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Fearandgreed

Bitcoin More fear? More Accumulation? Hello traders, Over the summer I dove deep into the schematics of Richard Wyckoff. One thing I recognized studying his teachings was that it is apparent to me Bitcoin being a scarce asset with great current and future demand that there are market makers out there trying to create more liquidity of this asset they can accumulate. Wyckoff explains his theory regarding the “composite operator” which he elaborates is simply market makers who control the market to their advantage and largely to your disadvantage. To my case in point, I have circled an area that I published an idea on that was based on a Wyckoff Accumulation Schematic which you can find in the linked ideas below. This schematic basically creates market participants that think the market is going lower this, they sell off their asset (in this case Bitcoin, a scarce asset) and shortly after push the same participants to buy the asset up making the price appreciate. I find it eerily similar that the price action we experienced back in the summer of 2021 is almost identical to the price action we are experiencing now. I have placed a fear indicator on the chart that you can get an idea of the overall sentiment in the market during both of these periods. To me, it seems as if we are going through the same situation and I’d expect some type of good news over the next few months that push the markets up and we see some appreciated prices along the way. Keep in mind that you’re in an asset class that isn’t going away anytime soon. This is a world changing technology and will change many lives for the better along the way. Keep your hands strong folks and stay diligent in your research! Have a green week! Savvy
BINANCE:BTCUSD
by Savvythe1
7
BTC Don't Get Too Excited - Not The Bottom YetLooking at the fear and greed index for BTC, you can see that even though BTC didn't really have a rally yet, just broke a downtrend it has return to almost neutral. That is a MASSIVE increase from yesterday when it was just 26, now is 45 and BTC has only rose 5%. This is a clear indication that market behaves very irrational. People get excited on the small rise very quickly and vice versa. Because of this there are going to be a lot of fake outs, weather those are to the upside or downside, but mainly upside as BTC is clearly in a bear market. Don't get too excited on the pump that may happen in the next week, and just know that this is to be expected when prices loose that much value in such short time without providing any relief rally. Still i expect BTC to reach 55k area (significant resistence before another leg down most likely starting with a 4 smaller waves and then 7 larger as we go steeper to the bottom. This is just a guess based on how those last legs end playing out. I am not a financial advisor so non of this should be taken as a financial advise. Be Well. BINANCE:BTCUSDT
by AVA37
Bitcoin repeating a Fear & Greed cycle?Hello everybody, is Bitcoin repeating a Fear & Greed cycle? Crazy how similar the green boxes are with regard to time and price change percentage... Will we see the orange box repeating as well? That would lead us to $50k Bitcoin at about 11th December 2021 - that price level would match the FIB golden pocket as well. Do not hope that - but it would give a great re-entry into the market. Drop me in the comment if you'd like me to analyze any other cryptocurrency. *no financial advice do your own research before investing
BITSTAMP:BTCUSD
by Crypto4Everybody
3
SELL YOUR BITCOINS Because...Hello Dear Crypto Traders or Holders. How much you know about BTC Fear & Greed index? Do you know when the market is in Extreme Fear or Greed what will happen? I am here to learn you a little this type of market analysis . Well, if you see this idea, congratulations, you are far ahead of many in this market who understand the use of Trading View. You can tell the difference between analysis and good prediction. let's get to the point Not all tools are always used to analyze the market more accurately, and you need to integrate them properly according to your own strategy. For example, indicators are not used alone, you have to combine the technical with it or ... I am here to tell you that bitcoin will not go higher than its own ATH at this time, as many expect, you ask why? I combined the technical and classic RSI indicator and another useful tool called BTC Fear & Greed index. Well, you know that markets often react to their own past What does this market tell us now? He says that whenever the BTC Fear & Greed chart penetrates above 80 and reaches Extreme Greed mode, most of the whales and big ones in the market start selling their possessions when simple people are greedy, and look back at the market in this situation. crash and experience deep shaving Or vice versa, when people are in deep fear and this tool goes to the numbers 30 and below, whales use people's fear and get their property cheaper than they grab. Conclusion: 1. Bitcoin has reached its greatest resistance. 2. The RSI indicator from 6 OCT 2021 shows a negative divergence. 3. The BTC fear & Greed index tool has reached over 80. 4. People who bought bitcoin for 64,000 are selling. 5. In the lower time frames formed a twin hills (Double Top). 6. In the 4-hour candlelight we see that the candlesticks do not have the power to break this important level at the moment. 7. And more importantly, the whales are thinking of trapping traders. You can save your profits and wait for lower prices. Now you ask what if he did not correct and BTC hit the ATH ? Because in this market, nothing is 100%. In my opinion, if 10% of this happens, after hit the ATH btc will return to 64000 and when the pullback completed you can enter again. BE SAFE
Short
by aqayesalehi
9
Strong support Zone ( SHIBA 3h ) (( please read the description )) Repeat support ( Fib 0.382 ~ 0.5 ), if buyers can break the resistance, we can hope for the target. According to support, SHIBA can do more trades with higher Targets, but emotions have a big impact on the trading process. Do you think this support continues or the emotions cause the trades to fail? tip : The trading is above the MA 50 (blue line), one should hope for an uptrend and test the resistance Zone . ..................................................................... * In trading, the winner is the one who manages his profit and loss * * The responsibility for buying and selling lies solely with you * ..................................................................... *** pay attention *** BTC is influential in all transaction ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Please like, subscribe and share your ideas. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
