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Bitcoinshort

My own BTC theory in play?I have a theory surrounding the 300ema and 300sma, and their crossing. In my charts the 300ema is always in orange and the 300sma is always in green. In my findings so far, whenever the ema crosses bearish over the sma, there usually is an upcoming opportunity for price to go below these moving averages. In most cases, price will reverse and will correct to the upside of the moving averages. And repeat.... Here on the BTC 4H chart, we've had a bearish cross of the ema over the sma. If my theory is correct, we should se some sort of price action below the moving averages in the near future. This could be a pierce below, or temporary sustained price action (accumulation). I also just noticed the huge gap in volume on the VPVR(right side of my chart). A lot of time, price will like to fill these gaps. So, possibly that could be bottom area of the pullback if we get one, and if it goes that low. Just throwing out some ideas. Please like, share, boost, etc... Not financial advice, just my 2cents..
BINANCE:BTCUSD
by Cosmicbag
1
Bitcoin Bullish Parallel Channel - Bearish in the short termBitcoin has lately experienced a “winding down” of the bullish vibes in the market, so it makes me think it’s the type of feeling you get right before a big move. Because of how the indicators are positioned, and how bullish and cautionless the market currently is, I expect it to dump to new lows. As shown in the chart, we're in a bullish parallel channel, and I expect BTC to dump to the 57k support level, and then retest the ATH at 73k. It also shows two tops, so it can be argued that the current state of the market lies in a double top pattern. Additionally, it seems there is a bear flag pattern formed in which the price currently lies in. Timeline for the dump and the upcoming bottom is about two weeks. Also, not shown in the chart, but Weekly RSI is in an extremely overbought position, which is extremely bearish when looking at the big picture. Candle I expect the retracement to start within the next 48h.
BITSTAMP:BTCUSDShort
by CoinMajesty
11
BTC - Expecting new all-time highs soon Proficient analysis of historical patterns is paramount; failure to glean insights from the past often leads to repeated errors. This axiom holds true not only within the realm of trading but extends to broader facets of life. The narrative unfolds with the breakdown of the descending trend line, after which an ascending triangle is formed followed by a new trend movement After exiting the ascending triangle, we move to the global khai, accumulate stops (consolidation), consolidate above and follow the trend
Long
by truepersonal
5
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Education
by truepersonal
3
BTC Local top Head and Shoulder and RSI Divergence Well. It looks like Batman is poking its head on the RSI.... We have a very clear Head and Shoulders on the RSI....But not actually shown on price action. Predictive Sabers is pressing / punching sell. Liquidity Grab on 1 an 2 hr time frame has also been triggered. Sell signal and short signal have printed on multiple other algos and there is some Bearish divergence on the price vs rsi..... I'm going short now via 68K through 72K and ladder up the short.... I think its time for that final correction before the halvening. Am I right or am I wrong....only time will tell
BITSTAMP:BTCUSDShort
by BlockchainBreakdown
1
📈Bitcoin Next Stage 75K? / Trading setups (Updates soon)📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. A few hours ago, before I left the Bitcoin analysis chart. I drew two bullish and bearish scenarios for Bitcoin. Despite being late for a valid entry, I still think Bitcoin will go near the $75,000 level before the price correction. However, in the current situation, Bitcoin should not go back below the pitchfork nearest line (blue line). A bearish scenario could happen sooner if Bitcoin returns below the indicated blue line. ✌💥If you are satisfied with my analytical content, please share my ideas💥✌ ✍🐱‍👤Otherwise, make sure you leave comments and let me know what you think.🐱‍👤✍ 🍾Thank you for your support. I hope you will gain profit by following my analyses.🍾
Long
by CrazyS
BTC Downside Risk and Bearish Trend for the Next 7 Days 🌧️The cryptocurrency trend was sharply negative over the past 24 hours, as the latest US macro data signal further reasons to delay the long-awaited rate cuts. After reaching another all-time high (ATH) on Thursday, Bitcoin fell below the $68,000 threshold for the first time since March 8. Investor sentiment dipped on the news, dragging down both stocks and cryptocurrencies. Bearish clouds have swept over the global crypto market. The negative trend will persist for the next 24 hours and week, signaling downside risks for Bitcoin, Ether and most other tokens covered by ATTMO. Only Avalanche and Polkadot are set to profit from a bullish sun and upside potential in the next 24 hours, before the bearish clouds reach them as well. Follow us for more crypto news and weather reports!
