赵逸航

As BTC breaks through $57,000, the question that investors are most concerned about right now is undoubtedly whether BTC can hold on to this key point and continue its upward trend?

Regarding this issue, some institutions and currency circle tycoons have maintained an optimistic attitude in their recent forecasts.

Based on historical data on the impact of spot ETF buying, BTC halving, and Federal Reserve policy changes on currency prices, it is expected that BTC prices are expected to rise to $63,000 in March.

In addition, the disk shows that the price is still well above the 50-day and 200-day moving averages, sending a bullish price signal! #BTC

The bull market continues to rise! Go long all the way and make big profits along the way#BTC #arweave

Bitcoin: At the current daily line and 4-hour level, in the continuous weak decline in recent days, the big negative line has closed back below the moving average. Although this big negative line seems very abrupt and difficult to understand, since the market has already appeared this way The trend has already interfered with the short-term trend.

At present, the market is bound to be weaker due to the impact of yesterday's negative line. Next, the currency price will focus on the short-term pressure of 41900 on the 10-day line. Whether it can return to above 41900 also shows the strength of bullish confidence in the market.

If it can climb above 41900, then there will be demand for a rebound in the market outlook. If the 5- and 10-day lines cannot stand above, then we must guard against the risk of another decline in the future. However, the space below is still very limited, so you can pay attention to the trend first. The line supports the 40500 area, which may also be the last technically holding position for short-term bulls.

In terms of operation: focus on the short-term range, and respond with low long and high altitude.

The pressure is measured at the top to the 41500 area. If you are aggressive, you can try a short short or a very light position. Stop the loss manually when the level is above 41900. The target is to reduce the position near 41000 and change the stop loss to breakeven. Expected 40800! #Manta #BTC #BTC #ALT #sol

Bitcoin has a shock and rebound in the day, with a maximum of 42900 front lines. We have more than 42,600 within the day. The actual combat has successfully made a profit in 42900.

At present, from the hourly map, the rhythm of its rebound within the day is not very strong. Under the blow of the bulls, the bulls are still greatly affected by the blow. The favorable fundamentals are driven.

In the evening, the top of the market continued to pay attention to the short pressure near 42900, and the main pressure was still in the 43500 area.

The daily currency price is retracted by the 42900 line, so it is still possible to go to the 42200 front line to find support below, but the possibility of falling below will not be very high.

In terms of operation, the gold should be treated with caution in the evening, and you can choose to wait and see, and the radical continues to focus on the choice #BTC #ALT #sei #sol

At present, Bitcoin's technical form has begun to gradually strengthen after continuous narrow range fluctuations on the daily and 4-hour levels. The short-term moving averages have gradually begun to converge and diverge upward, tending to adjust and repair the short-term trend to a certain extent.

Then after the disk price continues to maintain shock and repair, here is what we should pay attention to: whether it is rising or falling, after a period of time, the disk price will enter the adjustment and correction stage. This correction usually has two forms to complete, one is the time correction, take Time changes space, which is often referred to as shock; the other is to accumulate energy through retracement to prepare for a new rise.

Obviously, the current market price is undergoing a time correction, completing the adjustment through sideways movement, and then continues to move upward. Yesterday's strategy was perfect, long and short take all! Then focus on the 42200 line below this trading day. If it does not break, continue to go long #BTC #XAI #etf

[Bit Daily] Two major bad news come together! The approval of Bitcoin spot ETF did not stimulate the currency price to rise. Is the "Biden administration" the biggest resistance?

In the Asian market on Thursday (January 11), Bitcoin fluctuated at US$46,600. After the US Securities Regulatory Commission officially approved the spot ETF, the price of the currency once shot up to US$47,687, but then quickly fell back and failed to successfully break through the US$50,000 barrier. U.S. Securities and Exchange Commission Chairman Gary Gensler has stated that he does not recognize Bitcoin, and traders are assessing whether U.S. President Joe Biden's administration, which holds $10 billion worth of tokens, will profit from the rally.

The first negative news: The U.S. Securities and Exchange Commission still does not recognize Bitcoin

The U.S. Securities and Exchange Commission officially approved the Bitcoin spot ETF with a 3-2 vote, but Gensler’s subsequent speech was intriguing. He said that in the past six years, regulatory agencies have rejected more than 20 spot Bitcoin ETP applications, but this time the situation has changed. Changed because the court ruled that the committee needs to re-examine Grayscale’s application to convert its GBTC into a Bitcoin spot ETF.

Second negative news: The Biden administration holds more than 210,000 Bitcoins and the panic of selling on highs still exists

The approval of the Bitcoin spot ETF in the United States is indeed a good thing, but at the same time, investors are still worried that the Biden administration, as a crypto whale, is likely to "ship" on highs, causing the market to fluctuate again.

Cryptocurrency intelligence platform Arkham said that since the U.S. government is one of the largest Bitcoin whales, after the Bitcoin spot ETF passes, the U.S. government will also become the biggest beneficiary due to the increase in currency prices.

“Who will benefit the most from a Bitcoin spot ETF? Probably the U.S. government. The U.S. government is Bitcoin’s largest active address, accounting for over 1% of the total supply and currently worth $10 billion,

According to Arkham analysis data, the U.S. government currently holds more than 213,000 Bitcoins, with a current value of more than 10 billion U.S. dollars, an increase of 4 billion U.S. dollars compared to mid-2023.

