BTC USD (Bitcoin / US Dollar) This is the most popular Bitcoin pair in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of . BTC may still drive higher in the mean time, but either way, a swift backtest is coming. 4. 1. Bitcoin 4hr analysis 12/22/ BTCUSDT, HeisenbergBTC. Good morning again ladies and gentlemen . First of all, please support our work by smashing that like button or following! These really help us to reach more traders like you! Key Fundamentals: 1. Smart money action: The on-chain smart money .
Btc ta tradingviewLTCBTC Charts and Quotes — TradingView
Bitcoin is better described as the first decentralized digital currency. It is the largest of its kind in terms of total market value. Bitcoin is an instrument of alternative finance, which has emerged outside of the traditional financial system. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous I want to tell you right away that the situation with Bitcoin is now very shaky, it literally hangs in the balance.
The fact of the merging of altcoins and the growth of domination only confirms the fact that people close their positions and enter the cash or stable coins, and bitcoin stands still - everyone is waiting for the next step from it. If we The infamous "Then they fight you" phase started! Merry Christmas. As bitcoin dominance is going up for past few weeks , now looks its a time for a big pull back and give alts to grow again.
The weekly BTC consolidation continues to deplete market participants. During the last attack of sellers, the price could only touch this range.
As a result, buyers have formed a new local trend line. The price of BTC continues to remain between critical points. Buyers are There is no correction at this moment! Looking like alts could be testing ATH sometime soon. Left Picture is money coming into alts and right is BTC. Lets look at what the price did the last 6 years when btc opened up a new year with an untested yearly pivot.
This is despite whatever excuse for why that cannot happen now. This is Hello, dear subscribers! It is broadly known, that the Ripple has very negative fundamental analysis according to the last news. The price immediately reacted with a huge dump.
On the right chart we can see two global support lines. Key Fundamentals: 1. Smart money action: The on-chain smart money actions are now stable at a bullish level. This is similar to the on-chain developments before prior bull runs. Miner action: Both hash rate and difficulty have recovered , and miner capitulation has ended. With miner capitulation historically marking market bottoms, this is a bullish long-term sign.
Market Sentiment: Overall market sentiment is now neutral. For the seller group sentiment, this group remains in a bull trend. In short, long-term speaking, 11k — This is a short-term bullish sign.
After 3 months of indecisiveness since 10k , it seems like institutional traders have finally made up their minds that we are in a bull trend and have further upward potential.
With such strong reactions to 11k - These have been good accumulation opportunities historically as the reluctance to sell with no profit in a bull market eventually will push up the price level. Comment: Bull run emotional cycle: depression, disbelief, hope, optimism, belief, excitement, thrill, greed, euphoria. Which phase do you think we are in? My pick is disbelief. Comment: Smart money accumulating.
Comment: Are you in profit? Who drive BTC Price vs. What drive BTC price vs. What is all of this, you don't need any other fundamental than out-of-control inflation. You can't know whether 'smart money' is buying or not with just a simple indicator, or by looking at the volume of a futures exchange; the rest is just pretentious bullshit to fill in space and make other people think you know what you are talking about. Intratekram AmttgAn.
AmttgAn , While I disagree with the main point of the analysis -that we will make another leg up from here.