Bitcoin Remains Below 30K: Is It a Buying Opportunity or a Trap?Bitcoin trying to breakout of 30K and goes into 31-32K.we could see a decoupling happeing between SPX and BTC.
If BTC loses 29K again then loses 26.8K we could say we are not going to 31K if not there is a slight possibility for us to reach there before a major move to the downside.
SPX at a key support level as same as NQ1
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Btcprediction
Bitcoin Ready For Next Big Move! Is 25K Comin Today with FOMC ? Bitcoin in a triangle pattern trying to find its next move.We could touch 29.1 to sweep the high and 26.8 to sweep the lows before our main move.
We usually get a decent to big move with FOMC but sometimes the main move happen a day after
Losing 24.8K (golden pocket) could result in a HUGE capitulation.
*** DISCLAIMER No Financial Advice ***
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BTC Bearish Sentiment Coming Back! Fake Pullback to 29K!Bitcoin bearish sentiment is coming back to the market. with sunday fake pull back to 29K and then losing it couple of hours after.
Strong bitcoin control zone at 25K which could led to 30K AFTER reaching 25k.
Losing 25K could result in a capitulation.
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Multiple BTC bearish patterns all pointing to 25K or worseWith our golden pattern (BTC rising broadening wedge from 15K) showing 22K as the last resistant and if we lose that well see new lows (12K , 9K)
Talked about other patterns in the video and spiced things adding VIX, ETH , NQ1 To the video
Strongly Recommend to Watch it untill the end.Lots of Information
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Bitcoin Trying to reach 31K before it runs out of fuelBTC New Pattern that we want to pay more attention to anything else is the new rising broadening wedge
obviously we havent seen ANY lows for a long time , maybe we see it after reaching new highs 31K or we start the new Low process since SPX is giving bearish signals
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BTC Pattern showing Strong Bearish Sentiment More Than Ever!!Two new BTC bearish pattern (one mentioned at the start that will blow your mind)
Bitcoin Exited the Orange parallel channel and is consolidating below the support of the blue parallel channel
Stoch RSI on weekly is at its peak and needs to come down which will follow by heavy sells & Head and shoulder still in play
Dxy doing a descending wedge which is bullish.Ive talked about it in video cause its very important
SPX is in a big bear flag - could rally up and form bearish divergence
Strongly recommended to watch it untill the end.lots of important information and signals
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BTC 22hr NeilHey everyone, i thought i would share this idea with you all.
On the 22 hr time frame i see a neil diamond pattern forming and price is right tight in the corner.
Ive not really sussed out these diamonds, wether they are reversal or continuation or wether its a diamond at all.
But i also drew out a fractal and it kind of plays out with the drop out of the diamond, so could we be seeing BTC at 25,100 then a retrace and down to 23400 ?
Or is it gonna pump to 31100.....
Also not the channel it is in, and also where the 200 SMA is floating, Probability suggests to me that BTC will follow the fractal, but it could easily fake out to 31100 to break back down.
peace and love everyone
BTC Pattern shows Pullback to 27.1K! Could it be worse?Signs and patterns are VERY bearish pointing towards 25K
-Bitcoin Pattern (Parallel channel) extending as expected and volume is going lower
-some other indicators showing sign of bearish momentum and even a bear flag has been formed on btc (details on video)
-SPX signaling for a pullback as well thus downside could be ugly if happens.
-The H&S is still in play but we are wating for the right shoulder to form (needs a dump)
I encourage you to watch this until the end if you wanna protect your assets
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**Disclaimer - No Financial Advice **
This Bitcoin Pattern Is Showing The Next Move!Back to 22.4K ?In this video Im showing you the pattern that BTC did before previous dump to 19.5.Pattern is happening NOW AGAIN!!!!
If this pattern plays out , 22.4 is comin prolly next week.
Finding these similar pattern is not eazy and is NOT a guarantee that Bitcoin will move exactly like before But it could show the end game (dumpage to 22.4)
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Slow upward and downward movement of btc in 2023I looked at the previous upward trends and downward trends, there are typically 4 progressions in BTC. In an upward trend, we are currently on the cusp of the 3rd wave, and we still have yet to hit the 4th wave up. I believe that the 4th wave up will bounce off 18-20K, higher than BTC's current value of 28,600, reaching 40K-45K in the next month before June.
Despite all the news claiming BTC is dying, it is showing the exact opposite of what is normally predicted, just like Bitconnex back in 2018.
Bitcoin Dump Signs On Chart Is Insane! Is Today The Crash Day??BTC/4H doing Another Rising Broadening wedge
We made 3 top and each were lower than previous one. the last pump that happen was a liquidity grab.Also On Daily Bitcoin looks very dumpy,H&S could be in play too (mentioned in video)
Keep In mind after the touch we did at 28954 it dumped heavily and then regained it back with a lower high. and the consolidation is inside that red candle and It Formed a BIG Pennant. showing a possibility of a strong dumpage.
There is some Bullish Sign That Ive talked about in video too that could play out and we could visit 31K ( I doubt it though) but worth mentioning it
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Bitcoin Retraced Backup - Signaling The Next Move - Up Or Down ?Bitcoin/1H Doing a pennant
The pennant after a upside move indicates a bullish pattern that could go to 30K but dont forget the ascending triangle it formed before crashed down. so this could be a jebait too. Ive talked about this in details in video
Liquidation wise we have some around 27.3 (1000M) and some high leverage around 28800.
