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Bitcoin-drop

Bitcoin(BTC): We Had A Drop!!Bitcoin rejected fully FWB:48K and reclaimed $45K zone as well!! Our weeks-long game plan is working very perfectly, and the price is moving just as we have been predicting it to move. With that being said, we have had so far 7% market price movement since the entry zone and 14% market price movement since the FWB:48K zone, which we have been monitoring for quite some time. With that being said, we also see that during Asian session, BTC stayed in the lower zones without any impulse to upper zones, which is good sign of further downward movement to come from here (maybe with small correction to upper zones) As always, "buy the rumours, sell the news." - Ethereum ETF is next??
BITSTAMP:BTCUSDShort
by SwallowPremium
2
Bitcoin (Urgent Analysis) 😱😱Hello Guys. How are you? I hope you always be happy and successful ➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖ Today I want to give you an update on the movement of the Bitcoin So, Let's go. In my opinion, Bitcoin is done, Unless the price can stabilize above $38300 with a strong candle, preferably Marubozu with high volume (stay above 38300 for 2-3 days) the volume must confirm this move. If Bitcoin succeeds in being stable above 38300, the next target will be 58000 USD otherwise, Bitcoin will drop more than you think. and we are still in the bearish trend. Wait for the big news. for example, canceling the ETF at this time The expansion of the war in the Middle East the start of the China-Taiwan war, or something else that will cause to drop in Gold and other markets. Please don’t forget to write your comments ✍️✍️ like 👍👍 and Share 👌👌 this vision with your friends. And Tell me do you agree with me or Not? Please don't hesitate to write your comments below. ❤️❤️ Wish you the best ❤️❤️ I believe my analysis. Good Luck Ho3ein.mnD
BITSTAMP:BTCUSDShort
by Sticky-Stock
BTC recipe for a drop? 6 Weekends out of 10 are Bearish with crypto , this is one point of view. However when do we continue the trend into the week? Usually this happens with the following recipe: - take 1 or 2 spoons of FUD - 1 spoon of false retrace - a handful of sell orders near critical support levels - all of them happening in a bearish pattern on high timeframes The 30k level might really fail this time, let’s see if there is any institutional brave enough to buy this fragile «dip«. Now , I have this short setup. I highly advise you check that distance to stop loss twice and calculate your position properly. The RR ratio is not ideal but it is deffinetly doable. Also I would caution you with leverage, using extremely low leverage 1-2x would be smart and would allow you to enter this short safely. This setup is optional. 
Short
by SublimeTraders
Sorry My Love, Healthy Correction Is Needed.Firstly, LONG LIVE CRYPTOCURRENCY AND BITCOIN. In the short term, I would be lying if I didn't think this is going to see a healthy correction onto Ichimoku cloud support. This is not technically a rising wedge. I drew a triangle to demonstrate the divergence + unsustainable support curve. I love Bitcoin man, Don't get me wrong with that... BUT I have been around long enough to know when something bearish is in the air. Sorry CryptoTwitter, I know you are very bullish right now, Sorry Elon...... Please be sure to buy the dip so we can all aboard the moon-ship again. Thank you. - Stay profitable - Dalin Anderson
BITSTAMP:BTCUSDShort
by High_Altitude_Investing
36
Bitcoin heading to a strong support level, $6500This is not a financial advice and I put it here only for my own record. Following my previous post ( ), I have multiple Fib circles and one Pitchfork. The market at this moment perfectly respects the blue and red Fib circles. I see clearly that the market is making an HS pattern. The red Fib circles has played resistance/support recently. Whenever we got close to one of the red circles, we saw a strong resistance or support. Even if we go up, I do not think we go above $8660. I see one blue Fib circle, another red fib circle and a significant support level by Pitchfork channel. Also, note that the Bitcoin long-to-short ratio is high enough now to see a move to the downside in price (at least, it is unlikely yo see a massive upside move). I think we will follow down the red circle (shown by a red arrow) and the blue circle below plays a support level. Then, we move sideways (with some ups and downs) to finally reach the gray large circle. As shown in my previous post ( ), every time we approached this Fib circle we had a massive drop. I am not saying we will have a massive drop but it is very important to be cautious around that moment. On the other hand that green line should be a very strong support. In history, it was a strong support and resistance for several times (even in 2016 and 2017, as well as recent 6 months). Can the market hold that level this time? We do not know (and no one else does either). My guess is we probably hold that level for a couple of weeks and eventually we break it. BTW, I drew a Fib circle for RSI curve too that has played out very well so far. We will move about the middle of current channel, then we have a upside move to the upper channel and finally goes back down to have a large sell-off. Who knows?! In my next post, I will show you why I think the market is currently overvalued and we eventually go down to at least retest the $3200. Let me know what you think?
