I predict that if the price does not stabilize at the current level for tomorrow, we will see the designated areas in order. And this is not a bad thing, because this market needs this correction to achieve higher goals ($ 100,000) Bottom line: This reduction is temporary and will last until the end of November
If BTC broken the area of 60k to 58k zone then BTC goes down to the 53k... And if BTC hold that area then BTC might be possible to break the uper resistance of 66k to 64k area then BTC going to 70k...
If you are new to charts here's one for you. Just look at this long term chart which provides a better guidance on the long term trend. What's the trend? And with the fundamentals that we can't even chart the money supply world wide, well, we can't measure it by itself but BITI is the closest chart to world money supply and the value of FIAT currencies.....
Hi Guys Possible Short Set-up For Btc /Usdt Risk Trade Tolerance - Hight Risk (Anti-Trend Trade ) RR 3 at First TP 1 Fib 382 - TP 2 Fib 0,5 Tight Stop-Loss on 60k Only Risk What You Are Afford Lose
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.
Btc is trading in this channel trending lower, it seems to have just broke out of the sym. triangle to the down side & is retesting the pattern. The measured move would be around $38,500. to the bottom of the channel. The .618 is also at that price. Good short term support at $38.5k R/R 3.15
COINBASE:BTCUSD @Gunslinger2005
After failing to hold the CME Gap at 46 620 USD and 48 370 USD, BTC had a sharp correction to 44k and is now on a downtrend to fill the gap at 34k-33k. #btc #bitcoin #cryptocurrency 3 minutes ago Comment: Please feel free to disagree in the comments, I welcome criticism and counterpoints. I wish to strengthen my idea.
BTC on daily timeframe rejected from fibonacci (0.65 i-e 52244) we may see that level once again and then there will be huge dump, RSI show Bearish Divergence on daily timeframe, volume is still in alarming situation. so be safe with your trade and don't forget SL.
Bitcoin doesn't seem good for little time frame. Because of thaht reason, i want to try little short for Btc. But i dont think Bitcoin will break daily low.
ascending wedge has been broken and there is a good possibility for the price falling to 40k
Bitcoin preparing for another dump.. as per my idea here is some support levels where bulls can hold #BTC from dump.
Bitcoin is in a range ($36,500-- $30,500) from 18 June 2021. And recently break its latest swing at 32800. So, According to my analysis: - - - - - " if the price will retrace from here & unable to go up, fall & break the $32800 level again then We can create a Short position with the target of $30,500 or 1:2 reward ratio." REMEMBER: Always do your own analysis...
This is just speculation but I see two possible plays coming up here in the short term for BTC. Both plays end up with Bitcoin dipping further down one just happens sooner. The yellow line is what could happen over the weekend and the blue line is what could happen early next week. When I drew these line, I didn't expect to draw a scary monster looking Creature lmao.
Major/Bold call on this one. It is evident that the market structure is bearish on crypto and I do not see any bullish bias whatsoever. BTC has just tested a daily level and broke weekly lows on Monday. It is showing signs of rejection before it plummets down to 26k first then 21k.