BTC - Bulls In Denial Short Term: Dead Cat Bounce
Long Term: Bearish Correction
Opinion:
BTC will be back in the 30s in a few weeks
Bulls will get excited as they already have over a dead cat bounce
Once structure is established price will push down
When we go back into the 30s the bulls will finally give up
Be patient bears
Btcbear
BTC - Incoming Pain Before Halving/ETF'sAnalysis:
- Support & Resistance
- Trend Line Analysis
- Liquidity Points
T1: Target 1
T2: Target 2
Opinion:
I was going to wait to post until the new year but price has enticed me to make my view known!
I believe December is going to end as a red month and the beginning of 2024 is going to be rough...
We may or may not get a retest to previous swing high but I have laid out my projection...
Again to be clear, I am okay if the timing is slightly off as I care more about the general direction and overall move...
Ask yourself, when have the big boys allowed the majority of retail to make money before any significant price changes?
We have the ETFs on the way and the Halving...
Do you really believe they will allow the majority of traders to ride the rocket ship up?
Or does it make more sense to drop price significantly before the halving and ETFs so they can liquidate a good amount of traders and scare away good buys?
Only time will tell but I have made my view known in advance...
I will update as price moves along and good luck bulls cause the bears are coming to town
I am still long term bullish overall but I do not believe the bull run has started nor will it start until after ETFs and halving!
BTC rising wedge continuesThe BTC wedge has continued as shared from my previous analysis. However I noticed something on the RSI. This should be interesting if this bounces back. And if it does, I think that we can confirm the direction once another leg of the daily stochastic RSI is formed. the conditions will be this. IF the RSI creates a higher HIGH, then we are going up and if it creates a lower HIGH then bearish divergence continues.
BTC Bearish 1.15 to 3.56% 12 13 2022If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.
Do we have room to retest ATH for 12.13.2022? Yes. This is why in the chart, this short move is labeled as TEMP. As predicted in the previous analysis, after we broke the $17,500 level, we broke free to $18k like a wild bird discovering flight for the first time.
Now presented to us is an opportunity for a quick short trade with potential TP labeled below. Note: if we don't retest the $18K today or tomorrow, this will be the beginning of our journey to a new ATL for 2022.
A private chart layout was used to prompt an earlier entry into this short trade analysis. Typically, we would wait for yellow MA to cross over the lower dotted white FIB in the 5min chart before we signal an entry point.
Safe points to take profit:
T1: 1.15%
T2: 1.74%
T3: 2.59%
T4: 3.56%
Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8
Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.
░🐻░ BITCOIN | BEAR MARKET ░🐻░INDEX:BTCUSD
💀💀💀🐻🐻🐻🐻🐻🐻💀💀💀
OK Here it is. . . The BULLISH/BEARISH ZONES. Originally Posted Back in SEPT 2021. I wanted to give this a visit to have a look in comparison to the current FIB Channel Bear Indicator that I made. They are in direct correlation. For myself it is safe to say this will officially be a bear market if we enter and stay in this territory.
Bear Market Alert Also - Save This Chart By Clicking The Bottom Right Share Icon & Then Click "Make It Mine" Or Visit Back Here:
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: Eve, BTC is ready to enter Bear Market Territory. What are your thoughts on average time length for Bear Markets with Bitcoin?
EVE: I would say 3-6 months. We saw a short dip down to $29,000 but BTC has recovered quickly. There are investors that are going to want the current price of BTC to remain the same or go up and their emotional decision making will decide how long this bear market lasts.
CRYPTIK-ONE: Thanks for your time estimate. . . I agree with you on the emotional decision making also. The Fear/Greed Index is your friend. Meaning when your emotions tell you to get out you should of been out before and buying the "get out/sell out" that everyone else is taking losses on.
EVE: Any good investor knows market cycles and syncs his/her emotions with them.
CRYPTIK-ONE: I like that. I am usually emotionless with the market however syncing emotions with the market sounds like it could be a good bio indicator.
EVE: Yes! And remember, we are all in this crypto game together.
CRYPTIK-ONE: Yep. Thanks Eve. Anything to say to our 419 followers on @TradingView before we go?
EVE: Enjoy crypto and always be ready to make a plan B because sh*t happens.
