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$BTC gets great news, let's see how far it goesWas not going to post this but... Like clockwork, again. We noticed a slight BULLISH bias for $BTC. Even mentioned that there's huge demand for #crypto related #stocks. #BTC gets positive news today. Grayscale wins lawsuit against SEC for #bitcoin Spot #ETF. --- Previous post (see profile for more info) CRYPTOCAP:BTC is once again making case for BULLS short term. We'll see. 4Hr RSI getting stronger & can be seen on daily. Longer term #BTC has a GREAT case for bulls. However, don't be naive. Current area is not the best place for #bitcoin to build SUPPORT levels, 25k is much better, BUT it CAN!
CME:BTC1!
by ROYAL_OAK_INC
Mapping Out Bitcoin's Next Spot Buy Zones! 📈 "Mapping Out Bitcoin's Next Spot Buy Zones! 🚀🔍 As the market evolves, strategic entry points are key. Consider these levels: First Buy Zone: Around $23,500. A strong historical support level that could offer an attractive entry point. DCA Opportunity: If possible, consider adding to your position between $19,120 - $20,000. Dollar-cost averaging (DCA) can help manage risk and capture potential dips. Stay vigilant and patient as you navigate these potential buy zones. Remember, each move is a step towards building a resilient investment strategy. 📊💹 #Bitcoin #CryptoInvesting #BuyZones #DCA" 🚀🔍
Long
by SatoshiPremium
Is the Grimace a new potential gem?Hello, traders! Today I'd like to talk about Grimas coin This is a P2E project with a very active audience. Reasons why it should grow? The creator will not launch futures trading at the moment, as we know that futures lead to a drop in organic liquidity and more manipulation in the market due to leverage. He is constantly working on marketing, it has already happened that Mcdonalds itself is PR'ing Grimas and this is to his advantage. The marketing campaign has organized a fund to help underprivileged people, which is very good for social proof. It is also being PR'd by bloggers who are known in political circles. Who knows how this will impact further - time will tell. I would not like to say that the government has no impact on cryptocurrency, however, the cryptocurrency world is now closely tied to it. What about the technical parameters? We have a very long consolidation and a spike in volume to buy, there is a resistance zone around 7.4. Under current realities, once the number of limit sell orders falls near the upper boundary, then this coin will rise in its price. What do you think about Grimas? What coins are you currently considering trading on the spot market?
GLong
by Ingwina
$BTC losing steam intraday & dailyCRYPTOCAP:BTC is losing steam, fast Closed bunch of positions as yesterday #BTC showed weakness. This continues today. The 4Hr is about to bear crossover, something it hasn't done since trading above June 16th. The 1Hr chart is severely oversold so we could get a small bounce here before we continue to rollover a bit. What about bitcoin VOLUME? (Sorry cannot show 1Minute here. Pls see profile for more info) That CRYPTOCAP:BTC drop on 6/30 bugged me (outside day) a bit. There was heavy SELLS BUT Only decent to so-so BUYS. However, the conviction that was there this whole ride up is now LACKING. Just for giggles... Spot #BTC already breaking down... But if you want the proper price action, Futures #bitcoin facing support around 30230.
CME:BTC1!
by ROYAL_OAK_INC
SFPBUSD - Make or Break Triangle Pattern about to burstI've been following this asset since March '22 and it followed the downtrend pretty strongly until it entered into a massive ranging mode. Even though the whole market was moving a lot, this coin continued to play under this strong range. Right now, I've managed to see a triangle formation which I believe it's crucial to identify which way price might go next. We either get a breakdown which signifies a downtrend continuation or we continue to play in the range and it's time the bulls take over temporarily. If we get a breakdown this would be potential profit target zone: 0.2579 - 0.2899 Since it's a ranging market it could just go either way and could be hard to predict. Manage risk accordingly. Happy Trading! ♥
S
by KinaStar
🔥 Why A Bitcoin ETF Is Hyper Bullish: See Gold!There's been a lot of bullish news recently surrounding a potential Bitcoin ETF. This ETF has been filed by both Blackrock and Fidelty. The potential approval of a Bitcoin spot exchange-traded fund (ETF) has the crypto community buzzing with excitement. A Bitcoin spot ETF could be a game-changer, fueling bullish momentum across the entire crypto market. A Bitcoin spot ETF would simplify the investment process, making Bitcoin more accessible to a broader range of investors. It would eliminate barriers like complex wallets and security concerns, attracting retail and institutional players and driving increased adoption. In order to determine the potential effects on the markets, we can take a look at a more recent approval of a commodity ETF: Gold. As seen on the chart, Gold saw a massive ~310% gain over the span of 6.5 years once the ETF had been approved. It's hard to determine whether BTC will experience a similar growth path, but I think it's quite safe to assume that it's 100% bullish if more people can easily invest in this asset.
AMEX:GLDLong
by FieryTrading
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