Satoshi

Bitcoin

when

Read

Coin

<p>In an analysis by top trader CryptoAmsterdam, the crypto market appears poised for dynamic shifts. CryptoAmsterdam, known for his acute market predictions, has shared valuable insights into the behavior of Bitcoin and Altcoins. His analysis, focusing on medium to long-term trends, highlights strategic entry points for both types of crypto assets.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">| Market update | <br><br>&gt; Bitcoin<br>&gt; Altcoins<br><br>1. Bitcoin<br><br>The medium-term outlook is pretty simple since we formed a range at the higher time frame range high. <br><br>Trigger 1: <br>Reclaim the range low we lost, and the probability of a move into the range high + bull market continuation… <a href="https://t.co/PdtFs9zJKj" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/PdtFs9zJKj</a></p>— CryptoAmsterdam (@damskotrades) <a href="https://twitter.com/damskotrades/status/1810991841191313452?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<h2 class="wp-block-heading" id="strong-bitcoin-s-market-behavior-and-strategic-triggers-strong"><strong>Bitcoin’s Market Behavior and Strategic Triggers</strong></h2>
<p>CryptoAmsterdam describes Bitcoin’s current situation as a range formation at the higher time frame range high. This setup creates two potential scenarios for traders to consider.</p>
<h3 class="wp-block-heading" id="strong-trigger-1-range-low-reclamation-strong"><strong>Trigger 1: Range Low Reclamation</strong></h3>
<p>The first trigger involves reclaiming the recently lost range low. If Bitcoin manages to achieve this, the probability of a move towards the range high increases. Furthermore, this could potentially signal a continuation of the bull market above the current levels.</p>
<h3 class="wp-block-heading" id="strong-trigger-2-no-trade-zone-and-downside-risk-strong"><strong>Trigger 2: No-Trade Zone and Downside Risk</strong></h3>
<p>Currently, Bitcoin finds itself in a no-trade zone between the deviation low and the range low. A drop below this zone could indicate an increased likelihood of another leg down.&nbsp;</p>
<p>CryptoAmsterdam identifies the low 50s as an area of interest, coinciding with the higher time frame mid-range.</p>
<h2 class="wp-block-heading" id="strong-altcoin-s-cycle-and-entry-strategy-strong"><strong>Altcoin’s Cycle and Entry Strategy</strong></h2>
<p>CryptoAmsterdam points out that the total altcoin market cap is currently in stage 4, the disbelief phase. This phase typically occurs when Bitcoin has already reached the range high in stage 5 of its cycle.</p>
<figure class="wp-block-image is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdmwnyjKPitd1tipIr7U-B_5GjeJQ8VYkFWvFehkKAjHjPF4Fq7KgPLLIUn3JtJW7wnpSgqIqZvIjRtWgAtdhsYyP5LSrirT9v4MVrbH-OLhtmXOJHtrtF1QzHvw89ij5S-LrTrRtf3X4TkPxVP9sntie6t?key=0XPvxtBmpudoVokWQ93wLw" alt="" style="width: 100%;height:auto">
</figure>
<p>The analyst suggests a straightforward setup for altcoins based on the higher time frame range. This strategy involves buying in the lowest quarter of the range, as close as possible to the range low. Traders can then scale out their positions in the highest quarter and above.</p>
<p>For those seeking short-term entries or looking to add to existing positions, the analyst offers two potential approaches. The first involves buying at the range low demand box.&nbsp;</p>
<p>Alternatively, traders can wait for the flip of the 0.25 (first range quarter resistance) into support as a trigger for altcoin continuation.</p>
<p>CryptoAmsterdam emphasizes the importance of timing in altcoin investments. The analyst suggests that those who missed buying during recent panic-induced price drops may face challenges in maximizing returns during this cycle.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/sats-1000sats-crypto-price-is-pumping-heres-why/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>SATS (1000SATS) Crypto Price is Pumping; Here’s Why</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-practical-applications-and-market-movements-strong"><strong>Practical Applications and Market Movements</strong></h2>
<p>CryptoAmsterdam’s approach emphasizes patience and strategic entries rather than reactive trading. This method aims to maximize potential gains by entering at optimal points and scaling out when targets are achieved.&nbsp;</p>
<p>His analysis, while detailed, caters to traders who are versed in coping with the volatility of the crypto markets. He provides them with a structured pathway through the intricate cycles of crypto valuations.</p>
<p>Therefore, CryptoAmsterdam’s detailed examination of the state of Bitcoin and Altcoins provides a blueprint for traders looking to navigate these turbulent markets.&nbsp;</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/expert-draws-out-bitcoin-btc-price-short-term-trajectory-reveals-when-altcoins-will-finally-pump/" rel="noopener noreferrer nofollow">Expert Draws Out Bitcoin (BTC) Price Short-Term Trajectory: Reveals When Altcoins Will Finally Pump</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Expert Draws Out Bitcoin (BTC) Price Short-Term Trajectory: Reveals When Altcoins Will Finally Pump

Mục lục

CaptainAltcoin

Các bài viết khác được xuất bản trên 11 thg 7, 2024

Cardano-Powered Game Chronoshot Hits Epic Games Store Wishlist – Can it Propel ADA Price to New ATH?

The Rise of MoonBag: Analyzing Investor Migration From Kangamoon

Bitget Lists Mocaverse (MOCA) Coin from $6 billion-valued Web3 Giant Animoca Brands on Spot Market

Stop piling into leveraged Bitcoin ETFs and consider this instead

Saakuru Emerges as Web3 Gaming Leader as it Hits 5M Daily Transactions (11 Jul)

Bahamians didn't want CBDCs — Now they're being forced to use them

Tham gia bản tin miễn phí của chúng tôi để cập nhật tin tức về tiền điện tử hàng ngày!