BTCNewHigh
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LIVERAFUN
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Attention Everyone đą
$BTC USDT 1 Day Time-Frame Update đš$SUI
#Bitcoinâ is now on retest processing, It is still #Bulish đŠŹ
But the Market for Israel, Iran, Lebanon and the đșđž #uselections will remain unpredictable for a few days.
ICO #etherreum investors sold $ETH after 9 years holding. That's Why #ETHđ„đ„đ„đ„ is pPulling the entire Market down.đ
$BTC USDT 1 Day Time-Frame Update đš$SUI
#Bitcoinâ is now on retest processing, It is still #Bulish đŠŹ
But the Market for Israel, Iran, Lebanon and the đșđž #uselections will remain unpredictable for a few days.
ICO #etherreum investors sold $ETH after 9 years holding. That's Why #ETHđ„đ„đ„đ„ is pPulling the entire Market down.đ
Dave the Wave, known for predicting BTC's May 2022 decline, suggests a new high isn't far off, stating an 87% rise required for a record; observing BTC's current testing of the logarithmic growth curve's upper resistance on the 1-month chart, hinting at a potential pre-surge movement akin to 2020 pre-halving rally, deeming a new record not "impossible." đđđĄ #bitcoinworld #BTCNewHigh
Data is coming 7.00pm HIGH DATA
BIG PUMP BIG DUMP READY
No one with support should panic Only hold your coins hold is gold đ„đ„
#BTC80K #BTCUpdate #BTCBULLISH #BTCNewHigh
BIG PUMP BIG DUMP READY
No one with support should panic Only hold your coins hold is gold đ„đ„
#BTC80K #BTCUpdate #BTCBULLISH #BTCNewHigh
#Bitcoinâ / $BTC
Overlayed the fractal of last September / October's price action to this year's just for fun.
It serves as a good reminder that September did mark the bottom of the range and "Uptober" led to a solid shift in momentum higher, but the real fun started at the end of the month through December.
I like the idea of the general path. It aligns with my theory of "Range through the election. Rip when it's over."
Just a bit more patience bros. Won't be long before sleepless nights are the norm again. Enjoy the calm while it lasts.
#BTCâ #BTCNewHigh #BinanceSquareFamily #TredingTopics
Overlayed the fractal of last September / October's price action to this year's just for fun.
It serves as a good reminder that September did mark the bottom of the range and "Uptober" led to a solid shift in momentum higher, but the real fun started at the end of the month through December.
I like the idea of the general path. It aligns with my theory of "Range through the election. Rip when it's over."
Just a bit more patience bros. Won't be long before sleepless nights are the norm again. Enjoy the calm while it lasts.
#BTCâ #BTCNewHigh #BinanceSquareFamily #TredingTopics
#BTCâ breakout & large calendar spread $
Its raining stimulus and BTC is loving it. The cryptocurrency's price rose past $66,000 during the NY hours, validating Thursday's bullish outside day candle.
The hourly chart looks equally bullish with a nice textbook ascending trendline and an expanding channel breakout.
The immediate resistance/target is close to $70K. A move past that level would mark a bullish exit from the mildly descending six-month long price channel.
In traditional markets, gold is looking a bit overstretched relative to its 200-day SMA, prompting calls for rotation of money out of the yellow metal and into other assets like BTC. The steepening of the T-yield curve has stalled with the 10y02y spread narrowing to 18 bps from 22 bps. The renewed relative resilience of the two year yield could be due to markets reassessing the Fed rate cut outlook in the wake of China's stimulus and its potential inflationary impact on commodity prices.
Speaking of commodities, the copper-to-gold ratio has breached the downtrend from May, offering positive cues to commodity bloc currencies, mainly AUD and risk assets in general.
Meanwhile, the Japanese yen is solidly bid, as Ishiba topped dovish rival to win the top job at the LDP. , the risk barometer of currency markets, is down, suggesting scope for a pullback in risk assets, including #BTC.
The immediate bullish outlook for BTC would be negated below $62.3K.
Broadly speaking, calls continue to be pricier than puts, indicating a bullish bias.
But we saw a large calendar spread cross the tape on Deribit today. Someone bought 225 contracts of Oct expiry 77,000 call while simultaneously selling 225 contracts of Nov expiry 100,000 call.
This strategy is used to capitalize on expected short-term boost in implied volatility (price swings) while managing risk with the long-term position.#TrendingBinance #BTCNewHigh #BinanceSquareFamily
Its raining stimulus and BTC is loving it. The cryptocurrency's price rose past $66,000 during the NY hours, validating Thursday's bullish outside day candle.
The hourly chart looks equally bullish with a nice textbook ascending trendline and an expanding channel breakout.
The immediate resistance/target is close to $70K. A move past that level would mark a bullish exit from the mildly descending six-month long price channel.
In traditional markets, gold is looking a bit overstretched relative to its 200-day SMA, prompting calls for rotation of money out of the yellow metal and into other assets like BTC. The steepening of the T-yield curve has stalled with the 10y02y spread narrowing to 18 bps from 22 bps. The renewed relative resilience of the two year yield could be due to markets reassessing the Fed rate cut outlook in the wake of China's stimulus and its potential inflationary impact on commodity prices.
Speaking of commodities, the copper-to-gold ratio has breached the downtrend from May, offering positive cues to commodity bloc currencies, mainly AUD and risk assets in general.
Meanwhile, the Japanese yen is solidly bid, as Ishiba topped dovish rival to win the top job at the LDP. , the risk barometer of currency markets, is down, suggesting scope for a pullback in risk assets, including #BTC.
The immediate bullish outlook for BTC would be negated below $62.3K.
Broadly speaking, calls continue to be pricier than puts, indicating a bullish bias.
But we saw a large calendar spread cross the tape on Deribit today. Someone bought 225 contracts of Oct expiry 77,000 call while simultaneously selling 225 contracts of Nov expiry 100,000 call.
This strategy is used to capitalize on expected short-term boost in implied volatility (price swings) while managing risk with the long-term position.#TrendingBinance #BTCNewHigh #BinanceSquareFamily
