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Bitcoincrash

BTC/USDT - WHERE ARE WE HEADING NEXT? (AN UPDATE!)Last week we've called out the next pivot point as to where the BTC might be retesting, and boy we were accurate about it! For our Weekly TF analysis for today, I have plotted the major points in bitcoin and it's trend shift from wayback 2017 to ATH and now..still in the bearish market. 2020 bearish market was affected by Covid-19. Hence why the price has dumped to 4k levels. We'll be waiting for another 3yrs to witness the next bullrun after late 2020 since it's been the pattern with this market. This time, it's different since Fed Chair Powell signals that more interest hikes are incoming. And what does this mean in the market? When interest rates rise, that means individuals will see a higher return on their savings. This removes the need for individuals to take on added risk by investing in crypto or stocks, resulting in less demand for both. It's bad for business in general. On the technical side of things, we're currently trading at 20k as of writing this analysis. We're expecting a sell-off until 16k levels. Since we're heavy bearish, I'd hold-off my sells until it reaches our Major key level at 12-13k levels. We have 4 majors news on USD for the coming week, so expect another volatile market and a volatile market brings a lot of opportunities for us traders. HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW.
Short
by JuanCrlsTrades
6
H4 TIMEFRAME ANALYSIS ON BTC - AN UPDATEH4 TF ANALYSIS If you have been following my content lately, I make content on crypto and forex. Days ago, I've made an analysis on BTC about a possible setup, this particular setup is now happening. Last week, the dump happened on thursday and there was a continuation over the weekend. If the news about the dollar is good, expect this pair to make a retest on the 19k levels. FOR REFERENCE: PLEASE SCROLL DOWN AND CLICK ON LINK TO RELATED IDEAS FOR MY PREVIOUS ANALYSIS ON BTC PATIENCE IS KEY HELLO, TRADERS! IF YOU LIKE THIS ANALYSIS, PLEASE LEAVE A LIKE AND FOLLOW MY CHANNEL AND LET ME KNOW YOUR THOUGHTS BY COMMENTING DOWN BELOW. On the technical perspective, you can never go wrong on the divergence with the RSI that's been manifesting on the H4 TF.
Short
by JuanCrlsTrades
10
Ethereum Flippening - Fear, Greed, and False HopeTo begin, I want to tell you that you should not have faith in digital currencies. The rogue faction within the Chinese Communist Party is, and has been for years, behind the scenes. Wall Street are, and has been for years, the Party's abettors and blood transfusors. I also want to tell you that global markets in general are about to experience something far more trying than a recession. Humanity is entering something worse than The Great Depression, or even "The Greatest Depression." Humanity is on the cusp of what I call "The Great Destruction." In this process, the target of the controlled demolition by the establishment Red Cult is primarily middle class ordinary people. It's something like a test. Whatever vices you have will be exploited to bring your downfall. Greed and fear are what moves you and they are why the market moves as it does. Consider that research from the London School of Business found retail traders gambling on options on Robinhood via "the bros" at r/WallStreetBets lost $5 billion USD during the greatest bull run in the history of stocks. Consider that silver and gold are on their way back to three and one digit respectively after people were told to get out of the US petrodollar because of its alleged coming collapse as the global reserve currency. Consider that interest rates are about to be hiked to the point that people can't afford their mortgages. Consider that WTI Crude and Natural Gas will dump and then print numbers like $180 and $15 before the year is out and you won't be able to afford to drive your car or heat your apartment anymore. Consider that Bitcoin is down 60% from its all time highs and showing no signs of life. There's no "web3 revolution," there's just bag holders because Central Bank Digital Currencies will destroy the industry and they are already en route. Consider that the stock market is down 25-30% YTD and 2021's prices are _never_ coming back. These are all things the middle class have been told by "experts" to trade their cash for because of various reasons, especially ones like the fallacy that the US Dollar is about to devalue and be depreciated. You're about to get your chance to chase the moon again, though. The Flippening is coming. For this trade concept to work, it will rely on ETHBTC to reach 0.25 as it will happen at the same time that BTC plummets towards $15k. This will result in Ethereum taking the #1 marketcap position away from Bitcoin. Ethereum will give you hopium amid widespread doom. You will believe that you are on the cusp of a new paradigm. People will put in what little they have left and start taking out payday loans and spending their HELOCs to buy, not wanting to miss the race to $5,000 and $10,000. Based on what I have foreseen, Ethereum is about to have an unpleasant and uncomfortable pullback towards the July open. This is a buying opportunity. The target is under $4,000. The RR on this trade is like 9:1. Don't short Ethereum. You will die. Don't hold Ethereum. You will die. Cash is King. Buy gold and silver when they're in the dumpster and return to tradition. Digital currencies are without a future. All are fated for $0.00.
