In this video I detail out why I believe we will see a significant crash on Bitcoin, dig into the mechanics of how a drop to $10,000 is possible, talk about the US Dollar and macro ideas for Bitcoin, and summarize my trading ideas and why I am anticipating its a good trading opportunity.
Any questions or comments, please feel free to ask or leave your own input....
ACE 5.10-5.16 is an ideal long entry point. If BTC does not make a sudden dump, I predict that ACE coin will rebound from these levels, break the 5.7 resistance, and head toward the 6.63 resistance. Despite the risk, I am opening a small long position from these levels.
Entry1: 5.41
Entry2: 5.15
Stop: 5
TP1: 5.7
TP2: 6.61
It is advisable to be cautious as BTC...
#Bitcoin📷
Bitcoin's weekly candle closed below
67K,which is not a good sign. We are now below a critical resistance level.
What are your views on this?
CRYPTOCAP:BTC BINANCE:BTCUSDT BITSTAMP:BTCUSD #BTC
Traders,
I've been seeing a ton of traders who wanted to buy BTC at 59-60k but their transaction "failed". There is a reason why I am now calling BTC, Blackrock Trading Coin and why I have been extra cynical and skeptical about Blackrock's crypto trading exchange, Coinbase, as well as their entry into the crypto space via ETF. But I won't get into conjecture or...
I'll start this post with what I've earned on the covid flash crash myself. This success was repeated in May 2021 but in other token.
That's why I know a little about it.
At the end I wrote why next flash crash is possible
Bitcoin and other cryptocurrencies often experience flash crashes when there are sharp and significant price declines for a short period of...
NYSE seems to have had bad open liquidity issues.
apparently large algo may have tried to sell at the open.
from twitter:
@ConsensusGurus
"The largest dislocations from this morning's NYSE Flash Crash 2.0 - Multiple $100BN+ swings."
@MFHoz
The NYSE was hit by a "technical glitch" today, causing a trading halt for some of the most well-known global companies....
OK crew, if you've been following my previous XRP "Stick a fork in it" idea, we made some pretty solid moves that really focused on ;
A. Scalps and light profit taking
B. Wealth preservation and keeping the portfolio in steady growth
C. General price directions on the daily, which we nailed gloriously
So moving to the new idea here (bonus if you got the library...
Hi everyone,
I didn't wanted to share this before,but i feel like i really want to give a warning of an impending flashcrash which will be the last low for a couple of years.
BUYING OPPORTUNITY! - NO FINANCIAL ADVICE BITSTAMP:BTCUSD
May the fortune favor the bold,
CYANE
That was a pretty gnarley selloff and came earlier than hoped but if you had at least one short bag then maybe you added some stablecoinage to your nut on the cover bounce? but obviously not UST.
These are treacherous time for crypto speculation and the dark pool whales have plenty of muscle to shake most weak hands from their stash.
Some things to consider as...
BTC Flash crash.
As usual, we have not seen a flash crash in BTC Flash crashes in BTC are normal and they always happen.
remember red is money
green is money
REMEMBER:
everybody is a genius during a bull market but takes skill to make money in a bear market.
These bottom wicks are pretty consistent when it comes to engulfing price action. Expect that area to fill.
Lotta salty bulls right now and I hate to pour more salt but it is what it is.
* * * Not Investment Advice * * *
XRP is the Mavericks of crypto and you don't just paddle out into the swell thinking you're gonna charge into glory. Going over the falls or getting the eternal hold-down is the fate of many who don't respect, or understand what it is. True DeFi is a noble vision but as some have said "they will roll out their tanks" before they let us have our own currency. It's...
Hey guys,
I hope you didn't get caught off guard today, I took full advantage of this situation and got some nice short term bounces out of AVAX and SOL.
We had a classic liquidity grab/flash crash combined with bad news, and all the alts got really cheap all of a sudden!
The cryptofluent team got in.
I will keep you all posted on BTC's next move.
Trade safe guys.
It's finished. we see bullish signs but it is not enough the world is upside down and so will the markets be once they catch up to reality.
AMEX:VT
CRYPTOCAP:TOTAL
COINBASE:BTCUSD
AMEX:VTI
AMEX:SPY
OANDA:XAGUSD
OANDA:XAUUSD
TVC:USOIL
FOREXCOM:USDRUB
OANDA:USDCNH
SP:SPX
CURRENCYCOM:US100
Flash wicks engulf!!
Been saying this since we had our last liquidation. I'd love to see a "V" bottom and scalp it (possibly Monday / Tuesday) "IF" the SPX 200 EMA holds support and makes a relief / rebound.
Again, NOT investment advice here and DYOR.
Stay frosty!
FB
Howdy gang... plz thumbs up if you like the chart
quick update to show some simple price action and support levels while bitcoin broke down after a good push from the previous days US open
Clear head and shoulders, recent death cross techincals, long squeezes all contriubting to the bearish price right now, yet no need to panic...
if the level at 37.3K can...
As I've said in previous ideas, those long flash wicks down, tend to engulf and the last long wick was no different as we're seeing trade activity explore the lower breach. I'm neither bull nor bear as I take scalps on any action up or down BUT I see regulatory issues becoming problematic for crypto as a whole and the weight of dark pool liquidity being used to...
