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Bitcoincrash

18th April 2022- Bitcoin Road To $20,000Kuala Lumpur, Malaysia: Bitcoin will be going to lose some interest over time and the distributions are on the way. Meeting with the crypto whales today, they agreed to release their holding. Thy are not going to bet the system. Mining difficulties are showing stress level. No sign of recovery over next 2 months. It is better to release than holding. This decision will eventually send the bitcoin tumble to $20,000 for next consecutive season. As trader and retails digest the information and the news, they found that the market of cryptocurrency has changed. The environment is just not the same back last year. Tips: It is better to release for profit and buy it on much more cheaper price. Since there is no buy the dip quote and such quote did not exist. We will see some environmental change by next week. This could be the rise of altcoin season.
Short
by Zezu_Zaza
2
April 10th 2022: Bitcoin prediction $15,000. $38K next.Kuala Lumpur, Malaysia: Bitcoin will be the next move towards the $38K towards the $15,000 price prophecy. We have seen Bitcoin in a bull run and we enjoy the uptrend and sentiments hypes towards the $100K as many analyst bombarded with the demands towards 2 million left to mine. What we see in actually a reverse. What if anything we projected like the analyst told to be $100K is just another sentiment to create hype and it will never happen to make retails traders believe? Our team of crypto whales had a meeting. The actual plan is going to be reverse. We sell the gossip and buy the facts. World is now changing. Trading changing with times. The change is so fast. Nothing in trading is fixed. Our trading environment and style has been change before the pandemic. Now after the pandemic, it change significantly. In cryptocurrency, the system is important. We cant defeat the system. We should follow the system. On the other hand, people rushing and deposit the crypto while the reality is system inside the crypto is going to determine all of works. The system push down so hard in the mining sector. Thus, it makes others deposit become negligible. Next week people will convert their bitcoin into stable coins. We are in the pursuit to stable the crypto system and energy mechanic. In my webinar, I saw lots of people asking to me why the crypto in not like old days. Why the crypto is not hype back then like last year or 2021? They do not understand the system. They do not understand the environment. They do not understand the maximalist (right now silence as they planned something). What they know is deposit- at the end, the system goes down and the price went down. It makes retails trader baffled. I will make a webinar meeting session to explain this in 8 hours session to cover this topic and to reveal what is behind the agenda. Thanks!
Short
by Zezu_Zaza
Bitcoin crash? Recession prediction: The first predicted bottom would likely be at the 30k range. The price may in the weeks to come go through this support line but in an evidential recession would the first likely bottom be at 30k. This bottom would likely be formed after the war in Ukraine as more people are selling Bitcoin in exchange for Hryvnia or Rubel. The second likely bottom would be predicted to be 20k as the past support/resistance zone is at this level. This second level is likely caused by the FED www.federalreserve.gov increasing the interest rate and pulling back on the free money given by the pandemic. The third bottom and the absolute bottom may be seen at 10k range, as this is similar to the 85% decrease in Bitcoin price seen in the 2018 Bitcoin crash. This bottom is likely caused by the supply chain issues, the higher interest rate as well as the energy prices rising. Energy prices tend to be rising (seen in a graph created from www.bloombergquint.com ) which tells us that high energy prices are correlated to recession. On Chain data: There may be strong indications to trade Bitcoin in the short term but in the long term would the fundamentals of Bitcoin suggest the different as the Exchange netflow is negative (see in chart below) and this would predict that traders are send Bitcoin to cold storages to proof for a predicted recession. People then believe in Bitcoin long term but in the short term is their Bitcoin safer in a cold storage. In the case of the Bitcoin miners are they not mining Bitcoin and they are also waiting on a more profitable position to mine Bitcoin. This can be seen in the Miners Reserve Chart and this decrease in mining is caused by the energy prices rising. paste.pics paste.pics paste.pics
COINBASE:BTCUSDShort
by vf_investment
1
BITCOIN CRASH ?Now Bitcoin has violated its head and shoulder's neck line and in case of closing a daily candle below 46000 range , it can crash and go for MA 100 in weekly timeframe for first step. But be aware of the bottom of bullish channel , it can act like a support or even changing the trend ! To be said , MA 200 in weekly timeframe is calculated by a few logical numbers for next weeks , as you know , this moving average is really heavy to be moved rapidly , so in this case it is calculated for next weeks. good luck and support me by your likes and follows .