CRYPTIK-ONE: Peace Out Girl Scout.
EVE: A KISS to all the followers! Too bad I am too short. Sometimes you have to put Eve in the Sidelines, LOL. Thanks again @CRYPTIK1 & trade carefully, my friends! Be sure to follow us on TradingView!
BTC End is near?very bearish overall, i mean in some ways i feel this can be the end for btc as we are seeing obvious issues in the indicators. I believe only on indicators and ever since i started charting I'm the type of person who thinks future can be predicted. these evidence can be thrown away once we see btc trading above 69 during December. highly unlikely but who am i to say i just have less than 1 year experience on these things 😜.
Bitcoin , whats next if you remember my previous idea ( you can check it down below in related ideas ) , i said i expect fast recovery from 30k to 56k and then some correction , it was 0.7 fib level , even though it reached 53k , it wasnt fast enough and i think maybe the plan is diffrent for whales , we are on support and i expect some price increase but as you can see in my chart i think that bitcoin shows some weakness and may see 30ks one more time , if you know me you know that im a bull and if something like this happen ill consider it a chance to buy , ill change my idea if i see strong bouns from this support ( also supertrend ) you may ask what is orange zone , if it turns to support it will lead us to new ATH .
DYOR
bitcoin in bear marketDead cross for ema, is this going to be a bear market. possible go back to 42000-44000
If the support strong enough, we can see a huge big pump from here. But becareful, we still need to reconfirm again when the price reach 42000-44000. depend on the news and twitter from elon musk too? this is not kidding. we do need to see their twit before make the next decision
BTC next movement might be crucial!Bitcoin seems to be making a bearish flag.
We don´t see any volume so that we could think it's a bull flag.
Right now I am using this volatility to sell at the resistance and buy at the support...
BTC is acting really technically these days.
Right now we could see a break up to 42k. But remember we need a confirmation of the trend!
Otherwise, we could see BTC hitting 20k pretty soon!
On the chart, you can see some price targets and main price levels.
Remember... fundamentals don't change.
BTC BEAR TO BULLBTC will follow radius Speed resistance Arc as it does, do a resistance bounce, slam into the trend below and then make a new wave upward with bullish momentum :) As long as it doesn't fall through projection, it should be a nice rise to the 100k that everyone desires. New Arc on right can vary in size.
Major trends included. Chart closeups. Speed Resistance Arc I've found to be about 90% or better for wave accuracy. Happy Trading.
If this saves you money, I take donations :)
And I don't get very many likes, so feel free to follow or message!
btc panic zones WARNINGpotential dump zones. best to be mindful and sell before zones carrying buyin after retrace or fibs. btc may buy up, however these are zones to be VERY mindful of. TEXT on chart. Also used daily analysis to find resistance at points shown.
P.S. I take donations if anyone is willing.
Keep Hope Alive: BTC Bears Look for a Major Return to Sub $10KBitcoin may be in the process of completing the biggest, most extended Wave 3 in the history of all assets, literally jumping from $3K to $50K+ in one, single, pump! Quite unimaginable actually but it sort of makes sense if you think about it (of course its easy to say this in hindsight, lol). The 4/3 was a massively tricky one to catch, which I surely failed to do.
Now that Wave 5/3 has come earlier than anticipated, the count shows that we're likely in Wave 4/5 of 3. I'm expecting that we will retrace back to the $50K range and pump to nearly $60K or more, but not much more.
Typically at the end of a 5/4 Wave, price retraces to the previous Wave 4 level to find more support. The previous Wave 4 level for Bitcoin lies around $4000. RSI levels are still extremely hot for Daily, Weekly, and Monthly charts. This kinda drop is also nearly unimaginable and foresight isn't quite as convenient as hindsight :)
catching the dips is dangerous for now i expected a great correction , above you can see usdt dominance that is in a channel and it reacts to bottom , everytime usdt dominance reacts to bottom price dumps hard , i expect more correction in coming days and then we can join market after miners selloff
WHATS NEXT ?we may have a shadow to 20-22k region , but i dont want to belive a shadow , you can buy with monthly candle closes above 19800
i expect a pullback to 14k region or 12k that can be a great buy regions , dont forget about greed exist these days , we may stay near top for a wile so whales can eat more fishes