How $BTC gets to $2M+ per coin and flips goldHow I see BTC price action playing out to flip gold and hit $2M+ per coin
Bitcoin’s bullish break generates fresh long setup Bitcoin futures have opened the new week on the front foot, talking out the former record highs at $105325 before extending the move as Asian markets come online.
RSI (14) has broken its downtrend while MACD looks like it may crossover from below, suggesting bullish momentum may be building again.
Price Gap Examples - Bitcoin FuturesSharing for educational purposes only.
█ Three Types of Gaps
There are three general types of gaps:
Breakaway Gap
Runaway (or Measuring) Gap
Exhaustion Gap
█ 1 — The Breakaway Gap
The breakaway gap usually occurs:
At the completion of an important price pattern.
At the beginning of
Bitcoin Price UpdateThere is a significant Bitcoin futures gap at the price level of $103,670 to $102,470. This gap could lead to potential price movements. Additionally, there is a concentration of long positions that could be liquidated at $102,344 to $101,939 if the price declines, further adding to market volatilit
Not looking for drama!As the S&P 500 gets ready for the Fed announcement on Wednesday regarding a potential decrease in the Fed funds rate a dramatic move on Tuesday would not be expected without new information to stimulate the market. I am looking for a sideways the only slightly higher movement on Tuesday.
$BTC Top Target, $2M by February 2026Using my scandinavian quant I have come to the mathematical conclusion that this chart shows the exact top by time and price.
good luck and have fun fellow comrades
Bitcoin’s Shooting Star: RSI Divergence Sparks CautionWe’re seeing a potential shooting star pattern forming on Bitcoin’s daily chart, combined with RSI divergence. Despite BTC hitting a new high, the RSI hasn’t confirmed it, hinting at fading upside momentum. While these signals are concerning, I’m waiting on further confirmation. Ideally, a bearish c
The Top is In. Bitcoin, while revolutionary in its inception, faces significant hurdles that challenge its viability as a practical medium of exchange. The cornerstone of this argument lies in the inherent limitations of its transaction processing speed. The Bitcoin network's distributed ledger requires approximat
BTC1!BOTTOM. Big spot here for BTC1! at our diagonal support from fall 2023 channel. Think they got what they were looking for on the "rate cut decision" liquidation event earlier today. Front run the Santa Claus rally!
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Bitcoin Futures (Sep 2020) is Sep 25, 2020.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Bitcoin Futures (Sep 2020) before Sep 25, 2020.