BTC Sell the resistance.Bitcoin - Intraday - We look to Sell at 39488 (stop at 40303)
Daily signals are bearish.
Preferred trade is to sell into rallies.
40330 has been pivotal.
Bespoke resistance is located at 39500.
20 4hour EMA is at 39300.
Our profit targets will be 37505 and 36605
Resistance: 39000 / 39500 / 40500
Support: 37500 / 36300 / 35500
Bitcoinshort
BITCOIN Emergency Analysis (Update)🟢 Bitcoin broke the support of 41,300$ and EMA 200 started to dump from there. BTC was also unable to hold the 39,400$ support area. BTC needs to reclaim the 39,400$ and hold above it. The next support area is 38,200$ and the major support is 36,300$ area. We may see high volatility in the market during the weekend.
⚠ This analysis will be updated.
✍ Analyzed by Amirhossein
📆03.05.2022
⚠ DYOR
Short Term Bitcoin Prices => Time for a Healthy Break or Not ...
We are following the fastest flow-line (called Max flow-lines on the chart). If we cross the B1-$45855 point before the evening of March 4, we will maintain the maximum upward momentum that could bring prices to around $58,000 before March 15. There are still steps to take to validate this scenario!
For the moment let's see how prices will oscillate or deviate from this Max Flow-lines (the Price-Time slopes of these lines are calculated by Physicaleconomics concepts independent of the market geometry).
For the moment we are oscillating around the Long-term Moderate Flow-lines .
In the short term, we are at the top of the range (red dotted line), prices will have to work this level and after the rapid rise of the last few days, it is time for the markets to breathe in order to resume a sustainable rise in parallel with the hunt of the shorters.
In the short term this week, it is likely that we will see a correction between $39,400-$41,100 ( See red-box on the chart) at the end of the week before resume a bullish momentum to regain the Long-Term Moderate Flow-lines (in blue on the chart).
Xavier
BITCOIN FEBRUARY CRASH - BTC/USD
The trendline from the wicks match exactly with 2.272, 2.414 fib extensions and the technical target from the falling wedge.
I believe BTCUSD needs to spend some time between 28k - 38k, more so inside 32k - 38k levels.
It might also bounce from the upper trend line which coincides with 0.5 0.618 levels, 39 40 is also psychoologically a bouncy level.
Another option is around 33k where BTC recently bottomed and it lies inside what I call fibonacci golden pocket between 1.272 - 1.618 levels.
Nevertheless here are the targets a little closer.
Don't forget that if the top of 44613.68$ is broken the fib extension should be redrawn and all the levels would change slightly.
All of this would be invalidated if BTCUSD closes a day above 52k or ends the month over 46.3k.
The reason behind 52 is that it is the 0.618 retracement where higher than this means most likely the dead cat bounce scenario will not play, and secondly 46.3k Feb would print a bullish monthly candle
BINANCE:BTCUSDT
BTC.USD P-Modeling Pt 81-B. Cajun Valley of Black SwansWelcome Hyperspace Travelers..
I have been eagerly awaiting to post this when I felt the time was right...
This is Part B of #81.
Please See Part A so I can confuse you more.
PLEASE SEE IDEA ABOVE BEFORE CONTINUING^^
Or else you simply won't understand the HOW or WHY of this chart.
This is the SAME chart as PART A.
These are all the SAME fractals used.
This Idea is based on a 1 Day Time-frame.
Fractal Timing Error Allowance: 2.3 Week.
View the Following.
__________________________________________
Supporting Charts active are:
BTC Dominance -
BTC.USD
A component of the Fuel:
Big Rise in Bonds ---> Big Money rushing to safety.. Panic...
Dying Oil.. to new lows on WTI..
Significant Rise in Covid-19 Deaths soon..
See time series snapshots in order to view full picture on each one of these ideas.
If you look closely, even the failed charts have useful information if you look closely. And even more so, if you look closer you may realize they all draw to a very unique narrative.
_________________________________________________________________________
My biggest catalyst and very crucial component of BTC's black swan event is COVID-19 AND a very very bad sequence of events killing the stock market to fresh lows of $1450 on SPX by election time:
You would think BTC would be the "safe haven" but i think differently... I think all channels of exit will be meticulously collapsed.
Whatever is about to happen, basically all the important outlets are going to collapse and money will have few places to go. Most will be Eviscerated. Many will just Hold thru the gauntlet. But.
IF they were to collapse all at the same time. It would create a global black swan event.
A Black Swan Event is a cyclic reset of global asset classes in order to achieve a new baseline shift.
Catalysts for the Black Swan Event:
______________________________________
-Wave Two of Covid-19.
-Eviction Crisis of 35 Million Americans.
-Systemic Bubble Collapse from Horrendous US Presidential and Congressional Policy.
-Presidential Transition
-Unemployment reaching 20%+
-Major Disruption of Industrial Chains from Covid-19.
-Major Disruption to Mining.
_____________________________________
Wave Two Trajectory of Deaths from Covid-19:
Best Case: 1.5 - 3.5 million dead in USA alone.
Worst Case: 5 - 15 million dead in USA alone.
The horrid response and ignorant disregard to scientists and their warnings; is going to lead to over a million deaths .
UNLESS WE CLOSE DOWN NOW. (which is not going to happen). And I bet a 98% of you will laugh at me as you read this. I already know that. But Just imagine..
