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Bitcoincrash

BTC/USDT Not looking greatCurrently Bitcoin is currently below trending support and now forming what looks to be a bearish channel. I do not have much faith it will break out in the near future. Although BTC has fooled us and pumped before, I am just not sure it will this time. It looks like BTC is rebounding from its most recent dump and can soon hit resistance and fall again. I am preparing you for major volatility, it is important that you use this to your advantage and save potential losses.
Short
by UnknownUnicorn28488832
2
BTC bottomHello everybody, If you haven't watched it yet, I suggest you watch the stream I have released 4 h ago on BTC and the market condition. This is a quick recap. Since my video yesterday explaining why I thought this was the bottom, BTC had a great reaction to the 5-month uptrend support. I know some of you may be salty because I was calling the bottom between 55500 and 58k. However, unfortunately, unexpected events cannot be predicted, not with TA, AI or anything else. Nobody could expect a new variant would be discovered. Hence the drop of the 26th November. BTC looks strong and healthy. It has printed a tower bottom pattern on the 4h (ellipse). Finally, we have seen some good volume picking up on support, suggesting that investors are scooping up BTC at cheap prices. As you can appreciate, I have updated here the Elliott Wave analysis. BTC is now completing an EW triangle after the classic wave E marking exhaustion from the seller and with a complete shift of sentiment into bearishness contemplating lower prices (wrongly)...masses are always wrong at the extremes hence the saltiness. BTC is oversold in all the timeframe up to the daily suggesting trend continuation (uptrend). The Stoch RSI on the weekly is in the process of resetting after this last dip (bullish). It is wise to wait for a complete breakout of the descending wedge to start being completely bullish and clear the area between 58-61 k area, which has a confluence of resistances. Nevertheless, personally, I am now eying 66500 for BTC, where I will expect one last small retracement before breaking 70k for a new all-time high. Check out my previous stream for a complete analysis of BTC with many insights. FOLLOW ME, SHARE, LIKE AND COMMENT
Long
by CFcryptoTA
25th Sep 2021: Bitcoin On The Road to $19,260It is Q4. Q4 momentum is the year end momentum. After Bitcoin did the 2nd ATL, we all already know that this Q4 and next year will not the the favour for Bitcoin. We still losing momentum from the China mining market although Europe and US country has already toped up their hashrate to cover the temporary process decline. But it is not enough. We all know that this mining process is the stimulus injection. Elon and Microstrategy trading planned their crypto strategy wisely after all the hype from the past quarter. I am predicting Bitcoin will going to $15K trajectory and although $15K-$20K, is the best intrinsic value after all the collective year. We are losing power. While other sector has planned their agenda to withdraw their bitcoin fund. They need a documentation, report and news. They will create a news which we will think that this is the result of the news itself. The whales being in control over their fund and we should follow their recent news since they are the market momentum. We are still looking for the Soros comes in play for the playa. I am pretty sure he will not coming very soon. He just looking the right moment and momentum to pump and dump. We are seeing the crypto is just a gameplay for their money chess trading. The all time holder we seeing liquidated. They know something that we do not know. All the market mood being in consolidated. Either in gold. Dow Jones just crashed. The mood for the market is not happy with the currency last quarter of the 2021. While all the small player market has demanding their rewards perhaps not in a good time. Semiconductor industry also has been in despair due to not enough silicon chips to produce