Long
by LordWrymouth
1
BTCUSD (BITCOIN)Bitcoin Longterm Analysis : After drop of bitcoin price from 31k price hold 18926$ level on daily candle closing above this level now we see in big timeframe market structure is forming bearish wedge or rising wedge in downtrend which show the selling trend continuation to downside. and price now rejecting from its strong level of resistance trendline also from 200EMA retest in Weekly time frame show sell trend continuation. What next in Bitcoin? Price is rejecting from the reistance trend line from previous 4 5 days and candles also give indication of bears taking control some pin bar and evening star candles show the bear strength. Go to 4H and see i draw the gray zone market structure if price break and candle close in 1h than we short and our target is orange trendline support if break also breakthis support than we see the longterm down trend in bitcoin btc and in crypto market altcoin is continuinig and price drop to next level of supports. Volume Analysis. Volume is also high and show the instituitions position are active at this supports and volume is high. ADX D+ D- . Adx indicaor also show the power and strength in the daily time frame its at 21. D+ is now crossing the ADX which show that it soon coming to D- and if D- is sucessfully break D+ to upside than ADX is also high we see very strong fall in the price of bitcoin towards 22k and 21k levels.
Short
by naumanfx_
BTCUSD [BITCOIN USDT]Bitcoin Analysis: After price drop to strong level of support 24172 level we see bulls take the control and push price to upside toward the strong key level of resistance also hit 25k high where 200EMA restest on Weekly timeframe and in short time frame candle close below 25k and also respect its resistance trend line 24936. What next in #bitcoin? Price of bitcoin retest its 200 EMA on weekly time frame and close below the trend line in short timeframe this show bearish market structure also important bearish chart pattern triple top formation show some kind of selling pressure in bitcoin. Also evening star candle stick show bearish sign. ENTRY SHORT 24800$ TAKE PROFIT 24509$ TAKE PROFIT 24131$ TAKE PROFIT 23667$ STOP LOSS 25300$
Short
by naumanfx_
1
THE BITCOIN CRASHIt is clear that the cryptocurrency bubble has suffered a fall, but the worst is yet to come. Bitcoin does not have any kind of value, and this reminds me of the .com bubble of 99... where only those companies that really provided good value survived. Well, I think something will happen this way with the "Blockchain" technology. Many worthless projects will be destroyed and only those with a very good value will survive in the future. The currency "Bitcoin" is not a PONZI. What is a PONZI is the number of projects that are created in order to scam people, we have already seen many scams... Squidgame token... Omicron Coin... LUNA... USDT?? These scam projects or projects with pure FOMO and meaningless, as they happened in the 99's, will devastate the entire Blockchain and economic sector... Bitcoin has provided a great technology, the "Blockchain" that is why I appreciate it like many other people. Bitcoin is great and I'm a big fan of it, but sadly, the bubble is going to burst. Without a doubt THE WORST WORLD CRISIS as I mentioned in my other article of "2023 Global Crisis". It's literally not one bubble, it's several... You would see this bubble as a bubble within a bubble within a bubble within a bubble within a bubble within a BIG bubble. If any bubble bursts (which will burst), the rest will too, maybe a little longer or a little less, but they will. In the graph you can see that my levels to which Bitcoin can fall are between $6,000 and $25 Some people will call me crazy, but in reality my figure is not true since no one can predict the PRICE of the market. What people can predict is how other people predict a price with FOMO. You don't have to be a genius to see it, you just have to walk away from the party and see how others enjoy very loud music while the next morning everyone is on the floor. Please do your own research and do a lot of research on this. DO NOT PUT YOUR MONEY IN CRYPTO STABLE COINS, Thanks. I AM NOT A FINANCIAL ADVISOR. YOU AND ONLY YOU ARE RESPONSIBLE FOR YOUR INVESTMENTS AFTER READING THIS ARTICLE. Thank for reading this article (if anyone has read it), A pleasure to share my advice, Esiquiel ;)
BITSTAMP:BTCUSDShort
by TheWaterBottle
3
BITCOIN Bullish Reversal Opportunity!!Welcome Traders, Investors & Gamblers 😃 As expected we are slipping lower and there is one key level tht we need to bounce off from this weekend! I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! 😃🙏 Happy Trading ✌♥📈
COINBASE:BTCUSD
