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Bitcoin-crash

Mid Feb. Bitcoin to hit $30,000. Buy or sell?Just a quick video breakdown. As you can see a trend building here over the last few weeks, it's likely that trend will continue to true support. That level is very clear at $30k and looks to be pretty heavy support. It is possible we enter the winter and head into that $20k rang or possible a collapse tot he $12k range over a period of many months of volatility. Of course, at that point it's time to back up the truck. A lot of political items going on right now as well so keep these in mind as they may trigger a sell off that goes beyond technicals. I have buy orders set on other crypto in their support zones to prepare for overnight sell offs as an opportunity to catch a clearance sell.
Long
by DefyingFinance
Crash this year or later?Eventually spy will collapse on to that long term growth line in white. For sure it will happen, not sure when, it could be by the end of this year or even next year. We may have a bounce here and there, with high volatility. Fed meeting in March could accelerate or decelerate the eventual collapse. Growth stocks have already collapsed more than 50% and may not recover, could see more drops. There could be immediate dead cat bounce in the coming days. Be cautious moving forward.
AMEX:SPYShort
by babu_trader
Bitcoin in the NO MAN's LANDHistorical data shows that bitcoin is currently at a critical zone. The green line is the level which has previously acted as a "resistance becoming support". So far, the price has bounced off of that level, although the last candle does not signal a reversal of current downfall. Therefore, the conservative approach is to assume that the price will follow the current downtrend, unless corroborating evidence of support at this level appears later. Weekends are bad for crypto, and I hate Sundays ;) I am not a financial advisor, and this is not financial advice.
BITSTAMP:BTCUSDShort
by BDDC
complete analysis on Bitcoin ( Read this carefully )Hello guys, welcome back, I hope you all doing great. I decided to write a complete analysis on bitcoin, recent moves brought so much fear into the market, everybody having different ideas on the price action, some going short some going long, so the question is, what to do now. We are going to take a look at bitcoin on different time frames and check the technical analysis for each one. now this is probably going to be a long article but I believe its worth the time. Lets start with weekly chart to see what is going on here. I drew a trendline by connecting 2020 big crash and 2021 crash ( pointed out on chart ) and it turned out to be a proper trend line ( by checking out the daily chart you will realize price had reactions to this zone many times ) by drawing this line, now I can tell we have a reliable price as bottom, we can kind of expect to bitcoin reverse its move by touching that line once again ( if price ever decides to touch it again ! ) Don't worry, I will summarize all of the content at the end, but please follow the text carefully ;) I also drew an orange trend line which is kinda forming a triangle for us ( and again if you check on lower time frames you will realize its an actual trend line not just a random line ); by break of this orange line, price managed to make a new ATH and we all know you should always expect a pullback to broken levels. So again, we have another level that we can expect a trend reversal from ! now lets take a look at daily time frame and draw some important support and resistances for a better understanding now if price keeps going down from here steady and slowly, 40.8 - 41.0 k is where I expect a trend reversal : Why? Because there is so much support! we have a huge weekly trend from 2020, another support zone and the orange trend line, the support on that level is massive and if price ever goes below that level, we are going to see a huge crash and that shouldn't happen. ( That will probably ruin crypto market ) - So to summarize #First_Scenario would be : but we might also see a trend reversal after an small pullback to 44k Zone, for this you can use candle stick patterns, pin bars , doji bars and ... with a bull candle after them will probably confirm a trend reversal and a pullback. But ! these are all harsh scenarios, lets look at lower time frames to see if we stand a chance for a run from where we are ! as you can see, we have a trend line and also a support zone ( purple one ) on the chart, price broke out of the trend line but the support zone is strong enough to hold it for now, you can also see a trend reversal candle stick pattern here, which is kinda telling us that we are going back up for a bit now ( this might be a pullback of the down trend ). Currently price has a resistance on 52k, if we somehow manage to break this level, we can see another run toward up but I really think the first 2 scenarios are more likely to be accurate. in conclusion I'd like to say, we are most likely facing a downtrend but the whole thing is still bullish, there has never been a bear market in crypto and all the downtrends were just some corrections, there is always ups and downs in financial market. this is not a financial advice, you can hold your money or you can use this analysis to sell on pullback and enter on lower prices ( if ever happened ) or wait for 52k break to enter again. But I repeat " THIS IS NOT A FINANCIAL ADVICE ", please be very careful these days. Hopefully my work will help you guys a bit, wish you all great trades and profitable days. please like and follow me on tradingview and other social medias, your support means the world to me. Im open to your ideas let me know in the comment section below. Good luck
Short
by Algo_Analyst
3
CRASH? - 500K IS AHEAD | BTC/USDHi, yep, we got a dip, sooooooo, I assumed it can be, but thought that it's not a good time for it. As we see, we dipped. Now, I changed my graph, and as you see, now i think it's a good time to assume that, as our price channel getting wider and wider, price action can become slower, but I can not understand how this theory can work with halving, crisis and bitcoin's rising popularity(I mean bid). Also, we must understand that this dip can be bought really fast and we will see the peak in january + 1 mth(maybe, don't know, need to calculate a new model). My idea that it's a good time to buy, will see what will be. Good luck!
