BITCOIN is priming for downside - $32,461 here we come?Yes I know it's crashed below $90,000.
Yes I know the there is the death cross 50MA crossing below 200MA.
But the thing is on weekly, there is still a bigger pull back on the cards.
Either there are three scenarios.
1. There is an M Formation and breaks below and takes the price to $32,461
2. There is a Head and Shoulders formation breaks below and takes the price to $32,461.
3. Or there is a fakeout and the fat cats get right back in and drive the price to $200,000.
Thing is, the price action is not looking good. And as things stand, I am a big Bitcoin Bear.
And the second scenarios is more likely, to catch the retailers thinking the price will go up just to drop down back to the neckline and then ya...
Then it's like tap dancing on thin ice.
🌍 Fundamental Pressures (The Macro Isn’t Helping)
🔥 1. Risk-Off Environment Returns
High rates + sticky inflation = investors dumping risk assets faster than BTC can hold support.
⛏️ 2. Miner Stress Increasing
Post-halving costs are up, profits are down, and miners are offloading reserves to survive — adding real selling pressure.
🏦 3. ETF Inflows Cooling Off
The “ETF euphoria” has slowed down. With less fresh money entering, Bitcoin loses one of its strongest 2024–2025 drivers.
🌧️ 4. Global Growth Weakening
Recession fears, geopolitical tensions, and slowing demand are pushing capital into safe havens — and Bitcoin is not one right now.
$32,461 here we come?
Shortbtcusd
BTC recovers before interest rate announcementBitcoin (BTC/USD) – Daily Chart Analysis
Bitcoin is currently trading around the 114K–115K zone after rebounding from the ascending support trendline near 108K. This reaction confirms that buyers are still defending the broader bullish structure, but significant resistance lies ahead.
Key Observations:
Resistance Zone (117K–118K):
This area has acted as a strong supply zone in the past, where price was previously rejected twice (marked by red arrows). It also aligns with the EMA 89 and volume cluster, making it a critical barrier for bulls.
Support Zone (108K–102K):
The lower trendline and horizontal support near 102K–104K remain vital for the long-term bullish structure. A break below this region would open the door for deeper correction toward 100K.
EMA Confluence:
The short-term moving averages (EMA 34 and 89) are attempting to turn upward, suggesting early signs of recovery—but confirmation requires a daily close above 118K.
Possible Scenarios:
Bullish Case:
If BTC successfully breaks and closes above 118K, momentum could accelerate toward 127K–128K, where the upper trendline and major resistance coincide.
Bearish Case:
If price faces rejection at the 117K–118K zone, a retest of 108K, or even 102K, is likely before the next major move.
Outlook:
Bitcoin remains in a neutral-to-bullish phase short term, but traders should closely monitor the 117K–118K resistance for potential rejection or breakout confirmation.
$BTC 1DBitcoin has formed a double top on the daily timeframe and failed to break above its resistance level. On the other hand, it couldn't hold its minor support either and has broken the level. I'm waiting for a pullback.
However, the price might show some reactions around the 92 level. If that level is lost, I have identified the next support level based on the weekly structure.
BTC – Weekly Perspective – 03/03 to 10/03BTC – Weekly Perspective – 03/03 to 10/03
We can say that BTC reached the expected region at 65K, as shown in the previous analysis. I know that this final climb to 65K did not come with the excitement I expected, which would be prices making a correction to the 40K range to continue their climb.
For now, with the objective achieved, the question remains: Where will prices go?
Will we have a 50% correction (up to 40K/42K) of the rise that started at 15.4K in the distant month of November 2022? If the answer is yes, we may have the formation of C&H, a typical strength pattern for any type of asset. What a thing, right?
For the month of March, due to the force imposed by the bulls on the bears, it may be easier for prices to reach the final top region at 69K.
Due to the steeper climb, the "tip" I give is the following; Whoever bought, maintain your position; If you didn't buy it, don't buy it again, simply wait for a correction; but, if you are persistent, and want to buy at any cost, prepare a stop of at least 40% (Lol), as crypto has reached a region of strong struggle in the long term.
The C&H standard is incredible.
Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphical analyzes below
My trade plan: I have sold/short BTC/USDMy Trading Plan: Sold BTC/USD
Note: This trade is for my own record. Please do your own research before taking any risk.
I have sold BTC around 27276.18
my Stop loss is fixed at 27426.05
I dispose half at 26,050
and I will exit my position at 25,850.
I am not afraid of this trade since my risk-reward is really good which is around 1:9.7. Lets see how it goes.
Multi time frame analysis has been done in this trade. Tools used are Fibonacci retracement and RSI.
BTC There will be a lot of volatility today and going short is very risky. On the nose is expiration in bitcoin futures, a report on US GDP that will add a swing to the market. But technically, bitcoin is ready to decline, I don’t expect much above 29500, but it’s possible on volatility after reports. If the price is above 29500 and hits the stop, I will go short again.
BTCUSD Short term target - 21478, 18800BTCUSD CMP - 21818
BTCUSD was consolidating sideways for last 3 weeks between 22300 and 24200 , highlighted in rectangular box and we saw the consolidation break down today. This is a short term trend reversal signal, with immediate target 21478. This was a previous breakout level and should show some support , failure to hold this level will move BTC to next target 18800.. This a a strong support level and we should see some bounce off that level. If that level breaks, we'll looking at target 16500 and 15500.
Let me know your thoughts in comments.
Bearish Moves for Bitcoin BTCBTC will likely proceed to keep it's downtrend.
As we see BTC remain it's pressure inside the bicycle helmet (half bubble) it doesn't seem to explode it's pressure inside of it.
Also to mention that we are seeing lower lows occur at the second half of the bicycle helmet. With more red volume happening the last couple of days.
Possibility is quite big it will break the support of the helmet.