by BitcoinEasyIO
Where Will Bitcoin (BTC) Go From Here? Even though the market has been extremely brutal, there are some key levels I'm looking at to start buying/DCAing into Bitcoin. The indicators I have on the chart are the Whales buy-sell indicator (mine), VMC Cipher B (free), and the RSVP Extractor (mine). I have the Weekly chart up for BTC because that gives the best overall data for buying support whenever you have a downtrend as strong as we've had. As you can see on the chart, the next major level of support is around 19-20k. This was the previous ATH in 2017 so it's obvious why it's a big support now. Along with this, I also have a huge descending wedge draw (teal lines) which is a bullish pattern that usually breaks to the upside. With that said, we can technically ride the trendline support all the way down to 12k which seems horrible (but it only is if you're not ready for it). The big things I'm looking for is a "Buy" signal from the Whales buy-sell indicator, a Green dot from VMC Cipher B and the RSVP Extractor to start curving to the upside. Until then, I will lightly DCA at 19-20k, 16k, 12k, and even 9.5k if we get there. If we do bounce from here, there is big resistance near 25k (previous wick down and 200 EMA) and major resistance at 30k. TL;DR Major support levels for BTC: 19-20k, 16k, 12k, and 9.5k Major resistance levels: 25k and 30k Possible descending wedge forming with major confluence support at 12k If you enjoyed my TA and have any questions about it or the indicators I use, please leave a comment below or send me a DM :)
COINBASE:BTCUSDShort
by CryptoScripts
Bitcoin, Determined to Test Low $20Ks | Digital Surf TradingAfter finishing a time-killing move within its recent Expanded Flat formation, Bitcoin has now entered what seems to be an Extended Diagonal/Wedge/Wyckoff/Wolfe Wave pattern down to the lows between $21K-$25K. The internal Wolfe Wave in the pending Wave 5 is not shown on this chart however waves have confirmed that this is already in motion (the DSTC will deliver updates on this internal action). The pending fractal will not allow for new entries to remain profitable for too much time as the waves are due to overlap in volatile fashion. For traders who are determined to jump in on the waves, its best to get in and get out relatively quick. An even better idea would be to use the near real-time analysis which I'll be sharing within the DSTC. As for macro moves, this should be the main takeaway, "Bitcoin has not bottomed out until it reaches the levels of $21-$25K. Lastly, Wyckoff and Wolfe Waves are both knockoffs as the great Ralph Nelson Elliott first outlined this concept :)
BITFINEX:BTCUSDShort
by DigitalSurfTrading
3
BTC ANALYSIS WEEKLY On the weekly chart which represents a long term, but has retraced down to the .60% Fib. ret. level ($29,000 - $32,000). Now, this point is a strong support level because from this point in previous times, uptrend/bullish reversal usually occurs. a CANDLE CLOSE below the .60% Fib. level ($28,477) will send it to .78% ($18,365) for further confirmation if the candle successfully closes below the "THEORETICAL TRENDLINE" then ultimately price downward to .78% ($18,365) Fib. ret. lev. is certain except for fundamental reasons.
by DewyCandles
Bitcoin Buy Area updatedI think many of the Binance IPO whales will cash out some BTC and and BNB after the news that the Securities and Exchange Commission (SEC) is investigating Binance for the issuance of its cryptocurrency token Binance Coin. A report from Reuters agency says that Binance unknowingly processed billions in illicit transactions, including illegal drug sales, hacks, and investment fraud totaling $2.35 billion! I think this could lead to sell-off in the crypto market if it proves to be true. My new Buy area for BTC Bitcoin is around 26K. Looking forward to read your opinion about it.
Short
by TopgOptions
Trading plan and review of Key Levels for major marketsReview of the key levels in the major markets as the US continues to edge lower. US share market staged a late rally to fend off the bears which has led to a strong Asian market open as traders go bargain hunting. The general trend remains down with the USD, Inflation and Interest Rate Rises in focus. BITCOIN and ETHEREUM took a beating as BTC spiked below $30k to take out some stops. Crypto enthusiasts will be hoping to see BTC back above the $30K area to fend off more selling pressure. Markets covered US - DOW, Nasdaq and SP500 Europe - DAX and FTSE100 Asia - Hang Seng, ASX200 and Nikkei FX - Dollar Index (USD), EURUSD , GBPUSD , AUDUSD and USDJPY Commodities - GOLD , Oil and Copper Crypto - Bitcoin and Ethereum
COINBASE:BTCUSD
by TradeTheStructure