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Bitcointrend

BTCUSDT final leg down short?Is it time for BTC to go down? Is this the start of a possible 5th wave? This is only one possible TA for short, although there are many arguments and the possibility that BTC is still going up. But currently the risk reward is so good that this trade looks very attractive. The analysis was made with Fibonacci, Elliot waves and harmonic patterns. Currently BTC reached TP1 for Anti Bat pattern. More on this, that is, in more detail the next day or two, when I have a little more time (and until then, if the bulls want to, I can disable this idea)
Short
by CryptoArch_
Macro, multi year view of BTC. Update 1Notes on the chart: • Month counting starts from where a new bull run begins and on the chart it marks how many months it took for the full cycle to complete (roughly 49mo). • Blue horizontal lines are BTC halvings. • Green zones are accumulation zones Overall update of the 4-year journey Back from our previous post we were looking at when the lows would be printed. After the rally in H1 of 2023, we are now looking at the expectations in the year looking forward and up to 2025. In trend with previous years when a new cycle starts an initial top is usually printed within 6 months and this time was no different. Based on history, from month 6 (July 23) onwards, up until the halving which is expected in March 2024, BTC has seen significant drops. However, I would strongly argue this is the true accumulation zone: 1) Confirmation of the 4-year cycle low has been set. Of course, this can be invalidated, but I would say that a significant catastrophic event would be needed to reach such levels. 2) Before every bull run, a shake-out is needed as it achieves the transfer of bitcoin from retail back to investors AND 3) Large institutions are finally eyeing to tap into the market and be exposed to this. I think it would be impossible for anyone in this space to miss the idea of a BTC spot ETF being delayed over and over but the narratives just seem to be perfectly aligning for the upcoming years 24,25. Those would be: US elections, returning to QE as recession fears grow (consumer spending is dwindling), possibly the Ukraine war will be over, and BTC halving. Takeaway The period up until the halving will be volatile. However, based on history DCA up until the halving should allow you to have a fairly comfortable position for the following years.
BITSTAMP:BTCUSD
by Slickxbt
4-Hour Bitcoin Trading: Fibonacci Moving Average (FMA) Strategy Hey there, Bitcoin enthusiasts! Today, I want to share with you about a popular trading strategy that I use everyday, with Fibonacci Moving Average (FMA) numbers. I'll zoom in on the 4-hour chart to get a closer look at how it works. This strategy can provide some valuable insights into what's happening in the market, and I'll break it down step by step. EMA 144 Crossing EMA 233 After a Bearish Engulfing Candle: So, first things first, when we see the EMA 144 crossing below the EMA 233 right after a bearish engulfing candle, it's like a red flag waving at us. This suggests that the selling pressure is building up, and it might be a sign that prices are about to drop. Breaking the EMA 610 Support (Since Jan 2023): Next, we've got the EMA 610. This line has been a strong support level since January 2023. When the price breaks below it, it's like breaking through a safety net. It tells us that market sentiment is changing, and we might be entering a bearish trend. Retests and Rejections: After that, we see a series of retests of different EMAs – the EMA 610, EMA 233, and EMA 144. And guess what? Each time, there's a big rejection. These rejections are pretty significant: EMA 610 Rejection: The first time we try to get back above the EMA 610, it says, "Nope!" This reinforces the idea that this line is now acting as resistance, not support. Second EMA 610 Rejection: We give it another shot, but no luck. The EMA 610 is still saying, "I'm not letting you through." It's like a stubborn gatekeeper. Sideways Movement: Then, we see some sideways action. Prices are stuck between the EMA 144 and EMA 233. It's like a tug-of-war between buyers and sellers. Nobody's sure where things are headed. Drop to Test Support: Eventually, we take a plunge to test lower support levels. This is in line with the bearish outlook, indicating that we're exploring lower price ranges. Pullback and EMA 233 Retest with Huge Rejection: Finally, there's a pullback, and we give the EMA 233 a shot. But it slams the door in our face with a big rejection. This tells us that the bears are still firmly in control. Now, why do we see these rejections? Well, it's partly because of human psychology. Traders who missed the initial breakdown of these EMAs see these retests as a second chance to sell. Plus, big players like institutions and algorithmic traders often pay close attention to these levels, making them even more important. It's like a self-fulfilling prophecy – everyone expects a rejection, so it happens. In a nutshell, the Bitcoin Fibonacci Moving Average (FMA) strategy on the 4-hour chart is a valuable tool for navigating the crypto market. By analyzing things like EMA crossovers, support breaks, retests, and rejections, you can get a solid grasp of what's going on and make smarter trading decisions. Those rejections at key EMAs remind us that technical analysis and human behavior play a big role in crypto trading – it's not just about numbers and charts!