a GPU and asic mining and for other electronic car parts. Im not seeing crypto will be blast to the $100k very soon enough since it need more energy and processing of electronic. Everyday we are seeing many altcoins created daily. This also has been dragged and reducing the bitcoin momentum power for domination. The player has now not in the favour for bitcoin since their seeing altcoins in the pump and dump scheme by finding and collecting the momentum coins/token. But lots of player also has being in wrong turn favour after their altcoins stucked not pumping again. Being in crypto industry for the century of 2021, we being seeing the news on 'THE RISE OF HACKER' For internet industry and energy consumption, this is the biggest tread to the world of cryptocurrency. Greed and fear index has been reducing to fear as the HOPE momentum not in the favour for the long term holder. The hope after the crash erased the trust in the cryptocurrency recently. Despite that, I am seeing the Bitcoin will drop to the $19,260 if not worst to the $15,000 trajectory signal. Zezu Zaza 2048
Short
by Zezu_Zaza
4
Bitcoin crashed.!!!!! The bull Market support band should hold.Hello Traders, It was quite a shock yesterday but you shouldn't have been worried if you are following my chart properly. As for those who are new trust me, believe me when i tell you something important that no one would. You don't have to fear anything. Don't get scared of this slight pullback. Look at the bright side you weren't fallen from $64k but just mere $52k with 20% correction. Absolutely normal. You could have easily recovered the profits if you had a backup money which you should always have regardless of the bull or bear run. So now arises an important question. Where to from here????????? Fundamental Analysis : If history has been any indication then we are right on track and we must carry our journey forward. But you have to know its september. Crazy things must happen this month and we have got three major dates for you. !. On 13th-14th september depending on your timezone we have CPI data coming. A very important if you must know. (April 15) A high CPI is good because crypto loves inflation 2. On 21st-22nd september we have annual meeting of FED's. Some say we might get an idea about taper from there. If taper happens this year then you cant stop this rocket from going to the moon 3. We also should mark those dates when options are expiring. One such is on september 21 and one on last week of september. Do keep that in mind. Technical analysis : 1. Charts are looking bad tbh but we have good news. No new shorts right now. 2. Fear is back in the market which is good opportunity to fill your bags. 3. Now we must hold bull market support band around 42-43k if we don't then maybe bears smell blood and will attack right away. Even i will join their party XD 4. 42.5k, 36k, 35k 31k, some major resistance to watch out if we break to downside. Or at the end we all are in a bull trap in the mercy of institutions, financial cartel, big banks, IMF etc Till then do not trade. Just accumulate with no leverage Happy trading my bears and bulls Regards Dante. An artist of crypto.!!!
BITSTAMP:BTCUSD
by desmondmilesdante
3
My Predictions For BitcoinHello, everybody! My name's Hank I am 11 years old and training myself about stocks. Anyway, I know you might think I'm an idiot but, I have seen why Bitcoin crashed, and why its gaining. Now, I watch a lot of news and read many articles about stocks, bills being passed, jobs being made, ect. The reason Bitcoin fell a couple days ago is because of 2 things. 1. The New Variant of. DUN DUN DUN COVID-19 OH NO, Oh brother, not this again. If you are experienced then you probably know what new mutants of the covid-19 like this one do to the economy. If your new then I'll explain. New variants of covid scare people from buying things in the market. Not sure why they sell instead of buying, but whatever. 2. This President. I'm sure you all know "The Man" that runs the country. He ruined our economy. That's all I'm gonna say.
