that PERFECT entry area around 51k... it would be SMART to follow lower time frames as I ment, and entry "smaller" position In correct time, before building that short trade more ---
Hopefully, this helps some of you with your perception of market.
If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks
Joe
Cryptonews
Bullish Week Ahead for BTC? 🌞 Time to Long?Cryptocurrencies rose sharply on Friday and over the weekend, with the price of Bitcoin surging close to its cycle high reached mid-January. This in turn triggered a massive wave of liquidations, wiping out millions of dollars.
The price of Bitcoin was up 0.3 percent at 48,300 dollars over the past 24 hours, compared to 46,300 dollars on Friday.
A bullish sun shines over Bitcoin, Ether and Binance Coin in the next 24 hours and over a one-week horizon, signaling upward potential. As for Ripple’s XRP, Avalanche and Polkadot, they will face bearish clouds, rain or even a storm, indicating downside risk over the short and medium term.
The outlook is mixed for Cardano, Dogecoin, Uniswap and Polygon which face clouds in the coming 24 hours, but sun and upside potential over a one-week horizon.
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Baby Bonk at $10M Market CapConsidering that this token is only at $10M market cap and BONK is at SEED_TVCODER77_ETHBTCDATA:1B market cap, we can expect this token to get to the SEED_TVCODER77_ETHBTCDATA:1B market cap region within the next couple months (Perhaps even weeks :o). The Baby Bonk team is on point with their marketing and are very active on social media. Already , 95% of the token's supply is in circulation, with plans to release the token on more centralized exchanges in the (very) near future, alongside the centralized exchanges that already list the token.
Not financial advice. Good luck, and God speed. TO THE MOON!!!
BTC 24H & 7D Forecast - Very Bullish 🌞 Is It Too Late to Buy? Cryptocurrencies had wind in their sails over the past 24 hours with investors continuing to pour money into crypto assets. The price of Bitcoin rose to a one-month high, trading 4 percent higher at roughly 46,350 US dollars over the past 24 hours.
This upward trend is due to a combination of factors: inflows into the nine spot Bitcoin exchange traded funds (ETFs) approved a month ago were, for instance, the third highest since their launch on Jan 11 – 403 million dollars. Turmoil in the US regional bank sector drives investors from traditional banking to crypto, viewed as a safe haven. The start of the Chinese New Year tomorrow Saturday is also believed to be a supporting factor.
Additional upside potential ahead for Bitcoin, Ether and Binance Coin in the next 24 hours and over a one-week horizon, according to ATTMO’s forecasts. This bullish sun will also shine over Ripple’s XRP, Polygon and Chainlink.
However, Cardano, Polkadot and Avalanche will face bearish clouds and downside risks in the coming 24 hours. Over a one-week horizon, Litecoin and Dogecoin will also be subject to bearish trading conditions.
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XRP Bearish ☁️ Over the Next WeekEarlier this week, a New York court ruled that Ripple Labs must make its financial statements for 2022-2023, as well as other documents requested by the Securities and Exchange Commission (SEC) public by Feb 12. Ripple has now asked the judge to extend this deadline by eight days to Feb 20, court documents show. The SEC has accepted this request.
The price of XRP increased 2.2 percent to 51 cents over the past 24 hours.
ATTMO shows that Ripple’s XRP, Avalanche and Polkadot will face bearish clouds and downside risk in the short-term and medium-term horizon. However, a bullish sun will shine over Bitcoin, Ether, Binance Coin and Cardano in the next 24 hours and week, signaling upside potential.
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ETH Bullish Forecast 🌞 - Upside Potential Over the Next WeekThe Securities and Exchange Commission (SEC) has, as expected, delayed its decision of Invesco’s and Galaxy’s applications for spot Ether exchange traded funds (ETFs).
“The only date that matters for spot #ethereum ETFs at this time is May 23rd. Which is @vaneck_us's final deadline date,” noted Bloomberg’s ETF analyst James Seyffart.
The price of Ether rose 2 percent to 2,368 dollars over the past 24 hours.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Ripple’s XRP, Cardano and Avalanche facing bearish clouds and downside risks according to ATTMO. As for Ether, Litecoin, Binance Coin and Dogecoin, they should all profit from a bullish sun and upside potential.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Ethereum and Chainlink, while the other altcoins covered by ATTMO are set to face bearish clouds.
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BTC Bearish 24 Hours ☁️; Yet, Next Week Bullish 🌞?Crypto coins rose over the past 24 hours with investor sentiment boosted by strong earnings from tech giants. Concerns about the financial health of some US regional banks also led some investors to switch away from traditional finance into crypto assets.
