Earning With Fk (Official)

Current Fud in the Market 1. Mt Gox 140k $BTC over hang 2. $ETH Shanghai Upgrade uncertainty 3. Silvergate liquidation $SI 4. Signature Bank etc being next $SBNY 5. Biden wants to tax electricity used to mine crypto 6. Capital gains tax increases in US 7. Inflation worries back 8. Fed radical hawkish shift - higher rates + higher for longer 9. Tether fud - “filing with fake documents and shell companies” 10. BUSD wind down - stablecoin issues 11. Voyager liquidating assets 12. Houbi flash crash 13. US government movement of 40k $BTC 14. Kucoin sued 15. Operation chokepoint: Gemini JPM, bybit USD Transfers, $SIVG 16. A genuine 08’ banking collapse

SHORT SAND/USDT Short  zone 0.60$ TO 0.62$ Target 0.59$✅ 0.58$✅ 0.57$✅ 0.56$✅ 0.55$✅ Stop loss 0.70$🚫

DXY Update 🔸The Dxy has reached a major resistance level at 105, as we previously anticipated in our updates. If it manages to break this key resistance, the next level to be tested is at 108. 🔸In such a scenario, we may see a drop in the SP500, which could also affect the crypto market.

BTC Update 🔸On the daily time frame, it appears that the price is forming a potential bearish rising wedge pattern. This pattern has been observed in previous price action as part of a wave impulse. It is likely that the price will test the 25k zone again to complete wave (E). 🔸It is possible for this pattern to be invalidated if the price is able to break out towards the upside. However, it is important to note that we would need to see significant buying volume in order to confirm this breakout. Without sufficient volume, it may be a fake out.

BTC Update 🔸Bitcoin made a glorious pump and is approaching its major supply zone here.👀

Let’s check the Bitcoin Spot cumulative volume 🔸The delta for spot buying of $BTC appears to be decreasing, suggesting a potential exhaustion of market buyers. 🔸However, the overall delta has remained positive throughout the day across various exchanges, with particularly strong activity on the Binance BUSD market.

Understanding Short-Term Price Changes: The Coinbase Premium Index 🔸Note that the Coinbase Premium Index is based on Binance's BTCUSDT pair. The Index has increased significantly, and recent data suggest that volatility may increase rather than decrease in the future. 🔸 The high premium value indicates a strong buying demand among US investors in contrast to Binance's BTCUSDT pair

BTC Update 🔸At the moment, BTC is forming a bullish falling wedge pattern following its second test of the trendline. 🔸While there are some signs of rejection and the possibility of a pullback, the 20k level remains a crucial support level for this run.

BTC Update 🔸In the 4hr TF, we can see that the price bounced at the 21,400 key level which was the previous resistance at Jan 17. 🔸This is still a crucial area for BTC as we can see major rejections at the 24k level. We can see that there is an initial breaking of the market structure and has the potential to reverse. 🔸Expect a bearish retest at the trendline area, and let’s see how the price would react. If rejected, we will see a downtrend continuation. If breaks, we can see another leg up for the price.

Good morning crypto Fam Bitcoin is trading at $21,800 and feels like we can see the test of $20,900 in next few days SXP closed at 4,081 CPI data is coming on 14th Feb Opinion- we consolidate for sometime and BTC pumps back to $24,000

BTC Update 🔸In the daily chart, BTC looks still in consolidation here after consecutive days of an uptrend. However, we can see that the price is forming a bullish ascending  broadening wedge 🔸If this pattern plays, we can expect another leg up for bitcoin towards 26k-28k.  The invalidation zone is when the price broke toward the downside direction

SP500 update 🔸The S&P 500 has maintained its upward movement above the major trendline, exhibiting a clear inverse head and shoulder pattern, a bullish signal. However, the price has now reached the neckline resistance, and a break of this pattern could have a positive significant effect on the broader market, including the cryptocurrency market 🔸On the other side, we also expect some corrections from here

BTC update 🔸Bitcoin is exhibiting strong local performance as it reaches new highs in the current market. The price is approaching a crucial level, which was the swing high in August 2022, and market reactions are expected in this area 🔸You may consider opening short positions in this area, but it is important to confirm the reversal before doing so

TOTAL2 (Altcoins Update) 🔸The nearest resistance is at the Fib 0.618 level, which the price has already reached. 🔸If Bitcoin rises to a new high, we anticipate growth in the Altcoin market to reach $630B

ADA ALL Target Chased 👍

LONG ADA/USDT Buying  zone 0.37$ TO 0.36$ Target 0.375$✅ 0.380$✅ 0.385$✅ 0.390$✅ 0.395$✅ 0.400$✅ Stop loss 0.33$🚫

BTC Dominance Update 🔸Bitcoin's market dominance has broken through multiple resistance levels and is currently at 44%, as predicted in our previous analysis. 🔸It is likely that we will see an additional rise in Bitcoin dominance, potentially reaching 47% in the near future.

BTC quick take This is the real decision 🔸Bitcoin (BTC) has retested a resistance level and may fall if the current market is sideways or bearish. However, during bull markets, BTC tends to perform well in these types of situations. 🔸We will soon know if it is a good time to buy at the market or wait for a potential dip to $20,000 to buy at a lower price

SP500 🔸Checking the SP500, it’s currently struggling with the multi-month trendline resistance. As long as the price is trading inside the pattern, the sentiment is still on sideways. 🔸The trend could change if a major breakout happens. The next nearest support sits at 3,760.

Bitcoin Update 🔸On the 4-hour time frame, the price has broken out of a bearish rising wedge pattern. A bearish retest is likely to occur if the pattern is valid. If the price reversal is confirmed, we can expect a further drop. . 🔸The first key level to watch is 18,800, which is where the point of interest is located and also the Fibonacci 0.50 level