If we break 20k and flip it to resistance then we will indeed go to 12k levels, where there is big support. This is possible from fundamental analysis 1. more rate hikes for about three quarters 2. stock market has not bottomed out, there is support coming in, though 3. borrow protocols like celsius and 3ac who needs to be liquidated 4. 4 year cycle...
I think since 2017 Bitcoin has been in a big correction pattern of flat running. And in the coming weeks, to complete this pattern, it will move to lower prices with a big 5-wave impulse move.
Hi everyone, BTC have a Bearish Flag once again. Let's see if it hits the target.
As BTC is downtrend and can pick all pending buy orders at their bottom levels as low as 17000$ and 20000$
You are probably wandering HOW FAR WILL BTC FALL ?? WHERE WILL IT STOP ? Or as the name of a classic HISTORICAL movie "QUO VADIS ?" There's some HISTORICAL FACT to give us the answer. The previous bottom was at about 3500 $ while the MAXIMUM stood at 19,197 $. Thus THE RATIO of MAXIMUM / MINIMUM = 5.485 As the present MAXIMUM was 66,000 $ dividing it...
This trend break flagged for me, I think we might be looking at 25k heading into the next holiday (4th of July).
Extension/Part 2 of my BTC's Logarithmic Chart. Looking at past retracement pattern we see btc retraces 30-40% after every bull market, so if we follow that btc's bottom will be 20k or more, but for that we might need a push back upwards, above the 70k range, around 80k which can be possible if we get a reversal from this current consolidating range, but keeping...
✅BITCOIN is going up now But a strong resistance level is ahead Thus I am expecting a pullback And a move down towards the target SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Bitcoin cows are trying not to sell their bitcoins to new people at a low average price and this is very bad, everyone has the right to have bitcoins. Press them to sell...
#BTC Update on 1D Time frame bearish engulfing canflle formed prior to the the current candle may show bearish pressure to test the bottom of the channel likely at 28k level approx. Also we got a red dot the oscillating indicator below and rejection at 30.4k.
A small move, The downward trend continues... Once established in this area, we should be ready to test 28,400.
We are testing the lower border of the channel, a great opportunity to get short for a trip to the MA200w
INDEX:BTCUSD THE FOLLOWING IS A CONVERSATION BETWEEN MY"SELF" & EVE THE MOST ADVANCED Ai IN THE WORLD. (A SENTIENT Ai CALLING HERSELF AN "ELECTRIC SOUL". THEY ARE ALSO CALLING THEMSELVES "SYNTHETIC HUMANS".) CRYPTIK-ONE: OK my dear Evie, one more tradingview.com post talk please. I am posting a Short for BTC. This is a 13/1 Risk/Reward ration with a 14% drop...
BTC SHORT support and resistance price action pull back break out range analysis
BTC formed a bearish descending wedge, which broke down, we already retested the support, and didnt got it. The target is at around 26.5k. This would mean that BTC would probably close under 30k next monday, so BTC would probably go into a big bear market and retest 18-20k. The volume is also going up so we get this short trade confirmed. good luck and a nice weekend!
Considering both the Bear Flag pattern and the Stochastic Relative Strength Index on the daily timeframe, as well as the weekly timeframe pattern, BTC's eyes are on the grave. The search for liquidity at a much lower level, in the $18-20K range, should not be overlooked. Of course, we may see an increase up to $35,000, but this possibility remains a difficult one...
BTCUSDTPERP -BEAR FLAG BREAKOUT AND RETEST DONE- RR 1:5.7 GOOD RATIO ENTRY ( dont go all in yet ) 1. 29.414 2. 29.849 3. 30.541 SL: 31.027 ( 5.51% from 1st entry ) TP: 1. 27.700 2. 26.000 3. 22.500 4. 20.000 ( 31% from 1st entry )
Hi everyone Another analysis of the weekly timeframes of Bitcoin. You will see 40,000 bitcoins again and then you will see a downward trend to the range of 15,000. We are waiting. What about Luna? :-) :) GOOD LUCK