BTC - Potential inverse H+S/breakthrough downardsPotential inverse H+S on BTC heading towards previously broken trendline. Either way short term short is in play. Long term - wait for price action at deciding point. 1 to 1 short TP 3k.
BTC trade ideas
BTC ://get u someBTC has found SOME stability after that last false pump over the weekend and violet dump that even the most cuatiouse got a bit blind sided from. the crazy thing is how similar this is to the 2017 run_ the timing of the china fud everything...
to recap,
_china outlawed trading crypto currency in 2017 and nothing new just repeating old news in a new form
_rumors of another china "purge" for BTC etc mining. this is causing a mad scramble to sell off and move equipment out of china etc and def was a partial cause of that last dump this last weekend
_ELON F'n MUSK _where to start on this one smilez. There is a or the biggest doge coin wallet holder with clues to elon ie his birthdate hidden in this wallets info and how this fits his style (llok at the release of every one of the tesla cars in order _ the first letter of each car in order of release spells SEXY smilez) there is also rumors of elon working with dodge devs since 2019 _ so yaaa at a lot in play here...
_the facts r crypto is here to stay. this is not like 2017 in this case we have entire business models relying on crypto like paypal n square etc etc etc wants to stock bilw btc eth etc to have enough on hand for their customers in their eco system that way they dont need to buy as much crypto on the open market_be held hostage to the mark up or spread etc.
WHEN i start seeing controled attempts to push down crypto prices it makes me very excited that crypto has come so far but on the other hand i worry that people are forgetting the whole point of crypto. holding btc on robin hood is not holding crypto _we need to all remember its ok to stake etc and earn APY esp if u trust the platform but IN THE END THE FACTS R STILL UNCHANGED _NOT UR KEYS NOT UR CRYPTO
_HODLE ON YA ALL N BUY DEM DIPS But dont forget to take dem profits here and there_keep that extra dry powder handy for dips like this last one
_HGM
for BTC entry we have been using a combo of the ema 20 50 for short term buy n sell signals combined with the 148 day or 21 week ema > when the 20 or and 50 cross the 148 in the shorter time periods ie 3 to 15 miuns this is our buy n sell signals. (you can see our shorter term enters and exits marked by red n green guy n sell dots on the chart) There is a bit more to it then that but thats the heart of it. we r adjusting the time perspective depending on market sentiment and are building this all into our free trading bot that will be available the same time as our free content and resources platform_website go up. thanks for the follows n support everyone.... means A LOT to us.
BTC 1WEEK :// Trend Change?_bounce...the 2017 ALL TIME HI has been a great indicator for trend on this BTC run. IF u see that yellow uptrend line On the week perspective chart BTC hit this trend line multiplew times in the dec to end of jan BTC mega pump. SHE just bounced hard off of it again after this fake out a day or so ago (WEST dumped... again... asia for once pumped our market and all the west had to do is keep it going but we panicked sold some more and this last bounce just happened)
IT is very important BTC remains in this uptrend and does not break below 32 to 28k zone or we r in real danger of seeing a 13k btc bounce back to 18k.
just hang in there ya all we all got slip'n a bit on this one
grt.x btc.x eth,xGRT amongst many other coinz breaking 20, and 40 ma might be the hedges brining these up , careful now, they can also bring these back down. Remember their bill is endless at this point.
BITCOIN THERE WAS A LOT OF PANIC SELL OFF IN THE MARKET IN THE PAST WEEK.
WHICH BTC PRICE DROPPED TO OUR LOWEST SUPPORT LEVEL AS INDICATED WITH HUGE REJECTION TO DROP ANY FURTHER.
WE TOOK IT AS A SIGNAL TO RE-ENTER THE MARKET.
BTC Market Cap Bearish IdeaCRYPTOCAP:BTC
This bearish idea is a bit of stretch as neither Head & Shoulders patterns have completed.
However, I believe that it should be considered.
BTC lost ~50% of it's cap advatage over ETH in 1 month Update on my other chart. ETH continues to gain even when BTC also bleeds with it. BTC is still the crypto boss, but I think a big shift began a month ago. It's also possible they both even out and trade at similar caps.
Another contender has entered the ring as well! Internet Computer Protocol (ICP), also does smart-contracts, works with ETH's dapps, and works with already popular internet apps, where they can create their own coins on the network. i.e. FB, snap, paypal, etc. It's also supposedly faster, but there are still a lot of questions about it. Being brand new, it needs to see more adoption soon, to test the platform. If it does what it says it does, it could be the successor to ETH; but that's a long road. Also concerning is while it has a similar amount of coins in circulation as ETH, they have twice as many locked/staked. So that could create havok down the line.
