Scalptech: Crypto Signals by BTCMachine & Autobots
814 subscribers
477 photos
6 files
209 links
Daily Major Tokens updates by BTC Machine

Channel established in APRIL 2018.

PM for COPY BOT for bybit

@pbvip
Download Telegram
Forwarded from [CRUSHMachine] Binance Futures Signals
SHORT #ETHUSD @$2734.01 ๐Ÿšจ
Forwarded from [CRUSHMachine] Binance Futures Signals
PARTIAL TAKE PROFIT ON #ETHUSD @$2714.84 ๐Ÿšจ
Forwarded from [CRUSHMachine] Binance Futures Signals
SHORT #ETHUSD @$2725.75 ๐Ÿšจ
Forwarded from [CRUSHMachine] Binance Futures Signals
PARTIAL TAKE PROFIT ON #ETHUSD @$2706.08 ๐Ÿšจ
๐Ÿ’ฅ This is a partnership with Scalptech to offer you the best of crypto news!

๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you



27/04/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐ŸŸข BULLISH - Bitcoin Archive @BTC_Archive
OFFICIAL: Central African Republic has adopted Bitcoin as legal tender - President's Office.


๐ŸŸข BULLISH - COINDESK
Australia is going to have its own bitcoin exchange-traded funds (ETF) in the near future, despite some delays because of problems with the plumbing that delayed Wednesdayโ€™s (April 27) scheduled launch. Australia follows a long list of bitcoin ETF issuances in Canada and Europe. Thereโ€™s still no spot bitcoin ETF in the U.S.


๐ŸŸข BULLISH - COINTELEGRAPH
Itโ€™s a historic day for cryptocurrencies in Brazil, as the Senate has finally approved the countryโ€™s first bill aimed at regulating the crypto market. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country.


๐ŸŸข BULLISH - CNBC
Fort Worth, Texas, is now the first city government in the United States to mine bitcoin โ€” and in an almost poetic devotion to the initiative, Mayor Mattie Parker oversaw the construction of a small mining farm in City Hall.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ


๐ŸŸข BULLISH - Michaรซl Poppe @CryptoMichNL
Bitcoin reminds me a lot of the previous accumulation periods. Currently acting inside this range for 4 months already, resulting into boring, choppy price action. Relatively ATL's on on-chain data suggesting that it's accumulation. The breakout is probably going to be large.


๐ŸŸข BULLISH - The Wolf Of All Streets @scottmelker
BTC Monthly Interesting. Each month (for now) has put in a higher low, with a clear flat top at ~$48,000. This looks like a potential ascending triangle. [image]


๐Ÿ”ด BEARISH - BTCfuel @BTCfuel
A fakeout or wick to 35k / 37k still possible before the breakout to the upside


๐ŸŸข BULLISH - Rekt Capital @rektcapital
BTC is still at Macro Higher Low support [imagem]
๐Ÿ’ฅ This is a partnership with Scalptech to offer you the best of crypto news!

๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you



28/04/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - BLOOMBERG
Finland has selected two brokers to sell $75 million worth of seized Bitcoins its authorities hold. The brokers are set to sell the cryptocurrency during the spring and early summer. Finnish government is considering donating a part of the proceeds to help Ukraine defend itself against Russiaโ€™s invasion.


๐Ÿ”ด BEARISH - FINANCIAL TIMES
I keep on coming up against new ways to find crypto absurd. Crypto has no inherent value; it is worth simply what everyone has decided that itโ€™s worth. [...] Crypto tokens can be made just as easily. This why there are now almost 20k cryptocurrencies out there, making a mockery of the idea of digital scarcity.


๐ŸŸข BULLISH - Will Clemente @WClementeIII
Bitcoin Hash Rate reaching new all time highs. The demand to mine BTC is relentless and thus the network is more secure than ever before.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

โšช๏ธ NEUTRAL - COINTELEGRAPH
Macro factors are demanding further downside, as the impact of inflation and geopolitical strife is clearly felt on equities markets. At the same time, on-chain signals are anything but bearish. Whether short or long timeframe, however, $38,000 forms a critical historical price for Bitcoin.


