Bitcoin-short
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
#Bitcoin to 41k then to 13k Hello Padawans,
Just a crazy chart I just tried to catch something. I will publish an analysis asap, needed to develop this analysis.
Anything can happen in this crypto space. Be smart, and manage your risk.
Buy and hold bitcoin. #Bitcoin is more precious than you think!!!
Cheers!
May the force be with you!
S&P 500 short s&P is in down trend
we going rn to the orange like that's could hold for a bit maybe
i don't have alot to say because it's already did the move . but yeah we going lower that's not good for crypto crypto going lower too
apple amazon tesla i shared this chart before and they all hit the target but yeah we could see more lowes
BTC in Rising Wedge You've Been Warned!If we also consider the stochastic relative strength index on the 4-hour timeframe, we will probably fall into the lower band of the channel.
SHORT IDEA ON BTC CME FUTURE RISK REWARD 1:2Possible bounce to gap on Bitcoin CME chart after big sell off. Fibonacci levels support my idea too.
OPEN at GAP level
STOP LOSS when broke resistence trendline
TARGET PRICE around the previously Lowest price.
1:2 Risk/Reward.
My opinion is that price may be drop to lowest level according to Fibonacci to cca 17000 $ when broke down cca 25 500 $
STABLECOINS ARE DYING! What's next???Yesterday we saw a huge plummet of ust (terra) stablecoin.
Because of that Luna dropped 99% and currently is traded under 0.15c
If you check other stablecoins, you can see that there is a lot of volatility lately and slowly but surely they start tanking down.
What does it mean to us?
1. Stablecoins aren't stable anymore
2. It's better to wait the storm out in fiat
3. Usually, such instability happens before huge BTC drop.
On the interesting note we can see that BUSD is holding stronger than others, and binance is really committed to keep it that way. If it holds, while others will fall, it very easily will become new #1 stablecoin.
What do you think of this idea? What is your opinion? Share it in the comments📄🖌
If you like the idea, please give it a like. This is the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
Key points Short BTC 09 May 2022Current expected movement from IV = 3.4%
At the same tim we estimate with a 85.7% confidence that the volatility for today is going to be below 3.67% for this the market will stay within
TOP 35300
BOT 32750
All of this being calculated with the opening value candle of today or yesterday close daily candle
From the funding rate point of view, the shorts have to pay the funding fee to the long positions,
giving us the idea that there are currently more shorts than long in the market( bearish )
From the fundamental point of view
we have not big volatility news today
With all of this in mind, we can try a scalp entry for today with the next setup
stop loss 1: 34000 or the opening price
stop loss 2: 35000 expected top for today
take profit 1: 33000
take profit 2: 32750 expected bot for today
BTC ShortBitcoin seems to be riding a new down trend, I think BTC will fall to 37k within the next 1-2 days. It could possibly even go down to 35.5k zone in 2-4 days. I've been tracking BTC since its rise on March 14th, my bias is short I expect it to keep dipping. If Bitcoin does continue to dip down towards 35k I think bulls will then eventually take over and create a new uptrend.
BITCOIN Will Move Lower! Short!
Hello,Friends!
Indecision in the market is changing
Towards a well defined bearish sentiment
And the price action on the lower timeframes
Is clearly supporting this narratve
Therefore, I think it is a goodidea to go short!
Like and subscribe and comment my ideas if you enjoy them!