Crash!!!!!
US30 Market Crash Incoming soonI'm not a financial advisor and these are only my pure thoughts about what US30 will do soon.
This is my prediction for the US stock market crash that I think will happen in the next weeks to months this year.
Some people say this crash will be the biggest of all time, I think is possible. My estimation is a crash of a minimum of 25-30%.
The best chances are to happen in the mid of the year between july and September.
Usually in this range, people go on holiday, and buying habits change (more spending on transportation, local attractions, expensive food, etc) which can lead to imbalance that can lead to a market crash when added the actual fear of a market crash in calculations.
BTCUSD breakdown macro high - waiting for capitulationBTCUSD is a a pretty big danger zone as it drops towards the 2017 peak.
The resolve of Bitcoin maximalists and dip buyers is about to be tested.
So many say things like "Bitcoin bear market bottoms NEVER go below the previous cycle high!"..... never say never.
BTC will rise again, but it's hard to say how low it may end up going before a bottom is found. "Rules" from previous cycles/trends are about to be broken.
Bag holders from the 2017 peak may soon be in the red again which could lead to them throwing in the towel during the next capitulation event. Below 21k things can get ugly fast. The huge MicroStrategy fund may be forced to dump A LOT of BTC: fortune.com
The 100 month MA looks like it could easily be in play.
No Bearish Volume WEEKLYJust to check again, after this month's CPI report, I looked at the Weekly chart & there's STILL no Bearish Volume. Whales are accumulating HODLing & REMOVING coins from exchanges. If you DCA NOW might be your chance to get your stack however you do so, whether through a shopping app, exchange or P2P. Not FA, but if you ever want a whole Bitcoin now is your chance. Should you wait for lower? Perhaps if we've blasted through 28K support below 2020 levels we may see lower. Will you DCA at 20K? 15K? Or will you flee back to the safety of dinosaur dollars?
ETH BREAKDOWN. WHERE IS THE BOTTOM?!COINBASE:ETHUSD
ETH HAS JUST BROKEN BELOW THE 2018 TOP!
ETH broke down below 1200 and below the previous all tie high.
huge sell off going on across the entire market right now
please be careful trying to time the bottom of moves like this.
we have not seen price action like this on ETH...ever. just momentum of this move down was strong enough to break thru every resistance made during this current bull run
where does everyone think the bottom is ?
let me know your thoughts!
CRYPTO CRASH!! EMOTIONAL DAMAGE BINANCE:BTCUSDT
HUGE DUMP ALERT!!
Where is the bottom?!? lets take a look at the chart
bitcoin in the recent days has cut thru all previous supports and just like when we ran straight from 20k to 30k we are dumping straight from 30k to 20k
cant say where the exact bottom is in this kind of market. everyone please be careful trying to time this market and watch who to believe out there especially in the crypto space.
just looking at the chart it certainly looks like we are coming to test 20K. will it hold?!
looking across the market it certainly looks like some of these assets have more room on the downside.
let me know what your guys thoughts are>
Major downtrend in SPXAfter almost two years of market exuberance due to central banks' unconventional actions, the SPX has recently entered a major downtrend which has just started.
The index has just formed a top under a major resistance and its next target is the major support level around 3200.
The RSI Exhaustion confirms the same analysis, in fact, there's no evidence of divergence and the indicator is currently "bullish exhausted" meaning that a bull run from here is extremely unlikely.
Remember to do your analysis, be patient and always look for confirmation from the indicators.
AMAZON DOT COM CRASH PATTERN STILL ACTIVE ON BTC MUST SEE CHART.Take a look at this bearish scenario for BTC the dot com crash of 2000 the chart looks identical to btc right now, are we going to have 655 more days of a bearish BTC with a 91% market correction? This chart is food for thought yes there are many bullish scenarios out there right now. 95% of all coins are sh*t coins with next to zero chance of success this downtrend would in fact shake out all the rubbish coins and make the market much more relevant. Leave your thoughts in the comments hope you enjoyed my 5 minutes. SEE OUR PREVIOUS CHART IN LINKS FROM DEC21 when we first pointed this out. People say you cant compare stocks to crypto, well it has the same market sentiment the same format the same fear and greed I was a forex trader that moved over to crypto in 2016 and my TA is accurate across the board, feel free to look at my reputation and other posts before dissing the idea.
BTC - Wondering where it is going, the Elliott's shows youHello traders,
Crazy what happened with the market init?
Well well, we might see the end after the terrible week that is coming....
....Yeah right, the FOMC meeting on the 14th-15th of Junes is not going to please the markets investors...