BITSTAMP:BTCUSDShort
by Ag3ntH47
20
Bitcoin relief rally before CAPITULATION to $20K!In February and March we talked regularly on the YT channel about how Bitcoin's primary and secular trend lines were far too steep to be sustainable. Well, that was quickly redeemed by a deep and long-lasting price- and time-based correction. The primary and secular trend lines now merge nicely on the weekly log chart (if drawn as internal trend lines rather than external). You can see those lines on the daily chart too. In March and April we talked about how Bitcoin would go down to $42 000-45 000 and how that would beautifully complete an ABC 4th-wave correction. This thesis, however, was nullified once the price broke below $42 000. And the reason for this is because the corrective A- and C-waves should technically be of equal or similar length, either in raw numbers or in percentages. Now it rather seems like we're in the midst of a much bigger ABC correction - a zig-zag (5-3-5) in which we have just completed the A-wave and initiated the B-wave. Based on the diagonal primary and secular trend lines - which would act as a magnetic force should this ABC-correction play out within the 4th wave - then we can reverse engineer the B-wave target. The A-wave caused a -55% drop in itself. That means the C-wave should be of similar magnitude. The $46 500 level perfectly aligns with that calculation, from which a -55% drop would land Bitcoin in the low 20 000s and right on the diagonal primary and secular support line. This area also perfectly coincides with the 0,5 fib and a diagonal resistance level. For as we know, fibonacci levels tend to be particularly reliable when it comes to Elliott Wave Theories. Last week I announced that Bitcoin was in for a bullish reversal amidst the $28,600 drop. Now those technicals are coming together in strength. We might be in for new all-time highs, but there's a greater chance Bitcoin will be rejected at this very technical $46 500 level. The only thing I want you to take with you from this piece of analysis is that that very price zone ($46 500) is a danger zone and it stretches all the way up to the mid $51 000s as Bitcoin could very well feint us all by reversing at the 618 fib but for a $24 000 capitulation C-wave bottom. Anyone who trades actively may want to get out of the way in this 12,50% danger zone. The risk to reward for staying/hodling in that range is absolutely horrible. Long Life Trading
BITSTAMP:BTCUSD
by LongLifeTrading
3
"Bull Run has come to End!", Historic Data of Bitcoin suggests!Hey guys, I'm up with new analysis, a new idea about BTCUSDT. Here you can see a bold red curve which is actually the famous 11-years-resistance line (actually from the time Bitcoin is launched). Past data shows that whenever we touch this resistance, the bear market starts. Here is what I have noticed: "0.618 fib level and bear market targets" In 2011, the price of BTC reached about $34 before dropping to about $2.5 which lies at 0.618 fib retracement level. The principle of this analysis is that for the next bear market, we can calculate the approximate bearish targets using the fib retracement tool, putting 0 fib level at the 0.618 fib level of the previous bull run. Then we will get to know the bearish targets for the bear market i.e again at 0.618 (61.8%) level. I know this is surprising but yes, it has been working since BTC trading has started. Following this principle: In 2013, 61.8% fib level was at around $123 and the price retraced to $155 from $1269 in 2015. In 2017, 61.8% fib level was at around $3091 and the price retraced to about $3100 from about $19000 in 2018. Now in 2021, 61.8% fib level is at around $20357 and the price is expected to be retraced to this level. The current price is $31434. Also, just to remind you that I have also shared an analysis 9 days ago entitled "Bitcoin in Range: Can continue to be more bearish" : In conclusion, I would say that technically it is the start of Bear Market and my bearish price targets are $20357. After the targets are hit, BTC price will continue ranging below 21EMA until the start of the next bull run which historically starts just before Bitcoin Halving and gets sped up after the event of halving. Next Bitcoin Halving is expected around February 2024. The good thing is: As Bitcoin will continue ranging with Bitcoin Dominance low, Alts will pump hard but to make this happen, we need to eradicate or maybe lessen the fear in the market. Muneeb #SyedMuneebAli
INDEX:BTCUSD
by syedmuneebali
5
Bear or Bull Market? Judgement DayHi guys, MA200 is the strongest support line of Bitcoin and has been in the past years. If today's candle closes below MA200, it is a sign that we might go lower and fall into a bear market. But if the candle closes above MA200 (ignore the wick) we may bounce back soon to a bull market and a great opportunity to buy more. The RSI and MACD are pretty low, so a reverse trend should happen but crypto is always full of surprises. Today is Judgment day, Bulls & Bears are fighting for a decisive future. Trade carefully!
BITFINEX:BTCUSD
by TrippyBlock
4
Bitcoin about to fall to 45K - See this chartBitcoin is forming an inverse cup and is surely going to fall. The Elliott correction wave theory also supports this. According to Elliott wave theory, after every 3 bull runs, there are 2 bearish runs - each bigger than the previous. This can be seen in April's chart when bitcoin first fall on the 18th and then was seen regaining strength, but it fell big on the 25th. Similarly, the fall you saw was the first one and what's happening in the market right now is short gain. The next fall is going to be bigger and bitcoin is likely to touch 44400. Follow me to see more such trade analysis regularly. #NFA #DYOR
Short
by AltWhales