As $BTC price declines more overleveraged positions get liquidated. In the past 24h - 645,278 traders were liquidated, over $5.5 billion worth of positions.

Square reports $4.57 billion in bitcoin sales for 2020 via Cash App.

Square also announced today that it has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million.

Just an ordinary correction in the bull market.

It’s finding support at the highest support area so I hope that’s enough for you to realize how bullish the market is.

You’re too naive if you think correction can’t happen in a bull market.

ETH fees 🤯

Microstrategy to Buy more Bitcoins after yesterday’s huge $1 Billion purchase

An area where I think Bitcoin is heading to

Grayscale have just announced it's exploring new investment products.

If Bitcoin weekly closes like this with bearish engulfing, next week I expect a test of the green area.

Waiting for weekly close and accordingly to that, we’ll set up our trade setups for a week ahead.

An area where I expect to see ETH/BTC in the next period (2-3 months).

Everything else aside, most people think the price will never drop below $30k.

All they have as a reference is the previous bull run and they think this one has to be the same.

Should it be the same?

Technically looking, these lows will be targeted sooner or later.

That’s where we have the first potential support.


This is a suggestion for traders to always observe all the options that are present.

These are the main support and resistance levels for a week ahead.

Since we’re in a bull market, the focus is on buying at supports. Shorting will happen only in case of a very good setup but most likely in form of daily trade or even scalp.

Bitcoin weekly returns show patterns similar to March seasonality setting in earlier than historically. However, it could also indicate a further price decline in March.

There is a rumor that Netflix will announce accepting Bitcoin, Bitcoin Cash, Ethereum and LTC very soon as payments methods

This is is a possible scenario.

I am not saying it’s going to happen but be aware of it when you open your next trade.

Stop loss has to be placed!

Microstrategy is not stopping at any point 🔥🔥

MicroStrategy Buys Additional $10 Million Worth of Bitcoin in Cash

https://bit.ly/2PBulsi

Chinese tech company Meitu has announced that they have purchased $40M worth of crypto including 380 BTC ($17.9M) and 15,000 ETH ($22.1M)

If this turns out to be a bearish market setup, we could expect to see Bitcoin price just above $40k.

This is a bearish market forecast.

The forecast we had for Bitcoin turned out to be the wrong one.

With the current market structure, Bitcoin is targeting a new all-time high.

Bitcoin positions continue to build up, futures open interest crosses $20 billion for the first time.

Bitcoin hit new all-time high!