Btccrash
BTC CRASH !!! (Give it some thought)NOTE: This is not a trading idea, yet more of a overdramatic fundamental outlook As countries continue to ban BTC /BTC mining /Crypto Exchanges
There has been massive manipulation the past year in the world of crypto. Institutions clearly understand the value of crypto currency. I wont sit here and say I have it all figured out. However, as the economy continues to collapse and debt increasing along with new formulas to account for inflation. Its very possible we can see an epic crash in the crypto community as the worlds top 1% make a few adjustments to their portfolios. We must understand there has been a massive shift in wealth over the past year or two til this point. From reputable strong hands to significantly weaker hands much due to the digital age where we would suspect the youth and techies to dominate.
Although wealth has shifted it is not wise to forget there are several old money players yet to voice their move. Diversification could actually be the shakeout smart players are looking for, think it is likely they have much more assets that will allow for them a longer wait time before making their entry. I will admit $6k - $10k could be a bit dramatic. However, use case for BTC and crypto could be pretty for the next 3 years as much traction is gained in the community. This could be a very long re-accumulation period.
As you may have noticed. Social media has been a tremendous contribution to the rapid growth within the crypto community. Mainly suggestive tweets, celebrity endorsement, and personalize token/coin creations. All performed by those who have massive mounds of liquid capital to invest, re-invest, and hodl.
Crude Oil industries could possible accumulate the greatest lost ever seen by the year 2025. California will have its commuters in fully electric vehicles within the next decade. Not long after many other states will follow the same suit. creating a larger demand for renewable and clean energy sources. Think of the transition itself. Oil will become a high dollar ticket item for sure. As it becomes scarce the value of EV will increase rapidly creating a higher demand for all tech industries to rapidly develope techncal integrations from the EV's into our phones as well as our livelihood.
What we have experienced the past year is a teaser hinting to the inevitable conclusion we have been teased about through the generations.
If the above information holds and true weight, I would suspect massive downsides in the near future to account for a new structure of power by governments and Tech industry leaders.
Just keep this in the back of your brain for now.
SIDE NOTE:
ETH = Energy (Think on it)
Watchlist for this though
Tron
Doge
ETH
BTC
BAT
LINK
VET
OXT
TESLA
SPCE
Coinbase
XRP
XLM
BINANCE:TRXUSDT
BITFINEX:DOGEUSD
BITSTAMP:ETHUSD
NYSE:SPCE
CAPITALCOM:OIL_CRUDE
btc crash phase 2 loading...market move start when every one convinced that they are in right side...
moonboy long on knowledge, short on market...
time to see price is runing and we have to get on back track before it take verey late...
every damn accumulation have to consider distribution for god sake
BINANCE:BTCUSDT
TOTAL2 Altcoin Market Cap Expected Bounce SoonI am expecting Altcoin Market Cap to bounce soon and reach at the peak point around 1.8 - 2 T $. I do not think that this is the end of bull, I think that we are still accumulating for the longer and stronger rally. Many coins have not even reached their ATH level since 2017, and market has many times more money than it had in 2017. I'm expecting a bear market after there will be really euphoria and nearly every coin reaches their ATH level. I'm not selling anything, I am just hodling. Greed and Fear index is at 11 which means that it is a buying opportunity. If you are a small investor, do not follow other small investors, follow the big buddies. This crash happened because of fear of the small investors, but for whales it's an opportunity to double, triple their wealth. They are buying from you for cheap prices. Be clever, chillout and rest.
Sell-off! What will it take to find the new bottom?First of all, I would like to thank all of my followers for your messages, questions and your support! It is unbelievable that in just under a month I gained over 380 followers! 🏆
So, it is Friday - how will we close this week?
Although I have seen sooo many people unhappy about the recent price drop, I would have to say: Please don`t worry. It is a good thing.
Just think about it, all cryptos have been in an unstoppable bull run since November! At some point correction was inevitable. Of course, it would have been ideal to have a sharper 3-day sell-off and get back to business right after. But markets do not work that way. There will be uncertainty days in limbo and there will be a few "dead cat bounce" days too. This, unfortunately, means that a small dip is stretched to a week. And unfortunately, a week of poor market data can trigger a further sell-off.
The key questions remain: How much longer will we remain in this "sell-off" phase? What will it take to find the new bottom so that the market could move on?
How much longer will we remain in this "sell-off" phase?
For all the data analysis that I have done this week, there are only 2 things that stand out for me: Uncertainty and low demand. The last month of super over-hyped and over-priced market ran out of steam. Even our usual high profile hypesters are quiet at the moment. Everyone is waiting for the dust to settle. Since it is Friday, it is likely that many investors will be closing their books at a loss today and it would be absolutely reasonable to expect that this trend will continue into the weekend.
What will it take to find the new bottom so that the market could move on?
One interesting fact caught my eye - if you look at the last 7 days data. There were a few "blitz dips", meaning that it dipped for a few seconds and bounced right back. Almost as if testing what is the bottom to lead the market down the road. Sadly we already know the reason for that. From my previous posts, we have learned that exchanges do that to liquidate their customers and make a quick buck! But, if you take those few "under a minute" events out of the data, you would see that market has been consistently going down. Maybe what we need is a 20-30% price dip without instance bounce? Maybe just letting it settle for a day or two and pick up demand from there would get us out of this limbo?
Today's technicals:
Position is Neutral (probably just keep an eye for the next large dip to buy the bottom)
Forecasted highs are at the mid-way point of ETH $1630.
Basically, anything above $1630 will be overpriced.
Forecasted lows are plenty: Current support at ETH $1400, last confirmed hard bounce of $1350, $1280 fbb, and $1180 - a must-buy!
