TAG: BTC/USD
U.S. Dollar Price Action Webinar: DXY, Gold, Bitcoin, FX Majors
U.S. Dollar Talking Points:- The U.S. Dollar put in a breakout yesterday and this continues the...
7 months ago
Trump Courts Crypto Fans Amid Bitcoin’s Battle to Break $70k Barrier
Bitcoin’s price approached the $70,000 psychological mark but faced rejection. Open interest in Bitcoin futures’ has reached a new all-time high, suggesting that investor demand for the world’s largest cryptocurrency is increasing. Factors influencing Bi...
2 months ago
BTC/USD Forex Signal: Weakly Bullish Above $60,445
My previous BTC/USD signal on 1st August produced a profitable long trade entry from the bullish bounce at the key support level of $62,349.Today’s BTC/USD SignalsRisk 0.75% per trade.Trades may only be taken prior to 5pm Tokyo time Thursday.Long Trade Id...
2 months ago
Bitcoin Forecast: Continues to Consolidate Between Moving Averages
Bitcoin has gone back and forth during the course of the trading session on Tuesday in the early hours, and it’s easy to see that this asset is essentially trying to sort itself out.We don’t have any real directionality over the last couple of days, and t...
2 months ago
BTC/USD Forecast: Questions of Risk Appetite
The Bitcoin market initially rallied a bit during the trading session on Wednesday but continues to struggle with the crucial 50 day EMA.The 50 day EMA indicator, of course, is an indicator that a lot of people pay close attention to.The fact that we are...
2 months ago
BTC/USD Forex Signal: Support at $57,974 Looks Pivotal
My previous BTC/USD signal yesterday produced a profitable long trade entry from the bullish bounce at the key support level of $62,349.Today’s BTC/USD SignalsRisk 0.50% per trade.Trades must be entered before 5pm Tokyo time Friday.Long Trade IdeasGo long...
2 months ago
BTC/USD Forecast: Bounces from 200 Day EMA
In my daily analysis of bitcoin, the first thing I notice is that we reach toward the 200-Day EMA, only to turn around and show signs of life again.By doing so, the market looks as if it is trying to find a way to print some type of hammer, which of cours...
2 months ago
Bitcoin Forecast: Continues to Hang Around the 200 Day EMA
The first thing I notice is that we continue to hang around the crucial 200-Day EMA, which of course is an indicator that a lot of people will pay close attention to.By bouncing the way we have, the market is likely to continue to go sideways, and as we a...
1 month ago
BTC/USD Forex Signal: Bitcoin Weekly Chart Points to a Comeback
Bullish viewBuy the BTC/USD pair and set a take-profit at 62,718.Add a stop-loss at 56,000.Timeline: 1-2 days.Bearish viewSet a sell-stop at 59,000 and a take-profit at 56,000.Add a stop-loss at 62,700.Bitcoin price drifted upwards during the weekend as t...
1 month ago
BTC/USD Forex Signal: Inverse Head & Shoulders Forms
Bullish viewBuy the BTC/USD pair and set a take-profit at 62,000.Add a stop-loss at 60,000.Timeline: 1-2 days.Bearish viewSell the BTC/USD pair and set a take-profit at 56,000.Add a stop-loss at 62,000.Bitcoin price continued to underperform other assets...
1 month ago
BTC/USD Forex Signal: Stuck in a Range But a Breakout Likely
Bullish viewBuy the BTC/USD pair and set a take-profit at 63,000.Add a stop-loss at 56,000.Timeline: 1-2 days.Bearish viewSet a sell-stop at 58,000 and a take-profit at 55,000.Add a stop-loss at 63,000.Bitcoin price made a short-lived breakout to $61,470...
1 month ago
BTC/USD Forecast: Continued Sideways Trend
Bitcoin has rallied a bit during the trading session on Tuesday, but it looks like the 50 day EMA has come into the picture to cause a few headaches.Over the last several weeks, we've seen a bit of consolidation with the 200 day EMA near the crucial $57,5...
1 month ago
BTC/USD Forex Signal: Daily Chart Points to a Big Breakout
Bullish viewBuy the BTC/USD pair and set a take-profit at 65,000.Add a stop-loss at 57,000.Timeline: 1-2 days.Bearish viewSell the BTC/USD pair and set a take-profit at 57,000.Add a take-profit at 64,000.Bitcoin joined American stocks in bouncing back aft...
1 month ago
Bitcoin Forecast: Continues to Go Nowhere
I can see that we are consolidating yet again, and we have been compressing for some time.All things being equal, this is a market that I think is trying to sort out where it goes next, and I do think that pretty much anything is possible at this point.We...
1 month ago