$Bitcoin(BTC.CC$
Bitcoin rebounded sharply, and there were developments above $71,000. Bitcoin seems to be due to the movement that broke through the triangular balance the other day.
I'm skeptical that Bitcoin's rise will continue. There are no surprises at FOMC, and I don't think they have anything to buy right now.
I think it's natural to think of it as a short (sale) break rather than buying a new one.
The timing of the return sale is likely to be between $70,000 and $73,000. There are Sanson and the ceiling line that created this decline.
Bitcoin rebounded sharply, and there were developments above $71,000. Bitcoin seems to be due to the movement that broke through the triangular balance the other day.
I'm skeptical that Bitcoin's rise will continue. There are no surprises at FOMC, and I don't think they have anything to buy right now.
I think it's natural to think of it as a short (sale) break rather than buying a new one.
The timing of the return sale is likely to be between $70,000 and $73,000. There are Sanson and the ceiling line that created this decline.
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5
$Bitcoin(BTC.CC$
Bitcoin has continued its range exchange rate after passing through the FOMC last week and rising slightly. Currently, we have tested 60,000 dollars and it is moving around 65,000 dollars.
Bitcoin's adjustment seems natural when looking at the positive line and weekly high RSI for 7 consecutive months.
Below is a weekly RSI heatmap.
If you look at it on a daily candlestick, it doesn't even look like Sanzon.
The adjustments themselves are expected to continue in Bitcoin. We are looking at a price range of up to 55,000 dollars if it falls, and up to 70,000 dollars even if it rises. The reason why the volatility is so high is that option volatility is at a fairly high value of 75.
In other words, it is a market where you can make a considerable profit if you trade well. It's hard to predict, but... 😓
Also, the outflow of Bitcoin ETFs is settling down. I think it's okay to take this positively.
＊＊＊Conclusion＊＊＊
Bitcoin continues to be viewed in the range exchange rate. Now pro traders aren't Bitcoin, and there are many people watching Ethereum, so it was approved on 5/3...
Bitcoin has continued its range exchange rate after passing through the FOMC last week and rising slightly. Currently, we have tested 60,000 dollars and it is moving around 65,000 dollars.
Bitcoin's adjustment seems natural when looking at the positive line and weekly high RSI for 7 consecutive months.
Below is a weekly RSI heatmap.
If you look at it on a daily candlestick, it doesn't even look like Sanzon.
The adjustments themselves are expected to continue in Bitcoin. We are looking at a price range of up to 55,000 dollars if it falls, and up to 70,000 dollars even if it rises. The reason why the volatility is so high is that option volatility is at a fairly high value of 75.
In other words, it is a market where you can make a considerable profit if you trade well. It's hard to predict, but... 😓
Also, the outflow of Bitcoin ETFs is settling down. I think it's okay to take this positively.
＊＊＊Conclusion＊＊＊
Bitcoin continues to be viewed in the range exchange rate. Now pro traders aren't Bitcoin, and there are many people watching Ethereum, so it was approved on 5/3...
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$Bitcoin(BTC.CC$
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 $50,000 is the bottom price in the end. However, I think it depends on the FOMC for it to drop this far, but you need to be careful ⚠️
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$Bitcoin(BTC.CC$
What are the materials that will drive the next market price??
Now that Bitcoin ETFs have been approved, the next thing that will attract attention is an Ethereum ETF. However, just as Bitcoin ETFs took time to be approved, it seems difficult for Ethereum ETFs to be approved immediately.
Currently, Ethereum has completed its Denkun upgrade and has succeeded in drastically reducing layer 2 fees.
It is true that this has made it easier for users to gather in the Ethereum ecosystem.
“Market driving materials”
・Ethereum ETF → Since it will rise in anticipation, I think the price movement will be as unstable as Bitcoin until it is approved.
・AI trend → AI demand is also flowing to cryptocurrencies, led by RNDR. However, I don't think there will be an inflow of funds to the extent that the overall market price is raised.
・Reheating of games and NFTs → 2021 was also enthusiastic about games and NFTs, and prices soared. After all, I think these are the keys to spreading to the public.
・Entry of institutional investors → As pension institutions such as GPIF enter, the inflow of funds will increase.
・Presidential election...
