fight japan
liked
$Bitcoin (BTC.CC)$
Bitcoin rebounded strongly, with a development that exceeded $71,000. It is thought that the movement of breaking out of the recent consolidation was the cause.
I am skeptical about whether the rise of bitcoin will continue. I don't think the FOMC has any surprises and there is no buying catalyst at the moment.
I think it is natural to see the recent pause in short selling as opposed to new buying.
The timing for selling on the rebound is believed to be between 70,000 to 73,000 dollars. There are triple bottoms and a ceiling line that created the recent decline.
Bitcoin rebounded strongly, with a development that exceeded $71,000. It is thought that the movement of breaking out of the recent consolidation was the cause.
I am skeptical about whether the rise of bitcoin will continue. I don't think the FOMC has any surprises and there is no buying catalyst at the moment.
I think it is natural to see the recent pause in short selling as opposed to new buying.
The timing for selling on the rebound is believed to be between 70,000 to 73,000 dollars. There are triple bottoms and a ceiling line that created the recent decline.
Translated
5
fight japan
liked
$Bitcoin (BTC.CC)$
Bitcoin passed last week's FOMC and has continued in a ranging market after a slight increase. Currently testing $60,000 and fluctuating around $65,000.
Bitcoin's adjustment seems natural when looking at the 7-month consecutive positive weekly candlesticks and the high RSI on the weekly chart.
The following is a heat map of the weekly RSI.
Looking at the daily candlestick chart, it doesn't seem unlikely to resemble a triple bottom.
I expect the adjustment of Bitcoin to continue. The price range is expected to be up to $55,000 for a decline, and up to $70,000 for an increase. The reason for the high volatility is that the option volatility is at a high value of 75.
In other words, if you trade skillfully, you can make a considerable profit in this market. Financial estimates are difficult, though... 😓
In addition, the outflow and inflow of Bitcoin ETFs are also stabilizing. I think this can be seen as a positive sign.
*** Conclusion ***
Bitcoin is expected to continue in a ranging market. Many professional traders are currently looking at Ethereum rather than Bitcoin, and it was approved on 5/3...
Bitcoin passed last week's FOMC and has continued in a ranging market after a slight increase. Currently testing $60,000 and fluctuating around $65,000.
Bitcoin's adjustment seems natural when looking at the 7-month consecutive positive weekly candlesticks and the high RSI on the weekly chart.
The following is a heat map of the weekly RSI.
Looking at the daily candlestick chart, it doesn't seem unlikely to resemble a triple bottom.
I expect the adjustment of Bitcoin to continue. The price range is expected to be up to $55,000 for a decline, and up to $70,000 for an increase. The reason for the high volatility is that the option volatility is at a high value of 75.
In other words, if you trade skillfully, you can make a considerable profit in this market. Financial estimates are difficult, though... 😓
In addition, the outflow and inflow of Bitcoin ETFs are also stabilizing. I think this can be seen as a positive sign.
*** Conclusion ***
Bitcoin is expected to continue in a ranging market. Many professional traders are currently looking at Ethereum rather than Bitcoin, and it was approved on 5/3...
Translated
5
$Bitcoin (BTC.CC)$
The following is a volume comparison image between the spot price of Bitcoin and unsettled futures contracts.
You can see that there is a resistance line exactly where the 2021 high is drawn to the horizon.
You can also see that there is a line that is gradually thought to be 60,000 dollars or 50,000 dollars.
You can see from this image that $50,000 is the bottom price in the end. However, I think it depends on the FOMC for it to drop this far, but you need to be careful ⚠️
The following is a volume comparison image between the spot price of Bitcoin and unsettled futures contracts.
You can see that there is a resistance line exactly where the 2021 high is drawn to the horizon.
You can also see that there is a line that is gradually thought to be 60,000 dollars or 50,000 dollars.
