empty
03.01.2024 01:30 PM
Technical Analysis of BTC/USD for January 3, 2024

The Prospect af a Bitcoin ETF: A Game Changer?

Key Takeaways

  • Spot Bitcoin ETF: Its approval could significantly impact Bitcoin's value, attracting institutional investment.
  • Expert Predictions: Both Mow and Pal foresee a substantial rise in Bitcoin's price, driven by macroeconomic factors and institutional involvement.
  • Technical Analysis: Current indicators support a bullish outlook, but caution is advised due to the overbought market condition.
The Impact of Institutional Capital

The cryptocurrency community is abuzz with the potential approval of a spot Bitcoin ETF. This development could bring substantial institutional capital into Bitcoin. Experts like Samson Mow and Raoul Pal predict a significant price surge, potentially reaching $1 million.

This image is no longer relevant

Analytics Perspective on Bitcoin's Growth

Samson Mow, CEO of JAN3, believes the current bull market breaks the traditional four-year cycle. He anticipates a drastic price increase due to a unique combination of supply, demand, and price shocks. Mow states:

"It looks like all spot Bitcoin ETFs will be approved on the same day.... This will hit the very limited supply of Bitcoin on exchanges and availability for purchase with a torrent of money. So it's basically a supply shock multiplied by a demand shock. And this causes a price shock."

Mow emphasizes the transformative effect of US institutional capital flowing into Bitcoin.

How About Macroeconomic View

Raoul Pal, CEO of Real Vision, sees Bitcoin reaching between $500,000 and $1 million by 2025. He cites two major trends – the business cycle and financial conditions – as significant influencers. Pal notes:

"These cycles can be crazy, and this one is more like the 2017 cycle than the previous one. In that cycle, central banks did not print much [...]. Central bank balance sheets are [currently] growing. We saw an increase of 20%. However, what happened with liquidity was an absolute explosion of cryptocurrencies."
BTC/USD Technical Outlook

Recent Price Movements

The BTC/USD pair had tested the 2023 high and the technical support located at the level of $44,784 and is consolidating the recent gains around the level of $45,500. The level of $44,784 and $44,572 will act as the intraday technical support as well. The intraday technical resistance is located at $45,519. The bulls are in charge of the market as the momenum remains strong and positive, however the market conditions are now extremely overbought, so a pull-back lower to cool off the market participants is welcome.

This image is no longer relevant

Intraday Indicators

  • Most technical indicators and moving averages signal a Buy, reinforcing the bullish trend.
  • The sentiment remains strongly bullish, both in recent days and over the past week.
Weekly Pivot Points and Weekly Time Frame Outlook

Pivot Points Analysis Pivot points indicate key levels for potential trend reversals or continuation. The current positioning of Bitcoin suggests it is in a phase of consolidation with a bullish undertone.

WR3 - $51,335

WR2 - $48,021

WR1 - $46,896

Weekly Pivot - $44,707

WS1 - $43,582

WS2 - $41,393

WS3 - $38,079

Weekly Trading Outlook

Moving Averages: The chart displays two Adaptive Moving Averages (ADMA), with periods of 55 and 100 weeks. The price of Bitcoin is above both, indicating a strong bullish trend over the medium to long term.

Elliott Wave Theory: The chart suggests an Elliott Wave pattern is forming, with the current price movement potentially being in the wave 3, which is typically the longest and strongest wave. If the pattern holds true, this could imply continued bullish momentum in the coming weeks.

Fibonacci Levels: A Fibonacci Projection tool is applied to weekly chart, with Bitcoin's price action respecting the Fibonacci levels well. According to the Fibonacci tool, the next projected target for wave 3 is seen at $50,450.

EWO Oscillator: The Elliott Wave Oscillator (EWO) is also featured, currently showing positive momentum, which aligns with the bullish sentiment indicated by the price being above the moving averages and the progression of the Elliott Wave pattern.

Conclusion: The overall analysis of this Bitcoin chart indicates a bullish trend with potential for continued upward movement. The next long term technical target for the bulls is set at $48,200 as the potential for a sustained long-term uptrend remains, provided the critical level of $19,572 is not decisively violated. The key long-term technical support is located at the level of $32,829 and $31,790.

This image is no longer relevant

Conclusion: Trading Insights for BTC/USD

For Bullish Traders: The current market conditions favor bullish positions. Keep an eye on pivot points and resistance levels for potential breakout opportunities.

For Bearish Traders: A cautious approach is advised. Watch for a potential pullback as an entry point, but be mindful of the strong bullish sentiment.

Useful Links
Important Notice

The begginers in forex trading need to be very careful when making decisions about entering the market. Before the release of important reports, it is best to stay out of the market to avoid being caught in sharp market fluctuations due to increased volatility. If you decide to trade during the news release, then always place stop orders to minimize losses.

