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Bitcoin-short

4 Wick Drop Formula on BitcoinMy previous charts that predicted the Bitcoin DUMP were on the Weekly TF. This chart is a day later of the Daily TF. Same chart just broken down to the Daily TF. In Real Time my Formula is holding up and Bitcoin is dumping faster the the General Lee!!! I would say 29k to 27 4k and STILL DROPPING is a DUMP! Could this be the last run on liquidity before Bitcoin turns BULLISH and never returns to these prices again in the history of EARTH???? Think about this narrative: Sell as low as you can go. Then when we see the bottom SET we position ourselves to be BULLS when the Bullrush on Bitcoin begins. The signs before the bullrush will be consolidation and excitement for us. Because will have weathered the storm, and will capitalize on the greatest WEALTH CREATION in the history of human civilization! This is when those predictions of Bitcoin going to he MOON in Nov 2021 are validated. (funny how the market moves that way) Exciting times we are in for sure! As always: NEVER over leverage. Trust your trade set up. Have fun! Trading Made Simple.
SAXO:BTCUSDShort
by Master-Jedi-Trader
Bitcoin is non-recoverablehello. I'll give you my personal opinion. Bitcoin is currently hovering around 30K. Current trading volume is also low, and a major decline is expected in the near future. It is more likely to fall than to rise. If open contracts are consumed by a small downtrend, it can result in a large decline. Don't blindly trust your indicators. It all depends on the movement of open agreements. Currently, a lot of open contracts have been consumed, but it can only rise when more is consumed. We offer long and short signals free of charge. Please see my profile.
Short
by pump_shot
1
New Rising Channel for BitcoinCurrently, we seem to have received rejection from ma200 in the h4 time interval. Although we seem to be holding on to the ma50 on a support basis in the same timeframe, I don't think it will make the channel valid and I think we will throw a pin below the weekly ma200 and close it on this lively average. Although the sloping channels formed in all kinds of logarithmic scales and weekly timeframes show that we are at the bottom, there is clearly a need for a sharp decrease so that we can see a sharp reaction rise. We still have not reached the goal of the bear flag formation in the big picture, and moreover, there is another bear flag that we can see in the small picture, confirming the goal of the other one.
B
by the6ylal
BTCUSDTPERPBTCUSDTPERP SHORT Is the most famous investor in the modern history and his international conglomerate able to update historic highs before US economy spirals into recession? Let's look at it in more detail. Fundamental indicators: Revenue and Profits - demonstrated consistent long-term earnings growth over the past 10 years except 2020 Profit margin - not consistent and varies from 10% to 20%, 2021 was with the highest 28% P/E - 8.4x which is considerably lower than the current S&P500 ratio Liabilities - no problems with debt Technical Analysis ( Elliott Waves ): Following the correction of March 2020 shares of Berkshire Hathaway have enjoyed similar growth cycle as S&P500 with 120% gains This bull run was formed by an impulse where waves 1 to 4 have been completed and wave 5 is currently developing Wave 4 is clearly identifiable as a lengthy and flat Running Correction that lasted between May and November 2021 The final wave of the impulse is quite choppy with lots of crossings which often indicates the development of an Ending Diagonal pattern with a structure of 3-3-3-3-3 If this is the case then waves 1 to 3 have been established and wave 4 is in the process of completion Once this zigzag-like correction is over we can observe another zigzag to update the historic highs and potential gains for investors of 20% What do you think about Berkshire Hathaway and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves . Thanks
Short
by skytvfx
2