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Btcbearishscenario

BTC Blow Off Top?Looking at history and the old ATH we saw a similar structure forming for the Bitcoin price. A big consolidation range at the 30k area forming demand before marking up and forming a classic Wyckoff Distribution back down to that same area. Things are looking pretty similar now where we had the same consolidation at 40k forming a big demand area for Bitcoin. Looks like we might have had the buying climax for Bitcoin and are moving to stage two of the Wyckoff Distribution which is the upthrust. Now there is ofc no guarantee in any of this but I thought it would be nice to share to keep in mind.
OANDA:BTCUSD
by SpaceBlobb
1
BTC continuation fall and targets (short term dumping)Hello all! This description will be short, my sentiment on BTC is bearish and I think if we can reach these targets it will pave way for our bullish moves everyone would like to see eventually. We have failed to make a bullish break from our structure, I expect bearish moves to continue for the next week or two. This could be a short squeeze opportunity, it is likely this will be a bull trap converted into a bear trap. (In other words, we will go up and quickly, only after we go down fast🆗😄) I do not expect to see 24k, but have included it as a possibility. ( On chart above patterns were analyzed on a 4hr TF, moved to 6 hour they are slightly different keep this in mind ) 🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment, thank you! Always have a stop loss ✋🛑💲 set🆗 Any thoughts 💭💡, questions 🙋‍♀️🙋‍♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.😄 Jazerbay
BShort
by jazerbay
33
BTC future Hello guys, I am here to share my idea about BTC. - BTC is going to a lower level where it is going to find support. It is going to stay on that level for few weeks, and then drop once more. - After the first drop and there will be a second one, allowing BTC to reach 18k or maybe more/less. - Then we can expect a big pull back. This is just a idea, do not take my words too seriously. Let's use this post to talk about the BTC future and the reasons behind your ideas.
Long
by michael772
1
Possible Bearish scenario analysiswe are going to analysis two possibility , bearish and bullish scenario which we are going to talk about the bearish scenario in this post and next post for bullish scenario. we have two possible movement with in this bearish scenario. 1- retracing from the current area of 10200 - 9900 toward 7700-7300 2- going upward to 11200 area and then retrace back towards 9000 area and then 7700 area ( in the bullish scenario we may bounce back upward from 9000 to the upside) we shall cover the bullish scenario in the next post . please support me by following our channel best of luck Possible Bearish scenario analysis
CME:BTC1!Short
by Mailin101