This is an important week of economic data, with the Friday jobs report especially in focus. Economists polled by the Wall Street Journal expect the U.S. to have added 161,000 new jobs in August, up from 114,000 in July, and expect the U.S. unemployment rate to fall to 4.2%, from 4.3% in the previous month. Such data is important to watch, as it could determine the short-term direction of bitcoin’s price (#BTCUSD).

Narrow range, probably okay for a tinny profit when there's no commission charged. Otherwise not recommended to trade #BTC/USD at tight accumulation range but in high downward pressure. Bulls are quite supportive at lower range but bears are pressing hard at upper range. After the breakout, retest might trigger an upthrust. Yet to see.

Developing... BTCUSD 15m Trade

2024 April 20: #Bitcoin has officially executed an event known as the halving, the fourth bitcoin halving occurred on Friday at a little after 8:09 p.m. Eastern Time. The event, which happens roughly every four years, essentially cuts the Bitcoin reward that miners receive for powering the network in half, reducing the new supply of BTC entering the market. Bitcoin's fourth halving occurred at block height 840,000, ushering in a new epoch for the network. As a result, the rewards for mining a block has reduced from 6.25 BTC to 3.125 BTC from this date onward and until next halving event which would occur in the year 2028.

Flash update: The ETFs had a large inflow of of at least $720M, which would require the purchase of around 15,108 BTC to cover. Buying pressure for Bitcoin. About 690 BTC were left OTC and with 90 BTC drained this morning leaves 600 BTC remained.

BTC/USD 1 Trade lost out of 47 having 97.86% win rate with the profit taking home $65,998.32. This is a pure profit after paying exchange commission, trade drawdowns and capital gain taxes. No emotions here.

BTC-USD hourly returning over 95% win rate. Follow the chart, follow the trend - no emotions here.

Code updated with realtime buy/sell pressure. #BTC/USD Hourly swing is playing out really well and as expected.

A 15min #BTC/USD swing with 99% accuracy and 0.00% anomaly. This is a gem.

#BTC/USD pair has fired #Swing #Entry. Nice to watch the trade.