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Btceurtrend

Nostradamus 101: BTC EUR 3 months aheadThis is an update to the previous forecast see link below. Based on what we have seen, we are now effectively in a battleground. The same 'big' holders who are on the verge of selling their crypto assets are the same people asking us to HODL. Bitcoin, I believe in you, but, you are not worth your money. You are worth our money, just not this much, and as the environmental implications become more imposing, so will the need for regulation, taxation and audit of miners; so will the need for celebrities to turn our attention to another crypto gimmick; so will the need for other distractions cloud our judgement as those who have pre-mined" spill their guts. Good for them. You got us. Why all this mad nonsense you ask? Because, we are a second away from midnight when it comes to BTC (in particular), and hopefully it stays "your crazy to say that", but am I? are we? Haven't we read all the books, watched all the movies, seen all the news, learned about all the shady after 50 years of declassified documents? Haven't we? "You're a conspirator!" Relax, facts are facts, just like the fact that there are closed "open meetings that happen in Switzerland once a year under a mountain that control the majority of our everyday lives "Haha" You say? One Jeff Bezos will make millions of teens squirm. One Jeff. And this meeting is no Jeff, possibly worst, possibly better, who knows, what we know, is that we're not in the club, because if we were, money would never be an issue. Watch out guys, safe trading. Good luck have fun. Peace.
BShort
by epiclegendaryman
22
Nostradamus 101: BTC EUR 1 month aheadSince many of you have messaged me for an update, here it is. >>This is not financial advice. If you can make the most of this analysis, great. Enjoy.<< Let me preface by saying what I always say: divide any advice by half and conduct your own research! So, to recap. BTC was at its all-time high in mid-April, back when our friend Musk announced that you'll be able to buy TESLAs with BTC... or so we thought, I mean this is how news cycles work boys and girls, they take time to marinate! Besides, markets naturally go through 3 phases: Accumulation, Hype and Distribution. Nonetheless, our billionaire buddy decided to defraud his own followers for a quick buck. Frankly, sickening, and what's worst, is that people still look up to him as some messiah. Relax, he is just an inventor, a good one, but nothing more, another industrialist who is willing to sacrifice his own people for his own benefit... nothing new. Then we had the El Salvador news... another news cycle, and on top of that, news coming out of one of the most corrupt countries... I mean we know about lobby, which is technically another word for insider trading / promoting interests of others... so why were we surprised to see a head and shoulder pattern? We weren't... we saw it coming, all of us, we just didn't want to believe it. Remember kids, news cycles mean: insiders have already accumulated and set a trend, then the rest of us retail investors rush out of FOMO, then the same insiders distribute (sell) hence making a chunky profit. And unlike us poor pleebs who expect 20-40% gains, billionaires with their billions should be content at say 3-10% which is already plenty... so when you see a new trend set by news cycles, read between the lines... because that is when you begin to view the market broadly... that is when you begin to understand how and when big money makes moves... remember, a billion-dollar trade would probably takes days to complete, you wouldn't be able to click market order... that way, you as a savvy billionaire lose money... so start visualizing how the players of the market could potentially act... also picture what would make them sweat and act out of FOMO (a feeling more frequent in retail noobs). As for today, now we have the Amazon news cycle which has been drowned by the potential of U.S. regulators taxing cryptocurrencies. So what now you ask? Many things, depends on the combination: 1. Amazon did not confirm use of BTC, it confirmed use of cryptos in general at some future date, potentially December of this year (makes sense cyclically). Now the danger is: Amazon reverting on their announcement with something like: "we will look into it next year", "we are not ready yet" or, worst of all for BTC, "we will start off with our own coin and then make it available to the rest...". There are a million ways this could pan, but what is almost certain is that Amazon, Tesla, the Musks, Bezoses and Bransons of this world give 0 **** about you, they care about money, power and legacy... so watch out... 2. In previous analysis I mentioned that unfortunately (particularly for the naive) BTC was created with other intentions in mind. Money laundering. Absurd you say.. long story short, industrial shadow governments and mafia farms (in China, Russia, North Korea, Iran etc...) have mined BTC for the last decade... and are currently offloading... I mean this does not mean the end of BTC, but not the 100k we dreamed off, at least not right now... sure, there is buying power, but no volume, volume is with the billionaires, corporations and shadow players... we (retail investors) are but a speck in this ocean of BTC volume... therefore just keep it in mind when trading. 3. Lastly, nothing is ever what it seems, even the patterns that we do know of change / reverse / break... remember, if you had a billion and you want to short a currency... all you must do is trade the closing of each pivotal candle (e.g. 1h, 4h, 6h, 12h, 1d, 1w) - this means that you could (and they do) sacrifice a couple of million in losses to ensure that a candle closes a certain way to show a certain pattern (FYI: called institutional candles)... remember guys, all you fundamental and technical analysts... patterns are all about ' the self-fulfilling prophecy', this means that once there is an idea in the world, and enough people are exposed to that idea, and then it manifests, it almost naturally forces market players to react in a certain manner, and this means, nothing is ever what it seems. Hope this helps you trading warriors. Adjust and overcome. Safe trading.
BShort
by epiclegendaryman
3
BTCEUR - short term prediction - Weekly updateBTC stays bullish and confirm my prediction of last week. We are seeing higher highs and higher lows to signify a growth in the price even if not at the fast pace at which BTC have made us accustomed to in the last months. This almost sideways trading is good to create a strong support level in the range 41 to 43 thousands. the next resistance appear to be around 44/45K but should be easily achievable if the sell off have really stopped as it seems. overall the upward trend is continuing and we will see soon BTC at 50K EUR.
Long
by BurningStacks
BTCEUR, Trend Prediction 10300÷10700 EUR on COINBASE PRO.BTCEUR, Trend Prediction COINBASE PRO. The movement of the trend goes horizontally and it is possible that it may proceed in a new channel that at the moment is still too open to guarantee a strong upward trend. The FIBO retracement, studied on medium precend, marks the levels higher than the resistance line (RED) which at this time the BTC has not yet exceeded. Probably BTC will move up. Possible levels: +10750 euros +10300 euros + 9600 euros #surfthetrend if you are a #trendsurfer
Long
by gabrielestampa
5
BTCEUR, TREND REVERSAL SIGNS - possible bullish phaseIn the last days, we can see the trend reversal in the Downtrend Channel. The minimums are always greater in the Dynamic Resistance Channel. If the Candles will break this resistance with force, we will proceed to open a new Long Positions. The TREND REVERSAL SIGNS are clear. Before opening the position, wait for the passage to be verified by identifying the next support. Into the Next technical analysis, we will work to check the market trend and proceed to other analyzes for the next opportunities. Possible bullish phase in the coming days.
by gabrielestampa
2