INDEX:BTCUSDShort
by sailortrades
BTC Bitcoin Technical Analysis and Trade IdeaIt's evident that Bitcoin has faced sustained downward pressure for a considerable period. A close examination of the chart reveals a decisive breach of the existing trading range to the downside, followed by a subsequent retracement. In our discussion, we explore the prospect of a potential entry point, while also carefully analyzing certain adverse indicators that are clearly visible on the chart. It's crucial to emphasize that all insights and analyses are comprehensively explained in the accompanying video and should not be interpreted as financial advice.
OANDA:BTCUSDShort
by fxtraderanthony
3
BTC Update - 17/08/2023BTC needs to protect 27000-27500 Zone to protect bullish pattern. Disclaimer: The information and analysis provided in this publication are for educational purposes only and should not be construed as financial advice or recommendations to buy, sell, or hold any securities. The author and TradingView are not responsible for any investment decisions made based on the content presented herein. Always consult a financial professional before making any investment decisions.
INDEX:BTCUSD
by rukshan2102
Bitcoin Time to be Cautious with Bearish Signs ShowingHi Guys! This is a Technical Analysis on Bitcoin (BTC) on the 3 Day Timeframe. We've attempted since April 2023 to try and break ABOVE the Resistance Trend Line From End of June to Mid July, we attempted to Re-test the Resistance trendline for couple weeks BUT Failed with a REJECTION. Which brought Price Action to test SUPPORT on the 21 EMA (Purple line), before finally breaking through the 21 EMA and 50 SMA (Green line) with an ENGULFING BEARISH CANDLE. Bringing us below the 0.786 FIB level. But pay attention to the Volume, we initially have a spike in VOLUME during the break down but there has not yet been signs of follow through so wtch closely. 2 Major patterns have shown up that makes me CAUTIOUS with BTC atleast for the short term. If they play out could bring BTC to test the 0.618 FIB level @ $24200 ***1st is the fast approaching DEATH CROSS, where the 21 EMA crosses below the 50 SMA. If you look left ( on your own time) as i have not zoomed out on the chart. There are MIXED scenarios where some indicate massive bear markets and other times where we have price declines that last only couple months. I think the later is more likely where we have a correction for some weeks to couple months before having a GOLDEN CROSS and continuing back into a BULL market. ***2nd is the BEARISH DIVERGENCE forming in the charts. This is when Price action shows HIGHER LOWS but Indicators show LOWER LOWS. AND that 2 Indicators are showing such signs. It normally leads PRICE ACTION to mirrow the indicators by also forming a Lower Low. Thus having the 0.618 FIB level be that LOWER LOW Target. ALso i would love to see in the Indicators: 1. RSI Move back ABOVE Red Horizontal Line 2. MACD Move back ABOVE 0 level If we dont, we can see further price DECLINES adding to the risk of seeing that 0.618 FIB Level. This 2 Bearish Signs merit CAUTION in BTC, i would not take positions here but wait out to see how things play out. __________________________________________________________________________________ Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. Stay tuned for more updates on BTC in the near future. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
BITSTAMP:BTCUSDShort
by SafofAllTrades
6
"BTC: A Bearish Omen Looms - Could Bitcoin Drop to $20K?"Bitcoin (BTC) has just unveiled a potentially ominous signal - a head and shoulder pattern. This pattern suggests a looming drop in BTC's value, potentially reaching as low as $20,000. What makes this intriguing is that these technical patterns often await a major negative development in the crypto world before they swing into action. Keep a close eye on the market, as exciting yet unpredictable times could be ahead.
