BLK - Strong uptrend is intact with new highs Upward trend, which started from the covid bottom of 2020, continues.
The total assets managed by the company reached 11.5 trillion USD, with an annual increase of 2.4 trillion USD.
The company increased its quarterly revenues by 15% to $5.197 billion, exceeding expectations of $5.007 billion.
Earnings per share for the last quarter were $11.46, above expectations of $10.38.
The shares of the company, which announced a net profit of $1.6 billion in this quarter, exceeded the 2021 high level of $970 and reached $990, and its current market cap is $147 billion.
The stock, which has a dividend yield of 2%, is trading with a price-earnings ratio of 24.
ETF
BTCUSD - Bitcoin's good performance will continue in September?!Bitcoin is above the EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel
Risk ON sentiment in the US stock market or investing in Bitcoin ETF funds has led to its continued upward movement, and you can look for Bitcoin sales positions within the specified supply zone
Capital withdrawals from Bitcoin ETFs or risk OFF sentiment in the US stock market will pave the way down for Bitcoin, which can be sought for Bitcoin buying positions within the defined demand zone
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
NiftyBees Trading Strategy Using EMA LevelsObjective:
This strategy outlines a simple approach to buying NiftyBees based on 50EMA, 100EMA, and 200EMA levels, and how to gradually increase your position.
Key Steps:
50EMA Buy:
Buy 1/3rd of your total planned investment when the price hits the 50EMA.
Reason: Signals short-term bullish momentum.
Example: If your total budget is ₹90,000, buy ₹30,000 worth at 50EMA.
100EMA Buy:
Buy 2/3rd of your total planned investment at the 100EMA.
Add 25% to your previous 50EMA position.
Reason: Shows stronger medium-term momentum.
Example: Buy ₹40,000 at 100EMA and add ₹10,000 (25% more from 50EMA purchase).
200EMA Buy:
Buy 2/3rd of your total planned investment at the 200EMA.
Add 50% to your previous 100EMA position.
Reason: Indicates potential long-term reversal.
Example: Buy ₹60,000 at 200EMA and add ₹20,000 (50% more from 100EMA purchase).
Conclusion:
This strategy helps you build your position in stages, reducing risk and improving your average price over time. It uses key EMA levels to guide when and how much to invest, helping you benefit from market dips while maintaining a disciplined approach.
MAGS (Roundhill Magnificent Seven ETF)... Time to BUY?
MAGS (Roundhill Magnificent Seven ETF)
Weekly TF shows price has pulled back into the +FVG after displacing above the intermediate swing high, completing an External to Internal move. That high intersects the +FVG nicely as confluence of support.
Daily TF shows a Daily +FVG nested within the Weekly +FVG, serving as more confluence of support.
The idea here is if the +FVG holds, price will seek the buy side liquidity highlighted. This would be an Internal to External liquidity movement.
The local high at **48.00** is nice round number to draw price. **50.00** is the longer term draw on liquidity.
*The Roundhill Magnificent Seven ETF offers equal weight exposure to the “Magnificent Seven” stocks – Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla. MAGS is the first-ever ETF to track the Magnificent Seven.
Bitcoin's good performance will continue in September?!Bitcoin is located between EMA50 and EMA200 in the 4H time frame and is trading above the $60,000 level
Risk on sentiment in the US stock market or investing in Bitcoin ETF funds has led to its continued upward movement, and you can look for Bitcoin sales positions within the specified supply range
Capital withdrawals from Bitcoin ETFs or risk off sentiment in the US stock market will pave the way down for Bitcoin. The target of this downward movement will be the level of 63 thousand dollars
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market, and compliance with capital management in the cryptocurrency market will be more important
Rule of 160: History Predicts Start Of Bull-Run This Week!In this analysis I want to take a closer look at previous bull-cycles and Bitcoin's behaviour in the months following the halving.
The vertical yellow line is the date of the halving. The purple rectangle is the price action of the 160 days following the halving.
We can very clearly see a few interesting similarities between the last three cycles:
- The price pumps prior to the halving.
- The price trades sideways for 160 days after the halving.
- The "real" bull-run starts after the sideways price action has ended.
If we follow the Rule of 160, the start of the next big bull-run would be somewhere around 27 september, which is this week!
I'm aware that market conditions are different now than they were back then. Still, BTC is a very cyclical asset and has historically followed calendar based trends.
There's data to suggest that we have to come down (check my previous posts), but there's also data like this that suggests that the price will increase.
Time will tell. Interested to hear your opinions!
