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Bitcoincrashbottom

18th April 2022- Bitcoin Road To $20,000Kuala Lumpur, Malaysia: Bitcoin will be going to lose some interest over time and the distributions are on the way. Meeting with the crypto whales today, they agreed to release their holding. Thy are not going to bet the system. Mining difficulties are showing stress level. No sign of recovery over next 2 months. It is better to release than holding. This decision will eventually send the bitcoin tumble to $20,000 for next consecutive season. As trader and retails digest the information and the news, they found that the market of cryptocurrency has changed. The environment is just not the same back last year. Tips: It is better to release for profit and buy it on much more cheaper price. Since there is no buy the dip quote and such quote did not exist. We will see some environmental change by next week. This could be the rise of altcoin season.
Short
by Zezu_Zaza
2
25th Sep 2021: Bitcoin On The Road to $19,260It is Q4. Q4 momentum is the year end momentum. After Bitcoin did the 2nd ATL, we all already know that this Q4 and next year will not the the favour for Bitcoin. We still losing momentum from the China mining market although Europe and US country has already toped up their hashrate to cover the temporary process decline. But it is not enough. We all know that this mining process is the stimulus injection. Elon and Microstrategy trading planned their crypto strategy wisely after all the hype from the past quarter. I am predicting Bitcoin will going to $15K trajectory and although $15K-$20K, is the best intrinsic value after all the collective year. We are losing power. While other sector has planned their agenda to withdraw their bitcoin fund. They need a documentation, report and news. They will create a news which we will think that this is the result of the news itself. The whales being in control over their fund and we should follow their recent news since they are the market momentum. We are still looking for the Soros comes in play for the playa. I am pretty sure he will not coming very soon. He just looking the right moment and momentum to pump and dump. We are seeing the crypto is just a gameplay for their money chess trading. The all time holder we seeing liquidated. They know something that we do not know. All the market mood being in consolidated. Either in gold. Dow Jones just crashed. The mood for the market is not happy with the currency last quarter of the 2021. While all the small player market has demanding their rewards perhaps not in a good time. Semiconductor industry also has been in despair due to not enough silicon chips to produce a GPU and asic mining and for other electronic car parts. Im not seeing crypto will be blast to the $100k very soon enough since it need more energy and processing of electronic. Everyday we are seeing many altcoins created daily. This also has been dragged and reducing the bitcoin momentum power for domination. The player has now not in the favour for bitcoin since their seeing altcoins in the pump and dump scheme by finding and collecting the momentum coins/token. But lots of player also has being in wrong turn favour after their altcoins stucked not pumping again. Being in crypto industry for the century of 2021, we being seeing the news on 'THE RISE OF HACKER' For internet industry and energy consumption, this is the biggest tread to the world of cryptocurrency. Greed and fear index has been reducing to fear as the HOPE momentum not in the favour for the long term holder. The hope after the crash erased the trust in the cryptocurrency recently. Despite that, I am seeing the Bitcoin will drop to the $19,260 if not worst to the $15,000 trajectory signal. Zezu Zaza 2048
Short
by Zezu_Zaza
4
Bitcoin Pennant Pattern Breakout and Elliot WaveBitcoin is forming a pennant pattern on the 4hr and 1D charts. Although I am still waiting for a retest, this pattern is extremely clear and because of that I believe that it is very strong. Throughout this drop over the past few weeks, many pennant patterns have formed and almost all of them have resulted in a significant change in price... Here is one example Again, I am still waiting on confirmation. I normally do not trade these types of patterns, but this one looks pretty amazing. I may even wait for lower timeframe divergence to form during the retest in order to be even more sure abot my entry. Additionally, a clear Elliot wave pattern is in progress and it is suggesting that there may be another wave down. If this wave happens, I will be looking to get back into bitcoin longs again. Typical Elliot wave patterns maintain that the first wave and the fifth wave are of similar sizes, so the price may end up in the 20-25k range. I always use adaptive take profit points and never have one specific area, but this range gives an idea of where this area may be. Trade
COINBASE:BTCUSDShort
by LixxChartz
4
Bear or Bull Market? Judgement DayHi guys, MA200 is the strongest support line of Bitcoin and has been in the past years. If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market. But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more. The RSI and MACD are pretty low, so a reverse trend should happen but crypto is always full of surprises. Today is Judgment day, Bulls & Bears are fighting for a decisive future. Trade carefully!