You can see from this image that $50,000 is the bottom price in the end. However, I think it depends on the FOMC for it to drop this far, but you need to be careful ⚠️
Translated
3
fight japan
liked
$Bitcoin (BTC.CC)$
What will be the driving factors for the next market trend?
Now that Bitcoin ETFs have been approved, the next focus is expected to be on Ethereum ETFs. However, just like it took time for Bitcoin ETFs to be approved, it is also unlikely that Ethereum ETFs will be approved instantly.
Currently, ethereum has successfully completed the Denkun upgrade and significantly reduced the fees for Layer 2 transactions.
As a result, it is true that the Ethereum ecosystem has become more attractive to users.
'Market Leading Indicators'
- Ethereum ETF → I think the price movements will be unstable like bitcoin until approval is obtained due to the anticipation.
- AI Trend → AI demand is flowing into cryptocurrencies led by RNDR. However, I do not expect such significant inflow of funds to uplift the overall market.
- Resurgence in Gaming and NFTs → In 2021, there was excitement around gaming and NFTs, causing prices to soar. It is still believed that these are key factors to reach the masses.
- Entry of Institutional Investors → When pension institutions like GPIF enter, there will be an increase in fund inflow.
- Presidential election...
What will be the driving factors for the next market trend?
Now that Bitcoin ETFs have been approved, the next focus is expected to be on Ethereum ETFs. However, just like it took time for Bitcoin ETFs to be approved, it is also unlikely that Ethereum ETFs will be approved instantly.
Currently, ethereum has successfully completed the Denkun upgrade and significantly reduced the fees for Layer 2 transactions.
As a result, it is true that the Ethereum ecosystem has become more attractive to users.
'Market Leading Indicators'
- Ethereum ETF → I think the price movements will be unstable like bitcoin until approval is obtained due to the anticipation.
- AI Trend → AI demand is flowing into cryptocurrencies led by RNDR. However, I do not expect such significant inflow of funds to uplift the overall market.
- Resurgence in Gaming and NFTs → In 2021, there was excitement around gaming and NFTs, causing prices to soar. It is still believed that these are key factors to reach the masses.
- Entry of Institutional Investors → When pension institutions like GPIF enter, there will be an increase in fund inflow.
- Presidential election...
Translated
4
$Bitcoin (BTC.CC)$
Bitcoin is experiencing a major crash. It seems like numerous ceiling signs have finally ignited.
In the surrounding area, $60,000 and $50,000 are considered as potential bottoms. However, no one knows for sure where the bottom is.
What is understood is that this is just a correction, and the trend will continue.
It's time to pay attention to the next hot stocks for potential growth.
I consider AI, Layer 1, and meme stocks as categories with expected growth. These were the categories that saw the most significant increase in trends from February to early March this year.
However, trends change with the seasons. After adjustments, these stocks may be surpassed by other categories. Nevertheless, I firmly believe that AI will continue to rise without a doubt.
Rather than cryptocurrencies, AI is the trend driving the entire financial market. NVIDIA announced today the development of a high-speed GPU called Blackwell. The AI trend has just begun, and undoubtedly, this trend will also flow into cryptocurrencies.
Hot stocks include CGPT, Fetch, RNDR, etc. And there are also new AI stocks to be listed in the future...
Bitcoin is experiencing a major crash. It seems like numerous ceiling signs have finally ignited.
In the surrounding area, $60,000 and $50,000 are considered as potential bottoms. However, no one knows for sure where the bottom is.
What is understood is that this is just a correction, and the trend will continue.
It's time to pay attention to the next hot stocks for potential growth.
I consider AI, Layer 1, and meme stocks as categories with expected growth. These were the categories that saw the most significant increase in trends from February to early March this year.
However, trends change with the seasons. After adjustments, these stocks may be surpassed by other categories. Nevertheless, I firmly believe that AI will continue to rise without a doubt.
Rather than cryptocurrencies, AI is the trend driving the entire financial market. NVIDIA announced today the development of a high-speed GPU called Blackwell. The AI trend has just begun, and undoubtedly, this trend will also flow into cryptocurrencies.
