BITCOIN BTCUSD, Watchout the channel lines!BITCOIN ABC correction is about to be finished. We have to see the nature of the upswing before becoming bullish again...
Wave counts will be adjusted accordingly
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Cryptowinter
ETH/BTC looking bearishHow many times can we poke support of this upward channel until we collapse a leg lower? There's a head and shoulder within this channel as well. I think the crypto market is becoming irrational. While the DXY has hit some resistance, why would the dollar continue to lose value in the macro picture if the fed is taking drastic monetary measures to reduce inflation? Unless we decouple entirely from the rest of the market's risk-on assets, I don't see the bull run back on. I keep seeing "altcoin rally" on Twitter , and I believe this is a result of confirmation bias and allowing emotion to take precedence in how we analyze the market. I'm currently laddering in buy orders on BTC , because I plan to hold onto BTC indefinitely. I think it's entirely irrational to start speculating on alts in the short term right now though. I personally wouldn't put in any orders until we have a confirmation of a reversal on the larger time frames.
CRYPTO WINTER ??? #BITCOINAccording to my analysis, most likely bitcoin and altcoins have entered the crypto winter phase. crypto winter can be defined as a period in which the prices of all cryptocurrencies drop drastically below the normal bullish trend values. Generally, during the winter period the market as a whole collapses and will not recover for a long period of time.
So bitcoin will have a hard time breaking through the $50k-$55k area in the next few months or even a year, and maybe it can be broken when BITCOIN HALVING 2024. In my opinion, the bitcoin halving will start in early March 2024 and last until January 2025, with an early sign of btc past $55k-$60k.
Can crypto winter end quickly???? CAN, AS long as BITCOIN is able to break through $53,000 (AREA CONFIRMATION) in the next few weeks, and stay above $50k. But it must be very difficult, because considering the high level of world inflation, the results of THE FED meeting at the FOMC which will continue to raise interest rates up to 100 bps, the issue of world war 3, rising world oil prices (OIL) which is used as an inflation hedge asset, and extreme fear. on volatility assets.
So my advice, you should do 3 things:
1. do a small accumulation on BITCOIN or ETHEREUM every month until bitcoin halving 2024 using cold money.
2. Make quick trades with a profit target of 1-2% on a regular basis with sufficient capital.
3. And if there is a coin/token asset that you have saved and you have lost more than 50%, you should sell it but pair it to btc / eth / bnb. because the price of altcoins can drop even more in the future.
The choice is yours, thank you.
When and What Price Bitcoin is a BuyThose that follow my Tradingview here know my thesis has been consistent: In the Fall of last year I warned my followers that the cryptocurrency market was dangerously topping out and failing to break higher. Now I am operating under the thesis that we are in yet another (the 5th) crypto winter and more downside is to come. In this video I dispell many of the bullish narratives and use history to chart when and where Bitcoin for me is a buy. A lot of feathers are going to be ruffled but as a contrarian... my positions are helped most when "everyone" disagrees.
Did we just bearishly flag on Bitcoin ?If we just saw a major bearflag in bitcoin, and this measured move plays out, the world will turn into a crazy bitcoin is worth 12k place...
88% retraces in bear markets are nothing out of the order for bitcoin, and both the .886 and the measured move point to 12k,
and looking left, you couldn't even say, that 12k doesn't make sense, that was the one big resistance, BTC topped out there once in 2020 before we went berserk in crypto space.
Let's hope TA is wrong here :D
Bitcoin targeting $15,000 after peaking in the next few months?I am about 90% convinced that the stock market will peak and so will bitcoin between now and APRIL/MAY then we see alt coins go crazy and then we will more than likely see the bear market confirm around AUG of this year in both stocks and crypto.
