Bitcoin Getting Closer To Dump PointBitcoin on weekly looks like it wants to break 25.2 and goes to fill the gap starts ~27500 to ~28800 but on 3H it looks like a SYMMETRICAL TRIANGLE that is about to break down and retest the bottom of the triangle once it crashes.
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Usually nothing special happenon weekends thats why I dont do videos but I feel like a down side move is due for this weekend on sunday.
talked about the liquidation clusters and spx and dxy at the end too
Thanks for watching
Bitcoinshort
Bitcoin is on the edge of collapse!Hello, everyone!
Of cource we caught yesterday's pump, but it was the local tarde. In the mid-term I have some evidences that next 3-4 months will be bearish. We will most likely see the new bottom.
Let's take a look at the BINANCE:BTCUSDT chart below. I chose the 4D timeframe. It's not standard, but we need 100-140 bars to count waves according to Trading Chaos by Bill Williams. Therefore 4D is the perfect one.
Awesome Oscillator helps us to define the wave 3. It's minimum was in 2022 June. The most important thing is to distinguish impulsive and corrective waves. Impulsive wave is always outside the Alligator. Therefore, dump from $25k to $15k was not the impulsive wave. This wave was not the wave 5, I consider the wave B inside wave 4. The entire wave in this case is represented as the complex correction. The abolutely untradable one. That's why most trader, including me were shocked by the recent pump from $15k to $24k .
Wave 4 now has the minimal requirement for it's end. I am talking about the AO zero line crossover. Taking all these facts into account, my opinion is the Bitcoin will collect liquidity above $25300 high. The area between $26k-28k is going to be the start on the last bearish wave which will break down $15k .
Best regards, Ivan
Bitcoin jebaiting longs before crashBitcoin trying to jebait more longers with its new extreme before dumps on the bulls and destroys the bull hopium once in for all
BTC/3H ,`still in the rising wedge`
Personally looking for a possible short from ~22600 to ~22900 or around ~21800 if it bleeds there does a bearish retest
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With CPI numbers being out and not looking for btc exited the top of the rising wedge but failed to hold it after retest , now we are inside it again and we could easily go down to the bottom of the wedge and then break down from there after a successfull retest ~21800
We could also hit ~22900 and then go down from there which is less likely to happen due to the weakness of bitcoin
Thanks for watching
Bitcoin and its downward trendbitcoin as I expected, reach to 23200-24700$ and now I think we should wait to see a short trigger position.
beside this I think DXY is going to have a bull trend.
in the mid-term trend I believe bitcoin will have a great downward trend but in short-term, I think we can have a pullback to left shoulder flag limit (QM) and then there will be a short trigger.
TP of this downward trend is 12700-14100 support zone
BITCOIN SHORT TERM ANALYSIS | SELL ideaIn my opinion , bitcoin can have another small drop by hitting its downward trend line, and for now, we cannot make a decision for bitcoin to rise much.
Anyway, this is my analysis and my probability, don't consider it a signal!
#If you like to be active and exchange opinions among analysts, contact me.
tlgrm : Mahan_notebook
BTCUSD - short-term PUMP likely (NEW)BTCUSD has created bullish divergences on 1h timeframe which should imply the trend continuation which is to the upside.
The price remains above the suppot which is bullish.
Entry: at the support that the price is retesting right now.
We target the upsloping resistance of the channel . If the idea plays out as we expect, we should see a 6 % pump in a short-term.
Stop loss can be placed below 22500$
Good luck!
#BTCUSD - 30% Long has Finally Closed. Where's this Short Going?Well well well... What a month it's been for #Bitcoin. We've seen some huge gains and managed to net 30% ourselves with a #BTC long. Now we've got a Short signal from CTv2.
We can see a few defined areas where the price may be heading next if this Sell signal shows promise - the most likely scenario is Bulls are still prevalent and the price might only drop to the nearest level of support, around 10%, still a very nice Short trade to make!
The other option would create a pretty clear Head & Shoulders pattern and would mean #BITCOIN price reverts to previous levels down at around 16k - this would make for 20% profits or more!
