Of course, even with the minor correction, the BTCUSD graph remains an impressive sight:

Quick 6% return in our Binance Futures and BitMex/Bybit VIP Groups yesterday, riding some of the recent volatility in the market. 🚀

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Binance Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 5.9701% 📈
Period: 1 Hours 19 Minutes ⏰

Last week, the Bitcoin market was bearish, and we expect this week’s sentiments to make it maintain the bearish trend. Already the tool that I rely on to analyze the market is showing the rate of 78.44%. Note that last week the rate was 85.35 and we experienced a bearish, trend. So we expect the currency lean towards the bearish direction. Even though, this does not mean that we buy or sell the currency. Instead, it implies that we may soon get a pump in alts or a dump in the Bitcoin. However, nothing is 100% accurate here. So we must remain cautious until the dollars are released into the market after Biden is inaugurated on Wednesday. The release is likely to make a shift in Cryptos. Lastly, our analysis shows that we are 50% down in volume compared to what we had last week.

Crypto Update 👀

We expect the USD to react sharply to the entry ban that President Biden will be imposing on Non-Us citizens traveling across the border, especially those from Brazil, South Africa, United Kingdom, Ireland, and other 26 countries in Europe affected most by the pandemic. The ban, which is to be effected on Monday, is like the emergency state declared by former president Trump which caused a dip of $3500. So we closely monitor the words the president will be uttering to determine our positions.

Other events that are likely to impact Bitcoin include the large scale tests of the digital currency to be executed by China later in the year.

Lastly, you will need to note that this week our trading tool shows a bearish trend of 62%, while the daily trend is also bearish at 60 %. The hourly analysis is also bearish of 55 %. This could be explained by a slow increase in the USD in the crypto market, which is why Bitcoin prices are getting supported at above $30k. Also, there is an influx of new money into the market by individuals who want to buy Bitcoin. These moneys are contributing to the bearish signals we are getting from the market. Overall, we expect traders going short to experience weekly highs while those that will be taking long positions to experience new lows.

Despite the volatility, we still managed great results from our Binance Futures and BitMex/Bybit VIP Groups this week at 15% profit! 🚀

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Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.8405% 📈
Period: 33 Minutes ⏰

Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.7442% 📈
Period: 1 Hours 9 Minutes ⏰

Binance Futures
#BTC/USDT Take-Profit target 2 ✅
Profit: 3.4884% 📈
Period: 1 Hours 33 Minutes ⏰

Binance Futures
#BTC/USDT All take-profit targets achieved 😎
Profit: 5.814% 📈
Period: 4 Hours 51 Minutes ⏰

ByBit, BitMEX
#BTC/USD Take-Profit target 1 ✅
Profit: 1.9608% 📈
Period: 20 Minutes ⏰

CRYPTO UPDATE 👀

The crypto niche is showing some bearish trends. The BTC/USD balance sheet tool shows that we expect a weekly bearish trend of 55 % but the daily trend is bullish at 76 percent. The hourly trend was 90 % bearish in the last 4 hours.

Quick profit in 36 minutes from our Binance Futures and BitMEX/Bybit VIP Groups 🚀

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Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.7544% 📈
Period: 36 Minutes ⏰

19.5% profit in just 4 days from our Binance Futures and BitMEX/Bybit VIP Groups! What an awesome week! 🚀

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Binance Futures
#BTC/USDT Take-Profit target 1 ✅
Profit: 1.5789% 📈
Period: 3 Minutes ⏰