Crypto Universe

2022-02-20 18:10:56 Purpose Bitcoin ETF Flows

Canadian Purpose Bitcoin spot ETF just saw one of its biggest inflows ever on Friday.

Adding almost 1.2k $BTC in one day and now totaling 32.26k Bitcoin on its AUM.

This rise may be related to the unrest on its banking services in which the government and banks can freeze an individual's account without due process.

SOURCE HERE


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2022-02-17 19:50:53 Bitcoin Super Cycle Dynamic
We may find similarities of Bitcoin cycle from 2019-2020 to our current market cycle. This led to the conclusion that we may be seeing the start of a new cycle this year.

SOURCE HERE


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2022-02-16 17:30:31 Feb 16: Bitcoin weekly chart is showing a very similar bullish pattern to July 2021.

Bitcoin broke out of a falling wedge pattern at $38000 and showed trend reversal.
$BTC is also showing bullish RSI divergence on a higher time frame which indicates that it can pump in the coming weeks and months.
MACD is showing a similar pattern to July 2021 which indicates low selling pressure. A bullish crossover may happen the in the coming week and we might see a continued uptrend towards $52k.
Stoch RSI is also bullish.

Conclusion:
The weekly chart is telling some positive signals which we can use for the next 4 months.
$46000 is the first resistance Bitcoin needs to break so that the price will push to the $50k-52k levels in the next 15 days.
$42k and $39k acts as good supports.

Caution: FED FOMC meeting on March 15 will create opportunities because the market will likely panic in the first and second week of this month.


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2022-02-16 14:37:19 Crypto Heatmap

We're seeing some green across the board. Waiting for a breakout in key resistance levels. TA Chart to explain in a bit!


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2022-02-15 18:26:48 U.S. stock futures and BItcoin jump on report some Russian troops are heading back to base.

NEWS SOURCE HERE


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2022-02-13 12:26:37 Bitcoin current floor price suggested using volume profile.

Bitcoin estimated floor price around 33k to 34k.

SOURCE HERE


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2022-02-13 03:30:50 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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2022-02-12 07:31:07 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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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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2022-02-11 07:21:38 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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