You are not optimistic enough about #BTC!The US presidential elections, held every four years, are completely compatible with the CRYPTOCAP:BTC mega bull cycle!
After the presidential elections held in 2012\2016 and most recently in November 2020, #bitcoin transitioned to the mega bull process!
The issue of high interest rates on the F
Key stats
Bitcoin | 50% Down vs 20% DownBitcoin is now trading at ~60,000, which is 20% below the All-Time High of 74,000.
➖ If Bitcoin were trading at 37,000, which is 50% below the All-Time High, this would be good before a major political event. We could say, "Bitcoin is trading pretty low already, the correction was really strong so
Sorry, I've started shorting bitcoinSorry, I've started shorting bitcoin
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 54203
Wish you good luck in trading to you all!
Bitcoin: Bullish Back To 64K?Bitcoin has rallied off the 53K support area as anticipated (read my previous article). I even explained my dollar cost averaging strategy particularly for this situation in my previous stream. If 60K is cleared, the next resistance is 64K. The current momentum is now bullish which can be confirmed
Showing evidence: 1 hour timeframe whale purchase This is the 1 hour timeframe which shows the whale purchase along with my bull plotter which activated the bull trend prior before whales made purchase.
Hope this helps, I’ll be linking this to my 4HR TF idea.
Understanding Price Clustering in the Bitcoin Market█ Understanding Price Clustering in the Bitcoin Market
Price clustering is a phenomenon where certain price levels, particularly round numbers, tend to appear more frequently in financial markets. This study focuses on how price clustering occurs in the Bitcoin market, providing insights that can
Q4 Bullish Continuation Bitcoin's price action continues to show a strong bullish trend. After multiple corrective pullbacks, the price has consistently rebounded within the established channel. We saw significant corrections of -20%, -22%, and -28%, yet BTC remains on course for a potential breakout towards the next major
BTCUSD next move(expecting a bullish move)(18-09-2024)Go through the analysis carefully, and do trade accordingly.
Anup 'BIAS for BTCUSD (18-09-2024) (SHORT TERM)
Current price- 59400
"if Price stay above 57400 then next target is 61000, 64000 and below that 56,000 .
-POSSIBILITY-1
Wait (as geopolitical situation are worsening )
-POSSIBILITY-2
Wait
BITCOIN Will the negative correlation with DXY make it rally?Exactly a year ago (September 25 2023, see chart below) we published a comparative analysis of Bitcoin (BTCUSD) against the U.S. Dollar Index (DXY):
** Negative correlation and the Fed next week **
We argued of the natural negative correlation the two have and BTC rose immediately to its impr
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