BTCUSDC 15 min chart AnalysisNotice how BTC is ranging nicely. I will be looking to Short BTCUSDC when price reaches 62% of the Fibonacci Retracement which is by $19255. There is a Fair Value Gap around $18900 Price level which is below current price which is a target for the short position.
This is not Financial Advice.
USDCBTC trade ideas
$BTC MacroMaybe most forget about this level and most are looking into usdt pair which had FUDs during that days, hence I think wave 4 is done and we have our range finally.
42K is 24K
30K is 17K
But I think the range we be bigger and almost 124 days, maybe the spring in mid oct then up only.
Invalidation1: if clean breakout above 24 level.
BTCUSD Clear Bearish Double Top has formed. SHORTS CONTINUEA BEAUTIFUL, CLASSICAL Double Top in BTCUSD - thsi is a STRONG Bearish formation has been completed on 4 H and 8 H time frames.
As the Markets of Nasdaq and S&P will continue the fall today - a VERY GOOD OPPORTUNITY for SHORTING bItcoin TODAY.
AND THE BITCOIN CAME TUMBLING DOWN - BREAKS TRENDLINE SUPPORTGentlemen - THIS IS serious.
The major lower Supporting trendline has been crossed down by BTC.
As well as final Departure lower from a 240 hours MA.
Next support - possibly 20,000 $
As the famous song on Jericho walls "and the Walls came TUMBLING DOWN"
Bitcoin SUDDENLY FALLS - ON SATURDAY...
When a big Fund or Whale intend to sell and LIQUIDATE a big Chunk of its soon-to-be-worthless Bitcoin - it OPTIMIZES the time and day.
The smallest participation in the Market is of course on Saturdays and Sundays when almost all the Institutionals are closed.
Then The price reaction to a big sale will be the least on weekends.
This IS A REPEATING trend - BIG BITCOIN SELLOFS start on weekend.