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A lot of red color in Funding matrix, be ready for a correction! Not calling for selling of course, every dip is strictly for buying!
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📍#Bitcoin Update (Continue)
🔺Bitcoin has exhibited a performance in line with our expectations.
🔺Breaking out of the bull flag pattern and demonstrating an impressive upside movement, with current trading levels above $30,800.
🔺While a minor correction may be possible, we anticipate that Bitcoin will continue to exhibit bullish momentum.
🔺In addition to Bitcoin, altcoins have also demonstrated bullish movement.
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📍#Bitcoin Update (Continue)
🔺Bitcoin is exhibiting a formation of a bullish pattern, known as a bull flag, on a lower time frame.
🔺If Bitcoin continues to follow this pattern, it is likely that a breakout will occur soon, resulting in a bullish move in Bitcoin price.
🔺It is recommended to monitor this potential breakout closely.
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📍#Bitcoin Update (Continue)
🔺Bitcoin is exhibiting a double bottom pattern on lower time frames, which is considered a bullish signal.
🔺If Bitcoin follows this pattern, we may see an upward movement in its price.
🔺However, today's release of CPI data may result in market volatility.
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BREAKING‼️ 🇨🇳 Tik-Tok in China now shows the #Bitcoin price when searched. It has 600 MILLION users.
- Bitcoin Archive
https://twitter.com/BTC_Archive/status/1645803924547600388
Microstrategy returned to the profit zone.
The average purchase price of BTC is $29,803.
https://dropstab.com/p/microstrategy-crypto-portfolio-4crikwkuk4
#Bitcoin is the most Googled word in the USA 🇺🇸 😱
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#BTC CME gap is still opened after tiny dump! Most likely it will be closed soon.
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📍#Bitcoin Update (Continue)
🔺Bitcoin's weekly candle closed in green but formed a doji candle.
🔺Bitcoin has been forming doji candles for 3 weeks.
🔺The doji candles suggest low volume.
🔺In order to gain bullish momentum,
Bitcoin needs to break $30k.
🔺Breaking $30k may lead to a positive trend.
🔺Bitcoin's price movement remains uncertain.
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📊 U.S. CPI inflation.
5.2% expected (march)
6.0% previous (feb.)
🗓 WEDNESDAY, 8:30AM ET
👉🏻 What’s your prediction for this week’s U.S. CPI inflation report?
55k Blocks until next Halving. #Bitcoin
- Root
https://twitter.com/therationalroot/status/1644739119879446528
📍#Bitcoin Update (Continue)
🔺Bitcoin is currently maintaining its position within a symmetrical triangle pattern.
🔺In order to gain bullish momentum, Bitcoin needs to break out of this pattern with appropriate volume.
🔺The price level of 27,500 is serving as a critical support level for Bitcoin.
🔺A breach of this level could result in further bearish pressure, while a successful breakout could lead to an uptrend in the cryptocurrency's price.
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Upcoming key events for the markets:
10.04.2023, 15:30 UTC — Closed Board Meeting
12.04.2023, 12:30 UTC — CPI
12.04.2023, 18:00 UTC — FOMC Meeting
Get ready for high volatility 📉📈
“Costa Rica🇨🇷 must take advantage of its hydro power⚡️ to mine ⛏️#Bitcoin” says Samson Mow to El Financiero, the most prominent financial journal📰 in that nation.
- JAN3
https://twitter.com/jan3com/status/1644207052753960960
#Binance burned $675 million worth of $BNB in its 23rd quarterly burning event
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The Bitcoin dominance level has recently reached an important resistance level.
🔺Despite attempting to break through, it was ultimately rejected and Comes Down
🔺It is possible that BTC.D will make another attempt at breaking through this resistance in the near future.
🔺If a successful breakout occurs, it could potentially lead to a drop in the prices of Altcoins.
#Inflation fell to 5.0% in March, below expectations.
Core #CPI ROSE to 5.6%, matching expectations.
Bankrupt exchange FTX has reportedly recovered $7.3 billion in assets and is considering relaunching the exchange in Q2.
A good news finally✨
📍#Bitcoin Update (Continue)
🔺Bitcoin has broken the $30k resistance, which can be considered a positive signal
🔺For Bitcoin to gain bullish momentum, it is important to maintain its position above the $30k level.
🔺Currently, the $32k mark is acting as a significant resistance for Bitcoin, which needs to be surpassed to initiate a bullish move.
🔺If the $32k resistance level is broken, it could trigger a potential upward trend in the price of Bitcoin.
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Binance Will Delist QLC, NEBL and AUTO on 2023-04-18
https://www.binance.com/en/support/announcement/27933fc8f6c8451fbb18c0189681441a
Finally a break above $30,000✨. Look like it's been ages since we saw this 30k figure🤭
Btc Spot bag printing money 💰
$32k -32.5k will be a huge barrier now .keep an eye on that level
Almost 1 MILLION addresses hold +1 🥇 Bitcoin - a new all-time high! 🚀
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📍Bitcoin Update
🔺The upcoming day marks the end of the weekly candle for Bitcoin.
🔺Currently, Bitcoin is in the process of forming a doji candle.
🔺If the closing price of Bitcoin remains similar to the current price pattern, we can expect three consecutive weekly doji candles.
🔺This occurrence could have significant implications for Bitcoin's future price trend, as the formation of multiple doji candles often indicates market indecision and potential trend reversal.
Stay tune for more info !!!
Notice how the google search "buy bitcoin" is down in 2023 comparing to 2022! Even though September - October 2022 were super flat and December 2022 was doomed af, there were more people willing to buy #BTC than in 2023!
The crazy part is that almost x2 move from $16k to $29k was completely ignored by the non-crypto crowd! This once again shows us how far we are from the bull market
According to glassnode
#Bitcoin options contract open interest ($10.3 billion) surpassed futures contract open interest ($10 billion) for the first time in history, mainly due to the purchase of a large number of call options.
Volatility gap between $BTC and Nasdaq hits yearly high.
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📌The Fed will hold an emergency private meeting on April 10!
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#Bitcoin Whales holding between 10,000 and 100,000$ BTC amassed over 70,000 BTC over the past week
This means that they think about the further growth of Bitcoin and see the trend as bullish.
BREAKING‼️🇸🇻 President Bukele has linked his country’s growing economy with making #Bitcoin legal tender in 2021 - Financial Times
- Bitcoin Archive
https://twitter.com/btc_archive/status/1643981566799118337