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BTCUSDLONGS

Are we ready for the rise in the price of Bitcoin?The answer is yes We are repeating history... There are less than 60 days left until the breaking of the previous ceiling and then the price increase to the desired ranges in the Bitcoin chart. After 1 year of effort and study, I found out the method of seeing the chart, I did a lot of trial and error, but now I am ready to make the best predictions in the world.... I am Ehsan Chegani from the beautiful country of Iran and I must tell you that the price ceiling of Bitcoin will be set in 2025 and the price will increase to the range of 220 thousand dollars. The altcoin party will start in 3 months and eventually the price of many altcoins will see new ceilings, but there will be no news of significant progress in the market until the next 2 months... During these 2 months, I buy more bitcoins and altcoins with every price drop... how about you??? Number 1: The US government will support Bitcoin. Number 2: Little by little, I am preparing my hardware wallets to be ready to convert bitcoins to dollars and exit the market. Number 3: The price has reached its ceiling and I am selling.
CRYPTO:BTCUSDLong
by ehsan_chegeni
4
What Leveraged Bitcoin Is Doing In This MoveA derivative indicator I have used for many years to analyze Bitcoin is the BITFINEX:BTCUSDLONGS symbol on Tradingview which displays the number of Bitcoins held in Leveraged Long positions on the Bitfinex platform. This is an indicator of the aggregate long positions held on margin on the platform. It can be used to see what speculative position holders are doing. Recently, during this run up in the price of INDEX:BTCUSD it seems that the Leveraged positions have begun to unwind by taking profit. They are down -23.5% as of today from the start of November 2023. Analyzing this chart is different to On-Chain Analysis because the Bitcoin involved are all stored internally at Bitfinex. No new Bitcoin are created (because they cannot be) by taking these positions. Rather the Bitcoin that are custodied on Bitfinex and put up for the ability for other traders to borrow and the owners to earn interest are involved in the count. A few takeaways: After months of holding leveraged long positions these traders are taking their profits into this move. By having less exposure on margin the risk of a liquidation event (and liquidation candle) is diminished. Leveraged Long positions are net negative meaning that leveraged positions are not the cause of this upward move.
Editors' picks
INDEX:BTCUSD
by norok
9
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance. On the other hand, it was very good that the cme chat was also filled. If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified. At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
by mohsenomidy
BTCUSDT: What should you expect?The current wave pattern reflects my thoughts on a breakout of the $17.5k level. I believe that in the current local decline, this is a very predictable scenario, in which many traders who took a short position will make huge profits on panic selling. For this reason, I consider the beginning of a rapid bitcoin price recovery to at least $26k in the coming days. In addition, on altcoins are forming in a similar waves structure, indicating a high risk for short pos and the beginning of mass liquidations soon. Be vigilant, because the market is blowing its own trumpet, not yours. An excellent solution would be to open a long position on a breakdown of the local downtrend line.
Long
by HurricaneCapital
Bitcoin Leveraged Longs At Historic RecordsThis chart of BITFINEX:BTCUSDLONGS represents the total number of Bitcoin held in margin positions on the exchange Bitfinex. This is only the data for one exchange but I make the assumption that as a data point it represents the state of the trading ecosystem as a whole. What this data shows is that despite the drop in price (or rather because of it) traders have been apeing into the dip with larger amounts of leverage than ever seen before. This could mean one of two things: Traders using high amounts of leverage will get rewarded for taking on high risk if the price rebounds Traders using high amounts of leverage will be liquidated and create an even more rapid cascade of price decline if the price continues to fall Time will tell... do these traders taking on excessive risk get to win? Another question: if so many people are buying to DCA and/or speculate... why is price falling?
BITFINEX:BTCUSDLONGS
by norok
6
How a market manipulation works, second episodeIMO market manipulation is part of trading, but only big players are able to perform such operations. I observed one of those last year and reported here If you look at btcusdlongs you can see currently there is an unprecedented desire for btcusd longs in Bitfinex, this extra ordinary longs at this level of btc price imply that there are many whales betting on long side, but some thing is fishy when considering the sentiment, SPX and other economic metrics etc. i.e. market is not that hot that this level of longs (all time high of longs) show. Probably it is a false signal by whales as their true estimate is down direction and are managing to dump at this station, maybe after some false breakouts or immediately. last year July, at same price the opposite signal in short side fired by btcusdshorts, pretending the market is crashing while it reversed , that idea link is below, if you want to learn more.
BITSTAMP:BTCUSDShort
by kaskassa
2
#BTC/USD LONG TIME FRAME 3DAY UPDATE BY CRYPTOSANDERS Welcome to this quick BTC/USD analysis. BTC 3Day Update BTC trend line is moving up and the falling wedge pattern creates a current price of $38300k. #btc/usdt long best entry $32800k $34500k stoploss is $28600k BTC trade line is trading and the same is visible in the RSI BTC 3 day update. We were watching that moment. In RSI also we can see that the trend line is moving up and once it crosses above the trend and the market dumps and then the market falls down but once again market can bounce in btc or if This is going to be bullish so BTC could jump from here. This is not a piece of financial advice. Sorry for my English it is not my native language. Do hit the like button if you like it and share your charts in the comments section. thank you.
