Bitcoinusd
Is the bottom actually in? #BITCOIN 🧐I believe we will get our answer very soon on #BTC 25k area is make it or break it. Few Thoughts
- There's Bearish FVG that will need to be filled eventually which is above 25k.
- Reject off of 25. 19-20k is guaranteed, because of 2 bullish FVG that need to be filled .....
- #Bitcoin tends to repeat itself when it comes to price action. The last time we rejected of off that strong high we got knocked down all the way back to 15k.
- If we reject again off of the strong high, we could see price action test that low at 15k.
200 MA is key which aligns with the 25k area ‼ If we convingly lose it the bottom is in.
- With that being said..we lost it before & it was a fakeout & continued to go lower. Which could happen again.
This area 25 is gonna tell us everything.
There has been a couple of times throughout #Bitcoin history where PA was trading above the 200MA for some time.
Ended up being a fakeout & the bottom wasn't in.
So Food for thought, this could very well be one of those times, again.
Pray that 7k-8k holds the line.This is my thesis.
The current "crypto industry" resembles more the mechanics of a Ponzi scheme than anything else, even some of the most leading figures of the "industry" have spoken out about this publicly (Google "Sam Bankman-Fried reveals how DeFi works like Ponzi scheme").
Most participants in this whole thing are only interested in "number go up" this ethos has led the whole industry to be blinded from the original ethos of Bitcoin (See genesis Block). Whoever Nakamoto was, he obviously created Bitcoin because he knew that the current monetary system is flawed, furthermore he knew that it is corrupted by a small set of entities that control the money supply according to their whims, and it would be impossible to be fixed as it is, so a new one, permissionless was needed to be created.
Look how ironic, and comically it all has become, if you now open any crypto news media you'll see news about bailouts and crypto companies imploding by doing the same practices that bankers were doing back in '08, the same things that Bitcoin was standing against since its inception. The modern version of "Chancellor on brink of second bailout" is "FTX on the brink of a second bailout"
Participants of this whole sham called altcoins have corrupted and created a cloud of confusion of what this whole industry should have been about, and i get it, most people get into crypto because they're looking to make a quick buck, even the long term holders or should i say HODLers, are seeking the same thing (sell high) they seem to have forgotten or misunderstood the original mission that Bitcoin was setting out to achieve which is "A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution" irrespective of its price, the whole point was to use a mechanism to avoid being at the mercy of anybody at anytime.
When was the last time you transferred any amount of Bitcoin to another one without using any central entities in the middle?
We are due for a long and tiring market of sideways that will purge and hopefully eliminate all the excess of cryptocurrencies, that were created during the last years of get rich quick intoxication, insert your preferred alt here. Everyone who participated was responsible for and most who are unaware think that the worst is over with a Bitcoin price at 20k, they haven't looked at Bitcoin domination stat and see that it clearly shows everyone is still in a state of denial, even smart folks are wishing for another round of FED goes brrrrr just so that it helps their bags, regardless of what it will do long term to the health of their country. (Weimar 2.0)
Be realistic and honest with yourself, What will Solana cellphone do, that another high-end Android cellphone won't be able to do?
Yet Solana is still pumping against Bitcoin on such a horrid announcement.
This is why Bitcoin may go below 10k once again, the reckoning is coming and soon most participants will understand that their beloved shitcoins are just that, shit.
Red wiggly line on chart is the best case scenario imho, below 6k is worse, and we will experience our first crypto price reset ever.
Good luck and be safe.
BTCUSDT 3HR REVERSAL TIME SOON.Currently forming a falling wedge which is a bullish sign, meanwhile if we check on the last 3 days we could notice that we have been forming a one time-framing low on the Volume Profile so we might need to retest down a little bit more. We believe that 21770 - 21555 Would be a good entry for bitcoin longs, it will be the area where we "Might" break above the falling wedge.
