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! 🚀
Do you still trade on BitMEX? You should move to some other exchange, and in my opinion ByBit is the best alternative!
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
https://partner.bybit.com/b/cryptobullet
⏳ This offer has time limitations and it will end very soon
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
https://partner.bybit.com/b/cryptobullet
⏳ 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 🚀
BTC Daily
We almost reached the top of this upward channel
💡A reasonable pullback from here would be visiting the mid line of the channel which sits around 12.5k
Overall, the picture looks decent. A minor pullback should not scare you
📍Look how healthy the Funding rate is at this point. This is good for the bulls
We almost reached the top of this upward channel
💡A reasonable pullback from here would be visiting the mid line of the channel which sits around 12.5k
Overall, the picture looks decent. A minor pullback should not scare you
📍Look how healthy the Funding rate is at this point. This is good for the bulls
Yesterday the stock market had a pretty bad day, but Bitcoin was flat - we had a doji candle
📌 The elections are coming and the main question is how the markets will react
There’s a decent probability that the stock market will take a dip
Taking into account the correlation between BTC and S&P500, I don’t expect a severe BTC crash after the elections
💡We can just stay flat as we did yesterday while the stock market took a hit
📌 The elections are coming and the main question is how the markets will react
There’s a decent probability that the stock market will take a dip
Taking into account the correlation between BTC and S&P500, I don’t expect a severe BTC crash after the elections
💡We can just stay flat as we did yesterday while the stock market took a hit
CryptoBullet
BTC: Macro View https://www.tradingview.com/chart/BTCUSD/AyQPhbT1-BTC-Macro-View/ ❗️Guys, please, click the LIKE button. I would appreciate it
BTC update
🎯 Target Reached! Profit 18% without leverage
🎯 Target Reached! Profit 18% without leverage
CryptoBullet
BTC Daily We almost reached the top of this upward channel 💡A reasonable pullback from here would be visiting the mid line of the channel which sits around 12.5k Overall, the picture looks decent. A minor pullback should not scare you 📍Look how healthy…
BTC perfectly hit the top of the channel and got rejected there
Funding still flat, which is incredible
I think we’re not ready to breakout to the upside of this channel yet. Has to spend some time below the top. A pullback here will be a good buying opportunity
💡Going above today’s high would be insanely bullish. In that case I would expect 15k
Funding still flat, which is incredible
I think we’re not ready to breakout to the upside of this channel yet. Has to spend some time below the top. A pullback here will be a good buying opportunity
💡Going above today’s high would be insanely bullish. In that case I would expect 15k
Quite bullish chart: Bitcoin Balance on Exchanges
We see that the number of coins on exchanges has been decreasing since February
📍 That is a sign of new HODLers coming in and buying Bitcoin and moving it to cold storage
[ That’s a very consistent bullish behaviour we saw in 2016 before the moon run of 2017 and also in the 3-4k bottom in 2019 before 13k top ]
And currently we are seeing the major scoop-up off these spot exchanges and moving coins to cold storage
It’s never been this long (very bullish) 🐂
We see that the number of coins on exchanges has been decreasing since February
📍 That is a sign of new HODLers coming in and buying Bitcoin and moving it to cold storage
[ That’s a very consistent bullish behaviour we saw in 2016 before the moon run of 2017 and also in the 3-4k bottom in 2019 before 13k top ]
And currently we are seeing the major scoop-up off these spot exchanges and moving coins to cold storage
It’s never been this long (very bullish) 🐂
🎉 Happy 12th Birthday Bitcoin!
Oct. 31st, 2008 Satoshi Nakamoto shared the Bitcoin whitepaper with the world
From the Bitcoin whitepaper: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution”
📌 To note:
Bitcoin: a digital currency with limited and known supply, no borders, and no central group controlling it.
US Dollar: a digital currency with unlimited and unknown supply, border restrictions, and controlled by a banking cabal.
What's in your wallet?
Oct. 31st, 2008 Satoshi Nakamoto shared the Bitcoin whitepaper with the world
From the Bitcoin whitepaper: “A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution”
📌 To note:
Bitcoin: a digital currency with limited and known supply, no borders, and no central group controlling it.
US Dollar: a digital currency with unlimited and unknown supply, border restrictions, and controlled by a banking cabal.
What's in your wallet?
BTC Monthly
We’ve got the second highest monthly close in Bitcoin’s history!
If it does go above local highs and breaks through 14k, then I would be actually expecting this to lead to potentially a very big move
📍13.9k is a very significant level
If we can flip it to support, my next macro target is 17k 🎯
We’ve got the second highest monthly close in Bitcoin’s history!
If it does go above local highs and breaks through 14k, then I would be actually expecting this to lead to potentially a very big move
📍13.9k is a very significant level
If we can flip it to support, my next macro target is 17k 🎯
CryptoBullet
BTC update 🎯 Target Reached! Profit 18% without leverage
BTC weekly update
Look how perfectly that 1.618 Fib level is holding as resistance!
Last week’s candle closed just below it and this weekly candle is being rejected so far
🐂 This still has a lot of bullish momentum
Look how perfectly that 1.618 Fib level is holding as resistance!
Last week’s candle closed just below it and this weekly candle is being rejected so far
🐂 This still has a lot of bullish momentum