RSI Bearish on the market whilst there is a hidden bearish div as well on theweekly timeframe which may lead the market to crash till 10k
Bitcoin and the institutional 🐳s that provide the astronomic buys and sells to -in essence- move the BTC market as they see fit, -well they've decided they weren't having it, and decided to bail out on all us party people. Hey, it happens a couple times a month, even more so now over these last several weeks of geo-political turmoil and uncertainty. Wait it out. ♠️🤫🐿
I had a bid on BTC which was a little bit lower than that support (yellow dashed line, I'll post a 4h screenshot in the comments) and it triggered this morning, after 12 days. This just to say FIGHT THE FOMO, control your emotions! Price is currently on 0.618 Fib line, if it goes lower will reach again the major channel support (blue line). Volume has spiked only...
HELLO FRIENDS, here we can see in 1 day timeframe and it showing barish flag pattern. If bitcoin rejects by its resistance I will fall up to 30% ($27,000). BITCOIN has Major resistance at $39,400 and $46,000. If you are a short term holder be careful...... FOLLOW FOR MORE...
I think this is just a dead cat bounce, as they say. Unless tomorrow morning this won't be over 42.1-42.6k (current resistance zone) I don't see this like a real reversal. That's my signal here :D Good night
So, I had posted another idea days ago but it was blocked by the moderators so you missed it. Double bummer: for the rules of TV and for the fact it turned out to be on point. Let's focus on current situation: - daily candle closed as inverted cross doji which means we're going down but after it was pretty clear even before it formed; - current daily candle is...
I normally do not post on #Bitcoin, but I figured i would share my thoughts at this time/space juncture. The market is in turmoil, but we have the charts to reference to from past history to run off of.
At this point i believe we are either finishing up with wave C of expanding flat or C wave on a triangle. If this is a expanding flat, i'm expecting a LL soon to complete wave 5. We could even wick down to 20k and close a daily candle above 25k.
In this video, I explain why BTC will eventually reach sub 20k levels. BTC likes to drop 85% from all-time highs, we've seen this in 2013 and in 2017. Adding to that, the current head and shoulder playing out measures a price target to 10k, which is exactly 85% from all-time highs. Coincidence? I think not. So what do we do now? Work hard and save cash. You...
We are bearish right now after head and shoulder pattern looks like we are heading for 28k region using the fib extension we can see how target of 28k is possible
We've been getting dumps followed by some momentary relief. Looks like this trend may continue for another leg down very soon to ~40k?
BTC head and shoulder playing out. The price target is around 20k according to the head and shoulders measurement. I would look for inverse coins or short Crypto stocks like MARA and RIOT. Stay safe, and remember cash is king!
This time my opinion sell your btc and buy when price touch 37k $ next support on 37400$ buy when price touch this support why we can see this crash breacuse S&P 500 INDEX crash so thats why we can see this crash but don't panic this time don't trade in future trade only in spot patience
Now Btc is Bearish and will go to 54000$ Support be alert !
63274 is a very great point to short, it is supported but two trends and is a great level to get respect, probable future of BTC is shown with red brush
BTC at the resistance now little push will be led btc towards 50.5k which is good for shorting , tp will be 39k. btc crashed coming soon in next 60 hours, be safe trading, you can see the chart three cross from where btc will be rejected and then dump heavily.
Right now after breaking some major supports of different moving averages, BTC is testing the weekly 21 Moving average that is coming in around 42000. to confirm the BTC short term bearish mode, BTC has to close the weekly candle below 42000. and to stay somewhat bullish then BTC has to close the weekly candle above 43500 up tp 44200. If BTC breaks the 21 weekly...
I previously posted that this bullrun is over, i was too quick to judge. after reviewing on chain analysis and the fact that BTC is at very low supply, i think this run still has a chance. we are in the middle of ABC correction from 53k to 43k (A) from 43k to 48k (b) and now we might see a C wave going down to 38k. I dont invest in bitcoin but i placed some...