Bitcoin-crash
[UPDATE BTC] Proof of a Wyckoff accumulation (confirmed spring!)Well, here we go.
Micheal Jordan: the last shot.
Bitcoin: the last dump.
Be a Chicago Bull, not a Chicago Bear.
📉📉📉Bitcoin Crash Incoming???📉📉📉As you can see, we have a large scale head & shoulder pattern forming on the HTF. I have an inclination toward bitcoin having a mini rally to 48-49k in the next few days and weeks to fill in imbalances left during the selloff (refer to bitcoin futures chart to visualise gaps). I strongly believe that we are done with this cycle and bitcoin could head all the way to 10k. Thats not to say that the next cycle could start as early as next year. Lets see what happens!
Days are limited Figured at some point we'll make another leg down further to 25k or so. Timing has been most difficult. The pennant is closing in. The pennant is starting to droop downwards, which is the sign that it's almost over; however, that often means one more attempt up. We may be looking at one more attempt to break above around 37.5k, but ultimately, I see Bitcoin capitulating soon after. It's less about if it's going to happen, but when it's going to happen...a week or so?
BTC may drop now to the bottom of the golden pocket and beyondThe type of dip (descending arch) we are seeing on the hourly often has a sharp fall to follow. If we look at the last descending arch it was the last time there was a major dip. Following that we can estimate where it might fall to and take out a long position. For now it's a short.
The first drop might bounce from the bottom of the golden pocket, which is also the weekly S2 and the bottom of the forming triangle, providing us with some confluence. A bounce to the upside would probably see it reflect off the top of the golden pocket / weekly S1 and make its way forther down to find support again at around the 29k mark.
Memorial Day SaleSeeing a lot of bearish signs particularly now with the completed H&S.
With the bearish sentiment, the bearish charts, & the obvious H&S spooking everybody into shorting - I expect another flash crash when all those shorts close at the same time.
24k may be conservative considering the above. Depending on the severity of a flash crash, 20k may be a more accurate number.
Ethereum on FIRE!?? FEAR & GREED, Buy or Sell at $1800-1900???Calling the short term bottom here! If you missed out on Ethereum at $4600 when there was euphoria and nothing but positive news, now is time to consider Ethereum at the best discount we'll see in decades. Discounts can even be better as the whales have dumped, short term minded speculators bailed and derivatives toxicity overflowed.
Once people figure out why banksters don't want competition, everyone will be buying this new generation real money, controlled by math instead of crooks counterfeitting their "just because we say" IOU gov paper.
Don't bet the farm and never trade crypto leveraged. That's like asking a poker pro to be your banker. You'll walk in feeling rich and aiming to leave richer and you'll walk out penny less.
Also, don't trust crypto exchanges. They will be taken out by banksters and the puppets they control. Yes, that makes trading more tricky and is the #1 reason non-traders, HODL investors, should only do cold storage wallets.
Peace out.
PS When you start hearing about all the Ethereum V2 taking over the world with low transaction fees and energy use, sell 50% of the ETH you buy at sub $2K and repeat this wonderful cycle of fear and greed.
Bitcoin Crash
I think Bitcoin has entered its downward phase
The uptrend in bitcoin has ended and entered a new phase of its trend
In my opinion, this analysis is worth considering and we must always have financial management so that we do not suffer in this phase change
Good luck
Bitcoin price predictionThe nearest meaningful support after today is $19k. After that, it's free fall to $19k.
[UPDATE BTC] NOTHING UNTIL JULY AND THEN WE GROWAFTER THIS TEXTBOOK MANIPULATION, I EXPECT MODERATE CONSOLIDATION FOR 1-2 MONTHS AND THEN WE START MOVE UP.
EVERYONE IS EXPECTING A BEAR MARKET. HOWEVER, THAT'S WHAT THEY WANT, EXTREME FEAR.
IT'S A TEXTBOOK EXECUTION OF AN INTENTIONAL DECEPTIVE CAMPAIGN TO TAKE MONEY FROM UN-INFORMED INVESTORS AND SHIT COINERS.
Huge bearish divergence on BTCSo yesterday, I noticed that we have been creating a bearish divergence on the chart for a few weeks, just wondering if this is what caused the crash or is just a coincidence that this pattern occured. I'm new here on the crypto market only been investing for a year, so please bear with me if I'm being ignorant or just dumb.
Is Bitcoin on a verge of Crash?Bitcoin Top down Analysis. Price is still bullish in Monthly Time frame But it may come down a bit for weekly Demand area and turn back again Bullish
"If in doubt, zoom out" yeah, I didAny good impulse up takes time to crash down before resuming it's way up. Just look. This happened several times on the way to the top of the 2017 market. This time is going to be no different. We visit 43k and maybe lower, but gotta take it one day at a time.
Some much needed Bitcoin perspectiveWhen you zoom out, you see that this is a typical event in Bitcoin's history. Once you see the pattern, when days like this come you can laugh at the chaos and the doomsayers, and perhaps even take advantage of some of the amazing prices! Opportunities like this only come once in a while.
Short-term range trading bitcoin #2Context:
In this series, I'm using price structure to trade inside the range while risk managing. In this second chart, I set my max target (the top red horizontal line) and my profit take trigger (the diagonal red line).
how to rally to 100k btcas i said yesterday after breaking down that giant pennant on 4h chart the crash was coming but are the bulls dead? or just tired. if we look at bitcoin history a crash of about 40% happened fairly regularly in the past bull market and every time we made such a big correction btc raised over 150% after the crash which I cant put the chart here because I'm not a pro member (such a bull*hit) but you can check it out for yourself and its really cool to find this patterns
so where that put us right now?! i think we might still have some room to go down and test the 20ma on the weekly chart at somewhere in about 42k which is the last top we made after the breakout from 2017 ATH and if you measure from the current all time hight 40% down that puts us on exactly around 38k and if we go up 150% from there we look at something about 100k. and I personally think this absolutely can happen the most possible scenario here is testing 42k which is not exactly 40% but is a powerful level and we can reverse from there. this can be on of the best buy the dip situation of this bull market. so watch out for the next few days.
BTCUSDT Prepare for the big fallbtc usdt is not in a good trend right now, as u can see in daily chart..
sideways movement, becareful if breakdown 5000 area, and if its still down below 4500, better exit all crypto pair.
this is my view, thank you
Ending diagonal Ending diagonal is formed at the top of bull market, which leads to sudden trend reversal aka crash.
Is this end of bull market?
is Crash coming?
This chart pattern has successfully predicted market cash many times.
btcusdHello friends
Bitcoin is in a sensitive support area. If it loses support for the trend line and the Ichimoku cloud, we will go for lower prices.
Can BTC break above our center trend???Woooo weeeeeee. Things are lookin' spicy right now. Even though BTC recently made a new ATH we still actually haven't broke our center support/resistance line from the previous cycles. It has proven to be a worthy opponent multiple times, each one resulting in over 30% dumps. Orion is also showing a possible reversal right in the Daily, which is telling me that this is truly a resistance zone. Not only that, but the signal line is showing a bearish divergence with the price. If the trend does reverse in the next day or two, we will see if the bottom of our rising wedge will hold us up. Then, Bitcoin will need to push past our center S/R and solidify it as a support before we can continue this bull run. If we can't..... someone please save our souls. I dont know about you peeps, but my boots are shaking. Good luck to us all.
