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$Bitcoin (BTC.CC)$ Market Analysis June 2, 2024 TECHNICAL Bitcoin is currently consolidating within a symmetrical triangle pattern. To confirm the next direction, we should wait for either a breakout or breakdown followed by a successful retest. Until then, further movement within the triangle can be expected.
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$Bitcoin (BTC.CC)$
Bitcoin kept up the pressure on overhead liquidity on May 17 as analysis eyed a new golden cross on lower timeframes.
While still below both 2024 and 2021 all-time highs, Bitcoin nonetheless excited market observers, with popular pseudonymous trader Moustache highlighting two trendlines in particular.
"Golden Cross (12h-Chart) of $BTC is imminent," he told followers in part of one of his latest posts on X (fo...
Bitcoin kept up the pressure on overhead liquidity on May 17 as analysis eyed a new golden cross on lower timeframes.
While still below both 2024 and 2021 all-time highs, Bitcoin nonetheless excited market observers, with popular pseudonymous trader Moustache highlighting two trendlines in particular.
"Golden Cross (12h-Chart) of $BTC is imminent," he told followers in part of one of his latest posts on X (fo...
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My favored Crypto Picks
$MicroStrategy (MSTR.US)$ renowned for aggressive Bitcoin investments, shaping institutional interest in BTC as a store of value.
$CleanSpark (CLSK.US)$ ventures into Bitcoin mining, emphasizing renewable energy integration, innovating in crypto.
Halvings signal bullish trends by reducing new supply, potentially driving prices up over time. However, short-term shifts and external factors, such as regulatory changes, can still influence the market.
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$MicroStrategy (MSTR.US)$ renowned for aggressive Bitcoin investments, shaping institutional interest in BTC as a store of value.
$CleanSpark (CLSK.US)$ ventures into Bitcoin mining, emphasizing renewable energy integration, innovating in crypto.
Halvings signal bullish trends by reducing new supply, potentially driving prices up over time. However, short-term shifts and external factors, such as regulatory changes, can still influence the market.
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$Bitfarms (BITF.US)$
Bitfarms operates blockchain computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates five facilities in Québec, Canada which currently generate approximately 660 petahash per second of installed comp...
Bitfarms operates blockchain computing centres that power the global decentralized financial economy. Bitfarms provides computing power to cryptocurrency networks such as Bitcoin, earning fees from each network for securing and processing transactions. Powered by clean and competitively priced hydroelectricity, Bitfarms operates five facilities in Québec, Canada which currently generate approximately 660 petahash per second of installed comp...
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$Riot Platforms (RIOT.US)$ with the having taking place and bitcoins price sitting below 60,000 if you do not see 75 to $80,000 average price this quarter then the revenues for Bitcoin Mara clean spark are going to drop precipitously down 30 to 40% minimum this quarter and through the balance of the year. why anybody would want to own a company that the underlying commodity is declining in price and becoming twice as difficult to mine is beyond me. if you have a company that misses revenue by one...
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be fuding
$Bitcoin (BTC.CC)$ it's actually a terrible day for Bitcoin today I'll say it why I was expecting to see at least a $3,000 to 3,500 rebound today the fact that there isn't shows me tells me that there's still a significant amount of selling coming in from various entities that want to see this at a much lower price
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Fell to the Volume node from the previous push up. Here are the levels to watch today and into the weekend.
Larger Image: tradingview.com...
$Bitcoin (BTC.CC)$
Larger Image: tradingview.com...
$Bitcoin (BTC.CC)$
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$Bitcoin (BTC.CC)$
According to Arkham, the U.S. government holds 212,847 BTC, while the treasuries of the U.K. and Germany hold 61,245 BTC and 49,858 BTC, respectively.
Hmm … Do you think they want to put another 50k in your pocket when its an election year and inflation is hot button topic?
According to Arkham, the U.S. government holds 212,847 BTC, while the treasuries of the U.K. and Germany hold 61,245 BTC and 49,858 BTC, respectively.
Hmm … Do you think they want to put another 50k in your pocket when its an election year and inflation is hot button topic?
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EZ_money : that's called a downward wedge
Boochies : Thoughtful analysis on if it will go up or down!