BITFINEX:BTCUSD
by TrippyBlock
4
Bitcoin Following Projected $100k-300+ Target ChannelYeah I know it sucks for Bitcoin to drop so massively and destroy all short-term hopes for a continued uptrend without "downward disturbances". I anticipated the drop and predicted it on Jan. 7 Still it caught me off-guard and brings a bit of annoyance and call for patience. To the chart we go and let's check back with my Bitcoin channel prediction (see related idea). The prediction analysis can now be tested. The upper Bollinger Band has been breached downwards. So Bitcoin either is able to close above it or I would expect some more losses to -30% (~$29k) or -40% (~$25k) from the ATH (~$42k) In case Bitcoin closes above that swings momentum back and gives Bitcoin the opportunity to remain fully bullish the following weak. Best case scenario would be for Bitcoin to close at or above $38,2k end of this week. Then the 22$ drop was just a short lived "glitch". The path Bitcoin is taking also will give an indication to what stock-to-flow trend line it is following. Right now it would appear to be the 100k mid-May, which would indicate a quicker uptrend and a more parabolic move upwards starting mid-February and aiming at $300k. As we have suffered already a 20% loss in price I remain bullish and consider the current price level a welcome opportunity to average into Bitcoin. Be aware there is however an additional 20% price loss possible to keep some of your powder dry and make sure to put tight stop-loss orders in. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
BITSTAMP:BTCUSDLong
by CarpeMomentum
BTC Starts Correction. Now let’s find suitable entry points!As predicted, BTC failed to make new highs, stopping just short of $19,500. The coin has now started an overdue correction. Now it is essential to find where it will bounce back so we can enter once again! Support Levels Finding suitable entry points goes hand in hand with finding the right support levels. The first support level stands at $17,000, where BTC made a small comeback at the start of this correction. This level is important as it was the last main resistance in Bitcoin's path to the all-time high. However, due to Bitcoin's outstanding growth from $10,000 to $19,500 in just two months, the correction is more severe and has already stepped past this point! The next support level stands at $16,000. This level came into prominence this year, as it held Bitcoin from pushing higher repeatedly. This level is likely to be hit, as after a strong bull run, a mild bear market is to be expected. Currently, Bitcoin has bounced near this level twice. Lastly, we have the $14,000 support level. This level is critical as it was the highest price we hit following the 2017 bull run until November 2020. It also acted as a major support holding Bitcoin above it throughout much of 2018. BTC may head to this level in case of a "severe" correction. Yes, Bitcoin can go lower. However, due to the strong momentum, optimism, halving, and entrance of institutional investors, the price will likely hold above $14,000. After bouncing on one of these levels, we are likely to see revisit the all-time high. However, it may take a while before we break it. Strategy The 5 and 200 EMA crossover is among the best strategies on the 1h chart. With a 0.01% commission, the strategy would have made a stunning 415% return from 2019 up until the present. While backtesting is not the same as live trading, if you backtest for long enough and throughout different market conditions, then you will likely see similar results in your live trading. Therefore you can also use this strategy as your next entry point.
Long
by cryptohopper
Short Term Bitcoin Price Analysis. So, Bulls Are On?Currency Pair: BTCUSD Time Frame: 1H If you read my previous analysis you will find we are not at the bottom yet. I am going to explain the upcoming situation here step by step in brief. Here 'A' point denotes the 5k wall and 4.8k,4.5k,4.4k are 'B', 'C', 'D' onwards. Look at the chart right now. The possible scenarios : Rejection from B level will lead us to the C level. If Bitcoin faces strong and active support at C level it confirms the 'X' wave. Rejection from A level will lead us to the B level. At this point, B level must be a major support. If B level actively remains huge support it will confirm the 'W' wave. But breaking this support level will make a hard blow to the C level. Breaking C level anytime confirms we are heading to the D level. At this point, there will be a huge sell pressure. Breaking D level anytime confirms 'Y' 'Z' wave. At this time I am sitting on the sideline and watching the market closely. I am waiting for the conditions that I have mentioned at the B and C level. Although market is growing green today there is still a huge possibility of 'YZ' wave. Reasons : Several dropping of OI on Mex. Massive growing SPI on Finex. Breaking of 4.2k massive support level on Coinbase at M1 time frame. In short, take care of your capital. Wait for the buy confirmation at 'B' or 'C' level. Till now this is not safe to get into the market. Let me know what are you thinking which way we are heading in the comment section. If you find my post useful please hit the "Like" and "Follow" button. Remember an analysis is not a financial advice.
