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The latest Messages 6
2022-02-13 03:30:49
BTC/USD
Bitcoin price just crossed the 50D moving average on the daily chart for the past few days.
Usually a good sign for price
Likely to see some follow up price increase.
It can cross down again and wait for other opportunities.
C/O: Jan Wüstenfeld
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5 viewsedited 00:30
2022-02-12 07:30:19
Bitcoin Stablecoin Supply Ratio Oscillator shows times of correction and impulse.
Bitcoin looks identical with pattern 2 which can be interpreted as a potential impulse soon
Source Here
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15.6K viewsedited 04:30
2022-02-11 18:23:01
Fact: BTC able to make 4 consecutive green candles first time after dropping from 69k, as per old trend ,it brings confidence in market.
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7.0K viewsedited 15:23
2022-02-11 07:21:36
Bitcoin Historical Monthly returns chart show that February has a 72% positive outlook compared past month while March would usually indicate a retracement. There’s only 2 years Bitcoin resulted a negative annual return (2014 & 2018) with most years developing more than 50% growth
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10.5K viewsedited 04:21
2022-02-09 08:21:11
Fear and Greed Index for today is 45.
On the neutral side although the metric still indicates fear.
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1.5K viewsedited 05:21
2022-02-08 18:32:17
Feb 8: Bitcoin
Bitcoin turned very bullish after the breakout from a falling wedge pattern. This propelled Bitcoin from $38000 to $45000 without any correction. A major resistance on $45000 is where bears will try to pull back the price. Daily close above $45000 will open new targets within the $50k-$52k range.
The 4H RSI is overbought, so we can expect 5%-8% pullback at any point. These corrections will be good buying opportunities for this month. The 42k and 39k will be good supports to place bids on.
It is important to understand that $34k was a safe call to open a long position with low risk and high reward. For a fresh long, it is advisable to wait for better buying opportunities.
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13.1K viewsedited 15:32
2022-02-06 03:20:09
It’s been 2 months for a stronger spot premium over derivatives for Bitcoin. This depicts that the market has retraced long enough to have healthy market against leverage. This is good for accumulation as the weak hands are starting to leave
Source Here
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1.0K viewsedited 00:20
2022-02-06 00:45:32
Since Feb 8, 2021, this is the biggest one day % gain for BTCUSD.
C/O: bithedge
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9.0K viewsedited 21:45
2022-02-05 14:16:36
Feb5: #Bitcoin: BTC jumped 10% within 14 hrs just after the breakout and still trades above $41000. BTC was running in a downtrend/falling wedge for a long time so this breakout might give fresh energy to the crypto market. It opened the path for a new uptrend channel.
Support & Resistance: Bulls should try to hold support of $38k-$39k to maintain further uptrend while $44500 will be the next resistance for Bitcoin.
RSI: Daily RSI also shows a breakout and indicates that BTC will be ready to go up to $48k-$50k with small volatility.
Trade the Range.
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11.0K viewsedited 11:16
2022-02-05 03:00:16
Let's say that, New demand = STH supply
STH are beginning to enter the market again as depicted by the chart above.
It's not certain but this could be early signs of changing tides.
C/O: Root
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7.0K viewsedited 00:00