$BTC Update: Rising Wedge along with a bearish divergence. If we lose the lower trendline then I've marked the levels.
Those are the targets of this pattern I'd personally target.
Happy trading.🤝🏻
Now that everything I mentioned happened, what next?
In the 4h time frame $BTC is creating a bullish divergence and on the other hand, USDT.d on the 4H is creating a bearish divergence. Charts below:
In simple words we can expect a reversal from this range.
Now that everything I mentioned happened, what next?
In the 4h time frame $BTC is creating a bullish divergence and on the other hand, USDT.d on the 4H is creating a bearish divergence. Charts below:
In simple words we can expect a reversal from this range. https://t.co/QjR8hslUWd
Expecting a correction this week for $BTC, we may see a retest of the 58k-61k zone very soon if we lose the support.
Will make a detailed post tomorrow, stay safe.🤝🏻
Today is the day we've all been waiting for throughout 2024.
Rates are dropping.
If all goes as planned, we will see gradual consolidation for #bitcoin over the next 2-4 weeks, with October marking the start of the real bull market.
If you've made it this far, you've earned it
I'm expecting a "Sell the news" event happening tomorrow after the ratecut be careful guys.
I wasn't able to post the days since I was banned from posting which is up today.
Regular updates from tomorrow or day after tomorrow. Stay safe.♥️
Summary of what Jerome Powell, Chair of the Federal Reserve said:
It’s time to adjust the Fed's monetary policy (lower the rate).
▪️ We will do everything possible to support a strong labor market.
▪️ The timing and pace of rate cuts depend on macroeconomic data and the…
JUST IN: 🇺🇲 Donald Trump teases crypto project and says "for too long, the average American has been squeezed by the big banks and financial elites.
It's time we take a stand together."
My opinion: I'm team Red from day 1 but I honestly didn't expect him to launch a coin.
I…
When we examine past #Bitcoin#halving and compare the current cycle to the previous one, it’s evident that we’re in a similar phase to late September 2020.
At that time, Bitcoin’s price was around $10.5K. Remarkably, over the next five months, it surged to over $56K.
While…
Just in: 🇺🇲 Kamala Harris plans to back measures to support the growth of digital assets, as per her campaign policy adviser.
Brian Nelson, senior campaign adviser for policy to the campaign, said:
“She’s going to support policies that ensure that emerging technologies and…
Just in: 🇺🇲 #FOMC minutes point to "likely" rate cut coming in September.
The minutes is just a transcript from the July FOMC. But sometimes it can differ and so add volatility to the market.
This is bullish. What the market wanted to hear. Likely rate cut in Sept.
Get ready…
Just in: 🇺🇲 #FOMC minutes point to "likely" rate cut coming in September.
The minutes is just a transcript from the July FOMC. But sometimes it can differ and so add volatility to the market.
This is bullish. What the market wanted to hear. Likely rate cut in Sept.
Get ready… https://t.co/OP7L6wHrfT
Just in: 🇦🇪 Tether is launching an AED-pegged stablecoin in partnership with UAE's Phoenix Group and Green Acorn Investments.
This move aims to boost international trade and remittances, leveraging the UAE's growing financial prominence.
#Tether#Crypto#UAE
JUST IN: 🇺🇸 Kamala Harris backs President Biden's 44.6% capital gains tax proposal, the highest in history.
The proposal also includes a 25% tax on unrealized gains for high-net-worth individuals.
~
In other words, if you buy a #Bitcoin at $50,000 and it goes up to $70,000 but…
Insider Information?
➡️#Powell is scheduled to speak at Jackson Hole this Friday and may indicate that the #Fed is prepared to cut rates by 50 basis points.
~
If Jerome Powell does announce the Fed’s readiness to lower interest rates by 50 basis points, it could lead to…
BREAKING 🇺🇲: Kamala Harris says she would raise the corporate tax rate to 28% if she is elected president.
The corporate tax rate has been 21% since 2018.
This would be the first hike in the corporate tax rate in over 40 years.
#StockMarket#USElection#Bitcoin
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