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Bitcoin-short

Scam pump incoming.Many scam pumps, it has a reason actually. Price is testing a strong resistance from 2015-2017 bull run (RIP) which is the gray horizontal line at 7700-7800 (0.618 fib retracement). Also, many bagholders and deluded millenials are FOMOimg hard and longing, market will do the opposite, as always. A good point of entry may be if price breaks 7800 or a confirmed inverse SHS pattern on falling wedge breakup. Close on 200ma. DEGENS, GAMBLERS AND ESPECIALLY BAGHOLDERS WILL REKT REALLY HARD!!!
COINBASE:BTCUSDLong
by truenacuerdas92
1
BTC - More Downside ComingI do my best to only trade longer term trends. My last post was during the last bottoming event for Bitcoin when I was accumulating. In my opinion there's two scenarios here. We bottom out in the 5k range and bounce or Bitcoin breaches the 3200 low from last year and we destroy a lot of peoples hearts in the process. I've set my first two 25% short term buys for BTC, one of them has already been hit. I will evaluate market conditions if we break below 5k and publish where my final two buy targets will be.
BITFINEX:BTCUSDShort
by miKnutts
1
6 Key Levels to Watch Out-Bottom for Bitcoin may not be so CloseFrom top to bottom, strength of each support level gets stronger. Neutral interval between 5800-6400 may provide a strong support for a big bounce but I don't think that bounce will be high enough to end up bearish tone in the market. Strong interval between 4100-5000 is being the turn of the bearish market to bullish seems most possible. Last support interval between 2000-3500 is by intuition my favourite level. I've been thinking of Bitcoin dropping to this level for the last month and somehow it makes quite a lot of sense. It was the most popular idea of the previous bear market. If the rumors about Bitcoin dropping below 3000 start before Bitcoin actually reaches to that point, It may never be reached. If Bitcoin does reach to this level, probably it will catch many traders off guard.
BITMEX:BTCUSD.PShort
by UnknownUnicorn4649511
Big picture BTC / USD Bull or Bear ?Hi , I try to display a big picture of what is going on with BTC / USD. Looking at this chart you can clearly see that the bounce that we got should have been no surprise ! Cluster support was present and reversal signals were there on the micro trend , hope everyone was able to make some cheese. Looking at the big picture , I am still seeing a downtrend though. I expect some consolidation and then a nasty rejection that will put as at the mean of the channel again. Keep in mind , traders act upon what the chart is showing us. I dont have a magic ball , if the reversal signs tell me to go long , i will go long , but for now I am still bearish. /_\
BNC:BLXShort
by Nova44