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Sellbitcoin

Bitcoin major downside still to $47,987 - But 200MA holding!Bitcoin has been very unstable this year, probably due to the new Administration. MIGHT be due to the influx of regulations or government transactions. MIGHT be due to Demand and Supply changes. MIGHT be due to the volatility between countries. Regulatory Worries 🏛: Fears about stricter rules and crackdowns are making investors jittery. Profit-Taking 💰: Some holders are cashing out their gains, which puts downward pressure on prices. Market Volatility 🎢: Wild swings in crypto and broader markets are unsettling buyers and sellers. Tech Troubles & Security Concerns 🔒: Hiccups with blockchain tech and news of hacks can trigger sell-offs. Crypto Market Slump 📉: A broader downturn in the crypto space is dragging Bitcoin's value down. TECHNICALS: M Formation as I showed last time and this is the update. Price<20 but >200MA - This is a CONCERN for the analysis because the 200MA is the Mother of all Moving Averages that Millions of crypto traders and enthusiasts look at. Target $47,987 Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
TRADENATIONSB:BTCUSDShort
by Timonrosso
Bitcoin (BTC/USD) Technical Analysis: Key Levels and Potential SThe chart highlights critical support and resistance levels along with possible price scenarios for Bitcoin (BTC/USD) on the 4-hour timeframe. The combination of technical patterns and momentum indicators offers a roadmap for potential future movements. Key Levels: Resistance at $95,600: The $95,600 level serves as a key resistance point. A breakout above this level could signal a bullish continuation toward $100,740.93, aligning with the upper boundary of the channel. Support Zone at $91,400–$90,400: This area is a strong support zone, highlighted in blue, and represents a potential bounce point if the price continues to decline. Failure to hold this level could push Bitcoin further downward. Lower Support Levels: $82,265.90 and $76,125.14 are critical lower support levels if bearish momentum intensifies. Scenarios: Bullish Scenario: If Bitcoin rebounds from the $91,400–$90,400 support zone and breaks above $95,600, we could see a rally toward the $100,740.93 target. Bearish Scenario: A breakdown below the $91,400–$90,400 zone could lead to a decline toward $82,265.90 or even $76,125.14, driven by increased selling pressure. Indicator Insights: DT Oscillator: Currently in the oversold zone, suggesting a potential short-term bounce. However, confirmation is needed from price action and resistance levels. Conclusion: Bitcoin is at a pivotal point with significant support and resistance levels clearly defined. Traders should monitor price reactions closely around the $91,400–$90,400 zone and watch for a breakout or breakdown for directional cues. Feel free to share your thoughts in the comments, and don’t forget to follow me for more detailed analyses! ⚠ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research before making trading decisions.
INDEX:BTCUSD
by Mohammad_Mirdehghan
BTCUSDHello guys and girls. Why we are looking BTC short for the week. If you look Bitcoin on the weekly timeframe, you will see that price is approaching the weekly low 17625.51. Looking at the 4H timeframe you will see the expending channel with a clean multi touches and ascending pattern for the massive sell. We be looking for an entry on the 1 Hour timeframe for double Top or triple Top for the drop. For financial advice; this is my point of view and please don’t take it as a signal.
BINANCE:BTCUSDShort
by MartinsEhijie