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Btccrash

BITCOIN CRASH !! be carefulNo wonder a bearish outlook for Bitcoin, its Bullrun comes to an end. Macroeconomic data is not supporting it, and the SP500 is in a complicated situation. BTC yesterday broke the 30.000$ area (its structural support, changing its trend), but we can still expect a good bounce before plummeting. However, we are in an area where many are still hesitating whether to keep their Bitcoins or sell them. That's a personal thing, the best advice ? DIVERSIFY your portfolio well and try to be as little exposed as possible to the market, because here I show you a different vision. Sometimes we are used to see the chart in the same way 300 times and we always see the same thing because our eyesight is getting vitiated. But... I propose you something: I'm going to turn the chart around so you can see it better. And now I will mark 3 different BOTTOM patterns simultaneously. - Rising Wedge - Shoulder head shoulder - Cup and candle and Weekly Divergence if I remember correctly. Too many negative patterns converge at the same point, and when this happens? the highest probability is that they will be fulfilled. Bitcoin has grown a lot, so it is not surprising that we could see a crash in its price. I hope this will help to keep you safe.
BINANCE:BTCUSDShort
by javieralcazarono
BTC BULLISH !! Bitcoin DCA. WHY NOT Everyone is very bearish on BTC and the markets ( It's normal as we have the world right now ) but why don't we think otherwise ? What do you think? After a big loss of its value ( -60% ) It's time to make a Buy, don't you think? Let's not forget that after breaking the SUPPORT levels ( 30,000$ ) the structure has already changed to a Bearish Phase, so all the purchases that we make, are either to take advantage of HIGH volatility rebounds or for the HOLD lover, DCA purchases. Best of luck to ALL.
CME:BTC1!Long
by javieralcazarono
BITCOIN: Bearish Pin Bar Signal$BITCOIN ($BTCUSD) – Cash: The Bearish Pin Bar Signal triggered (WARNING ON CRYPTO: TRADING BITCOIN AND CRYPTO IS HIGH RISK, CONSIDER A REDUCED POSITION SIZE AND LOWER LEVERAGE UNTIL YOU ARE FAMILIAR WITH THESE MARKETS). Price Action: Price moved lower from the recent Bearish Pin Bar Signal that had formed earlier this week (We suggested trading this signal in the May 11th, members' daily newsletter). Price significantly moved lower from the prior Multiple Inside Bar Pattern that had formed just above the 37559 prior short-term support level (Which is now a Key resistance level and an Event Area) over a week ago (We suggested trading this pattern in the April 29th, members daily newsletter). Price moved lower from the prior Bearish Pin Bar Signal (Event Zone) that had formed just under the 42608 short-term resistance over two weeks ago (We suggested trading this signal in the April 24th, weekly newsletter and hopefully some traders got on board). Potential Trade Idea 1: For more aggressive traders, we are considering selling on a retracement higher whilst price remains below the recent Bearish Pin Bar Signal. Potential Trade Idea 2: We are considering selling on a retracement higher whilst price remains below the 37559 key resistance level and the recent Multiple Inside Bar Breakdown Pattern (Event Area).
COINBASE:BTCUSDShort
by UnknownUnicorn393254
BTC retesting channel bottom?I had a bid on BTC which was a little bit lower than that support (yellow dashed line, I'll post a 4h screenshot in the comments) and it triggered this morning, after 12 days. This just to say FIGHT THE FOMO, control your emotions! Price is currently on 0.618 Fib line, if it goes lower will reach again the major channel support (blue line). Volume has spiked only on the 4h chart which usually indicates bottom is in, but on the daily it's not enough yet to make me think so. However we still have 12h until the closing of the daily and the weekly. Indicators don't make me think this is the bottom as well. On the 4h price has hit the TMA lower band though (check comments for the screenshot). Only thing you can do now it's to accumulate with DCA but do it only when it reaches supports, so now and then only if we go to the channel lower band. Good Luck
by Shotokhan
BTC: death cross and another leg downSo, I had posted another idea days ago but it was blocked by the moderators so you missed it. Double bummer: for the rules of TV and for the fact it turned out to be on point. Let's focus on current situation: - daily candle closed as inverted cross doji which means we're going down but after it was pretty clear even before it formed; - current daily candle is crossing downward VLPR's control line - FED postponed its actions against inflation and this should be good leave things as they are (in this case bearish). The little rise of the prices of today was a relief in expectation of FED but now that FED has spoken we'll go back as I expect price to go below channel's lower's trendline (in blue) and test previous low. What I'd do: <-- this is copied from previous idea which was blocked 1) I'd start moving fiat on exchanges and buy stable coins in order to be ready in case market wakes up; <-- this was in my idea 6 days ago, but market is giving you a second chance 2) #censored# <-- that's got me blocked last time 3) I wouldn't sell at loss anything 4) I'd focus on BTC as in this moment alts are just suffering because BTC is dumping (and don't forget even even stock market is dumping and now there's a correlation between it and crypto). Bear market isn't over until it's over, in the meanwhile the wisest thing to do is to DCA what you like. I would advice you to buy mostly L1 and gems as the first hold better market dump and gems give you better returns in case of bull market. At current situation I'd avoid shorting if you're not very good at reading chart and I would avoid buying medium caps. Good luck!
Short
by Shotokhan
Why BTC will reach 10kIn this video, I explain why BTC will eventually reach sub 20k levels. BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017. Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs. Coincidence? I think not. So what do we do now? Work hard and save cash. You don't want to exhaust your cash buying every little dip. Share your ideas and let us know what you think.
BITSTAMP:BTCUSDShort
by MoonBets
14
The only hope for BTC to stay bullishRight now after breaking some major supports of different moving averages, BTC is testing the weekly 21 Moving average that is coming in around 42000. to confirm the BTC short term bearish mode, BTC has to close the weekly candle below 42000. and to stay somewhat bullish then BTC has to close the weekly candle above 43500 up tp 44200. If BTC breaks the 21 weekly perfectly at closing then it is very likely to see 38000 down to 33000. In history it has been seen, whenever BTC breaks the weekly 21 moving average perfectly then a short-term bearish market has started for up to 2 months to 3.
by abdulmajid_sarwar