BITSTAMP:BTCUSDShort
by ATTMO
COIN - Reckoning Incoming?COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and they are also going to make sure to take advantage of the recent upsurge in retail interest and start selling into the momentum.
NASDAQ:COINShort
by Goontata84
9
Bitcoin Has Reached Its Peak: Consolidation Above $60K Required Based on technical analysis and the application of Fibonacci slope/angle techniques, Bitcoin appears to have reached a temporary peak at $70,000. The Fibonacci sequence, a set of numbers where each number is the sum of the two preceding ones, is often applied in trading to identify potential support and resistance levels, as well as trend reversals. When translating these concepts into angles or slopes on a price chart, analysts can predict areas where price momentum may stall or reverse. For Bitcoin, the climb to $70,000 has aligned with a critical Fibonacci angle, suggesting that this level may serve as a temporary cap on its price momentum. To sustain its upward trajectory, Bitcoin now requires a period of consolidation, particularly above the $60,000 mark. This consolidation phase is crucial for building a strong support base that could enable Bitcoin to launch its next leg upwards. Without establishing solid support above $60,000, Bitcoin's path to higher levels may be fraught with volatility and potential pullbacks. Investors and traders closely monitoring these Fibonacci indicators will be looking for signs of consolidation as a key factor in assessing Bitcoin's ability to continue its ascent in the near future.
COINBASE:BTCUSDShort
by uoi2020
7
BTC LOCAL ANALYSISAn “OB” appeared before the ATH, indicating a noticeable reaction in that range. This involves deliberately containing further price movement, which is likely to lead to the accumulation of significant bullish positions for subsequent dumping in the opposite direction. In this range, potential entry points can be searched based on confirmations from 15m ltf I am inclined towards a more possible scenario, this is a correction to the initial FVG target in the range of 58120 to 57000 , which reflects the current decline of about 15%! The BTC distribution process is expected to take several days to allow liquidity to accumulate.
Short
by truepersonal
Bitcoin 💵:Navigating the Perils of Market SpeculationThe Temptation of the Bitcoin Mirage Ladies and gentlemen, In the vast and volatile landscape of financial markets, one phenomenon has captured the imagination of investors and speculators alike: Bitcoin. The allure of quick riches and the promise of a decentralized future have propelled this digital currency to unprecedented heights. However, amidst the fervor and frenzy, it's imperative to recognize the inherent dangers lurking beneath the surface. The meteoric rise of Bitcoin has been nothing short of astounding, but history has taught us that what goes up must eventually come down. The danger lies not only in the potential for astronomical gains, but also in the very real risk of catastrophic losses. Market speculation, fueled by greed and fueled by fear, has the power to distort reality and lead to irrational exuberance. We've witnessed the wild fluctuations of Bitcoin, soaring to dizzying heights one moment, only to plummet to earth-shattering lows the next. This rollercoaster ride is not for the faint of heart, and those who dare to participate must tread carefully. The allure of quick profits can blind even the most seasoned investor to the fundamental principles of prudent financial management. It's easy to get caught up in the hype, to chase the next big thing without fully understanding the risks involved. But make no mistake, the danger is very real, and the consequences can be devastating. As we navigate these treacherous waters, it's essential to exercise caution and restraint. We must resist the urge to succumb to the herd mentality, to follow the crowd blindly into the abyss. Instead, we must approach the market with a healthy dose of skepticism and a keen awareness of the risks at hand. Bitcoin may indeed hold the promise of a decentralized future, but it also embodies the dangers of unchecked speculation and market volatility. The road ahead is fraught with peril, but with careful navigation and prudent decision-making, we can steer clear of the pitfalls and emerge stronger on the other side. In conclusion, let us not be seduced by the siren song of easy riches, but rather, let us approach the market with humility and foresight. The dangers are real, but so too are the opportunities for those who dare to tread carefully. Thank you.