BTC: Short at high levels and long at low levels
Yesterday, Bitcoin fell below the previous low during trading, hitting a new low. This indicates that the first phase of the decline is complete. However, there is a flaw in that it is still 500 points away from the critical support level of 21500. The probability of a rebound at this point is gradually increasing, but since the trend is still bearish, shorting at high levels is still the main strategy.
The trading strategy is to short at 23600, with a stop loss at 24200, and a target of 21500 to 21400. Alternatively, if it falls to 21400, go long with a stop loss at 20900 and a target of 23600.
Don't let past regrets interrupt your current plans, and don't let anxiety and worries disrupt your steps forward.
As winter fades into spring and the sun rises and sets, every moment is precious. By appreciating the present and living each moment to the fullest, we can reap the rewards of a rich and fulfilling life.
#BTCUSD - Time to Liquify Some Bulls?Well, here we are, after a massive #BITCOIN pump over the last month or so, with a fresh Sell signal from Crypto Tipster v2.
There's a strong descending trend line acting as resistance right above current price, and a few levels of support on the flip-side.
If we can break below the support @ $21.5k it looks to us like the price is going down to at least $19k, maybe further.
Either way the path of maximum pain would be to liquidate some ultra-long bulls right now, giving us a nice 10 or 20% profit from this short!
What Do You Think?
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Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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BTC Daily Chart - Falling Wedge Pattern - BullishI'm looking here at some BTC chart patterns to give me guidance on the overall crypto market. I see a falling wedge and uptrend. Some say to watch out for the double top (indicated as a dotted red line), but that "top" was back in August of 2022 and that was a totally different macro time. I think they are too far apart to be a double top, it's more like resistance at 25K.Disclosure: I trade and accumulate BTC and alt coins. Our web3 game project CroozeNFT. io is built on the Polygon Blockchain and we are invested in its erc-20 and NFT tokens.
Bitcoin Update - Full AnalysisDear followers,
I have been away from tradingview for some time as I have been focusing entirely on my own private channel, Pro Club. However, I have found the time to offer a full video analysis of what i think is happening with bitcoin right now. I hope you enjoy it.
Those wanting to find out more about Pro Club can visit my website missedamillion.club
Analysis of Bitcoin price / Altcoins /BTC.D and USDT.D dominanceThis trading week may be relatively calm.
Continuing the global idea published last week, we assume that this week will be a sideways movement to the right for Bitcoin price in the range of $22-23k.
$23,000 is a critical level, and if buyers fail to secure the price of BTC above this mark during the week, further decline is inevitable.
The first targets from below are the $20726-21026 trading range for BTCUSDT price.
In our opinion, this trading week can be used for two purposes:
1. Exit from altcoin longs at more favorable prices than they are now
2. Search for potential entry points for shorts. Entering a short can be both for the purpose of a full-fledged trade and for the purpose of hedging your current long positions.
The BTC.D chart shows that Bitcoin's dominance has all the prerequisites for continued growth
USDT.D chart shows that the dominance of stablecoin has a growth potential of +15-20%
Our interpretation of the information from these charts:
"In the worst-case scenario, which we should prepare ourselves for, crypto community members will be moving out of crypto assets to stablecoins. At the same time, the price of BTC may fall much less than the price of other altcoins in %%, as the dominance of BTC will grow. We consider the chance of a -25-50% drop in the prices of most altcoins by the end of March to be quite high."
We also recall that starting from 10.03.2023, the US macroeconomic indicators, which now strongly control "the move direction" of the global financial markets, will begin to be announced in a cascade. There will also be important crypto options expirations at the end of the month.
But we will analyze all this in the next idea for BTCUSD
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Bitcoin: Long at this position
Hello everyone, after a big drop, Bitcoin has been consolidating and today I'm sharing my view on Bitcoin using a 15-minute chart.
As you can see on the chart, there are clear and regular box ranges. Since there are such clear signals, we certainly can't ignore them. I have marked the specifics on the chart, and it will be clearer for you to compare it.
