Bitcoin Wyckoff Accumulation TheoryChart made by That Martini Guy, Find the analysis of this chart on That Martini Guy YT Channel
BTCGBP
There’s downside ahead The cross will bring downside
If we bounce off mid 20k great-
China definitely has offloaded and will do more.
Perhaps BTC will make up it's mind by the end of the week?Bullish uptrend (shown green) originating from before the main bubble has offered support 3 times since the recent correction.
Even though we are currently in a parallel downtrend (white) we may see a change in BTC's fortunes by week end.
Will 35k Turn Into resistance? Find out NowWe have our key levels set and price is currently using them as support (not resistance) so be careful shorting into this right now.
Waiting for break below resistance before bearish again.
NTS.
Bitcoin pop and drop coming soon!Bitcoin is about to pop slightly higher maybe to 44k and then crash hard.
The sp500 is also going to crash over the next couple of weeks.
Oil is also going to crash.
Something big is coming, get excited :)
You still want to buy the dip? Check my content and you know I have been calling the short for months. If you missed the recent moves down dont worry, there is more downside.
My next area to buy is around 15-20k, thta has not changed for months.
We may retrace from here higher into a danger zone, that's ok but ultimately we are dropping to 15-20k.
Become a Trade Ninja today :)
BTCUSDT rising wedgeBTCUSDT has formed a rising wedge pattern
Opened short for target slightly below 50k
###NOT FINANCIAL ADVICE###
moving average testing?think the 21 MA will be tested around 43k in the first few weeks of may .
Just my thinking.
BITCOIN (BTC) : Market Crash, SHORTAs I have been saying for the past 2 months, bitcoin is predicted to create a fake out double top on the weekly timeframe and crash to 15-20k.
For the past 2 months we have barely moved from the highs and now we just triggered a second major bear signal.
We will most likely get bounces off the horizontal lines I have drawn so when price looks to be rallying that is the time to short.
See you at 20k. Haters are welcome!
COINBASE - CoinBase Global Inc - coinbase IPO - BUY -I was warned about posting this - Expect extreme volatility at open Monday - Leading to investors to pour in from crypto and other tech stocks - expect nothing less than 6$ - MEDIA WILL TELL YOU IT'S OVER-VALUED HOWEVER THIS IS NOT TRUE.
Expect this IPO to effect the Crypto Markets
(DATA FROZEN?)
NASDAQ:COIN
INDEX:BTCUSD
TVC:SPX
CAPITALCOM:UK100
TVC:NI225
GDP UP
USA
CHINA
JAPAN
INDIA
INDONESIA
KOREA
NIGERIA
RUSSIA
SAUDI ARABIA
TAIWAN
------------------
GDP DOWN
GERMANY
UNITED KINGDOM
FRANCE
ITALY
BRAZIL
CANADA
ARGENTINA
AUSTRALIA
BELGIUM
GREECE
IRELAND
MEXICO
NETHERLANDS
NORWAY
POLAND
PORTUGAL
SPAIN
SWEDEN
SWITZERLAND
TURKEY
BTC - support at 36k? Ideas welcome!Considering BTC smashed through the previous support level of 38.5k, a 1 month view of BTC movement & a fib retrace would suggest next level of support (61% on fib) is 36k.... lets see what happens!
Certainly still stand my previous post about expecting a very bumpy ride this week, hopefully as we edge into April, the bull volumes start to take over.
Let me know your thoughts, very much in my early days of trying to understand charts, patterns etc
#BTC 1 HOUR TECHNICAL ANALYSISCLEAN AND SIMPLE TECHNICAL ANALYSIS. FOLLOWING THE PRICE ACTION A REVERSAL IN TREND SEEMS LIKE IT IS IN PLAY. LH AND LL WERE CREATED. A BREAK OF THE LH SIGNNALED A REVERSAL IN TREND TO ME. PRICE PULLED BACK AND CREATED A DB SIGNALLING WE WERE ABOUT TO SEE UPSIDE MOVEMENT. WE CAN NOW SEE PRICE IS PUSHING UP TO BREAK THE HH IT CREATED BEFORE THE DB. LET'S SEE HOW THINGS PLAY OUT TODAY
#BTCUSD #BTCGBP
BITCOIN SHORT THE BOUNCESAs previously mentioned I am expecting a drop to 15-20k before buying again.
In the meantime I expect all major bounces to be sold off. I am not selling, instead I am waiting at my 15-20k level to add to my position.
However for those that are interested in the short side here is a quick breakdown of what I see.
BTC IDEA #BTCUSDA SIMPLE IDEA BASED ON PRICE ACTION. ANYTHING BELOW IS STILL BEARISH. IF WE SEE A BREAK ABOVE ILL BE LOOKING FOR A RETEST OF THE LOWER HIGH BEFORE SEEKING A LONG POSITION
BTC DOWNSIDE. TARGET HIT! *UPDATED* As shared earlier I noticed the price action for BTC looked pretty bearish. Potential for more downside but all in all spot on trade
#btcusd #btcgbp #btcshort #cryptocurrency
BTC LOOKING FOR MORE DOWNSIDE #BITCOINBtc technical analysis.
Looking for more downside based on how market structure is forming. Looking for rejections from highlighted zone.
Looking for lows of atleast $55000 area.
#btcusd #btcgbp
BITCOIN FAKE OUT DOUBLE TOP!This looks like we might have our weekly double top fake out.
Volume decreasing as price moves higher.
Historical analogue points to bear market.
Price has gone parabolic, parabolic moves NEVER last.
If we keep breaking lower the area to buy back in is 15-20k range where a weekly inverse head and shoulders should form.
BITCOIN DOUBLE TOP (WARNING)Bitcoin is rallying on low volume, extremely low volume in fact. This is a clear divergence between price and what is actually going on.
Like I said previously I believe we will see 15K this year.
Yes we can create a fakeout of the highs, yes we can remain at these high levels for the rest of the month but at some point when price starts to turn and everyone starts to run for the door price will crash fairly quickly.
Human nature does not change Ninjas!
BITCOIN DIVERGENCE POINTS TO BEAR MARKETAnother observation happening on the weekly right now. Price is rallying on fumes (low volume), unless some high volume comes in soon this could get nasty.
Like I previously mentioned weekly double top or weekly fakeout double top are still possible and is what we want to see.
Target is 15k-20k where we will create a weekly inverse head and shoulders pattern before breaking higher to around 400k.
