Market Overview The BTC weekly candle has bounced back and closed above $68,000. => There is still a feasible basis to test $70,000 - $73,000 in the short term (1-2 weeks). However, as BTC.D (Bitcoin Dominance) trends towards the 58-60% range, and ETH/BTC is at 0.047xx => The current situation is unfavorable for altcoins. The liquidity of altcoins depends on MMs (Market Makers). If MM has not yet deposited stablecoins on exchanges, only BTC and ETH can likely continue to rise, while altcoins...
8 months ago • 1 min read
Bitcoin BTC View in the beginning Daily Frame: BTC expected to move within the range of 62,000 to 69,000. 30-Minute Frame Plans: Plan 1: BTC will move to the 69,000 area, then react to the 66,000-67,000 range. Plan 2: BTC will react within the current range and test the 63,000-65,000 range. Momentum on May 20: Weak, suggesting a possible stophunt period before a decrease. Result on May 26: Bitcoin at $68,500 at the time of writing this article Join us on Telegram for more real-time &...
10 months ago • 1 min read
Altcoin Overview Total2 chart (4h timeframe) on May 8 On May 8, altcoins were monitored as they approached a support area, experiencing a strong recovery but hitting resistance. The fluctuation range is set between 1.05T - 1.06T (resistance) and 940B - 960B (support), with notable altcoins including $WLD, $TON, $AR, and $ENA. BTC dominance (BTC.D) remains influential, causing altcoins to move sideways with BTC. Total2 chart (4h timeframe) on May 10 By May 10, altcoins continued to follow the...
11 months ago • 1 min read
Bitcoin Update Bitcoin Plan from Wyckoff's perspective While we typically do not apply the Wyckoff method to cryptocurrencies due to their tendency to deviate from traditional market models, we have observed that a significant portion of wave structures align closely with Wyckoff principles, demonstrating an accuracy rate of over 70%. This observation can be tested by examining altcoin waves during the 2021 and 2023 seasons. Let's delve into the present BTC situation from this perspective. We...
11 months ago • 2 min read
GM Coinwirers, As we are aware, the Bitcoin Halving was successfully completed at block 840,000 on April 20. Many anticipated a "sell the news" event post-halving, but contrary to expectations, the market has rebounded and resumed its bullish trendline. Join us as we delve into the current market situation in this newsletter series, exploring past predictions, the present market conditions, and our plans moving forward. Market Overview Bitcoin plan on April 20 Our recent analysis indicated an...
11 months ago • 2 min read
GM Coinwirers, We're thrilled to announce our First Airdrop campaign with Gate.io - Exclusive for our Coinwire Trading Community only 🔥 🎁 Prizes: $2,000 for the first 100 new users who register via our link and deposit 100 USDT - click the button below to join👇 JOIN NOW New users will receive 20 USDT - Real Money & Withdrawable 🤑 👉 Deposit a minimum of $100 from external sources: P2P markets & other exchanges Valid net deposit = Total deposits during the event - Total withdrawals before...
12 months ago • 1 min read
coinwire TRADING NEWSLETTER GM Coinwirers, What do you think about the market lately? It seems pretty quiet, right? The Bitcoin Halving is happening in just two days on April 19, and we're seeing a lot of market ups and downs not just because of Bitcoin's changes, but also due to other global economic news like the Israel-Iran conflict and statements from Federal Reserve Chairman Jerome Powell about possible delays in interest rate cuts. Let's keep up with what's happening in the market and...
12 months ago • 3 min read
Dear Coinwire Newsletter Subscribers, We're excited to announce that, starting today, our newsletter is evolving into a Trading-Focused Newsletter. Here's a breakdown of the key content you can expect in our new series: Market Analytics: In-depth analysis of Bitcoin and market movements. Altcoin Overview: Insights into noteworthy altcoins worth exploring. Trading Signal Calls: New signal calls from our Private Trading Community. Ongoing Trading Signal Results: Updates on the performance of...
12 months ago • 1 min read
together with What is OP Stack? The OP Stack (OPtimism Stack) is a modular, open-source blueprint for building highly scalable, highly interoperable blockchains. Developed by the Optimism Collective, the OP Stack is designed to make it easier than ever for developers to build their own blockchains, freeing them up to focus on what matters most: Innovation. OP Stack-based blockchains (L2s and L3s) are called op-chains. Many op-chains will form a Superchain ecosystem. With a shared...
over 1 year ago • 2 min read