by Saeed-sheikh
1
BTC/USDT Correction Prediction We experienced a massive dump/correction couple days ago. This was expected as Bitcoin pump to 52k very quickly. We might see an impulse then another correction (may be more) before BTC turn bullish. I have broken into different zones according to supply and demand based on fear and greed - Buy zone (Support) - This is a zone where there is high fear where retail investors do nothing, but whales and institutional investors buy and pumping the price up FOMO zone - where retail invest buying after the pump/reversal Sell zone (Resistance) - Where big players take profit where high Greed According to this we might see an impulse towards FOMO/Sell zone then a correction toward the Buy zone 1 again. If that is breached then we can see the price dropping to Buy zone 2. This is not financial advice please DYOR
by CryptoCafeClub
1
The S&P 500 $SPX signaling strong divergenceThis probable next correction is very odd. As the index price action is showing strong negative divergence with de ADL and the MACD (one confirming the other), there is no euforia. Is like everyone is expecting this to happen. It may be just lack of interest of the market or that is summer time. The Fear & Greed Index is in extreme fear, that almost never happens on tops. Still I can't ignore the technicals that are at least signaling that the SP:SPX is losing strength. So this is time to manage risk. I'm tightening my stops and suggesting to sell at least part of the positions we have at some of the winners like NYSE:PFE and NASDAQ:GOOG . We opened a short position on the index but I'm still holding some stocks. Also, if the correction actually happens would be a very good opportunity to find strong stocks for the next leg up. I will be looking for strong relative strength and 52 week highs. money.cnn.com
SP:SPXShort
by dpuleo19
4
BTC Calling Bottom Elon Price Manipulation, -In this post i will be explaining why the bull market is not over and why i am very confident this is the bottom for BTC's recent pullback. -In the past 2 months we know that BTC has been moving sideways. -We also know that BTC Dom Chart is dropping which is a good indicator that it is alt season. -We saw major Pairs like ETH LINK and LTC drop draws and make people Ridiculous amounts of money. While BTC moved sideways for 2 months between the $44k-$62k, this is a large indicator for alt-season. -Here are some Reasons on my Theory with Elon. -Elon tweeted a few days ago saying how Tesla will no longer accept Bitcoin payments due to the fact of Environmental Reasons and they will be looking for other cryptos to accept in the future. -ELON IS CREATING FUD AND MANIPULATION IN PRICE DUE TO HIS LARGER FOLLOWERS. YOUR TELLING ME A COMPANY WITH A MARKET CAP OF 568 BILLION DOLLARS DID NOT DUE BACKEND RESEARCH ON A INVESTMENT??? I DONT BUY THAT AT ALL. -Elon/Tesla also announced that they have sold 10% of there Bitcoin holding to show liquidity. -This also plays a role on how he is controlling the price. He announced Telsa has sold 10% for liq reasons and a week later he announces that Tesla will no longer be accepting BTC. This is clearly a manipulation in price and movement in the markets. -Elon and Tesla are most likley buying this dip with that 10% they sold earlier so they can gain more BTC. -On the TA level i have a few supports in mind We are currently testing the $44k level which is also bouncing off the Blue bullish trendline that i drew from mid December of 2020. -This leaves me to believe that if we do now hold the $44k level that we will retested $42k and if 42k does not hold Last resort is the last Support i have $38k. Now We recently have closed the weekly timeframe above the Bull Market Support Band which is a great sign. Also Keep in Mind that we havent not painted any top wick yet and just the bottom another reason i am bullish. -We have also seen the fear and greed index hit a 20/100 the lowest we have seen all of 2021. -As far as recovery i do believe that this will take time to recover with such nasty news and major FUD seen on twitter and many crypto Community that 1 man has created. My guess is Trading Volume will be very low which means that we will see very slow movement across the board on these blue chip and mid cap coins. -To Finalize this post i would like to say a few things. -THIS MARKET CYCLE IS FAR FROM OVER -You must be greedy while others are fearful and that is what is exactly happing in this market rn alot of Fear. -I have Orders at 44k 42k as well 38k this is not the market top but defiantly a local top for a good amount of time. -Im not selling any of my portfolio and all this fear and FUD just makes me want to buy more. -Thanks for reading my Thoughts on the Bitcoin and if you dont know already BTC will determine how Alts perform If BTC keeps dropping Alts will drop hard and if BTC accumulates we will see some random coins pump.
Long
by ThawonP
5
This is all you need! We're going way higher than this. We might drop lower in the short term but in the big picture, we're going past $100k. There's no need to panic and know that long-term trading always beats short-term trading. Also, look at the Bitcoin stock to flow model with the fear and greed index. I think we still have more time till we have a market top. Don't let the so-called experts scare you. Link to the stock to flow: digitalik.net Link to the Fear and Greed: alternative.me
BITSTAMP:BTCUSDLong
by nicktenman94
Crypto total market capCrypto Total Market Cap Excluded BTC The RSI resistance on weekly is right behind the corner. Like we can see from the picture this is the fourth time this RSI line gets hit ( RED circles ). GREEN circle shows where the suppressing downtrend line got broken. (Trend turned to Bull) BLUE arrows shows that these upward legs are identical size. Which would mean a pullback. I believe we might get a small and fast retrace from here before we take up higher. After the line breaks and price stays higher I believe we are going to 250 billion marketcap. Remember that "more times a support or resistance gets hit the weaker it gets". What I have seen, the fifth time usually does it ;) For long term I am bullish. Also the fear and creed index has been on creed / extreme creed for 2 weeks. (not the first time thou) alternative.me This is not a financial advice! If you do trade use stop loss and small enough positions! 1st mistake beginner traders do is taking too big risk. -Jebu
CRYPTOCAP:TOTAL2
by PalenTrade
4