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BTC: RETEST PHASE!!Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this BTC/USDT update. First of all, do not panic. We already expecting this retest and also told you in my previous BTC update. As of now, I'm expecting the BTC to retest to the $45k level or we might see some quick spikes to $44k so stay cautious with your leverage positions. After this retest, we can expect a nice pump in the price of BTC and many other Altcoins. So the plan is as of now to avoid leverage trades until you do not see any bullish divergence in LTF. Hold your spot positions. No changes in spot positions because BTC is still bullish. What do you think about this? Do you think this retest is over at $45k or do we see a lower price? Share your views in the comment section. If you like this idea then do support it with like and follow. Thank You!
Long
by CoreCrypto1
12
ICARUS PATTERN - WINGS GONEIcarus flew too close to the sun and lost his wings out of selfishness and curiosity. The price action for Bitcoin was insane today, although I didn’t expect it to last. We approached the top of the triangle pattern and rejected $42K as expected…..For Now I remain bearish as the market is due for a massive correction. Stock markets look synthetically pumped up there’s no reason in the world we have such a booming market besides screwing over other countries with sanctions and then inflation which nobody seems to care about until next week when we see a TON of profit taking and dumping. Purely speculative. This growth cannot be sustained, the market makers are literally just waiting for retail dumb investors to buy into Bitcoin and then they will send it back to $20K maybe even $12K some models are predicting the retrace to macro support line. We need a lower low to get above and beyond. Once again, we do not have the common goal aligned to get BTC to $100K because the rich are going to keep us in the market cycle. Currently shorting Bitcoin to $20.5K from here. Good Luck.
Short
by Fabreezio
1
BTC and All markets are going to dump hard, be carefulthis ideas shows a potential dump, i believe that this dump is happening in near future, if it does not play out, then we are safe, if it plays out then you have to be ready for it, keep strict stop loss to all trades, collect profits as they happen and do not get greedy, moving averages and bollinger bands analysis on 3 days chart and weekly chart both anticipate the worst case scenario (red), daily chart analysis is mostly playing the best case scenario ( green ) or the yellow scenario note: constitutional investors are starting to accumulate huge short positions, im playing for the worst case scenario which is 8-18 k Fibonacci extention shows 9128 while fibonacci retracement shows 10617 note: drawn scenarios are seperate from shown dates, it was expanded for the drawing to be clear stay safe, happy grinding
by flying_whale
2