August 11th Bitfinex alpha | Macro to determine BTC price

Bitcoin rebounded from its $112,000 low and regained a range floor of $115,800. This recovery has restored short-term confidence along with a steady accumulation of Crypto Treasury Firms currently holding nearly $90 billion in digital assets, breaking past highs in the range of nearly $119,500, but is still unclear if this breakout via resistance is maintained. The price is waving around a short-term holder cost-based standard of $106,709, with conditions still in place to maintain “warm but not overheated” conditions, consistent with the bull phase during the cycle.

The market is balanced, but highly sensitive to macrocatalysts, as 70% of the short-term holder supply still cools down profit and profitable activity to 45%. So, this week’s key US inflation data can determine whether BTC will push a new all-time high or return it to $110,000.

After months of mildness in the financial markets, the confluence of changes in trade policy, evolving bond market dynamics and soft economic data sets the stage on a more unstable setting near the year. Pending US tariffs threaten to raise costs, disrupt supply chains and threaten pressure jobs, but the rising premium in the bond market (now 0.65%) has increased uncertainty about future Fed policies, especially if inflation accelerates after dependency. Manufacturing orders fell 4.8% in June, highlighting uneven demand and the challenges companies face when securing goods ahead of the holiday season turmoil.

The labour market is also cooling, slowing employment growth, significant downward revisions to previous employment data, and service sector activity stagnates just above the contraction level. While rising input costs in the services sector increase inflationary pressures, it increases workers’ productivity – a 2.4% increase in the second quarter – provides a critical buffer, suggesting that technology-driven efficiency improvements may help sustain growth in soft employment environments.

In the crypto space, Bitmine Immersion Technologies has rapidly built the world’s largest Ethereum Treasury Department, accumulating over 833,000 ETH, worth $29 billion in just five weeks, and has established itself as a leading institutional player as a backer for ARK, Pantera, Galaxy Digital and more. Changes in policy under President Trump are also reshaping the industry’s landscape. Recent executive orders could open the doors of 401(k) and other retirement plans and drive mainstream adoption, including alternative assets, including digital assets. Another order will prohibit politicized decubiting, explicitly protecting crypto companies’ access to banking services and dismantling barriers set up under previous regulatory regimes.

]]> https://earlybirdsinvest.com/bitfinex-alpha-macro-to-determine-btc-price/feed/ 0 52708 https://earlybirdsinvest.com/chart-interpretation-series-rsi-the-easiest-way-to-determine-whether-the-market-is-over-acquired-or-not-selling/ https://earlybirdsinvest.com/chart-interpretation-series-rsi-the-easiest-way-to-determine-whether-the-market-is-over-acquired-or-not-selling/#respond Mon, 02 Jun 2025 04:16:00 +0000 https://earlybirdsinvest.com/chart-interpretation-series-rsi-the-easiest-way-to-determine-whether-the-market-is-over-acquired-or-not-selling/

May 30th Chart Interpretation Series: RSI: The easiest way to determine whether the market is over-acquired or not selling

Welcome to the Chart Interpretation Series. Continue to simplify technical analysis and extract the practical tools you actually need.

We have introduced moving averages and MACD in our previous article to help us determine trends and momentum. Next, we’ll introduce some tools that will help many traders gain more confidence by grasping trading opportunities. rsi .

What is RSI?

The full name of RSI is “Relative Strength Index.” It helps you determine whether the currency has been over-acquired or sold, and whether there is a possibility of a reversal.

This is a line chart that fluctuates between 0 and 100. According to the chart cycle, most traders set their RSI to 14 days, 14 hours, or 14 minutes.

Unlike CRACC-only indicators, RSI tells youThe latest extreme level of buying and selling pressureBefore the market is reversed, notice possible changes in advance.

Interpretation method:

• Over 70 RSIs =Overbuy → The market may be fixed soon
• RSIs under 30 =Sold out → The market may recover soon
• RSIs of 40-60 =Neutral → No clear signal

Please give an example:

RSI (purple block): Over-purchase warning

• There is an RSI70The above is typicalBuyed status.
• This may represent a recent bullish trend in BTCReductionor the market could face pullbacks.

Trader’s Focus:

• If RSI is backUnder 70which can mean that the callback has begun.
• If BTC remains strong, the RSI could still be in the purchased zone. This is common in strong bull markets, but the risk is also relatively high for buyers who enter late.

If the RSI falls below 70, it may mean that the callback has been started.

If BTC remains strong, the RSI could still be in the purchased zone. This is common in strong bull markets, but the risk is also relatively high for buyers who enter late.

Macd: It’s a bullish signal, but will the momentum slow down?

• MACD Line (Blue): 4,142
• Signal line (orange): 3,536
• Bar Chart: The value is positive, but it starts to flatten and suggestsIt may weaken the momentum.

The MACD continues to show a bullish pattern with the blue line above the orange line, indicating that the trend is still strong. However, special attention should be paid to changes to the bar chart. If the bar chart starts to shrink, it is usually the first signal the Bulls are weakening.