It is therefore, why today I show you this plan, where we could see even more bearish moves for the BTC and fall to the price of:
25800 (again) for the 61,8% of extension of the WXY which started the 10th November
24000 it's 66,7%
You can check directly on the chart how I decided to sub-count the last downtrend from the 28th March, in a Triangle ABCDE waves
Wave Y extension where I think it could go until 66,7% at maximum
Wave E extension, for the 100% which resonate with the 66,7% zone
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BTW, I am selling a PDF , regrouping all the knowledge I have found on Elliott Waves , from the greatest analysts books, into a clear, simple and explicative way,
Contact me in private, or in comment if you don't have enough reputation point if you are interested
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Don't hesitate to comment and check my other ideas
BTC Smackdown event 2022 Bulls vs BearsThis is how I see the rest of 2022 playing out. I see next week, last week in June hitting bottom for BTC to about 23K and then flat for a few days before aggressively bouncing as Fireworks go off! July and August will be big rally months for BTC up to 44K or 45K but then economic collapse of stocks and food shortage warnings will hit the world. This will send all stocks and crypto crashing down on or around Sept 2nd we will see this news coming out. Most of us see this anyways. Also with shortage in food, water and gas hitting hard at the start of 2024 as distribution centers report they can not keep up with demand to fill stores because they don't have the supply coming in. Nov and Dec we will see more on TV and News papers about this threat, and right after Christmas it will hit as we ring in the new year. This will be like the the great depression of 1929-39 In fact you can say it started with covid so that puts us almost 3 years in to it, and it will get very bad. The escalation of the UN and allied forces moving closer to Poland and Ukraine is also alarming as Russia basically signs it's demise and fall. So I think this will make Crypto and stocks fall faster then most think. Fear will sell, smart will buy the bottom. Because BTC has a Max number of minted coin, we know it will and has to go up. But here is another thought. What if the NATO starts trading in BTC and stops using USD. Or USD turns crypto and Fiat money is wiped out an attempt to bring the world together economically, to help isolate all communist (Russia China) . War is a booster for sure and ending the USD as the world currency by turning it crypto might keep America the world leader and secure freedom for all NATO. Just thinking outside the box because I believe it will shape how crypto gets excepted as the only funds available as FIAT is abolished. If not a lot of Country's including the US will have to pay back China, and that will never happen IMO. Good luck, stay safe, stock up for a year and never take anything anyone says as financial advice unless you are paying them to do so and never invest or trade more than you can afford to lose.
Euro crash?Euro/usd is heading to .80 or lower massive topping pattern on the monthly. With the fed raising interest rates to hedge inflation we will go into a deflationary time in stocks and the US dollar will inflate to $120+ driving the euro down. Plus shorting euro/usd you will be paid a premium daily.
Everyone Zoom Out! BTC is in an active bull flagI zoomed out 6 months and I've been noticing these two large bull flags that have been forming since as far back as the chart goes back (2014/2015).
If the pattern plays out, then bull flag 1 is currently active and bull flag 2 is waiting to breakout. The two bull flags create a very high target zone (200K +).
If bull flag 2 breaks down, then we have the top of bull flag 1 to be support. We could also just wick down (scare the crap out of everyone) and then close above the bottom of bull flag 2.
I have no idea how this is going to play out. However...
1 We are in an uptrend. The trend is your friend until the end
2 There are two large bull flag patterns (one is active)
3 We are at the support of bull flag 2
4 A retrace to the top of bull flag 1 would be normal market behavior and would be going to test the breakout of a former resistance area (even though it will scare the crap out of everyone and people will say BTC is going to zero).
What do you think?
it can continue like this for a whilebefore Chia could be traded, just a few weeks after the mainnet went live, people where absolute overhyped for no reasons. Thats why the price was way overrated at the features market. I told people that I would expect 20 USD. IMO there is one thing people get wrong with crypto networks again and again. They think that if the network has a big hashrate, or the hasrate rises, that the price will also rise automaticaly. But that's not true. It is mostly the opposite: If the price rises, then the hasrate will rise if it gets profitable for new miners/farmers annd existing miners/farmers to sell coins and reinvest. The demand of a coin and the supply is the only thing wich realy influences the price.
The potential tradeable supply is 3363840 after 1st year. 6727680 after year two (Q1 2023) and 10091520 after year three. The market cap was ~200M for the most of the time the first year. That resulted in a Price of ~ 59 USD after the first year. The market cap was stable in comparison to other coins (but that can change fur sure). If this will stay arround that 200M the price will go down to ~29 USD in Q1 2023 and ~ 19 USD in Q1 2024.
This is not a scientific calculation. Just over the thumb. The markets change, demands and tradeable supply change. (IMO there is also a decrease in supply and demand at the moment)
What I expect:
1. The price falling more. I expect the bottom ~ 5 to 15 USD
2. Decreasing network size of the next year or two
3. A tech market crash within the next two years
What I think is possible:
1. a FOMO bullrun before the crash with up to 10x from current price
2. Market cap could fall below 100M
What Chia needs:
1. Network kept stable
2. Network size to not fall too low
3. Features and -> Adoption
4. Better software and app (IMO it is still unbelivable that it is based on Python)
5. Get into the sustainability discussion as a compromise between decentralised PoW and more centralaised and unsave PoS
6. Sustainable not hyping marketing -> Adoption
Then it can break out of the top and price will rise over time.
Just my 5 Cents
My last chart of BitcoinTrying to make more clearer picture for people to wake up and see the situation from the other side. The psychology of people is the best indicator for markets like crypto. "Culture" of crypto, hype, FOMO for all crypto communities will slowly die because fame doesn't hold long at the top. BTFD worked for some time because every time at some point it will go up, yes? HODL because it will go up and you will still double your money? The job was done and they got a lot of retailers at the top. Yes, at the top. 50k BTC isn't cheap, 40k isn't cheap, 30k isn't cheap. Everybody buys because of FOMO. Cheap is when nobody wants it.
On 3 January 2009 Bitcoin was created, 13 year anniversary going to be. Bitcoin is still young. The 13 number is the worst number in the stock market and I expect to be in crypto. The cycle has to end at some point before it starts the new one.
The stock market 13 year cycles:
2020 - 2007 = 13
2000 - 1987 = 13
1987 - 1974 = 13
Other stock market corrections and crashes which I didn't mention in this, lead to other cycles.
Chart: BTC touched second time in this year Weekly 50MA and every time this happens it leads to 55-70% correction and every time touches Weekly 200MA it leads to another bull market but not going to happen this time I believe.
RSI is exactly at the same level as before other corrections started.
If you are only aware of seeing Bitcoin 100k, you don't need to worry about this post, please keep yourself the nonsense comments.
It's only my view and opinion
GOOD LUCK