Hello traders! After a month of upward accumulation with some struggles, Bitcoin price has increased strongly in the past 3 days, from April 2022 until now Bitcoin has just returned to the 42k price range. Such market excitement seems to be due to defiance combined with plans to push goods by the big players in the market to get rid of goods before re-dealing new...
Hello traders! In the past 2 weeks, Bitcoin price tried to test the 36000 price range and accumulated in the 33000 to 36000 range until now. Last weekend we also witnessed the action of whales transferring a large amount of Bitcoin to the exchange, which signals that there will be large price fluctuations in the coming weeks, most likely a profit-taking action by...
Hello traders! As of the October 31 analysis, Bitcoin is still in the distribution zone and is in phase B of the distribution phase according to Wyckoff. The event that the FED kept interest rates unchanged did not create any significant boost but created an important price action for Bitcoin during this period. Excitement over Bitcoin ETF news is over. “Buy...
Hello traders! As of the October 31 analysis, Bitcoin is still in the distribution zone and is in phase B of the distribution phase according to Wyckoff. The event that the FED kept interest rates unchanged did not create any significant boost but created an important price action for Bitcoin during this period. Excitement over Bitcoin ETF news is over. “Buy...
Hello traders, here is the DVD! Last week saw a strong increase in price of not only Bitcoin but also the crypto market in general. The bullish story stems from market-wide excitement about Bitcoin ETFs soon receiving approval from the SEC. There are many big players in the financial industry who have applied for approval to the SEC such as: Blackrock,...