Bitcoin is in a Very huge falling channel! Current Price: 65600 CRYPTOCAP:BTC Price action has rejected upper trend line Resistance 6 times - steadily creating lower highs. Currently, Price action is at this Major resistance. Will it reject again? It remains to be seen! A break above this major resistance will lead to ALL time highs and a continuation of the...
Bitcoin has been consolidating within a defined range for months. Recently, a sell-side liquidity sweep indicated a potential reversal. Price is now reacting to a higher timeframe daily Fair Value Gap (FVG) and Optimal Trade Entry (OTE), sitting above a short-term high/buyside liquidity. If Bitcoin closes below this buyside level, it sets up a high probability...
Local 4h trade for BINANCE:BTCUSDT.P Possible Targets and explanation idea ➡️Waiting full fill or test 4h fvg ➡️Perfect scenario if we will see drop closer to Thursday to 59152 ➡️But most likely we will hold the block around 61200 ➡️4h money outflow BTC. Hope you enjoyed the content I created, You can support with your likes and comments this idea so more...
Hey Traders I take a quick dive into Bitcoin: currently it appears we are making our way down with some signals from candlesticks such as our lucky hammer which indicates bearish thinking. Question is where do we go from here and can we punch back up or will sink further down to 50K and below ? Must watch Comment, like follow if you liked this video and...
load up on sells if u can BCS its about to go down I'll show you lower time frames 15m 1m entry
As of October 2024, Bitcoin appears to be entering a period of heightened bearish pressure, with USDT (Tether) market cap dominance signaling significant shifts in investor sentiment and risk management across the cryptocurrency markets. The USDT.D (USDT dominance) chart reflects market behavior that points towards reduced confidence in speculative assets such as...
CAVA 121.50 Short 120/118/116/113/110 can test soon
Bitcoin has been struggling to reach a new high since. From a distance I can see a bearish pattern. If it goes south I am getting out @ 60,54,50k
...to lure you in to buying NOW. Do you really think the big investors are gonna buy at these levels? I doubt. First, they lure you in. Then they throw you over the Cliff and rob your bag of Bitcoin when price is tanking. Until I see a full bar outside of the U-MLH of the red downsloping Pitchfork, I'm not adding. But, when it comes down to the red...
Based on fib time as well as cracking the prior swing high and turning degens into full bull mode I expect some nasty pullback.
Investors are hopeful that risk assets like Bitcoin could see strong gains if the Federal Reserve cuts interest rates by 50 basis points instead of the previously anticipated 25 basis points. However, Bank of America (BofA) urges caution. They recommend not overreacting to any initial market reaction after the Federal Reserve's September meeting. According to...
Make your own decisions, but the chart and Market Cipher shows there is a high chance we will drop hard because there is a high risk of bearish divergence on BTC 6W Chart. Same like in 2018 Bitcoin price crash. Safe trading!
Elliot Wave Theory is an absolute favorite of mine, combined with Wyckoff Method and chart analysis (trendlines and technical indicators). If you've been following; you'll know I've been speaking of a multi-month cycle, specifically a multi month corrective wave before the final impulse wave up (4-5). Considering we're still in that corrective phase, let's take a...
Bitcoin is collapsing, it will go deep. As of right now, I am looking for AT LEAST a -75% selloff, with the expectation that we will soon test the 2018 price level. This thing might be wiped out entirely. I really don't have much else to say. Good luck everyone.
Hi fellow traders, Bitcoin DERIBIT:BTCUSD.P is declining a bit and making a nice downwards structure on the 1H frame. What we can see is building resistance on the 58K level. We can see that the short-term foresight shows a possible resistance in the form of a trend-line rejection. Additionally, a possible rejection from the exponential moving average (50...
Here's a quick update to the video I posted last week showing a final unfilled Gap on the 4-Hour NASDAQ:IBIT likely pushing price down (We're NOT sure yet how this is correlated, other than the BIG money is playing with Options / Futures and now the NASDAQ:IBIT , which makes Bitcoin a Wall Street product now essentially. My targets on Bitcoin now are $57k and...
The trend of bitcoin shows that its more interested to drop from 59,000 series today. so better idea to go for Sell today as of now.
In this video, I provide an update on my previous trading analysis. I'll discuss the current targets for the bearish scenario and highlight the key levels to watch. Additionally, I present a bullish counter-idea and explain where the invalidation of the bearish thesis might occur. This way, you'll be well-prepared no matter which direction the market takes. Stay...