Forwarded from MYC Crypto Futures Signals VIP
Binance Futures
#BTC/USDT All take-profit targets achieved π
Profit: 5.1813% π
Period: 2 Hours 54 Minutes β°
#BTC/USDT All take-profit targets achieved π
Profit: 5.1813% π
Period: 2 Hours 54 Minutes β°
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Quick Updates πππ
Today and tomorrow is China's Spring Festival and later today we have Japan's National day - the markets are expected to have very thin liquidity.
This will cause more fish (with funds in millions instead of billions) to be able to jump in and shake/manipulate the markets and cause unexpected movements that may or may not align with the news and/or market sentiment.
Having this in mind, we will be cautious with any trade set up.
Today and tomorrow is China's Spring Festival and later today we have Japan's National day - the markets are expected to have very thin liquidity.
This will cause more fish (with funds in millions instead of billions) to be able to jump in and shake/manipulate the markets and cause unexpected movements that may or may not align with the news and/or market sentiment.
Having this in mind, we will be cautious with any trade set up.
Forwarded from MYC BitMex/Bybit Signals
Warning! β‘οΈβ‘οΈβ‘οΈ
- 100M+ positioned in BTC options under $40,000 expiring tomorrow (options tend to magnetize asset prices)
- This, along with the Spring Festival and the latest BTC bearish flows we get in our special data tool, might give a big indication of what is coming within the next hours...
- 100M+ positioned in BTC options under $40,000 expiring tomorrow (options tend to magnetize asset prices)
- This, along with the Spring Festival and the latest BTC bearish flows we get in our special data tool, might give a big indication of what is coming within the next hours...
Forwarded from MYC BitMex/Bybit Signals
Global Macro Analysis: BTC like GOLD π
Most economies are slowly recovering from the Covid-19 crisis. And just as it was after the 2008 financial crisis, when the price of gold increased consistently as the U.S. pumped more dollars into the economy to wade off deflation pressures.
Between 2009 and 2011, CPI spiked, reaching the peak level of 4 %. This led to a consistent increase in the price of gold. Today, the pattern is repeating itself as the world economies recover from lockdowns.
The United States is about to release over $1.9 trillion stimulus package into the market, which means that we will be going through the same situation we experienced in 2009-2011. So we expect to have too many U.S. dollars chasing the scarce BTC in a few days to come.
Also, we expect CPI to spike and thus traders that will put their money in BTC will rip big as the United States and other world economies get out of their way to try to support their economies.
https://www.tradingview.com/x/VwYZ6CLM/
Most economies are slowly recovering from the Covid-19 crisis. And just as it was after the 2008 financial crisis, when the price of gold increased consistently as the U.S. pumped more dollars into the economy to wade off deflation pressures.
Between 2009 and 2011, CPI spiked, reaching the peak level of 4 %. This led to a consistent increase in the price of gold. Today, the pattern is repeating itself as the world economies recover from lockdowns.
The United States is about to release over $1.9 trillion stimulus package into the market, which means that we will be going through the same situation we experienced in 2009-2011. So we expect to have too many U.S. dollars chasing the scarce BTC in a few days to come.
Also, we expect CPI to spike and thus traders that will put their money in BTC will rip big as the United States and other world economies get out of their way to try to support their economies.
https://www.tradingview.com/x/VwYZ6CLM/
Forwarded from MYC BitMex/Bybit Signals
βοΈ BTC WEEKLY UPDATE βοΈ
It is the 15th day of February 2021. The market is still building up as all eyes are cast on Congressβ additional $1.9 Trillion relief package, which is expected to move to the House budget committee any time from now. This billβs passing is important even though it is almost half the amount the former president Donald Trump package of $4 trillion, which was intended to help the economy recover. The money was intended to save the country from the impact of the pandemic which is bigger than the havoc caused by the Great Depression of 1930βs.
On Friday last week, the US Treasury Secretary Janet Yellen urged The G7 Finance leaders to provide the economiesβ physical support to recover. She told them that it was time governments increased their spending.
On the industrial front, the US is expected to release data on industrial production and sales. The figures are already showing that despite the pandemic, the economy got off strongly in the first month of 2021. Also, the figures for jobless claims will be released on Thursday to point to the economyβs direction. Elsewhere, the labor market has suffered much and will remain sluggish despite president Bidenβs proposal for a $1.9 trillion recovery package. In fact, it demonstrates that the package is valid.
On the other hand, everybody is waiting for the Federal Reserve policy meeting minutes, which should be released this Wednesday.
https://www.tradingview.com/x/bPuiExA9/
It is the 15th day of February 2021. The market is still building up as all eyes are cast on Congressβ additional $1.9 Trillion relief package, which is expected to move to the House budget committee any time from now. This billβs passing is important even though it is almost half the amount the former president Donald Trump package of $4 trillion, which was intended to help the economy recover. The money was intended to save the country from the impact of the pandemic which is bigger than the havoc caused by the Great Depression of 1930βs.
On Friday last week, the US Treasury Secretary Janet Yellen urged The G7 Finance leaders to provide the economiesβ physical support to recover. She told them that it was time governments increased their spending.
On the industrial front, the US is expected to release data on industrial production and sales. The figures are already showing that despite the pandemic, the economy got off strongly in the first month of 2021. Also, the figures for jobless claims will be released on Thursday to point to the economyβs direction. Elsewhere, the labor market has suffered much and will remain sluggish despite president Bidenβs proposal for a $1.9 trillion recovery package. In fact, it demonstrates that the package is valid.