BITSTAMP:BTCUSDShort
by TrojanBible
Bitcoin available scenarios 💹 © Alt-Season®🎉For me , there are two scenarios ahead of Bitcoin 1️⃣ The price will reach a new ATH and start falling from a level that only the market maker knows (Diamond) , which after the new ATH, we should look for signs of falling in lower time frames. 2️⃣ The price should be rejected from this QM level (the level in which it is located), which is necessary for Bitcoin to be sidelined for at least a month or two to clear the market maker's purchases. 📌 Fail Analysis: price goes to higher levels ( more than three-month candle ATR) without any consolidation 🥂 Still enjoy the alt season at this level
Short
by forexvid
I Can't Believe It. I've Gone Short on Bitcoin!Traders, True to form, though I rarely do this anymore, I’ve gone short on Bitcoin. My entry was immediate after hitting that resistance level at $60500 which I discussed in the last post. Target will be $48,300 Stop out will be about $63,000 RRR is nearly 5/1 I am confident here so I’ve risked nearly 50% of the trading portfolio. But I will definitely be taking profits at every level (see chart above) along the way. Best, Stew
INDEX:BTCUSDShort
by stewdamus
5
Correction on BTC soonFor the larger Fibonacci retracement, the key levels appear to be 0.382 ($42,908.91), 0.5 ($39,779.67), and 0.618 ($36,650.43). These levels are derived from a significant swing low to a significant swing high, often used to predict the extent of a retracement after a market move. The smaller Fibonacci retracement levels are not explicitly labeled but are likely drawn from a more recent and minor swing high and low, which traders might use for short-term trading opportunities or to fine-tune entries and exits. The candlestick patterns indicate a consolidation phase after a strong uptrend. The latest candles have shorter bodies with long wicks on both ends, suggesting indecision in the market. This type of price action can often precede a reversal or a continuation of the trend, depending on subsequent candle formations and supporting volume.The presence of the long wick candles at the top of an uptrend may suggest a potential for price reversal, often referred to as 'shooting stars' in candlestick terminology. However, without clear bearish confirmation following these candles, it is not a definitive indication. The liquidity zones marked suggest areas where traders expect price to react. The upper liquidity zone is likely an area where traders anticipate sell orders might be clustered, and the lower liquidity zone suggests an area where there may be a concentration of buy orders.
COINBASE:BTCUSDShort
by BitcoinAtreides
Bitcoin can drop to 49694 USDBTC 1D chart presents two sets of Fibonacci retracement levels. The thicker lines correspond to the broader price range, with the key 0.618 Fibonacci level situated around $50,800. Potential further supports are at the 1.272 and 1.414 Fibonacci extension levels, which lie around $49,300 and $49,100 respectively. The thinner lines represent a shorter price range, mapping out an ABC correction structure where wave A is the initial downward move, B is a retracement, and a potential wave C could bring the price down to the 1.618 level near $49,694 if the current consolidation resolves to the downside. Price is currently hovering around the 0.382 level of the shorter Fibonacci range at approximately $51,100, suggesting this area as a current resistance. A breakthrough this level could lead to tests of higher resistance levels. The RSI is below the 50 mark, indicating bearish momentum, and the MACD is under the zero line, confirming the negative momentum. Monitoring price behavior at these levels will help assess the strength of the bearish trend and potential subsequent price movements.
Short
by CryptoDiabloo
BITCOIN - 4h breakdown Update to Weekly Outlook 20/02/24'Hello everyone, just a quick update to Yesterday Weekly outlook.. 4h Idea Breakdown chart: Reasons WHY Short in next 0 to 48 hours: 1 - is Lower Close then 2 2 - is Highier Close then 3, BUT it have Lower Candle High 3 - have Lower Close then 2 and Last Green Candle, BUT in the same time have Highier Candle High __________________________________________________ These are Reasons WHY I believe we are about to Short in next 0-36(48) hours at least & WHY I was yesterday slightly more bearish then bullish, but since it developed as it did, it gave me more confirmation and confidence that we are about to go Lower (Short market). Aswell, if you decide to take a trade, DONT FORGET TO USE STOP LOSS, for your own good. Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSDShort
by cryptocapitaltrading