Btcusdlong
COINBASE(COIN)/BTC CorrelationIn the past months investors have been watching carefully the recovery of Coinbase as one of the biggest partners in the financial industry as crytocurrencies seem to recover from the last downturn. Many investors, traders and fans of crypto have been watching with a lot of hype the launch of the ETFs; which hasn't resulted in what most of them expected: a massive bull run as these instruments got green light from public authorities.
Cathie Wood's ARK investment instruments have been continuously dumping Coinbase shares in the last months, possibly to balance the holdings of the ETF ARKW(ark-funds.com), and the crypto-exchange shows 2 interesting things: certain degree of correlation with BTC and extraordinary earnings.
However the last earnings should have been fuelling this stock but they didn't due to weaknesses in their fundamentals and tough valuations with shallow price targets. If done carefully, COIN can be used to track small spikes in price and short trends in BTC and ETH. The future could be promising for Coinbase, but from a macroeconomic standpoint we are not out of the woods at all.
My observations tell me that the markets like to be bearish on COIN, but for short term wave riding, it could be worth it - just make sure you have appropriate risk management when doing so.
Crypto bull-cycle started?US01MY just crossed-up US10Y, which -if history is any guide- indicates an impeding long-term crypto market reversal and signals the start of a new bull-cycle .
Given my previous prediction for BTC to bottom out at $9.5k - $10k, I expect a strong market shake-up in the upcoming 2-4 weeks .
Good luck all.
All halvings on one chart💥Hello, crypto enthusiasts!🫶
The next Bitcoin halving is expected in April 2024. It's difficult to predict the exact date as it depends on the block height. Since halving occurs every 210,000 blocks, the next Bitcoin halving is expected in April 2024 when the block height reaches 840,000.
Positive sentiments surrounding the Bitcoin halving have historically been associated with price fluctuations, as some investors anticipate price increases after the halving.
Although historically Bitcoin prices have tended to increase after halving, it's important to consider that this trend is not guaranteed, and we cannot predict future price dynamics. Price trends will depend on circumstances in 2024 related to the Bitcoin halving event, including further adoption and other demand-related factors.
Below are the price jumps in BTC after the halving.👇
Long before the halving, the price formed a wedge (I deliberately colored it in violet for comparison with this period in 2020). On the day of the halving, the price of Bitcoin was approximately $12. Forty-one days later, the price significantly increased to approximately $130, demonstrating significant growth. Immediately after the halving, the price formed a small wedge, resembling an accumulation zone, and after it, there was a significant price increase.
For a long time from 2013 to 2015, the price formed a wedge (I deliberately colored it in green for comparison with the upcoming 2024 halving). In 2015, the price remained in a consolidation zone for some time and began to form a inverted wedge (orange color).
On the day of the halving, the price of Bitcoin was approximately $660. By January 9, 2017, the price had increased to approximately $900, indicating significant growth in value over six months. Immediately after the halving, the price formed a small wedge, resembling an accumulation zone, and after that, there was a significant price increase.
Long before the halving, the price formed a wedge (I deliberately colored it in violet for comparison with the 2012 period).
The price of Bitcoin was approximately $8,600 on the day of the halving, and six months later, around November 11, 2020, it had risen to more than $15,700.
Immediately after the halving, the price formed a small wedge, resembling an accumulation zone, and after that, there was a significant price increase.
For a long time from 2021 to 2022, the price formed a wedge (I deliberately colored it in green for comparison with the upcoming 2016 halving). In 2022, the price remained in a consolidation zone for some time and began to form an inverted wedge (orange color).
On the day of the halving (which will take place in April of this year), the price of Bitcoin is likely to be within the boundaries of the orange wedge. Immediately after the halving, the price will form a small wedge, resembling an accumulation zone, and after that, there will likely be a significant price increase.
Why am I making such a forecast? Because every previous time it happened just like this!
This halving is more similar to the one in 2016 based on price movements!
Hey guys, I'm really curious about your opinion! Did you like my post?
I put a lot of effort into it, and I'd be glad to see your engagement!
