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Last week was relatively volatile with all the news coming out regarding the Spot Bitcoin ETF
Can Bitcoin see some upside again this week?
Bitcoin closed its Monthly candle of August
It was a big red candle of -11,27%
Hopefully September will bring us a bit more positivity 🫠
Finally some action for Bitcoin!
Not really the action we wanted, but I think this is better than sideways price movement
This brings that edge to the crypto space, anything can happen
BULLISH RETEST on the Bitcoin Dominance chart!
Bitcoin will probably be more active than Altcoins in the coming weeks
Trade accordingly
Bitcoin made a nice gain yesterday and bounced from the lower range support after the Greyscale/SEC news
For now, BTC is still trading in the range since March 2023
A visit to the upper side resistance again would be great!
♾ There are two big reasons why the crypto market is rising today.
➡️ The first reason is most likely the victory achieved by U.S. asset manager Grayscale. Grayscale can thus hold the very first spot bitcoin ETF in the United States.
➡️ The second reason: The popular social media platform X, formerly known as Twitter, has lined up its system to enable cryptocurrency payments through its platform.
September is almost always a red month for Bitcoin.
Will september this year be green?
Another picture is circulating on the Internet about that the Simpsons predicted that Twitter would turn into X. One of their episodes also shows them predicting that BTC will have an infinite price. Do you believe in this?
What you see here is a coded and logical market cycle of BTC. The crypto-currency is designed so that it MUST go up after each halving, otherwise the miners can no longer pay their costs for mining BTC. The next halving is in 237 days. Don't wait too long to buy 👀🏆
BTC has moved out of consolidation territory on the 2-hour timeframe. Can we see further upward movement from here? 🚀👀
♾ BITCOIN HISTORICAL BUY SIGNAL IS HERE ⚡🔥
Don't be fooled AGAIN and buy for the longterm. 🆘
Do you guys remember this chart?
➡️ Basically, BTC's price movement is just going according to plan and we have nothing to worry about. The price may fall much further and that makes sense because it is still Bearmarket. The next Bullmarket won't start until next year.
➡️ The BTC price has been moving since 2008 in 2 yearly periods of ups and downs. 2 years of rising, then 2 years of falling. Trust the process, the BTC will price will rise to at least $150,000 next year. 🤑
Good morning 🔥
The RSI indicator on the daily chart of BTC is at its lowest point in the past 3 years. I am buying BTC for the long term right now. 🚀🪙
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