CryptoBullet
BTC 1d Update Selling pressure caused by BitMEX FUD pushed the price of Bitcoin all the way down to MA128 (came $50 shy of it, but we can count this as a test) The upward channel is intact, support still holding 🐂 Bullish bias as long as the price is…
BTC is again testing the support of the channel
Nothing has changed
Nothing has changed
CryptoBullet
BTC 👀 Bullish
So, BTC did close the daily candle above MA50
Need to see a a continuation to the upside
Cautiously bullish now
Need to see a a continuation to the upside
Cautiously bullish now
Jack Dorsey’s Square purchased $50 million worth of Bitcoin
In September MicroStrategy bought a fat chunk of Bitcoin ($425 million)
This is a very bullish sentiment 🚀
What are the odds that other cash-rich companies like Google, Apple, Microsoft will not get serious questions about Bitcoin at the next shareholder meeting?
📌 Note
Apple has $193.8b in cash on hand
Microsoft has $136.6b
Google has $121.1b
Only $25b of capital needs to flow into Bitcoin to push it to $1T market cap (5x from the current level)
In September MicroStrategy bought a fat chunk of Bitcoin ($425 million)
This is a very bullish sentiment 🚀
What are the odds that other cash-rich companies like Google, Apple, Microsoft will not get serious questions about Bitcoin at the next shareholder meeting?
📌 Note
Apple has $193.8b in cash on hand
Microsoft has $136.6b
Google has $121.1b
Only $25b of capital needs to flow into Bitcoin to push it to $1T market cap (5x from the current level)
CryptoBullet
So, BTC did close the daily candle above MA50 Need to see a a continuation to the upside Cautiously bullish now
🚀 There we go!
BTC pumped nicely after the breakout just like I expected!
I hope my analysis helped you to make some money on this move
BTC pumped nicely after the breakout just like I expected!
I hope my analysis helped you to make some money on this move
CryptoBullet
BTC 1d Update Selling pressure caused by BitMEX FUD pushed the price of Bitcoin all the way down to MA128 (came $50 shy of it, but we can count this as a test) The upward channel is intact, support still holding 🐂 Bullish bias as long as the price is…
BTC 1d Update
Perfect bounce off of the channel’s support
Support trendline on the RSI hold as well
🎯 Target reached!
There’s more room to go up
If we can sustain this upmove, I would look for a test of the mid line of the channel at least (~11.9k)
Perfect bounce off of the channel’s support
Support trendline on the RSI hold as well
🎯 Target reached!
There’s more room to go up
If we can sustain this upmove, I would look for a test of the mid line of the channel at least (~11.9k)
BTC 3h
We have a pretty clean horizontal channel with a couple of fake breakouts
Notice how the fake breakdown symmetrically cancels out the fake breakout of the horizontal channel to the upside
This confirms the channel boundaries I have drawn
EMA50 is coming near the bottom of the channel, so if we break them down, I believe we’ll reach Support 1 (11.1k) fairy quickly 🐻
🐂 Bullish if we breakout to the upside. In that case I would expect the price going to 11.9k
We have a pretty clean horizontal channel with a couple of fake breakouts
Notice how the fake breakdown symmetrically cancels out the fake breakout of the horizontal channel to the upside
This confirms the channel boundaries I have drawn
EMA50 is coming near the bottom of the channel, so if we break them down, I believe we’ll reach Support 1 (11.1k) fairy quickly 🐻
🐂 Bullish if we breakout to the upside. In that case I would expect the price going to 11.9k
CryptoBullet
BTC 3h We have a pretty clean horizontal channel with a couple of fake breakouts Notice how the fake breakdown symmetrically cancels out the fake breakout of the horizontal channel to the upside This confirms the channel boundaries I have drawn EMA50…
BTC Update
Nothing has changed
Notice how EMA50 on 3h has been holding the price! Beautiful
Even though we have to stick to the well-defined levels to go short or long, I have a slightly bearish bias 🐻
Nothing has changed
Notice how EMA50 on 3h has been holding the price! Beautiful
Even though we have to stick to the well-defined levels to go short or long, I have a slightly bearish bias 🐻
CryptoBullet
BTC Update Nothing has changed Notice how EMA50 on 3h has been holding the price! Beautiful Even though we have to stick to the well-defined levels to go short or long, I have a slightly bearish bias 🐻
🚀 Beautiful breakout to the upside!
As it was said in previous BTC update, it’s important to stick to the well-defined levels to go short or long
I hope you stuck to my analysis and went long when BTC started breaking out
As it was said in previous BTC update, it’s important to stick to the well-defined levels to go short or long
I hope you stuck to my analysis and went long when BTC started breaking out
CryptoBullet
BTC 3h We have a pretty clean horizontal channel with a couple of fake breakouts Notice how the fake breakdown symmetrically cancels out the fake breakout of the horizontal channel to the upside This confirms the channel boundaries I have drawn EMA50…
🚀🎯 BTC reached my 11.9k target!
Congratulations to those who followed!
Congratulations to those who followed!
Bitcoin is trending up while the stock market is going down (on 4h scale)
This divergence means that there’s some negative correlation again
💡Maybe this cycle we'll see the decoupling BTC from equities
Interesting to see how this will go with the Inflation to continue in the USD
Weak dollar is Bitcoin's ultimate catalyst 🚀
This divergence means that there’s some negative correlation again
💡Maybe this cycle we'll see the decoupling BTC from equities
Interesting to see how this will go with the Inflation to continue in the USD
Weak dollar is Bitcoin's ultimate catalyst 🚀
CryptoBullet
BTC: Macro View https://www.tradingview.com/chart/BTCUSD/AyQPhbT1-BTC-Macro-View/ ❗️Guys, please, click the LIKE button. I would appreciate it
Update
🚀 This is a historical BTC breakout! 🚀
🚀 This is a historical BTC breakout! 🚀
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there’re no overloads, freezes, crazy scam wicks or lack of liquidity. It’s pretty transparent and there’s no KYC
🔥Now is the best time to move to ByBit! Here’s why👇
You can get up to $300 bonus if you register through this link, deposit needed amount of money and use voucher code Get300fromCryptoBullet
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⏳ This offer has time limitations and it will end very soon
CryptoBullet
ETH update Look at how perfectly the price of ETH reached the Resistance Cluster and got rejected there And also notice how well the Major S/R Level is supporting the price since the rejection 📌 ETH has to hold this support level, otherwise it will lead…
ETH update
So, after a massive BTC pump to 13k, ETH reaching $800 doesn’t look unreal, right?
The good news is that the Major S/R level held and now acts as a very strong support
However, $470-500 is a pretty tough area to break through
Once that Resistance Cluster is cleared, ETH will go up much quicker 🚀
So, after a massive BTC pump to 13k, ETH reaching $800 doesn’t look unreal, right?
The good news is that the Major S/R level held and now acts as a very strong support
However, $470-500 is a pretty tough area to break through
Once that Resistance Cluster is cleared, ETH will go up much quicker 🚀