Always sincere with You,
Your Kateryna💙💛
BTCUSD Zone Sell Bitcoin (BTC) is recognised as the world’s first truly digitalised digital currency (also known as a cryptocurrency). The Bitcoin price is prone to volatile swings; making it historically popular for traders to speculate on. Follow the live Bitcoin price using the real-time chart, and read the latest Bitcoin news and forecasts to plan your trades using fundamental and technical analysis.
BTC/USD sell confirm
Pi Cycle Indicates The Bottom of Bitcoin.Pi cycle indicator has shown a bottom signal in July month, that’s the third time in the history of bitcoin.
This indicator accurately predicted the 2015 and 2018 bitcoin bottom.
If this indicator works for the third time then we are at the bottom of the bitcoin bear cycle.
Thanks
Hexa
BTC Next Move within 11-15 DaysBTC will hit $62,528.74 Within 11-15 Days
The historical trend suggests that once Bitcoin (BTC) surpasses the $50,000 threshold, it typically enters a bullish phase, experiencing significant gains. This observation is based on past market behavior, where crossing this key price point has often led to increased investor confidence and subsequent price surges.
BTCUSDT: 4-Hour Rally to 46000! 🚀🎯Dive into the world of BTCUSDT as we ride the 4-hour chart with an active trade, capitalizing on a strong uptrend. An order block has formed, and an adaptive trend is in play, signaling potential gains. Keep your sights on the target: 46000.
This is a dynamic market scenario, and active trading decisions should align with thorough research and risk management. Always stay informed and adapt to changing market conditions.
Note: We are not responsible for any profit or loss resulting from trading decisions. Trade responsibly and consider consulting a financial advisor.
Explore the opportunities, navigate the charts, and consider the potential of BTCUSDT with this active trade analysis. 🌊💹 #BTCUSDT #ActiveTrade #Uptrend #DynamicMarkets
BTCUSD H1 / POSSIBLE RISE AFTER THE RETRACEMENT 💲Hello Traders!
This is my idea related to BTCUSD H1. I expect a retracement until the resistance level, after that, I will look for a long entry. At this stage, I see Bitcoin as more bullish than bearish.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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BTC Bull & Bear historical Periods 3 Bull & Bear Markets
Bull markets took around 152 weeks...
then
V
v
v
v
v
Bear Markets took around 52-59 weeks..
then
v
v
v
v
v
v
v
Bull Market gain...
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After 2021 ATH
BTC recorded his current bottom after 52 weeks ( 15500 $).
BTC pumped after 59 weeks .
then what ?
Will the history will repeat itself again ??
if we will be alive inshallah ,we will see the next 152 weeks to ( October - November 2025 ) if this will be the New ATH of the next bull market or not :D
It is not a financial advice , PLZ DYOR
Bitcoin Price in Need of a Boost: Key Levels to WatchThe current state of Bitcoin's value requires a push from investors, as the cryptocurrency finds itself hovering around the $43,000 mark at the time of writing. Following a 7.7% dip over the past weekend, BTC has fallen below the upward trendline, which previously acted as a crucial support level.
The Relative Strength Index (RSI) has also, for the first time in three months, dropped below the neutral 50.0 level, indicating a mild downward trend at present. Despite Bitcoin's attempts to break free from the 50-day Exponential Moving Average (EMA) at around $42,069, there is potential for recovery as long as the $44,000 barrier is breached.
The market sentiment surrounding Bitcoin hinges on the successful overcoming of the $44,000 resistance, offering a chance for the cryptocurrency to regain its footing. Investors will be closely monitoring this critical level, as a decisive breakthrough could pave the way for a renewed upward trajectory. As Bitcoin navigates these key levels, the coming days will likely unfold with significant implications for its short-term price action.
BTCUSD H1 / EXPECTING A BULLISH MOVE IN THE COMING WEEK 📈Hello Traders!
This is my idea related to BTCUSD H1. I see equal lows on the chart, a good sign for bullish sentiment. Before going bullish it set equal lows to collect some SL of the retails and now I will look only for long entries.
An objective, I have 2 TPs. The first one is above the FVG where we have an OB and the next TP is the second OB (you can see 30M chart).
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
____________________________________
Follow, like, and comment to see my content:
www.tradingview.com