What are the materials that will drive the next market price??
Now that Bitcoin ETFs have been approved, the next thing that will attract attention is an Ethereum ETF. However, just as Bitcoin ETFs took time to be approved, it seems difficult for Ethereum ETFs to be approved immediately.
Currently, Ethereum has completed its Denkun upgrade and has succeeded in drastically reducing layer 2 fees.
It is true that this has made it easier for users to gather in the Ethereum ecosystem.
“Market driving materials”
・Ethereum ETF → Since it will rise in anticipation, I think the price movement will be as unstable as Bitcoin until it is approved.
・AI trend → AI demand is also flowing to cryptocurrencies, led by RNDR. However, I don't think there will be an inflow of funds to the extent that the overall market price is raised.
・Reheating of games and NFTs → 2021 was also enthusiastic about games and NFTs, and prices soared. After all, I think these are the keys to spreading to the public.
・Entry of institutional investors → As pension institutions such as GPIF enter, the inflow of funds will increase.
・Presidential election...
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$Bitcoin(BTC.CC$
Bitcoin has crashed drastically. It seems that the numerous ceiling signs have finally caught fire.
Surrounding people think 60,000 dollars or 50,000 dollars are the target of bottoming out. But no one knows the bottom.
What you can see is that this is just an adjustment and the trend will continue.
I think it's time to pay attention to the next rising stocks.
I'm focusing on AI, layer 1, and meme stocks as categories that can be expected to rise. This is the category that has risen the most in the trend from February to early March this year.
However, seasonal trends change. After adjustments, these stocks may lose to other categories. However, I believe that AI alone will definitely continue to rise.
This is because the overall trend in the financial market is AI rather than cryptocurrencies. NVIDIA today announced the development of a high-speed GPU called Blackwell. The AI trend has just begun, and this trend will definitely flow into cryptocurrencies.
Notable stocks are CGPT, Fetch, RNDR, etc. And AI brands that will be newly listed in the future...
Bitcoin has crashed drastically. It seems that the numerous ceiling signs have finally caught fire.
Surrounding people think 60,000 dollars or 50,000 dollars are the target of bottoming out. But no one knows the bottom.
What you can see is that this is just an adjustment and the trend will continue.
I think it's time to pay attention to the next rising stocks.
I'm focusing on AI, layer 1, and meme stocks as categories that can be expected to rise. This is the category that has risen the most in the trend from February to early March this year.
However, seasonal trends change. After adjustments, these stocks may lose to other categories. However, I believe that AI alone will definitely continue to rise.
This is because the overall trend in the financial market is AI rather than cryptocurrencies. NVIDIA today announced the development of a high-speed GPU called Blackwell. The AI trend has just begun, and this trend will definitely flow into cryptocurrencies.
Notable stocks are CGPT, Fetch, RNDR, etc. And AI brands that will be newly listed in the future...
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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.
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1
$Bitcoin(BTC.CC$
10x with Bitcoin is absolutely impossible from now on. However, if it's an altcoin, it's quite possible.
I bought a generation A I stock called CGPT for 0.05 dollars, and now it has risen to 0.5 dollars.
There is an unprecedented boom in generative AI, led by NVIDIA. Stock market money has also flowed into cryptocurrencies, and tremendous returns have been generated.
The boom has only just begun. It's a story that's 100 times more likely.
Currently, Bitcoin has risen by 72,500 dollars, so it's a dangerous level ⚠️.
Once adjustments are made, the first thing you should buy is the AI brand. Popular currencies are listed below.
fisco.jp/media/...
fisco.jp/media/...
It's not in this article, but the CGPT I purchased is an app on Binance Smart Chain, and it's also a launchpad (fundraising app). The recent TVL (total amount of money deposited) has grown 150%. You can check this number on Defi Lama.
Anyway, let's get on with the boom. The topic is AI. Especially generation A...
10x with Bitcoin is absolutely impossible from now on. However, if it's an altcoin, it's quite possible.
I bought a generation A I stock called CGPT for 0.05 dollars, and now it has risen to 0.5 dollars.
There is an unprecedented boom in generative AI, led by NVIDIA. Stock market money has also flowed into cryptocurrencies, and tremendous returns have been generated.
