CRYPTO INSIDERS π
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STRONG TA SIGNALS WITH ANALISYS. CRYPTO NEWS #DYOR #BINANCE #BITCOIN #SXP GET READY FOR THE MOON π Nothing we say is a financial advice.
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ETH is Lagging behind Bitcoin and we
are just about to witness its massive
pump soon. $3,000 is the next target.
ETH PUMP = ALTSEASON 2.0 π₯
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π¨ BREAKING π¨
Ledger library has been compromised and replaced with a drainer. Do not use any website / app for connecting to your ledger.and replaced with a drainer. Do not use any website / app for connecting to your ledger.
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BITCOIN IS GOING TO $200,000 π
Here's how this will happen:
1st Halving (2012): BTC pumped 10,000%
2nd Halving (2016): BTC pumped 3,000%
3rd Halving (2020): BTC pumped 630%
But this halving will be different.
This time, big money like BlackRock and Fidelity are bidding on BTC.
$100 billion+ in new money flow is expected to enter the Bitcoin market after the spot ETF approval, and all of this will happen post-halving.
If we add FED rate cuts and their endless money printing, it's highly probable that BTC will capture heavy
Market cap from both GOLD & STOCKS
This will push the BTC price to $200,000 and beyond.
If you think this is not possible, just take a look at the GOLD chart.
When its spot ETF got approved in 2004, it pumped over 700%, and given that BTC is more liquid and easy to access, it could replicate the same returns in a short time frame.
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#BITCOIN IS GOING TO $150k+ ?
The last time Bitcoin made a straight 8 Weekly Bullish candle was in 2017.
The 9th weekly candle is in Red and weeks of consolidation before it went parabolic again.
Looking at the current chart, we are in the 9th weekly candle after a straight 8 weekly bullish candle.
Dips are opportunity to buy, after we will go parabolic again
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THE ALTCOIN MCAP IS BREAKING OUT OF THE BIG RESISTANCE π
MASSIVE ALTSEASON IS BREWING ! π₯
GET READY FOR 10X MOVES ππ
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What is your estimated #BTC price at the end of december?π€
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BITCOIN IS FORMING A BULLISH PATTERN π
BREAK OUT IS COMING SOON! π₯π₯
WHATS YOUR NEXT TARGET ? π
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THE MONTHLY ALTCOIN TOTAL MARKET CAP IS IN A BULLISH CONTINUATION PATTERN.
WE ARE JUST ABOUT TO WITNESS AN ALT SEASON SOON ? π
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Since 2017, Bitcoin have established a strong yearly trend support.
The 2023 yearly trend line support sits at $22,000-23,000.
Following the history we can say we are in a early phase of bull market.
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#BTC / #USDT update π€
Currently, the BTC/USDT pair maintains its position above a robust horizontal support level while exhibiting limited trading activity within a narrow range.
Notably, market volume remains at a notably low level. It's worth highlighting that the MACD crossover, which previously displayed bearish momentum, is now displaying signs of this bearish strength diminishing.
Concurrently, an analysis of the Relative Strength Index (RSI) suggests the emergence of hidden bullish divergence.
In light of these factors, there is an anticipation of an upcoming price rebound as long as the cryptocurrency sustains its position above the horizontal support level. However, a prudent approach must also encompass the potential scenario of a sustained breach of this support.
Such an event could potentially act as a catalyst for a subsequent downward price movement. It is advisable for market participants to remain vigilant to both the prospects of a recovery and the possibility of a prolonged downturn.
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#BTC / #USDT update π€
Bitcoin has successfully reached its minimum target, briefly touching the 30-31k zone β
.
The outlook remains positive, with potential upward movement towards 32k, 34k, and 37k. However, confirmation would come from the 4-hour candle close. A failure to close above 30,070 might lead to a pullback to the developing year's Value Area High (VAH). Currently, buying the dips seems favorable unless a clear rejection signal emerges.
