My newest crypto trading AI results š - Achieved an 8% ROI over the past 20 days, despite challenging market conditions. - Maintained a maximum drawdown of just 1%, indicating exceptionally low risk. - All trades have closed with a profit to date.
You can follow the AI for free on my Binance copytrading by clicking the button on my binance square profile.
Just reached 169 followers on my Binance Copytrading profile. Have been trading for the last 318 days and closed every month in profit! #bitcoin #binance
$BTC has reached the Point of Control (POC), represented by the red line, which marks the price level with the highest trading volume over the past 30 days. It appears likely that $BTC may enter a range between 89K and 100K in the coming weeks before making its next significant move.
$MKR just broke out of the massive downtrend. I see this going to $4'000 soon and maybe even to the previous ATH at $6000 in 2021. Still highly oversold. #RWA
How I nailed the $BTC long at 91.8kāthe exact bottom:
My Exocharts setup caught it allāCVD making lower lows (tons of shorts opening) while #Bitcoin price made higher lows. A clear sign of a massive long orders absorbing the shorts. Quick 3R trade secured!šš„
Funding fees and market equilibrium: What does this mean for Bitcoin?
The current funding fees for #Bitcoin are at a stable level and show a balanced ratio between short and long positions - a positive sign for the health of the market.
The weekly chart shows that high funding fees in previous bull markets often followed an extreme price increase.
Currently, however, funding fees remain low, which means that there is no clear excess of long positions and the typical FOMO of a bull market top has yet to materialise.
This balance could indicate that the market has further upside potential before an overbought situation materialises.
Liquidity in the Bitcoin Market: Where is the Trend Heading? šø
The current liquidity situation in the #Bitcoin market reveals a significant liquidity cushion forming below $68,000.
Many traders anticipated a price drop toward $65,000 or even $50,000.
On my Discord server, I posted several longs on $BTC including altcoins, before the massive breakout to the upside.
However, caution is advised: in a strong uptrend, this liquidity often remains untapped. Itās essential not to rely solely on liquidation heatmaps, as these are currently heavily hyped.
Bitcoin breakout on the weekly chart: Is the downtrend finally over? š
The weekly chart shows a clear breakout to the upside, suggesting that the seven-month downtrend may finally be over.
For the past four weeks, Iāve observed that the uptrend has remained stable, so I see no reason to open short positions or expect the #Bitcoin price to drop back to $50,000 or below.
The trend is your friend until the end. As long as the trend continues, my outlook for the market remains bullish.
$BTC hit the exact orderblock from the previous high and has been declining since then. On the chart you can see the next support levels for $BTC . We are currently at the previous high demand zone. There's also strong support at 69'200 and 67'300 if we go lower from here. #Bitcoin