BTC trade ideas
400B & 250B realistic pullback target? 400B & 250B realistic pullback/goldenbuy target before further action?
No wonder tether dominance is skyrocking.
#BTC ://Distribution n Accumulation phase theory... ehh lets s33srry all dealing with family emergency stuff so this is messy ruff draft and vague to boot but wanted this out there b4 she either dumps or continues and validates this idea _40 to 42K support / resistance levels_ curios what everyone thinks (cleaned up and fully explained later/but if want to know more look into the _now some what played out but interesting _ WYCKOFFIAN IN DISTRIBUTION N LEAD INTO WHAT NOW COULD BE A ACCUMALATION PHASE)
i didn't really give this accumulation and distribution phase thing much thought until recently . yes some of that i do agree with and not just as a narrative to fight back against fudd
i thought _at least my version of this theory was shot when it looked like we broke into an overall large time frame down trend, again... BUUUuuut we pulled out of it, rite on the bottom trend/channel line.
>KEEP in mind she will need to continue an overall up trend up to at least 40 to 42 k range for this to be valid. there can be pull backs but over all there must be some kind of uptrend until a major and most importantly _know resistance block _ then zig zag over all trend down to the support of 32 ish (hope fully if true this time we stick to more 34k) (ALSO MANY Thought that if beginning this "accumulation phase then we quickly over a 3 maybe 4day period on the one day chart we hit the SELLING CLIMAX SC then the AUTOMATIC RALLY AR the next day leading into the secondary test ST.
anyways this charts a mess but wanted to get this out there so i can get some kind of feed back begin to try and take this theory seriously which i couldnt do if i waited to post this b4 after she runs up further_for this to be valid
_HGM
Again i do want to note it is nice seeing people collectively pushback against the, "they control our market"_ narrative)
BTC up to 40s or back down to 32-34 rangethis is where btc continues overall larger time frame up trend or we re set_again_n alts with it. market still to shook up not to see major blood in alts with btc 32 lets go bulls we in a up trend on 1 hr n kinda still 4hr_1day lets not forget that n keep this 342 bounce mov'n.
if u do beine to take alt positions just save some powder to cost average in if she drags further down
BTC on fence ://sideways uptrend continues???btc looks like she wants to make a stand to continue the overall sideways-uptrend as alts re set. Chart wise esp in shorter time frames UNI OKB look super strong (So does CRO for all ya CRYPTO,com kats) keep in mind btc may dip a bit n hurt them alts a bit more so save something to cost average just in case btc gets dragged down to low 30s _im taking a small alt position now mostly because i dont have time to full time chart watch next 2 days but keep this in mind as u navigate crypto this next few days. _regardless btc should stay in that low to hi 30s box so trade accordingly
On the ZKSwap account went into heavy uni with some okb n sushi
Hodling main account BTC n ETH CEL ADA OCC n need to look to start scalping algo with the new tokenomics that will keep ALGO price down unless something changes. (like algo being picked for a USA etc stable coin)_more to come there later. Forced HODL after dip on SWAP ECO DMST n still holfding staked CRV 1INCH etc _also think any mainstream trustworthy bigger staking_esp layer two staking projects like LIDO even maybe NEXO AAVE whatever wont be going anywhere soon same with any fiat on n off ramp like CRO CHSB n other centralized exchanges that offer debit cards or whatever that helps people unbank n move crypto in n out of fiat.
big paypal news incoming stay HODL strong ya all n buy dem dips but take dem profits _esp in alts
BTC THINK'n about a run'n ://alts to follow looking to re buy SUSHI n !INCH eyeing GT UNI YFI n AAVE as well
took a small position now on ZKSwap and waiting on confirmation_breakout for BTC with ALTS to follow.
there is def top side pressure on btc n alts as the market is still jumpy...
i would hold powder back to cost average in or buy heavy if she_BTC runs in next 15 to 30 mins
#BTC ://RUN IT... _L0ng, always L0NG_btc is building for something special with flirting on a small time scale down trend but on one day rsi looks like she is winding up _with this slight pull back _lets see what the next 2 hours bring
Def buy single in last hour crossed purple line _on btc 3min with 5 min being rejected off the 21week purple line
Ideally this builds up with a slight down trend letting alts cool off and day traders time _ confidence to take a new position while retail props alts up _keeping sideways down _from dumping again
sushi n other alts like AAVE 1INCH SNX UNI n maybe some GT n YFI is what we looking at on our zks swap layer two account.
In the next 15 mins btc will drop a bit to make a new low on (3min 5min 1min n maybe 15min) charts orrrr she will break upwards on smaller time scale _but she doesn't feel like she wants to go up to much tonight but hey its f'nnn crypto _my money on sushi n alts bleeding for next hour or two minimum
Lol 3 to 5am will probably be best buy time for us n a bit salty i couldnt take a small position on that first 11.61 SUSHI dip great spot to take a small slight position n see what she does from there. (THAT 15 min to 5 min window for alts in general) _GREAT thing about these moments wit btc esp is u have a chance to see which way the market will swing for the next few hours... these r the times to watch BTC first last n in between she is ur number one indicator for alts when sh!ts jumpy esp
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 ://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.