Without placing stop orders, you can very quickly lose your entire deposit, especially if you do not use money management and trade large volumes. For successful trading, you need to have a clear trading plan and stay focues and disciplined. Spontaneous trading decision based on the current market situation is an inherently losing strategy for a scalper or daytrader.

#instaforex #analysis #sebastianseliga

Select timeframe
5
min
15
min
30
min
1
hour
4
hours
1
day
1
week
Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST

Recommended Stories

Bitcoin aims to hit $120,000? What lies behind its rally and when to expect retracement

On May 22, Bitcoin confidently broke through the $111,888 level, setting a new all-time high of $111,867. Unlike previous rallies marked by retail investor euphoria, this time the market's behavior

Ekaterina Kiseleva 16:12 2025-05-22 UTC+2

Bitcoin extending confident rally

Bitcoin demand appears to be surging, judging by its recent performance. At the time of publication, the BTC/USD pair was trading near 111,200.00, slightly down from today's and the all-time

Jurij Tolin 16:02 2025-05-22 UTC+2

Bitcoin: $115,000 — Next Stop or Bull Trap?

Bitcoin is steadily approaching its all-time high and, according to several analysts, is poised to set a new record. Current levels near $105,000 are more than just numbers — they

Ekaterina Kiseleva 00:58 2025-05-21 UTC+2

BTC/USD Analysis on May 20, 2025

The wave pattern on the 4-hour chart for BTC/USD has been becoming more complex in recent months. We observed a corrective downward structure, which completed its formation around the 75,000

Chin Zhao 11:11 2025-05-20 UTC+2

Technical Analysis of Daily Price Movement of Ethereum Cryptocurrency, Friday May 16, 2025.

If we look at the 4-hour chart, the Ethereum cryptocurrency appears to be moving above the WMA (21) which is a dynamic support where the WMA has a slope that

Arief Makmur 06:09 2025-05-16 UTC+2

Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday May 16, 2025.

On the 4-hour chart, the Uniswap cryptocurrency appears to have a Descending Broadening Wedge pattern, so even though the Uniswap price movement is moving below the WMA (21) which

Arief Makmur 06:09 2025-05-16 UTC+2

Bitcoin spikes from $96 600 to $104 500 in 24 hours

Bitcoin has surged to $104,500, after trading at $96,600 just yesterday morning. This confident move above the $100,000 mark clearly signals a return of strong bullish momentum in the cryptocurrency

Jakub Novak 14:49 2025-05-09 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 9

Bitcoin has climbed above $100,000, while Ethereum is trying to consolidate above $2,000. After yesterday's sharp rally, which continued during today's Asian session, Bitcoin is now trading at $103,000, having

Miroslaw Bawulski 09:46 2025-05-09 UTC+2

Technical Analysis of Intraday Price Movement Ethereum Cryptocurrency, Friday May 09, 2025.

If we look at the 4-hour chart of the Ethereum cryptocurrency, it appears that the price movement is moving above the WMA (30 Shift 2) which also has a slope

Arief Makmur 06:27 2025-05-09 UTC+2

Technical Analysis of Intraday Price Movement Bitcoin Cryptocurrency, Friday May 09, 2025.

On the 4-hour chart of the Bitcoin cryptocurrency, the Stochastic Oscillator indicator can be seen to be in Overbought conditions and is now preparing to Cross SELL and break below

Arief Makmur 06:27 2025-05-09 UTC+2

Bitcoin: Who's Driving the Price Up — Powell, the U.S. Treasury, or Short Squeezes?

While stock indices remain stagnant, gold consolidates near its highs, and Bitcoin is once again capturing attention. The crypto market's flagship has approached the psychologically important $100,000 level

Ekaterina Kiseleva 00:28 2025-05-09 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 8

Bitcoin reached just below $100,000, while Ethereum hit $1,900. Such a major growth in the cryptocurrency market once again confirms its bullish outlook, which has been discussed quite

Miroslaw Bawulski 09:22 2025-05-08 UTC+2

Bitcoin on the Brink: Breakout or Reversal?