๐ŸŸข BULLISH - Ian Alexander @ianAlexCrypto
Next target range 39900-40000 and then lastly 40800-40900 we could have a retracement from either of these ranges down to test 38-38.2k again


๐ŸŸข BULLISH - Rekt Capital @rektcapital
BTC has been doing well over the past two weeks to establish price stability at the bottom of the Volume Gap (~$40,000) Continued stability here & BTC will be able to fill the Volume Gap entirely over the coming weeks The top of the Volume Gap is ~$46000. [image]


๐ŸŸข BULLISH - Michaรซl van de Poppe @CryptoMichNL
To me, this is still the area to break on Bitcoin. If this block breaks and flips, I think $43K is next. [imagem]
03/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - COINTELEGRAPH
FED will make what is becoming a monthly dictation of what markets do this week with a new rate hike announcement. How severe and how quickly they are applied is a matter for debate, and a separate debate concerns whether markets have already โ€œpriced inโ€ various options.


๐Ÿ”ด BEARISH - TICKERNEWS
Wall Streetโ€™s Warren Buffett is dubbed as one of the most successful investors in the world. When asked about bitcoin at Berkshire Hathawayโ€™s annual meeting over the weekend he claimed he wouldnโ€™t buy the crypto at any price.


๐ŸŸข BULLISH - Matthew Hyland @MatthewHyland_
"Bitcoin will crash hard if the Stock Market crashes". The Stock Market is crashing and making lower lows but Bitcoin isn't. This has now been going on for 3 months; a full quarter. No Bitcoin hasn't decoupled, but this is at least noteworthy if BTC holds up again here



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

โšช๏ธ NEUTRAL - PlanB @100trillionUSD
Technical (RSI) & on-chain (realized) indicators show that bitcoin went full cycle. We had a bull market (top Mar/Apr 2021) and a bear market. In fact we are still in a bear market. Question is: is the bottom behind us (similar to realized in 2012) or yet to come (e.g. RSI<50)?


๐Ÿ”ด BEARISH - Steve @decodejar
Just a reminder that in 2017 money, Bitcoin has already re-tested 20k BTC. Monetary debasement has changed the game. 20k is 30k now.


๐Ÿ”ด BEARISH - Plan C @TheRealPlanC
My Bitcoin Confluence Floor Model (Worst Case Scenario) is currently at $28,189*. Remember this model has never had a single daily close below it in the history of BTC. *Intraday wicks could be lower.
04/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐ŸŸข BULLISH - COINTELEGRAPH
Amid growing calls for a โ€œcapitulationโ€ style event to put in a fresh macro bottom on BTC/USD, contingency plans were also becoming conspicuously more vocal. MicroStrategy, the company with the worldโ€™s largest Bitcoin corporate treasury, went as far as to say that it would up its Bitcoin buys if BTC reach 29k


๐ŸŸข BULLISH - COINTELEGRAPH
โ€œI think of Bitcoin the same way I think of the early internet. They [the government] didnโ€™t see it coming and now itโ€™s a viable form of currencyโ€“you can actually buy things with it.โ€ Khalil Rountree - (MMA) fighter.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐ŸŸข BULLISH - Rekt Capital @rektcapital
BTC is now testing a multi-week resistance Break this and the multi-week downtrend is over and BTC will enjoy upside [IMAGE]


โšช๏ธ NEUTRAL - PlanB @100trillionUSD
Original $55K S2F model made in March 2019 (grey) seems to fit current data better than later $100K model update (white). Others suggested & implemented a S2F model based on average S2F ratio, which smooths the jumps after halvings (yellow). Let's see what BTC will do next 2 yrs. [IMAGEM]


โšช๏ธ NEUTRAL - Michaรซl Poppe @CryptoMichNL
Overall, I'd rather want to say that the market is in the accumulation phase. Many altcoins are down and have corrected their entire move from the impulse in 2021. Rather accumulate than short.
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

05/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - COINTELEGRAPH
The price of bitcoin climbed about 6% Wednesday after the Federal Reserve raised rates by half a point โ€”the biggest hike in about 20 years โ€” as expected.


๐ŸŸข BULLISH - CNBC
Binance is now listed as a registered digital asset service provider by French stock market watchdog AMF. The move makes France the first major European nation to give Binance the greenlight.


โšช๏ธ NEUTRAL - COINTELEGRAPH
Bitcoin marks a milestone mining journey on Thursday, crossing the halfway point on the way to its next halving.


โšช๏ธ NEUTRAL - Bitcoin Archive @BTC_Archive
Binance has committed $500m to co-invest in Twitter with Elon Musk.




๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

โšช๏ธ NEUTRAL - Matthew Hyland @MatthewHyland_
Bitcoin Daily RSI broke Bullish out of the Symmetrical Triangle: [IMAGE]


โšช๏ธ NEUTRAL - Michaรซl van de Poppe @CryptoMichNL
Bitcoin looking at a HL in which Iโ€™d preferably looking at a potential long. As long as we stay above $38,000, everything looks fine for further continuation.
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

06/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - CNBC
The selling of cryptocurrency was sparked by a painful day on Wall Street where the Dow Jones Industrial Average lost more than 1,000 points on Thursday and the tech-heavy Nasdaq fell 5%.


๐Ÿ”ด BEARISH - COINTELEGRAPH
Only four days have passed since two of Argentinaโ€™s biggest banks opened up to crypto trading, but now the central bank has stepped in to block the offerings.


๐ŸŸข BULLISH - Bitcoin Archive @BTC_Archive
PORTUGAL: A house was just sold for 3 Bitcoin in the first 100% Bitcoin transaction for real estate.




๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐Ÿ”ด BEARISH - COINDESK
The breakdown of the three-month rising trendline perhaps implies the resumption of the broader decline from November highs. Popular indicators like the relative strength index (RSI) and the moving average convergence divergence (MACD) histogram are also biased bearish.


๐Ÿ”ด BEARISH - Rekt Capital @rektcapital
Looks like BTC has flipped the ~$38,000 level into new resistance Which now means... $BTC has confirmed a return to the $28K-$38K range which was home to consolidation in Q1 & Q2 in 2021


๐Ÿ”ด BEARISH - il Capo Of Crypto @CryptoCapo_
So I've been repeating that the main target for $BTC is 21k-23k, and now it seems that Microstrategy's margin call is at 21k. More confluence.


๐Ÿ”ด BEARISH - Will Clemente @WClementeIII
After a failed underside rejection (confluence with STH realized price) the 180EHMA has turned red for just the 4th time in Bitcoin's history. For HTF momentum/trend participants, not a time of interest. [IMAGE]


โšช๏ธ NEUTRAL - Michaรซl van de Poppe @CryptoMichNL
Bitcoin did sweep the lows, which it also did in February. A regain of $37.5K opens the gates towards $40.4K as a move and then the markets are looking completely different. $37.5K is the crucial breaker here. If that doesn't crack, I'm seeing $34K test next.
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

11/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - BLOCKWORKS
US Treasury Secretary Janet Yellen doubled down on her stance that stablecoins pose a threat to financial stability Tuesday. The Treasury will issue a โ€œcomprehensive reportโ€ on cryptocurrencies and stablecoins โ€œshortly,โ€


๐Ÿ”ด BEARISH - THE BLOCK
Crypto exchange Coinbase saw its shares drop by more than 20% Wednesday morning, a day after the company released earnings that revealed a declining user base and hefty expenses for the first quarter of 2022.


โšช๏ธ NEUTRAL - BITCOIN.COM
President Vladimir Putin has approved amendments to his own decree requiring Russian citizens running for office to declare their property abroad. The updated regulation lists cryptocurrencies among the assets that candidates should report to the state.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐ŸŸข BULLISH - BTCfuel @BTCfuel
For Bitcoin there is quite a lot of demand below 30k. Everyone wants to buy cheap Bitcoin. That's why I think it's unlikely that it stays below 30k levels


โšช๏ธ NEUTRAL - Rekt Capital @rektcapital
If BTC loses this green area as support... That will be the confirmation that $BTC will enter a multi-month downtrend. [IMAGE]


โšช๏ธ NEUTRAL - Michaรซl van de Poppe @CryptoMichNL
Altcoin capitulation is literally what's happening today, with several altcoins down 30-50%. First reaction on CPI data was a bearish one, but now the markets are reversing. I think the day end of with a wick and Bitcoin around $31.5-32.5K.


๐Ÿ”ด BEARISH - Rekt Capital @rektcapital
What matters most is how BTC reacts here. If it isn't able to muster much of a rally, Macro Range Low (~$28K-$30K) may be in trouble. After 7 straight red Weekly Candles, a relief technically needs to happen. Question is how strong/weak a relief it will be
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

12/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐Ÿ”ด BEARISH - CNBC
The price of bitcoin plunged below $26,000 Thursday, hitting its lowest level in 16 months. The collapse of stablecoin terraUSD has led to fears of a broader market contagion.