Hot stocks include CGPT, Fetch, RNDR, etc. And there are also new AI stocks to be listed in the future...
Translated
2
1
$Bitcoin (BTC.CC)$
Bitcoin is likely to end this week with a decline. It had risen before PPI was announced, but after the announcement, Bitcoin also fell along with the overall decline in financial markets due to concerns about inflation and receding interest rate cuts.
Bitcoin, the Nasdaq Composite Index, and NVIDIA have shown the highest correlation ever.
The current decline is not Bitcoin alone; it is a decline linked to the stock market, so it doesn't seem like there will be an immediate rebound.
Both the stock market and Bitcoin are quite high, and next week there will also be FOMC.
Now, if Chairman Powell doesn't change the interest rate cut schedule, I think it will turn upward again.
[Anomalies and Technical Analysis]
Weekly anomalies indicate a positive next week.
[Technical analysis]
Even if it falls, the price range that people are likely to be aware of is the high resistance line of 57,000 dollars.
Bitcoin is likely to end this week with a decline. It had risen before PPI was announced, but after the announcement, Bitcoin also fell along with the overall decline in financial markets due to concerns about inflation and receding interest rate cuts.
Bitcoin, the Nasdaq Composite Index, and NVIDIA have shown the highest correlation ever.
The current decline is not Bitcoin alone; it is a decline linked to the stock market, so it doesn't seem like there will be an immediate rebound.
Both the stock market and Bitcoin are quite high, and next week there will also be FOMC.
Now, if Chairman Powell doesn't change the interest rate cut schedule, I think it will turn upward again.
[Anomalies and Technical Analysis]
Weekly anomalies indicate a positive next week.
[Technical analysis]
Even if it falls, the price range that people are likely to be aware of is the high resistance line of 57,000 dollars.
Translated
5
1
fight japan
voted
According to data from the digital asset management and research company CoinShares (CoinShares), funds of several billion dollars have flowed into crypto asset (virtual currency) investment products this year in response to heightened investor interest.Last week was a record high of 2.7 billion dollarshas flowed into “crypto assets (virtual currency),” and most of it has been directed towards bitcoins.
A series of good news encouraged a rapid increase in capital inflows, and among themAn exchange-traded fund (ETF) linked to Bitcoin in kind has been approvedKotoya,A “half-life” event scheduled for AprilIt includes. James Butterfill, who is in charge of investigation at CoinShares, says that approximately 10.3 billion dollars have flowed into crypto assets this year, and the momentum is approaching the annual inflow of 10.6 billion dollars in 2021. The year 21 is also the year that Bitcoin hit a record high of around 69,000 dollars at that time. However, as Bitcoin continues to hit new highs, it seems that some investors are hedging against market adjustments. “Despite recent price increases,The inflow of funds into the Bitcoin short continues” Butterfill said...
Translated
+2
64
4
fight japan
liked
Matt Investor/Official MC | Note
twimg.com/ media...
twimg.com/ media...
✅ Even though CPI rose slightly from last month, it seems that last month was a special factor due to seasonal factors
The White House predicts that CPI will remain high and GDP will be lower than private sector surveys.
✅ Altcoins other than $BTC USD are doing well
✅ $ORCL GEN2 AI cloud is doing well, launched. $NVDA small investors are locusts. An option of 1,000 USD 54,000 is sold well. GTC detonators are available.
✅ US 10-year government bond bid cleared. The rest is the Michigan Index
✅ Impression: Over 58% AAII excessive mentality. A healthy recovery town after a 25MA touch. A market where grandchildren are afraid of adult sales when $ARM is unlocked. Meanwhile, in BoA '24, SPY's EPS is expected to increase 12% from the previous year. Let's get through it by controlling the corner under (trick, short sale) with accelerator work!
It is important to raise the salting funds (rice upside) that took profit on 3/7!
twimg.com/ media...
twimg.com/ media...
