Bitcoin Trader Shares The “Only Chart” You Need To Profit From BTC In 2024
The Bitcoin price has been retracing over today’s trading session after reclaiming some lost ground. The selling pressure could push BTC back to critical support levels unless buyers can stop the current price action. Related Reading: Bitcoin Price Ready For Blast-Off As Key Metrics Signal A Bull Run: Top Analyst As of this writing, Bitcoin trades at $27,400 with a 2% loss in the last 24 hours. Over the previous week, the cryptocurrency recorded a 3% loss as the rest of the crypto top 10 by market cap moves in a similar direction. The One Bitcoin Chart For Success? Crypto analyst and....
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Despite initial expectations of a robust rally, major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), and XRP have encountered a slowdown in momentum following a promising start in 2023. However, a prominent tech company’s leaked disclosure can alter this trajectory. With the Federal Reserve (Fed) grappling with a staggering $33 trillion US “debt death spiral,” investment banking firm Jefferies analysts have warned that the Fed may be compelled to restart its money printing presses. This move could trigger the collapse of the US dollar and ignite a significant price boom for....
Bitcoin price pushed above $420 today and continues higher in a narrow channel of advance. Regardless of indicators at any timeframe and despite large sell orders above price nearly every step of the way, the persistent advance continues pushing higher. It is as if nothing can stop it. If a trader takes profit based on overbought indicators, they will soon regret their prudence since their only option will be to rejoin the trend – into overbought MACD, RSI and stochastics. While price holds within the advancing channel, the only option is to be bullish. Don’t read the chart indicators,....
Russia moves forward with its plans to create its own digital ruble by 2024. Recently, the Central Bank of the Russian Federation (CBR) released a draft proposal outlining the primary monetary policy parameters for the next three years. The anticipated launching in 2024 would take place in a significant year for the country as it […]
As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.
A trader, on popular Bitcoin trading platform PrimeXBT, recently had a successful run that netted him a total return of over 1,800%. However, where it becomes interesting is that through copy-trading, followers of the trader — Satoshi Bets — managed to profit from his successful run by turning $400,000 into $8 million in a matter […]