If you enjoyed or agree with this idea - drop us a comment, like & follow! :)
Bitcoin going for a bloody ride In this video we analyse bitcoin candlestick patterns as well as movement and liquidation which it all indicates we are going to print out some big red candles soon
there could be 3 possibilities which I discussed about each briefly.
Liquidation is to the top side showing a possible of a new extreme to the topside before major move to the downside
Hope you guys enjoy the video
Who are the most influential crypto personalities? The cryptocurrency market is largely decentralized, in theory, meaning that no single entity or group controls it. However, there are many individuals and organizations in the market that have significant influence and followers, who they can use to manipulate cryptocurrency prices. Some of the most prominent crypto influencers include:
Vitalik Buterin: Vitalik Buterin, co-founder of Ethereum, has the ability to impact daily cryptocurrency prices, particularly Ethereum. His opinions and statements about the development and future of Ethereum and the broader crypto market can influence traders' and investors' sentiment and thus, affect the demand and price of Ethereum and other cryptocurrencies.
For example, on June 17th, 2021, Buterin tweeted about the high transaction fees on the Ethereum network and the need for a scaling solution. This caused a stir in the crypto community and resulted in a drop in Ethereum's price. His comments reflected the growing frustration among Ethereum users and developers over the network's scalability challenges.
Elon Musk: As the CEO of Tesla and SpaceX and one of the world's wealthiest individuals, Elon Musk is a highly influential figure, and his statements and actions related to cryptocurrencies generate a lot of interest and attention. One notable example of Elon Musk's impact on the crypto market occurred on February 8th, 2021, when he tweeted, "Just bought some Bitcoin," along with a broken heart emoji. This tweet caused a surge in Bitcoin's price, with the cryptocurrency rising by up to 20% in the hours following the tweet. The market's reaction to Musk's tweet demonstrates the influence that well-known figures can have on traders' and investors' sentiment in the cryptocurrency market.
Changpeng Zhao (CZ): As the CEO of one of the largest and most influential crypto exchanges, CZ's opinions and actions regarding cryptocurrencies generate a lot of interest and attention. He has a large following on social media, where he often shares his thoughts on the crypto market and the future of Binance. For example, on May 7th, 2021, CZ tweeted about Dogecoin, expressing support for the meme-inspired cryptocurrency. This caused a surge in Dogecoin's price, with the cryptocurrency rising by up to 25% in the hours after the tweet was sent.
Jack Dorsey: As the former CEO of Twitter and current CEO of Square, Dorsey's statements and actions related to cryptocurrencies generate interest and attention from the media and the public, sometimes affecting certain cryptocurrency prices. For instance, in 2021, Dorsey announced that he had bought Bitcoin and was a fan of the cryptocurrency, which resulted in a positive reaction in the market and a surge in Bitcoin's price. Additionally, his company Square has invested a significant amount in Bitcoin and supports buying and selling Bitcoin through its Cash App, which has helped increase the visibility and adoption of cryptocurrencies.
Michael Saylor: Saylor is the CEO of MicroStrategy, a publicly traded company, and has become a prominent figure in the crypto community due to his company's investments and public statements on the subject. One example of Saylor's impact on the cryptocurrency market occurred in August 2021, when he spoke at a virtual conference about MicroStrategy's investments in Bitcoin. During his speech, he praised Bitcoin as a "superior store of value" and encouraged other companies to follow MicroStrategy's lead. This received widespread attention in the crypto community and helped boost investor confidence in Bitcoin. As the CEO of a publicly traded company with significant investments in Bitcoin, Saylor's opinions and statements carry significant weight and can have a significant impact on market sentiment.
These are just a few examples of popular crypto influencers; there are many more individuals and organizations
These are just a few examples of popular crypto influencers, there are many more individuals and organizations that have a significant following and influence in the crypto market. It's important to note that these influencers' opinions and predictions may not always be accurate and should not be used as a sole source of information when making investment decisions.
