BLOOMBERG REPORT: BITCOIN AT $100,000 IS PATH OF LEAST RESISTANCE
Bloomberg has published the September edition of its Crypto Outlook report, sharing how the company's analysts are navigating the market and measuring adoption rates as well as demand and supply dynamics. According to the report, Bitcoin is set to reach the $100,000 mark soon, a "path of least resistance," as well as establish itself as the global reserve asset.
Bloomberg has published the September edition of its Crypto Outlook report, sharing how the company's analysts are navigating the market and measuring adoption rates as well as demand and supply dynamics. According to the report, Bitcoin is set to reach the $100,000 mark soon, a "path of least resistance," as well as establish itself as the global reserve asset.
Pro Analysis
BTC perfectly broke out and retested from the exact trendline which we drew in our previous chart. Like we said, BTC strongly hold on to the Symmetrical triangle pattern and looks like it is possibly gearing up for $52k+ levels. So far, we are in a good hands…
Bitcoin quick update:-
Bitcoin just kissed the $51,000 resistance and rejected from there. Now BTC ranging in $49,500-$50,500 zone. For bullish scenario BTC must close and hold above $51k in daily.
This is the decision area and BTC need to break and hold above $51,000 to go towards the $55,000 area.The next support for BTC is $48,500 as long as it's above $48,500 we are in uptrend.
Stay tuned for more updates.
Bitcoin just kissed the $51,000 resistance and rejected from there. Now BTC ranging in $49,500-$50,500 zone. For bullish scenario BTC must close and hold above $51k in daily.
This is the decision area and BTC need to break and hold above $51,000 to go towards the $55,000 area.The next support for BTC is $48,500 as long as it's above $48,500 we are in uptrend.
Stay tuned for more updates.
We will be sharing a gem call in the next few minutes.
This is a BSC token which you can buy and hold for few weeks for insane gains by swapping on its own decentralised exchange!
All Native coins of decentralised exchanges have shown unrealistic gains.
Most of us missed those coins like CAKE which is almost 230x since it's listing.
UNI, SUSHI, 1INCH etc.
Stay tuned
This is a BSC token which you can buy and hold for few weeks for insane gains by swapping on its own decentralised exchange!
All Native coins of decentralised exchanges have shown unrealistic gains.
Most of us missed those coins like CAKE which is almost 230x since it's listing.
UNI, SUSHI, 1INCH etc.
Stay tuned
Pasta Finance is a decentralized exchange running on Binance Smart Chain and Pancake swap exchange. Pasta Finance offers to its users the benefit of liquidity mining, staking, and generating rewards with cryptocurrency holdings.
👉Total Pasta supply- 5,953,678
👉Market cap- $3,045,977
👉Yield farming
👉ATH- $12.5
👉Current price- $0.55
Why to Buy Pasta?
25x down from it's ATH!
Only 5.9 million tokens.
Yield farming great Rewards.
High liquidity (So everyone is safe to buy)
Expected Targets: $10 to $20 in the next few weeks.
Once everyone knows about this, you'll see it trending on both twitter and telegram.
People will be buying way higher than the CMP which is $0.55!
Get in if you find it good before it hits $1.5 to $2!
Also recently they announced on their twitter handle that Pasta's team is continue to work on new features. So guys it’s a very good opportunity.
We can expect at least 20x to 25x from this project.
(Disclaimer: We Are not doing any paid promotions, do your own research before investing)
Official website- https://pastafinance.com/
👉Total Pasta supply- 5,953,678
👉Market cap- $3,045,977
👉Yield farming
👉ATH- $12.5
👉Current price- $0.55
Why to Buy Pasta?
25x down from it's ATH!
Only 5.9 million tokens.
Yield farming great Rewards.
High liquidity (So everyone is safe to buy)
Expected Targets: $10 to $20 in the next few weeks.
Once everyone knows about this, you'll see it trending on both twitter and telegram.
People will be buying way higher than the CMP which is $0.55!
Get in if you find it good before it hits $1.5 to $2!
Also recently they announced on their twitter handle that Pasta's team is continue to work on new features. So guys it’s a very good opportunity.
We can expect at least 20x to 25x from this project.
(Disclaimer: We Are not doing any paid promotions, do your own research before investing)
Official website- https://pastafinance.com/
Pasta Finance
Pasta Finance - Developed Strong With The Concept
Even though Bitcoin was launched to be used as a payment method for daily transactions, that mission is still to become true.
I see, many followers messaged us on how to buy Pasta since we don't post these kind of projects and people are habituated with exchanges like Binance and Huobi.
If you are facing difficulties buying.
This article posted on medium will help you to buy pasta!
https://medium.com/@dbarker9571/pastafinance-8b355cbc8c5b
If you are facing difficulties buying.
This article posted on medium will help you to buy pasta!
https://medium.com/@dbarker9571/pastafinance-8b355cbc8c5b
Medium
#PASTAFINANCE
Decentralized finance (Defi) has revolutionized the crypto industry. Before Defi, investors heavily relied on centralized exchanges and…
Exactly 5 days ago from now we posted a chart on BTC saying that it is forming a symmetrical triangle pattern and may possibly reach $52k level.
Well, here we are, guys, BTC reaching $52956.
Now what's next? Will there be a drop from this level?
Well, take a look on this chart. BTC formed a rising wedge pattern and to our surprise, it broke out above the trendline. Could this mean that BTC will go higher than this?
Yes, it can. We can also see that BTC is highly respecting the 21 hourly moving average and it is closely going along with it.
So, we may see BTC going down to touch the 21 MA at $51600 level and then bounce back.
Overall, the daily close above the $51k is a good sign for BTC and the market.
