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Shortbtc

BTC Trend Weakening BTC price action has shown the first signs of weaknesses on bullish direction. First off, previous high/resistance of $24670 has not been broken neither tested weakening the weekly bullish set up over last month for the first time. Secondly we can notice bearish RSI Divergence highlighted by the white trendlines. Furthermore, MACD shows a bearish crossover in which indeed the MACD line passes below the Signal line. However, we are getting closer to 200EMA resistance and to the trend line which will work as strong support. For this reasons, if such a structure were to be invalidated we suggest to take a short position as the following: Entry price: $22700 Target price: $22400 *30X Leverage
Short
by vf_investment
1
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
closed your btcusdt positionhello guys btcusdt has sensitive situation now! that important zone will Specifies next movement of bitcoin! if bitcoin break down $21400 (I mean engulf) then scenario 1 will happen and drop at least $13200 (because of channel faking out and filling orders i will stick with this scenario, but if that important zone ($21400) does not break down (confirmed scenario 2) so btcusdt continue upward movement and will touch area that i show on chart! for now i recommend you free risk your bitcoin positions or close it until one of scenarios confirm. best luck! please write for me your opinion!
Short
by melikatrader94
7
BTC heading down to 18-20K When you have MULTIPLE confluences in SAME PLACE that could lead to high probability scenario. Those confluences that make MACRO and short term outlook on BTC so bearish are :- 1) LOG REGRESSION CHANNEL :- 2) Target of bear flag is just at that major support zone which coincides nearly with PREVIOUS ALL TIME HIGH as well. 3) As per wall street chart, it seems to ME that we are in ANXIETY Phase and slowly moving towards Denial Phase pbs.twimg.com 4) ALSO MANY bought BTC ABOVE 30K. They would be BAGHOLDING BTC NOW. **THIS IS A WARNING** DANGEROUS TO SHORT FROM LOWS. BE WARNED. PREVIOUS IDEAS :- 1) Short idea for BTC :- 2) updated views on BTC :- 3) ETH IDEA :- ALSO, NONE OF THE ABOVE IS A FINANCIAL ADVICE. IT IS MERE MY OWN SPECULATION AND IDEA. DOYR.
COINBASE:BTCUSDShort
by StunnerStock
1
Clarity into BTC madness!I am posting this late since i've reached a festival busyness and due to that i had to just enjoy life. Anyways, I've been calling short from 48.2K and it played out nicely and again i am staying course from 43k and it has led to ~32k, Moving forward a very small pullback to 36.2k almost and continue the trip lower to 24k & just keep moving down with pullback as an opportunity to short until 13.8K is reached, this may look like a tall one - but i have zero emotions attached to market and this is what i see, i wanna call even lower but i don't get ahead of myself in any direction, that's the rule to stay sane whether you are trading or managing your life, Good Luck!
BITSTAMP:BTCUSDShort
by SWajahat