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Btc_usd

Potential flashcrash bids for Bitcoin, BTC on coinbaseAs momentum builds to the downside in the crypto space the likelihood of a flash crash capitulation increases. Not to say it will happen... it is still a highly UN-likely event, but the probabilities increase with downside action like what is currently occurring in crypto. If you a long term holder and NOT buying on margin , buying a hard sell off in flash like fashion can get you some really good prices. Using the market profile you can find some really nice areas to place bids and leave them in case such a fire sale does indeed occur. Here with BTC on coinbase you can see solid areas of support on the volume profile starting with the low of this move.
COINBASE:BTCUSDLong
by HumbleFutures
BTC where is the bottomBTC / USD BTC about to reach major support 32k - 28k F&G index dropped to extremely fear Whats the plan ? From current major support I expect market will do temporary bounce (alts will follow for few green days or few green weeks before next crash ) In the chart you can see : Major support 32k-28k i think MM will break this level sooner or later to hit stoploss of majority after that We can drop and touch 200W MA as History show every time BTC hit 200w MA it will end of bear trend and start of bull trend i think also Bitcoin wont breakdown its previous ATH at 20k (if it do that then we have serious problem that will threaten whole crypto system as BTC never breakdown its previous ATH ) Summary From all of above I think next long term bottom will be located between 27k-21k 1- which be around 200W MA 2- trigger for stoploss and liquidation 3- completion of giant falling wedge in my chart this is my own long term view , agree or not ? Don’t forget to like and follow for more analysis
BITSTAMP:BTCUSD
by Babenski
93
BTC (My long-term view)BTC / USDT Bitcoin is still following my first plan , posted here: Since last November BTC price is trading inside giant falling wedge which mentioned before In small time frames we can see potential bearish pennant under formation which mean we have high chance for another drop WHAT NEXT ? I expect the market to move sideway up and down in next days (between 28k to 33k) before another breakdown and this time my target will be 24k-21k (potential bottom) After that …we will watching the major trend line resistance for any breakouts for the start of new bullish rally , based on my view i think bullish market will start in August NOTE : if major trendline got a breakout first then the lower targets will be invalidated FINALLY : this is my own long term view based on signs/ chart and my thoughts/ experience… could be true or wrong so always DYOR Don’t forget to like and share for more analysis
by Babenski
34
BITCOIN: THE DIP KEEPS ON DIPPING.Hello traders, Like I said in my previous update ‘the dip keeps on dipping’, well I guess we aren’t in the actual dip. BTC broke down the $28k support range which isn’t good at all. This is brutal for all the traders who went long on BTC and other altcoins and if it was on leverage then God saves them. All our past trades hit the SL and after that, I went to ‘No trade zone’ that’s why I did not post any trade setups. It was just the BTC updates I have been posting. Now, to analyze the current situation, I have this 8 hours chart which shows two support ranges. Support 1 at $27.7k and Support 2 at $25.45k. If BTC fails to hold the S1 level then we may possibly see BTC at S2. A close above S1 or the blue box will be a sign of relief for time being. The RSI is close to the oversold zone, the entire market is red, the F&G index is in extreme fear, the BTC.D is at the peak & the USDT.D is as well. All these indicate a rally to be coming soon. Until then don’t get rekt. Thank you and have a rekt-less weekend.
BITSTAMP:BTCUSD
by Dexter_The_Trader
10