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Sellbtc

BTC selloff to 38k-35.5k for Q1 JANUARY 2024With the Top for 2023 confirmed we can begin to dump. $44.7k is TOP for CRYPTOCAP:BTC 2023. We opened 2023 at 16K levels so we are bound for a retrace in Q1 2024. (34K is 61.8 level on fib retracement for 2023) BlackRocks Bitcoin ETF will seek approval by January 10, 2024. With BR injecting their footprint into bitcoin i anticipate a drop to retest sub 40k region to 38.6k being TOP of box and 37.5k being BOTTOM of box. It could continue down to 35.8k as alot of supply lies at this area. Today provided the first drop in the sequence. Once we break 40K it should nose dive. Entry at 41.8K SL: 43K flat 1:3 Risk:Reward ratio **The large move is to 29k levels but it will not be fluid** This is my personal thesis and not financial advice.
GEMINI:BTCUSDShort
by chestephens1
Doji, Hammer, Pinbar and 7 Divergences ; Right after anotherSeems like there is a short-term dump incoming; Weekly timeframe RSI divergence made exactly under the '"May 2022"' resistance and the 0.5% Fib level , And there is 3 confirmative candles. Pinbar candle had made last week , a Hammer and a Doji candle had made 2 and 3 weeks ago. If we make a daily candle closed under 30K , 28K would be the next major support for BTC ,Even 25K after that . (my opinion) Also all of the 3day ,daily ,12H ,8h ,6H ,even 4H had made RSI divergence. I'm Bearish on BTC
BITSTAMP:BTCUSDShort
by MrPro7