This is our next focus. Try to research the reason for this ratio on Bitfinex. So far, the math says it will go up. Any major change will be updated.

Done✅

Crypto Market Right Now 🐃🐻

I’m back, I hope you didn’t miss me 🙋‍♂️

It couldn’t be more precise 😜
Whatever goes up will come down sooner or later. There will be times FOMO will make you a profit but if the FOMO is your strategy, sooner or later you will end up where the majority of traders.

Futures gap tested perfectly 👌

If Bitcoin wants to go up in short-term (next couple of days-weeks), it shouldn’t come close to this swing low. So the support now is around $6500.

Any price action below $6500 will be very risky because everyone will put stop loss below that swing low and if that are gets reached, we could see price even going below $6000 and considering that monthly close is coming in couple 2 weeks the price has to be bought up instantly if that drops happens otherwise we could be in problems because of big shooting star formation that could form on monthly close that wouldn’t be bullish at all.

If that happens, new lows won’t happen on Bitcoin but Bitcoin could enter into consolidation range between $5000 and $7000 for couple of months.

It would be perfect scenario for altcoins that would probably create mini alt season if BTC starts consolidating.

So crypto is looking great and that’s the fact. New lows are not coming in our opinion. The only question we have now is either if BTC is going to enter consolidation around 6k that would be very healthy for next move up or we are going to break 8.5k (2019 ATH) and reach next resistance (10k).

The main reason for the drop is mentioned gap on CME futures.

Short-term (next 48 hours) price can go in any direction but generally the market is very strong and there will be up movement very soon.

Bitcoin update: https://www.tradingview.com/x/ZWBPwXe4

Only close above resistance will trigger next upsider target ($10k)

This is how weekly resistance looks on daily time frame: https://www.tradingview.com/x/4GgB8Zj6

No close abbove so far!

No close above resistance and drop: https://www.tradingview.com/x/in3nOprG

This is how weekly looks like and where the buy area is.

Look closely at this buy area: https://www.tradingview.com/x/Py9uKjvB

This is daily perspective.

It is approaching buy area

https://www.tradingview.com/x/WiozzkJ6

Those that are waiting for alt season are missing out on a Bitcoin season.

If institutions are comig, they will be buying Bitcoin not shitcoins. If Bitcoin goes up, it may trigger major alts to go up but the projects that have no value are going to be delisted from all exchanges and die.

Buy XRPBTC on Bitmex.

Entry: 4900-5100 sats
Stop loss: 4599

Targets: 6000, 6800.

Good luck!

XRPBTC is going up, let’s see how high it can go!

I think no one is aware of the potential Ripple has.

https://www.tradingview.com/x/4kdtaSpA

Most people think they will get second chance on Ripple.
When it moon, it moon pretty hard and rarely gives second chance.

Didn’t reach buy area but it followed the way up pretty nicely.
https://www.tradingview.com/x/pJbYrhT5