Lots of confluence and technical analysis pointing to this happening using the dot com bubble bursting fractal and also a previous fractal from bitcoins 2018 bear market. I believe SPY will be targeting 250 into the first quarter of 2023. I believe Bitcoin will be testing the 15K area by that time as well. We should have some time to prepare our portfolios over the next couple of months. I will be planning to add to my longer term SPY short once we get closer to 450s. I am being extremely selective with my long positions these days and I am also 110% hedging those positions. Now is the time to start making a plan if you do not already have one:
Sell-Off Continues Target Mapped!The trendline was broken through decisively. Now the selling pressure continues and I've mapped on the chart the next support zone shown in the turquoise horizontal line. that will be a nice area to add to your position and anticipate a bounce. If that area fails, we can expect AVAX to drop to around $35 and worst case $15.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
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This is not financial advice. This is for educational purposes only.
2 Years UP 2 Years Down!?Do you believe we are now in a bear market? If so, Where are we heading to? This chart looks very dangerous to me and I hope everyone's developing a strategy to secure their bags in case we see a move to the lower 20ks or even the 10k-15k range. Anything is possible in this volatile market. I'm curious to hear the communities thoughts.
Don't trade with what you're not willing to lose. Safe Trading, Calculate Your Risk/Reward & Collect!
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
Bearish projection - the end of an era BTC just going over some indicators and looking at all the obvious signs we were heading into a crypto ice age. For one look at the momentum and volume into the 2nd half of 2021. There was an obvious downturn for the past 6-7 months and the selling volume was much heavier than before. I added an outline to the squeeze momentum indicator of what I think the current momentum wave will look like in a few months.
BITCOIN 24-27K CRASH ?There is constant bearish pressure on Bitcoin, any bullish candle is weak and dips are still very severe.
EMA200 supports the price at 25K.
Bitcoin dominance is 42% and imo it needs atleast 50% to continue it's journey to 100K so crash is very likely with the things that are happening in economy / world right now.
However BTC price is now between ema50 & ema200 and by the past price action it's the best time to accumulate more BTC !
Bitcoin cycles are not what they used to be before 2018.
Now they last longer and are long lasting accumulations before the next parabolic move is on the way.
Crypto winter!? coming soon?In Price Action, when a resistance and support area is tested more than four times, it will most likely break because that area has been weakened by previous collisions.
In my opinion, if Bitcoin crosses the $ 30,000 support level and enters the $ 20,000 channel, we will enter the winter market and fluctuate between $ 20,000 and $ 30,000 for a relatively long time.
But after this winter, bitcoin will move upwards with strength and we will see an attractive bull market.
Dora went on her favorite trip in her favorite rocket ship!!!Hey Guys!! So Dora decided to double up this last day and I feel Like its still very buulish.
I trade the futures so Whatever way it rolls im rolling with it, but Have to say looking very bullish right now!!
2 Hour Chart
Happy Trading!!
BTC bitcoin analysisaccording to today's drop, we can drop more to receive the monthly FTC area.
Bitcoin can go upper level from this area but my decision for new ATH related that bitcoin will comeback from which price.
If the price drop under 37300$ price we can see crypto winter but if not accord we can come back to upper levels and also new ATH.
This analysis will be upgrading 3 days later.
#BTCUSD #BITCOIN #BTC #BITCOIN_ANALYSIS
Bitcoin Retest 36.5k AreaSince we saw a lot of consolidation around this range (black rectangle), I think we will see a retest of this area 36.5k-ish as a retest before btc decides to go up or down further. A drop to 34.1 is also quite possible due to the high volume node there with the VPVR.
Most indicators are still showing overbought, and volume is still declining.
But it is btc, so who knows in the end.
Bitcoin confirms cryptowinter pattern, spring to followThe much hyped consolidation period in late October has proved a furphy as the bears came out to play. Bitcoin continues to grind incessantly lower and is running exactly to schedule to follow the 2014 cryptowinter. On the upside, the halvening is looming in May 2020 and will start to make its effect known in late 2019. Until then, we have an ursine playground. For newcomers to Bitcoin, the first half of 2019 will be their opportunity to claim their stake. Grizzled veterans will spend the time buying back the coins they sold in January 2018.