We will certainly update you all about the market so stay tuned and pin our channel to the top.
Well, here we are, guys, BTC reaching $52956.
Now what's next? Will there be a drop from this level?
Well, take a look on this chart. BTC formed a rising wedge pattern and to our surprise, it broke out above the trendline. Could this mean that BTC will go higher than this?
Yes, it can. We can also see that BTC is highly respecting the 21 hourly moving average and it is closely going along with it.
So, we may see BTC going down to touch the 21 MA at $51600 level and then bounce back.
Overall, the daily close above the $51k is a good sign for BTC and the market.
We will certainly update you all about the market so stay tuned and pin our channel to the top.
This was something unexpected.
A 19% price drop from $52956 to $42900 is no joke. A complete market manipulation. The drop in BTC price has certainly taken a bearish turn forming two important supports. Support 1 is at $46700 from where the BTC price is bouncing back, currently. Support 2 is at $43900, a strong support where BTC left a long shadow.
The most worried part is BTC has gone down below the 200 MA. Last time when BTC broke down below the 200 MA in 4 hours TF was on 12th May 2021 (112 days ago). That wan the time when BTC fell almost 50%.
If BTC do not show any sign of bounce back from Support 1 then it'll likely test Support 2 and then further below.
In the daily time frame, BTC is still above the 200 MA ($46200). In order to stay bullish, BTC must close above the 200 MA and show some bounce.
We will update more on the price action so stay tuned and trade safe.
A 19% price drop from $52956 to $42900 is no joke. A complete market manipulation. The drop in BTC price has certainly taken a bearish turn forming two important supports. Support 1 is at $46700 from where the BTC price is bouncing back, currently. Support 2 is at $43900, a strong support where BTC left a long shadow.
The most worried part is BTC has gone down below the 200 MA. Last time when BTC broke down below the 200 MA in 4 hours TF was on 12th May 2021 (112 days ago). That wan the time when BTC fell almost 50%.
If BTC do not show any sign of bounce back from Support 1 then it'll likely test Support 2 and then further below.
In the daily time frame, BTC is still above the 200 MA ($46200). In order to stay bullish, BTC must close above the 200 MA and show some bounce.
We will update more on the price action so stay tuned and trade safe.
Pro Analysis
This was something unexpected. A 19% price drop from $52956 to $42900 is no joke. A complete market manipulation. The drop in BTC price has certainly taken a bearish turn forming two important supports. Support 1 is at $46700 from where the BTC price is bouncing…
BTC broke below the Support 1 but it quickly bounced back from the dotted line drawn in the chart. Currently, BTC is testing the resistance (which was support 1, previously). The blue box in the chart (Between $44k to $46k) is a crucial area for BTC. If BTC breaks above the resistance then we may possibly see BTC at $48k to $50k but if it breaks down below Support 2 then we could go all the way down to $40k to $37k.
Let's hope for the best. We will keep things updated so stay tuned.
Let's hope for the best. We will keep things updated so stay tuned.
Pro Analysis
BTC broke below the Support 1 but it quickly bounced back from the dotted line drawn in the chart. Currently, BTC is testing the resistance (which was support 1, previously). The blue box in the chart (Between $44k to $46k) is a crucial area for BTC. If BTC…
Let's take a quick look on BTC price action.
BTC looks scary at the moment. Although, BTC broke out above the blue box reaching up to $47400 still it isn't convincing. it looks like BTC is giving a goodbye kiss to the 200 MA forming a bearish crossover before the dump.
If BTC fails to close above the blue box ($46686) in daily timeframe, then we may see BTC dropping down to $44k (Support 2). $41k (Support 3), then $37k (Support 4).
The market isn't good to trade especially leverage trading.
BTC looks scary at the moment. Although, BTC broke out above the blue box reaching up to $47400 still it isn't convincing. it looks like BTC is giving a goodbye kiss to the 200 MA forming a bearish crossover before the dump.
If BTC fails to close above the blue box ($46686) in daily timeframe, then we may see BTC dropping down to $44k (Support 2). $41k (Support 3), then $37k (Support 4).
The market isn't good to trade especially leverage trading.
Pro Analysis
Let's take a quick look on BTC price action. BTC looks scary at the moment. Although, BTC broke out above the blue box reaching up to $47400 still it isn't convincing. it looks like BTC is giving a goodbye kiss to the 200 MA forming a bearish crossover before…
It's happening. The real test is in between the blue box. If BTC fails to hold these levels then we will see a roller costar ride.
For now stay away from leverage trading.
For now stay away from leverage trading.
A quick update on BTC.
BTC is still under the box and it is trying hard to break the 21 MA but it keeps on rejecting.
Like we said in our previous update, BTC must close above the blue box and if it closes below the box then things might go horrible for BTC.
So far, BTC looks fine until and unless it breaks the levels. So, let's keep an eye on it. We have the weekly close coming in stay tuned.
BTC is still under the box and it is trying hard to break the 21 MA but it keeps on rejecting.
Like we said in our previous update, BTC must close above the blue box and if it closes below the box then things might go horrible for BTC.
So far, BTC looks fine until and unless it breaks the levels. So, let's keep an eye on it. We have the weekly close coming in stay tuned.
Pro Analysis
A quick update on BTC. BTC is still under the box and it is trying hard to break the 21 MA but it keeps on rejecting. Like we said in our previous update, BTC must close above the blue box and if it closes below the box then things might go horrible for BTC.…
Finally, BTC broke the 21 MA in 2 hours time frame. We may possibly see BTC testing the $47k resistance in the coming hours. Let's see if BTC can break the resistance.
Stay tuned.
Stay tuned.