btc bitcoing selling opportunitybtc can go hell down from current price we can expect long leg down from current price
Bitcoinforecast
Bitcoin-Don't try to catch a falling knife, sell rallies insteadTwo days ago I warned that Bitcoin could fall and since then, the price has lost more than 20%.
After such a dive is normal to expect a correction and this, indeed, is very probable.
However, if you are a short-term trader and you are not a buy-and-hold one, trading against such a strong move is extremely dangerous.
Considering the importance of the break after more than 4 months of consolidation the safest way to trade is to sell rallies.
At this moment 18k-18.5k represents a strong ceiling and in this zone (if is reached) traders should look for selling opportunities.
In my opinion, Bitcoin has not reached the bottom, and a new wave of selling will follow an eventual correction.
Decision pointIt's time for the market to make a direction decision again. No one know until it happen.
BTC Bitcoin Triple Bottom If you haven`t sold the regional Double Top on the Bearish Flag chart pattern:
Then you should know that now we have a Triple Top Bullish formation.
I expect BTC Bitcoin to make a bounce before retracing at the $15300 level before the year end.
Looking forward to read your opinion about it.
BTC, DXY, TNX - The Bear MarketHello friends,
Today I want to share some prior posts of BTC (Bitcoin), DXY (US Dollar Index) and TNX (10 Year Treasury Yield) that show how I came to my conclusion to liquidate my crypto and stock positions in December 2021 and share the same concerns with my community since November 2021. From this point, I still personally feel we have more downside to go in the crypto, stock, metals, and commodity markets.
Each of the charts below can be clicked on and viewed separately. I would recommend reviewing and understanding the charts and learning the indicators and oscillators. @TradingView is very useful and I recommend everyone learn to chart and understand the charts.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Damn! I see trouble out there. Check this out. Events like FTX are baked into the deal. Insiders usually take advantage of such real-world events -- that inevitably happen -- to drop the price even further. This might not have been part of the plan but it was the excuse that the price manipulators needed. The fact that all coins were pumping hard for no apparent reason leads me to believe that the insiders knew this was coming. A lot of money was made shorting and stop-loss hunting over the last two days. This was a masterclass on market manipulation.
Now, what is alarming is that looking at the 1 month view BTC has been on the upward trendline that you see (Thin faded line going up) for 9 years, and for the first time there is a clear trend violation and a new downward momentum trendline has formed (the thick white line pointing down). Bitcoin needs to pull up very soon, we can not close the monthly candle below that old trendline, we can have a wick below it but closing under will put us on a downward path that may take some time to stop, this is very concerning. Where will all of this end? Maybe the 100MA on the monthly can provide support at 12K, or maybe 5k can stop the bleeding.
The good thing about meltdowns like this is that you now have a very good idea regarding which coins are strong. If ONE, MATIC or DOGE reach very low prices they are worth looking into. We know they have strength, we know they will bounce high and quickly.
VERY IMPORTANT: Hitting the "Like" button is like a tip, please don't forget to do so after reading, this is your way of thanking me for my time and so I thank you for yours.
Bitcoin Forecast after the Elections The first price target from the previews chart was perfectly touched:
Now i expect either a drop to $14850 by the end of the year, or a small price increase followed by a dump to $17160.
Looking forward to read your opinion about it.
WHEN IT TOUCHES THE 1/1 IT'S OVERWhen bitcoin touches the 1/1 line on the gann fann, the bear market will be officially over.
Good luck folks, this thing is going to rip upward and people are going to ... well who cares right, we all make our own decisions, sometimes at least.
Let's get it!!!!!
Woot
Bitcoin is head up or down?Where is bitcoin headed ?
3k up or 3 down ?
What comes first 20,000 or 14,000 ?
Let me know your thoughts in comments.
BTC Bitcoin: No Hopium DiscussionHello friends, today I am completing a technical analysis on the 1D linear scale chart for Bitcoin ( BTCUSD ), a cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted.
#CryptoPickk notes the following:
1) The Bitcoin price has been in a rising wedge pattern since the end of 2020 around the period when the Bull Run started.
2) Recently, the price formed an All Time High and has been correcting since that point. This has also created a Double Top Pattern (bearish) as well.
3) In the chart are two support trendlines as well as two support areas where the price will hopefully bounce. If BOTH support areas are lost, the price has the potential to get back down to the sub-$30K levels. This would also show a breakdown from the rising wedge pattern, with possibility to take a steep fall to sub $5K levels.
4) There is a multi-month Bearish Divergence as well with the Price showing HIGHER HIGH and RSI (relative strength index) showing LOWER HIGH.
5) The two support areas are key for Bitcoin to rebound and make a new All Time High and hopefully break the wedge pattern upwards.
6) The analysis may show BEARISH signs, but you need to consider many other factors including traditional markets (SPY, and others), commodity prices (Gold, Silver, and others), interest rates and inflation, Bitcoin Dominance, Crypto Market Caps, and much more.
7) Everyone wants to see higher prices, but being realistic is key when trading and investing.
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
What is happening to Bitcoin and Crypto?!! Wow.... I think that yesterday is a day that no one was expecting and was ready for! As we are seeing Bitcoin making newer lows due to the bad environment we cannot tell what is about to happen next. But we have some data to look at.
We are seeing that BTC wallets with 10k BTC are making a new ATH and they are not getting liquidated. Most of the people are interested in opening a low the moment BTC hits a newer low resulting in a strong bounce back up. The DXY is on the edge of falling down just like the Yields. Tomorrow the CPI numbers will get released so expect even more volatility in de markets.