Bitcoin's price is hovering near a psychologically significant threshold, with market participants bracing for another upward surge or a sudden reversal that could erase short-term bullish expectations. More chart

Ekaterina Kiseleva 01:16 2025-05-08 UTC+2

Crypto market opens with buoyant growth

US stock index futures surged sharply at the opening of today's trading session on news that representatives from the US and China have resumed consultations on trade matters. Media reports

Jurij Tolin 14:14 2025-05-07 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 7

Bitcoin and Ethereum Show Further Growth Amid Positive Crypto Legislation News Bitcoin is currently trading at $96,700, having rebounded from a low of $93,400, while Ethereum has recovered

Miroslaw Bawulski 10:32 2025-05-07 UTC+2

Bitcoin Gathers Strength: The Market Prepares for the Next Wave

Bitcoin is trading in the $93,000–$94,000 range, about 0.5% below its recent local high of $97,900, recorded on May 2. Volatility has decreased, and the market seems

Ekaterina Kiseleva 01:23 2025-05-07 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 6

Bitcoin and Ethereum spent the day in a sideways channel, although signs of active selling during yesterday's American session raise certain questions about the trading instruments' further short-term upward prospects

Miroslaw Bawulski 09:11 2025-05-06 UTC+2

Bitcoin Loses Its Foothold and Balances on a Knife's Edge: The $95,000 Trap

Bitcoin is under pressure once again. On Monday, the price of the world's largest cryptocurrency dropped below $95,000, and this is more than just another correction. It's a symptom

Ekaterina Kiseleva 00:50 2025-05-06 UTC+2

Stablecoin bill in jeopardy

Bitcoin and Ethereum have declined, and the broader cryptocurrency market reacted negatively to news that the bipartisan GENIUS Act—Guiding and Enabling National Innovations for Unleashing Stablecoins—was expected to reach

Jakub Novak 15:04 2025-05-05 UTC+2

Trading Recommendations for the Cryptocurrency Market on May 2

Bitcoin and Ethereum buyers have achieved new key resistance levels, indicating strong demand. Bitcoin has reached the $97,400 level, while Ethereum has approached the $1,870 mark. Meanwhile, the buzz around

Miroslaw Bawulski 09:15 2025-05-02 UTC+2

Technical Analysis of Daily Price Movement of Chainlink Cryptocurrency, Friday May 02, 2025.

With the appearance of the Bullish 123 pattern followed by the appearance of the Bullish Ross Hook which managed to break the previous downtrend line and the Stochastic Oscillator indicator

Arief Makmur 08:01 2025-05-02 UTC+2

Bitcoin: Who's Behind the New Accumulation and Where Is the Price Heading?

Amid a steady outflow of coins from exchanges, renewed futures market activity, and a rise in short-term holders, the world's largest cryptocurrency lays the groundwork for a potential move that

Ekaterina Kiseleva 01:03 2025-05-02 UTC+2

Bitcoin: why May could become pivot point for crypto market

While financial mainstream market participants are mulling over recession risks and interest rates, Bitcoin is steadily gaining ground. April has turned out to be the strongest month for the leading

Ekaterina Kiseleva 16:05 2025-04-30 UTC+2

What could help Bitcoin to advance to new level

While Bitcoin—and the entire cryptocurrency market—awaits crucial US economic data that could shape the Federal Reserve's path, Goldman Sachs has shared what it believes could help crypto reach

Jakub Novak 13:25 2025-04-30 UTC+2

Bitcoin and Ether hold their ground

Yesterday's sharp intraday declines in Bitcoin and Ether were quickly bought up, signaling ongoing interest from traders and investors who are simply waiting for more attractive buying levels. Meanwhile, lawmakers

Jakub Novak 12:59 2025-04-30 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 30

Bitcoin and Ethereum buyers continue to take advantage of the good moments of the market decline and buy it out quickly, as demonstrated today during Asian trading. Importantly, Bitcoin

Miroslaw Bawulski 08:57 2025-04-30 UTC+2

BTC/USD Analysis on April 29, 2025

The wave pattern on the 4-hour chart of the BTC/USD has become somewhat more complex. We observed a corrective downward structure that completed its formation around the $75,000 mark. After

Chin Zhao 11:30 2025-04-29 UTC+2

$200,000 for Bitcoin by Year-End

While Bitcoin is still struggling to break through the $95,000 level — despite all the conditions being in place — Standard Chartered believes that in the second quarter, the leading

Jakub Novak 11:09 2025-04-29 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 29

Bitcoin and Ethereum Buyers Are Trying to Control the Market — and So Far, They're Doing Quite Well However, it's important to note that the longer we remain below $95,000

Miroslaw Bawulski 08:51 2025-04-29 UTC+2

Bitcoin at the Start of a New Rally: When to Expect $120,000 and Beyond

After a week full of turbulence, the cryptocurrency market seems to have taken a deep breath. The Fear and Greed Index has been recorded at 51 — a rare neutral

Ekaterina Kiseleva 01:15 2025-04-29 UTC+2

XRP futures to launch on May 19

Over the weekend, Bitcoin experienced a brief dip but soon returned to the $94,000 level. Ether also faced some pressure, but managed to hold its ground. Surprisingly, XRP saw only

Jakub Novak 16:14 2025-04-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 28

Bitcoin is being pressured, but it still holds up quite confidently. After rebounding from the $92,000 mark, the first cryptocurrency returned to the $94,000 area, maintaining good growth prospects

Miroslaw Bawulski 08:19 2025-04-28 UTC+2

Bitcoin – Technical Situation Analysis

Currently, bullish players are attempting to change the situation and achieve bullish optimism for April. Last week, resistance at the final level of the weekly Ichimoku cross (93344) was tested

Evangelos Poulakis 03:51 2025-04-28 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 25

Yesterday's unsuccessful attempt to stay above $94,000 demonstrates that there is still significant buying interest. Ethereum is also holding up quite well, although yesterday's correction during the European session likely

Miroslaw Bawulski 08:56 2025-04-25 UTC+2

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 25, 2025.

