CryptoPrincessYt

Bitcoin TA: Lost support.

BTC has lost key support. I’ll be breaking down the daily + weekly charts, Fibonacci levels, Bollinger Bands, MACD, Stoch RSI, volume, liquidity & more. Live today: 🇬🇧 3:45 PM UK 🇪🇺 4:45 PM CEST 🇺🇸 10:45 AM EDT Link: #Bitcoin #BTC #Crypto

BTC wurde vom goldenen Bereich abgelehnt und testet jetzt die 0,786er Retracement - ein entscheidendes Niveau, das die Bullen halten müssen. Wenn BTC dieses Niveau verliert (und es nicht zurückerobert), liegt das nächste wichtige Fibonacci-Niveau bei etwa 60.000 $.

Bitcoin is below the 200D SMA & has lost the 50D SMA. It’s also testing the lower Bollinger Band. MACD remains below zero, with the histogram expanding downwards — increasing bearish momentum. RSI is bearish & oversold. Daily: it still looks like a golden cross is forming.

Good morning & Eid Mubarak 🌸🎀💐🩷💐🎀🌸

Bitcoin Rejected at a Key Level | TA & On-Chain Data

Today: TA & On-Chain Data Livestream Bitcoin has been rejected from the golden pocket and the 200-day moving average, while the daily is showing a potential golden cross. Time: 3:45pm UK 10:45am EDT 4:45pm CEST 6:45pm Gulf Link:

2 hours until the weekly close. BTC looks like it will close inside the Bull Market Support Band (BMSB) on the weekly. • Low volume • Weekly MACD below zero • Momentum slowing • Rejected from the golden pocket area • Found support at the 0.786 fib Daily: Price movement

Doing on-chain analysis at midnight again BTC price is still above realised price-a powerful on-chain metric. MVRV Z-Score, good at identifying cycle bottoms, hasn’t reached 0 this cycle. Based on this historical data, on-chain indicators have not signalled a cycle bottom yet

Worth noting -the Z-Score at 0.76 is still historically cheap. Previous cycle bottoms saw it go negative. Historically, BTC price tags & goes below the realised price. But the floor could raise this cycle as institutional demand holds the market steady👀 I’m still bearish🤷🏻‍♀️

Does HMRC Know About Your Crypto? (UK Accountant Reveals All)

NEW LINK:

I’ll be asking a crypto tax accountant: • How does HMRC track crypto users? • Do you only pay tax when you cash out into pounds or within the UK? • What if you’ve traded hundreds of times? • What if you’ve lost access to old wallets? And much more…

Studying Austrian economics made me realise that economics sound complicated on purpose, so ordinary people leave it to “the experts.” Instead of getting to the root of the issue, we end up fighting each other over crumbs while the people in power avoid blame.

The 2014 structure was not identical. However, possible golden cross is forming in a bear market. Just something to keep an eye on.

Bitcoin was rejected at the 200D SMA So far, price has found support at the 50-day SMA Note: the 50-day is moving towards the 200-day SMA 👀 If they cross, it would form a bullish golden cross. A similar structure appeared during the 2014 bear market rally. See chart below.

Bitcoin Rejected At The 200-Day Moving Average | What Happens Next?

Bitcoin has been rejected at the 200-Day SMA. I’ve been tracking this level for weeks - now the question is what happens next? Live today: 🇬🇧 3:45 PM BST 🇺🇸 10:45 AM EDT 🇪🇺 4:45 PM CEST Watch here: #Bitcoin #BTC #Crypto

Weekly close tested the bear market resistance band and closed within. Both MACD & Stoch RSI remain bearish, with the weekly starting to lose momentum. I remain bearish - we haven’t confirmed a trend reversal yet so risk remains to the downside.

Good morning BTC is pulling back as expected. 10Y yield hits 4.6%. Investors are being cautious a the new Fed chair & rising bond yields. Daily MACD & Stoch RSI are bearish, RSI very oversold - possible bounce. Price approaching 50-day SMA. Weekly analysis in the comments.