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Btcusdtshort

#BTCUSDT - Thoughts out loud plus technical side. #BTCUSDT #BTC #USDT. Good afternoon! The idea of the possible development of the situation on Bitcoin and the direction of the cryptocurrency market in general. For this period of time, the price continues to decline and there are no purchases by professional market participants on the chart. If the buyers do not keep the price in the range of 15555 - 17777, we can expect further price decline, prospective prices The chart shows possible scenarios:1.2. A.B.C. - Price levels from which we can see the resumption of acquisitions. Against the background of the technical picture, the news background begins to slowly fill the information that one of the largest mining companies in the United States, Core Scientific, has filed for bankruptcy after the fall in cryptocurrency prices and rising energy prices. Core Scientific mines reliable cryptocurrencies such as bitcoin. The process involves connecting data centers across the country equipped with highly specialized computers that process mathematical equations to verify transactions and simultaneously create new tokens. This process requires the use of expensive equipment, some technical know-how and a lot of electricity. Core's market capitalization fell to $78 million as of the end of trading on Tuesday, down from a valuation of $4.3 billion in July 2021. Over the past year, the stock has fallen by more than 98%. According to a source familiar with the situation in the company, the company is still generating positive cash flow, but this money is not enough to repay the financial debt for the equipment it leased. The person added that the company will not be liquidated but will continue to operate as usual, reaching an agreement with senior securities holders who hold the bulk of the company's debt. The company said in October that holders of its common stock could experience a "total loss of their investment" but that this may not happen if the industry recovers. The company also said it would not pay debts in late October and early November and said creditors could sue the company for non-payment. At Core, which primarily mints bitcoins, the token price has fallen from an all-time high of over $69,000 in November 2021 to around $16,800. This loss of value, coupled with increased competition among miners and rising energy prices, has resulted in shrinking profits. This is the first time in the history of the crypto industry that more than 25% of the total amount of bitcoins mined in 2022 falls on this company.
by WVitalievich
BTCUSDTI'M Using Multiple Tools And Multiple timeframes On BTCUSDT Perpetual contract 4h daily , Bearish Engulfing conformed at Daily chart and we wait 4 retest to our zone ( always note that the retest should quick not too late not too far ) I Couldn't see any sign of bullish move on long term based on Dow theory and i believe the descending momentum use Price action , RTM , Fibonacci THIS IS NOT A FINANCIAL ADVICE THIS IS JUST A ANALYSIS AND COULD BE WRONG ..! USE SL & MONEY MANAGEMENT
Short
by Sinarahmani
BTCUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. We took all the targets in the previous idea, thus completing the formation of wave iv in the ending diagonal. A decline began in our final wave v of (v) of (C) where the formation of the ending diagonal will be completed and after which I expect the trend to reverse to an upward one. Locally, I expect a decline to the 16600-16200 zone, after which there will be a correction to our downward impulse, and a final decline to the 15200-13500 zone, after which I expect the beginning of a smooth growth. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
BITSTAMP:BTCUSDShort
by trytofeelpositive
11
#BTC need to clear the 18,500 resistance to Confirm the pattern!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities. Consider following me for the latest updates and Long /Short calls on almost every exchange. I post short mid and long-term trade setups too. Let’s get to the chart! I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice. #BTC UPDATE BTC is forming this big falling wedge pattern what is a falling wedge pattern? The falling wedge is a bullish pattern. Together with the rising wedge formation, these two create a powerful pattern that signals a change in the trend direction. Generally, a falling wedge pattern is considered a reversal pattern, although there are examples when it facilitates a continuation of the same trend. *BTC Need to Clear the 18,500 Resistance to Confirm the Falling Wedge Breakout * RSI is also sowing some bullish divergences move *If it conforms to this pattern then according to the pattern we will see a good bounce Stay tuned I will keep updating This chart is likely to help you make better trade decisions if it does consider upvoting it. I would also love to know your charts and views in the comment section. Thank you
Long
by CRYPTOMOJO_TA
4
BTCUSDT - Wyckoff Method Bottom FinderHi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 A quick look at BTCUSDT from a macro perspective. It seems likely that Bitcoin needs to find a lower bottom where the demand zone is strong enough to stabilize the price. Currently, the volatility in the market may seem like it's bullish, but if you zoom out you can clearly see lower highs which is a benchmark for a bearish cycle. The price action is currently trading in the distribution phase of the Wyckoff Method market cycles, and we still need to establish a clear bottom followed by a period of sideways/range trading. This was an earlier proposed bottom for BTC by using the Wyckoff Method: Although my timelines were off, we can clearly see that the price action has not yet entered the final phase of the cycle and is still in a downtrend. Remember, there are lots of other great opportunities in the markets during December that could make for a better trade setup as opposed to BTC. Interested in stock markets? Check out this idea on SPX where I cover Apple Inc. , MSFT and AMZN : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
41
BTCUSDT neutral biasOn Weekly, Price is in downtrend On 4H and Daily , Price is currently in Uptrend Potential Buy setup - Wait for the price to pullback into previous higher high ($17381) and FIB 50% in 4H timeframe and look for entry pattern (1H/30M/4H Engulfing or Strong rejections) . If the entry pattern don't show up, Don't force it BUY SETUP Take Profits - $18000, and $18400 Potential Sell Setup - Wait for the price to go to $18400 and look for entry pattern (Strictly 4H Engulfing or strong rejection or even lower time frame downtrend). SELL SETUP Take Profit - $15800
by Chiguuu
📉💥BTC Short-term Short Position💥📈BINANCE:BTCUSDT COINBASE:BTCUSD First take a look at my previous analysis and positions. 💥Channel break pattern💥 While price is inside the yellow area, you can open short position in two steps. If the price falls and reaches the TP1, you can risk-free the position. TP1-2-3-4-5-6-7 are on the chart. The optimum stop-loss1-2 are on the determined area. Please share ideas and leave a comment, let me know what's your idea. CrazyS✌
Short
by CrazyS
8
BTCUSDT 📈 Flash-Crash or Slow-Bleed ?Hi Traders, Investors and Speculators 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫 We're looking at a grim situation on the BTCUSDT chart; the next local support zone / demand zone is anticipated only around $11500 . This is confirmed by a bearish technical indicator Phoenix Ascending, where the red RSI is around 20 and the grey momentum points towards bears being in control. Now the question remains, is it going to be a flash crash down or a long, cold crypto winter with a slow bleed down to $11K? Since you're here! Here are a couple of bullish reversal patterns to look for: _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
Short
by CryptoCheck-
26
Strong Sell Opportunity in 4 Hours Chart for BitcoinSince the 200 SMA is respected and the trendline I drew is broken, I take a loss from my position in my recent idea (see the link to related ideas). I lose a little compared to what I will gain this day. This is very bearish and we might get a big dump later this day. The DMI indicates that: 1. -DI is going above 30 level and it is above the ADX and +DI so this is very bearish. 2. As long as the -DI is above the ADX, I will hold my short position.
Short
by UnknownUnicorn13326052
2