INDEX:BTCUSDShort
by JavadisHere
1
Bitcoin targeting $15,000 after peaking in the next few months?I am about 90% convinced that the stock market will peak and so will bitcoin between now and APRIL/MAY then we see alt coins go crazy and then we will more than likely see the bear market confirm around AUG of this year in both stocks and crypto. Lots of confluence and technical analysis pointing to this happening using the dot com bubble bursting fractal and also a previous fractal from bitcoins 2018 bear market. I believe SPY will be targeting 250 into the first quarter of 2023. I believe Bitcoin will be testing the 15K area by that time as well. We should have some time to prepare our portfolios over the next couple of months. I will be planning to add to my longer term SPY short once we get closer to 450s. I am being extremely selective with my long positions these days and I am also 110% hedging those positions. Now is the time to start making a plan if you do not already have one:
COINBASE:BTCUSDShort
by pursuitofwealthgroup
HOW LOW CAN CARDANO GOThe favourite coin of majority in the crypto space looks to be having a hard time. Here is What you need to know for a reversal to take place. We either have a Running flat correction or a Expanded Flat correction in play. Depending on which fib level we get that reversal, it's uncertain to say where the bottom is for now. However, we know that if price fails to get a bounce here, we have the 123.6 fib region next to find support, and if that fails we have the 161.8 fib support to get a reversal next. Worst case scenario is the 1.618 fib support. Pls like and share your thoughts in the comments section. Check out similar ideas below.
KRAKEN:ADAUSD
by RektMyMom
BTC Bitcoin Review: March 2020 to NowHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The chart is self-explanatory. I am reviewing the Bitcoin price using Fibonacci Retracement from March 2020 to now. The price has the potential to get supported at the $30K range or $20K range if price falls. There is a CME gap around $18.5K-$19K to keep in mind. If price stays below $20K for multiple days, it's going to be concerning. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI (Money Flow Index), Fibonacci Retracement, Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
6
BITCOIN: Here's What You Need To KnowBelieve the chart above is very much self-explanatory Bitcoin in trapped within a channel and nearing it's apex with an eventual price target of at least 30-27k which coincides with our horizontal support & area of interest and could also play out as a triple bottom which i think is more likely tbh. Should we fail to hold that then 24.7k could be a possible reversal zone. Worst case scenario 20k for 1 Bitcoin. No I dont see bitcoin going below 20k and doesn't seem logical to me. If you agree leave a like and share your thoughts and ideas in the comments.