Bitcoin - Where will Bitcoin go after the interest rate cut?Bitcoin is above the EMA50 and EMA200 in the 4H timeframe and is trading above the $60,000 level
Risk On sentiment in the US stock market or investing in Bitcoin ETFs has led to its continued upward movement, and you can look for Bitcoin buying opportunities by maintaining the drawn upward trend line and not breaking it
Capital withdrawals from Bitcoin ETFs or risk Off Sentiment in the US stock market will pave the way for Bitcoin to decline. Selling will be justified after a valid break of the specified support area
Bitcoin - Bitcoin reached 60K$!Bitcoin is located between the EMA50 and EMA200 in the 4H time frame and is trading in its descending channel
Risk On sentiment in the US stock market or investing in Bitcoin ETFs has led to its continued upward movement, and you can look for buying positions after Bitcoin corrects to the specified demand zone
Capital withdrawals from Bitcoin ETFs or risk Off sentiment in the US stock market will pave the way for Bitcoin to decline. Sales from the specified supply zone will be rewarded with appropriate risk
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
SPY: Short-Term Selloff Anticipated After Fed Rate Cut DecisionIf you haven`t bought the recent dip on SPY:
Now you need to know that as the Federal Reserve approaches its rate cut decision this week, speculation is high that we may see a larger-than-expected cut of 50 basis points rather than the anticipated 25. This could trigger a short-term selloff in equities, including the SPY (S&P 500 ETF), despite the initial market reaction.
The market often exhibits a “buy the rumor, sell the news” behavior, and this situation could be no different. With expectations set for a 25 basis point cut, a surprise 50 basis point reduction might lead to concerns about the underlying economic conditions. This could prompt a selloff in major indices, including SPY, as traders and investors react to the Fed’s unexpected move.
In the immediate aftermath of the Fed decision, SPY might see a brief uptick as market participants adjust their positions and optimism prevails. However, this short-term rally could be quickly overshadowed by a broader correction. As the market digests the implications of the Fed's actions and potential economic concerns come to light, SPY is likely to experience a pullback.
For those looking to capitalize on this potential downturn, the $550 strike price puts expiring on October 18, 2024, could be a prudent choice. These puts offer a strategic way to hedge against or profit from the anticipated short-term decline in SPY. Given the expected correction following the Fed's rate cut, this option could provide significant value as SPY faces downward pressure.
While SPY may experience an initial rise in response to the Fed’s decision, the broader market sentiment is likely to shift towards risk aversion, leading to a correction in the weeks following the announcement. By October 18, the broader market and SPY could be reflecting these adjustments, making the $550 puts a timely investment.
In summary, while SPY might see some early gains next week, a correction is expected to follow as the market reacts to the Fed’s decision. The $550 strike price puts expiring on October 18, 2024, could offer a valuable opportunity for those anticipating this short-term volatility.
$BTC doing exactly what we said...Was away and have not posted here in some time. Was away and had a few things neded to take care of. Please see profile for more info on that.
Will consolidate everything we have said on #Bitcoin over last few days.
CRYPTOCAP:BTC was worth a shot early this week or late last week. We bought overnight Sun - Mon.
Mid 60's is likely around the corner.
Don't see #BTC in the high 60's but 67k is definitely possible.
Buy volume is still WEAK. Not crazy about that BUT at least it has been more buys, sellers might be done for now.
Bitcion - buy positions!Bitcoin is located between the EMA50 and EMA200 in the 4H time frame and is trading in its descending channel
Bitcoin moved in the direction of its bullish analysis of the previous day and reached the target
Risk on sentiment in the US stock market or investing in Bitcoin ETFs has led to the continuation of the upward movement and it is possible to look for positions to buy it from the demand zones
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Key Signals Point to a Bitcoin ReversalCurrently, Bitcoin's price is hovering around a strong support level in the short term, and we're seeing early signs of a potential reversal pattern, possibly forming a macro (inverted) head-and-shoulders setup. Based on other technical indicators, this region between $47k and GETTEX:54K is likely to attract significant buying interest, positioning it as a key accumulation zone for long-term holders and institutional buyers alike.
- The only thing that could stop us now is a recession, but do you think that will happen?
- How many times we saw fud lately for Bitcoin, but also stocks?
- Is there volatility and fear in the stock market, yes.
- But when we see extreme fear. What should you do?
.. I'm loading heavily on these levels.
Let me explain once more the bullish fundamentals that should bring us above the ATH neckline:
Institutional Adoption: Large financial institutions, hedge funds, and corporations continue to accumulate Bitcoin as a hedge against inflation and as an alternative asset class. This influx of institutional capital is providing long-term stability and driving up demand.
