#Bitcoin #fundamental volatility is expected to increase as the flows coming in and out of exchanges reach levels not seen since the peak of the last bull market 👀
By Crypto Australia
By Crypto Australia
#BITCOIN DAILY TF UPDATE :
#BITCOIN still hodling above the support zone and kept on rejecting it. Daily TF Market Structure still running bearish at this point, while LTF, kept on turning it into bullish. Moreover, price keep on building the liquidity below the support, which market gonna swept Sonner. Its better to wait for the price, to develop more, until then shoring would be a good option, in case of break and close below.
By Crypto Australia
#BITCOIN still hodling above the support zone and kept on rejecting it. Daily TF Market Structure still running bearish at this point, while LTF, kept on turning it into bullish. Moreover, price keep on building the liquidity below the support, which market gonna swept Sonner. Its better to wait for the price, to develop more, until then shoring would be a good option, in case of break and close below.
By Crypto Australia
#Bitcoin perpetual funding rates have consistently shown a strong positive bias, signifying a prevalent net long position among leveraged traders. The short-side annualized yields have occasionally exceeded +50%, emphasizing the sustained bullish sentiment. A notable phase shift occurred in mid-October, transitioning from oscillating around neutral to a consistently positive structure. While funding rates have cooled off this week, the overall trend remains positive.
By Crypto Australia
By Crypto Australia
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, flipped below the support and rejecting it as resistance now. Price also holding above the structural support area showing buyer confidence. Well, Its kinda closing to a Doji Candlestick, which is a indecisive candle pattern. But the key point is closing below $42,000, will be bearish for the market and easily turned down towards the $40,000 and below. Have a strong eye on the market.
By Crypto Australia
#BITCOIN on Weekly TF, flipped below the support and rejecting it as resistance now. Price also holding above the structural support area showing buyer confidence. Well, Its kinda closing to a Doji Candlestick, which is a indecisive candle pattern. But the key point is closing below $42,000, will be bearish for the market and easily turned down towards the $40,000 and below. Have a strong eye on the market.
By Crypto Australia
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, did as expected. Price drove all the way down towards the support zone nearby $38,000 level and getting rejected from the level. Now, its tike to see the price if its break through the resistance zone of $42,000 and need a weekly closing above it. Also, worth of noting that, it will form a consolidation range, in case weekly then we should look for a weekly breakout, which might take bit longer.
By Crypto Australia
#BITCOIN on Weekly TF, did as expected. Price drove all the way down towards the support zone nearby $38,000 level and getting rejected from the level. Now, its tike to see the price if its break through the resistance zone of $42,000 and need a weekly closing above it. Also, worth of noting that, it will form a consolidation range, in case weekly then we should look for a weekly breakout, which might take bit longer.
By Crypto Australia
We can see that #Bitcoin has generally been increasingly dominant over the past few years. Since the #FTX Collapse in November 2022, #BTC has increased its market cap dominance from 38.9% to 49.8%.
On the other hand, #ETH has maintained its market cap dominance, ranging from 18.9% to 18.2%. It is mainly Altcoins that have lost market share in the crypto markets with their market cap dominance dropping from 28.3% to 24.2%, while Stablecoins have also decreased their share from 13.9% to 7.8%.
By Crypto Australia
On the other hand, #ETH has maintained its market cap dominance, ranging from 18.9% to 18.2%. It is mainly Altcoins that have lost market share in the crypto markets with their market cap dominance dropping from 28.3% to 24.2%, while Stablecoins have also decreased their share from 13.9% to 7.8%.
By Crypto Australia
#Bitcoin kept on going as anticipated, price did made a retest back to the major support area and pushing higher. The key area will remain the same for reaching out and also there was a large consolidation on chart looking left, so we can still expect the same, with these 2 zones.
By Crypto Australia
By Crypto Australia
#BTC Hourly TF View :
#bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone before reaching up, this is because H4 structure seems to be slight bearish.
By Crypto Australia
#bitcoin made a push lower and tapped into structural support zone, where price is reacting off. As per the Daily TF, we still have the range to move up but there're possibility that price can move into the major support zone before reaching up, this is because H4 structure seems to be slight bearish.
By Crypto Australia
🇺🇸 BlackRock advertising their spot #Bitcoin ETF on Wall Street
"SPOT BITCOIN ETFS ARE HERE"
By Crypto Australia
"SPOT BITCOIN ETFS ARE HERE"
By Crypto Australia
#BITCOIN DAILY TF UPDATE :
#BITCOIN gave a close below of the support area, cleared out the liquidity resting below it. Price made it way from the support zone of $38,000, and shifted the market structure to the bullish now. Price did made a pullback now and expected to print a new higher high. On H4 TF, is a mess now, ranging alot, so Daily closure will be important below $42,000 or $45,000 for the next directional move.
