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10k

btc bottoming at $12k. possibly $10k-$14k FTX has collapsed. Most of the big names on CT have lost everything. Bitcoin looks ripe for the capitulation to continue (not without some relief rallies though). I would like to be buying between the 10-14k level for that generational wealth entry. Don't think you can go wrong buying between those levels and waiting a year. Keep in mind though that btc has never existed in this macro environment (like USM2 contracting for the first time in history), so we may see lower like 8k ~ now that would really test peoples conviction in it, but those buying at those levels deserve to be rich. :)
BITSTAMP:BTCUSDShort
by navywhiskey
1
bitcoin flash crash is on the wayBTC has formed massive descending triangle and we are about to see a massive flash crash. CPI report is also coming on 13 oct, so we need to wait for that report in order to take action. we also need to wait for breakout and retest. a simple breakout could cause a quick flash crash. i am expecting $10k $btc by the end of this year although anything could happen i will be updating this idea on regular basis whether we are going to break upside or downside. bearish scenario is most probable at this point.
Short
by CryptoSlazy
4
No surprise if BTC goes to 10k this bear market!Here's a quick look at the BTC log. chart. In its second bear market, BTC retraced 87% from ATH and the bear market lasted well over 600 days. In the third bear market, BTC retraced 86% from ATH and the bear market lasted 480 days. In the current bear market, the price has retraced around 73%. If the bear market takes the same path as the previous bear markets, then we could see a 10k BTC. It should be mentioned that the BTC price isn't showing much strength right now, and S&P 500 is also finding some resistance. We could easily go down from current levels. ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
INDEX:BTCUSDShort
by MBM_Crypto
10
BTC outlook - Bearish trend continues!Here's a quick look at the daily BTC chart. As we can see, the price has been on a downtrend for several months now, and it doesn't seem to be reversing anytime soon. The price is currently very close to a break to the downside from its current rising channel. The most important level to hold above atm. is 20.5k. If we lose that level, the price will eventually revisit 18k, and if that doesn't hold as well, then there's a very high possibility of 10k BTC since there is no support between 19k and 12k. Also if DXY keeps rallying, then expect more downside for BTC! Altcoins are extremely high risk right now - Trade Safe! ------------------------------------------- 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." ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Short
by MBM_Crypto
12
Probably BITCOIN may local Top Here? or Move higher!! #BTC Weekly Chart When I tried to look at BTC from macro/weekly time frame, my perspective changed a little. I'm not much convinced with this rally from 17.6k to 25k unless and until we break that Giant Trend-line initiating from Nov 2021(Cycle Top). I'll sum this chart here in brief for your better understanding. Btc made All time High in Nov 2021 which marked start of Bear run. Bear Run Phase 1 - Dump from Nov 2021(69k) to Jan 2022 (33k) and Relief rally from Jan 2022 (33k) to March 2022 (48k - Higher Low) Bear Run Phase 2 - Dump from March 2022 (48k) to June 2022 (18k) and Relief Rally from June 2022 (18k) to Aug 2022 (25-27k Potential next HL) Only positive here is Btc is back above weekly MA 200 which is giving it a Little bullish insights. I personally believe, Btc will like do a Fakeout this week or by next week towards 25-27k, touch the trendline and head towards another Bear Phase. Only break of this trend-line and close above it will make Bullish Case Alive. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #weeklyclosed
by Bitking786
2
could Bitcoin go to 10k or 40k?? RSI is Trying to break out:!!Technical analysis: #BITCOIN (Monthly update) * BTCUSD is taking support from Raising wedge Pattern Trend line in Monthly time frame. *Bitcoin Bulls are Regain the 50-MA is Good sign but need to Reclaim the 29k Horizontal Resistance for further Upside movement .. *The price is trading ABOVE both 50- MA as well as trend line is LOOK Bullish// * RSI is Trying to break the Down Trend line, if price could break it then it will take momentum from here.. 🥰If you find this helpful and want more FREE forecasts in Tradingview😍. Please show your support back🙏, Hit the 👍 LIKE button, Drop some feedback below in the comment✍️! ❤️🤝 Your Support is very much 🙏 appreciated!❤️🤝 💎 Want me to help you become a better Crypto trader? Now, It's your turn! Be sure to leave a comment; let me know how you see this opportunity and forecast. Trade well, 💪 #bitcoin #crypto #nextmove #bullmarket #sideways #btcusdt #monthlyclosed
BITFINEX:BTCUSD
by Bitking786
1
Bitcoin to 10.000 USDHello everyone, today I want to discuss several impact targets fort he upcoming selling extension on BTC. This Chart is seen from a purely technical perspective and has nothing to do with fundamental knowledge about the Crypto market and its correlation to economical events such as the excessive money printing by the US, which can have an impact on the Crypto Market Cap. As you can see, Bitcoin has finished its B wave, which is made our of 3 waves (a, b and c). Wave B made a new high which is considered as an Flat Correction according to the Elliot Wave Theory. I have given multiple warnings in the past that this ISN’T a bullish breakout, which is now starting to crystalize itself as a big bull trap. I expect an acceleration of he sell-off within the next couple of days and weeks. Therefore, possible targets for an impact are the 0.618, C = A and 1.618 Extension as shown in the Chart. The final target of 10k isn’t just a doomsday scenario as news may have told you. However it’s the deepest target for our correctional Wave C which would end up in a Expendad Flat. For further informations please see below. I'm excited to discuss this Chart with you! RL from RT_Trading
COINBASE:BTCUSDShort
by RT_Trading_
7