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Bitcoinusdt

BTC/USDT In Freefall - $14K Incoming? 📉🚨Wow... What a crazy past few days in crypto with Binance and CZ gobbling up FTX. This along with insolvency rumors not just at FTX, but other large exchanges is causing a serious meltdown across all cryptocurrencies. ❌ Looking at the Bitcoin 8H chart, we see that we just crashed through a major support zone. This goes in tandem with our mid-term thesis that Bitcoin is in for more pain. 🤝 We're looking for a local bottom around $14-16K. Still a volatile week ahead with CPI and elections finishing up. Stay safe and eyes peeled! 👀
Short
by QuantVue
1
Bitcoin , Btcusdt Bitcoin support levels - 20500$ and 20000$ Bitcoin resistance - $21,100$ and 21,900$ Market depends upon Bitcoin movement so trade carefully with risk management. ——————————————————————— Bitcoin tried to break the 21,100 but got a rejection . A candle closing above this value could start a Bullish momentum. Tomorrow is the weeky candle closing and bitcoin showed amazing movement this week . On-chain data shows the Bitcoin exchange inflows have spiked up over the last day, something that could prove to be bearish for the price of the crypto. Bitcoin dominance is going down which was the reason altcoins performed better than bitcoin. Today's Cryptocurrency Prices by Market Cap The global crypto market cap is $1.02T, a 0.21% increase over the last day. The total crypto market volume over the last 24 hours is $85.82B, which makes a 0.51% increase. The total volume in DeFi is currently $4.67B, 5.44% of the total crypto market 24-hour volume. The volume of all stable coins is now $76.38B, which is 89.01% of the total crypto market 24-hour volume. Bitcoin dominance is currently 38.93%, a decrease of 0.14% over the day. That's why altcoin pumps
by Waqar212
Spot Bull & Bear phases thanks to the USDT & USDC Dominance 🎯By using Technical Analysis on the USDT.D + USDC.D chart, compared to the Bitcoin chart, it becomes easy to spot Bull and Bear phases, let's have a look : What we can see : - Thanks to this parallel channel we can see that every time the USDT/C dominance reaches the top of the channel, Bitcoin starts a new Bull movement. And every time the USDT/C dominance chart reaches the bottom of the channel, Bitcoin starts a new Bear movement. - As you can see, sometimes it did not reach the top or the bottom of the channel, BUT the Tenkan and the Kijun can give you the directions! What we can expect : - Next bull movement for Bitcoin is gonna happen once USDT/C dominance loses the Tenkan + Kijun and breaks the median line ! On the other hand Bitcoin must regain and close above its Tenkan. - Always remember that Technical Analysis has its limits and the macroeconomic events must prevail over all analyzes, for any asset class! Ask Putin 🥲 Good luck traders, may the crypto be with you 🍀 FEEL FREE TO LEAVE A LIKE AND FOLLOW ⭐ H₿ CAPITAL ⭐
CRYPTOCAP:USDT.D
by Hector_Bienvenu
BTC non-bullishFor me BTC is at best neutral. I would not consider buying it befor it breaks above the orange resistance trendline. Even if it does I would not expect an immediate price explosion (maybe 50% to 30k but then a retest back to ~22k. That is when I would first buy it. I can also imageine a few months of sideways action. I can see a bear flag forming on multiple timeframes - even up to the monthly level now (which this chart represents). This, combined with the orange resistance trendilne and the fact that the 2017 top at ~19.800 was a weak level (only a wick reached it then it was easily broken through on the first try), I would say that a convincing retest would occur for me somewhere between 10k-13k. At least that level made price react on several occasions. That makes it a more valid support area for me. As we are heading deeper into the recession (recent CPI data shows an increasing inflation, uneployment rates started to rise, winter is coming in Europe, energy prices are still hectic), I do not expect people and institutes to start large-scale spending just yet. I am sure, if we survive the following months maybe few years, the market will present us with some buying opportunities of a life-time - or at least for the following decade.
COINBASE:BTCUSDShort
by LaiChee81
1
New range forming on Bitcoin for LTFSo yesterday I posted an idea that said BTC PA is showing bullish weaknesss and may set the precedent for a new drop. (Idea is linked as related idea below.) Reason why I said so was that there was an absence of any significant buyer reaction following the big drop we had the day before. PA was just weakly crabbing, with buyers showing a complete inability to overtake sellers enthusiasm. Overnight (I'm in EU) this drop did take place. (Sadly, my TP was missed by a millimeter - but that's irrelevant to my point here ;) ) Point being is that we are now seeing the strong buyers reaction that was absent yesterday. I think this is indicative we **may** be seeing the formation of a new LTF range. I indicated the range in blue, the resistance zone in red, the support zone in green, and possible deviation levels as thick dashed lines. It's very early to say that this will indeed be the range for the coming time. We need to see another high rejected at the level, and another low supported at the level for strong confirmation. And remember that Mondays and Tuesdays can be deceiving. However, for now I'm using this as a main orientation for as long as it is not invalidated. What is particularly important to watch out for today is the reaction of the price once it hits the bottom of the range. **If** it reacts strongly (which, taking into account the first reaction, I think it is more probably than not that it will), I think range is confirmed, and we can play it. NFA, but I hope it is helpful.
by mapav
Update for BitcoinIn my previous analysis, we closed most of our shorts in enormous profit, and opened a long. I now see some bearish signs, so I advise either closing the long in profit right now and shorting, or hedge a short and keep the long open as well. This is a scalp trade, however if we continue the downtrend and break the local support at $20.8k - $20.9k then it can turn into a longer term swing trade! RISK: Medium/High ( be careful!) Risk to Reward: Excellent Keep the short's Stop loss at $21,4k$, or slightly above! Short term targets are the support at $20,8k - $20,9k, if we break these I will post an update with more Targets! Remember to follow me for constant quality market updates, for the price of $0.00!
Short
by MarketAnalyzerFX
BITCOIN 4h BTCUSD Update - by DeFeyeHappy Wednesday Traders, Investors & Gamblers Bitcoin is currently sitting re-testing the previous resistance which is perffectly in line with the 78.6% Fib. level of the retracement from the previous rally. A bounce here is vital to continue with the higher low on the mid TFs where its also vital to continue with a higher high in order to avoid a break of the current uptrend structure. (see below 👇) I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! Happy Trading ✌🧡📈
INDEX:BTCUSD
by DeFeye
7
BITCOIN Trend At Risk! - (1D BTCUSD)Happy Tueday Traders, Investors & Gamblers This is an update on the BTCUSD 1D chart and a follow up on my previous posts and tweets about the current trend within the ascending channel which Bitcoin has been forming since June. (See Post Below 👇) The Key area is of course the one marked in yellow between 23.850$ and 23.400$ a break above or below will result in a re-test of the ascending channel resistance or support and potentially a breakout which would mean that we will see new local highs in case of a breakout to the upside and potentially new macro lows if the range breaks to the downside. For a break from the range we would need a significant increase in volume which is the key indicator to keep an eye on when Bitcoin gets to the 25.000$ or 20.000$ range. The targets to the upside are marked by the horizontal lines above (28.500$ - 31.800$) With the upper one being the line in the sand for a trend reversal on the larger TFs. ( See post on weekly chart below 👇) I would like to add that this is only for educational purpose and in no way a guarantee that it will play out this way, nor is this or are any of my posts financial advise. As always, A BIG THANK YOU for stopping by, I hope you liked my post! If you did, please take a second to drop a like or comment, every engagement puts a smile on my face, but also helps me to get my ideas out to many more of you guys! Happy Trading ✌🧡📈
INDEX:BTCUSD
by DeFeye