BullsCafe

Bitcoin (BTC) analysis as of May 12, 2024, **Technical Analysis**: - BTC trading in $50,000 - $55,000 range for weeks. - Short-term moving averages offer immediate support (e.g., 50-day, 100-day). - Longer-term moving averages (e.g., 200-day) indicate stronger support/resistance. - Key technical indicators (RSI, MACD, Stochastic oscillators) signal momentum and potential reversals. **Fundamental Analysis**: - Strong fundamentals with rising adoption by institutions, corporations, and retail investors. - Growing network activity (hash rate, active addresses) shows robust usage and interest. - Regulatory developments globally could impact sentiment and short-term price movements positively. **Market Sentiment**: - Positive sentiment towards BTC as a hedge against inflation and uncertainty. - Attention on CBDC developments and their relation to Bitcoin. - Geopolitical tensions and economic indicators may affect short-term volatility. **Conclusion**: - Short-term movements driven by technical factors and sentiment. - Long-term value driven by adoption as a store of value and digital gold. - Investors advised to conduct thorough research and assess risk tolerance.

#SYNUSDT Midterm Analysis Looking at Current view SYN is in falling wedge and is at support if the support is lost we can further see SYN to next support and if the resistance is broken we can see 1.9 soon I am expecting an upside in MIDTERM SYN / USDT ( Midterm hold ) Buy : 0.65$ - 0.81$ Sell : 1.9$- 5$ - 7.4$ #Bullscafe #NYSE #NewYorkStockExchange #NSE #BSE #Forex #NationalStockExchange #Crypto #BTC #ETH #nifty #OptionsTrading #synusdt #SYN

Avax long as 4 hour OB is tapped and is retested also the trend line is broken Enjoy the trade

currently at support, triple tap, POC above bearish order flow and forming bearish divergence. expecting a liquidity hunt before downside move with some pullbacks and eventually tapping on H4 demand and start a bullish wave.

Forth USDT will be flying next Once it comes to 4 hour support (4 hour OB ) we can take a long on Forth and it will give a good pump

GMX has been in downtrend for few weeks, tapping to a H4 demand zone, we may see a quick bounce to retest recent BO level and it will continue downtrend to mitigate FVG and then bullish wave to mitigate bearish FVG.

INJ Long #INJUSDT Entry - 8.86 SL -8.5 TP1 - 9.385 TP2- 9.690 Tp3- 9.95 #bullscafe#DYOR#Crypto#meetings#Calendar#forex#ICT#SMC#CPI#FED#BTC BTC #ETH ETH #BullMarket#bullrun #cryptocurrency#bitcoin#crypto#blockchain#ethereum#btc#forex#money#trading#investment#bitcoinmining #cryptotrading#cryptonews#forexsignals#success#binary#dogecoin#blockchaintechnology#wealth#cryptoworld #bitcoinprice#xrp#cryptoinvestor#motivation#forexlifestyle#hodl#altcoin#usa#trade#ripple #cryptobureau

BTC Low Volume will lead to Dump Break up will be Violent #bullscafe#DYOR#Crypto#meetings#Calendar#forex#ICT#SMC#CPI#FED#BTC BTC #ETH ETH #BullMarket#bullrun #cryptocurrency#bitcoin#crypto#blockchain#ethereum#btc#forex#money#trading#investment#bitcoinmining #cryptotrading#cryptonews#forexsignals#success#binary#dogecoin#blockchaintechnology#wealth#cryptoworld #bitcoinprice#xrp#cryptoinvestor#motivation#forexlifestyle#hodl#altcoin#usa#trade#ripple #cryptobureau

a rally to upwards and then back to H4 demand and upwards rally again

forming head and shoulder pattern, expecting to BO upwards. then grab liquidity at swing high and nuke back to H4 demand and bullish wave.