4-hour Exponential Moving Averages (EMAs):
πΌ 55 EMA at 29,300
πΌ 233 EMA at 29,409
πΌ 987 EMA at 27,518
Key Resistance Levels:
30,070 - 30,460 - 30,666
Key Support Levels:
29,500 - 29,230 - 29,000
Market Sentiment (Fear & Greed Index):
π Fear & Greed Index values: 50 < 54 < 49 < 49 < 50
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#BTC / #USDT update π€
$BTC is currently undergoing an extended consolidation phase within the marked zones.
At present, it appears to be finding support at a horizontal level while trading below the Ichimoku cloud.
The RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) crossover indicators are signaling neutral conditions.
Given the current setup, a rebound is anticipated as long as BTC remains above the aforementioned horizontal support.
However, should the marked support level experience a sustained breakdown, it would serve as confirmation for a potential downward movement.
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#BTC / #USDT update π€
Bitcoin is currently showing some positive signs on the price charts. It has recently rebounded from the support trendline of a falling wedge pattern.
Additionally, the Moving Average Convergence Divergence (MACD) indicator's bearish momentum seems to be fading, indicating a potential shift in market sentiment.
Furthermore, the Relative Strength Index (RSI) is displaying a bullish divergence, suggesting a possible upcoming price reversal.
To confirm a bullish outlook, we would need to observe a successful bounce from the current level, followed by a breakout of both the falling wedge pattern and the Ichimoku cloud.
These technical indicators, if fulfilled, could indicate a shift in the market's favor, potentially leading to higher Bitcoin prices in the future.
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#Binance continues to experience #Bitcoin net outflows following the news of SEC charges, recording the 8th largest net outflow on record of -14k BTC.
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#USDT Dominance update π€
#USDT.D is approaching a supply zone, accompanied by the RSI in the overbought region and showing hidden bearish divergence.
Anticipating a rejection at the indicated supply zone, which suggests a potential bearish trend.
Conversely, a downward movement in USDT.D would indicate a bullish trend, as it generally moves inversely to the market.
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The market remains at a decision point as the #Bitcoin Spot Price continues to indecisively oscillate around the Short-Term Holder Cost-Basis.
A retest and strong bounce off of the Cost-Basis would suggest significant strength in the prevailing trend, whilst a decisive break below would infer weakness in the current market.
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#BTC / #USDT update π€
$BTC is currently displaying a falling wedge pattern on the 1D time frame, with the price holding above its support trendline. The Relative Strength Index (RSI) is in the oversold region and showing signs of bullish divergence.
If the price bounces from the current level and breaks out of the falling wedge and the Ichimoku cloud, it would serve as confirmation of a bullish trend.
However, if there is a significant breakdown of the falling wedge, further correction is likely to occur.
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#BTC / #USDT update π€
Bitcoin experienced a downturn over the weekend, with the Friday CME Futures closing at 26,535 and reaching a low of 26,450. This level is likely to be revisited in the upcoming week, unless the price continues to drop without any significant bounce.
The overall sentiment appears bearish, although the 4-hour Exponential Moving Average (EMA) at 25,492 is still providing some support.
However, the scenario of a target zone between 22,184 and 23,888 is increasingly plausible.
On the upside, we can identify resistance levels at 27,200, 28,000, and 29,200.
These levels would need to be overcome for a potential bullish reversal.
Conversely, on the downside, there are support levels at 26,000, 25,750, and 25,350, which could act as potential barriers against further price declines.
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#TOTAL Market Cap update π€
The altcoins market cap is undergoing a retest above the descending triangle while encountering resistance at the MA 200.
Currently, it is in a consolidation phase and trading below the Ichimoku cloud.
Anticipated is a rebound following further liquidity absorption from the descending trendline.
A strong breakout of both the MA 200 and the Ichimoku cloud would confirm a bullish sentiment in the altcoins market.
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#BTC / #USDT update π€
Bitcoin has successfully held onto its horizontal support level after undergoing a deviation.
Presently, it is trading below both the Ichimoku cloud and encountering resistance from a descending trendline.
To confirm a bullish scenario, we would need to see a rebound from the horizontal support accompanied by a strong breakout of the descending trendline.
Conversely, if the horizontal support level experiences a sustained breakdown, it would indicate the potential for further correction.