BITSTAMP:BTCUSDLong
by MR_RR
BTC/USD Binance.US - This is why I do not use stop losses.. I must start by saying that I believe Bitcoin and cryptocurrency investing offers the greatest opportunity for the common man to build wealth to have ever existed in the history of the world. Yet, it is still an endeavor that must be entered into cautiously and with research if one is to be successful. The Daily Chart for BTC/USD on (the pathetic excuse of an exchange) Binance.US, serves as a teachable moment that should not be ignored. This chart demonstrates that if you cannot go to sleep peacefully without having a stop loss in place then you may need to reconsider being in this game. The traditional methods of trading securities that were used in the regulated stock markets of the world and which subsequently made a lot of the famous traders of old very rich, predated high frequency trading and algorithmic trading bots on these mostly unregulated cryptocurrency exchanges. Yet, these outdated methods are currently being peddled and taught by the get-rich-trading-crypto-gurus today as the "secrets to crypto trading profits", despite this being 20th century methods that will cause you to lose your shirt if adhered to when trading crypto. Any endeavor to read and learn about crypto trading will, almost without fail, lead to a regurgitated list of the same old trading clichés. One such example: the so-called number one rule of trading. Always use a stop loss. The number one rule of successful trading is undoubtedly to limit your losses. This may be true, but if you are doing that with a stop loss on an exchange then you are asking to be robbed. Yes, you have to know when to cut your losses and move on, but unfortunately, because of the nature of swimming these dangerous financial waters, the sharks in the crypto space will eat your lunch, steal your crypto at bargain prices and laugh as you weep over what could've been. The order books are open. Anybody with a desire to do so can launch a trading "bot" using an API on most any crypto exchange. If that person or entity happens to have enough capital to clear the buy or sell side of the order books of an exchange, then they are free to do so. Once this is done, your crypto is gone at a bargain price with the classic stop loss shake out. Which is why if I cannot hold it without a stop loss, then I don't need it. If a drop in price doesn't present an opportunity for me to buy more, then I don't need it. If I'm not confident that it will be around in 2-5 years from now, then I don't need it. To limit losses, set a price alert on Tradingview, CoinGecko, or your exchange watchlist. If you are afraid it will drop too much before you can act on it, or if it suffers from a lack of volume and thus has a lack of liquidity, then perhaps it's best to HODL or leave it be. If you don't know what any of this means, then that could be a sign that you may need to do a little more due diligence.
BEducation
by John_E_Crypto
I think BTC is going down heavily. BULL TRAP ALERT GUYS..!!!! Respected Day traders, I know you might be thinking i am a new guy to this platform. Hey what do i know about trading. But believe me that is so everyone else. Tbh i am a trader like bunch of you guys who is out to explore this frenzy world and have been doing so from 2013. This world brought me so many great memories and friends who are so down to earth. Today i have a very important message to share with you. Sorry to break it to you but i think we are in a trap. From my prediction BTC started breaking records when it broke $10-11k. So as any stocks or crypto we have seen in the past. What goes down has to come down eventually and retest everything. I think i have found the greatest retest of all time in the history of crypto. Its $47-$49k resistance guys. You can clearly see the golden ratio is somewhere around there. And i know you might be thinking hey why not make base from top of wick i.e. 64k when everything has to go down but i think in the long run we would eventually go up. So therefore your base 0 has to be around $10-11k. Hey dont take this as a financial advise but as a precaution about what can or what will eventually happen. Till then happy trading my friends. You guys ROCK...!!!! Your sincerely Dante from HELL
Short
by desmondmilesdante
4
BTCUSD Correct Buying ZoneHello traders! Traders Frustration is at its peak and they want to take the BTC price out of the galaxy. People are ignoring many disturbing facts. If you walk looking at the sky then there is a big chance that you will fall as you are ignoring many obstacles and opportunist people. The same thing happened in the Market as Broker/fake new producers forced people to look at the sky and what they did is in front of your eyes and the same thing is happening again as people thought now is the time to buy and now it is ready for another crash. First, broker dropped traders on the floor and now it is ready to beat as hard as it can. This is an unauthorized Market so being smart will not work you have to become the smartest to stay in the game. Keep in mind that trading is the hardest way to make money. Thanks to my strategy as I warned traders at the peak that the Market is about to drop and I also predicted every wave so traders stay aware of the next moves and I will keep updating till the final point before rising. Let's talk about the bottom The market remained in a range for 3 years and that range is now turned into a magnet and there is a gravitational point of this magnet which is 50% of the range. This gravitational point is now attracting price like a magnet and after it hit 11400 it will bounce back and then it will be ready to move up again. Don't Forget to Hit the like button and follow to stay connected
Short
by Aadil1000x
15