MarcPMarkets

71:19

MarcPMarkets Wizard

Support/resistance levels and potential scenarios for Bitcoin and broader markets. Have question about an alt coin or stock? Just ask in the chat.

MarcPMarkets Wizard

All eyes on the CPI report coming out on Tuesday. This is a key report that the Federal Reserve considers when it comes to adjusting interest rates. And right after that, the FED meets on Wednesday to announce their next interest rate decision which is followed by the all important press conference. What does all this mean for Bitcoin? Price action is likely to go...

74:54

MarcPMarkets Wizard

Bitcoin price action analysis, support/resistance levels and potential scenarios for the coming week. Question about a stock or alt? Just ask in that chat.

MarcPMarkets Wizard

Everyone seems to think they have the FED figured out. The "herd" consensus seems to believe the Federal Reserve will have to ease off the hawkish agenda and not raise rates as high as previously implied in order to avoid a major recession. Chairman Powell comes out with this speech over the previous Wednesday just AFTER a major holiday in the U.S. I do not...

74:47

MarcPMarkets Wizard

Bitcoin price action analysis, support / resistance levels, and potential scenarios for the coming week. Have a question about a stock or alt coin? Just ask in the chat.

MarcPMarkets Wizard

No catalyst, no momentum, especially in the midst of holiday mode. Typically this time of year carries a general sense of optimism but is no where near as dramatic as a year ago and there is plenty of good reason for that. If you are confused by this, you are mostly likely viewing the market from the typical egocentric novice retail trader point of view. Stop...

74:15

MarcPMarkets Wizard

Bitcoin price action analysis, potential support/resistance levels and scenarios. Question about a stock or market? Ask in the chat.

MarcPMarkets Wizard

Bitcoin price is now consolidating between the 15K and 18K range. The 18,500 range high has established another lower high in the context of the bigger picture. As long as this level stays intact, it would be unreasonable to expect a spectacular bullish outcome ANY TIME SOON. What is reasonable? A test of the 14K to 12K support area. In one of my recent streams,...

78:01

MarcPMarkets Wizard

Bitcoin price action analysis, support / resistance levels and potential setups for the coming week. Question about a stock or alt coin? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

Great lessons to learn about risk, perception and how easily the herd is mislead in the most deceptive industry in the world thanks to FTX. Were you exposed to this unexpected event risk? My recent sell signal (mentioned here) from 20,250 reached its profit target and then some. Price is now within the 17K to 14K support zone which I have been accounting for since...

70:10

MarcPMarkets Wizard

Bitcoin price action analysis, support/resistance levels and potential scenarios for the coming week. Question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

Higher low now established off of the 20K area. Usually higher lows often lead to higher highs and many fake gurus will be screaming for your attention to let you know the bottom is now in. While it may be emotionally appealing (like pizza), there are a number of factors that must be considered before arriving at such a conclusion. Here's the objective point of...

71:54

MarcPMarkets Wizard

Bitcoin price action analysis, support/resistance and potential setups for the coming week. Have a question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

Bitcoin played catch up over the previous week and went from what appeared to be relatively weak to a dramatic short squeeze that has tested the low 21K area (thanks to a strong S&P). Is the bottom in? Are you going to be lured into this "bull market" as a result of the emotional appeals made by all of your favorite fake gurus? Before you succumb to the fear of...

70:39

MarcPMarkets Wizard

Bitcoin price action analysis, support/resistance levels and potential setups for the coming week. Question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

The stock market (S&P) put in a dramatic bullish reversal on Friday (it does NOT matter why). Bitcoin is generally correlated to the S&P, and while it has tried to follow (tested 18,600 area low, then produced bullish pin bar), it's performance is subpar. Where is the squeeze? Where is the short covering? This lack of participation can be interpreted as RELATIVE...

72:54

MarcPMarkets Wizard

Bitcoin price action analysis, potential scenarios and setups to anticipate for the coming week. Question about a stock or alt? Just ask in the chat. Be objective. Be prepared. RISK first! HYPE FREE!

MarcPMarkets Wizard

After a week of potential catalysts, Bitcoin is STILL gyrating around the same prices. The bullish pin bar that appeared on Thursday (result of CPI report) has been followed by a bearish pin bar which cancels out the momentum. Meanwhile NOTHING has changed in terms of the broader price structure OR economic environment. While Bitcoin appears to be out of play,...