BXBT trade ideas
Bitcoin Leveraged Longs At Historic RecordsThis chart of BITFINEX:BTCUSDLONGS represents the total number of Bitcoin held in margin positions on the exchange Bitfinex. This is only the data for one exchange but I make the assumption that as a data point it represents the state of the trading ecosystem as a whole. What this data shows is that despite the drop in price (or rather because of it) traders have been apeing into the dip with larger amounts of leverage than ever seen before. This could mean one of two things:
Traders using high amounts of leverage will get rewarded for taking on high risk if the price rebounds
Traders using high amounts of leverage will be liquidated and create an even more rapid cascade of price decline if the price continues to fall
Time will tell... do these traders taking on excessive risk get to win? Another question: if so many people are buying to DCA and/or speculate... why is price falling?
Printing money out of bits..!I published this post privately on May 9th,2022, when Bitcoin was above 33K, now I want everyone to have access to it.
Most speculative assets in the stock market are trading below their tops before the Pandemic Crash in February 2020.
For instance:
Facebook was a trillion-dollar company on September 1st,2021, and now is a 551 Billion dollar company, almost 15% below the pre-pandemic levels.
or
Netflix which is an 80 billion dollar company was 163 billion dollars before the pandemic and surged to 306 Billion dollars!
But why did I choose these 2 examples?
First, Because the Total crypto market cap today is 1.48 Trillion almost equal to FB+NFLX at their top..! and it is -51% below its top:
The second reason was to show you similarities between NFLX and its competitors which end up very bad for all of them. increased number of online streaming providers Like Apple TV, Amazon Prime, HULU, Disney, ...etc and the limited number of users..! The same is true in the crypto world, total crypto projects were 2810 before the pandemic and now it is 10397, almost quadruple in 2 years..!
But only 300 million people around the world invested or use cryptocurrencies!
While 7.6 billion of the world's population use 180 fiat currencies, 300 million use 10397 crypto projects..!
isn't it funny???
While those who promote Cryptocurrencies criticize central banks for "printing money out of thin air", they do the same thing and print money out of bits.
There is a possibility that bitcoin and other cryptos experiencing an 80-85% depreciation which had happened twice in the past..!
Keep in mind trading crypto for the short term could be very different from the long-term outlook..!
There is one undeniable truth, there never will be a bailout in the cryptocurrency market..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
BTC and Risk ManagementAs you will have seen, various asset classes have been PLUNDERED amongst poor market sentiment.
As I discussed, this is an INEVITABILITY. You will not escape it and it is certainly not going away. If you were prepared BEFORE hand you will be OK. IF you were not so prepared you may be a little worried. But you can always learn and move on so that next time you are prepared.
The Markets are simply a swing of variance. What do I mean by that? Well It means you have highs, lows and everything inbetween. Your job as a Trader is to last in any times and flourish. You will deal with DD - this is NOT a problem if you are prepared beforehand. Of course this requires a plan referring to your MAX position size VS your equity. It also involves how many times you are willing to go long and where you will do so.
As you can see, if you had used SPLIT positions and DCA methods accordingly you could spread out your risk. If you do so at appropriate sizes based on the inevitable fact the market is going to swing down amongst poor sentiment, you would be able to survive it calmly with no panic at all.
So, plan your Trading BEFORE these things happen. Learn key Risk management methods as this makes up a very large part of Trading. If you do not have a plan it simply will not work.
I hope that helps. Plan AHEAD so you are not caught out.
How does smart money work? How does smart money work? You are deceived because you are stupid.
Longs on Bitfinex are growing, while Bitcoin is falling endlessly. They buy your savings and failed long positions for pennies. You trade x20, they trade x3. You can't wait a month for a 100% profit with x3 leverage, they can wait a year for a 50% profit. This is the difference that ordinary traders cannot understand. They dream of turning $100 into a million, but they don't realize that it's almost impossible. Exaggerated risk only seems like a chance, in fact, it kills your opportunities as soon as you take this risk.
I trade only by algorithms and no more than x5. Think about it!
What I think about itThe dependence of the price movement on the situation on the world stock markets is traced, where the first news on the agenda now is the conflict in Ukraine and the second is the Fed's actions to stabilize the economy and fight inflation.
So I believe that large investors consider BTC as a highly profitable asset-shelter from inflationary risks, but in a situation where there is some certainty regarding the fate of the main stock indices, otherwise they choose traditional protective instruments (government bonds, gold, etc.)
I expect an increase in the value of BTC after the view of market participants is directed from foreign policy conflicts to stock markets, macroeconomic indicators and the general state of the economy, because it is at this moment that investors will look for opportunities not only to save but also to multiply their capital, i.e. the yield should exceed the current inflation, which is expected to be at maximum levels this year.
Well time will tell if i'm right or not
btc shortAccording to the QM pattern that is formed, the price moves to the specified node and starts moving towards QM level.
