Bitcoin Bullets® Market Analysis
January 23, 2024
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⚪️TECHNICAL (4H)
Bitcoin has recently breached a critical horizontal support level that previously served as a stronghold for bulls. The significance of this development lies in its transformation into a formidable resistance barrier. A successful retest below this pivotal level would validate a bearish trend in the market, indicating a potential downward move. In such a scenario, the next key support level to watch for is approximately $38,000.
⚪️WRAP-UP (VIP)
This level becomes crucial as it marks a significant point where the market could find support, and its breach may signal further downside potential. Traders and investors should closely monitor the price action around these levels to gauge the strength of the current market sentiment and make informed decisions accordingly.
$BTC DAILY RANGE:
📈Upper Limit: 41700
📉Lower Limit: 39400
(+-17% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲38000
🔴SHORT
💲43000
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
Terraform Labs files for voluntary Chapter 11 bankruptcy, lists both assets and liabilities in the range of $100 mln to $500 mln
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Bitcoin Bullets® Trading
$OM Market Analysis
The price action of $OM on weekly timeframe level after consolidating in a compression level has bounced back form its Horizontal Support level and headed towards to its buy side liquidity level
leaving out the candle imbalances due to impulsive movements which can fill out if the price action fails to hold that level and gets reject from there
However, all the EMAs is showing as an support levels
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Bitcoin Bullets® Trading
📌$JASMY/USDT (LONG)
Leverage: 5-10x
TARGETS
0.005279✅
0.0053✅
Profit: 13.6% (10x)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
FTX Under New Scrutiny: Appellate Court Orders Independent Investigation
An independent examiner was initially barred from delving into the FTX bankruptcy case. However, the Third Circuit Court of Appeals in Philadelphia has recently overturned this decision, mandating that the defunct crypto exchange undergo an investigation by an external party. This ruling points out that such an inquiry may intensify oversight and inform prospective investors about the inner workings of these types of operations.
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- Bitcoin Bullets® Trading
📌$JASMY/USDT (LONG)
Leverage: 5-10x
STATUS UPDATE
Expected price action, make sure to have entry and take profit orders in place for this position. The market is expected to see further volatility meaning tight risk management should be in place at all times.
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- Bitcoin Bullets® Trading
$OGN Market Analysis
The price action of $OGN currently bouncing back from its Horizontal Support level marked between the $0.1542 - $0.1147 level on weekly timeframe level
Weekly closure above the its Horizontal Support level can show us the further upward movements for the next week
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Bitcoin Bullets® Trading
📌$BTC/USDT (SHORT)
Leverage: 5-10x
TARGETS
42485✅
42000✅
41500✅
41000✅
Profit: 45.2% (10x)🥂🔥
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 21, 2024
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⚪️TECHNICAL (4H)
Bitcoin is currently rebounding from a crucial horizontal support level, historically associated with significant bullish rallies. The ongoing bullish momentum is anticipated to persist as long as the bulls successfully defend this key support.
However, it is crucial to monitor the market closely, as a potential breakdown and subsequent retest of the horizontal support could lead to a further correction in the market
⚪️WRAP-UP (VIP)
Traders and investors should remain vigilant to any shifts in market dynamics and adapt their strategies accordingly.
$BTC DAILY RANGE:
📈Upper Limit: 41730
📉Lower Limit: 41530
(+-7% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲40000
🔴SHORT
💲45000
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Bitcoin Bullets® Trading
VIP NEWS
US Senators Introduce Bill 'to Combat Illicit Use of Crypto Assets' Through Public-Private Partnership
U.S. lawmakers have introduced a bill “to combat the illicit use of crypto assets.” The Preventing Illicit Finance Through Partnership Act “will allow federal regulators to work with the private sector to gain insight into the often-misunderstood world of crypto to weed out bad actors without crushing an entire emerging industry,” Senator Cynthia Lummis described.
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- Bitcoin Bullets® Trading
📌$ARPA/USDT (LONG)
Leverage: 5-10x
TARGETS
0.068✅
Profit: 6.7% (10x)🥂🔥
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- Bitcoin Bullets® Trading
📌$BTC/USDT (SHORT)
Leverage: 5-10x
TARGETS
42485✅
42000✅
41500✅
41000✅
Profit: 45.2% (10x)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
Donald Trump Promises to Block Digital Dollar Creation — Calls CBDC 'Dangerous Threat to Freedom'
Former U.S. President Donald Trump has promised to stop the creation of a U.S. central bank digital currency (CBDC) if he is elected president of the United States. He explained that a digital dollar would give the federal government “absolute control over your money,” warning that the government could take your money and you wouldn’t even know that it’s gone. “This would be a dangerous threat to freedom, and I will stop it from coming to America,” Trump vowed.
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- Bitcoin Bullets® Trading
📌$BTC/USDT (SHORT)
Leverage: 5-10x
TARGETS
42485✅
42000✅
41500✅
41000✅
Profit: 45.2% (10x)🥂🔥
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- Bitcoin Bullets® Trading
VIP NEWS
Mining Digital Gold — These Are the Most Profitable Proof-of-Work Algorithms in 2024
In September 2022, Bitcoin’s SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations.
