CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|

2022-10-05 11:39:44 #BTC/USD

Bitcoin Pumped as expected
+1300$ details on chart

#Bitcoin broke November 2021 trendline and this may through Bitcoin to pullback. Dollar Index near latest breakout level at 110 which can be a suitable spot for bullish bounce. SPX formed 11 upclose candles in a row. All that gives us that conclusion. But as long as we find support around 19.4-19.5k we should have a bounce to make upward move.

Technically, at 1D frame technical technical situation remains positive with the MACD and WaveTrend pointing upwards. On a 4h time frame, the indicators are also positive despite signs of bearish curves visible on the WaveTrend.

Resistances : 20380 - 21000 - 21600
Supports : 19800 - 19400 - 19040

https://www.tradingview.com/x/g66Wie4r/ Open / Comment

2022-10-05 11:39:12 If we assess #Bitcoin volumes flowing in and out of exchanges by Whale sized entities (> 1k $BTC), we can estimate their cost basis (Realized Price).

The average price of Whale Deposits/Withdrawals since Jan-2017 is currently around $15.8k.

Price : $ 20,200
BITCOIN DOMINANCE : 41,84%
TOTAL MARKET CAP $ : 0.92T

The buyer this time confidently holds the price above $ 20,000, so I think we can consider medium-term LONGS on the market. Open / Comment

2022-10-05 11:38:11 Here is our Crypto Market Daily Review.

- The market is growing today. Market cap is $990B, Bitcoin is trading at $20.1K. Open / Comment

2022-10-04 13:42:58 Whales deposit Ethereum into the exchange and raise prices to sell it at a higher price. Open / Comment

2022-10-04 13:41:13 #Bitcoin has been trading very close to its estimated cost of production price since the June sell-off.

The Difficulty Regression Model is hovering at $18,300, and signals a potential threshold for acute income stress in the mining industry. Open / Comment

2022-09-30 20:12:43 Here is our Crypto Market Daily Review.

- The market is neutral today. Market cap is $973B, Bitcoin is trading at $19.4K. Open / Comment

2022-09-30 20:11:52 Weekly Bitcoin Highlights (2022.09.30)

"Futures Market Dominance in the Bitcoin Price Fluctuations." Open / Comment

2022-09-24 19:40:35 #BTC/USD

#Bitcoin move stop below 18780 and set next TP above 19 600.

We have to Pump to 20 000 ASAP to confirm upward move.. Last bounce didnt create any volume yet, so possible fall back at least to 18900. If bounce there it will create potential for for the next swing to 20 500$ / 21 000$. And that will create a chance for reversal, which seem so impossible at high timeframes, that we prefer to remain a scalper for now.

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

2022-09-23 14:18:42 #Bitcoin Technical Indicators :

Technically, at 1D frame technical situation remains negative but we can already see signs of bullish curves on the WaveTrend. On a 4h time frame, the indicators are positive.

What to do now?

At the risk of repeating ourselves, prices remain in a range where it is not wise to open a swing position, so patience!


#BTC Main 23.09.2022

BTC: $ 19,000
ETH: $ 1,300
BITCOIN DOMINANCE 40,68%
TOTAL MARKET CAP $ 0.89T
Crypto Fear & Greed Index: 20

More technical updates incoming

PIN OUR CHANNEL ON TOP Open / Comment

2022-09-23 14:18:16 Binance Market Update: 2022-09-23

SANTOS +46.51% | RSR +30.58% | XRP +16.63% |
BTC -0.53% | ETH +2.02%

The global cryptocurrency market cap now stands at $0.93T, up by 0.66% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $18,783 and $19,533 over the past 24 hours. As of 09:00 AM (UTC) today, BTC is trading at $19,061, down by -0.75%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SANTOS, RSR, and XRP, up by 38%, 30%, and 19%, respectively. Open / Comment