CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|

2022-05-13 15:32:10 #BTC/USD Quick Update 1D-Frame S & R Chart Update #Bitcoin couldn't stay above 39000$ in the previous move and unfortunately dumped again below many important supports. If #Bitcoin can't stay above the last important support at 35000$ (Must close weekly… Open / Comment

2022-05-13 14:28:20 https://www.investing.com/news/economy/musks-twitter-deal-on-hold-crypto-rally-china-slows--whats-moving-markets-2824359 Open / Comment

2022-05-13 12:38:12 Chinese high court rules Bitcoin has economic value and is legally protected

https://finbold.com/chinese-high-court-rules-bitcoin-has-economic-value-and-is-legally-protected/ Open / Comment

2022-05-13 12:32:08 LUNA & UST Trading Suspended
https://www.binance.com/en/support/announcement/f68451879a1841a6a0f44025735d9236 Open / Comment

2022-05-13 12:30:34 Crypto Sentiment of Today
Status: Extreme Fear
Value: 12/100

Crypto Market Stats
Market Cap: $1,359,771,105,267
BTC Dominance: 42.59%
24h Volume: $535,508,105,099

BTC/USDT on Binance [1D]
Total Orders: 3,412,250
Buy Orders: 1,694,998
Sell Orders: 1,717,252

Buy Volume: 2.47B USDT
Sell Volume: 2.40B USDT

Biggest Orders
2.70M USDT
2.40M USDT
2.13M USDT

Buyers in Control Open / Comment

2022-05-12 14:16:51 #onchain #analysis
#BTC #short_term

We haven't found the bottom yet, but we may be in the final stages

In the last few days the activity of very long term currencies (Above 12/6/18 months) has been intensifying on the network. The Spent Output of these coins indicates strong entry movement on exchanges.

When we look at what kind of exchanges these coins are going to, the scenario is clear, strong entry into derivatives exchanges shows two things in my view: a part of more experienced investors start structuring hedging positions against the fall and less experienced investors try to speculate in the current high volatility.

To conclude, an important indicator at this point is also the base mining cost. In the indicator presented, the upper band shows the total cost was at 34k, the electricity cost that is the lower band is at 20k, which was never lost in other bear bottoms.

In this perspective with LTHs selling and a possible selloff of miners, we may have more short-term selling pressure. Open / Comment

2022-05-04 22:18:20 #BTC/USD Quick Update
4H-Frame S & R Chart Update

#Bitcoin is breaking multi week down trend channel. Closing the daily candle above the 39700$ (Weekly above 39000$) will confirm the breakout of this channel.

https://www.tradingview.com/x/oDn6BylX/ Open / Comment

2022-05-04 21:14:54 FED just raised interest rates 50 basis points (as expected). Open / Comment

2022-05-04 20:30:18 Economic Calendar (GMT)
Fed Interest Rate Decision in 30 mins Open / Comment

2022-05-04 20:20:33 Is Bitcoin poised for a breakout after today’s Fed meeting? Here’s what the experts say

https://finbold.com/is-bitcoin-poised-for-a-breakout-after-todays-fed-meeting-heres-what-the-experts-say/ Open / Comment