Crypto Signals – Telegram
Crypto Signals
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The main goal of this channel is to share an unbiased opinion on the crypto market from a technical and fundamental point of view.

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Link: https://news.1rj.ru/str/CryptoExpertSignals
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Even though we were close to seeing the highest monthly close in Bitcoin history, it didn’t happen.

We could see a lot of bullish days in November but because we didn’t get confirmation, the real bullish momentum is postponed for at least one month.

Maybe December 2020 is going to be next December 2017.

Detailed chart updates tomorrow after we got weekly close so we can combine these two and get directional bias for upcoming days.
We just observed the 2nd largest negative #Bitcoin mining difficulty adjustment in history: -16%

It topped the -15.9% change in March this year.

The only other time difficulty saw a larger downwards adjustment (-18%) was over 9 years ago, in Oct 2011.

Even though this sounds scary at first, this can be interpreted the other way:

“The network security is back to the levels it was in August 2020”

In my opinion, nothing that should scare you.
Markets are going to be wild next 48-72 hours for sure due to the US election.

Because of that, stay away from high leveraged positions because we can see moves in both directions liquidating both sides of the market.

If you don’t have to trade, don’t trade at these times!
Bitcoin closed below the resistance point.

The current market conditions are nothing but bullish and because of that, we expect to see the third week trying to close above the resistance.

Even though we’re currently in bullish market conditions, due to different reasons, especially the US election we can see moves in either direction.

As long as we are not closing below the green box, the market is not bearish.

Currently, in our Premium channel, we have an active trade. If you want to join, message @CryptoSignalsAdmin.
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Do you regret ever buying altcoins?
anonymous poll

Yes! – 170
👍👍👍👍👍👍👍 63%

No! – 101
👍👍👍👍 37%

👥 271 people voted so far.
Bitcoin is getting closer to the next impulsive move.

The rising wedge that’s holding price in this range is getting tighter and it’s just a question of time when we are going to see the next move.

It will either be a test of $12-12.5k support or a parabolic move towards $15k.
Where Bitcoin is heading next?
anonymous poll

Parabolic move towards $15k – 140
👍👍👍👍👍👍👍 55%

Towards green support area – 115
👍👍👍👍👍👍 45%

👥 255 people voted so far.
$14000 🚀😍
Bitcoin breaking towards $15 000 🚀

Now we either see $15k by end of this or tomorrow’s day or we back into the $13k area.

If this weekly closes above $14k, get ready for real FOMO to kicks in.

This is the first time we are at these levels without that much euphoria.

Back in December 2017, at these levels people were selling everything they had, getting loans just to buy Bitcoin.

I don’t see that happening now.

Always look at the higher timeframe perspective. Being bullish doesn't mean the price will reach a new all-time high tomorrow. With this price action, I'm really excited for December and especially Q1 2021.
The number of #Bitcoin addresses holding at least one Bitcoin has reached an all-time high, according to data from metrics and analytics site #Glassnode.

As of today, there are 824,193 Bitcoin addresses holding at least one Bitcoin, the equivalent to $14,096. This surpasses the previous all-time high of 824,160, observed on September 17.

The number of addresses holding at least one Bitcoin has been steadily climbing ever since Bitcoin’s inception in 2008—even though the price of Bitcoin has vastly increased since then.

Keep hodling 💪
Crypto Signals
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Bitcoin Has Been Above $10K for 100 Days - Will Its Price Ever Drop Below $10K Again?
anonymous poll

Yes! – 146
👍👍👍👍👍👍👍 54%

No! – 125
👍👍👍👍👍👍 46%

👥 271 people voted so far.
Bitcoin $15 000 🚀
Finally altcoin capitulation.

This shit can go on for much longer than you think.

Prices can go down much further than you think.

Most coins will go to zero.

Many people will lose it all.

Capitulation = Last step before either

1) Bottoming
2) Going to zero

That said if you buy early capitulation and capitulation takes the coin down 70%, you're still fucked when it bounces huge so entries have to be timed well.

Good luck.
Bitcoin reached $16 000 🤩

FOMO is definitely kicking in 🚀

Update is coming in less than 2 hours
If you’re curious why FOMO is kicking in, this chart may give you some ideas.

Look what’s left on the chart. We have only 2 higher weekly closes before the new all-time high, we are way above the highest monthly close.

This is still nothing what’s actually coming. We can see some flash crashes of even 2-3k. This move up is not only supported by spot buyers but also overleveraged long positions that can be easily squeezed so always have a tight stop loss in place otherwise one flash crash can hurt you a lot.
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Bitcoin update

On a macro view, as long as Bitcoin stays above $11500, we are in preparation for setting up the new all-time high.

In the meantime, we can see any sort of price action.

The same way Bitcoin didn’t set a new all-time high back in December 2017 by going in a straight line up.

At that time leverage trading was not that popular and even without leverage trading, we saw flash crashes. Now, when we have an over-leveraged market, it's not the question of if it’s going to happen but when!
A new all-time high can be reached in a few weeks or half a year. From a macro perspective, it doesn't make big difference but for you as a trader that wants to make some money on the way up, it makes a huge difference.

You cannot hold a position for that long because contracts usually last for 3 months and also ridiculously high funding fees that would eat up all your potential profit.

Because of that, focus on profitable setups with tight stop loss and high risk-reward. I would rather miss a trade than enter the one that's not in my favor.