Trade safe and don't let emotions take over your trading decisions.
Btcusd ready to touch the floorHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about BITSTAMP:BTCUSD
We can see formation of falling battern
So we are expecting a strong fall near support.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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Bitcoin Chart Review For Bottom SupportToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD).
A very simple chart showing where the next support region is in case Bitcoin begins a free fall. The $13.5K-$14K region has strong prior support as shown in the chart.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
Bitcoin Can Hit 14000$ Today or Tomorrow Bitcoin MARKET UPDATE BY
Bitcoin support levels $17,150 and $17,800 strong Support (buyers available at this position)
Bitcoin resistance - $18,600 and $19,600 strong resistance (sellers available at this position).
Crypto market depends upon Bitcoin movement I updated you about Bitcoin so trade with risk management.
———————————————————————
Analysis -
Bitcoin experienced severe sell pressure today as it ended its daily candle below the 18600 dollar mark and attempted to breach that level but failed. Bitcoin is currently trading close to the 17150 dollar level of support. Our current market cap support zone on the daily chart is at 813 billion dollars. If we close above that support level, the market could have probabilities to move upwards. If we close below that support level, closing below could be bearish, and the next support level would be at 762 billion dollars. The release of the CPI Report, which is scheduled for tomorrow, Thursday, November 10, 2022, at 5:30 PM Pakistan time, will influence the market's course. Please stay away from leveraged trading as the market is quite unstable.
🧨The best price and place to Buy BITCOIN🎁🚀🔰You can see the analysis of Bitcoin in the weekly time frame (BTCUSD_ 1W) 🔍🧨🧨
💥Considering that the price has managed to break the Down trend line🖤, the best price and place to buy Bitcoin, the meeting point of the Down trend line🖤 (to ❗pullback❗ to it), the Dynamic support line💜 and the Support area🧡 located at the price of $13,700-13,500 🔺🚀
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉______
Bitcoin Crypto-Soap Opera Saga with FTXInv Cup and Handle formed on Bitcoin following FTX and Binance soap opera drama.
With investors and institutions being spooked out of the crypto market following the accusations of FTT being insolvent and with Binance CEO selling over half a billion US dollars, this is the reason why we saw other major cryptos like BTC, ETH, USDT, and FTX crashing like it did...
First target $12,759
BTC/USDT In Freefall - $14K Incoming? 📉🚨Wow... What a crazy past few days in crypto with Binance and CZ gobbling up FTX.
This along with insolvency rumors not just at FTX, but other large exchanges is causing a serious meltdown across all cryptocurrencies. ❌
Looking at the Bitcoin 8H chart, we see that we just crashed through a major support zone. This goes in tandem with our mid-term thesis that Bitcoin is in for more pain. 🤝
We're looking for a local bottom around $14-16K.
Still a volatile week ahead with CPI and elections finishing up.
Stay safe and eyes peeled! 👀
Bitcoin Analyze (Short Term, Timeframe 15min,11/09/2022)!!!Bitcoin broke the support zone and is currently pulling back to the trend lines and this zone.
Also, we can see the divergence between Price and Volume.
I expect that Bitcoin will touch at least the last bottom (17166$).
Bitcoin Analyze ( BTCUSDT ), Timeframe 15min⏰.
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy, this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC Max Pain BTC / USDT
From all previous updates we believe bottom is close But look here at chart we can see a high potential move to break recent low at 17622$ before any bull rally
But Why ?
This area has high liquidity and many traders place their stoploss below this level (market makers know this well ) - also in fundamental with dollar index keep rising crashing all others assests like GOLD - BTC - other currencies
Also check here my previous idea
Fractal between late 2022 and 2018 bear years:
Do you agree ?
Share with us in comment section below ⬇️
Bitcoin entering a long period of Wyckoff accumulationSo the bounce idea has been canceled by Powell. Awesome times we live in, where one single individual can dictate the direction of entire markets.
And since BTC is very strongly correlated with the stock market (unfortunately), this means that BTC is just following the general direction of the stock market.
And since the FED appears to be very hawkish, this means that the Bounce scenario is now all but ruled out.
I personally now favor a Wyckoff accumulation pattern such as last seen on a long timeframe in 2015. Basically the whole of 2015, BTC was hovering around 200 USD plusminus,
and only in late 2015 did BTC start to enter the next bull phase.
I think we'll get something similar this time. As soon as inflation has sufficiently fallen, the FED will halt raising interest rates, and the markets will enter the next bull phase, and
so will Bitcoin. Let us not forget that the halving approaches fast, in April 2024.
So i foresee the next peak in late 2024 or early 2025.
I also don't see a huge stock market crash like many, because if too many people believe that something will happen, then it won't.
In this accumulation phase, BTC can retest the low at 17600 at least one more time, but normally it should hold. I think the next BTC peak will be in the 200k ballpark. BTC doesn't perform
as well any more, as we would like. Last time we "only" got a 23x from the low to the top, now I think a 11 or 12x from the 17600 low is the best we can hope for. Law of diminishing returns
in full action here!
That is my current view :)
New Bullish Cycle BTCUSDIt appears from our algorithmic analysis that BTC/USD bearish cycle is nearing its end point and would stabilize at equilibrium around 18,100 mark whereby it is expected to take new Bullish Cycle and slowly recede to higher high we expect 26,000 mark to be achieved before the end of December.
ETHUSTDETHUSTD giving us opportunity in waving where spot trading will give massive profit
before trade minimize your risk with risk management
