Get started

Bitcoincrash

BTC/USDT - WHERE ARE WE HEADING NEXT? (AN UPDATE!)Last week we've called out the next pivot point as to where the BTC might be retesting, and boy we were accurate about it! For our Weekly TF analysis for today, I have plotted the major points in bitcoin and it's trend shift from wayback 2017 to ATH and now..still in the bearish market. 2020 bearish market was affected by Covid-19. Hence why the price has dumped to 4k levels. We'll be waiting for another 3yrs to witness the next bullrun after late 2020 since it's been the pattern with this market. This time, it's different since Fed Chair Powell signals that more interest hikes are incoming. And what does this mean in the market? When interest rates rise, that means individuals will see a higher return on their savings. This removes the need for individuals to take on added risk by investing in crypto or stocks, resulting in less demand for both. It's bad for business in general. On the technical side of things, we're currently trading at 20k as of writing this analysis. We're expecting a sell-off until 16k levels. Since we're heavy bearish, I'd hold-off my sells until it reaches our Major key level at 12-13k levels. We have 4 majors news on USD for the coming week, so expect another volatile market and a volatile market brings a lot of opportunities for us traders. HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
Short
by JuanCrlsTrades
6
H4 TIMEFRAME ANALYSIS ON BTC - AN UPDATEH4 TF ANALYSIS If you have been following my content lately, I make content on crypto and forex. Days ago, I've made an analysis on BTC about a possible setup, this particular setup is now happening. Last week, the dump happened on thursday and there was a continuation over the weekend. If the news about the dollar is good, expect this pair to make a retest on the 19k levels. FOR REFERENCE: PLEASE SCROLL DOWN AND CLICK ON LINK TO RELATED IDEAS FOR MY PREVIOUS ANALYSIS ON BTC PATIENCE IS KEY HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW. On the technical perspective, you can never go wrong on the divergence with the RSI that's been manifesting on the H4 TF.
Short
by JuanCrlsTrades
10
Ethereum Flippening - Fear, Greed, and False HopeTo begin, I want to tell you that you should not have faith in digital currencies. The rogue faction within the Chinese Communist Party is, and has been for years, behind the scenes. Wall Street are, and has been for years, the Party's abettors and blood transfusors. I also want to tell you that global markets in general are about to experience something far more trying than a recession. Humanity is entering something worse than The Great Depression, or even "The Greatest Depression." Humanity is on the cusp of what I call "The Great Destruction." In this process, the target of the controlled demolition by the establishment Red Cult is primarily middle class ordinary people. It's something like a test. Whatever vices you have will be exploited to bring your downfall. Greed and fear are what moves you and they are why the market moves as it does. Consider that research from the London School of Business found retail traders gambling on options on Robinhood via "the bros" at r/WallStreetBets lost $5 billion USD during the greatest bull run in the history of stocks. Consider that silver and gold are on their way back to three and one digit respectively after people were told to get out of the US petrodollar because of its alleged coming collapse as the global reserve currency. Consider that interest rates are about to be hiked to the point that people can't afford their mortgages. Consider that WTI Crude and Natural Gas will dump and then print numbers like $180 and $15 before the year is out and you won't be able to afford to drive your car or heat your apartment anymore. Consider that Bitcoin is down 60% from its all time highs and showing no signs of life. There's no "web3 revolution," there's just bag holders because Central Bank Digital Currencies will destroy the industry and they are already en route. Consider that the stock market is down 25-30% YTD and 2021's prices are _never_ coming back. These are all things the middle class have been told by "experts" to trade their cash for because of various reasons, especially ones like the fallacy that the US Dollar is about to devalue and be depreciated. You're about to get your chance to chase the moon again, though. The Flippening is coming. For this trade concept to work, it will rely on ETHBTC to reach 0.25 as it will happen at the same time that BTC plummets towards $15k. This will result in Ethereum taking the #1 marketcap position away from Bitcoin. Ethereum will give you hopium amid widespread doom. You will believe that you are on the cusp of a new paradigm. People will put in what little they have left and start taking out payday loans and spending their HELOCs to buy, not wanting to miss the race to $5,000 and $10,000. Based on what I have foreseen, Ethereum is about to have an unpleasant and uncomfortable pullback towards the July open. This is a buying opportunity. The target is under $4,000. The RR on this trade is like 9:1. Don't short Ethereum. You will die. Don't hold Ethereum. You will die. Cash is King. Buy gold and silver when they're in the dumpster and return to tradition. Digital currencies are without a future. All are fated for $0.00.
