Bitcoin Trading Wizard

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🍫MARKET MOVEMENT🍫

Counting until last week, BTC had closed on the negative for the 7th week in a row and ETH on the 6th, which is a historical record for both. Considering that we’re starting to see a cool-down in selling pressure and bearish momentum, we could see our next important mid term move coming from this?

What do we expect exactly?

Considering that we’ve just seen an increase in lower time fame bullish momentum for both BTC and ETH, and that bearish pressure is currently nearly 0, we can expect to see a strong bullish week, which should be enough to confirm a mid term bullish reversal.
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Trade ID:
Pair: $SAND/USDT (Binance, FTX)
Direction: 🍳LONG
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🍩Target 1- $1.38
🍩Target 2- $1.44 (32.7% Profit - 3x lev.)

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Your daily meal 😋

ByBit USDT, Binance Futures
/USDT
Take-Profit target 1 ✅🚀
Profit: 27 📈
Period: 2 Hours 10 Minutes ⏰

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🍫MARKET MOVEMENT🍫

The current Stablecoins balance on exchanges has just hit a new All Time High at $35 Billion, which is higher than our previous February 2022 highs of $32 Billion. This amount of liquidity on hit exchanges will likely be one of the most important factors in our next moves, and we’re ready for it.

What can we expect from this in the next few month?

Once we see a slight increase in buying pressure and bullish momentum , we’ll start seeing more buying wave entering the market as people convert their Stablecoins to BTC, ETH and alts. This chain reaction will likely last a couple of months.
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We told you first 📈💯

🍻

🍫MARKET MOVEMENT🍫

Bitcoin’s correlation with gold has steeply declined over the last couple of months, turning towards the negative and showing no signs of a reversal yet. This is due to the fact that gold has seen a recent uptrend in price action while BTC has remained bearish, and it could hold the key to our next big move.

How can this affect the market in the mid term?

Considering that BTC is still holding a very high correlation with equities and growth stocks, we’re likely seeing an important mid term bounce in the next couple of weeks, along a relief rally in the US Market’s economy, which should be enough to reach $36,000 at least.
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We told you first,
the bitcoin wizard 🧙‍♂️