BITSTAMP:BTCUSDShort
by walekiller
Key reasons for another drop in the price of the Bitcoin.No transaction fees, enabling micro-payments and micro-donations is what made Bitcoin so popular. Bitcoin is an electronic crypto-currency not tied to any financial institution, which enables you to make international transactions outside of the banking system. Some big chain of stores are thinking about accepting Bitcoins on the checkout. These are the main reasons, why the price of the Bitcoin skyrocket. As the maximum number of coins is specified, the price of the Bitcoin has to rise the more people make use of it. However, during the last months, Bitcoin transactions became very slow and all of a sudden, high transaction fees have to be paid. It is obvious that the Bitcoin network cannot handle anymore the high workload. It is even questionable whether Bitcoin can hold as the number one coin if it fails just in these important characteristics. Additionally, 78% of the computer power of the Bitcoin network is located in China. China wants to ban Bitcoin mining and verifying because of the high consumption of electric energy. Depending on the speed of realizing that plan of banning mining, this can temporarily lead to an additional bottleneck in the Bitcoin network. It is foreseeable that more and more people will elude Bitcoin and turn towards other coins. Once the number of people using Bitcoin will erode, the price of the Bitcoin will collapse. There are enough alternative coins available with transaction speed increasing the more people make use of them. Just to name such coins Ripple, Dash, Tech coin (coming soon) and Futurocoin (coming soon). Cryptocurrencies have a bright future. However, it is very unclear if Bitcoin is one of them. There are enough key reasons for another drop in the price of the Bitcoin. Up or down? The decision will be made in these days. Technical analysis. The big picture are two triangles. The major, dark triangle lets us expect an outbreak to the upside at point 5. However, there is also a minor, light-grey triangle and the price of the Bitcoin did just outbreak on its downside at point v. It will test the downside of the major triangle again. Any price below the red line at 12787 will turn the overall scenario into bearish. Should the bearish scenario be confirmed, the price might drop as far as 5568.
COINBASE:BTCUSD
by luckyhelper
Daddy Bitcoin is nervous! My thoughts, correlation and stuff. Hey guys, everyone is concerned about Bitcoin being a bubble which is about to burst the entire Cryptomarket. What we see is a neutral market on its way to decide which path we choose to go and how we deal with that "bubble". There is one important fact we need to mention before we talk about a "Crash" if Bitcoin drops under the green Nackline of the first S/H/S-Pattern we`ve created after this crazy rally caused by the drop down to 5.500,- USD. This consolidation seems to be crazy due the fact that we`ve never seen such a strong volatility in any market out there. In Fiat, a drop from 20.000,- down to 12800,- (7.200) seems like an enormous fall from down the Mount Everest. But if you take a look at the growth in % this retracement is and will be still a joke if we get through that strong support which has been tested by the market for almost 18 times. At 61,8% buyers safed Bitcoin and caused Fakeouts through this important zone. So what we basically see is still the greed by market players who missed the milktrain and still see`s potential in Bitcoin. We still have a lot of problems with Bitcoin due transaction-time, fees, and efficients. A long time could pass by until we get working solutions like "Lightning network" that could fix those issues. 1. What is the market going to do? Hold, wait and hope? 2. Try to find alternatives? (Traditional market is freaking out) 3. Drop until 8000,- USD and consolidate? There is one !BIG PROBLEM! I see related to this stupid correlation we have in the cryptomarket refusing to give us nice alternatives to Bitcoin. 1. Bitcoin climbs -> Alt falls 2. Bitcoin drops -> Alt falls 3. Bitcoin consolidates -> Alt climbs Statement: If Daddy Bitcoin is calm and relaxed he allows his kids to play. How can we explain that correlation? Let me share my thoughts. Statement 1: Bitcoin climbs Since Bitcoin is the "oldtimer" of the cryptoworld, daddys grwoth was almost ridiculous. Bitcoins hype caused by the media and those "Bitcoin millionars" promoting strategies and promises on the internet baites verdant privat investor. I`ve been talking to ppl in my neighbourhood who`ve never heared about "ALTCOINS" but got Bitcoins instead. Bitcoin is THE most important base currency to buy Altcoins. So, if the market is invested in Altcoins it means they were seeling BTC for ALT. If Bitcoin starts to climb, people see the potential of big stupid "forecasted" and pushed Goals like "60.000,-" - "100.000,-" until the end of the year. Result = Sell ALT, BUY BTC. Statement 2: Bitcoin drops We were talking about Bitcoin being the daddy of the cryptoworld and BTC as the important base or primary currency of the cryptomarket. Logically the Altcoin-market should grow when Bitcoin falls, due the fact that they SELL BTC and buy ALTs, right? What I see is that the market defines "Daddy Bitcoin" as the entire Cryptomarket. Means, if Bitcoin drops -> The entire market is dead, because his kids are not big enough yet to stand on their own feet. Bitcoin Drops -> Doubt in Cryptomarket -> Exchangen BTC and ALTs into Fiat. Statement 3. If daddy Bitcoin is relaxed going outside sitting on a bench reading his Newspaper he lets his Kids "abusing" the playground. Market players see that Bitcoin is stable but not lucrative in a phase of a sideway trend. So they use this chance to increase the amount of BTC in their wallets and trade ALTcoins instead as long as the rally takes a break. They see the potential in ALTs and wanna raise more money. Sell BTC -> Buy ALTS BTC Drops -> New Buyers in BTC Isn`t that risky AF? Am I wrong? Please explain this correlation if it`s wrong. I guess there is wway mroe facts we need to include into this analyse like miners, news etc. But wht I see is a lot of panic, greed and inexperienced traders out there. Which path to we choose for daddy? Back to stockmarket? Peace and good trades
BITSTAMP:BTCUSD
by Trading2ez
2