The boom has only just begun. It's a story that's 100 times more likely.
Currently, Bitcoin has risen by 72,500 dollars, so it's a dangerous level ⚠️.
Once adjustments are made, the first thing you should buy is the AI brand. Popular currencies are listed below.
fisco.jp/media/...
fisco.jp/media/...
It's not in this article, but the CGPT I purchased is an app on Binance Smart Chain, and it's also a launchpad (fundraising app). The recent TVL (total amount of money deposited) has grown 150%. You can check this number on Defi Lama.
Anyway, let's get on with the boom. The topic is AI. Especially generation A...
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$Bitcoin(BTC.CC$
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.
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$Bitcoin(BTC.CC$
I think Bitcoin has reached the right time to sell.
The annual sentiment of Google Trends has reached 100, which suggests that it is reaching its climax.
The inflow of Bitcoin ETFs has also reached a record high.
Even if you check it on the chart, the high price is almost in line with the past high.
The monthly chart will continue to form a cup with handle and I think it will head towards a decline.
Then, I think it will start to rise around fall.
What should you pay attention to next $Ethereum(ETH.CC$
Ethereum still has room to rise, and the following indicators are about to enter an uptrend.
Option volatility is also extremely high, and if it grows, it will grow all at once.
Also, when I check the weekly chart of other altcoins, they have an impossible beard. The volatility is beyond imagination, and price movements are almost impossible to predict.
At times like this, it is important to have confidence that it will rise over a long period of time, and have the mentality of not selling even if it crashes.
I think Bitcoin has reached the right time to sell.
The annual sentiment of Google Trends has reached 100, which suggests that it is reaching its climax.
The inflow of Bitcoin ETFs has also reached a record high.
Even if you check it on the chart, the high price is almost in line with the past high.
The monthly chart will continue to form a cup with handle and I think it will head towards a decline.
Then, I think it will start to rise around fall.
What should you pay attention to next $Ethereum(ETH.CC$
Ethereum still has room to rise, and the following indicators are about to enter an uptrend.
Option volatility is also extremely high, and if it grows, it will grow all at once.
Also, when I check the weekly chart of other altcoins, they have an impossible beard. The volatility is beyond imagination, and price movements are almost impossible to predict.
At times like this, it is important to have confidence that it will rise over a long period of time, and have the mentality of not selling even if it crashes.
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+2
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$Bitcoin(BTC.CC$
Let's sort out the current state of Bitcoin.
It is currently overheated, and Bitcoin has been picked up on TV, and people who don't know Bitcoin until now have entered the stage where they are investigating Bitcoin.
This state is commonly referred to as friend radar, and it is also a sign of sales.
However, it is also true that a full-scale upward market has just begun.
This is an index that measures the feeling of overheating from the total market value of the on-chain data analysis site CryptoQuant. If this exceeds 4, vigilance increases quite a bit.
Currently, it's still quite far from 1.8. Various other indicators also indicate a sense of overheating, but I think it is still in a state where the sense of overheating will increase in the future.
In conclusion, I think Bitcoin will continue to rise throughout the year. But I think adjustments will definitely come. I think the immediate future will come in April. If the crash range is 70,000 dollars, I think it will fall to 40,000 dollars.
We have seen an increase so far this month. If FOMC is a pigeon faction, I think it will definitely rise.
Let's sort out the current state of Bitcoin.
It is currently overheated, and Bitcoin has been picked up on TV, and people who don't know Bitcoin until now have entered the stage where they are investigating Bitcoin.
This state is commonly referred to as friend radar, and it is also a sign of sales.
However, it is also true that a full-scale upward market has just begun.
This is an index that measures the feeling of overheating from the total market value of the on-chain data analysis site CryptoQuant. If this exceeds 4, vigilance increases quite a bit.
Currently, it's still quite far from 1.8. Various other indicators also indicate a sense of overheating, but I think it is still in a state where the sense of overheating will increase in the future.
In conclusion, I think Bitcoin will continue to rise throughout the year. But I think adjustments will definitely come. I think the immediate future will come in April. If the crash range is 70,000 dollars, I think it will fall to 40,000 dollars.
We have seen an increase so far this month. If FOMC is a pigeon faction, I think it will definitely rise.
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