Increasing Scarcity: With Bitcoin’s fixed supply of 21 million coins and a decreasing issuance rate due to halving cycles, the supply-demand dynamic is highly favorable. Each halving event further reduces supply growth, which has historically led to significant price increases.
Inflation Hedge & Store of Value: In times of rising inflation and currency devaluation, Bitcoin is increasingly viewed as digital gold. Its decentralized nature and limited supply make it a prime candidate for capital preservation in an inflationary environment.
Network Growth & Hashrate: The Bitcoin network's hashrate continues to hit all-time highs, signaling growing security and miner confidence. The expanding user base and increased global transaction volume further indicate that Bitcoin adoption is accelerating worldwide.
ETF Approval: The potential for the approval of Bitcoin ETFs in key financial markets like the U.S. could lead to a massive influx of retail and institutional investment, further boosting liquidity and price discovery.
Global Geopolitical Instability: Bitcoin is gaining traction as a hedge against political and economic uncertainty, with increasing use in countries with unstable fiat currencies or restrictive financial systems.
Major earnings are times to hedge or BTDAs far more eloquent and technical writers have covered (spotgamma, etc) - it's very clear that the markets in general are driven by single name options on the largest market cap companies.
And to help visualize just how much volatility can happen around earnings on these single names, I wanted to be able to visualize those earnings dates and impacts against some of the major benchmark ETFs like SPY or QQQ.
So far, I hadn't seen a place that gives this a more clear presentation so here is my first attempt at visualizing just how large the ripples are from the "megacaps" (AAPL, MSFT, NVDA, TSLA, etc) in a very "glanceable" way.
Introducing this indicator here first!
Earnings Date Highlighter - from0_to_1
Easily see the earnings dates from top market movers or the top holdings of your favorite ETF!
Bitcoin - Heavy Capital Exit from Bitcoin ETF After labour dayBitcoin is lower than the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel
The risk on sentiment in the US stock market or the entry of capital into bitcoin ETFs has resulted in the start of the upward movement, and after bitcoin in the specified supply zone, it can be entered into bitcoin sell
It should be noted that heavy fluctuations and shadows are possible due to the movement of whales in the market, and the capital management of capital in the cryptocurrency market will be more important
Bitcoin - Bitcoin is waiting for an important week!Bitcoin is below the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel. After reaching the supply range, Bitcoin has moved in its downtrend and is currently oscillating in its corner pattern
In case of risk off sentiment in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. You can enter sell trades after breaking the bottom of the specified pattern
In case of risk on sentiment in the US stock market or investing in Bitcoin ETFs has led to the failure of the pattern in the upward direction and it is possible to enter Bitcoin purchase transactions
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Bitcoin - Bitcoin reached 60 thousand dollars!Bitcoin is below the EMA50 and EMA200 in the 4H timeframe and is trading in its descending channel
In case of risk aversion in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. But it is better to enter into sales position within the specified supply zone due to the reward to the more appropriate risk
If Bitcoin reaches the demand zones and continues to risk on sentiment in in the US stock market or invest in ETFs, you can enter into purchase position from these zones
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
Crypto At A Crossroads: Is This Time Different?In this analysis we're going to take a look at TOTAL3, which is the total marketcap of crypto excluding BTC and ETH. In other words, all 'smaller' altcoins.
As seen on the chart, the altcoin market has been in a dire state since the start of April, almost 5 months at this point.
For now, the bearish channel pattern stays intact. I'm anticipating some kind of breakout in the near future, we simply can't trade within this pattern forever.
Looking at recent history, the bears have the short-term overhand since we rejected the top resistance yet again. However, once a support/resistance is used too many times the market anticipates it and will trade against it. This means that bulls might wait for investors to short in huge numbers and start to buy and cause a minor short-squeeze.
Personally, I'm leaning bullish. Alts have gotten a severe beating over the months and are currently looking quite attractive, especially with BTC trading around 63k and a very high BTC Dominance.
For now, we're in a grey area. Wait until this pattern breaks for long-term entries.