Short
by VanRojasCapital
Analysis of Bitcoin's Recent Price Movement and Technical PatterBINANCE:BTCUSD I wanted to provide you with an analysis of the recent price movement of Bitcoin, particularly its drop from the 30k area to the 26k area. This movement has attracted significant attention from investors and traders alike, and I believe it's important to understand the underlying technical factors at play. Price Movement Overview: Over the past few weeks, Bitcoin has experienced a notable decline in its price, with it dropping from the 30k area to the 26k area. This represents a decrease of approximately 13% within a relatively short time frame. Such price movements often trigger discussions about potential trends and patterns in the market. Double Top Pattern: One prominent technical pattern that has emerged is the formation of a double top pattern on the weekly chart. A double top pattern is a bearish reversal pattern that occurs after a prolonged uptrend. It's characterized by two peaks at roughly the same price level, separated by a dip. In this case, the first peak was around the 30k area, followed by a decline, and then another attempt to reach similar highs before the drop to the 26k area. Support Level: Currently, Bitcoin seems to have found support around the 26k area, where it has previously bounced off during its earlier bull run. The concept of support suggests that there is a level at which buying interest outweighs selling pressure, leading to a potential price rebound. Monitoring how Bitcoin reacts at this support level will be crucial in determining the short-term direction of the market. Implications: The formation of a double top pattern coupled with the support level around 26k raises interesting possibilities. If Bitcoin fails to gain momentum and breaks below this support, it could signal further downward pressure, potentially leading to a more prolonged correction. On the other hand, if Bitcoin manages to hold its ground and reverses the current trend, it might indicate a continuation of the broader uptrend. Conclusion: In conclusion, the recent price movement of Bitcoin from the 30k area to the 26k area has sparked discussions about technical patterns and support levels. The emergence of a double top pattern on the weekly chart suggests potential bearish implications, while the current support level adds an element of uncertainty. Traders and investors will be closely watching how Bitcoin reacts in the coming days to gain insights into its short-term trajectory. As always, the cryptocurrency market is known for its volatility, and a comprehensive analysis should consider a variety of factors beyond technical patterns. Please feel free to reach out if you have any further questions or require additional analysis. Disclaimer: This idea and analysis is my own and is not financial advice
BINANCE:BTCUSD
by CryptoSnagger
BTC Historic & Current ValueIn this idea we'll have a look at the history of BTCUSD on a daily timeframe using value maps based on-chain balanced price and market data. Additionally, we'll take a look at BTCUSD on a daily timeframe using market price value oscillator. The chart below shows a value map that takes into account the balanced BTC on-chain price and projects that onto a custom value map (grid) which shows both local and market tops/bottoms. The chart below shows a value map based on pure market data and time which shows two bands. The top band shown in pink/blue shows market tops and the bottom band in yellow and orange showing market bottoms. Below is both the on-chain value map and the market value map bands together which provides a very clear picture of both historic market cycles and the existing market progress with $32,000 being a key resistance level. Next we'll have a look at a custom market price value oscillator that is designed to show the best purchase opportunities in green, secondary good purchase opportunities in blue, best shorting opportunities in purple and market tops in red.
INDEX:BTCUSDLong
by thefluffyones
A new lost decade of stagflation is comingYou better get used to working hard, because the days of easy magic fairy dust money are long gone after 40 years of mania. The following scenario is going to make wallstreet very angry and I'm sure a lot of retail investors are going to be forced to give up and start working longer hours to adapt to an expensive already inflated life that just won't lower prices anymore, while at the same time, record high interest rates have already made it much harder for everyone to access bank loans and 0% credit cards. From Japanese herbivore men to Western Men Going Their Own Way, Japan during the 80s and 90s is the textbook play for the world to follow. What is usually known as "depevelopment" is actually a 4th stage of population growth/flattening that will surely lead to a global ageing population or demographic and pension crisis in the coming years and decades. So technically, there won't be any great depression like 1929, and there won't be any hyperinflation either (except for a few failed states in Latinamerica of course), A recession is not as boring and as predictable, as an eternally long stagflation, which is the most hated but necessary scenario to push foward out of so much debt.
TVC:GOLD
by axelrodd
1
Bitcoin Is Secure:3 Steps To Solve Capital LossAddressing loss of capital in Bitcoin involves managing your investments and risks wisely. While there are no foolproof strategies, here are three steps to help mitigate potential losses: Diversification: One of the fundamental principles of investing is diversifying your portfolio. Instead of putting all your capital into Bitcoin alone, consider spreading your investments across different asset classes, such as stocks, bonds, real estate, or other cryptocurrencies. Diversification helps reduce the impact of a single asset's poor performance on your overall capital. If Bitcoin experiences a significant decline, having other investments can help offset some of the losses. Risk Management: Develop a clear risk management strategy. Decide on an acceptable percentage of your capital that you are willing to risk on Bitcoin or any other high-volatility investment. This is often referred to as setting a "stop-loss" level. If the value of your Bitcoin investment reaches that predetermined level, you will sell to minimize further losses. It's essential to stick to your risk management plan and not let emotions dictate your actions during times of market volatility. Stay Informed and Avoid FOMO: Stay updated on the latest news and trends in the cryptocurrency market. Being informed about factors that could affect Bitcoin's price can help you make more educated decisions. Additionally, avoid falling into the "Fear of Missing Out" (FOMO) trap. FOMO can lead to impulsive decisions, such as buying at the peak of a rally, which increases the risk of losses when the market corrects. Bonus Tip: Consider using dollar-cost averaging, where you invest a fixed amount of money at regular intervals (e.g., monthly) instead of making a lump sum investment. This strategy can help mitigate the impact of short-term price fluctuations and potentially improve your overall average entry price. Remember that investing in Bitcoin or any other cryptocurrency carries inherent risks, and past performance is not indicative of future results. Only invest capital that you can afford to lose, and always conduct thorough research before making investment decisions. If you're unsure about investing in cryptocurrencies, consider seeking advice from a financial advisor with expertise in this area.
Long
by lubosi