With the condition of the Stochastic Oscillator indicator which is already above the Overbought level (80) even though it is currently still moving above the WMA (30 Shift 2) which

Arief Makmur 07:02 2025-04-25 UTC+2

Technical Analysis of Intraday Price Movement of Solana Cryptocurrency, Friday April 25, 2025.

Although currently the Solana cryptocurrency is moving in a strengthening condition which is indicated by its price movement moving above the WMA (30 Shift 2) but with the appearance

Arief Makmur 07:02 2025-04-25 UTC+2

BTC/USD Analysis – April 24th: Bitcoin Shows Signs of Revival

The wave pattern on the 4-hour chart for BTC/USD has become somewhat more complex. We observed a corrective downward structure that completed its formation around the $75,000 mark. Following this

Chin Zhao 10:15 2025-04-24 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 24

Bitcoin failed to hold above the $94,000 level and corrected to the $92,500 area, where it appears more comfortable. Ethereum also pulled back to around $1,769 after briefly climbing above

Miroslaw Bawulski 08:58 2025-04-24 UTC+2

Bitcoin may resume its uptrend

Bitcoin posted a strong rally yesterday. After breaking through the $90,000 level, the leading cryptocurrency surged toward $94,000, where the advance temporarily stalled. Ether also saw impressive gains. After trading

Jakub Novak 12:59 2025-04-23 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 23

Bitcoin has successfully pushed above $90,000, while Ethereum added more than 10% in just one day, rebounding to $1800. The main catalyst was Donald Trump's statement yesterday, clarifying that firing

Miroslaw Bawulski 09:03 2025-04-23 UTC+2

BTC/USD Analysis – April 22nd: The Moment of Truth

The wave structure on the 4-hour chart for BTC/USD is quite clear. After completing an upward trend consisting of five full waves, a downward segment began forming, which currently appears

Chin Zhao 11:49 2025-04-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 22

Bitcoin Returns to the $88,000 Zone, but Ethereum Is Facing Challenges Yesterday's sell-off during the U.S. session, once again triggered by a decline in American stock indices, was offset

Miroslaw Bawulski 08:18 2025-04-22 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 21

Bitcoin and Ethereum, having spent the entire weekend moving sideways within a range, surged sharply during today's Asian session. The rally was triggered by rumors that U.S. Federal Reserve Chair

Miroslaw Bawulski 09:03 2025-04-21 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 18

Bitcoin and Ethereum remain within their sideways channels, and the inability to break out of these ranges could jeopardize the prospects for a broader recovery in the cryptocurrency market. However

Miroslaw Bawulski 09:00 2025-04-18 UTC+2

Interest in Bitcoin and Ethereum Is Returning

While Bitcoin and Ethereum still struggle to regain strength and re-enter a bullish market—constantly alarming investors and traders with sharp declines toward the lower bounds of the sideways channels they've

Jakub Novak 06:52 2025-04-18 UTC+2

Technical Analysis of Intraday Price Movement of Litecoin Cryptocurrency, Thursday April 17, 2025.

After successfully exiting the Ascending Broadening Wedge pattern on the 4-hour chart of the Litecoin cryptocurrency followed by the appearance of Divergence between the Litecoin price movement and the Stochastic

Arief Makmur 06:40 2025-04-17 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 16

Pressure on the cryptocurrency market returned yesterday after traders and investors triggered a sell-off in the U.S. stock market. As I've noted repeatedly, the correlation between these two markets

Miroslaw Bawulski 09:01 2025-04-16 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 15

Bitcoin strengthened its position fairly well, nearly reaching the 86,000 level. Ethereum also showed gains but lost them by the end of the U.S. trading session. With easing tensions over

Miroslaw Bawulski 09:08 2025-04-15 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 14

Over the past weekend, Bitcoin and Ethereum demonstrated decent resilience, maintaining a chance for further recovery. While from a technical standpoint, those chances may appear rather slim, trading within

Miroslaw Bawulski 09:12 2025-04-14 UTC+2

Bitcoin – Technical Analysis Overview

Last trading week, the market indicated a potential opportunity for bulls to regain control. Whether this potential is realized now depends on whether the bulls can exit the previous consolidation