Bitcoin - Will the rise of Bitcoin continue?!Bitcoin is above EMA50 and EMA200 in the 4H timeframe and is trading in its ascending channel
The current price range will be very important in terms of determining the future direction of Bitcoin
In case of risk off in the US stock market or capital withdrawal from Bitcoin ETFs today, after the bottom of the ascending channel breaks, we can see a downward trend
In case of continued risk on in the US stock market or the entry of capital into ETFs, the path of climbing to the supply zone will be paved, and we will look for bitcoin sales positions in the supply zone
It should be noted that there is a possibility of heavy fluctuations and shadows due to the movement of whales in the market and compliance with capital management in the cryptocurrency market will be more important
ETHUSD - Ethereum will go below 2500 dollars?!Ethereum is below the EMA50 and EMA200 on the 4H timeframe and is trading in its medium-term bearish channel
If the upward and downward movement continues towards the specified supply and demand zone, you can look for Ethereum buying and selling positions with the appropriate risk reward
It should be noted that these zones are at the intersection with Ethereum's weekly pivot and transactions in these areas will be short-term.
BTCUSD -Bitcoin will go above 60,000$?!Bitcoin is below the EMA50 and EMA200 on the 4H timeframe and is trading in its descending channel
In case of risk aversion in the US stock market or withdrawal of capital from Bitcoin ETFs today, we can witness the continuation of the downward trend. We will look for Bitcoin buy positions within the specified demand zone.
In case of continued risk-taking in the American stock market or the entry of capital into ETFs, the path to the level of 64,000 dollars will be paved. But before that, we need to see the authentic breakdown of the descending channel
The Bitcoin LottoRemember when the excitement of the lottery was all about the potential of life-changing wins from just a small ticket price? Fast forward to today, and Bitcoin has emerged as the new frontier of that thrilling potential. Once priced at a humble $1,000, Bitcoin was accessible and brimming with promise. Today, with its value as high as $60,000, the landscape has undeniably transformed, offering new opportunities and considerations for investors worldwide.
Bitcoin isn't just a digital currency; it's a revolution that's reshaping financial markets, much like the anticipation of hitting the jackpot. However, unlike the traditional lottery, Bitcoin investment isn't purely about luck—it's about smart, informed decision-making, historical insight, and future potential. Imagine being part of a technological evolution that's not just a game of chance but also a calculated step toward financial empowerment.
When navigating these markets, you want to stay clear of the echo chambers. We have had tails of "98k next month and $135,000 In December" back in 2021.
The main issue with the sentiment at the current levels, are it seems everyone and their dog bought Bitcoin under $20,000 at the exact bottom. They were also calling longs at 69k.
It's an inflation beater, it's just had 12 ETF's approved, there's a price multiplier, sell your house and buy Bitcoin. It looks like Trump might win back the White House and of course, he has endorsed Bitcoin.
The question shouldn't really be "where does this go" instead it should be "why isn't it there yet".
I've joked a couple of times - If you bought a house at 69,000 in 2021 and now in 2024 it's worth 59,000 should you sell it or hold it, I have had replies like "You should have bought Bitcoin"...
This is not a bash against Crypto; it's knowing the value and understanding the perception vs reality dilemma.
The controlled aspect of the move up from 15k to 73 and that high being just enough of a liquidity grab much like 65k to 69k. Years apart, means there is a lot of control in an asset many claim "Cannot be controlled".
The sentiment was all about Freedom and liberty; no institutional control, no government control - Go Trump, Go Blackrock.
My questions remain, If you were lucky in at sub 10k prices - you have had a good trade (providing you profited obviously) Paper gains are not wins.
But where does the additional funding come from for a double of it's current price? Why are we not at 100k+ already after a Trump endorsement, a halving, a price multiplier, 12 ETF's approved?
The world of Social media has made it easier for keyboard warriors to catch every bottom, sell every top (yet never sell anything) and claim paper gains to the moon.
Investing doesn't need to be the same as a lotto ticket. It just needs a good understanding of why liquidity moves the way it does and who's side the profits usually come back to.
Anyway - food for thought this weekend! Have a good one.
Stay safe
ETH/USDT 1D Trade idea It's no secret, Ethereum has been struggling this Bullrun.
Outperformed by Solana and other new emerging L1's, a permabearish ETH/BTC chart and losing market share in terms of volume on chain to its competitors.
The daily chart is a difficult one to digest as a fan of ETH, despite the ETF approval and the institutional investment that has come with it, the trend is an obvious downtrend of late and shows no signs of changing anytime soon...
The ETH/BTC pair is a similar story only the downtrend has been the case for much longer, unable to keep up with bitcoins price gains. Bitcoin is currently -20% from its ATH set earlier this year, Ethereum is yet to break its previous ATH set in '21 of $4850, -47% at current price which is way off BTC.
For me there are two possible entries:
- A mid range reclaim would then target a range high move going into the end of the year.
- A safer entry of filling the wick set in the beginning of august with a slow grind down, sweep liquidity, reclaim and pump from there.
Both situations would require BTC to behave as always.