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Bitcoin-short

Bitcoin (BTC) still on a down trend - Short or stay outIf you are thinking about buying BTC, I would wait a bit. Bitcoin is still on a downtrend and it is not showing any sign of strength yet on the daily chart. So if you want to invest or trade it LONG for mid to longer term, I would just wait until it at least closes above the green trend line. From there you could target the BLUE trendline as a TP zone. Personally SHORT BTC right now on my Trend Following 1D strategy.
Short
by TrendSurfersSignals
BTC - The road to 15k or even 10kHello, This is not financial advice, just my pure prediction. I waited for this moment for so long, but finally, we are one week close to BTC's next possible price drop. My prediction: Soon BTC will make a final increase up to 22-23k and then will start to drop to 15k and then 10k. Why do I think this will happen? - We are close to one of the most significant recessions(you can look at my Dow Jones analysis from February, OIL Price, and other materials prices), and people have started to get their investments out from crypto to do more secured assets. - The price action: As you can see, it will touch the 1D trendline very soon, and I don't think the bulls are too strong to push the price above it too much. Maybe we can see a small bull trap, but the price will go down in the end. - We are in a bear market - Many crypto projects started to fall, and the fear in the market became more prominent and significant, making people short the price. - The stock market is going down (see my last post on Dow Jones from February 2022)
Short
by dragosacorex
1
Bitcoin Analysis - IndecisiveMarket Update - Bitcoin - Indecisive Bitcoin has been in no man's land from the past few days. I was ready to short, when it got rejected 24600 level, but the recent impulsive move upwards move has made me invalidate that idea. Overall the whole market is indecisive. At this point, I am sitting on the sidelines, waiting for the market to do its thing and then enter in trades. Currently there is no trade. I would only be looking to short bitcoin, if it crawls up to 25700-26000 levels, it would be a nice opportunity to short with minimum risk and the next target would be 17000-15000 levels. This is the only trade that I would take if it comes to my levels. On the other hand, Bitcoin can just drop dead to the structure lows (blue trendline) and then proceed lower. In that case. I would not be entering in new short positions as market is already at very low levels and shorting from there would not be a good idea. The reward would be less and then theres this major support level at 16000 from where I expect it to reverse completely. Short Version of the Summary. No trades as of yet. If bitcoin touches 25700,26000 levels - Short If bitcoins falls below the trendline, Only look for buys at major support level.
BITSTAMP:BTCUSD
by Royal47
Easy Shorting Setup On Bitcoin (BTC/USD)The second day of the week. Lets look at Bitcoin Bitcoin (BTC/USD) Shorts are not done yet, there have been many investors now getting back into the market buying bitcoin. I do not think that bitcoin has reached its bottom yet. The trend remains bearish with confirmed lower lows and lower highs, and this is the correction. The manner in which price is moving is very corrective, I would like to see price take its time back up to 28295 which is my point of interest, it's also an untested level resistance that should be filled and provide, at the very least, a reaction. My target on this one is the previous low which should be an easy target if price manages to reject the point of interest. There may be a lot of room for price to create a new lower low. On the flip side, Price could continue to push past my point of entry, If price breaches 30k with force I will exit this position or just manage my risk by closing partial losses. The week is still young and there is no need to force anything. Stay disciplined. Renald Philander
BITSTAMP:BTCUSDShort
by Tradebudz