Evangelos Poulakis 06:37 2025-04-14 UTC+2

Trump makes another step towards crypto market

Bitcoin and Ethereum plunged late yesterday but then managed to recover their positions. For now, the bears still have more strength than the buyers, but this may only be temporary

Jakub Novak 16:38 2025-04-11 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 11

Bitcoin and Ethereum dropped in value toward the end of Thursday's U.S. session but recovered during today's Asian trading hours. It has become common practice that the crypto market declined

Miroslaw Bawulski 09:28 2025-04-11 UTC+2

Technical Analysis of Intraday Price Movement of Polkadot Cryptocurrency, Friday April 11, 2025

With the appearance of divergence between the price movement of the Polkadot cryptocurrency and the Stochastic Oscillator indicator on its 4-hour chart, as long as there is no weakening correction

Arief Makmur 08:52 2025-04-11 UTC+2

Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday April 11, 2025.

From what is seen on the 4-hour chart of the Uniswap cryptocurrency, there appears to be a divergence between the Uniswap price movement and the Stochastic Oscillator indicator, so based

Arief Makmur 08:52 2025-04-11 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 10

Bitcoin and Ethereum both surged, gaining between 6% and 10% on news that Trump had suddenly changed his mind. A strong wave of FOMO is evident in BTC following news

Miroslaw Bawulski 08:05 2025-04-10 UTC+2

Bitcoin under selling pressure. Why even spike could hardly save bulls

Bitcoin is taking a nosedive, funds are reporting losses, and analysts see no reasons for growth. What is happening with the leader of the crypto market? What

Ekaterina Kiseleva 12:07 2025-04-09 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 9

Bitcoin and Ethereum collapsed by the end of Tuesday, continuing the heavy sell-off during today's Asian session. Another sharp decline in the U.S. stock market dragged other risk assets down

Miroslaw Bawulski 09:22 2025-04-09 UTC+2

Another Cryptocurrency Market Crash

Another collapse in the stock markets has also hit the cryptocurrency market. Investors, fearing further declines, began to massively offload digital assets, which triggered a sharp drop in the prices

Jakub Novak 09:22 2025-04-09 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 8

Bitcoin and Ethereum are gradually recovering after the sharp sell-off earlier this week. The situation in the U.S. stock market and its sharp decline are closely tied to the fall

Miroslaw Bawulski 09:25 2025-04-08 UTC+2

Bitcoin – Technical Analysis Overview

Currently, the market is testing monthly support levels at 79,773 – 75,446. A consolidation below this area would give bears control over these levels and invalidate the Ichimoku weekly golden

Evangelos Poulakis 07:36 2025-04-08 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 4

Bitcoin and Ethereum were able to withstand significant pressure again, which was exerted on them yesterday in the latter part of the day following a substantial sell-off in the U.S

Miroslaw Bawulski 09:09 2025-04-04 UTC+2

Bitcoin again loses battle

Both Bitcoin and Ethereum asserted their strength for a while yesterday in the midst of the US session before Trump's statements and the introduction of tariffs. However, demand for risk

Jakub Novak 11:36 2025-04-03 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 3

Bitcoin and Ethereum rose even before Trump's decision and the announcement of trade tariffs, but pressure on risk assets increased significantly afterward. It's hard to say that the newly announced

Miroslaw Bawulski 09:02 2025-04-03 UTC+2

BTC/USD Analysis. April 2nd. Bitcoin Is Also Afraid of Trump's Tariffs

The wave pattern on the 4-hour BTC/USD chart is clear. After completing a bullish trend composed of five full waves, a downward corrective phase began, which is still in progress

Chin Zhao 12:17 2025-04-02 UTC+2

Trading Recommendations for the Cryptocurrency Market on April 2

Bitcoin and Ethereum are holding their ground ahead of a major event that could reshape the global trading landscape. Another failed attempt by Bitcoin to settle above the $85,500 level

Miroslaw Bawulski 08:50 2025-04-02 UTC+2

Traders pause ahead of key event

Bitcoin's price has stabilized around the $83,000 mark as investors brace for a major announcement from US President Donald Trump on tariffs, expected to be made tomorrow. Other leading cryptocurrencies

Jakub Novak 10:44 2025-04-01 UTC+2

Trading tips for crypto market on April 1

Bitcoin and Ethereum have fallen in response to a further decline in the US stock market. Currently, BTC and ETH exhibit an obvious correlation with US stock indices. However, trading

Miroslaw Bawulski 09:31 2025-04-01 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 31

Bitcoin and Ethereum resumed their decline over the past weekend. There was no significant growth last week either, suggesting a continued correction in the crypto market. Ethereum was hit particularly

Miroslaw Bawulski 11:02 2025-03-31 UTC+2

Crypto market baffles traders

Recent news from the cryptocurrency market has discouraged investors. Over the past weekend, Bitcoin and Ether experienced sharp drops and failed to return to their upward trajectory, indicating a high