On the other hand, everybody is waiting for the Federal Reserve policy meeting minutes, which should be released this Wednesday.
https://www.tradingview.com/x/bPuiExA9/
9% profit in the past few days for our Binance and Bitmex VIP Groups! π
Reach out to our admin ππ
@MYCSupportBot on how to join
Reach out to our admin ππ
@MYCSupportBot on how to join
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Binance Futures
#BTC/USDT All take-profit targets achieved π
Profit: 4.2553% π
Period: 5 Hours 8 Minutes β°
#BTC/USDT All take-profit targets achieved π
Profit: 4.2553% π
Period: 5 Hours 8 Minutes β°
Forwarded from MYC BitMex/Bybit Signals
πTIP OF THE DAYπ
When there is no trading se up, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
When there is no trading se up, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
Magnificent trading from our Binance and Bitmex VIP Groups! π
17.5% profit in just 3 days! π
Reach out to our admin ππ
@MYCSupportBot on how to join
17.5% profit in just 3 days! π
Reach out to our admin ππ
@MYCSupportBot on how to join
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Forwarded from MYC Crypto Futures Signals VIP
Binance Futures
#BTC/USDT All take-profit targets achieved π
Profit: 5.8594% π
Period: 4 Hours 19 Minutes β°
#BTC/USDT All take-profit targets achieved π
Profit: 5.8594% π
Period: 4 Hours 19 Minutes β°
Forwarded from MYC Crypto Futures Signals VIP
πTIP OF THE DAYπ
When there is no trading setup, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
When there is no trading setup, we do not force ourselves to find something to trade. We do not chase markets, we must give some time for the market opportunities to come to us.
#TradingPsychology
Forwarded from MYC BitMex/Bybit Signals
π₯ WEEKLY MARKET UPDATE π₯
πππ
Tug of War between Stocks, Gold, Bitcoin, and USD - Rising Bond Yields βπ
The reopening of economies has brought forth plenty of goodies and shifted attention to the energy sector. Both the financial and stock markets are bound to benefit more. The rise in treasury yields has also increased activities in the money markets and put pressure on stocks of tech companies.
USD is once again being fueled, resulting in the plunging of gold and Bitcoin. So, at the moment, the U.S. dollar seems to be on the gaining streak.
https://www.tradingview.com/x/cp5AdEFP/
According to the February report, Joe Biden's rescue package of 1.9 trillion will be advancing to the senate this coming Friday, while the nonfarm payroll for the month of February will depict recoveries in the labor market and show how the companies are faring on.
Elsewhere, Jerome Powell will be speaking about how the economy is performing in an event that will be hosted by Wall Street this coming Thursday.
OPEC Meeting
The oil prices have maintained their highs in 13 consecutive months. So, the meeting by the producers slated for Thursday will focus on how to increase production. Of course, the objective is to optimize gain from the black gold. Last year, OPEC slashed output by 9.7 million barrels per day to try and circumvent the raging pandemic. Therefore, the output is expected to increase shortly after the meeting.
In the U.K., the budget by the finance minister Rishi Sunak will be coming up on Wednesday. In the report, he will pledge to spend more money. Perhaps he will be offering the last bit of pandemic-related support. The budget will pile pressure and lead to more borrowing and move the current budget above $418 billion (300 billion) borrowing that went to COVID 19 and tax cuts. As a result, Sunak's budget plan will greatly determine the economic recovery.
In the meantime, the PMI, inflation data, and the eurozone will give an overview of where the economy will be headed ahead of the European Central Bank's meeting in March.
πππ
Tug of War between Stocks, Gold, Bitcoin, and USD - Rising Bond Yields βπ
The reopening of economies has brought forth plenty of goodies and shifted attention to the energy sector. Both the financial and stock markets are bound to benefit more. The rise in treasury yields has also increased activities in the money markets and put pressure on stocks of tech companies.
USD is once again being fueled, resulting in the plunging of gold and Bitcoin. So, at the moment, the U.S. dollar seems to be on the gaining streak.
https://www.tradingview.com/x/cp5AdEFP/
According to the February report, Joe Biden's rescue package of 1.9 trillion will be advancing to the senate this coming Friday, while the nonfarm payroll for the month of February will depict recoveries in the labor market and show how the companies are faring on.
Elsewhere, Jerome Powell will be speaking about how the economy is performing in an event that will be hosted by Wall Street this coming Thursday.
OPEC Meeting
The oil prices have maintained their highs in 13 consecutive months. So, the meeting by the producers slated for Thursday will focus on how to increase production. Of course, the objective is to optimize gain from the black gold. Last year, OPEC slashed output by 9.7 million barrels per day to try and circumvent the raging pandemic. Therefore, the output is expected to increase shortly after the meeting.
In the U.K., the budget by the finance minister Rishi Sunak will be coming up on Wednesday. In the report, he will pledge to spend more money. Perhaps he will be offering the last bit of pandemic-related support. The budget will pile pressure and lead to more borrowing and move the current budget above $418 billion (300 billion) borrowing that went to COVID 19 and tax cuts. As a result, Sunak's budget plan will greatly determine the economic recovery.
In the meantime, the PMI, inflation data, and the eurozone will give an overview of where the economy will be headed ahead of the European Central Bank's meeting in March.
16% profit in the last week from our Binance and Bitmex VIPs! π
Are you going to continue watching on the side as we reap these gains? π
Reach out to our admin ππ
@MYCSupportBot on how to join
Are you going to continue watching on the side as we reap these gains? π
Reach out to our admin ππ
@MYCSupportBot on how to join