BITSTAMP:BTCUSD
by RektMyMom
BITCOIN - Short idea - Inverse Cu and Handle TRADE ALERT: BITCOIN IDEA: SELL (GO SHORT) Would you BUY or SELL and WHY? PRICE ACTION: (BREAKOUT of an Inverse Cup and Handle into a downtrend (bear market) 1st Price Target = $20,000 TIME FRAME: DAILY FUNDAMENTALS: Omicron variant has spooked the market at the time Bitcoin fell. But we’ve seen major selling volume from investors, institutions and traders out of financial and crypto markets. BITCOIN FLASH CRASH Basically, we saw Bitcoin’s price drop in a matter of hours by more than $16,000. That was in one day. This flash crash has created lingering effects of uncertainty, fear and high volatility in the market… And because, it happened once, it can happen again. Here’s where it gets interesting. Even though crypto has a market cap of $1.9 trillion (which was $3 trillion in November 2021), it is still considered quite illiquid compared to US stocks which have a market cap of around $50 trillion. **DO YOU AGREE with the analysis? **
Short
by timonrosso87
Bitcoin & alt coins crashing! $32k btc…Bitcoin & alt coins crashing! $32k btc… COINBASE:BTCUSD Looking back to 2011 I have charted this bellow, which makes me believe 32 will be the bottom. Follow the red arrows and black dashed line down to the rsi. Realise the oversold area (blue line at the bottom of the blue box) and the upside which follows after. This is one of my major key reasons which btc can not drop under 32k. Also note the thicker blue horizontal lines which mark the all time highs at 1.1k - 19.9k, then see the 85% drop. Bitcoin has never closed a bull run under the previous all time high. Example, the run from 1.1 to 19.9k closed around 3.2k. For the current cycle, 19.9k is a key area here and for bitcoin to close its 85% drop from the all time high would need a new all time high of around 115.8k. This historical 85% drop would close the bull run above the previous 2017 all time high of 19.9k. However, if btc is closing 85% down from the most recent 70k ath, this would close around 13.6k, which btc has never done before. This makes me believe 70k was not the top and btc still has more to run in this cycle. Another observation to note is the orange curve line. This cycle has not closed that curve, it has followed around 3/4 of the curve. With that said, my pt of 115k before a bear market could be invalidated if btc continues up the curve to 559k. Also, note when the price dropped below the orange curve it then continued up the curve to 19.9k in 2017. Btc has just dropped under the curve… The long trend brought up from 2017 (black diagonal line). I’ve charted out the current down trend to 32k, which would be oversold kn the rsi. Now follow that 32k down the black dotted vertical line to the rsi. The rsi trend also ends oversold where the black line is charted. So around February time could see the bottom. With that said, this was charted at 38k btc and the price has dropped a lot quicker than that time. Regardless of date, the oversold area of 32k is a key area for me. However, if 32k continues down I would begin to worry about bitcoin as historically it has dropped to far under that black trend line. Which may suggest a bull run close lower than the previous 19.9k high. With all of that said and out of the way. Bitcoin has had a much wider & faster adoption rate in this cycle. You have JP Morgan & Goldman Sachs bullish on the Bitcoin future. Institutional adoption is still in the early stages. El Salvador has adopted the currency and continues to but the dip, on the most recent dip they acquired another $15m of Bitcoin. Micheal Saylor the CEO of software intelligence company MicroStrategy reportedly said he owns over 17,000 BTC. MicroStrategy CEO Michael Saylor reportedly owns at least 17,732 bitcoin. Saylor's bitcoin holdings are worth about $866. MicroStrategy's total Bitcoin holdings to 121,044 on expenditures of $3.57 billion. Based on the average purchase price of its portfolio, approximately $29,534 per Bitcoin, the company has unrealized gains of nearly $3.4 billion on its cryptocurrency holdings. 2 days ago — Even after Bitcoin's recent 40% slide, Michael Saylor says he'll never back down on pushing MicroStrategy Inc.'s multibillion bet on the currency. The positive adoption list goes on far more than the negative. In all leading to my own bullish opinion on the crypto market not being shook. To also mention, the stock market is having a nice correction. With the Nasdaq closing yesterday around 13% down from its high. Crypto seems to have also followed the correction, but with that said, crypto had already began dropping 1 month prior to the stock market. If there is any correlation here and the stock market correction is around the avg 10-15% the bottom could be in soon. Which would line btc up with that 33k price target. What is your move now? Selling or waiting for a price target dip to add to your position? I’am not an expert or in no way giving this as financial advice. It is purely my personal opinion of my outlook on the market. #bitcoin #cryptocurrency #bitcoincrash #stockmarketcorrection