Jakub Novak 10:58 2025-03-31 UTC+2

Bitcoin – Technical Analysis Overview

Uncertainty currently dominates the market. Participants have taken a wait-and-see approach. The support of the monthly short-term trend at 79,773 and the weekly medium-term trend at 84,443 continue to influence

Evangelos Poulakis 09:07 2025-03-31 UTC+2

Ethereum Crashed. Bitcoin Was Less Affected

Despite the successful rollout of the Pectra test upgrade on the new Hoodi testnet—potentially the final step before rolling out the update to the Ethereum main net aimed at improving

Jakub Novak 08:01 2025-03-28 UTC+2

Trading tips for crypto market on March 28

Bitcoin and Ethereum are struggling to stay afloat. Another failed attempt by Bitcoin to cling to $88,000 led to its sell-off during today's Asian trading session. Ethereum had even worse

Miroslaw Bawulski 07:34 2025-03-28 UTC+2

Trading tips on crypto market on March 27 (North American session)

Bitcoin didn't show anything interesting in the first half of the day. Only Ethereum could be traded a bit within its sideways channel, in which it is still trapped. Meanwhile

Miroslaw Bawulski 15:16 2025-03-27 UTC+2

US crypto regulation bill moves ahead rapidly

US lawmakers are moving swiftly on legislation aimed at regulating digital assets. Votes on a stablecoin bill and a revised version of the broader cryptocurrency market structure bill are expected

Jakub Novak 10:52 2025-03-27 UTC+2

BTC/USD Analysis. March 27th. Bitcoin lacks growth potential

The wave structure on the 4-hour chart of BTC/USD is quite clear. After completing a bullish trend composed of five full waves, a corrective downward phase has begun, currently taking

Chin Zhao 08:31 2025-03-27 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 27

Bitcoin and Ethereum are facing challenges in maintaining their upward momentum. However, this appears to be more of a reaction to Donald Trump's latest political statements—which have

Miroslaw Bawulski 08:06 2025-03-27 UTC+2

Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Thursday March 27, 2025.

By successfully breaking below the lower line of the Rising Wedge channel of the Filecoin cryptocurrency on its 4-hour chart and its price movement is now stuck

Arief Makmur 06:55 2025-03-27 UTC+2

Technical Analysis of Intraday Price Movement of Ethereum Cryptocurrency, Thursday March 27, 2025.

If in the next few days there is no significant strengthening, especially if it breaks through and closes above the level of 2549.05 on the daily chart of the Ethereum

Arief Makmur 06:36 2025-03-27 UTC+2

Bitcoin hovering before spike above $90,000

While you're mulling over whether to buy Bitcoin or not, the world's largest asset management leader, BlackRock, is actively increasing its ETH holdings for its tokenized fund, BUIDL. This move

Jakub Novak 09:39 2025-03-26 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 26

Bitcoin and Ethereum continue to show active growth but face challenges in overcoming major resistance levels. Yesterday, Bitcoin pulled back after reaching $88,400 and is currently trading around $87,600. Ethereum

Miroslaw Bawulski 08:22 2025-03-26 UTC+2

Why Bitcoin's fall not over yet

Despite the recent growth of the cryptocurrency market, larger upward prospects and a return of Bitcoin to the $100,000 mark remain unrealistic for now. This is evidenced by data from

Jakub Novak 10:00 2025-03-25 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 25

Bitcoin and Ethereum have reached significant levels but failed to hold them. Bitcoin climbed to $88,600 before pulling back and now trades around $86,600. Ethereum also corrected after another failed

Miroslaw Bawulski 08:26 2025-03-25 UTC+2

Bitcoin and Ethereum show signs of revival

Bitcoin and Ethereum are back in recovery mode after traders took a pause over the weekend. While the latest movement hints at a return of bullish sentiment, it is still

Jakub Novak 12:27 2025-03-24 UTC+2

Wave analysis of BTC/USD on March 24. Bitcoin going on with its correction

The BTC/USD pair has managed to halt its recent decline. The current wave pattern now suggests a potential short-term upside for the world's leading cryptocurrency. Wave structure signals a correction

Chin Zhao 10:01 2025-03-24 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 24

Bitcoin and Ethereum experienced a notable increase today after a relatively sluggish weekend, indicating a growing investor risk appetite even during these uncertain times. Recent data on inflows into spot

Miroslaw Bawulski 08:54 2025-03-24 UTC+2

Pressure Returns to Bitcoin and Ethereum

Following Trump's speech at the crypto summit yesterday, pressure on Bitcoin and Ethereum has returned. Another factor contributing to this was a renewed sell-off in risk assets on the U.S

Jakub Novak 10:22 2025-03-21 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 21

Bitcoin and Ethereum once again struggled to overcome key resistance levels, preventing a short-term upward trend in these assets. Their inability to even hold near weekly highs also points

Miroslaw Bawulski 08:16 2025-03-21 UTC+2

Technical Analysis of Intraday Price Movement of Bitcoin Cryptocurrency, Friday March 21, 2025.

