CryptoBullet
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CME BTC Futures (BTCM20) expiring Tomorrow!

πŸ“These are the Half Yearly Futures and they were launched on Dec. 30

Expecting some high volatility (right at the expiration time or on Monday) since the price of Bitcoin is in the apex of the giant triangle


❗️Also $1.8 billion BTC options are to expire Tomorrow
It will definitely affect the price

The Big Move is right around the corner
CryptoBullet
#Update ⚠️BTC is on the verge of a very bad breakdown Waiting for the daily close
BTC Update

The triangle broke down as expected

πŸ“There is a tiny CME Gap at 9245. We might rally back up to fill the gap before a continuation to the downside

🎯 The 200-Day MA is the first downside target

Generally speaking, as of right now I am looking for a potential low in the vicinity of 7k
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WPR vs QSP & ADA

One more coin is printing a pattern so familiar to us - WPR

WPR touched the Resistance 1 and pulled back immediately. Currently this coin is trading above key MAs. I believe it’s not done yet and we are going to test the Resistance 1 again and then probably break it

🎯Once the Resistance 1 broken, the path towards next significant levels (Resistance 2 & Resistance 3) is clear

(bullish case is valid until the support is broken)
πŸ’‘Finally it’s time to talk about XRP

XRP/BTC is printing massive bullish divergences on the RSI on the weekly and daily time frames

There is a pretty steep falling wedge on the daily chart with bull div present

A decent bounce should follow soon
BTC: Let’s Bring Some Clarity

https://www.tradingview.com/chart/BTCUSD/YEqVVGgk-BTC-Let-s-Bring-Some-Clarity/

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CryptoBullet
Here is a very promising chart - RLC/BTC on the weekly Now again trying to break above the 2.5 year declining trendline which this time is in line with the Point of Control on VPVR Breakout will be very significant, do not miss it out 🎯Targets on the chart
XZC vs RLC

XZC is printing a picture very similar to RLC before its breakout

As well as RLC, XZC has tested its 2.5 year declining trendline for many times with almost identical structure of bounces and rejections. Now XZC is trying to break out again

🎯Breakout targets on the chart
DNT/BTC has been in a sideways range accumulation for almost a year

We have a well-defined support at 60 sats slightly below major MAs

πŸ’‘Now DNT is trying to consolidate above all that support cluster. Once EMA200 regained, next step is to challenge the prior swing high of 85 sats and then towards next resistance levels

⚠️Breaking below the support cluster will invalidate the bullish case for some time
πŸ“‰ BTC crashed at the same time with the stock market. But let’s get into details

πŸ’‘In reality, the stock market crash dragged out BTC with it

Look at how S&P500 is leading BTC by a couple of minutes


- BTC topped out at 12:58 (UTC time)
- S&P500 topped out at 12:49 (UTC time)

- BTC started dumping and ruining the structure at 13:35 (UTC time)
- S&P500 started dumping and ruining the structure at 13:32 (UTC time)


Tell me more about how BTC is an uncorrelated asset
Pay attention to QSP/BTC

QSP has formed a pretty decent ascending triangle on the daily scale, EMA21 acts as a perfect support. Bullish as long as QSP holding above it

🎯Breakout targets on the chart
TCT vs RLC: Altcoin setup you can’t miss!

https://www.tradingview.com/chart/TCTBTC/0I0ZmLny-TCT-vs-RLC/

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BTC: Hash Ribbons Buy Signal. What can be derived from this?
Must Read


https://www.tradingview.com/chart/BTCUSD/JECCJlZG-BTC-Hash-Ribbons-Buy-Signal-What-can-be-derived-from-this/

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