BVOL24H trade ideas
Bears taking profitAs can be seen on the BITFINEX:BTCUSDSHORTS chart, bears are closing there (Underwater) Short positions in profit.
Some of them have been holding the positions underwater for over 5 days before being able to push out some profit.
The aggressive closing of shorts while we are aproaching the local higher low we formed 2 weeks ago gives us some bullish hopium.
The chance of getting a bounce around here increases while we are reaching the 89 EMA on the 5D at the same time!
Feel free to share your thoughts in the comments
Trade wisely and remember to make use of a stop loss at all times .
BTC Bear SignalIt's so dangerous for Bitcoin if price will broken Ema 50 and Neckline Of H&S Pattern.
In Weekly we can see Negative Cross Between the KijunSen and TenkanSen.
in daily we can see Death Cross (negative cross between MA or Ema 50 & 200).
Bear signals dominate the market.
Only bullish Signal is OS of Rsi and other oscillator in Weekly and Daily.
DXY (Dollar Index) Is so Bullish and that means it bitcoin and other Market (like gold, Currency, Stock) Maybe decrease.
If the 28-29k support is broken, the market may be completely bearish.
I think Every Increase Is Chance to Save Profit or Loss reduction.
so BE CARFUL
be carful and set your Stop Loss... Do NOT FORGET SET YOR STOP LOSS
Are we in a bull run? No.Bull run = expectation of higher monthly highs
Bear market = expectation of lower monthly highs.
Does this mean BTC has no value? Ofcourse not..
It just means you should be locking in profits right now, as opposed to buying to hold. So now is when having paper hands will trump hodlers..
Shift risk when the market shifts :)
Somebody Knows Something!The Death Cross is happening very soon
Tactical capital is piling into the short side, expecting another huge level down from Bitcoin
Michael Saylor has his life on the line, and wants to capitalize up to another billion dollars on the buy side, Question? At Market, or is he waiting to buy Bitcoin Sub $30,000 again?
Bears are Winning this MatchNobody with capital wants bitcoin anymore.
retail jumping in front of a high speed train, thinking theyre grabbing dips.
looks like the sub $20,000 calls you saw a few weeks ago had it correct.
Risk Tolerance is off the table, now that inflation and tapering are part of the MSM narrative
death crossRemember to always, always place your stop loss at the appropriate levels immediately after you have put in your long/short position so as not to get stopped out at your trades.
>>>>> Always be prepared for either scenario of upwards movement, downwards movement, or sometimes even sideways movement (consolidation phase & sometimes even extended consolidation phases). <<<<<
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BTCUSD long1) BTCUSD Longs are at record ATH... and I remain bullish!
2) BTCUSD Shorts are at halfway ATL
BTC is on a critical support. But one side is destined to lose and get burned... which side are you taking?
PS BTCUSD weekly chart has closed with a green candle ever since May 19th dip. Will this week's chart turn from red to green (north of 41k), to will it be red?
Bitcoin Short Positions are Piling UP Hello Traders,
While Michael SAYLOR from MicroStrategy $MSTR is loading cash by selling junk-bond debt with 6.25% to 6.5% return annualy to buy #Bitcoin , other Cryptomarket and Bitcoin bears are rumping up their bet against $BTCUSD price, as you can see on this chart the selling positions keeps piling up.
Largest ever percentage rise in Short Interest in $BTC History The chart attached shows an incredible 2200% increase in Short interest. It is by far the largest increase in the History of Bitcoin. Either a lot of Bears are going to make a lot of money or they will give birth to one of the largest short squeezes in Bitcoins history. I am of the opinion that when too many people get on one side of a trade, its usually best to take the other side. :O)
Tax-free setup?How I came up with this?
- I smoked catnips.
Context: Recent IRS news crashed btc price.
If this whale sold bitcoins before, it have to pay capital gain tax.
If this whale bought back what it sold then do covered short with new 1x longs (I saw long & short goes up together), then close the shorts at top or where it sold, this could
reversee it's realized capital gains into unrealized CGs.