With the appearance of Divergence between Bitcoin price movements with the Stochastic Oscillator indicator and the Bullish 123 pattern followed by the Bullish Ross Hook (RH)), in the near future

Arief Makmur 06:18 2025-03-21 UTC+2

Technical Analysis of Intraday Price Movement of Ripple Cryptocurrency, Friday March 21, 2025.

If we look at the 4-hour chart of the Ripple cryptocurrency, there appears to be a Divergence between the Ripple price movement and the Stochastic Oscillator indicator and the appearance

Arief Makmur 06:18 2025-03-21 UTC+2

Bitcoin aims to hit $90,000

Following yesterday's Federal Reserve meeting, where the central bank ran out of strong arguments to keep interest rates high, Bitcoin and Ethereum have resumed their bullish movement. Despite the Fed's

Jakub Novak 09:32 2025-03-20 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 20

Bitcoin and Ethereum have experienced a rebound following yesterday's Federal Reserve meeting, which indicated that interest rates may need to be lowered. Regardless of how long the Fed intends

Miroslaw Bawulski 08:22 2025-03-20 UTC+2

Bitcoin Targets $85,000

Interest in Bitcoin remains strong, as any normal downward movement is quickly bought up by large players. The fact that U.S. spot Bitcoin ETFs have resumed recording net inflows also

Jakub Novak 10:49 2025-03-19 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 19

Bitcoin and Ethereum faced challenges again after a recent sell-off on the U.S. stock market, but buyers and major players once again showed their strength, purchasing all downward movements

Miroslaw Bawulski 09:01 2025-03-19 UTC+2

BTC/USD Analysis – March 18th: Bitcoin Prepares for Growth, but the Risk of Collapse Remains

The 4-hour wave structure for BTC/USD appears clear and well-defined. After completing a five-wave bullish trend, a bearish phase began, which currently resembles a corrective pattern. Based on this

Chin Zhao 09:47 2025-03-18 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 18

Bitcoin and Ethereum buyers attempted to achieve more significant growth, and for a moment, the bullish market might gain hope for a return. However, they could not hold the achieved

Miroslaw Bawulski 08:00 2025-03-18 UTC+2

Bitcoin and Ethereum struggling to stay afloat

Bitcoin and Ethereum carry on with their efforts to grow, despite encountering difficulties each time. Nevertheless, the chances of a return to a bullish market remain quite high. After

Jakub Novak 09:32 2025-03-17 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 17

Bitcoin and Ethereum continue to consolidate within their respective channels, allowing for the expectation of a continued bullish market. However, several technical factors must be met for this to happen

Miroslaw Bawulski 08:04 2025-03-17 UTC+2

Another Consolidation Before a Drop

Bitcoin and Ethereum continue their attempts to rise, but each time they face obstacles, suggesting that this is more of a consolidation phase within an ongoing bearish correction rather than

Jakub Novak 12:25 2025-03-14 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 14

Bitcoin and Ethereum are currently consolidating within channels, creating conditions that may lead to further declines. While many experts agree that the lows have already been reached and an unstoppable

Miroslaw Bawulski 08:20 2025-03-14 UTC+2

Technical Analysis of Intraday Price Movement of Uniswap Cryptocurrency, Friday March 14, 2025.

From what is seen on the 4-hour chart of the Uniswap cryptocurrency, although currently still under pressure, is indicated by its price movement moving below the EMA (21) which

Arief Makmur 07:03 2025-03-14 UTC+2

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday March 14, 2025.

With the appearance of Convergence between the price movement of the Doge cryptocurrency and the Stochastic Oscillator indicator, it gives an indication that in the near future Doge

Arief Makmur 07:03 2025-03-14 UTC+2

Bitcoin and Ethereum Buyers Struggle to Gain Control

Bitcoin continues its recovery after the major sell-off at the beginning of the week. However, yesterday's failure to break the weekly high casts doubt on the short-term bullish outlook

Jakub Novak 10:22 2025-03-13 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 13

Bitcoin and Ethereum are locked within new channels. On the positive side, the intense selling pressure observed at the beginning of the week has subsided. However, there are concerns about

Miroslaw Bawulski 08:05 2025-03-13 UTC+2

Bitcoin Prepares for a Comeback

As Bitcoin and Ether bounce back strongly from their yearly lows, this indicates that the bull market is not finished yet. In this context, Senator Cynthia Lummis has reintroduced

