Attachments: Bitcoin (BTCUSD)

Bitcoin (BTCUSD)

#541
Feb 25, 2024 2:12am Feb 25, 2024 2:12am

WavesTech
| Joined Jan 2024 | Status: Trader | 131 Posts

btc Synthetics

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#542
Feb 25, 2024 10:17am Feb 25, 2024 10:17am

Sorobanista
Joined Jan 2017 | Status: Trader | 502 Posts

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Very long consolidation, maybe not even correct, before going straight up.

#543
Feb 25, 2024 11:58pm Feb 25, 2024 11:58pm

Bull-man
| Joined Feb 2024 | Status: Trader | 2 Posts

I think after BTC breaks 5300, it's going to go to the moon and target 100,000USD.

#544
Feb 29, 2024 6:17am Feb 29, 2024 6:17am

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,033 Posts

Quoting Konichiwhaat

Disliked

{quote} Another level. Did not think it would actually follow my line this well {image}

Ignored

....AND another level. Haven't even looked at forex this year yet. Nothing better than making a small fortune from just sitting on your hands and doing absolutely nothing... DO NOT AJUST YOUR SET!

(ps, hope everyone is well)

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Emotional Control. Process, not outcome.

#545
Feb 29, 2024 9:19pm Feb 29, 2024 9:19pm

WavesTech
| Joined Jan 2024 | Status: Trader | 131 Posts

Grayscale says not enough bitcoin to accommodate all the new demand, and so prices higher

https://www.forexlive.com/Cryptocurr...gher-20240301/

#546
Mar 1, 2024 1:05am Mar 1, 2024 1:05am

ChiForex
Joined Jan 2019 | Status: Trader | 2,923 Posts

https://www.forexfactory.com/thread/...te-on-deposits

Here an important thread to share your opinions folks

Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611

#547
Mar 1, 2024 1:58am Mar 1, 2024 1:58am

Techknow
Joined Oct 2023 | Status: Put your money where your mouth is | 1,303 Posts

The way I see Bitcoin is small positions short and accumulate down to the median, which around that time could be anywhere from 28 (on an overthrow of the main trend line) to 34, obviously time means a lot here. SO those numbers can change dramatically. I trade bitcoin like i trade gold .01 positions per 5k usd and average up to 5 times. Keeps it safe and you can handle the huge swings with ease.

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TechKnow

#548
Mar 6, 2024 11:40am Mar 6, 2024 11:40am

Ayax.TSS
Joined Apr 2019 | Status: Trader | 3,132 Posts

#BTCUSD / Daily

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#549
Mar 6, 2024 11:06pm Mar 6, 2024 11:06pm

Konichiwhaat
Joined Dec 2019 | Status: Going with the flow | 2,033 Posts

Quoting Konichiwhaat

Disliked

{quote} ....AND another level. Haven't even looked at forex this year yet. Nothing better than making a small fortune from just sitting on your hands and doing absolutely nothing... DO NOT AJUST YOUR SET! (ps, hope everyone is well) {image}

Ignored

We have arrived... and its just the beginning again

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Emotional Control. Process, not outcome.

#550
Mar 7, 2024 9:06am Mar 7, 2024 9:06am

Goat
Joined Jan 2009 | Status: LFG ROSS | 1,778 Posts

BTC is banging on that ATH with a sledgehammer!!

Will it break, or will it fail?!? Edge of my seat and I don't even have a position, yet.

#551
Mar 7, 2024 9:29am Mar 7, 2024 9:29am

Techknow
Joined Oct 2023 | Status: Put your money where your mouth is | 1,303 Posts

Quoting Goat

Disliked

BTC is banging on that ATH with a sledgehammer!! Will it break, or will it fail?!? Edge of my seat and I don't even have a position, yet.

Ignored

Im short. Stop over recent highs; well worth the risk-reward at this point.

TechKnow

#552
Mar 7, 2024 9:38am Mar 7, 2024 9:38am

Goat
Joined Jan 2009 | Status: LFG ROSS | 1,778 Posts

Quoting Techknow

Disliked

{quote} Im short. Stop over recent highs; well worth the risk-reward at this point.

Ignored

Good risk-reward, but that trade always scares me. I get stopped out intraday even when the daily candles go my way.

What fundamentals are you thinking about?

My only thought on the short side: the institutions are selling BTC to the the public. That never ends well.

#553
Mar 7, 2024 9:48am Mar 7, 2024 9:48am

Techknow
Joined Oct 2023 | Status: Put your money where your mouth is | 1,303 Posts

Quoting Goat

Disliked

{quote} Good risk-reward, but that trade always scares me. I get stopped out intraday even when the daily candles go my way. What fundamentals are you thinking about? My only thought on the short side: the institutions are selling BTC to the the public. That never ends well.

Ignored

I don't play any fundamentals. I believe they always play into the technicals, outside of major disasters
and flash crashes. Looking at the larger time frames, it's almost impossible for me to think it doesn't need a retreat to the 57 areas
first. I'm overall bearish long-term on Bitcoin, but I'm not saying it is that time quite yet. However, I do believe it is time for some retracing and then revaluation. It won't be long till I find out because my stop is just 5-600 over the high and in Btc that is not very far