#bitcoincashout

BITCOIN ANALYSIS Why Bitcoin Price Could Restart Rally Unless It Dives Below $56.5K Bitcoin price is correcting gains from $60,000 against the US Dollar. BTC is likely to start a fresh increase as long as there is no close below $56,500 and $55,250. Bitcoin gained bullish momentum above $58,000, but it failed to settle above $60,000. The price is now trading above the $56,500 support and the 100 simple moving average (4-hours). There is a key bullish trend line forming with support near $56,800 on the 4-hours chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase unless the bears gain strength below $56,500 in the near term. Bitcoin Price is Holding Key Support This past week, bitcoin price saw a steady increase above the $55,500 resistance against the US Dollar. The BTC/USD pair broke the $58,000 resistance and it settled above the 100 simple moving average (4-hours). The pair even climbed above the $59,500 level and spiked above the $60,000 resistance. However, there was no close above the $60,000 level. A high was formed near $60,030 and the price started a fresh decline. It broke the $58,500 and $58,000 support levels. The price declined below the 23.6% Fib retracement level of the upward move from the $50,465 swing low to $60,030 swing high. There was also a break below a connecting bullish trend line with support near $59,000 on the 4-hours chart of the BTC/USD pair. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #bitcoinpump #bitcoinbullish #bitcoincashout #bitcoincashwallet #bitcoinmining #bitcoinprice #bitcoincashmining #bitcoincashplus #bitcoincashpriceprediction #bitcointrading #bitcoincashfund #bitcoincashprice #bitcoins #bitcoinnews #bitcoinnewsdaily https://www.instagram.com/p/CNPZGPvgivW/?igshid=tnv5obszz79x

BITCOIN CASH ANALYSIS BCH/USD The failure of the bulls to push Bitcoin Cash (BCH) above the $560 overhead resistance attracted profit-booking by short-term traders. However, the long tail on the daily candlestick suggests the bulls are continuing to buy the dips. The flat moving averages and the RSI near the midpoint show a balance between supply and demand. This equilibrium may shift in favor of the bulls if they can drive the BCH/USD pair above $560. Such a move will suggest that the bulls have absorbed the supply. That could start the next leg of the up-move to $631.71 and then $745. Conversely, if the pair sustains below the moving averages, it will suggest the bears have overpowered the dip buyers. Such a move could result in a drop to $472.72 and then $432.02. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🥂🥂🥂🥂🥂🥂🥂🥂🥂🥂🥂🥂🥂🥂🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🗣🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍾🍹🍹🍹🍹🍹🍹🍹🍹🍹🍹🍹🍹🍹🍹 #bitcoincash #bitcoincashout #bitcoincashprice #bitcoincashmining #bitcoincashnews #bitcoincashwallet #bitcoincashouy #bitcoincashpriceprediction #bitcoincashplus #bitcoincashpriceprediction #bitcoincashfund https://www.instagram.com/p/CMWHc32Ba1K/?igshid=1tz1n77o32wj7

BITCOIN ANALYSIS BTC/USD Bitcoin turned down from just below the all-time high today as the bears tried to pull the price down. However, the long tail on the daily candlestick shows aggressive buying on dips. The upsloping 20-day exponential moving average ($51,414) and the relative strength index (RSI) above 68 suggest the path of least resistance is to the upside. If the bulls can drive and sustain the price above $58,341.03, the uptrend could resume. The next target objective on the upside is $72,112. Contrary to this assumption, if the BTC/USD pair once again turns down from $58,341.03, it will suggest the bears are aggressively defending the higher levels. If the bears can sink the price below the 20-day EMA, the short-term traders may book profits and that could pull the price down to the 50-day simple moving average ($44,934). A break below this support could result in a drop to the critical support at $41,959.63. This is an important level to watch out for because if it cracks, the advantage will shift in favor of the bears. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #bitcointrading #bitcoinbullish #bitcoinpump #bitcoincashout #bitcoinisking #bitcoincash #bitcoins #bitcoin #bitcoinnews #bitcoinprice #bitcoindaily #bitcoinholders #bitcoinwewin https://www.instagram.com/p/CMV690phuoI/?igshid=1g3k9aiw01j17