The price of Bitcoin rose 0.5 percent to roughly 43,000 US dollars over the past 24 hours. Its price has oscillated around this level over the past month. The founder of MN Trading, Michaël van de Poppe, foresees a correction to 42,000 dollars, before a push to 48,000-50,000 dollars prior to its halving.
“The Bitcoin halving is set to occur on 17 April 2024. The 365 days after the Halving offer the best risk-reward opportunity to long Bitcoin historically. This is the exact window where the rate of change of the supply growth rate gets compressed and declines by more than -4% a month,” the founder of Capriole Fund, Charles Edwards said.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Ripple’s XRP, Cardano and Avalanche facing bearish clouds and downside risks according to ATTMO. As for Ether, Litecoin, Binance Coin and Dogecoin, they should all profit from a bullish sun and upside potential.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Polygon and Chainlink, while the other altcoins covered by ATTMO are set to face bearish clouds.
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TRX-USDT / 4H / TECHNICAL ANALYSISBINANCE:TRXUSDT I have set the resistance at 0.13017, support at 0.09559, and the daily pivot point at 0.10475 for TRXUSDT. My target is 0.12308, and this target remains valid as long as the trend line is not broken.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
ADA Bearish ☁️ - Downside Trend On the 3-Day & 1-Week HorizonsThe prices of cryptocurrencies were little changed over the past 24 hours as investors digested the past days’ signals that the expected US rate cuts will be delayed until May or later.
Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Litecoin, Cardano and Polkadot facing bearish clouds, according to ATTMO. As for Ether, Binance Coin and Ripple’s XRP, they should all profit from a bullish sun.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Polygon and Chainlink, while the other altcoins covered by ATTMO are set to face clouds and downside risks.
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MULTI/USDT BINANCE:MULTIUSDT
This idea has a medium-term profit target.
All targets are indicated on the graph.
- Risk 0.5% on deposit
- R/R 1/2
P.S ( This is not an investment recommendation, this is my personal opinion .
ETH Short-Term Bullishness ☀️; Bearish Trend in 3 Days ☁️Mixed trading conditions lie ahead in the next 24 hours, with Ethereum and Binance Coin profiting from a bullish sun, indicating upside potential. The price of Ether already added 1 percent to 2,330 dollars. Yet, bearish clouds are lingering over Bitcoin, Litecoin, XRP and Avalanche in the next 24 hours.
Over a one-week horizon, the trading conditions will improve for Bitcoin, which should profit from this bullish sun. However, most of the other altcoins covered by ATTMO will face bearish clouds and downside pressure over this longer time horizon.
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BTC 24H Forecast Bearish ☁️; More ☀️ Next WeekThe price of Bitcoin rose 0.9 percent over the past 24 hours to roughly 43,160 dollars. The world’s largest cryptocurrency has been trading around 43,000 dollars over the past week and is down more than 12 percent from its cycle high reached when the Securities and Exchange Commission (SEC) approved 10 spot Bitcoin ETFs on Jan 10.
Mixed trading conditions lie ahead in the next 24 hours, with bearish clouds lingering over Bitcoin, Litecoin, Ripple’s XRP and Avalanche in the next 24 hours. Ether and Binance Coin will, however, profit from a bullish sun, indicating upside potential.
Over a one-week horizon, the trading conditions will improve for Bitcoin, which should profit from this bullish sun. However, most of the other altcoins covered by ATTMO will face bearish clouds and downside pressure over this longer time horizon.
ETH Sees Bullish ☀️ In the Next 24 Hrs; Bearish ☁️ In 1 Week Ethereum, Ripple’s XRP and Cardano will profit from a bullish sun in the next 24 hours, according to ATTMO.
The Hong Kong-based asset manager Venture Smart Financial Holdings (VSFG) plans to apply for a spot Ether ETF in Hong Kong during the second quarter, conditional on the approval of its spot Bitcoin ETF during the first, the Block reports.
The price of Ether rose 1.5 percent to 2,306 dollars over the past 24 hours.
Meanhile, Bitcoin, Binance Coin and Avalanche are set to face bearish clouds over the same time horizon.
Over a one-week horizon, this bullish sun will shine over Bitcoin, Dogecoin and Polygon, signaling upside potential. Bearish clouds will, however, sweep over Ether, Litecoin, XRP, Cardano and Binance Coin, indicating downside pressure ahead.
ETH Bullish Day and Week Ahead ☀️Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US.
The price of Ether was up 2.5 percent over the past 24 hours, and it has even more upside potential over the next week. According to ATTMO, a bullish sun will shine over Ethereum, Bitcoin, Binance Coin and Ripple’s XRP in the next 24 hours, while bearish clouds will linger over Avalanche, Dogecoin and Polkadot.
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