It is understood that between November 2020 and 2022, the U.S. government seized more than 200,000 Bitcoins from cybercriminals and darknet markets in three different operations. Currently, these Bitcoins are mainly stored in the U.S. In an encrypted, password-protected, offline hard wallet controlled by the Department of Justice, IRS, or other agency.

How the U.S. government handles these seized Bitcoins has long been a topic of concern, as any selling could affect the price of the currency.

Bitcoin’s next resistance point is a mid-term test of $48,600, an important Fibonacci level. Despite Bitcoin’s strong gains over the past few months, the cryptocurrency has not yet reached overbought levels and is showing signs of overbought in the short-term and There is a bullish bias on the medium-term time frame #BTC #etf

As the Spring Festival approaches, everything is ready to celebrate the New Year together.

Bitcoin's actual VIP price today reached 44350, which was short at first and then long at 43300. Sure enough, the trend was as expected! Make a huge profit of 1500 points#BTC #etf #GMT #sol

The weekend market was as expected, with a range-bound trend.

Next: The top focus is on the 44200 line. If there is no breakthrough here, there will still be room for downside in the next 4 hours! #BTC #ETH #tia

While you choose to wait and see, we have already made a lot of money!

Great, I scored a total of 1,250 points on the two orders today! Make big money #BTC #ETH

There is no wasted effort in the world, and there is no accidental success! Only by constantly adjusting your mentality and never stopping can you eventually reach the finish line!

The recent trend of the pie is completely in line with expectations! Long and short short-term trend changes! It went long all the way to 42600 yesterday, and it was as high as 44200 this morning! Point prediction is very accurate! All actual battles have been successful #BTC #ETH

Brothers, what do you say? Yesterday, it was more than 42,800, 43,700 was chasing the long, and 44,200 was the harvest!

This morning the pie was high again at 44300, instantly gaining 750 points of space, very nice #BTC #ETH

Figure 1 is the strategy, Figure 2 is the short-term trend chart, this upward trend is perfect! The pie won at least 500 knives #BTC #etf #ETH #ARB

The fluctuation range for the entire trading day today is limited, with the lowest level below touching 42,700. We actually go long at 42,800 and reap 400 points of profit!

Next, regarding the evening market: The top still needs to pay attention to the 43300 first-line pressure attempt! If there is no breakthrough here, the market will fluctuate and recover. #BTC #ETH

The minutes of the Federal Reserve meeting showed that Fed officials agreed at the December meeting that the interest rate hike cycle that began in 2022 may have ended. They pointed to a moderation in inflation, especially the six-month annualized rate, and signs that supply chains are returning to normal while the labor market is beginning to loosen as more people join the workforce. They also said that raising interest rates above 5% dampened consumer demand, thereby easing inflation. They did not discuss when they would start cutting interest rates, and the Fed's dot plot shows the bank plans to cut rates three times in 2024. On Thursday, we will start to focus on the key data of the non-farm data week. The number of ADP employment in the United States in December was small, and the number of first-time jobless claims for the week of December 30 was affected. #BTC #ETH

In the early morning, the Federal Reserve released the minutes of its monetary policy meeting, directly discouraging expectations of a "rate cut" next year.

During the session, the 10-year U.S. Treasury yield recovered 4%, and the U.S. dollar also took advantage of the momentum to rise. The contents of the minutes have dealt a blow to the easing policy that has been highly supported by the market from last month to now. One-sided belief is that the Federal Reserve will soon enter an interest rate cutting cycle and end monetary tightening.

Pour a basin of cold water directly from head to toes. However, the minutes also hinted that the interest rate hike cycle is over. The last monetary policy meeting last year ended on December 13, 2023, and it chose to suspend interest rate increases three times in a row, keeping the federal interest rate unchanged at 5.25%~5.5%.

Now, if interest rates are not raised, it is only a matter of time before interest rates are cut. In the middle, keeping high interest rates unchanged means waiting for the CPI data to drop below 3%, or even move closer to the 2% target. Powell has also stated many times that it is impossible to wait for 2% inflation data before cutting interest rates. Then By that time, everything was too late.

As we all know, market sentiment expectations are more powerful than the truth, which is the collective consensus that when individuals join the group, their cognition will be greatly reduced and they will lose their judgment. "Buy expectations, sell facts", or "Sell expectations, buy facts."

Interest rate cuts are based on expectations. There has been a lot of speculation in the early stage, which has pushed up the price of gold and suppressed the US dollar and U.S. Treasuries. But now it is just a matter of speculation based on the minutes of the Federal Reserve meeting. #BTC #ETH

When we have passed hundreds of hurdles and seen all kinds of trends, we realize that what we are searching for so hard is nothing but the passion and expectation in our hearts. After passing through the support and suppression and overcoming the long-short transition, we discovered that in fact, what we have always wanted, the so-called trading, is just the intraday long-short decision day after day! #BTC #ETH

See it? V-shaped reversal!
Next, just go long on dips and try not to go short! 💰There will be more and more #BTC #ETH #etf

Remember what I said: in the next few days, the main idea of ​​​​Bitcoin will be bullish!

You can see 48,000 above! It will even exceed 50,000! Now reported 43363#BTC #ETH #etf #ai #sei