✅ Even though CPI rose slightly from last month, it seems that last month was a special factor due to seasonal factors
The White House predicts that CPI will remain high and GDP will be lower than private sector surveys.
✅ Altcoins other than $BTC USD are doing well
✅ $ORCL GEN2 AI cloud is doing well, launched. $NVDA small investors are locusts. An option of 1,000 USD 54,000 is sold well. GTC detonators are available.
✅ US 10-year government bond bid cleared. The rest is the Michigan Index
✅ Impression: Over 58% AAII excessive mentality. A healthy recovery town after a 25MA touch. A market where grandchildren are afraid of adult sales when $ARM is unlocked. Meanwhile, in BoA '24, SPY's EPS is expected to increase 12% from the previous year. Let's get through it by controlling the corner under (trick, short sale) with accelerator work!
It is important to raise the salting funds (rice upside) that took profit on 3/7!
Translated
4
fight japan
liked
$Bitcoin (BTC.CC)$
It is impossible to achieve a 10-fold increase in Bitcoin from now on. However, if it is an altcoin, it is quite possible.
I bought the CGPT generation AI stock for $0.05 and it has now risen to $0.5.
AI generation is experiencing an unprecedented boom, with Nvidia leading the way. Money from the stock market is flowing into cryptocurrencies, creating incredible returns.
The boom has only just begun. It's a story that could potentially grow by 100 times.
Currently, Bitcoin has risen by as much as $72,500, reaching a dangerous level ⚠️.
When the correction comes, the first thing to buy is AI stocks. I will list the popular currencies below.
fisco.jp/media/...
fisco.jp/media/...
This article doesn't mention it, but the CGPT I purchased is an app on Binance Smart Chain, which is also a launchpad (fundraising app). The recent TVL (total value locked) has grown by 150%. You can confirm this number on Defi Lama.
In any case, let's get on the bandwagon. The topic is AI. Especially the generation A...
It is impossible to achieve a 10-fold increase in Bitcoin from now on. However, if it is an altcoin, it is quite possible.
I bought the CGPT generation AI stock for $0.05 and it has now risen to $0.5.
AI generation is experiencing an unprecedented boom, with Nvidia leading the way. Money from the stock market is flowing into cryptocurrencies, creating incredible returns.
The boom has only just begun. It's a story that could potentially grow by 100 times.
Currently, Bitcoin has risen by as much as $72,500, reaching a dangerous level ⚠️.
When the correction comes, the first thing to buy is AI stocks. I will list the popular currencies below.
fisco.jp/media/...
fisco.jp/media/...
This article doesn't mention it, but the CGPT I purchased is an app on Binance Smart Chain, which is also a launchpad (fundraising app). The recent TVL (total value locked) has grown by 150%. You can confirm this number on Defi Lama.
In any case, let's get on the bandwagon. The topic is AI. Especially the generation A...
Translated
3
$Bitcoin (BTC.CC)$
Bitcoin is still moving towards the top today. Honestly, I'm looking at around 71400 as a milestone. If you go up any higher than that, you'll reach a point where you don't know the ceiling line anymore.
Now that all indicators are showing ceiling signs, I think it's good for Bitcoin to stand on the sidelines.
I think the market saying “I'll give you the head and tail” is exactly the timing right now.
Bitcoin is still moving towards the top today. Honestly, I'm looking at around 71400 as a milestone. If you go up any higher than that, you'll reach a point where you don't know the ceiling line anymore.
Now that all indicators are showing ceiling signs, I think it's good for Bitcoin to stand on the sidelines.
I think the market saying “I'll give you the head and tail” is exactly the timing right now.
Translated
12
2
![[empty]](https://static.moomoo.com/node_futunn_nnq/assets/images/folder.5c37692712.png)
![[error]](https://static.moomoo.com/node_futunn_nnq/assets/images/no-network.991ae8055c.png)
![[loading]](data:image/svg+xml;base64,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)