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- Bitcoin Bullets® Trading
📌$FIS/USDT (LONG)
TARGETS
0.27✅
0.28✅
0.30✅
0.32✅
0.36✅
0.40✅
0.45✅
0.50✅
Profit: 88.32% ( SPOT )
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 22, 2024
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⚪️TECHNICAL (4H)
Bitcoin has once again surged above the crucial horizontal support level, marking a pivotal juncture for bullish momentum. Maintaining this level is imperative for the bulls to sustain their current trajectory. However, a breakdown, followed by a successful retest below this critical support, could signal a potential correction in the market.
⚪️WRAP-UP (VIP)
Traders and investors are closely monitoring these price dynamics, recognizing the significance of this level in determining the future direction of the market.
$BTC DAILY RANGE:
📈Upper Limit: 41800
📉Lower Limit: 40100
(+-11% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲39000
🔴SHORT
💲45000
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Bitcoin Bullets® Trading
📌INSIDER UPDATE
SEC opens comment period on proposal that would allow options trading on BlackRock's spot bitcoin ETF
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Bitcoin Bullets® Trading
📌$ETH/USDT (SHORT)
Leverage: 10 -20x
TARGETS
2536✅
2500✅
2450✅
Profit: 61.3% (10x)🥂🔥
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- Bitcoin Bullets® Trading
📌$ADA/USDT (LONG)
Leverage: 5-10x
STATUS UPDATE
Expected price action, make sure to have entry and take profit orders in place for this position. The market is expected to see further volatility meaning tight risk management should be in place at all times.
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- Bitcoin Bullets® Trading
📌$JASMY/USDT (LONG)
Leverage: 5-10x
Breakout
ENTRY
0.004886 to 0.005229
OTE: 0.0051
TARGETS
0.005279
0.0053
0.00535
0.0054
0.0055
0.0056
0.0060
0.0065
0.0070
SL
0.004603
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- Bitcoin Bullets® Trading
📌INSIDER UPDATE
9% of the Bitcoin supply has never moved since it was mined —a large portion of which is believed to have been mined by Satoshi in the early days of Bitcoin’s history
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Bitcoin Bullets® Trading
$API3 Market Analysis
On weekly timeframe level the price action of $API3 is consolidating between its Horizontal Support and Resistance level which is marked between the $1.227 - $0.996 to $2.177 - $1.934 level
The price action has broke out its Horizontal Resistance level and with in impulsive move the price action has to close above the level so we can expect the further upward movement
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Bitcoin Bullets® Trading
📌$ZIG/USDT (LONG)
Leverage: spot
Available ByBit, MEXC, Bitget, Huobi, , Coinex
Currently 8x up from where we gave you this signal (less than 3 months ago), we have once again proven our extreme accuracy on gems nobody else know about🚀🚀🚀
We already knew about $ZIG and it’s groundbreaking AI based investment management protocol, one of its kind… and when we sent our original signal, one of the most undervalued gems in the market, which still has the potential to explode at least 3-5x in the next fe months. It is one of the few projects generating real-world revenue at over $4 Million per year, which is on its own huge.
We told you we were expecting ByBit to list it soon, and it happened, exploding even higher. Now we’re telling you something bigger is coming, and that the profit potential for mid term holding is huge. Binance could be next, so it’s still a good small bag mid/long term hold.
As a bonus, biggest Binance Broker Partner, also sponsored Binance Blockchain Week and new CEO met the team, which we can already see where it can take us😉
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- Bitcoin Bullets® Trading
Bitcoin Bullets® Market Analysis
January 20, 2024
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⚪️TECHNICAL (4H)
Bitcoin has recently rebounded from a key horizontal support level and is currently trading above it. To validate the potential for another bullish rally, bulls are seeking a substantial increase in trading volume. Confirmation of a robust bullish trend often relies on heightened trading activity. Conversely, a breakdown followed by a retest of the aforementioned horizontal support could signal the possibility of a renewed downward move.
⚪️WRAP-UP (VIP)
This retest serves as a crucial indicator for potential shifts in market sentiment and could potentially mark the beginning of a bearish phase. Traders and investors should closely monitor both volume and price action for further insights into the market's direction, as these factors play pivotal roles in determining the strength and sustainability of the current market trend.
$BTC DAILY RANGE:
📈Upper Limit: 41800
📉Lower Limit: 41400
(+-7% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲40000
🔴SHORT
💲45000
➖➖➖➖➖
Bitcoin Bullets® Trading
📌INSIDER UPDATE
U.S. ETFs saw their strongest net inflows since to date yesterday of 10,570 BTC.
U.S. BTC Spot ETFs now hold 650,000 BTC - similar to GBTC's exposure at its March 2021 peak
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Bitcoin Bullets® Trading
📌$ADA/USDT (LONG)
Leverage: 5-10x
ENTRY
0.4576 to 0.4885
OTE: 0.47
TARGETS
0.493
0.4995
0.50
0.52
0.55
0.58
0.62
0.68
SL
0.4387
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- Bitcoin Bullets® Trading