๐Ÿ”ด BEARISH - COINDESK
Tether (USDT) snapped to 97 cents in Asian hours, losing its parity with U.S. dollars at writing time. Traders sold USDT for U.S. dollars amid poor sentiment for stablecoins in crypto communities.


๐Ÿ”ด BEARISH - BLOCKWORKS
As Terraform Labs and community members scramble to rescue stablecoin TerraUSD, regulatory experts say the collapse might be the end of algorithmic stablecoins as we know it.


๐ŸŸข BULLISH - Will Clemente @WClementeIII
Bitcoin is not dead. Never has been, never will be. Very close to those levels (realized price, 200WMA) where you unload your dry powder for 5 generations to come and walk away.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

โšช๏ธ NEUTRAL - Michaรซl van de Poppe @CryptoMichNL
Bitcoin has cleared all the liquidity beneath the lows and dropped towards the $26K block. There's still a level around $24K left that could be tested, although the move becomes overextended. If it wants anything upwards, a break above $29.6K is required.


โšช๏ธ NEUTRAL - Rekt Capital @rektcapital
Bitcoin Log Growth Curves. BTC brokedown from the Channel once before. That was in March 2020 where $BTC retraced -49%. If BTC retraces -49% from here, it would reach ~$17000. Key takeaway is this: When BTC loses the channel --> BTC generates high ROI upon recovery [IMAGE]


๐ŸŸข BULLISH - Plan C @TheRealPlanC
It is very simple Bitcoin will stop going down once ALL the weak hands have sold. This event has enough momentum that ALL weak hands will sell. Which is pure capitulation and what ultimately needs to happen for the next leg up.


๐ŸŸข BULLISH - Rekt Capital @rektcapital
BTC is now entering a period that has historically preceded outsized Returns On Investment for long-term investors
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

13/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

โšช๏ธ NEUTRAL - Will Clemente @WClementeIII
Seeing a lot of stories about suicides around LUNA/UST. This is terrible man. Please donโ€™t do this. There will be more opportunities in this market, just survive. Have nothing to offer but an open DM for those severely affected.


โšช๏ธ NEUTRAL - COINDESK
The Terra blockchain has resumed activity following a halt of around nine hours while validators plotted a route out of its ongoing crisis.


โšช๏ธ NEUTRAL - COINTELEGRAPH
Global cryptocurrency exchange Binance has suspended trading pairs with Terra ecosystem's cryptocurrencies, LUNA and TerraUSD (UST).


โšช๏ธ NEUTRAL - BLOCKWORKS
โ€œThe exchanges are just doing an outrageous amount of business right now and earning loads of money, and that flows into their tokens.โ€ [about BNB and FTT performances]


โšช๏ธ NEUTRAL - THE BLOCK
Blockchain analysis shows Celsius made substantial deposits to Terraโ€™s Anchor Protocol starting in December. But the same analysis and comments from a person close to the situation suggest the funds were rapidly withdrawn in their entirety earlier this week. [half a billion dollars]




๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐ŸŸข BULLISH - Therealkiyosaki @theRealKiyosaki
BITCOIN CRASHING. Great news. As stated in previous Tweets I am waiting for Bitcoin to crash to 20k. Will then wait for test of bottom which might be $17k. Once I know bottom is in I back up the truck. Crashes are best times to get rich. Take care.


๐ŸŸข BULLISH - Michaรซl van de Poppe @CryptoMichNL
Going to take a serious amount of time before this market is getting back into regular territories. Going to be boring, but that's, just like 2018, the best period to start building and accumulating. The real winners are made in a bear market.


๐Ÿ”ด BEARISH - il Capo Of Crypto @CryptoCapo_
BTC 4H hidden bearish div into resistance (30k-31k pivot zone) Last wave down missing.
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

17/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐ŸŸข BULLISH - COINTELEGRAPH
El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference. โ€œ[The] vast majority have no idea of the potential of bitcoin. But with El Salvador adopting Bitcoin, they now have a reason to dive into it.โ€


๐ŸŸข BULLISH - CNBC
U.S. Rep. Ritchie Torres saw two fundraising events organized by crypto-heavy investors after writing an industry friendly op-ed. Over $30 million has been invested into campaigns by crypto executives since the start of the 2020 election cycle.


โšช๏ธ NEUTRAL - CNBC
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save terraUSD.