BTCUSD Shorts About To FlyBTC Shorts made a rapid higher 3rd low as you can see. It's primed up and ready for the moon.
When resistance is broken, it basically goes to price discovery.
Stay safe.
Beyond the trendAccording to my calculations, the price floor for Bitcoin will be 12955. This chart shows you how the price moves. I will update the chart at any time. This is the general movement of the market. Details will be given to you in lower times.
BTC long liquidation scenarioBitfinex's long volume has reached an unmanageable state.
Whether the BTC price rises or falls, the above volumes will have to be sorted out.
Liquidation as the price of BTC rises will be positive for the market,
but If it is sorted out along with the BTC price drop, it would be hell.
BTC - such amount of leveranged long Never seen before. This could lead us to a massive drop.
It needs be wipe out, do not be one of them.
BITCOIN: LONGS ON BITFINEXHi guys, here some clear explanation abount BtcUsd Longs on Bitfinex.
As you know, Bitfinex is a big exchange since 2013, and whales prefer trade Btc here compared to other exchange.
Looking ad this chart is obvious that when BtcUsd Longs ratio rise, the Btc price fall, and when fall the price rise.
Until here is all clear but, don't forget that is not a magic formula because, as happened on 2019-2020, we have seen a double top before a fall in the ratio, and this is probably a huge doubt in the market now , because can create a bull trap before a final leg down on the price.
So, don't follow gurus as if you were blind, because the ratio alone don't move the price.
It's noteworth to see a ratio rise again in this way...wow, but this will be the next big bull run or a mega bull trap?
REAL ALT SEASON Around the Corner, but first BTCThis is the BTC USD LONGS Open Interest Chart, you cannot trade it but it can act as an indicator to your overall thesis on the market.
It shows where Bitcoin has bottomed in the past, had its runs, and where ALTS tend to flourish (once BTC peaks, $ flows to ALTS)
Use it as info to support/counter your thesis, not as a trading tool.
My opinion is that we will eventually peak, LONGS will dump, meaning BTC price will pump.
Thoughts for now! Stay frosty friends.
Vatsik
longs bitcoinevery time the longs chart goes up, and the bitcoin price keep stable in specific range price, the bitcoin price increace while the longs decreace.
so this may be a good time to accumulate btc when btc price increase and long decrease.
BTC Bearish divergenceBearish divergence has formed on the Bitcoin chart, however, I think we will see the move up to the 0.382/0.5 before this divergence plays out. This will create more bearishness and fuel the subsequent move down for wave 5.
Maybe some manipulation to pump the price up so that everyone turns bullish and longs before dumping again. Lots of alts are showing similar bearishness but I am not convinced to be honest.
BTC: Trading the market with price actionIn this Video I'm going to discuss major rules that will help progress your trading. Price action is king in the markets as it allows you to read INSIDE what is going on and therefore accurately predict future market moves.
These rules are essential to picking price pivots at the right time.
Of course, implement all risk management rules and trade lightly.
What is going on?BTC has nearly $3B of margin liabilities on Bitfinex alone. The highest it's ever been, by far.
BTC Short for long-term???Wonder if this astronomical amt of BTC Longs will drive/be a good indicator to see the upcoming trend here. Feeling still bearish overall and thinking it's a continuing another DCB but hoping for a true breakout on the inside.
BTCUSD Bitcoin Bitfinex Leveraged Longs Hit Extreme Levels Hi everyone
Bitfinex Longs have hit extreme levels never before seen.
Right before the previous crash Binance Leverage Longs hit these levels and they all lost moneys.
Right now 95% of these Leveraged Longs on Bitfinex are in the RED. They are losing already.
Keep the Bitcoin Price under this level for maximum gainz
Very Bullish in BTC SOONCurrently, Bitcoin does not appear to be in any bullish mode, but with the support level at 30K, something amazing may be about to happen.
bitcoin in ping pong sideway channel Bitcoin with recent candle seems bearish and if price cant stay around 28600 next target is 27000 .
red area is important 📍
BTCSHORTS just made a big move as I warned in 2 previous postsBTC SHORTS bounced from the trendline & made a big green candle.
BTC price fell but was immediately bought up.
Can the BTC bulls hold 28/29k & make this dump a fakeout?
31k is the minimum resistance to break for uptrend to resume.
If BTC breaks below 28k then 26500 is the last defense to avoid 22k, approximately the wma200 level.
Not trading advice
First Destination of Bitcoin is $24.000Considering both the Bear Flag pattern and the Stochastic Relative Strength Index on the daily timeframe, as well as the weekly timeframe pattern, BTC's eyes are on the grave. The search for liquidity at a much lower level, in the $18-20K range, should not be overlooked. Of course, we may see an increase up to $35,000, but this possibility remains a difficult one when we consider the correlation to the US500 and US100 parities.