BITSTAMP:BTCUSDLong
by CryptoSanders9563
What are the Leveraged Longs doing in Bitcoin?One of the most interesting things to develop in Bitcoin last year during the summer dip to 30k was that leveraged long positions inexplicably rose as price consolidated. Under normal conditions traders tend to chase returns and increase leverage as the price rises. This was typical of the first half of 2021 as Bitcoin pushed to higher highs. It would follow that on the May 2021 dip leveraged longs would be liquidated, sentiment would become less risk on, and leveraged longs would decrease. The opposite happened. Leverage increased and continued increasing through the dip and further into the consolidation. At the end of the consolidation when price rallied the leverage began to evaporate away suggesting it was being closed out. At the time this was happening last summer I saw a major structural weakness in the price of Bitcoin if price broke 30k as it would jeopardize the leveraged longs being liquidated into a major crash. I gave a talk at a local Bitcoin meetup titled "Do they get to win?" insinuating that this was a risky move that could end badly. Turns out, they did get to win. In hindsight I have a new take on the event. The leverage was coming into the market to support the price and keep it from falling further. Now, when I revisit this indicator I see that leverage is once again increasing rapidly into a falling price. It is not just "buying the dip" but in my mind "supporting the dip not going further." Do they get to win again?
BITFINEX:BTCUSD
by norok
4
Leverage Manipulation on BitcoinCool story bro's about "whale manipulation" are common. Here is some evidence. The "Liquidation Spike" of December 3rd started with the 8:30am US Jobs Report. The move triggered a cascade of stops and liquidations across the cryptocurrency market. In the days prior there was a dramatic increase in leveraged short positions being opened. On Bitfinex the leveraged shorts increase by 275% over 7 days. When the move down happened these short positions closed into profit from where they were taken. Gravity seemed to pull price down the retest the low. Now on this move to breach the Liquidation Low there is another noted increase in short positions likely trying to force out stops and leverage longs. The battle ensues! My thesis remains that cryptocurrency has entered the bear phase of its cycle.
BITFINEX:BTCUSDSHORTSShort
by norok
3
Bitcoin Prices Curves Nobody Is Talking AboutHere on this chart you can see similar patterns forming over the years. i think that bitcoin will continue to follow the same pattern for a few more years. according to these curves bitcoin should be at 200-400k by the end of 2021. i personally think that 200k is defiantly going to happen by the end of 2021. after we hit the price target of around 400k i think that bitcoin will crash around 90% (the average bear market crash for bitcoin) these curves + channel say that the bottom of the bear market (2022-2024) is 55k. according to previous patterns we should be at 55k in june of 2024. the next price curve + channel target is at 2 million dollars! yup, 2 million! according to these curves price should hit 2 million at the end of 2026! after these cycles are complete. 1) i believe price will start forming different types of patterns. i think a possible huge dump that will liquidate all long term +short term positions 2) we would have a huge spike that will make us go above 100 million dollars.
BITSTAMP:BTCUSD
by r2d22010
7
#BTCUSDT 25% Pump Incoming, $48,950 on board?Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. Let's get to the chart. BTC broke out of the important resistance around 42k level and is now hitting the support level to retest and continue to the upside. IMHO BTC if stays and maintains the 21D MA Support which is around $38,220 a rally towards upper resistance levels is highly likely. RESISTANCE LEVELS:- $45,388 $48,950 Support levels : $40,300 $39,400 Conclusion:- BTC is likely to continue its uptrend, invalidation will be a daily close below $38200. What's your thought on this? Do hit the like button to show your support and do share this chart with your friends. Let's spread knowledge and help others to succeed. I'll keep this chart updated time to time. So do not forget to follow meif you haven't followed yet! Thanks for coming by. Stay safe #PEACE
Long
by Cryptorphic
9
#BTCUSD approaching Support Area , the potential a buy!#BTCUSD Price is trading in the demand zone and we got the price rejection and waiting for the any bullish candlestick formed once the price close the above channel its possible to moving next resistance level 40628 Why we like it: price trading in demand zone waiting for the bullish Candlestick Formation waiting for the channel breakout 1st Resistance: 40628 Next supply area & horizontal swing high resistance 2nd Resistance: 41170 Next supply area & horizontal swing high resistance 1st Support: 37300 Next demand area & horizontal swing low resistance
BITSTAMP:BTCUSDLong
by Skandhatrade
#BTCUSD approaching for 1HR demand area to potential to Buy!#BTCUSD Price is trading the demand Area DOJI candlestick formation and breakout the doji in 1hr timeframe it will go for the next level resistance 40628 Why we like it: Price Trading in 1HR demand area doji candlestick formation in 1hr timeframe Waiting for breakout the doji Expect to moving the next level resistance area 1st support: 38415 Next Zone area & horizontal swing Low support 1st Resistance 40628 Zone area & horizontal swing high resistance
BITSTAMP:BTCUSDLong
by Skandhatrade