Get started

Btcbearish

BTCUSD - Why it could drop the next 6-12 monthsThere was heavy resistance on the monthly Ichimoku Cloud as the base and conversion line were at the same spot. Being rejected, there is a high probability, that the price drops and the cross of the two lines is being confirmed, a bearish signal. Furthermore we have the cloud, which is extremely narrow and therefore easy to break-through. The lagging span (green lagging line) on the left crossed the priced, which is typically a bearish sign. Falling through price with force would be more significant, but still a good signal. Not on the chart: - We closed below the 10 SMA and 21 EMA. - The weekly doesn't look good. We need to see how it closes tonight. Closing below 8750-8800 would be really bearish. - The Total2 chart for Altcoins got heavily rejected in the monthly chart with a gravestone doji. I expect at least another 30 Billion to leave the market. That being said, with or without halving I believe Bitcoin is going to have a hard year, confluencing with the current situation in the world and the struggling markets. Happy trading!
BITFINEX:BTCUSDShort
by Thierry88
5
BTC USDt, ready for the next Bearish?After the last two attempts to break through the 9500 USDt wall, it seems that the price may return to much lower levels. The low volumes are moving towards lower and lower positions (from 9500 to 9300, to 9100 USD) and it is therefore probable that a "panic selling" can be expected in the short term. If this condition had occurred, the price chart could perform a new test of the supports around 8600/8500 USDt. (-9% for a short position).
Short
by gabrielestampa
2
My Bearish Scenario. If we're to mimic the 2014-15 bear market.If we're to mimic the previous cycle - this fractal matches it. Publishing this to watch it play out. It ultimately leads us into a drawn out wyckoff accumulation pattern below trend resistance while holding the 4k range as support to create the trading range. Scary! Possible. Never neglect all possibilities. It'l burn ya if ya do!! With the US economy pumping, and a high chance of Trump being re-elected, could make for some serious accumulation while the $SPX flies to 4k or higher.
BITSTAMP:BTCUSD
by The_Paradoxed_Prophet
1
Bitcoin has made a U-Turn for this cycle: Bear PowerBitcoin is making lower low and lower high giving bearish signal for long but today Bitcoin has broken its major trend line support started early this year formed from 3K to 13K.. From my previous analysis, we can see Bitcoin is giving signal only for sell. Recently we had seen few pullback to $10,300 but price has been rejected and its acting as strong ‘Resistance’. Now in downtrend It will find next support at $8900, 7800, 7100. We will analyze again,when it reaches near next support based on how it reacts with it. Until than create short position make profit at each drop .. Please like my idea and follow my idea for live alerts. Target: $8900, 7800 and 7100 SL: $10,300 or 9,800 (depend on loss you can bear) Now god save cryto coins.. It will sky rocket to bottom... Bear are in Control..
BITFINEX:BTCUSDShort
by AnkitSalgia
BTC Dominance : Bull VS Bear Run. Who's stronger ?Speclation about BINANCE:BTCUSDT is always confusing for a new comer to understand what is going on in the market ? To be frank, thats make this amazing cryptocurrency a pain in the @ss for traders. You cant predict whats gonna happen next. From my analysis, I believe there are two possibillities, Bull Run and Bear run >> BEAR RUN If the Price breaks down the line then On 1h Chart, BTC is likely to print Gartley pattern. Most likely breakout level is around 10890 - 10750 (1.618) , If this level is not tested then it must lie between 10300-10460. >> BULL RUN BTC is haeding towards third wave so if bull run is stronger to destroy gartley pattern then it will going up as it is going.
Short
by Good_Trading_Calls
2
BTC/USD analysis - Short-term bearishA correction to around 8100 for now cause the first high retraced more than 78% and it can be expected for the second high to retrace less than 78%. Then a gradual move to around 8500 followed by a correction to around 8100 again. if it were to continue to the downside and create lower lows, 7200 is back on the table. I believe we are about to encounter Wave B of the current trend. I am still bullish in the long-term but I think a correction is due and although many think this correction will come after hitting 9.3-9.6k but I think it has already started. Yes we are gaining bullish momentum right now and the target as per chart is around 8500, but that is the way of wave B! Remember: "Wave B: Prices reverse higher, which many see as a resumption of the now long-gone bull market. Those familiar with classical technical analysis may see the peak as the right shoulder of a head and shoulders reversal pattern. The volume during wave B should be lower than in wave A. By this point, fundamentals are probably no longer improving, but they most likely have not yet turned negative." Why am I not bullish? why don't I consider this as another classic BTC move where it plays around in sup/res for a while and then pumps? it sure did happen while we were in 5000-5800 range and it happened in 7000-8000 range. Both times, when prices dropped to 5000 and 7000, people freaked and shorted only to be rekt by BTC move to the upside. This time, I believe it's different. I am not bullish on BTC for the moment because alts/BTC are looking bullish. can't be bullish on both of them cause one moves up, the other comes down and vice versa. Alts/BTC are showing strong indications of an upcoming move to the upside, specially in their weekly chart. The last time they had a big move to the upside was when BTC dropped from 8200 to 7100.
by UnknownUnicorn4427542
Bitcoin's Bottom is NOT in. H4 BTCUSDA market pump was good to see for once all coins had a small rally because of the SEC headlines stating BITCOIN ETF will eventually get approved. Despite all the noise lets not forget we are still in a BEAR market, & before big money comes in we do need more downfall, which will be manipulated by the big players. Look at the big picture stay away from hype. Once we can break $4,500 that may be a hint of the end to the bear market, until then I will remain bearish in the short term.
BITFINEX:BTCUSDShort
by Ricosuavea
Bitcoin crashes!Quick TA on Bitcoin. Today, we see the long awaited result of the price squeeze at over the past week. Most people have been expected a break to the upside given the peculiar inverse H&S pattern formed. However, it is evident that despite testing the overhead resistance or neckline for some time, the awaited break to the upside actually rolled over instead. This can be quite conclusive of a failed completion of the inverse H&S. From a shorter term perspective, we see that price action is now testing the lower boundary of the upward trend channel, possibly looking for the 200MA (in red). A rebound is still quite possible if we see strong buying volume coming in, but i would wait and see if this the 200MA proves to provide a strong support level. For all the bulls out there, be careful not to catch a falling knife!
BITSTAMP:BTCUSD
by gingerbre4d
BTC Bearish Until November? Here is whyWe are showing a strong trendline ranging back from 2015. Each with strong bounces (highlighted) every-time it touches the trend line. Eventually beginning of this year, BTC went parabolic. Looks like we need to retest the trend line for another strong bullish move back up. There is strong support for this down move with the Macro H&S forming at the current moment. The time frame for this downside move looks to take place between September and November. In the meantime, be ready to have your short positions ready if we break our most recent support of about $5800 or even the neckline of the H&S.!
KRAKEN:BTCUSDShort
by KennySniper
Btc Major Short, bulls have been hoping for a move up for a yearVery strong short signal this time people. Bulls are finnaly about to get a load of reality. It is what it is and we can profit on this. After a year of waiting we have come to this point were the price can no longer support itself any more. The magic 6k support about to get broken and this time it's gonna be real ugly. targets are 5.5k/5k/down around 3k. We short above 6.3k bitfinex price and with a stop loss at 6.5k. Margin: 5X. We will also move down SL to profit later for security.
BITFINEX:BTCUSDShort
by Nirland
2