Local target of 25250 for Bitcoin next move downBearish pennant, formed on a downtrend now, continuation to the downside with a measured move to 25250
Btc-short
Bitcoin local targets to 27.5kBitcoin local targets to 27.5k, options expiration, bear-moon. high percentage chance to the downside here,
Short on $BTCBTC$ looks like is getting weak here and might flip to bear, it needs to retest major support lines (25K) before continuing higher, sorry guys it can't just keep going higher, people lose money in this game and make sure to follow me so you don't.
BTC Re-tested Monthly UptrendWe had already broken an uptrend from around $3,200 to the present in September 2022. The price, which has tried to break this trend as resistance many times, has failed every time. What will happen now seems uncertain. If we can successfully move the price above the trend, maybe we have confirmation of the bull season. But until then, it's good to be very, very careful.
Short on $BTCPrice is not respecting the important zones no retest I think it's a fake/scam pump it needs to retest if it wants to show a real move
Btc shortBtc try to create wedge 👍
in D1 we have Rsi Divergence and Btc was Rejected by weekly supply zone
Bearish Divergence on Weekly TimeframeThere is a very serious negative divergence already present in the weekly timeframe. If it works, a possible catastrophic decline seems inevitable. If we fall to the target levels, I do not think that the support levels at the technical target can hold the price.
Is BTC still heading to the baseline support?I still think BTC is heading to the baseline support around 12k, I am talking about further down from here below capitulation, moving further into desperation territory, followed by a long consolidation period.
Why? because the downtrend haven't changed yet, together with equities cryptos are in a bear trend IMO.
Bearish points: The 50ma has just crossed above the 200ma, RSI also showing contraction in overbought territory.
The speed of the downfall has changed, but not the direction IMO.
Watch out.
Bearish divergence confirmed + newbies feeling FOMO = BIG SHORTNewbies are feeling FOMO at these price levels, coupled with a bearish divergence that is coming to an end.
BTC death cross and retest of breakoutIf the death cross materializes soon which i believe it will, we're going back to retest the breakout at 17.5. Looking for longs from 17.5k as i believe the bottom is in.
BEWARE OF ETH and BTC DUMPENING SOON!!!I know chart is a bit messy, but would like to publish asap to send this warning out to you guys!
Many bearish indicator from bearish pattern to bearish divergence etc etc.....
Shorting BTC $21000There are many signs leads to $21000.
1st EMA200 on Weekly chart was just touched and may it will back to 21k.
2nd overbought on daily chart that make the correction should be as soon as to keep confidence in market.
DYR
it's not a financial advice.
BITCOIN WAIT FOR WEAKLY!!!hi my name is pedram ,
my idea for bitcoin it is.
good luck & wish best
please like and share my this idea,
BINANCE:BTCUSDT
For all the Bears, we have a sign!!CE shows a Sell signal, and forming a M formation.
Short entry is at the red line
BTC ShortAfter the W forming at 16-17kish price level we now see an M which means in my humble op that this is a trap for longs. Simple clean.
Stay True, meme more.
***not a financial advice***
(This was made as a meme or maybe not...)
Short Term Trade Setup for BTCEnter at the Green line for Long if the Structure is holding, enter at the red lines for a Short order.
If a LONG Scenario plays out, take profit at the 200EMA (~20950USD)
If a Short Scenario plays out take profit at around 20130USD
Told you..... but sorry its time to sell now...btc is doomed for 10k sorry...... anyone jumping in is probably going to get rekt. these were my buy signals for the past 3 months. should of gotten in then.
sellers will make sure btc doesnt get above 25k in quarter one. anyway good luck crypto! hodl like your life depended on it.
Cascade of lows. Impulse break downOn the coin, after a strong growth, an interesting cascade of loons was formed.
I consider the impulse breakdown of the cascade after the formation of local trading at the upper level with ideas to collect liquidity below.
I will not enter the entrance when there is activity in the glass, I will not enter from the approach.
Sell bitcoin short termHello, traders
I think we have an opportunity to sell bitcoin in the short term
This is not investment advice, you are responsible for your decision
BTC - Next leg down targetMacroeconomic factors will not do Bitcoin any favours in the short term. I believe the recent spike was a consequence of short position liquidations (~600mln) and not new adoption or demand. Therefore another leg down is more likely than anything else.
BTC Short is coming
4H/Daily Resistance level reach (17550-17350)
Best Risk Reward Ratio 1:4
MACD Divergence is form
