ONE - Crypto Insider

2022-05-09 16:30:24 So MM is interested in further price reduction..

Great , I'm running another buy limit order at $30,050. If, nevertheless, the price can be pushed there, this will be an excellent entry point.

#BTC #correction #entry point Open / Comment

2022-05-09 16:28:32 And here are the negative news:

The Goods and Service Tax (GST) Council in India is soon likely to consider levying 28 percent GST on cryptocurrencies. The government's view is to bring cryptocurrencies at par with lottery, casinos, race courses, and betting, sources have told CNBC-TV18.

Edul Patel, chief executive officer of Mudrex, an algorithm-based crypto investment platform told Bloomberg, “The downward trend is likely to continue for the next few days,” he said, noting Bitcoin could test the $30,000 level.

#BTC #news #correction Open / Comment

2022-05-09 00:12:20 I know a lot of people are scared right now. Many want to sell everything and get out of the market. And stay away from it - until this fear passes. But that's when you need to buy. When there are many liquidations and few willing to buy.

I continue my purchases according to my strategy. Calmly and prudently.

My order to buy Bitcoin at $34,400 has been executed today
The second order continues to wait for the price at the next support level - $32,950

It would be nice to place another $28,600 limit order but I have serious doubts that the price will be able to go that low.

I expect a price reversal in the next 7 to 14 days.
The minimum price I expect from a rebound is $42,800 - $45,300. This is if you're a pessimist.
And more positive expectations are around $48,200 - $50,000.

#BTC #correction Open / Comment

2022-05-05 00:38:58 The Fed meeting has passed - nothing new in general. The rate, as expected, was raised by 0.5% and now stands at 1%, the Core PCE index has already grown to 5.2%. At the next meetings, the Fed will continue to raise the planned rate hike.

It did not cause any panic, moreover, immediately after the Press Conference, the S&P 500 showed a sharp upward momentum, while the DXY, on the contrary, began a rapid decline. Ideal conditions for a new bull rally.

As a result, Bitcoin grew up to $40,000. To continue growing, it needs to break through the $43,000 level and gain a foothold above. Otherwise, it will continue to slide down.

#Fed #BTC #DXY Open / Comment

2022-05-03 00:47:04 There are no major changes on the market. BTC is trading in a falling wedge. Whales are actively buying BTC. Its number on the exchanges continues to decrease. Everyone is waiting for the next meeting of the Fed, which is scheduled for May 4th.

April 30th didn't have the big crash I was hoping for. BTC dropped to $37,600 that day which was not low enough for my next purchase. But many altcoins fell significantly more that day. As a result, a lot of long orders were opened specifically for alts.

Satisfied hamsters bought altcoins at very attractive prices and now they are waiting for a rocket.. But they will not fly anywhere. I am sure that before throwing BTC to new heights, the market maker will first shake out the extra passengers well. One or two powerful downward impulses could help with this. After that, I still expect a strong rise in Bitcoin on the decline in DXY.

I place limit orders to buy BTC:
1 - $34,400
2 - $32,950

#BTC #DXY Open / Comment

2022-04-28 00:49:08 One of the reasons why I expect a rapid growth is the strong performance of the Dollar Currency Index (DXY). Every time IDX reached its maximum values, it fell rapidly and Bitcoin began to grow no less rapidly. The weakening US Dollar is a booster for high-risk assets like Bitcoin.

So it was on December 20, 2016 and March 26, 2020. Now IDX is at the same value - 102. It can go a little higher - up to 105 maximum and then there will be a collapse. In this IDX crash, I plan to see Bitcoin growth

Well, let's wait a bit and see.

#BTC #DXY Open / Comment

2022-04-26 21:19:46 I haven't written anything on the channel for a long time - I had a family vacation.

On April 19, I sold my ETH for BTC at a price of 0.075 BTC. At the moment, having BTC is more profitable in my portfolio than ETH. This is 50% of all my funds.

According to information from my insider - on April 30, certain events are possible in the world that can lead to a decrease in all financial markets, including the crypto market and Bitcoin.

On this decline - I will buy additionally BTC by 25 - 35%. If for some reason there is no decline on April 30, then I'll buy more BTC after the confirming of the upward trend.

Globally, in the first half of May, I expect the growth of cryptocurrencies. I want to meet it in BTC - then on a local correction I will re-enter a fundamental altcoins. But it's too early to talk about it.

#BTC #ETH #crypto_insight Open / Comment

2022-04-13 01:39:04 The situation on the crypto market is without any changes. BTC continues to hold at the support level of $39,700. Breaking through and fixing below which will mean that BTC will soon drop to the next support level - $ 37,600 - $ 37,000.

ETH, as I said, has pretty solid support at the $3,000 level. In this situation, ETH looks like a more reliable asset than BTC. What supported by the ETHBTC chart.

In stock indices, and above all in the S&P 500, I expect a rebound in the nearest future. It's hard to say how strong it will be - but it can be a good booster for BTC.

#BTC #ETH #SP_500 Open / Comment

2022-04-11 22:25:13 Locally, this is a good entry point for a small percentage of the deposit. Today I bought some ETH at an average price of $3045. Just at the current level of support. This is a fairly solid level and the chance that ETH will drop below $3000 isn't great.

If ETH is likely to drop below $3,000, buyers will eagerly buy it back and most likely we can see a good bounce up from this level.

This deal is purely short-term - I expect to get a profit in the next few days or a week.

#ETH #entry_point Open / Comment

2022-04-11 19:21:39 Bitcoin's expected decline continues. I gave the trajectory of this correction on the channel on March 25th. BTC is currently trading in the $40,000 - $41,000 range.

In fact, nothing critically terrible happened. As long as BTC has not fallen below $39,700, it still has a significant chance to bounce back to its previous recent values. Or even higher.

But it must be admitted that buyers are in no hurry to seize the initiative from sellers, which is also helped by today's decline in the S&P 500.

#BTC #correction Open / Comment