Follow up my previous post where I posed the question did the BTC uptrend break in 2022. I'd like to clarify points on common misconceptions that came up in the comments of the last post. If you'd like to just read current analysis skip to the line break. I'm Agnostic on BTC It's assumed bear thesis' on BTC are always linked with negative opinions of it....
Hear me out... I know it's just a couple of days before the halving, but the selling pressure is still strong on BTC and has hit the 60K level without showing signs of slowing the pace to the downside. This makes me think that 50K-52K is possibly in the cards because there really isn't much support until that zone as the order blocks are showing on the 4hr...
ADR entry with two upper targets. Once it reaches orange zone: Check RSI for any possible bearish reversals. This strategy reaches to the green zone then moves to the downside. This trade idea is intended for short trades yet reads long.
Non financial advice. Hi folks, Quick review on my plan pre-halving. Im expecting a BTC DUMP till te 63k-62k zone. Quick rollback the next week till the 69k zone, and a last dump the week before halving. So my idea, just by looking at the BTC movements the days before halving its to be extra careful. The real bullrun will happen before halving. Which target?...
Long into post-Halving breakout coming out of oversold condition on Daily/Weekly timescale
Bitcoin has finally broken below 60k and we are starting to see our bull trend get reversed!
I expect us to drop to around the 50-52k level. Maybe this creates an inverse head and shoulders that sends us back up.
BTCUSD facing two support line, the 2 lines are reaching together almost exactly where we are , the questions is will it hold? it can be a buying opportunity if they can hold BTCD from falling ...we will find out soon :)
#BTC Moving inside the descending channel Expecting pullback from Resistance level. From Resistance level I will be looking for short opportunity
This week, there are more macro events and cryptocurrency circle related events, the most concerned thing is Cz's judgment, which is a very huge reference for the follow-up of the U.S. regulation of the cryptocurrency circle. Another cryptocurrency related event is the Hong Kong spot ETF, Hong Kong as a major financial market can bring a certain amount of...
#bitcoin #btc has lost the falling channel support and now hanging below. Former trend support is now resistance. #btcusd price may test the orange box. This is also the bearish retest. Declination will cause dump to continue. Not financial advice.
The video cut before I populated all of my 'Contract with myself' Attributes were entered in. Feel free to create your own. Here are mine to help your creative flow: Approach Balanced Strategist Supportive network Resilient Long-term focused Humble Calm Adequately aware Balanced response Prepared with a structured plan Can...
Accu is done !!! Time to buyyyyyyyyy Hodl Buy in may and go away This is not a financial advice dyorr Enjoyy🌞
This is my first post in some time. As I stated before, I'm largely moving on from crypto. I'm still here, paying attention to the market. I've also created a site for my fiction writing. Eventually, I may migrate some of these posts over there as representations of my non-fiction speculative market analysis. Anyway, on to the important stuff. Bitcoin did not...
Volume aligns with a weekly top, and there is a bearish divergence brewing. Of course, it's possible that the large sell volume is only indicative of Bitcoin moving around during the ETF launch. So, that's important to consider when assuming price will drop heavily from here. I'm fundamentally bearish on Bitcoin, not because I don't think higher prices are out...
Let's take a closer look at the Bitcoin chart, using a three-day timeframe. Here's the scenario we're observing: we've developed a significant bearish divergence. Additionally, Bitcoin is currently in a short but valid sideways phase, indicating an impending decision on direction—upward or downward break is expected in the coming weeks. Our analysis leans towards...