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Bitcoindump

Bitcoin dump could be about to happenso continuing on looking at this current run and a fractal of the all time high, it looks like we could run up to around 48200 ish give or take ar hundred or so then would be looking to replicate the dump that the all time high had, which on this smaller time frame would get us down around high 41k ish or low 42k ish range for this next big move, there is an amazing amount of confluence occuring where we are replicating the same patterns and lines just on a smaller time frame
FTX:BTCUSDShort
by surfbeach73
2
Bitcoin huge dump, what to look for?As you can see on the Chart there are 2 key levels: 200 EMA (Important moving average) and 20 / 21 EMA (Bull market indicator) On the daily we wanna see a close above the 200 EMA in the very short term, but on the weekly we HAVE to close above the 21/20 EMA. What caused this dump? A combination of things. A well coordinated dump with alot of FUD (Fear uncertainty doubt) and the avarage retail investors panic selling with weak hands. Also a large amount of liquidations as we NEVER seen before. So you might be thinking: Are we still in a bull market? Should we sell? Hodl? The answer to that question is fundamentally Bitcoin hasn't lossed value although the dollar value decreased. The value of the asset is still very high. Personally there is no need to panic even though some of us portfolio's are down massive. So are you in it for the long run and for the believe in crypto? Or you just here to make quick money?
by OVDCrypto
2
💥BITCOIN LIKELY MOVE - TO DIP TO $20KAs we can see on this chart, a head and shoulder pattern just completed it's formation from $30,000 back to $30,000. If you take a closer look at this chart, we'll see another head and shoulder pattern starting from $20,000, which may eventually go back to $20,000 IF AND ONLY IF price does not break the resistance at $43,000 upward. Therefore, if price does not break the resistance at $43,000 upward, then the right shoulder will surely come to hit the neckline at $30,000. If price now break the $30,000 neckline downward, then $20,000 is the target🎯 What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills, DM me.
BITSTAMP:BTCUSDShort
by PetrockFxTrading
4
BTCUSD | Decisive moment - break resistance or further fall?Market players expected Bitcoin's price rise to the June's local high of $10 425 until yesterdays dump. From the early morning sellers increased pressure and from $9 800 the price went down until Fibonacci 23.6% retracement level where 4H EMA 55 was broken down which resulted in a sharp decrease to 38.2% Fibonacci retracement level of $9 016. If prior price action was not pumped this level usually acts as a reversal point. The scenario of local support withstand was confirmed and BTCUSD bounced upward. Currently it consolidates to try breaking the resistance which should happen today. However there is no pressure and momentum power. Current price action seems like a "Dead cat bounce pattern", thus the decline may continue. In the case resistance of $9 554 hold we risk to have another sharp decrease which could be stopped only when Bitcoin hits strong support level of $8 600. Which is drawn with a yellow line at the chart. As it can be seen this level was confirmed 5 times and should withstand again Be safe and good luck in trades! Best regards, SkyRock Signals
COINBASE:BTCUSD
by Skyrexio
Anytime 50 Weekly MA did this brought a huge crash (Must see!)Hey everyone, Recently I've been only focusing on the macro-level perspective mainly on the weekly chart. This one is very interesting... Take a look at the 50 Weekly Moving average . Anytime it goes down pulls the price down too. It hasn't happened very often and when it did in 2014 and 2018, massive price dumps followed. It seems like today, 50 Weekly MA is pointing down and getting ready for a downward movement. If it goes down do you think the history will repeat? Please let me know your thoughts by leaving your comments below. Please also take a look at my recent weekly analysis regarding my bearish view.
BITSTAMP:BTCUSDShort
by yiggyTHEpiggy
3
We going to dump slowly-slowly in "Jan-2020"In This chart, you can see the dump after "31 OCT 19". If you check the chart of "25th Dec 19" bitcoin was dump almost 10%. now, what currently I'm feeling. We going to dump slowly-slowly in "Jan-2020". Almost $1500-$2000 dump from the current price. Why I'm feeling we'll dump not pump? Cuz In the daily chart Bitcoin facing the resistance and bitcoin move big movement before 5 days of the end month OR after the end of the month I have explained already in this chart =
BITFINEX:BTCUSD
by DkSwag
$BTC What NEXT!Hi, Well, extrapolating the finite data, I think this should be pretty comprehensive. So the chart here itself is pretty self explanatory but let me guide some points here. 1. To be bullish or if I may say, see any upside soon we need to close above 0.618 fib which is around $7600 on a MONTHLY. 2. A side ways case could emerge if we get stuck between fib 0.618 and support of EMA 21 just below at $7000. (unlikely) 3.A larger Wedge pattern could reveal it self as you see I have drawn on the chart IF we break 55 EMA monthly which is exactly where 200 MA weekly is at $5000. 4.AND if we break $5000 use 0.786 fib and below that you have the bottom for wedge respectively as supports. What IF bullish? I would wait for BTC to break above head resistance (upper line of the wedge) to be long. What IF Bearish? I would try to Dollar cost average myself into the market. Trade Safe! ******THIS IS FOR EDUCATIONAL PURPOSES ONLY*******
BNC:BLX
by groveguy
1
BTC - BIG DUMP - IN THE HISTORY OF 2019 - 3000 USD to 4000 USDAs we checked the market of Bitcoin (BTC) . The market is going down to 6000K USD soon. Because the ability of the Market is not smooth anymore. Because the whales and the BTC players started selling which is panic for holders. It's time to convert the BTC to USD for at least 2 weeks. Because the market is panic these days. If we wait for 2 weeks. Rebuying of BTC will be good. Because the theory is confirmed from 2local experts . Who is doing their Pre-Sale on 17 Oct launching an official platform in the Netherlands which is providing quite a good service as compared to banks Who is the best competitor of banks and providing quality service in the world. The bitcoin market is not going to be too much panic because this is an opportunity for those people who were willing to purchase bitcoin at less price. So 2 weeks should be panic for everyone and the opportunity to buy Bitcoin at cheap price. Because at the end of the year. Bitcoin might be 18000 or 19000 USD. Catch 2local Project for more information. website: 2local.io Youtube: www.youtube.com
COINBASE:BTCUSD
by TradingExpert02