Jakub Novak 23:59 2025-03-12 UTC+2

Bitcoin Depends on Sentiment in the U.S. Stock Market

The cryptocurrency market has seen a slight recovery after another sell-off earlier this week. However, the situation remains tense, and selling pressure could return at any moment

Jakub Novak 10:24 2025-03-12 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 12

Bitcoin and Ethereum have experienced a slight recovery after another sell-off, reaching new yearly lows. The panic seen in both the U.S. stock market and the cryptocurrency market has paused

Miroslaw Bawulski 08:03 2025-03-12 UTC+2

Trading Recommendations for the Cryptocurrency Market on March 11

Bitcoin and Ethereum have both reached new annual lows, mirroring a decline in the U.S. stock market, which has now fallen for the fourth consecutive week. Yesterday, the crypto market

Miroslaw Bawulski 09:03 2025-03-11 UTC+2

BTC/USD Analysis – March 11th: Has Bitcoin's Decline Ended?

The wave structure on the 4-hour BTC/USD chart is quite clear. Following the completion of a five-wave bullish trend, the market has entered a downward phase, which currently appears

Chin Zhao 08:39 2025-03-11 UTC+2

Bitcoin at Risk: Will the Trend Reverse After Mass Liquidations?

The past few weeks have posed a significant challenge for Bitcoin. In just a few days, its price fell below $85,000, leading to a wave of liquidations and causing investor

Ekaterina Kiseleva 00:16 2025-03-11 UTC+2

BTC/USD Analysis – March 10th

The 4-hour wave structure for BTC/USD is quite clear. After the completion of a five-wave bullish trend, the market has transitioned into a bearish corrective phase. Given this

Chin Zhao 11:51 2025-03-10 UTC+2

Trading tips for crypto market on March 10

Bitcoin and Ethereum have resumed their downtrend, as confirmed by ETF data showing another significant capital outflow. At the time of writing, Bitcoin has bounced off the $80,000 level

Miroslaw Bawulski 10:41 2025-03-10 UTC+2

Bitcoin and Ethereum Are Showing Extremely High Volatility

Demand in the cryptocurrency market remains, but Bitcoin and Ethereum's every attempt at growth is met with sell-offs. Since last Monday, when Bitcoin's price volatility reached its highest level

Jakub Novak 09:11 2025-03-10 UTC+2

Bitcoin – Technical Analysis

Despite last week bringing the market back to its previous consolidation zone, sellers remain active. They are currently retesting the support level of the weekly medium-term trend at 82,161.59, with

Evangelos Poulakis 23:43 2025-03-09 UTC+2

Cryptocurrency Market Trading Recommendations for March 7th

Bitcoin and Ethereum continue their struggle for growth, though not without challenges. At the time of writing, Bitcoin rebounded from the $84,000 level and is trading at $88,000. Ethereum also

Miroslaw Bawulski 12:52 2025-03-07 UTC+2

Technical Analysis of Intraday Price Movement of Doge Cryptocurrency, Friday March 07, 2025.

With the appearance of Divergence between price movements and the RSI(5) indicator on the 4-hour chart, it has given a confirmation that in the near future Doge has the potential

Arief Makmur 07:10 2025-03-07 UTC+2

Technical Analysis of Intraday Price Movement of Bitcoin Cryptocurrency, Friday March 07, 2025.

On the 4-hour chart of the Bitcoin cryptocurrency, a Bearish 123 pattern appears followed by the appearance of Divergence between the Bitcoin price movement and the Stochastic Oscillator indicator

Arief Makmur 07:10 2025-03-07 UTC+2

The First-Ever White House Summit on Digital Assets in U.S. History! What Will Trump Discuss?

According to U.S. Commerce Secretary Howard Lutnick, who took office on February 19, 2025, President Donald Trump is preparing a strategic cryptocurrency reserve proposal, set to be unveiled this Friday

Irina Yanina 17:49 2025-03-06 UTC+2

Trading tips for crypto market on March 6 (North American session)

Bitcoin managed to correct after the Asian session's rally, allowing for a short position at $91,200. While a major decline didn't materialize, the price did manage to update the $90,500

Miroslaw Bawulski 12:50 2025-03-06 UTC+2

Bitcoin and Ethereum regaining consciousness

Yesterday, Bitcoin and Ethereum gained between 3% and 5%, sparking discussions that the sharp correction observed in recent weeks may be nearing its end. News that China has intensified

Jakub Novak 10:43 2025-03-06 UTC+2

Bitcoin and Ethereum Remain Under Pressure

Although the cryptocurrency market has stabilized after Monday's sell-off, it is still too early to dismiss sellers. In Washington and the crypto market, many questions arise about how exactly

Jakub Novak 08:32 2025-03-05 UTC+2
Can't speak right now?
Ask your question in the chat.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.