BITFINEX:BTCUSD
by Jhon_Dillinger
How Far Bitcoin Can Crash? (Part 2)Currency Pair: BTCUSD Time Frame: 1M In my previous analysis when Bitcoin was trading near 5.6k I have mentioned that we haven't reached at the bottom yet.I won't go thru a longer discussion here. At this time there is too much selling pressure. Earlier I have mentioned that if we break 5.4k we will face a massive massacre. Now 4.4k is a possible accumulation zone. If bull fails to push it up from there we will face the second major support level at 3.9k, after that third major support level 2k will come to the scenario. You have to remember at this stage we haven't any strong support on long-term view (till Q2/Q3 of 2019). We only have very strong resistances. Breaking of support level 2k anytime may lead us to 400 dollars only. On the other hand, breaking of super strong resistance at 10k may lead us to 20k again. But I think we should be prepared to face the worst scenario in the upcoming months. Don't try to buy bitcoin when it pumps or dumps. Let me know what are you thinking which way we are heading in the comment section. If you find my post useful please hit the "Like" and "Follow" button. Remember an analysis is not a financial advice.
BITFINEX:BTCUSD
by Jhon_Dillinger
How Far Bitcoin Can Crash?Currency Pair: BTCUSD Time Frame: 1W Exchange: Bitfinex I won't go thru a longer discussion here. Earlier I had posted a technical analysis hoping for the bull run. I had given their two significant conditions one of them was to exit from the current situation if we hit 6350 below. I hope you guys did. Now everyone is waiting to see how far bitcoin can crash. Many ones are posting many signals here and are looking for a bottom, some novice already has traced out the bottom! If you ask me how far the jaw can hit the floor I will reply you that I don't know even no one actually knows cause God doesn't live here. What I can do for you is that post a technical analysis including other factors to guess which way we are heading. This is a very critical moment. Although various indicators showing bitcoin is oversold, it has not ended yet. Let me tell you something, we were on the bull scenerio just three days before cause there were many good news and the chart pattern was looking good including the indicators, but what happened last few hours? I have tried to figure it out. I guess there are less interested buyers right now to buy bitcoin at the current price. When buyers don't want to buy sellers have to sell it at low. Now consider the current situation. At this moment 5300 is the major support level for us. There's a chance to bounce back from this level. Breaking 5300 level will lead us to 3500 support level. There's also a chance to bounce back from this level. Breaking 3500 level will lead us to 2000 critical support level. According to bitcoin life cycle many big investors are probably waiting for this bottom line. In case any bounce back bitcoin has many resistances right now before going to the moon. The active resistances are 5.8k,5.9k, 6.1k,6.4k, 6.6k, 6.8k,7.1k,7.4k and the big one is at 10k. If you look at the H1 chart you can find each time is passing bitcoin is having new resistances. At this time scalping tradings at the support levels are out of risk. So, trade carefully. Every support level is a possible accumulation zone but not a buy indication. Don't try to buy bitcoin when it pumps or dumps. Wait patiently at least for the 3rd possible red candle in the weekly chart.Let me know what are you thinking which way we are heading in the comment section. If you find my post useful please hit the "Like" and "Follow" button. Remember an analysis is not a financial advice.
BITFINEX:BTCUSD
by Jhon_Dillinger
3
Bitcoin projection for 2018-2019 Bear MarketThis model uses simple arcs to match the highs and lows and project BTC explosive growth into the future. Naturally, now BTC has had it's "emergence" and as the market evolves, the magnitude of moves and the speed begin to reduce and slow down, respectively. This model assumes a linear increase in duration of bear market and Bull/Bear cycle to estimate the time for completion of the 2018-2019 bear cycle and the following bull cycle. The BTC halving events have thus far shown to be triggers for a bullish trend so mapping out the third event seems logical. The weekly RSI shows significant peaks and troughs at parabolic moves (up and capitulations) so provides a further fit. Keen to hear thoughts from the floor.
BNC:BLX
by Checkmate_9
1