BTCUSD - Bearish Target 40kBig move in Bitcoin today. Some rumors (could be fake) that US regulators will not approve Bitcoin ETF. While the rumor remains, my bearish sentiment target is 40k
Sellbtc
BTC selloff to 38k-35.5k for Q1 JANUARY 2024With the Top for 2023 confirmed we can begin to dump.
$44.7k is TOP for CRYPTOCAP:BTC 2023.
We opened 2023 at 16K levels so we are bound for a retrace in Q1 2024.
(34K is 61.8 level on fib retracement for 2023)
BlackRocks Bitcoin ETF will seek approval by January 10, 2024.
With BR injecting their footprint into bitcoin i anticipate a drop to retest sub 40k region to 38.6k being TOP of box and 37.5k being BOTTOM of box.
It could continue down to 35.8k as alot of supply lies at this area.
Today provided the first drop in the sequence.
Once we break 40K it should nose dive.
Entry at 41.8K
SL: 43K flat
1:3 Risk:Reward ratio
**The large move is to 29k levels but it will not be fluid**
This is my personal thesis and not financial advice.
Doji, Hammer, Pinbar and 7 Divergences ; Right after anotherSeems like there is a short-term dump incoming;
Weekly timeframe RSI divergence made exactly
under the '"May 2022"' resistance and the 0.5% Fib level ,
And there is 3 confirmative candles. Pinbar candle had made last week ,
a Hammer and a Doji candle had made 2 and 3 weeks ago.
If we make a daily candle closed under 30K ,
28K would be the next major support for BTC ,Even 25K after that . (my opinion)
Also all of the 3day ,daily ,12H ,8h ,6H ,even 4H had made RSI divergence.
I'm Bearish on BTC
TEMPORARY Bearish BTC scenarioI am short on BTC, targets at 25k. we broke out of the recent bullish momentum and we are rejecting a strong liquidity zone.
Range Bound View On BTC BITCOIN BUY ABOVE 28060 CONFIRMATION WITH 15MIN CANDLE CLOSES @28060
SELL BELOW 27780 CONFIRMATION WITH 15MIN CANDLE CLOSES BELOW @27780
DISCLAIMER :-
Iam Not A Registered Analyst
If You Take Any Position Consultant Your Financial Advisor
SHORT TO END LEGWith to breakeven last leg by pollback to trendline-short , waitig for sell position
SHORTING BTC !Shorting btc because this is a bear market rally and there is a lot of more room to the downside
BTCUSD ShortHey traders, in today's trading session we are monitoring BTCUSD for a selling opportunity around 20600 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Will Bitcoin Fall?Hey traders, in today's trading session we are monitoring BTCUSDT for a selling opportunity around 21400 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
BTC SHORT UNTIL 18452BTC SHORT UNTIL 18452.
I suspect lower afterwards but for now this is the target: 18452
SL:19590
TARGET: 18452
BTC heading to 27k?Hey traders, in today's trading session we are monitoring BTC for a selling opportunity around 27k zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Selling Bitcoin now based on M15 weakness BTC is in a downtrend.
We see a double top in M15 but no harmonic pattern. If this trade fails, we are going to sell again around 39,600.
This is our first BTC trade that we are executing so wish us luck!
API3 is a GOI would want to miss this launchpad move nice uptrend in the works here and a tiny bit of bitcoins value is unloading into this project this could 10x by the end of the year
BTCUSD . sell positionBitcoin usd in sell position now . will break the blue trend line and go down until the support .
BTCUSDim thinking more of a corrective pullback on Bitcoin however extended and might retest 25k before any buying opportunity might show up.
looking to sell 43-43k if retested. analysis based only on technicals
Short BTC/USD to 32932 ideaShort from: 37626.95
SL: 38991
Target: 32932
Expecting to go low after but I will see how it reacts to that price first
BTCUSD ShortHey traders, in this week we are monitoring BTCUSDT for a selling opportunity around 39k zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
BTC can recive to 57K then Dump!!! know BTC ready to move to recive 57K and after recive will dump to 35K even lesser than 35K, be careful!!! Sell BTC befor 56K!!!!
BITCOIN ROAD TO 30KWeekly perspective show us a magnetic urgency to make a wick at 30k. VPFR show us a massive volume of buyers and sellers at 10K. Lets not discard the possibility of a new bear market that will last a minimum of one year before another bull explosion.
To pump or not to pump BTC this weekend?There is an idea that BTC still needs to have a correction.
We saw good manipulative pumps few holidays.
We saw a good attempt to move BTC higher again.
But now we see that small investor is still is not ready to pull the price higher.
Not now. And it doesn't depend on good news.
Just not enough minerals (LOL).
You can buy or you can sell shortly, but in common BTC still needs to have a correction (refuel).
P.S. - we are still in a SHORT deal, expecting BTC finally to go down.
