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BTCUSDLONGS

BTCUSD LONGS at record ATHWhile BTCUSD Shorts continue to rise, it is interesting to notice that BTCUSD Longs are at record ATH matching Dec 2019 and Feb 2020. BTCUSD continues to remain undecided. It has been a month where trades are becoming unworthy if not too risky. Alts have lost more than 75% of this years ATHs, yet Alts don't seem to nudge on positive announcements either as traders are all waiting for a confirmation from BTC. So what does this mean? Up or down? 1) Eventually one side of the margin traders gonna get burned; it is a clear battle between the bears and the bulls. 2) Any trade has got to be a hit and run, if at all to be entered. Anytime one sees a red candle, panic takes over. There's no maintained uptrend whatsoever. Personally, I'd bit the farm on BTC going north from here. And therefore exchanged my USDT to BTC. If BTC goes down, I won't mind as I am still holding BTC. If BTC goes north, I am happy. And would consider swinging it if an opportunity proves worth taking the risk. Feel free to express your thoughts, but make sure you DYOR first and foremost.
BITFINEX:BTCUSDLONGSLong
by eBlockChain
6
Bitcoins Next Move????? I’m going to tell you!!!Lets look at all the facts of BTC regarding TA. On the monthly chart– We have had a evening star formation. This is a Reversal pattern. Weekly chart – We are in a weekly sell range and Btc is making Lower lows and Lower highs. Currently in a down trend. Daily – We are in daily sell range. BTC is bearish for the time being. We have liquidity squeezing inside the daily sell range. We also have a lot of liquidity below $30k. I would prefer a price to push down past $30k to fill the weekly Imbalance around $20k, This would leave the weekly gap slip and imbalance above for future price action to target, which will break all time highs. If we push up out from $30-$35K to $45k-$55k, There is a higher probability chance we are going to create a lower high to make a bigger move down to $20-$15k. This will create a longer bear market. If we push down now, this will create a lot of fear in the market, this fill Imbalances and I think we will have stronger push up later in the year. We need a weekly close above $60k to remain bullish. Weekly candle finishes this tomorrow. A move will be coming in the next week, Fundamentally BTC is going nowhere. If you are long term holder, Keep dollar cost averaging on the way down and hold. If you are short term holder, I would take some profits around the $45k-$55k mark if we push up from this area first.
COINBASE:BTCUSDShort
by Jake-from-the-trading-Cartel
2
The bitcoin will be even more expensive!You will not believe but growth of bitcoin will be resumed soon. On the chart it is visible that the price draws a figure the dispersing triangle. Many technical itndikator indicate growth continuation. Therefore I expect the movement up at least to level 71580 to the next resistance. Then change of a global trend is possible, but so far to speak about it early. Information provided is only educational and should not be used to take action in the market.
BITSTAMP:BTCUSDLong
by Yuriy_Kuznetsov
6
#BTC Dumped but don't panic, Here's why!In my last update, I said $60k is incoming and we did see a test to $59800. Bitcoin broke out of all the resistance levels without any major correction from $50500 to %59800. IT DUMPED TILL THE $56873 level. I could expect a bit more correction to the $55000 to $54000k area to test the channel trendline but only when BTC doesn't hold the 21D MA which is less likely. $56.5k is an important support level as you can see in the chart. It is also the neckline of the inverse H&S Pattern. All these dips IMO are buying opportunities. I've plotted both Scenarios in the chart. Do hit the like button and share your views in the comment section. Thank you #PEACE
COINBASE:BTCUSDLong
by Cryptorphic
20
BTFD Bitcoin?BITSTAMP:BTCUSD dipped 17% over the last few hours. A lot of people are seeing this as a buying opportunity... but is it? Rather than make all kinds of bullish cases based on speculation that the US dollar is being inflated away to nothing, that Bitcoin is going to be the ONLY thing worth any value in 100 years, or other such cool stories bro... I want to show my viewers what REAL DATA to consider in gauging the current state of the market, its structure, and psychology.
BITFINEX:BTCUSDEducation
by norok
7
BTCUSD Longs 📈BTCUSD Looks like we have a long opportunity on our hands at the moment. Firstly this pair has been trapped / consolidating between $41,500 and $30,750. Since we have struggled to break support at $30,750 I do expect the pair to bounce back to the resistance of $41,500, as you can see inside our consolidation region we have a descending trend line which is at the brink of a breakout. I've clearly highlighted a minor zone of resistance in the colour grey that has been broken and retested making a higher low and a bullish candle closure above my moving average. From all of this I am quite confident that this pair can rocket to $41,500 and if we break & close above, I do expect the pair to reach $49,500.
BITFINEX:BTCUSDLong
by RyanXavier
BTCUSD | PREDICTION ON WHEN THE BULL RUN WILL COMMENCE Morning Traders, As we saw yesterday we were too early to the run to the 50k level and consequentially the 1.5tr market cap. I have marked out and illustrated how i see price action playing out, I will be watching structure to determine how we progress. The Illustration suggest we will get a compression on volatility which leads to an expansionary move to the upside. How I will determine if this is the case, I will be watching for fractal nature. overall still macro bullish for now. what's your thoughts guys, agree disagree?
GEMINI:BTCUSDLong
by NK008
What does the Long/Short interest imply?It is interesting to look at the BITFINEX:BTCUSDLONGS and BITFINEX:BTCUSDSHORTS on this down move. The significant drop in leveraged long positions suggests that this is a profit taking move. Those that were in leveraged long positions are losing faith in a new ATH any time soon. They are getting bored. The corollary to this is that a further move down is not as likely to trigger a massive forced liquidation event since there are fewer leveraged positions. My gut tells me no crash is imminent; but no big moves either. It could remain quite boring.
BITFINEX:BTCUSDSHORTS
by norok
7
The Easiest Short of My Life Symphony - The Sad Bear OrchestraShe is back! if you remember on my idea long time ago she hurt her ankle while climbing and was waiting for the parts to arrive from wales... wells, she not only did get her ankle parts but she also got a boob job! Hotter than ever BTC is here to show them off but also to show us that during this waiting time she has learned to play the violin, at the institutional music institution. Good times, all together she definitely feels at an all time high. She loves all kinds of music, here are some of her favourite songs by genre. Death metal: Get REKT by 100X Hardcore hip hop: Pamp Dat Asset by 50cent-XRP Blues: March 2020 by the Damps Punk: Leverage in the UK by Sex Digits Electronic: Around the world by Dumb Fuk Reggae: Bull Soldier by Bull Marley and the Hodlers But with the violin she has been practising a lot of melancholic symphonies, inspired by the hate and disbelief of some short people towards her. Her favourite: The easiest Short of My Life - by The Sad Bear Orchestra
BITSTAMP:BTCUSDLong
by Bitconiano
17