BITSTAMP:BTCUSDLong
by Vision_Invest
Bitcoin Crash Setup: Direct Crash or Bounce First?Bitcoin (BTCUSD) has now OFFICIALLY invalidated the bullish PURPLE setup that I covered which had us seeing a nested 1-2,i-ii setup in both BTC and ETH. This pullback is such a strong signal, that I have shifted to the RED bearish pattern as my PRIMARY! This pattern calls for a continuation of the pullback that started after our April 2021 top all the way down into the 20k range! GREEN is my bullish alternate pattern. In Elliott Wave Theory, there is no stronger sign of a major impending trend reversal than seeing a 5-wave impulse break the price down through support. And that's exactly what we have seen in Bitcoin (and Ethereum)! We have a 5-wave impulse down that has broken below the major support at 39,600. While I expect a sharp 2nd wave bounce before the final drop, the GREEN pattern is NOT fully dead! If see a 5-wave impulse up and 3-wave pullback and the price exceeds our ATH, then the it is the RED pattern that is dead! The RED alt pattern sees the entire rally from summer into November of 2021 as having been an ABC corrective B-wave rally, or a fake-out. That would make the next movement a ferocious C-wave crash down. As C-waves are always 5-wave patterns, we would look for an impulsive 5-wave movement downwards as the 1st subwave of this larger C-wave. And it appears that we more or less have that in place now in BTC and ETH! From our Nov 10th top to right now, we can easily count a 5-wave impulsive drop that seems to fit appropriate Fibonacci targets. If this really is Wave-1 down of our larger C-wave down, expect a big Wave-2 bounce up to nearly 60k before the final drop begins. This would take the form of a 3-wave zigzag up and offer us a "gentleman's exit" to unload any holdings in preparation for the ensuing crash. However, there is a small chance that we don't get the bounce; if we break below the 32.7k - 35.9k region directly, I'm exiting my positions! That may be an indication that the 3rd wave down of the larger C-wave has already begun! In summary, don't panic, but please do have your exit strategy prepared in case things turn bearish! Know when you will sell or IF you plan to sell. If you plan to 'hodl', then commit to it! There is a small chance that we have a 5-wave impulse take us right up through our 68k ATH, which would immediately kill the RED pattern, but until we see that, stay on your toes! Check out my explainer videos on YT! I use Elliott Wave analysis to project price levels for different assets and asset classes. EW is a form a technical analysis that is absolutely NOT based on fundamentals. Please be aware that this is not intended to act as financial advice. I am not a trained or certified financial professional. You may invest based on a strategy tailored to your own skill and risk-tolerance levels. #bitcoin #cryptocurrency #blockchain #crypto
BITSTAMP:BTCUSD
by Critique-al-Thinker
1
BTCUSD: And another bad news for bears: buy the dip!Hello my friends! This post is for all the fearful who have not yet been in the market in 2017. Corrections of this kind in the bull cycle are quite normal from my point of view. I still see us on track. I have analyzed the situation with the Trend-Based Fib Extension and also with the "normal" Fibs. In all cycles we could come to a similar result: the first top was at 1,618 and the main top was at 2.36. If we compare "normal" Fib with Trend-Based Fib Extension, we would reach the top at 3,618. Exactly at the same point. One more remark, even if we only reach the 1 at Trend-Based Fib Extension, that would be at 90K and the 1,414 would be at my minimum top of around 115K. As a Hodler who buys Bitcoins and does not sell them, I am still quite relaxed about this move. The main resistance at 39.5K has held. Thus, this could be a roughly -40% move like 2017. Next week it can go straight up again. Lets see. Lets cross our fingers! ;-) -- Let's see what happens. Happy trading. :-) BTCINVESTING -- My Post from Jun7: "BTCUSD: Another bad news for bears!" My Post Apr 15, 2019 (2 year ago!). I was one of the first btw. ;-)
INDEX:BTCUSDLong
by BTCINVESTING
115
More bad news for BitcoinElliott Wave Bitcoin analysis: Unfortunately more bad news for crypto holders I recognised the Impulse wave down. We are in Wave 5 down. Trend Based Fib Extension finding support 1.618 at $ 33, 700 possibly even going down to &30,300 previous support level from 21 July 2021. Disclaimer My content is intended to be used and must be used for informational purposes only.Do your own analysis before making an investment based on your own personal circumstances.
BITSTAMP:BTCUSDShort
by WavesInvesting