Have a great Friday! 🔆😎🍹
If you would like to have early access to my TA's write "Sell-off! I am buying" or "Sell-off! I am selling" in the comments down below
BTC/USDT 1 Hour Chart Fall projectionIn this idea I am doing a fractal overlay from last year's crash. Keep in mind that the crash happened at approx. the same date. I am taking profits and waiting to see what happens with the market. If you agree throw me a like and follow me for more unique concepts and ideas that keep you in the gains.
BTCUSD DROP TO 22K THEN UP TO 100K BTCUSD is currently in a bearish active sequence.
The bearish sequence in turkoise has his (C) level in the B-C correction of the red finished sequence with the current new ATH.
We have to confirmations that BTC will drop to this level. Very important is that BTC does this move to stabilise future ATH'S.
If we take the red sequence correction level and analyse the future sequence we have technical support to see a 100K BTCUSD.
BTC Starts Correction. Now let’s find suitable entry points!As predicted, BTC failed to make new highs, stopping just short of $19,500. The coin has now started an overdue correction. Now it is essential to find where it will bounce back so we can enter once again!
Support Levels
Finding suitable entry points goes hand in hand with finding the right support levels. The first support level stands at $17,000, where BTC made a small comeback at the start of this correction. This level is important as it was the last main resistance in Bitcoin's path to the all-time high. However, due to Bitcoin's outstanding growth from $10,000 to $19,500 in just two months, the correction is more severe and has already stepped past this point!
The next support level stands at $16,000. This level came into prominence this year, as it held Bitcoin from pushing higher repeatedly. This level is likely to be hit, as after a strong bull run, a mild bear market is to be expected. Currently, Bitcoin has bounced near this level twice.
Lastly, we have the $14,000 support level. This level is critical as it was the highest price we hit following the 2017 bull run until November 2020. It also acted as a major support holding Bitcoin above it throughout much of 2018. BTC may head to this level in case of a "severe" correction. Yes, Bitcoin can go lower. However, due to the strong momentum, optimism, halving, and entrance of institutional investors, the price will likely hold above $14,000.
After bouncing on one of these levels, we are likely to see revisit the all-time high. However, it may take a while before we break it.
Strategy
The 5 and 200 EMA crossover is among the best strategies on the 1h chart. With a 0.01% commission, the strategy would have made a stunning 415% return from 2019 up until the present. While backtesting is not the same as live trading, if you backtest for long enough and throughout different market conditions, then you will likely see similar results in your live trading. Therefore you can also use this strategy as your next entry point.
*THE TRADING REGIME #BITCOIN ANALYSIS - OCT 2020 TO JAN 2021*Hello Traders
We’ve decided to add #BTCUSD to our watchlist for the end
of the year.
Cryptocurrency is still fairly new to the market and lack regulation
We normally don’t trade it due to several factors however, here’s the
complete analysis and price points marked out.
It’s currently showing #bulls in charge
But keep in mind the bearish engulfing also present from $13k
Touch.
Crypto trading tips:
Be safe and take low risk(WHAT YOUR COMFORTABLE LOSING—-SCRATCH THE 1-2% theory 😂) ask me why in comments!
Be patient and disciplined in your approach((TRADE YOUR PLAN/RULE BASED APPROACH)
Don’t follow the “HERD”(HYPE/HERESAY)
Always protect your capital(stop loss)
Always only risk what can afford to lose.
The Trading Regime
COINBASE:BTCUSD
"We LOVE this game" Ouch BTC it hurtzFirst of all GZ to all bears who drove it all the way down to 4.2K
Now that BTC made its playground much larger which means volatility,
Crazy volatility is gonna continue so we need to be careful!
I have filled so early on BTC and ETH and almost all shitcoin longs stopped so my average btc in price is awefull.
That was the risk i accepted but when it actually happens it hurts a bit^^ Emotions are our worst enemy! Not the crashes, not the late triggered stops etc.
Ranges are like on the chart i need to watch btc for a while (I want to see some ranging), i'm not into longing the bottom or catching the next short atm.
I want to thank everyone who trades this crazy market with me. We are playing this game cuz we love how she moves. sometimes it hurts, sometimes it mesmerize us^^
Stay strong fam...
GLHF!
BTC TO 6000$+ or Major crash ? ALT-COIN ready to BlastHi guys, Hope All are you well. I am sorry for being late. These days I was hunting Market. Ok< Lets talk about main topic.
If your search BTC.D on Tradingview , You will get a chart of btc dominance calculated by tradingview. I will attach a PICTURE too here
So, As you can see here we reached Btc-dominance of 58.18, for me I think market will reject the level and we will reach Dominance support at 55.86. If this happen we will see huge growth in ALT_COIN ( Approx 1.5X--2X ) In this mean time Our market-cap should increase. If dominance are decreasing and market cap not increasing we will see approx 700$--1000$ drop in BTC. But if dominance deceasing and market-cap increasing we will see healthy growth both in btc and altcoin.
Now what will happen if Market cap does not increase and dominance still continue increase ? The next resistance for 61.51 if we reach there you will see btc stable near 6000$ but altcoin will crash heavily( Approx -40% ). Why ALTCOIN crash when BTC dominance increase ? Because the rest amount in ALTCOIN get out from ALTCOIN and come to BTC. Hope you undersstand.
Stay tune....I see you tomorrow
BTC USD BOTTOM SOONPlease give me a like if you have the same opinion
BTC USD it s near the 1 MONTH Deathcross after we will reach the BOTTOM,same will happened in 2010 and also in 2015(january)
MACD it s still overbought for a long time and RSI is below neutral zone
We need MACD to going at neutral zone which is 0 and curbate slowly up to remain an overral/globally bullish market
Huge support is at 2900-2100$ and this will be the bottom in my opinion because:
-Triangle target is 2800$
-This will be the 86%+ decrease
RSI near all time low