Blockchain Network

2022-02-16 14:37:17 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 18:26:46 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 12:26:35 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 03:30:39 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 07:30:48 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 07:21:37 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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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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2022-02-08 18:33:40 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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2022-02-06 03:20:03 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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