ASH WSB

2022-09-04 08:24:02 SP500 has retraced its ENTIRE Pandemic run Open / Comment

2022-09-04 07:01:22 Bitcoin is -71% off its all-time high, yet adoption is accelerating faster than ever

Zoom out. This is the least uncertain monetary tool humans have ever discovered, and global adoption is < 0.4% Open / Comment

2022-09-04 05:16:05 As The Merge approaches, traders are more interested in Eth than BTC futures Open / Comment

2022-09-04 03:44:20 ETH quick take:

Ethereum might be telling us something on the 4 Hour time frame.
Broke below the trendline & those circled 4-hour candles shows weakness.
Horizontal support around $1525 serves as the crucial key level right now and we would not want to see a close below it.
The next support sits at 1,421 zones. Keep an eye on this move. Open / Comment

2022-09-03 19:04:16 FOR TODAY'S UPDATE

Today's Fear and Greed Index is 21 – CHECK HERE

BTC entering the exchanges for today: $167.3M – CHECK HERE

MARKET HIGHLIGHTS

Bitcoin slips back below $20k

Bitcoin dominance also falls below 40%

Ethereum remains flat near $1550

Altcoins keeping a low profile despite BTC dominance slipping

CURRENT ENTRY

PENDLE/USDT: Price is breaking out, wait for retest – SEE HERE

CRYPTOTWITTER (CT)

Key upcoming dates to keep in mind this September – SEE HERE

BlackRock to Use Kraken Subsidiary for Crypto Offering – SEE HERE

ON-CHAIN

Deep Value Cross Signal occurred again 8 days before the current #BTC low – SEE HERE Open / Comment

2022-09-03 18:31:34 September 3 Bitcoin Update:

BTC slipped below $20,000 after the release of the US Job data. BTC's Daily chart closed below $20,000. The weakness in the daily and weekly chart indicates sideways price action for September. This also indicates that BTC can test support again at $17,600.

The US Index is also close near weekly lows. All markets are facing the fear of high Interest rates in the coming FOMC meeting hence market is weakening. If the Global market dumps then BTC can see new lows too.

Market is reacting from the FEDs last meeting in which Powell said they can continue high interest rates to control inflation. Do not expect any big moves in the market in the coming days/months, instead the market will run in a slow sideways zone.

Important Dates
CPI Report: Sept. 13
FOMC meeting: Sept. 21 Open / Comment

2022-09-03 17:25:03 September will be a busy month

Keep these dates in mind:

Sept 13: CPI data
Sept 15: $ETH merge
Sept 16: Mt. Gox Claims Deadline
Sept 21: FOMC rate hike decision
Sept 22: $ADA Vasil Hardfork Open / Comment

2022-09-03 10:50:36 And the bearish sentiment in the market keeps building.

Sentiment is used to gauge the psychological behavior mostly for retail, and they currently are fearful on the market Open / Comment

2022-09-03 04:10:13 Bitcoin dominance drops under 40% for the first time since January.

Keep a close eye on those alts. Open / Comment

2022-09-02 19:58:03 FOR TODAY'S UPDATE

Today's Fear and Greed Index is 25 – CHECK HERE

BTC entering the exchanges for today: $28.3M – CHECK HERE

MARKET HIGHLIGHTS

Bitcoin reacts positively to bad US employment data but remains range bound below $20600

US indexes also opened positive after the release of US employment data

Dollar Index hangs on to 109

CURRENT ENTRIES

PENDLE/USDT: Waiting for breakout – SEE HERE

CRYPTOTWITTER (CT)

We are not yet in the Bull Market, according to aSOPR indicator – SEE HERE

Coinbase Mispricing Allows Users in Georgia to Cash Out for 100 Times Rate – SEE HERE

ON-CHAIN

Bitcoin MVRV Z-score has finally left the green zone – SEE HERE Open / Comment