โšช๏ธ NEUTRAL - THE BLOCK
Terraform Labs CEO Do Kwon outlined a proposed fork for the Terra blockchain. The Terra community appears to be against the idea, favouring a token burn solution instead.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐ŸŸข BULLISH - Dollarcurrency21 @Dollarcurrency1
BTC 4h time frame - potential H&S pattern - probably we will test $35k-$36k


๐Ÿ”ด BEARISH - Rekt Capital @rektcapital
Historically, BTC tends to bottom at, around, or just below the 200-SMA (blue) BTC would need to drop at least an additional -25% from current prices to bottom at the 200-SMA.


๐ŸŸข BULLISH - BTCfuel @BTCfuel
USDC Dominance is getting rejected and is likely heading lower in the next weeks. This means money flows back into Bitcoin and altcoins which is very bullish


๐ŸŸข BULLISH - Michaรซl van de Poppe @CryptoMichNL
Looks like we keep on grinding, as Bitcoin and Altcoins are moving upwards. As long as $30K holds, continuation likely towards $32.8K. The Dollar also showing weakness, which benefits.
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

20/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž


๐Ÿ”ด BEARISH - THE BLOCK
Do Kwon has amended his proposal to revive the Terra blockchain โ€” in the middle of a vote on whether it should be implemented. Itโ€™s unusual for a proposal to be amended amid an on-chain vote. This is why todayโ€™s changes from Kwon have led some to question its validity.


๐Ÿ”ด BEARISH - NEWS.AU
โ€œI like investing in things that have valuable output,โ€ he said during an Ask Me Anything exchange on Reddit. โ€œThe value of companies is based on how they make great products. The value of crypto is just what some other person decides someone else will pay for it so not adding to society like other investments.โ€ Bill Gates



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐ŸŸข BULLISH - Michaรซl Poppe @CryptoMichNL
I think we'll be running towards $34-36K in the coming weeks for Bitcoin. That's going to be a run of 30-50% on altcoins.


๐Ÿ”ด BEARISH - COINDESK
Put/call ratio for bitcoin options reached yearly highs on Thursday. Activity on bitcoin (BTC) options suggests rising bearish sentiment among investors.


๐Ÿ”ด BEARISH - COINTELEGRAPH
โ€œSo here's hopium for bears. If $BTC crashed so hard due to the macro crisis and all Bitcoiner institutions go underwater, it could go $14k based on historicalโ€, Ki Young Ju - CryptoQuant.


๐Ÿ”ด BEARISH - Rekt Capital @rektcapital
So since BTC has crashed -43% since November '21 prior to the Death Cross... BTC could retrace a bit more to reach an overall retracement of -43% post-Death Cross, should this historical tendency continue to repeat This would result in a ~$22,700


๐ŸŸข BULLISH - PlanB @100trillionUSD
Realized Price / Moving Average (RPMA, purple) shows the bitcoin cycle best. Relative Strength Index (RSI, yellow) is similar, but can be misleading at critical times (e.g. 2nd half 2021). The good news: bear market is almost over. Waiting for RPMA and RSI to start rising again. [IMAGE]
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

24/05/2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐ŸŸข BULLISH - THE BLOCK
After making bitcoin a legally recognized currency in April, the Central African Republic has published online plans for a โ€œcrypto hub.โ€ The plans, dubbed Project Sango, include a โ€œcrypto islandโ€ and a digital wallet.


๐ŸŸข BULLISH - THE BLOCK
Exchange operator Coinbase has become the first crypto company to make the Fortune 500 cut โ€” an annual list of America's largest corporations by revenue.


๐Ÿ”ด BEARISH - BLOCKWORKS
Madison Cawthorn of North Carolina will face allegations he was involved in a crypto pump and dump scheme.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐Ÿ”ด BEARISH - CNBC
โ€œWhen you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom, so I think we have a lot more room to the downside, especially with the Fed being restrictive,โ€Guggenheim Chief Investment Officer, Scott Minerd.


๐ŸŸข BULLISH - PlanB @100trillionUSD
Original 2019 $55K S2F model seems to fit better than later $100K update. Interestingly a refit based on 18m average S2F ratio and 3 yrs new data confirms the original model. The bad news: $100K was probably too high. The good news: model still points to $500K after 2024 halving.


๐Ÿ”ด BEARISH - il Capo Of Crypto @CryptoCapo_
Everything points to another 40-50% drop in altcoins over the next few days. That should be the last leg down and we could see a good recovery after that, for some weeks.


