Youtubers dumping BTC on you????I believe they got me with this last setup for a few hundo...
I also believe they are about to wreck a bunch of people..
Carl from the moon said he was selling everything at like 42 or 50k I cannot remember... PUMPER like crazy for a week after that...
Carl has now in his most recent video title said he is all in.... Then says at 52k he will go all in during the video???
What is it Carl are you telling us those are the entry and TP on the shorts... Technically he is "buying" but he is only shorting IMO.
We will see.
Watch out for these major youtubers to use you as an exit.
They do not like you. They are part of a group that you are not.
it is easy to make money BUT can you keep it?
I am a no coiner again.
See you at the price it costs to mine a BTC...
NOT FINANCIAL ADVICE!!!
19k
25/09/23 Weekly outlookLast weeks high: $27490.1
Last weeks low: $26897.7
Midpoint: $26305.4
Despite several big news events relating to the FED funds rate, CPI & PPI, we saw a much tighter range last week than the week previously.
We're already trading lower than last weeks low and confirmed as resistance with a bearish retest.
It is interesting that the news events that used to give us such volatility are now barely noticeable on the chart at all. This leads me to believe we're in the later stages of the bear market, where the speculative investors traders are no longer interested, the market makers are not interested in trading news events that are risky and therefore we have almost a stalemate in price action.
When an asset like BTC fails to have buy side pressure/volume then price will naturally creep lower to find buyers, this is basic supply and demand and the reason for my prediction that we'll see a retest of that yearly open price around 19k in my opinion. By that point smart money will look to catapult BTC back towards ATH over the next couple of years. Survive the next 6-9 months and the patient shall be rewarded, we see it with every cycle.
| BTCUSD | BREAKING BELOW 19K!BTC had been consolidating for a few days before breaking out very recently... I will give you a second to quickly look at your portfolio for the 100th time today to notice this price change. Based on the range which acts as a flag formation, the target for this move puts us in an area below 19k, thus the title. There are 2 targets as seen above ( $18228 - $17960). The reason for the indecision is based on a line being drawn from the swing high which touches the support of the flag and the other being the lower high (most recent price action.).
In order to achieve these targets, the price has to break below the 19k threshold comfortably and hold below for at least a day. It could be argued that the price will consolidate around this psychological area before continuing further downslope. This approach will add confluence to a healthier move downwards in the days to come.
The volumes are picking up nicely to benefit the bears in this move downwards.
@TradingView
⚡️ BTC OUTLOOK - 05/07 ⚡️⚡️ BTC OUTLOOK - 05/07 ⚡️
80:20
Bearish: Bullish
Short Term Outlook
Going to be really interesting to see what happens when the US come online - frustratingly we haven't been able to hold $20k as looks like Europe sold. We are now approaching a key support and possible pullback zone both on price support and also on Fibonacci - if we bounce a little here too we will be bouncing off the 200EMA and 50ema on the 1hr too, although it looks like a H/S might be forming so can see a bounce and then down to approx 18.8k-18.9K - given the double top I feel this is the likely scenario.
BTC entering No support Zone! 19k BTC incoming?!BTC is entering the No support Zone and it could get very ugly here. It should be mentioned that Alts are going to get absolutely rekt, if we see btc at 20k!
Im not saying it will definitely go to 19k but the price has put in a new lower low at 28k and if we get below 28k then the price will be entering a zone in which there is no support and thus the risk of 20k. We may get a bounce from the 24k level, but no one can say for sure what could happen. Trade safe!