Long
by LordWrymouth
1
BTCUSD (BITCOIN)Bitcoin Longterm Analysis : After drop of bitcoin price from 31k price hold 18926$ level on daily candle closing above this level now we see in big timeframe market structure is forming bearish wedge or rising wedge in downtrend which show the selling trend continuation to downside. and price now rejecting from its strong level of resistance trendline also from 200EMA retest in Weekly time frame show sell trend continuation. What next in Bitcoin? Price is rejecting from the reistance trend line from previous 4 5 days and candles also give indication of bears taking control some pin bar and evening star candles show the bear strength. Go to 4H and see i draw the gray zone market structure if price break and candle close in 1h than we short and our target is orange trendline support if break also breakthis support than we see the longterm down trend in bitcoin btc and in crypto market altcoin is continuinig and price drop to next level of supports. Volume Analysis. Volume is also high and show the instituitions position are active at this supports and volume is high. ADX D+ D- . Adx indicaor also show the power and strength in the daily time frame its at 21. D+ is now crossing the ADX which show that it soon coming to D- and if D- is sucessfully break D+ to upside than ADX is also high we see very strong fall in the price of bitcoin towards 22k and 21k levels.
Short
by naumanfx_
BTCUSD [BITCOIN USDT]Bitcoin Analysis: After price drop to strong level of support 24172 level we see bulls take the control and push price to upside toward the strong key level of resistance also hit 25k high where 200EMA restest on Weekly timeframe and in short time frame candle close below 25k and also respect its resistance trend line 24936. What next in #bitcoin? Price of bitcoin retest its 200 EMA on weekly time frame and close below the trend line in short timeframe this show bearish market structure also important bearish chart pattern triple top formation show some kind of selling pressure in bitcoin. Also evening star candle stick show bearish sign. ENTRY SHORT 24800$ TAKE PROFIT 24509$ TAKE PROFIT 24131$ TAKE PROFIT 23667$ STOP LOSS 25300$
Short
by naumanfx_
1
THE BITCOIN CRASHIt is clear that the cryptocurrency bubble has suffered a fall, but the worst is yet to come. Bitcoin does not have any kind of value, and this reminds me of the .com bubble of 99... where only those companies that really provided good value survived. Well, I think something will happen this way with the "Blockchain" technology. Many worthless projects will be destroyed and only those with a very good value will survive in the future. The currency "Bitcoin" is not a PONZI. What is a PONZI is the number of projects that are created in order to scam people, we have already seen many scams... Squidgame token... Omicron Coin... LUNA... USDT?? These scam projects or projects with pure FOMO and meaningless, as they happened in the 99's, will devastate the entire Blockchain and economic sector... Bitcoin has provided a great technology, the "Blockchain" that is why I appreciate it like many other people. Bitcoin is great and I'm a big fan of it, but sadly, the bubble is going to burst. Without a doubt THE WORST WORLD CRISIS as I mentioned in my other article of "2023 Global Crisis". It's literally not one bubble, it's several... You would see this bubble as a bubble within a bubble within a bubble within a bubble within a bubble within a BIG bubble. If any bubble bursts (which will burst), the rest will too, maybe a little longer or a little less, but they will. In the graph you can see that my levels to which Bitcoin can fall are between $6,000 and $25 Some people will call me crazy, but in reality my figure is not true since no one can predict the PRICE of the market. What people can predict is how other people predict a price with FOMO. You don't have to be a genius to see it, you just have to walk away from the party and see how others enjoy very loud music while the next morning everyone is on the floor. Please do your own research and do a lot of research on this. DO NOT PUT YOUR MONEY IN CRYPTO STABLE COINS, Thanks. I AM NOT A FINANCIAL ADVISOR. YOU AND ONLY YOU ARE RESPONSIBLE FOR YOUR INVESTMENTS AFTER READING THIS ARTICLE. Thank for reading this article (if anyone has read it), A pleasure to share my advice, Esiquiel ;)
BITSTAMP:BTCUSDShort
by TheWaterBottle
3