Some indicators are bearish which I mentioned in Video
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BTC Ready To Dump Fast And Hard-Crash Is ImminentBTC/1H Still in that Parallel Upwards channel
*I FORGOT to mention there is a ascending triangle pattern on btc which I think its jebaiting the longers*
Today is FOMC day where rate hike will be announced and will have huge impact on whole market , not only traditional but crypto as well.
We usually get a move to both side around (%3) liquidating all the high leverages which we call ( sweeping the highs and lows) after than the move will come
IMO its a capitulation candle downwards around 23K. could be worse .
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Bitcoin PRE-FOMC Analysis - BTC Struggling to continue upBitcoin/1H is doing a parallel upward channel ( consolidating inside it )
We filled the gap ~28700 but with a doji candle - and has not yet touched it again . these two are sign of weakness for btc meaning down is more promenent
With FOMC tomorrow I think we gonna continue consolidate in that parallel channel today . Some High leverage around 28.4 to take (70M)
There are 3 stops if we start to go down wards that I have mentioned in the video
Some of the things I mentioned in this video will be repeated tomorrow I think,lol
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Bitcoin Filled the 28K Gap, Whats Its Next Move? Flood Or Moon ?Bitcoin/3H doing a parallel upward channel
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We filled the gap from 27.2 to 28.5 and we are holding AT the top of the gap. showing more Bull control than Bear.
This could break to the upside and goes all the way to ~31.7 Or (~292400)
It could also hold it here untill NY market open then dump it to ~26.8 if that doesnt hold then ~25.2 and if that does not hold ~24.4
Liquidation cluster is empty to the upside but downside in total is 300M around 20K , 140M around ~25K
Thanks for watching
Bitcoin Double Top or will fill the gap ?Bitcoin/4H trying to leave our rising broadening wedge pattern aiming for 28500 or 29300 before it crashes down.
Today we have two important news (Perlium UoM) that might shake the market.
Liquidity wise we have around 200M around ~24000 but to the upside is clear and can push it very easily
Thanks for all the support
Details in video
Bitcoin Last Hasbullas Pump Before Downside NukeBitcoin retraced to the upside ~22300 over the weekend to liquidate all those high leverage shorters + performing a SL hunt
Right now its holding the price for more LONGs to build in order to liquidate them.
depending on traditional markets (SPX) we could get a counter trend rally to the upside (~4000) which btc will follow that gives bears another chance for a good short position.
KEEP in mind the market in general is in denial so any upside move considered a fake move and will follow with a major down side move
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Retracing A Month UpSide Rally In 2 Days ! Top Longers in shamblUnfortunately Today I couldnt upload a video , it kept failing ONLY on this platform!
Bitcoin\4H Had A Capitulation Candle Down (-10%) and will continue to go down after a consolidation
After slow bleeding for 2 days BTC finally did what it suppose to do and legged down 10% and caught every hasbullah off guard resulting in Hasbullas getting liquidated left n right
We Also filled the gap (20500 to 20k) AS PREDICTED ,Now this dump is just the begining of a bigger dump thats comin maybe with todays news (18.4) then consolidates there or pushes backup to 19.5 and hold there.
If you look at 4H candles u see they are getting smaller in size and volume is dropping showing Bears are taking the thumb off the sell button and giving some room for retracement following in another fake bull move maybe ~20800 which eventually end in more sell.
On 15Min chart we are doing another Parallel channel but it could change as its low time frame pattern
Liquidity to upside around 22.8 is 4M around 23.7 is 11M
BTC Slow Bleeding Could End In A Catastrophic MoveBitcoin is slowly bleeding down and with todays news it could actually get volatile.
If we want to go lower before any retracement to the upside it could be all the way to 18.4 (big capitulation candle) or fill the gap (20400 to 20k) with a wick around 19.5 and bounce back up.
There is a big cluster of liquidation from 22.4 to 23.4 (near 8M) which shows a possible pullback there to grab those liquidation.
Bottom Line is Crash did not happen yet and is YET to happen.Longing is not recommended at all cause we could flood down.
DXY is looking very strong as SPX losing power day after day.
Details on Video
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Important Event Today - Bitcoin Ready To Move On Both sidesBitcoin/4H In a bear flag pattern with low volume
With the pattern and volume bitcoin is doing tells us that a BIG move is comin which potentially we could touch the origin of the dump which is around 23.6 consolidate and build more longs , then K-Boom goes down around 20500 ( top of the CME gap)
A less potential move is because of more shorts we could legdown a little bit first ~ 22k or 21.7 then it goes all the way back up to 23.6 which in this case the upside should be very intense due to the liquidity to the upside
Reminder: As a Trader We should always have levels on both side so we dont miss any moves
Bitcoin Jebating The Mega Dump!!Bulls Last BreathBTC/1H Trying to reach ~24.4
After yesterdays dump to the bottom of the rising broadening wedge (pink line) bitcoin is trying to go higher making a new high ~24.4 where lots of liquidation is.The pink support line is holding bitcoin so inorder to leave 23K there must be a big sell off that breaks through that support
After 24.4 (yellow circle) we could bleed down or cosolidate before NY market open for another leg down.SPX yesterday bled heavily so today it could continue.
Next stop around ~22.7 and if that doesnt hold its ~ 21.6- also expect a capitulation candle if SPX loses 3900.
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