A nice short entry would be to wait a couple of days for a retest towards it's support turning into future resistance.
Aiming for a 8%-10% profit would be achievable.
Keep trading - David van Delden
BITCOIN DECIDES TO DROP TO 17,000 NOW , OR MORE TIME IN TRIANGLEThe Bitcoin Price Action is confirming UNRELENTING DROPPING TREND.
Even the a ARTIFICIAL Pumping up on Saturday cannot change the DELEVERAGING PROCESS.
The Institutionals are DELEVERAGING in RAPID sequence of LARGE SELLOFFS.
All the rest are FORCED TO SELL by these Institutional sellofs - in particular, THE MINERS are DUMPING their product, before it becomes a loss on their books.
Naturally all the rest, also follow these significant Selling actions, as the bitcoin price becomes deterministically DECREASING.
No amount of calculated bluffing by the MM -s and their pumping can change THE REALITY - BITCOIN WILL CONTINUE TO DROP FURTHER.
A textbook triangular Flag , that appears After a Huge drop is the TRANSIENT oscillation before the next LEG DOWN to 17,000.
Will BTC hold 40k?Here's a quick look at the BTC Daily chart . As we can see, the price has been continuing its downtrend within the bigger falling wedge for some time now. The price is currently at the top of the falling wedge, and a rejection here will lead to further downside. The price needs to break above the falling wedge in order to build some bullish momentum. If the 40k support zone can't be held, then the price may very likely revisit the 33k-37k zone.
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What Is a Wedge in the context of trading?:
"A wedge is a price pattern marked by converging trend lines on a price chart. The two trend lines are drawn to connect the respective highs and lows of a price series over the course of 10 to 50 periods. The lines show that the highs and the lows are either rising or falling and differing rates, giving the appearance of a wedge as the lines approach a convergence. Wedge-shaped trend lines are considered useful indicators of a potential reversal in price action by technical analysts.
Key Takeaways for Falling wedges:
1. Wedge patterns are usually characterized by converging trend lines over 10 to 50 trading periods.
2. The patterns may be considered rising or falling wedges depending on their direction.
3. These patterns have an unusually good track record for forecasting price reversals."
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
2022 is the next 2008 (but way worse)Last night (12/10/21) CPI data came out reporting a 6.8% increase. This is exactly what I had predicted as I've mentioned multiple times prior on other platforms. However, I am here to say that it is FAKE! In a couple of months the true CPI data of today will "unexpectly" show up. Markets will freak out and you will end up becoming a bag holder like 90% of retail does every recession.
There is a reason why the ultra-wealthy are now monstly risk-off. For an example,
Elon Musk, just a little over a year ago had said that he would never sell a single share of $TSLA, but in this past month he sold 10% of his entire equity in $TSLA
Warren Buffet is now holding a record $128 Billion in cash
Chamath pulled the rug on $SPCE, despite his insane shilling in prior months to years.
The list goes on and on.. But you get the point.
It is time to at the very least hedge your life savings you put into $SHIB and start re-allocating your assets.
I am currently 10% short and 90% cash (previously 90% short from 20x shorting $BTC at the top at $69k and have since taken most profits/ de-risking myself - despite the likelyhood of a potrential crash/depression which I am personally expecting to occur).
I don't have crystal ball nor am I saying this is a certainty. Actually no I take that back... This IS a certainty. May not happen tomorrow, next week, or even a couple months, but it will happen and you want to be ready when it does.
Be prepared folks.
Best of luck,
Matt Park
This post is not financial advice and is simply me putting out my opnions on the current state of the market. More details in regards to my opnions of the market is to come soon so stay tuned!
Look out below! Btc is about to Dump! We’ve got a confirmed stop hunt pattern on the four hour and the daily basically you can see that there’s really no volume and they’re going to take advantage of this exchanges like by bit and being asked who he was high frequency trading machines will take it vantage of this time to wipe out anyone going along with a leverage position by creating a Bart move and driving the market down. I could see a wicked going easily as low as 37K and then likely we’re going to settle into the 47K zone after the madness is over. Not a financial advisor And this is my personal training plan. I’m sitting in many short positions on tons of assets and huge short positions on bitcoin and SHIB.
short btcusdafter a strong and impulsive wave (3), a dramatic bearish wave (A) of wave (4) began and it's already in it's last impulse wave which is wave v of (A). it is expected that wave v moves at least 0.618 of wave iii of (A) which i have set as my tp 1. wave (B) of wave (4) can then form followed by wave (C) of (4). however wave (4) or wave (C) of (4) cannot enter the price region of wave (1) which is around 20k. link to the daily timeframe and other multi timeframe analysis is posted below.
wave ii of (A) retracing 0.7071 of wave i in the 15mins timeframe hence wave iv is expected to be a less deeper retracement and this wave iv seems to be forming a triangle with a retracement below 38.2 of wave iii.
MY SECOND POSITION IN SHORT btc/usdtHello dear friends again)))))
Thank you for your thank you messages for making money with me, that my tips and ideas are helpful to you.
I thank each of you for this.
At this time, I open a new short position, from the current price 23830
Targets: 23550 -23300 -23000-22500
Stop loss 24100
Because for me there are many factors that again speak of a decline.
I go short because for me there are my levels at which I work.
We reached 23550 by the previous idea)))
You will ask why I did not set this target - because I expected a breakthrough of this level to 23300.
stop loss at 24100, same as for the previous trading idea!
We have already earned 290 points in it, and the stop loss is at breakeven! (24090)
Maybe I'm wrong, I'm not asking someone to follow me. I only share with you my trading positions, following my risk management and money management, I always trade with stop loss (as well as trigger stop loss) STOP MARKET and OBSERVE ALL ASPECTS OF TRADING!






















