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Liquidation

Down-Trend Confirmed, Rejection and Drop to 7,500Strong Rejection from the Upper Resistance trendline Reconfirms DEscending Downtrend of Bitcoi/usdt. Projected Support Intersection at 7,500. Fundamental conditions are the root causes of the continuing bitcoin plunge 1 FED Rate Hikes cause strong Risk aversion of Institutionals and Investors, and rotation into Dollar Cash. 2 Continuing wave of BAnkrupcies of Crypt-Frauds, Crypto-schemes and Pyramids only Grows and adds to Bitcoin mistrust by inestors: LUNA. TERRA, Celsius, Voyager and that list grows daily. 3 Liquidation of 140,000 bitcoins from Mt Gox by Court authorities - and anxious owners biting at the bit to finally REALIZE their Profits after years of being unable to do so. Immediate selloff of a stash that is times bigger than the Musk selloff that caused winter collapse of the price from ATH. Emphasis: HUNDRED THOUSAND Bitcoins DUMPED ON the Market.
Short
by cure4virus
39
BITCOIN STRONGLY RE-AFFIRMS DOWNTREND. DESPITE Low Time-frame oscillations bitcoin is globally affirming (again) its Daily DOWN-TREND. This week Rates will be HIKED by the FED again .... Act Accordingly Brace YOURSELF !!! Now 140,000 bitcoins are starting to be DUMPED on the Market from Lquidation of Mt. Goz confiscated wallets. The owners of these HUNDRED-FORTY-THOUSAND BITCOINS have waited for the moment to sell for 6 Long years - they ARE GOING TO DUMP on the exchanges 140,000 bitcoins . Did I mention that in a few days One Hundred Thousand Bitcoins and Forty Thousand Bitcoins are DUMPED on the Market ? Act Accordingly.
Short
by cure4virus
6
UPDATE #4 BTC/USD bull trap continuation - whale liquidityThis is update # 4 of series to provide an outlook of the trap that took place. Whales are continuing to grab people on lower time frames and now we are at a critical area. If BTC breaks 21900. Whales have confirmed trend to the downside and going to be testing 20900. Good luck everyone this is not a drill. you are in very bad territory if you don't know what you are doing and don't have a plan of action. Drop a boost if you like the content. I see potential in the start of the next month but short term within end of this week and start of the next it looks ugly. Nothing I say is financial advice and/or should be taken as such. I am just a nobody and you should not take anything I say/write into any consideration, as I am dumb as a tack.
BITSTAMP:BTCUSDShort
by MonkeySunGod
6
Possible RoadMap For BTC! Will It Play Out?Hello Traders & Spectators, When looking at BTC, we can see that it is currently trading in a range similar to the one right before the last sell-off to the 17k zone. I went ahead and did a fractal to see how this may play out in the upcoming weeks. So far, it's very interesting how close the candle patterns are. This should be fun to watch over the next few weeks and tbh I wouldn't be surprised if it plays out exactly. My target is 13k. This fractal shows 9k... Not impossible with today's geo-political issues and mass liquidations and stopped CENTRALIZED Exchanges. NOT YOUR KEYS, NOT YOUR CRYPTO.... right? Love it or hate it, hit that thumbs up and share your thoughts below! Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect! This is not financial advice. This is for educational purposes only.
BITSTAMP:BTCUSD
by rnaofs
Short term (very) Bearish BTC and ETH. Very long term Bull.Why I think BTC will fall further to $7,500. (ETH will most likely fall with it) 1. Long term support trends 'extension' resides around $7,500 2. Bear flags 1 & 3 ( flagpole #2 and flagpole #4) price estimates consolidate at the long term support trend area around $7,500 3. Elliott Correction Wave C started at the November 2021 peak, and the 5-wave impulse that makes up Wave C consolidates around $7,500. Some very Large investment funds ( like 3AC and MicroStrategy ) are getting close to a margin call. Any collateralized BTC will be sold and may cause a cascading effect in liquidity pools. If any large LP with high TVL amounts get effected, we may see a 'bank run' on LPs. This could then effect leveraged traders who then get margin called. Any ETH locked up with BTC as collateral will get wrecked, further crashing the market, and (of course), people will panic sell during all of this. ...but, maybe all this just never happens and BTC hits $1 million this year?
COINBASE:BTCUSDShort
by chimera_brendo
BTC Cycle Bottom - Bearish Liquidation Scenario ConsiderationsHi All, I thought I would do a quick post this Sunday night I have been meaning to do for the last week or so to cover the bearish scenarios and max possible bearish scenarios I think may be possible for BTC current thinking is proven incorrect. My current thought process for a potential new cycle bottom for BTC follows my reasoning in the below charts. Will be fun to see how wrong or right this is as we track close to activating the CBI (Cycle Bottom Indicator). The above providing invalid with the LOG support lines and we do not hold the 300W SMA levels; the risk in the market as I see it for Btc is with the significant leveraged positions whales will find it hard to resist not to target. See some FUD on this topic below. fortune.com If liquidation levels are hit, I do expect volatility and may see some COVID / may 2021 price action volatility. This would provide an amazing opportunity for Whales (and the like) to scope up some BTC at high volumes and low slippage on exchanges. However, such volatilities will make it hard to know at what price range the next accumulation range will sit over the short run. For this scenario, BTC will be historically in uncharted waters in terms of where it has been on many metrics in terms of over sold. We have no other inputs at these low levels to go by other the confluence of TA and market structure. The chart in this post looks at market structure, Order Block Support over the Daily (Blue), Weekly (Orange) and Monthly (Orange), and Fixed Range Volume Profile (FRVP) from the COVID bottom, Cycle bottom and our 2017 ATH (All Time High) , and the FIB from the COVID bottom to our Cycle ATH (on the log chart settings for price). I have done this analysis on the BINANCE BTC UTC chart as this has very good volume representation of the market. Key Confluence levels which may hold up as support in a liquidation panic dump are shown in Navy Blue * ~USD$19,798.68 MARKET STRUCTURE SUPORT * ~USD$16,474.49 MARKET STRUCTURE SUPORT * ~USD$13,670 MARKET STRUCTURE SUPORT * ~USD$11,820 MARKET STRUCTURE SUPORT * ~USD$9,157 MAX PAIN - (CME GAP bottom 9630 to 9,157) - MARKET STRUCTURE SUPORT MAX PAIN levels would close the CME GAP at the ~$9,630 levels. GAP Boys from 2020 may finally be happy if big money can push markets down to these levels (would be a crazy ride). See below chart for a supporting post explaining CME BTC Futures GAPS NOTE: FRVP represents the volume of traded BTC for the horizontal price over the selected range. The longer the gray bar, the more volume traded at that price level over the selected range. Price generally respect levels of high FRVP.