๐Ÿ”ด BEARISH - Rekt Capital @rektcapital
Historically, BTC tends to bottom at or below the 200-MA (orange) The 200-MA thus tends to offer opportunities with outsized ROI for BTC investors (green) Wicks below it are the point of peak opportunity So how much does BTC wick below the 200-MA? [image]
๐Ÿ‘‰ Don't waste time reading a bunch of irrelevant content. We select the top news in the Crypto World for you

June 7, 2022


๐Ÿ—žTHE NEWS๐Ÿ—ž

๐ŸŸข BULLISH - CNBC
US Senators introduced the first major bipartisan legislation aimed at taming the โ€œWild Westโ€ crypto market on Tuesday that would classify digital assets as commodities like wheat or oil and empower the Commodity Futures Trading Commission to rein in the nascent industry.


๐ŸŸข BULLISH - Bitcoin Archive @BTC_Archive
Bitcoin transactions under $200 will be tax-free under new US Senate bill, making it more practical as a currency.


๐Ÿ”ด BEARISH - BLOCK WORKS
Binance Under SEC Investigation Over its 2017 ICO Listing. The investigation comes amid a separate report by Reuters alleging Binance facilitated $2.35 billion in illicit funds between 2017 and 2020.


๐ŸŸข BULLISH - BLOCK WORKS
52% of well-to-do Asian investors held digital assets, โ€” including cryptocurrencies, tokenized assets, and crypto funds. The study found digital assets make up 7% of these investorsโ€™ portfolios, making it the fifth-largest asset class in Asia.



๐Ÿ“ˆ PRICE ANALYZES ๐Ÿ“ˆ

๐Ÿ”ด BEARISH - COINDESK
"The market dynamics this Tuesday morning are a reminder that the market cannot now rally again as it did in 2020," Alex Kuptsikevich, senior market analyst at FxPro, wrote in an email. "In our view, the bitcoin bear market is not over yet."


๐Ÿ”ด BEARISH - il Capo Of Crypto @CryptoCapo_
BTC Clean range. What is happening inside the range and what has happened at the range high, shows that this is clear redistribution range. Clean break of the range low = last leg down confirmed = 21k-23k [IMAGE]


โšช๏ธ NEUTRAL - Planยฉ๏ธ @TheRealPlanC
Bitcoin has cried wolf so many times over the last few months on these fake moves up, it is going to take one hell of a breakout to convince people at this point. A huge percentage of people will not believe the, "real" move when it actually comes.
Let's bring the BTC machine back?
Anonymous Poll
82%
yes
18%
no
June 04th BTCMACHINE UPDATE by @SCALPTECH

#BTCUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 105352
SHARED PRICE: 105097
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 106195

#ETHUSD
DATE: FROM JUN 02ND
PRISTINE ENTRY : 2525
SHARED PRICE: 2626
DIRECTION: LONG
STATUS: OUTDATED, TP HIT
TRAIL STOP: 2591

#SOLUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 156.0
SHARED PRICE: 157.9
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 160.9
June 05th BTCMACHINE UPDATE by @SCALPTECH

#BTCUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 105352
SHARED PRICE: 105097
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 106195 -> 105264
CURRENT PNL ON 10X: 1.3% โœ…

#ETHUSD
DATE: FROM JUN 05TH
PRISTINE ENTRY : 2613
SHARED PRICE: 2600
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 2650
CURRENT PNL ON 10X: 0

#SOLUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 156.0
SHARED PRICE: 157.9
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 160.9 -> 157.0
CURRENT PNL ON 10X: 38.7% โœ…
June 06th BTCMACHINE UPDATE by @SCALPTECH

#BTCUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 105352
SHARED PRICE: 105097
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 106195 -> 105264 -> 105500
CURRENT PNL ON 10X: 6.3% โœ…

#ETHUSD
DATE: FROM JUN 05TH
PRISTINE ENTRY : 2613
SHARED PRICE: 2600
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 2650 -> 2543
CURRENT PNL ON 10X: 48.5โœ…

#SOLUSD
DATE: FROM JUN 04TH
PRISTINE ENTRY : 156.0
SHARED PRICE: 157.9
DIRECTION: SHORT
STATUS: ACTIVE
TRAIL STOP: 160.9 -> 157.0 -> 153.3
CURRENT PNL ON 10X: 60.0% โœ