I'm not into selling short when i see a possible dip incoming. So I decided to set a limit order to buy bitcoin at 58850 today. The idea is to expect a lot of buy orders around 0.38 fibonacci retracement level. There are accumulated limit buy orders around 58850 if you check Coinglass.
No idea when to exit this trade. I personally will probably wait for the US...
Greetings,
I am very optimistic about Bitcoin's bright future and 100K price target. If you bought Bitcoin below 55K and want to sit this one out, ignore this page. On the other hand, if you want to arbitrage a little, you should sale it now when it's still above 60K. There are lots of limit orders building up around 53K to 56K, so don't get too excited about...
Greetings,
Among crypto traders, there is always a saying called "Uptober". You might be wondering, is it a bit too early to buy Bitcoin considering it's still early in the September? Well, check the institutional buying pressure from 50K to 53K, it's pretty unlikely Bitcoin will dip bellow 52K. While the macro economy embracing a soft landing, Bitcoin is...
Greetings,
Looking at the indicators(the net volumes mostly), it's pretty clear people are taking the sides of the bears for now. The 65K resistance level will persist for now. But as we all read up on the macroeconomy, the easing cycle is about to began in September. The professionals are waiting patiently for the clear signal from Federal reserve.
However,...
It is a tradition for bitcoin holders to "Sell the news". If you read about Bitcoin's news, Bitcoin 2024 conference is making its headlines on multiple media platforms thanks to Donald Trump. Long story short, a correction is incomming. Major support is at 61300 for this round.
Yes, the immediate prediction on Bitcoin is a correction. But if you read news and...