Moving Average: Is BTC overexpanded?

• 50 Day EMA (Yellow Line): 92,570
• 200 Day SMA (Blue Line): 91,673

Current BTC prices are much higher than these two important moving averages, confirming the strength of the current uptrend.

However, you will see another reminder.Is the market expanding too much?

It usually happens when the price is too far from the moving averageHealthy callbackclose the price and return 50 days EMA. Many traders view this position as a dynamic support area for bull markets.

Final Point: Should I take action or wait and watch now?

• Current trends:The bull is generally strong, but there may be signs of excessive extension.
• RSI:Being in an acquired region is cautious.
• MACD:It’s still a bullish signal, but there are already signs of early momentum slowing.
• strategy:
  
  • If you’re already making a profit, now is a good opportunity to consider making a profit or adjusting your stop loss points.
  • If you are waiting to enter the venue, we recommend that you observe if that happens50 Days of Call Back to EMAit could be a more stable, lower risk entry point.

RSI Practical Expert Secrets

RSI is simple and easy to understand, but how you use it is the real key. Below are practical skills that professional traders use RSI:

• Understanding the market background
  rsi inIntegrated or Scope Variable MarketPrices can play an effective role as they fluctuate repeatedly between support and pressure. However, in strong trends such as bull markets, RSI could remain on acquisitions or overselling for weeks. So don’t hurry up just because RSI breaks 70. First, we need to observe the overall market trends and overall situation.
• Used in other technical indicators
  RSI is effective when used alone, but is more effective with other indicators. You can match the following tools:
  • Macd: Check if the momentum change matches the signal given by the RSI.
  • Moving average (such as 50-day EMA): Observe whether prices deviate from the main support level.
• Beware of deviations
  • When the price is setNew highsbut did the RSI fall instead of syncing and catching up to it? This is calledTop departure”, meaning that momentum could be weakened.
  • When the price is setNew Lowbut the RSI was not syncing, but did it rise instead? This is called “bottom divergence” and the market could recover quickly.
  • Divergence doesn’t necessarily work immediately, but it’s one of the important signals that professional traders never ignore.
• RSI is an early warning tool, not an immediate command
  RSIs display signals that are overbought or sold, but this does not mean that you need to take action right away. It should be viewed as an early warning tool, not as the basis for purchasing or selling panic.
• Make good use of different periods to optimize your trading strategy
  RSI data will vary depending on the duration you observe
  • ifEveryday RSI shows what you’ve bought,but The 1 hour RSI begins to collapsewhich usually means the market is in the short-term pullback phase with a long-term bullish trend.
  • Smart traders will use this to wait until short-term RSIs recede before entering the main trend.
  • This approach helps you avoid chasing highs and find better and more risky entry opportunities.

Next chart interpretation series:Bollinger Channel – Stay tuned for how to run volatile trading like a professional trader!

Bitfinex. Historic Bitcoin exchange.

]]> https://earlybirdsinvest.com/chart-interpretation-series-rsi-the-easiest-way-to-determine-whether-the-market-is-over-acquired-or-not-selling/feed/ 0 39639 https://earlybirdsinvest.com/crypto-analyst-unveils-very-critical-level-that-will-determine-path-forward-for-bitcoin-heres-his-outlook/ https://earlybirdsinvest.com/crypto-analyst-unveils-very-critical-level-that-will-determine-path-forward-for-bitcoin-heres-his-outlook/#respond Fri, 28 Feb 2025 11:37:18 +0000 https://earlybirdsinvest.com/crypto-analyst-unveils-very-critical-level-that-will-determine-path-forward-for-bitcoin-heres-his-outlook/

Cryptocurrency analyst and trader Kevin Svenson is outlining the path forward for Bitcoin (BTC) as the flagship digital asset lingers around 20% below the all-time high.

In a new video, Svenson tells his 82,700 YouTube subscribers that Bitcoin could re-enter bullish territory if BTC breaks above a downward trend line on the weekly time frame and manages to close above the price of $90,000.

“So what we’re looking for right now with the current weekly is that we get a nice close, that we close at least above our downward-sloping support. At least we want to close above about $87,500 and if we can close above $90,000 roughly, the area that we had our bounces that would be a very, very good sign.”

Svenson says that if Bitcoin fails to rise and close above the “very critical” level of $90,000 on the weekly chart, it would be a “signal that demand is weak” for the crypto king.

“If we don’t do that, if we kind of just hang out below $90,000 for too long, it may signal that we’re getting ready to break the parabolic trend.”

On how the price action is likely to play out, the crypto analyst says,

“Just based on cycle timing, where we are, the type of behavior that we’re seeing, we’re going to see something like what we saw in August with a rebound back up. We may hang out and sort of create a formation in this range before coming up again.

So it might be a lot of sideways action, a little bit of damage done to the market. So people are going to be skeptical. But I think ultimately we’ll probably continue this trend up.”

Bitcoin is trading at $86,206 at time of writing.

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