Btc-short
Bitcoin's Crossroad - FOMC March 2022I believe this is the only way to view what may happen in the near term future with BTC price speculation.
I know twitter is full of perma-bulls saying that 32/33k will never be seen again, they could be correct, but regardless their bias shows because they are making their decision too early...
Perma Bears said we were going to 18-14k even 11k last week on Russia Fears, and the War is turning out to be worse than expected, while the market as well as BTC has shown resiliency in the face of the worst potential conflict in the modern era... Super Power Conflict... even with Gold Spiking... BTC pumps??? (STRANGE)
We will know soon what is going to happen, but anyone calling it today is at best, an over-eager trader. This point today, makes a great short opportunity... March 15th, we will see what happens...
Buy the Rumor, Sell the News? - Goodluck!
(Near Term Short, (1-3 Days out) - 35-37k retest possible... we are at major macro resistance here...
BTC/USD - Failed Recovery?- Forecasting more pain for BTC -Expecting further retrace.
30K entry target remains in play.
Shouldn't matter whether we see red or green by days end, both options should find their way to the same place by EOM.
Caution advised on all positions.
Personally I believe we need to dip further before we can effectively bounce back.
Small upshot- (if at all) over next 48hrs should be rejected.
* A break back above the recovery line could indicate a change in momentum however this seems highly unlikely - (be watching for it regardless)
As always, not financial advice,
Just my thoughts and TA.
Thoughts and feedback welcomed.
Bingaz.
Bitcoin Short position at 41500?The price of Bitcoin is compressing and could move towards 41500$ if the downward trendline is broken. If this movement is slow and in pullback style, in the range of 41500$, we will wait for the return candlestick pattern for the short position to target of 39000$ and 36500$
whats your idea?
BTCUSD - Global Economic CollapseThe Great Reset Is coming swiftly manage your risk accordingly by exiting every market.
People have been disillusioned that in the event of a black swan BTC will not follow traditional markets yet looking back at March 2020 you will see.
BITSTAMP:BTCUSD
COINBASE:BTCUSD
BYBIT:BTCUSD
BITFINEX:BTCUSD
BINANCE:BTCUSD
BINANCE:BTCUSD
INDEX:BTCUSD
BINANCEUS:BTCUSD
PHEMEX:BTCUSD
FTX:BTCUSD
GEMINI:BTCUSD
BITBAY:BTCUSD
OANDA:BTCUSD
BITTREX:BTCUSD
CURRENCYCOM:BTCUSD
CAPITALCOM:BTCUSD
FX:BTCUSD
FOREXCOM:BTCUSD
BITCOKE:BTCUSD
CEXIO:BTCUSD
TRADESTATION:BTCUSD
OKCOIN:BTCUSD
GLOBALPRIME:BTCUSD
EXMO:BTCUSD
TIMEX:BTCUSD
BITFINEX:BTCUSDLONGS
BYBIT:BTCUSDT
OKEX:BTCUSD3M
BITGET:BTCUSDPERP
OKEX:BTCUSD1W
TRADESTATION:BTCUSDC
BINANCE:BTCUSDT_PREMIUM
BITBAY:BTCUSDT
BYBIT:BTCUSD0924
KUCOIN:BTCUSDT
OANDA:SPX500USD
FOREXCOM:SPXUSD
AMEX:SPY
SP:SPX
TVC:SPX
ETH STILL BEARISH?ETH on the weekly chart is showing some signs of weakness. The trend is still broken and a good amount of selling happened when it popped back above resistance.
IF the trend continues I still see 1700-1900
Let me know what you guys think and visit my profile for more trading ideas!
BTC channel update 11, 1DJust a hunch. There is clear divergence between the Money Flow and price with Money flow increasing strongly and price projects downwards. The daily trend is also moving down from an exhausted level. Looking at the excitement in the market and the market cap strength vs price increasing it seems that BTC is setting up for a short move soon (creating a short term FOMO first). There is clear on chain data that show Whale and Institutional Smart Money are selling.
Have a nice day.