Simply put, he created it to take financial control back from financial elites, giving ordinary people a chance to take part in a decentralized financial system. Bitcoin remains open-source, meaning that no one has the power to own or control it in its entirety
The price didn't manage to close with a bullish p.a in daily chart yesterday, it creates a bearish OB and a confirmation of fake out Any bounce should be a relief for another leg down Here are some levels of potential bounce lower Educational purpose only Have your own t.a don't follow blindly Nfa
Imagine 59k bounce to 68-70k And then dump hard to 55k and 51k and finally bottoms with a 49k quick wick lol Would be killing so many fomo traders Educational purpose only Nfa don't follow blindly, just an idea
The three black crows is the inverse of the very famous "three white soldiers" candlestick pattern. The three black crows is a pattern that may predict a change of trend, in this case, the end or reversal of the current uptrend. ➖ The week is not over so this pattern is still in the making; not complete, needs confirmation. Once the week closes, if it does so...
BTCUSD - Sell Signal! Big Pour Down All signals are listed on the chart, you are free to interpret it as you like, but this seems like a good trade. I personally won't trade this since I don't trade Crypto since I am new to Crypto markets and are very unpredictable.
Upon analyzing Bitcoin (BTC), we observe a persistent downtrend. Notably, the price has recently entered a crucial support zone and experienced a retracement, potentially presenting a sell opportunity. In our video, we delve into various aspects of technical analysis, including trends, price action, and market structure. It is essential to emphasize that the...
I think at this point we can very clearly define the areas of bear risk and bullish breakout in BTC. I've seen various calls for pullbacks to the 50K area and then bullish continuation. While that does make a lot of sense in ways I find that hard to expect given BTC has never done that previously. In all instances where BTC has made a bullish breakout the...
Last bearish wave was completed right at target now it’s time to buy again
The larger timescale (4HR) has a bullish wave reaching up to 68000 but the bearish WW in smaller timeframe goes back to 62k before going up.. Well given all the negativity, I would go short first
BITSTAMP:BTCUSD lets be "Neutral" for a second and look at whats going on in the 10H chart. There has been 2 breakout attempts, one almost made it with a resistance turned support retest and bounce near 69k but then failed miserably. On the bearish side we had, 4 bounce off the support BUT it seem that its possible the 5th time will be the charm. The trading...
Let’s short this thing now and let’s ride down. From technical perspective it’s very simple, but mostly it’s around fundamentals and political pressure and uncertainty
What a piece of beauty the wolfewave is, spotted at TOP and came down to low of month, love it
This is finally shaping so well, we might see a touch of upper line inside the wedge near 70k, but not always. The move down to near 60k will be explosive, the pattern is invalid only above 73k
It is possible that we are making a larger wolfewave , we are nearing point 4 that means a impulse wave up to supply zone need to happen.. that can take us to ATH near 80k and shortly after that dump to near 50k
Everything in chart and we tracking the previous wave still active
Read more about wolfewave here www.wolfewave.com Note: Not my invention, but such profitable tool.
Target is so deep you can’t even picture, it won’t happen over night but “we are never going under 50k” would be crying. This is going to be long term trend change, bitcoin was never in Bearish trend, but here that changes
We broke down under the trend line few days back, the pattern is classic Bull trap where the liquidity is around 71-73k Unless we close straight up for 2 days above the broken trend line, keep selling for much greater profits.