Looking at a retest that might make us blush #algorand
English description We can see that the AMD model has formed, and we will wait for another one to develop before going bearish during the distribution phase. Moroccan Darija description kachofo bli deja kan 3andna whd AMD model db kantsanaw wahd akhor iban lina apres ndekhlo sell f la phase dyal distribution . ATTENTION : I SHARE JUST MY IDEAS, NOT A SIGNELS
I anticipate DXY to move in the Bearish direction ⬇️ after taken liquidity and the Daily Fear Value Gap.
RIOT earnings disclosed that 53% decrease in power credits directly affects miners’ operational costs, leading to higher Bitcoin mining costs. In the broader economic context, this ties into energy market dynamics and inflation control in several ways. Preventing upward pressure on industrial energy prices. Power credits or subsidies previously given to miners have kept their costs artificially low, allowing them to consume large amounts of energy without fully bearing the market rate. By reducing these credits, miners are exposed to real energy prices, discouraging excessive energy consumption and reducing competition for energy resources with industrial sectors (like manufacturing or logistics) that are critical to the economy. Why it matters When Bitcoin miners compete with industrial users for power, it can push up energy prices. Since energy is a major input cost for many industries, rising prices can ripple through supply chains, increasing the costs of goods and contributing to inflation. Aligning with Energy allocation priorities In many regions, energy regulators aim to ensure that critical industries, those tied to job creation, exports, or essential services, have priority access to affordable energy. Bitcoin mining, often seen as non-essential from a macroeconomic standpoint, might be deprioritized to keep energy-intensive sectors from facing higher costs that could contribute to consumer price inflation. Market correction & miner attrition With actual energy costs now directly impacting miners, many less efficient operations (those with older equipment or higher power costs) will struggle to remain profitable and may shut down. This natural market correction helps reduce overall energy consumption by the mining sector, easing pressure on the grid and stabilizing prices for other users. Survivors : Only miners with low energy costs, high-efficiency hardware, or renewable energy sources will remain competitive. The reduction in power credits is a policy lever to discourage energy-intensive activities that don’t directly contribute to broader economic stability. In doing so, it helps control energy costs for industries tied to GDP growth and job creation, ultimately working as an inflation management tool. For Bitcoin miners, this shift creates a survival-of-the-fittest environment, where only the most efficient operations can withstand real market conditions, while others may exit the market. As the cost to mine each Bitcoin rises , it establishes a new economic floor for the market. Miners are less willing to sell below their production cost, especially large-scale miners who can influence market liquidity. Historically, when mining costs increase due to factors like halvings, energy price hikes, or network difficulty, Bitcoin tends to gravitate toward or above these higher cost bases over time. Example: After the 2016 and 2020 halvings, mining costs surged, but Bitcoin’s price followed with significant upward movements in the months that followed, leading to new all-time highs.
English description I will wait for the accumulation to complete, then look for confirmation before taking a short position. Moroccan darija description : fhad scenario ghadi netssana l'accumulation tsali apres tban liya chi confirmation o ndkhal sell. ATTENTION : I SHARE JUST MY IDEAS, NOT A SIGNELS
https://www.tradingview.com/x/6kfBH4EP/ ✅AUD_USD will soon retest a key support level of 0.6320 So I think that the pair will make a rebound And go up to retest the supply level above at 0.6380 LONG? ✅Like and subscribe to never miss a new idea!✅
Monthly Breakout; However, still at Important Resistance zone. Once 10.70 is Crossed & Sustained, 12 - 12.50 can be easy Targets. It has given a Breakout from Rectangular Channel around 8.70 - 9. & also re-tested it. Hidden Bullish Divergence has also appeared. as of Now, it should not break 6.60.
Hi Traders Pair: USDJPY ? Position: SHORT (SELL) ✅ Entry: 149.800 ? SL: 150.200 (-40pips ) ? Take Profits: • TP 1: 149.400 • TP 2: 149.000 • TP 3: 148.600 Trailing SL)
Gold did move upward towards the deceleration curve. However, in 4hrly TF, the 2942 resistance was just invalidated and acted as a strong support now. The fact that the accumulation took place at 2942 may signal a continuation of upward trend. Therefore, I will be cautious in engaging selling orders now. If I see a clear rejection at the curve, I will engage selling orders. However, if the curve is invalidated, I will buy upon retest the curve.
Our SUI short continues to shine! As far as going big on SUI again, I think that we can build longs and spot bags from .70 cents to $1.20. This should happen sometime in the coming months. That is all for now!