Additionally, there are also large organizations that hold a significant amount of cryptocurrency, such as investment funds, hedge funds, and mining pools that can affect the market through their buying and selling activities.
It's important to keep in mind that the crypto market is highly speculative and decentralized, which makes it hard to pin down who are the actual personalities that control the market. Additionally, the crypto market is highly influenced by market sentiment, government regulations, and overall adoption.
Shorting BTC at ≥$22,600BINANCE:BTCBUSD
Dear fellow traders,
I have analyzed the current market conditions surrounding Bitcoin and have come to the conclusion that we are likely to see a further decline in the 1hr time frame.
Firstly, let's take a look at the recent price action. As we know, Bitcoin has experienced a decline from $23,013 to $22,350 and has formed a bearish pattern. Furthermore, it has failed to break the crucial resistance level at $22,700. This is a clear indication that the bears are in control of the market and that we are likely to see a further decline.
Next, let's examine the fibonacci retracement levels. As illustrated in the chart, we can see that Bitcoin has been rejected multiple times in the golden zone. This is a strong signal that the price is going to dump hard and we can expect to see a significant drop in the near future.
We should also keep an eye on the key levels for long position liquidation, which are $22593 (100x Long) and $22371 (50x Long). If both of these levels are reached, it will likely push the price down to around $22,500.
Taking all of this information into consideration, I have decided to short Bitcoin at ≥$22,600. My profit targets, based on the fib retracement, are:
$22,350
$22,096
$21,940
$21,227
It is important to always have a stop loss in place to minimize any potential losses. In this case, I have set my stop loss at $22,800.
In conclusion, I believe that the technical analysis and market conditions are pointing towards a further decline in the price of Bitcoin. By shorting the market at ≥ $22,600 and having well-defined profit targets and stop loss levels, we can take advantage of this opportunity and potentially reap significant rewards.
As always, it is important to keep in mind that trading involves risk and always make informed decisions based on thorough research and analysis.
BITCOIN Ridin' C WaveBreaking down passed a key support has a strong potential to continue down and complete a C wave.
Taking into account volatility, a possible entry for a SHORT POSITION can be ~$150-$200 below the LL.
TP1 : SUPPLY/ DEMAND zone on the DAILY chart.
TP2 : SUPPLY / DEMAND zone on the 1 HOUR chart.
** not financial advice** Just my take on things.
Let me know what you think.
Bitcoin Short Opportunity 20230208, neckline is to be testedSignal: Green -> Red
About to Break Neckline, need to be tested
BTC , BTCUSD , BTCUSDT , BTCUSDTPERP , BTCBUSDPERP , BITCOIN , CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
24200USD Was The Top, Here's whyI've been bearish on Bitcoin since 22500USD. Now that the price is breaking through structure, I'm convinced that Bitcoin has reached its local high.
Why is the top in? The price went up for 34 days, which on average is half of a whole Bitcoin daily cycle. If we're lucky, the top will fall in the right half of the cycle, but this is too early to tell. We must wait until the end of February.
Secondly, we're seeing a daily bearish divergence on the rsi. This also happened at the first top at 65k.
Lastly, If you zoom into the hourly chart, youi'll notice that Bitcoin broke out of its rising channel, which is the structure i talked about in the first paragraph.
BTCUSD next move incoming strong retest of a 4hr order block which was needed that ob was from aug 14th and we also had trend line liquidity "tll" if we get a lower high and this low breaks we can see a nice move down which my point of control is 23000 which is that yellow line price breaks that we can see a nice fall like gold just did this past week which would put btc around 21k before the next leg up
now the next order block area is from jun 22nd last year b4 the nice crypto dip and i believe its going to test that around the end of the month but this pull back is needed due to the fact gold and dxy just recently did it this past week
BTC at the edge of SURPRISEthere's simultaneously two different situations in way:
1- a strong resistance (red line) that might lead to a big drop
2- a very unstable area with no previous trading volume that might lead to a spike
it's too risky to open short positions with no stop loss or with high margin