Could Ethereum beat Bitcoin? Special Analysis!!!Based in my opinion, there's a highly chances that Ethereum going to strenghten the trend during this bull rally. But stil alert in the market cap, the market cap it's key to know what cryptoucrrency are growing up. For that guys, we would need to be so alert if Ethereum it's take dominance of Bitcoin to growing up.
Ok look on 2017, in the Ethereum market cap hit the $142 billion in the past bull rally. Meanwhile, Bitcoin market cap hit the $320 billion in the past bull rally. So, Ethereum was more powerful in the past bull rally on 2017 when Ethereum was undervalued to $100 USD and go to $1,500 USD approximately on the end of 2017. And 2018 was the bear market that Ethereum down to $113 USD. Now, actually, Ethereum it's so near to mark a market cap worth in $500 billion. Meanwhile, Bitcoin market cap it's around of $1.10 trilion. Now, if we look, we can to get price future to know the comparsion what will happening if Ethereum reach the $10,000 USD as first objective, or using the the market cap value to use basic mathematic.
To know, Etheruem has the supply circulation of 115,795,729.75 ETH and Bitcoin has the supply circulation of 18,704,050.00 BTC. Now if you want to know the price and know what will be happening in this comparison. Look this exercise.
The easy way it's know your price future. Imagine that Ethereum going to reach $10,000 USD. This price future it's possible to reach by long term. We use the Ethereum supply circulation and we use it to multiply with $10,000 USD. and the result will be a market cap value of $1.15 trillion.
Now, if you want to know that Ethereum going to reach $20,000 USD for coin. This price future it's possible to reach by long term. We apply the same.
Multiplying $20,000 USD with the Ethereum market cap. Ethereum could to reach a market cap worth in $2.31 trillion.
The 20,000 USD it's so similar when Bitcoin on 2017 reach this price, now Ethereum it's turn. But what will be happening if Ethereum mark the $30,000 USD. Well, the market cap will worth $3.47 trillion
Now, if you want to know in that case of Bitcoin what will be happening if Bitcoin reach the $100,000 USD. We need to know that Bitcoin has a supply circulation of 18,704,050 BTC. We multiply the $100,000 USD as future price with the supply circulation. The result will be 1.87 trillion.
If Bitcoin reach the mark of $200,000 USD, The market cap will worth 3.74 trillion
My Personal Opinion:
I believe that Ethereum may to change the things. As Bitcoin and Ethereum are main cryptocurrencies. A lot people are invest in Ethereum than Bitcoin right now if we compare the Ethereum/Bitcoin ratio. And we see that there's a lot chances that Ethereum it's becoming the next Bitcoin. So, I believe that Ethereum have all chances to go easily so fast a market cap of $1 trillion and so near of Bitcoin market cap. But, this chart are so fundamental key if you hold Ethereum in this altseason. becuase Etheurem coul have more ROI than Bitcoin do.
And well, I interesting to look Cardano to compare with Ethereum using the market cap of both cryptocurrencies. Because Cardano, it's the next Ethereum killer and remplace of it For that, big news are incoming in Cardano during this bull rally. For that, Cardano it's my cryptocurrency key in this smart exit plan.
Dont buy the dip... yetBitcoin has formed a falling Wedge and will go up at around 1.5 T try to Buy there.
I am new to the game so if you have any tips please comment.
BTC vs Ethereum Supply Inflation PercentageBTC VS ETH Supply inflation.
ETH is less scarce now and into the future as BTC's inflation rate will be cut in half every 4 years. ETHereum does appear to be leveling off as well.
ETH is gaining marketcap on BTCThe main chart is ETH-BTC market cap charts. So, if ETH-BTC goes down while ETH goes up faster than BTC, then ETH is gaining on BTC in market cap. ETH is the future imo, BTC is the dinosaur.
We might see more red days in the crypto market $BTC Whales are hungry.
Whales are liquidating.
HODL or sell cheap.
or Good home!
PLAY THE BITCOIN MARKETCAP RANGESHORT THE TRENDLINE RETEST TILL IT BREAKS THEN LONG THE BREAKOUT. LONG THE SUPPORT TILL IT BREAKS 1 TRIL MARKETCAP. SINPLE
Btc is a bubblethough i have been a huge supporter of btc an crypto movement as a whole ...I do feel btc is a bubble when comparing it to other bubbles like dot com and all. Sorry guys .
