Bitcoin to skyrocket in 2024

[JuanGoodman]

I'm just learning about bitcoin. Not interested in investing in a bitcoin ETF at the moment, but just interested in learning about it!!

Bitcoin

Bitcoin USD price, real-time (live) charts, news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more.

www.coindesk.com

if you like to learn about investing or trading not just Bitcoin but anything else from stocks, futures, currencies and commodities

then I would suggest starting with learning about technical analysis of price and volume using charts

there are so many resources to learn available to us with access to the internet that there never was a better time to learn like right now

YouTube and trend are your friends

Technical Analysis: What It Is and How to Use It in Investing

Technical analysis analyzes price and volume data gathered from trading activity to identify potential investments as well as trade entry and exit points.

www.investopedia.com

ask if you have any questions

 

[mitchell76]

if you like to learn about investing or trading not just Bitcoin but anything else from stocks, futures, currencies and commodities

then I would suggest starting with learning about technical analysis of price and volume using charts

there are so many resources to learn available to us with access to the internet that there never was a better time to learn like right now

YouTube and trend are your friends

Technical Analysis: What It Is and How to Use It in Investing

Technical analysis analyzes price and volume data gathered from trading activity to identify potential investments as well as trade entry and exit points.

www.investopedia.com

ask if you have any questions

Thank you very much!! I'll post in this thread if I have any questions!! Much appreciated!!

 

[JuanGoodman]

Thank you very much!! I'll post in this thread if I have any questions!! Much appreciated!!

you are very welcome

here is a great way to start, one of the best content makers on YouTube, in my opinion

 

[sprite09]

in a bull run, you're better off just dollar-cost averaging in then dollar-cost averaging out

 

[stinkynuts]

Bitcoin crashing again, looks like nothing is going to happen until interest rates drop

 

[sprite09]

Bitcoin crashing again, looks like nothing is going to happen until interest rates drop

lol crash ??? nothing will happen until something fundamental happens ...eg money flow from the Hong Kong BTC and eth ETFs, a big institutional investor like a sovereign wealth fund buying , gbtc stops selling etc

 

[stinkynuts]

Bitcoin finally showing some upward movement before the Hong Kong market opens and etf trades. If this momentum can last, it could carry us to the next leg up this summer. If CPI cools and the fed cuts in July, Bitcoin will definitely skyrocket.

 

[keeper1]

Here's a bitcoin ETF from Purpose investments.

Purpose Bitcoin ETF | Cryptocurrency & Bitcoin | BTCC

The world's first Bitcoin ETF. Own a piece of history with the first physically settled Bitcoin ETF available to investors. Find out how

www.purposeinvest.com

I remember all the hurdles that went into setting that specific ETF up. It was fun times

 

[sprite09]

Bitcoin finally showing some upward movement before the Hong Kong market opens and etf trades. If this momentum can last, it could carry us to the next leg up this summer. If CPI cools and the fed cuts in July, Bitcoin will definitely skyrocket.

don't worry , bro , you'll be fine lol ..those waiting for a dump aren't gonna get it and will be chasing those green candles again

 

[stinkynuts]

Bitcoin breached support, now 59k.

 

[LiveInTorontoPartyInMontreal]

There WAS a major support zone at $ 59,895 and BTC crashed right through it . . . . There are some minor support zones on the way down, but the most important is the late Feb 2024 area : 50 -52k zone .. .

 

[stinkynuts]

There WAS a major support zone at $ 59,895 and BTC crashed right through it . . . . There are some minor support zones on the way down, but the most important is the late Feb 2024 area : 50 -52k zone .. .

Some are saying Bitcoin could drop to 40k

 

[LiveInTorontoPartyInMontreal]

Some are saying Bitcoin could drop to 40k

$ 59,800, 52,000 and yes 40k is the next major support area. I'm long term bullish and sometimes I watch a few non-bias YouTuber T/A's and chart guys and they were calling for the same thing. I didn't want to believe and I couldn't see it in their charts because I have my rosy bullish glasses on.

 

[mitchell76]

Buyer beware on bitcoin scam!!

Retirement ruined: 63-year-old man loses it all after one web click

A man came across what he thought was a legitimate news story featuring Pierre Poilievre promoting a crypto currency investment firm.

toronto.citynews.ca

 

[stinkynuts]

It’s a good thing Powell came out not overly hawkish today, otherwise bitcoin would have easily plummeted even more

 

[LiveInTorontoPartyInMontreal]

Just my interpretation of the Fed meeting today: Retail market players liked the Fed minutes and covered their shorts and rallied the market. Bear ALGO's induced the rally and you can notice by the narrow green wicks FOMO'ing to high prices and within minutes or hours it comes back down lower than where the rally started. ETH actually went green for a few minutes and BTC fell just short. Look at where the market sits post Fed meeting. TA's and chart guys calling for a couple or more massive dumps to 40k and then the "smart money" comes in. $ 59,400 to $ 56,600 ( now ), do you think the market is being manipulated ? LOL !

 

[mitchell76]

Bitcoin down to 57410 (-3.35%), on the day. I've never understood technical analysis and charting. I admire investors who do!!

Bitcoin

Bitcoin USD price, real-time (live) charts, news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more.

www.coindesk.com

 

[LiveInTorontoPartyInMontreal]

Bitcoin down to 57410 (-3.35%), on the day. I've never understood technical analysis and charting. I admire investors who do!!

Bitcoin

Bitcoin USD price, real-time (live) charts, news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more.

www.coindesk.com

I'm medium/long term holding, but I like to try and follow T/A and charting just to follow what is happening and why? If I were to day trade and outsmart the ALGO AI's, I would get whipsawed almost every time and be on the wrong side of the market. UGH !

 

[stinkynuts]

Bitcoin Could Rebound As ‘Paper Hands’ Investors Flee, Analysts Say - Decrypt

Paper hand investors often leave during the local bottom. One analysis suggests we’re now there.

decrypt.co

 

[LiveInTorontoPartyInMontreal]

Bitcoin Could Rebound As ‘Paper Hands’ Investors Flee, Analysts Say - Decrypt

Paper hand investors often leave during the local bottom. One analysis suggests we’re now there.

decrypt.co

I've got Diamond hands, so far !