#Bitcoin 1 hour CME Gaps chart Could not post this the other day was was away but Here you go We created a CME Gap on 22 March This is noe being Filled, as it must or the CME ( Chicago Mercantile Exchange CME) losses money on its Futures trading. 80% of the Time, GAPS get filled. Set a limit Buy order at 63K and the chances are it will get filled. So far, since...
In this Heiken Ashi chart ( used to iron out all the noise) we can see that it is not always a Guarantee that April is Bullish for Bitcoin. In fact, it is nearly 50 / 50 6 RED to 8 GREEN months since 2010 So where does that leave us with choices to make as we see PA drop a little ( it is still in range and remains so till we loose 61K Usdt) The Top indicator is...
As it says in the chart, These Trend lines are not formed by random placement but by the intersections of a line and the January Candles on this Bitcoin Monthly Chart going back to January 2013. It takes a minimum of 3 points to make a valid trendline..and this has been done here. The Lower trend line has a number of points and we can also see h ow in 2015, PA...
In a few hours we will have the opyions expire, as normal, on the 3rd Friday of every Month Today, we see the largest ever options expiration BUT, look back over the last 12 months of these Expiration's. IT IS NOT CATASTROPHIC as some make out to be. Be Cool - Be knowledgeable.
#Bitcoin Daily An Old chart and as you can see, I am keeping the Arrows to lower levels there as we still are in that area where this could happen. Currently, we in that range that is likley to continue, despite the USA latest attempt to undermine the Crypto economy with charges against KuCoin for "Money laundering and not filing against US citizens" We had a...
The first thing to notice here is simply how that RED 236 Fib Circle caused rejection EVERYTIME PA hit it. That is the SAME fib Circle from 2021 and Now, in 2024 That is amazing enough but what is ASTOUNDING is simply that the Root points used to create that Fib Circle are based in 2023, in fact, it is Jan 2023 and then the first high after. SO, This Fib...
In Feb, 2021, while enroute to the 1st ATH that year, The TOTAL chart saw a -29% pull back that had many questioning if that was it for the season. This happened after a Sharp push up after PA had ranged for a while at the end of the previous Year. Some noted at the time, that the MACD was not oversold yet and so a potential for more existed. That pull back...
The chart says it all 854 days from LOW to ATH Next ATH scgeduled for 31 March 2025 - 1 year from now ACCUMULATE
The Bitcoin Dominance has been a near Vital part of the Crypto trading Experience for many people, essentially showing us the ebb and Flow of the primary Crypto money flow. As we can see, from around 2016, things changed as ALTS came in and began competing for the available money in a bigger way than previously.. The BTC.D dropped sharply around 200 days after...
Been posting this Log chart fr a while on X and here. So here is an update - Bitcoin Bulls are facing a number of decisions right now after the FED decided to hold interest rates at current level. We have 4 scenarios that we could see. 1) -20% Drop The image below shows us nicely how PA is hugging the Fib Circle as support A -20% Drop from the high takes us...
So, Another 0 Rate rise and 0 Drop - Just stay the same and was executed as the Noise of inflation continues to rattle people in the USA. Meanwhile, The UK has reported a sharp DROP in inflation and we shall see what the Bank of England does in the near future. Will this Stop the Drop in Bitcoin ? Unlikely I think as BTC has a need to retrace after such a rise...
#Bitcoin Daily So we continue to retrace, as expected and you can see from the MACD, we may have away to go yet before that is even Neutral . The PA is also using that 618 Fib circle as support, which is very bullish that PA broke through that BEFORE retracing. As I mentioned a few weeks back, I think the target is most likely the line the shortest arrow is...
#Bitcoin Weekly Normally, After a long Climb, a Doji candle rings of Change and a RED one tells us BEARS are in Town. The image below Image here shows you one very similar to the one we just had, from April 2018 and PA rose after it. Will that happen again ? The Odds are against it BUT if the ETF buyers continue demand, then we could well see a rise ,...
So, as we come to the end of an emotional week for some ( Levergaged traders mostly) , we are beginning to see what could happen next. The Pre-Halving Dip has occured and we need to see maybe how far this Will go. For me, tha Max Drop is to 58K, which is a -20% drop from the High, and is likely to be reached just at the Halving date, while PA sits on that Fib...
#Bitcoin - Is it about to break free from the Fractal it has been following since Nov 2021 ? We are all expecting a 20% / 30% drop so that PA can cool off and, amazingly, this is also reflected in the fractal from 2013. And what is also uncanny, is that the current "Top" before that pull back / Range is also around the Next BTC Halving date. History shows us that...
On the day where Peter Schiff , one of the Biggest supporters of GOLD, says "Schiff Gold makes it easy to turn fool's #gold into the real thing. Here's a link to the page that outlines the steps. So trade your #Bitcoin📷 for gold now, before the market runs out of fools, or the fools run out of money!" For Schiff to say this, it is Amazing, He Will Swap his Gold...
" #Bitcoin IS GOING TO PULL BACK" Thats what so many have screamed recently and Technically, is has to. And for me, the Low Will be at 42731 USDT on the 1.414 fib line and also on the POC ( point of control) of the VRVP there will be strng support on the way down at 55400, 52700 and 49600 That is IF #BTC PA pulls back. For that to happen, people need to sell...
In the next few weeks we have some MAJOR things happening in the world of the $ and it WILL have an impact on Bitcoin and the rest of the Markets. On the 12 March, the FED Support program that was introduced 12 months ago to support the American banking system, Ends. This could lead to a $300Billion recall which could in turn, cause Bank Runs. The Expectation...