By Crypto Australia
#BITCOIN gave a close below of the support area, cleared out the liquidity resting below it. Price made it way from the support zone of $38,000, and shifted the market structure to the bullish now. Price did made a pullback now and expected to print a new higher high. On H4 TF, is a mess now, ranging alot, so Daily closure will be important below $42,000 or $45,000 for the next directional move.
By Crypto Australia
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, still attempting its way to breakout of the key resistance area but looks kinda rejecting it now. If this weekly candle closed below then we can expected some deeper retracements until days gives any closing above $45,000. Daily Market Structure is also bullish, so both scenario have higher probability to play out, so eyes on Weekly Closing.
By Crypto Australia
#BITCOIN on Weekly TF, still attempting its way to breakout of the key resistance area but looks kinda rejecting it now. If this weekly candle closed below then we can expected some deeper retracements until days gives any closing above $45,000. Daily Market Structure is also bullish, so both scenario have higher probability to play out, so eyes on Weekly Closing.
By Crypto Australia
#Bitcoin Simple Strategy 🤝
1) Buy Bitcoins 500 days Before Halving
2) Hold & Do Nothing (we are here)
3) Sell 500 Days After Halving
4) Repeat
By Crypto Australia
1) Buy Bitcoins 500 days Before Halving
2) Hold & Do Nothing (we are here)
3) Sell 500 Days After Halving
4) Repeat
By Crypto Australia
#TOTAL2 (Altcoin MarketCap) Update :
#TOTAL2 kept getting strong and hodling the support zone too. Index rejected the support and reached the structural resistance area. #bitcoin also gave a breakout over the zone and pattern, and a closure above will give a confidence to buyer, which will bring up an alts rally.
By Crypto Australia
#TOTAL2 kept getting strong and hodling the support zone too. Index rejected the support and reached the structural resistance area. #bitcoin also gave a breakout over the zone and pattern, and a closure above will give a confidence to buyer, which will bring up an alts rally.
By Crypto Australia
#Bitcoin kept on pumping as the breakout happens and gave a Daily Candle Close above the Resistance Area too. Price still pushing higher and expected a retracement from the next resistance area around $47,000.
By Crypto Australia
By Crypto Australia
#BITCOIN DAILY TF UPDATE :
#BITCOIN going as expected, as it shifted the market structure from bearish to bullish. Price easily reached the Major Resistance Zone, within a week and kinda getting rejection from it. Weekly candle close will be very important to us. Nothing new, if price comes for a pullback, nearby $44,000, so eyes on Weekly closings.
By Crypto Australia
#BITCOIN going as expected, as it shifted the market structure from bearish to bullish. Price easily reached the Major Resistance Zone, within a week and kinda getting rejection from it. Weekly candle close will be very important to us. Nothing new, if price comes for a pullback, nearby $44,000, so eyes on Weekly closings.
By Crypto Australia
#BITCOIN WEEKLY TF UPDATE :
#BITCOIN on Weekly TF, gave a rejection from the Resistance but Daily market structure is still bullish at that point. Currently, we've a long huge candle which trying to break and close above the zone of resistance around $46,680 - $47,200. This weekly close is important to us, as it may drive through the next resistance zone around towards $52,400 and a close below will lead into a healthy retracement in the market.
By Crypto Australia
#BITCOIN on Weekly TF, gave a rejection from the Resistance but Daily market structure is still bullish at that point. Currently, we've a long huge candle which trying to break and close above the zone of resistance around $46,680 - $47,200. This weekly close is important to us, as it may drive through the next resistance zone around towards $52,400 and a close below will lead into a healthy retracement in the market.
By Crypto Australia
JUST IN 🚨
WATCH BLACKROCK CEO LARRY FINK COMPARES #BITCOIN TO GOLD ON FINANCIAL TELEVISION💪
By Crypto Australia
WATCH BLACKROCK CEO LARRY FINK COMPARES #BITCOIN TO GOLD ON FINANCIAL TELEVISION💪
By Crypto Australia
#Bitcoin kept pushing higher and made its weekly closing above the Resistance. Price still unable to break its previous High, which means building up liquidity above, to maximize trapping traders. Anticipation would be a correction in the market near $45,000 - $44,000.
By Crypto Australia
By Crypto Australia