My trading strategy is to buy in the current range of 22300-21800, with a target near 22900-23800. This is relatively certain, and the probability of profit is relatively high .
The reason for this trading strategy is that I believe Bitcoin will rebound to fill the gap created by the recent big drop.
Thank you for your attention and support. I will continue to update my trading strategy. If you have any questions, please leave a comment and I will help you with the most reliable solution in a responsible manner.
Have a great day!
Important Bitcoin Alert🚨IMPORTANT BITCOIN ALERT
1HR Timeframe,
We know that the 0.618 Fibonacci level is full of sell orders at the moment and we will see. It will be very hard to break, a lot of people are trying to catch up with the dump from there. Knowing that Bitcoin is BEARISH on the mid-term timeframe. So I believe that we will see a good short position from there.
LIMIT ORDER that should be set and not forgotten.
Limit: Bitcoin
Leverage: Cross x20
Entry: 22750 - 22868
Targets: 22483 - 22041 - 21057 - 20500
Stop loss: 23212
Nonfinancial advice
"BIG SHORT"probobly in the next two days meanwhile the fed meeting is being held bitcoin starts to goes up and this is best chance for us to find "short" positions.
this crash is gonna be huge and i think we are going to see a new low since 2 years ago.
Short position:
entry: (23575 : 24600)
sl: 24600
tp1:18460
tp2:13930
#BTCUSD - Drop back to 18.5k seems likelyWith a fresh Sell signal from Crypto Tipster v2 on #BITCOIN and a strong descending trend line to push the price downwards, we can see 18.5k coming very soon.
The real question is How Much Lower Will it Go? If at all..
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What Do You Think?
If you enjoyed or agree with this idea - drop us a comment, like & follow! 😀
Ideas by theCrypster meet the guidance notes and disclaimer as mentioned below and within our website. See Signature for more info! ✌️
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Crypto Tipster v2
theCrypster
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Sell BTCTriggle Price: 22510-22530
SL: 22650-22700, About 150-200$
TP: 21250-21100, About 1300-1500$
Short term Trading, Great Profit/Loss ratio !!!
Bitcoin short-term update - BTC at $24,888 see ideas from Aug 22Bitcoin short-term update
(a) BTC overbought with perfect bounce at $24,888 - see my tweets from August last year👀
(b) correction to bearish target at around $23,455 would be healthy at all🐻
(c) next bullish target at $25,363🐂
Have a great day dear Crypto Nation😎
Let me know your thoughts in the comments🤗
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Disclaimer:
Not financial advice
Do your own research before investing
The content shared is for educational purposes only and is my personal opinion
KINGUSDT ChartCurrently forming Cup and Handle pattern, this coin has got low marketcap, good chance of pumping soon.
BTC/USDT Is comeback possible?BTC just bounced on bottom trend line for 3rd time and apparently it is retreating quite strong. Of course, breaking trendline and dip even further is possible, but is bullish triangle comeback is possible? If bulls pull this off, it could be really huge for crypto market. Wish you the best!
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#BTCUSDT Very Important Update.Welcome to this extensive analysis everyone.
We have been nailing every single Bitcoin Update this year.
Hope you are following me on all our social platforms.
Now, let's get to the chart!
Bitcoin is currently trading right below the 200 WMA.
This weekly closed right below it.
Probably you have seen this chart before but I just want you to understand that this is very important for BTC to break and close above this MA.
It has always been the Bear Market bottom indicator and currently, it's the resistance we need to break through.
If BTC wants to start the rally, It should break in in Q1 of 2023.
We just have a month left for that.
Meaning 4 more candles.
Unless that happens I won't be doing too much leverage trading and stay mostly in BTC and Stables.
Lower Support lies between $19.8k and $20.3k.
MY NEXT UPDATE WILL BE ABOUT TEH ALTCOINS.
Make sure you follow me to avoid missing the same!
What's your plan?
Have you decided yet?
Let me know in the comment section.
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Thank you.
#PEACE