Bitcoin Revisits $58K, Why BTC Could Accelerate Towards $60K Bitcoin price extended its rise and it even tested the $58,000 resistance against the US Dollar. BTC is showing positive signs and it is likely to accelerate higher above $60,000. Bitcoin remains in a bullish zone and it even climbed above the $58,000 resistance. The price is now trading well above $56,000 and the 100 hourly simple moving average. There are two bullish trend lines forming with support near $55,650 and $55,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct lower, but the bulls are likely to remain active above $55,000. Bitcoin Price is Gaining Momentum After a close above the $55,000 resistance, bitcoin extended its rise above $56,000. BTC settled nicely above the $55,000 level and the 100 hourly simple moving average. It opened the doors for a push above the $57,000 and $57,500 resistance levels. The price even spiked above the $58,000 resistance and traded to a new monthly high at $58,140. It is now correcting lower and trading below the $58,000 level. There was a break below the 23.6% Fib retracement level of the recent increase from the $54,318 swing low to $58,140 high. On the downside, there are two bullish trend lines forming with support near $55,650 and $55,000 on the hourly chart of the BTC/USD pair. Let's keep pumping the market Stay Bullish, Stay Humble, Stay Put #bitcointrading #bitcoinbullish #bitcoinpump #bitcoincashout #bitcoincash #bitcoins #bitcoinmining #bitcoinnews #bitcoinprice #bitcoindaily #bitcoinholders #bitcoin #btc #bitcoinwewin https://www.instagram.com/p/CMTfQLcBkV-/?igshid=1f8n4zhztmaqt

Bitcoin’s 2021 Returns Destroy Everything on Wall Street, Goldman Sachs Says Goldman Sachs, the storied Wall Street firm, didn’t start including bitcoin in its weekly ranking of global asset-class returns until late January, when the largest cryptocurrency quietly appeared atop the chart. But since then, bitcoin‘s lead over assets from stocks to bonds, oil, banks, gold and tech stocks and the euro has widened. As of March 4, bitcoin’s year-to-date return, at about 70%, was roughly double that for the next-closest competitor, the energy sector, at about 35%, according to Goldman Sachs’s latest “US Weekly Kickstart” report. The comparisons could become even more flattering to bitcoin now that a recent bout of selling in U.S. stocks has taken the Standard & Poor’s 500 Index’s year-to-date return to roughly zero – flat on the year Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #bitcointrading #bitcoinbullish #bitcoinpump #bitcoincashout #bitcoincashout #bitcoincash #bitcoins #bitcoinnews #bitcoinprice #bitcoindaily #bitcoinholders #bitcoinmining https://www.instagram.com/p/CMLf6dGBDVV/?igshid=ewnpy6za4dr

BITCOIN WEEKLY FORECAST A bullish technical pattern signals that Bitcoin may be gearing up to retest its all-time high and this positive development. Bitcoin’s (BTC) fundamentals received a boost as the U.S. Senate passed the $1.9 trillion stimulus bill on March 7. If traders react to this bill in the same way as they had done to the first stimulus package in April 2020, then the crypto markets may witness a strong rally. The stimulus package also intensifies the focus on the devaluation of the U.S. dollar. These concerns could lead some investors to park their money in hard assets or Bitcoin instead of keeping them in fiat currencies, according to veteran trader Peter Brandt. LETS KEEP PUMPING THE MARKET GUYS STAY BULLISH, STAY HUMBLE, STAY PUT #bitcointrading #bitcoinbullish #bitcoinpump #bitcoincashout #bitcoin #bitcoins #bitcoinnews #bitcoinprice #bitcoindaily #bitcoinholders #bitcoinwewin #bit https://www.instagram.com/p/CMJDQJohIJW/?igshid=11gsp31wfusa9

Bitcoin Cash (BCH) BCH has been decreasing since reaching a high of $773 on Feb. 15. The fall has taken it to a low of $433 on Feb. 23.  BCH made a low right at the support line of a parallel channel, which possibly means this is a running flat correction. Nevertheless, technical indicators are bearish, and until BCH manages to clear the $600 resistance area, the trend remains bearish #bitcoincash #btc #bitcoincashout #bch #altcoindaily #altcoin #altcoininvesting #altcoinnews #altcointrader #altcoinseason https://www.instagram.com/p/CLxEy_Aha_q/?igshid=1hoqdit1zzsmz

cards Starting today, Coinbase customers in the EU and Australia are able to instantly spend their cryptocurrency balances on e-gift cards, making us the first trading platform to offer direct withdrawals into e-gift cards. By partnering with WeGift, our customers can now spend their crypto with all their favourite retailers, like Nike, Tesco, Uber, Google Play, Ticketmaster, Zalando, and many more. Customers purchasing an e-gift card will enjoy zero Coinbase withdrawal fees and bonuses on select e-gifts. From converting bitcoin into Uber credits or ether into a Nike shopping spree, customers will have greater flexibility and control over how they use their crypto. This new service is currently available in the UK, Spain, France, Italy, Netherlands and Australia, and we’ll be expanding the number of retailers and markets over the next three months, as well as looking to expand into other countries soon after. #coinbase #coinbasegiftcards #coinbasewithdraw #coinbasewallet #coinbasenews #cryptogiftcards #egift #egiftcard #bitcoinwithdrawal #bitcoincashout