These estimates are 1.5% and 3% mortality rate across ALL age groups, including children.
______________________________
SPX Low: $1450 by Mid-November. This idea has us repeating the INVERSE of the FEB-MAR 2020 drop of the SPX, 2x in a row. Please See SPX idea from above again^^
BTC Lows: $955 before by Mid-November being conservative. This idea has us repeating the INVERSE of the 2017-2018 run up to 20k.. So this fractal and path you see laid out before you is not "made up". Its taken from the past data.
______________________________
Major Transition of Power will lead to a Boom in Crypto as we begin the jump into the 4th industrial revolution.
This is my prediction for the incoming election and I already know you think it is not going to happen. I believe otherwise.
Bernie Sanders will REPLACE Joe Biden and defeat Trump in the 2020 presidential election by a LANDSLIDE victory of almost 80%.
Trump will be forcefully removed from the White House after his loss.
Mass civil will unfold due to the black swan events. They are coming..
These next few months are going to be legendary, cruel and very sad.
If we hit this version of the black swan drop. It will be pure despair. The other model shows a more conservative estimate of mid November. Then by Feb 2021 we will have broken ATH's on BTC. This is going to be a VERY vicious cycle of moves... Everyone knew the day was coming when crypto would be accepted. That time is extremely near. I believe in cryptocurrency and blockchain technology. But those that have big hands, want the "godlike prices". And they are going to get it... And it will actualize with a move that once, seemed impossible but actually did finally materialize.
Meh what do I know.. I am just a silly scrub with crayons.. :) Eye bleed factor is a 10.
Buckle Up... The spring into the 4th industrial revolution is upon us.. But first.
The Global Black Swan Event.. Happy Hunting..
Welcome to the Paradigm Shift,
Glitch420
Bitcoin Swing Bearish bias! sell!Bitcoin Swing Bearish bias! sell!
Bitcoin has been trading in an uptrend
But then it broke the 41800 area and broke the long-term ascending support level
The penetration is decisive
Which makes it in a downtrend according to the sub-channel after retesting the previous area 41800
I think it will continue to decline
Bitcoin Sell the Pivotal Value.Bitcoin - Intraday - We look to Sell a break of 41488 (stop at 42323)
Daily signals are bearish.
Bearish divergence can be seen on the daily chart (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
41575 has been pivotal.
A break of bespoke support at 41500, and the move lower is already underway.
Our profit targets will be 39222 and 38322
Resistance: 43000 / 44000 / 44500
Support: 42000 / 41500 / 41000
BITCOIN Bearish Signals!What's up Everyone! 😃
I hope you are all having a successful Sunday!
Russia Ukraine:
Things are looking bearish in general when we consider the situation between Russia and Ukraine and how traditional markets reacted to those news with a panic sell-off on friday before markets closed. Bitcoin in it's usual fashion followed the trend and also took a bit of a hit before the weekend. As for now we are moving through the weekend sideways.
FED Meeting:
In addition to the war that could potentially break out, the FED have called for an emergency meeting on Monday. A lot of indicators are pointing to more hawkishness around the rate hikes and that the first increase could come in the inmediate future.
Make sure to keep an eye on the news and other markets, specially on Monday 14th when Stock markets open and the FED meeting will be held.
Let's hope expectations are way worse than the truth, in which case we could see a nice pump next week!
THANK YOU for your time!
Like 👍 = 😃
Comment 📜 = 😁
Happy Trading ✌♥📈
Russia Fears Can Create Buying OpportunityI would say the double top at 45k is extremely bearish. BTC will attempt to make a higher low around the 42k "Bart" pattern but I think it will tank right through due to some geopolitical fear. All markets are impacted by the threat of war but that's just it: a threat. The threat will continue to drive prices down until the 30-35k floor is once again tested. BTC holds this level? Super bullish. BTC breaks this level? Retest of 19k range is the next major support.
Bitcoin Analysis Update📊 #BTCUSD (Bitcoin)
🕒 Time Frame : Daily
➖➖➖➖➖➖➖➖
Bitcoin is trying to test the 45000$ _46800$ and may be facing little sell-off over there. $44,350 - $46,000 would be major resistance, which will take time to break. In case of rejection, we can see a drop to $42,000 as a retest of support. Use proper stops in trades as the market may become Volatilein the coming days.
➖➖➖➖➖➖➖➖
👤 AmirHossein
📅 02.08.2022
⚠️ (DYOR)
Bitcoin: Ski-jumping 🎿 Bitcoin is totally caught up in the Winter Olympics. It has climbed into the upper half of the turquoise jump between $39212 and $46233 and right now is observing the wind regime to decide whether it should go a bit higher still or jump already.
We still grant Bitcoin some room to finish wave in magenta at the upper edge of the turquoise zone, but it should not rise above $46233 to maintain our primary forecast. We expect it to jump off and float downwards, aiming for the perfect landing with wave in magenta.
Will Bitcoin continue this climb ...!Will Bitcoin continue this climb ...!
In my opinion not ...!
I will not explain much. This happy climb is a Short Squeeze in my opinion. In addition, three historical and technical resistances stand in its way.
Again, I do not think that Bitcoin will show a bullish rally until it touches around $ 31,000 to $ 32,000.