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Bitcoin - What The next - Dump or Pump - BTC?Hi guys. Well, I'm back on this platform. I decided to return to duty, because there are those who need it. I'll start with the main thing. My main forecast from 59,000 to 29,000 worked 100% You can see this in my twitter account. What can I say now, probably something - that there is no need to rush to buy every rollback now. Because, there are so many factors that indicate a decline below 24,000. I do not want to scare anyone, this is just my opinion and nothing more. Personally, if I were you, I would go to rest. Because now the price is stuck in a big channel. Accumulation or distribution - no one will tell you 100%. But to buy every price rollback, you will forgive me, is stupid. It is foolish to work against the trend. I expect an ascending channel reaching about 37-38 thousand, any decline pattern and continued decline. There is a second option - if the price is a true breakout, remains below 29800 - look for a short for yourself. Because we will have amirrored level (where the price went up without stopping - it will be the same, only with a decrease) What I am inclined to at this time is to mark 34850 from there I work in shores up to the level of 29,000. If this level passes, and the price has been trading there for more than 6 hours, it is definitely long up to 38,000. Until then, shorts, bears and honey
Short
by CryptoJaegerB
2
Very time sensitive data about current Bitcoin Dump!(In Persian)BITSTAMP:BTCUSD BINANCE:BTCUSDT Hi ,In this video I discuss about the current Dump , potential moves of the price in immediate short-term , symmetrical Triangle Breakout and Wyckoff's accumulation pattern in action. For more reference check my other videos about this Wyckoff's accumulation pattern : If you found this video helpful like and leave your opinion about the current situation in a comment and follow me for more!! tnx🤞
BITSTAMP:BTCUSDLong
by arshia3h
GNUSvolume has been going down until we had that little bottom with a "spike" in volume. after that, consolidation took place, BUT then more volume come in AND we had +4% and +9% in twno days. we have now broken the previous resistance, and WITH A SPIKE IN VOLUME. guys, if volume starts to come once again, that can easily go to 4 USD (+100% from now). I know, the volume is not much, but having a SPIKE in volume today who breaks the resistance, is definitely interesting. if volume starts falling and the price seems going nowhere, will not be a good sight tho. pls remember to use STOP LOSS.
GLong
by camelot0707
1
$EGLX can fall in the next daysContextual immersion trading strategy idea. Enthusiast Gaming Holdings Inc. engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally. The demand for shares of the company looks lower than the supply. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $6.35; stop-loss — $7.27. Information about take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision. Always do your own analysis before making deals. When you use any materials, do not rely on blind trust. You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy. If you like my content, you can subscribe to the news and receive my fresh ideas. Thanks for being with me!
EShort
by KozakHlib
BTC: ANOTHER RETRACE COMING? (BEARISH IDEAS)While we have been getting some recent relief on lower timeframes, bearish ideas still outweigh the bullish, unless BTC manages to break and hold above 40k. The simplest and most significant indicator for further downside is that volume has gone down during this recent recovery. On chain analysis shows that as of a few days ago, long term hodlers have been accumulating, but whales were still selling. Consistent sell orders have driven the price steadily downwards towards more attractive entry points as they try to get as many retail traders to capitulate as possible. Perhaps the decrease in volume on this recent rally suggests that the whales are giving retail a hit of hopium before they crush our dreams of a swift recovery & takeoff to 70k & beyond. This is speculation, but it would not surprise me if BTC dumps promptly after breaking 40k and a bunch of buyers fomo in. I'm not going to try to call the bottom. Short term, Obviously 35k and 30k are in the cards. Below that, look to 27k. Perhaps the most bullish outcome would be for BTC to simply range between 30k & 40k for a month, which would make for a great alt season in June! To be honest, I wouldn't mind another BTC retrace so I can scale back into BTC and ETH at better prices. Right now I'm ~60% in Tether & focusing on short term scalp trades until the bulls show up for real. happy trades, CD
Short
by cryptodonovan
1
BTC, Bitcoin there are two scenarios!Bitcoin There are two scenarios! Here is a Technical analysis on Bitcoin 1h Chart long view to show you the market situation and the local and major support and resistance zones that you should attention to them and any break out will show you the direction and next market trend that can help you to make a right decision. Should mentioned any break out on Bitcoin as a market leader will effect on the Altcoins price movement. Please Like, write a comment to let me know your idea or opinion, and share with others! Follow me on twitter: twitter.com
BITSTAMP:BTCUSD
by Insights360
2
Why is the Bitcoin correction necessary? - NOT ANALYSISThis post is here to help you learn more about corrections: It all started with GameStop (GME), then Elon Musk thought it was a cool thing to manipulate the market just because you sell cars and have too many followers on Twitter. But then the great damage was done by China. As we talked about this before, the new regulations in China about bitcoin caused a massive drop, but it wasn't a bad thing! We needed this correction... in fact, we even need MORE! That's right, the price MUST touch the $19K and then the $13K area if the market wants to play safe. All trading markets need the touch-back and the consolidation before making better and stronger moves (pumps) I know too many of you fellow traders might be a "bull" and hate what I'm explaining here, but that doesn't make you right. We might even see a good pump again any day now (as the indicators are showing us), but it would be great if the market corrects itself to the lower $20K channels. You see, right after the drop started, the volume on Bitcoin began to come down the bubble people built for it. Right now Bitcoin is STILL not oversold; Meaning we need more corrections for a stable market. Remember: for a higher high, a complete correction is needed. Corrections are not bear markets. They typically last for three months whereas market crashes can linger indefinitely. Every bull market needs a correction.
by ShawnMCR
7