$BTC RSI divergence in daily…TF.
It is possible that we may see a correction of 10-15% before the commencement of next bull rally
Altcoins have been doing Incredible well but remember that #Altseason has not yet Begun.
It's important to maintain a Disciplined & Patient approach to investing in order to achieve long-term Success.
📈Will 2023 be the year of bitcoin accumulation and hoarding?
According to CryptoQuant analysts, 2023 may be the next stage of long-term accumulation of Bitcoin💰
Last year, the market was dominated by bearish sentiment provoked by macroeconomic factors and other risks. As a result, bitcoin collapsed to a two-year low and recovered slightly only by the beginning of 2023📊
However, the largest digital currency is still well below the record values reached in 2021. It is this factor that stimulates investors' willingness to continue accumulating BTC
💭In 2023, most likely, we will not see a breakthrough. But CryptoQuant believes that the current year may be decisive for bitcoin hodlers. They always aggressively buy at the bottom when the market is stagnating📈
DOT has reached the ceiling of the ascending channel and reacted to it and failed to break through it. It is possible to reduce the price to $6.8 at first.
$DOT can boom anytime 💥 🚀
MARKET NEWS:
🇨🇳 Chinese Coins Narrative :
US attacking Binance CZ, Causing Chinese Coins to Pump 📈
People buying Chinese coins in the belief that Chinese ppl will buy.
But they are unaware that Chinese people/whales are ready to dump on these buyers.
The Narrative will vanish sooner than expected.
$BTC falling wedge Breakout & Death cross in weekly...TF..!!
Bitcoin is made it's ever Death cross in Weekly timeframe.
A weekly candle close above 25K could suggest that the market is experiencing a bullish trend reversal, & the death cross signal may no longer be relevant in this context.
Our potential is infinite, and it lies between us. Break ourselves free from the shackles of self-imposed limitations & achieve greatness.
Whether it's making $1 or $1 million, the power to succeed lies within us.
#cryptocurrency #BTC #Bitcoin
⚡️ BREAKING: CPI for January just came in at 6.4% YoY above expectations of 6.2% YoY
Читать полностью…The US has already cut Binance's banking facilities by forcing Silvergate and Signature Bank to cut ties.
Binance is unable to access $USD in order to continue pumping market and now it can't get access to USD via $BUSD as well.
$23300 will be hard resistance for bitcoin because of the decreasing BUSD and no new inflow of USD.
Short term we will see 3-5% up move before heading down
🚨 Key Dates to Watch This Week 👀
14 Feb: US CPI
15 Feb: US Retail Sales
16 Feb: US PPI
16 Feb: US Unemployment Claims
BTC Update :
The Bitcoin short from $23.6k hits our first target at $21.5k.
Bitcoin is currently holding on to the 200day EMA support, and we may see a small bounce to the resistance of $22.3k before continuing down.
So take a 50% profits and prepare to short again at resistance.
Bank of America, Goldman Sachs, JPMorgan, UBS Share Predictions About Further Fed Rate Hikes
Bank of America, Goldman Sachs, JPMorgan, and UBS have shared their predictions about the Federal Reserve raising interest rates further. Bank of America and Goldman Sachs, for example, now expect the Fed to raise interest rates three more times this year.
BTC UPDATE:
BTC has formed an Adam and Eve chart pattern in 1…D..TF and attempting to break out its neckline but everytime it fails to breakout
We've to wait for a breakout patiently with a successful retest above it, which would confirm a strong bullish rally in the market.
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📊 Today we are expecting the release of inflation (CPI) data in the US.
Current inflation is at 6.5%. The market expects a decrease to 6.2%, although no change in inflation was forecast in January.
📜 Scenarios:
• 6.6% or higher — sell-off across all markets.
• 6.3%-6.5% — a lighter sell-off.
• 6.2% — a normal, even good scenario.
• 6.1% or lower — a good scenario for markets to turn green.
Previously, CPI was calculated based on consumption over the past 2 years. From now on, the data will be based on 1 year of consumption.
👉🏻 It is possible that the change in the calculation model will have a significant impact on the results 🤔
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