by Brodie
How to not loose your life savings? Risk management☠️You've probably heard statistic that 90% of traders lose their deposit in the first 3 months. Sometimes it's pocket money, sometimes salary, and sometimes life savings. Once I saw a message in a traders group from a frustrated 55 year old man who had lost all of his savings of the last 20 years of working as a security guard in a supermarket just in ONE MONTH by trading crypto. There are plenty of stories like that, and I give you my word that most of them happen due to a lack of risk management . What is risk management? Risk management is the collection of rules that prevent you from losing substantial part of the deposit in a single day or week. Where there are no rules, there is chaos; where there are rules, there is order. When a trader has no rules, he's just gambling. That's what happens to most beginners - they hear that there's some cool coin worth buying, and in a month they'll be driving a Lambo and moving to a mansion on the Côte d'Azur. Such a newcomer may indeed be lucky at first, and he will attract dozens of other hodlers with his success, but there is a problem with such a strategy: Math There is never a 100% guarantee that any asset will grow; there is always a chance of failure. Question for you: if there is a 10% chance of losing, is it worth risking your entire deposit to double it with a 90% chance? In a vacuum Yes, but let's imagine that the same opportunity happens again. Would you take that risk? What about the next one? This is how we come to the rake that almost all beginners step on. Even if the chance of losing money is negligible, repeat this situation over and over again and you will once fail 100%. Go to Reddit WallStreetBets and you can easily find dozens of stories of people who were lucky in the beginning when they only had $20,000, and then they lost everything they gained in one day (sometimes it was millions of dollars). Even the smartest person gets dizzy from a huge sum, and without strict rules such a person will 100% lose his deposit in trading. What happens after a trader loses his deposit? In such a situation a trader experiences the “ 7 stages of accepting death ”. Let's take the example of, say, Joe (name changed). Joe got interested in crypto a month ago when his brother told him at a family dinner that he managed to buy himself a new car with bitcoin profits. He told Joe how to sign up for an exchange and helped him make his first deposit of $1,000. A month later Joe figured out how to open positions on Binance and learned how to use free trading ideas from TradingView. With their help he managed to double in the first week by buying a coin in the game and, believing in himself, he decided to play big, pouring the $10000 of family's savings into his account, of course, in secret from his wife. 1-2. Shock and Denial. Joe gets up in the morning, and, as usual, first thing in the morning he takes out his phone and checks his portfolio on Binance. It turns out that overnight his main asset, Luna, collapsed from $80 to $5. He has lost half of his deposit, but decides it's no big deal and it's a great opportunity to average out his position. He quickly decides to borrow money from relatives, promising to pay it all back in a week. After all, if the price goes back up, he'll be a millionaire. 3-4. Disappointment and Depression. All day long Joe stares at the screen and watches the price, but it is not going up. Moreover, it plunges and is already trading at $1 apiece. Toward evening, the veil finally falls from his eyes, and he begins to understand the reality of the situation: - His and his friends' life savings are lost. - Undermined trust of relatives. - An almost guaranteed divorce after the woman learns about the lost funds. - Years of work down the drain. He cannot help but cry under the weight of the real facts, though he has not done so for years. A woman leaves him, taking his children with her. His parents and friends stop communicating with him. He is left alone, without any support and with huge debts behind his back. 5-7. Experiment, solution, acceptance. Weeks, perhaps months, pass. Joe gets used to his new life. He made a mistake, paid for it, and will be paying for it for years to come. He realizes he has no choice, so he just accepts reality. All he can do now is learn from his mistakes and not make them in the future. What proper risk management looks like: Ten years later, Joe has paid off all his debts and is much wiser, as evidenced by his decision to take professional training in trading before doing it again. There he learns what risk management is and lays out his plan: - Risk per trade is 1%. You have to misjudge 100 trading situations in a row to lose your deposit, which is almost impossible. - The minimum ratio of risk to profit is 1:3. This means that every time he is right, he earns 3% to the deposit, and it is enough for him to be right in only one out of three cases, to be at breakeven. - You cannot lose more than 3% in a day. It forces you to choose trades more responsibly and levels out the possibility of tilt, having lost money due to emotionalism. - You must not lose more than 9% in a week. If the market is not going your way for a couple of days in a row, then the problem is with you and your inability to adapt. It's better to take a break and come back later with a fresh perspective. With this approach, Joe trades responsibly and learns from his mistakes effectively. In a couple of months he becomes a profitable trader and celebrates his first victories. Subsequently, he will become a successful trader and someday teach someone else the miracle of risk management 😉
Education
by Artem_Dishel
4