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Short-btc

BTC IS GOING TO TANK!! SELL OFF COMING!Fullly aware that crypto market is in the dirt right now. Common sense is that even with a larger 1 trillion market cap price is still falling. which means all previous price data is inaccurate representation of its true value. aka a bubble. this leads to new price discovery around the 10k mark. when price gets below 15k we will see a massive pull out of retail traders allowing institutions to come in with regulatory changes. If in fact this prediction is correct, this will be a continuation of a bear market. Expect news of china and Russia continuing war efforts against Taiwan and Ukraine. The true value of bitcoin is probably around 4 to 5k. I expect to see btc being worth 9k this year. I personally dont think the community in crypto is as smart as think. that being said, despite my btc price prediction. I think that the us stock market is going to go up higher. Typically they have been correlated to a high degree but i dont think now that that will be the case going forward. But I will be taking shorts on the stock market as well to make sure I am balanced in case of a sell off. Side Note::: If btc breaks above 25k this week I will have to change my mind. I see 25k as a huge psychological level. as we went from 27k to 21k in a matter of days previously. and Have not returned to 27k in over months. happy trading. I have posted a video about this long term trend on my channel! Take care!
BITSTAMP:BTCUSDShort
by LiveTradingHouse
₿ Bitcoin Moment Before Fall ₿₿ Bitcoin Moment Before Fall ₿ Nearest strong support zone: around the 0.236 level of the upward wave. ₿ Nearest strong resistance zone: around recent highs. ₿ Technical environment: - Moving averages: Uptrend - MACD: Downtrend - RSI: Uptrend ₿ Price action: Bitcoin over the past few days has no desire to continue the uptrend, exactly as I wrote in the last post, it started forming a flag formation. The only thing I can expect from such a formation at this point (after such a strong breakout) is an imminent downward crash. The closest target is the fibo level of 0.236 of the upward wave. ₿ The scenario I'm playing out is a breakout from the flag formation to the bottom. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully. ₿ Please do not suggest the path I have outlined with lines it is only a hypothetical scenario. 🚀 If you appreciate my work and effort put into this post then I encourage you to leave a like and give a follow on my profile. 🚀
Short
by InvestMate
2
Doomsday.Here on the daily chart, we have a rather rare signal. A daily WAVE PM cross, with the CCI pointing bearish. Here is the previous instance, November 2018, where this signal fired. This resulted in a 50% drawdown. We'll know pretty quickly if this scenario is playing out, where if price can recover above the 1900s in the next few days price should hold as an easy opportunity to stop out. If not, expect freefall for the next several weeks. This is an incredibly reliable signal on the daily chart. It happens only one or two times a year and has resulted in a percentile move in the double digits every single time. We'll need a close beneath 17500 today for confirmation.
COINBASE:BTCUSDShort
by DadShark
3
Research: As the merge approaches, on-chain data suggests ETH usShare Xeggex According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. Coins held by Ethereum investors are maturing to showcase a higher number of HODLers unwilling to sell. Within the Ethereum ecosystem, just under 60% of investors have held for more than one year, compared with Bitcoin, which has 80% of HODLers holding for the same period of time. However, we are now seeing 7-year holders (dark blue) of Ethereum start to increase. From July 28, the first 7-year holders began to show and now hold over 2% of the supply. Ethereum: HODL Waves (Source: Glassnode) Ethereum: HODL Waves (Source: Glassnode) Given that Ethereum mined its first block in July 2015, coins that haven’t moved in 7-years are likely genesis coins that have never moved. As time goes on, it is expected that the 7-year HODLers will continue to grow as HODLers who entered the Ethereum ecosystem during the 2017 bull run start to emerge. Unlike Bitcoin, Ethereum is not often referred to as a store of value. However, on-chain data suggests that 2% of Ethereum holders believe it could be. Depending on the activity of the network, Ethereum may also be deflationary after The Merge, which adds credence to this theory
BITSTAMP:ETHUSDShort
by Tayyab1211
SHOUT OUT TO CRYPTO SAVY! AMAZON CRASH PATTERN IN BTC!I think there is a possibility that CRYPTO SAVY might nail it with his AMAZON / BTC comparison that he called out on December 2nd 2021. Looks like it's playing out perfectly so far. I'll just add the EW count that i think this crash will be to SAVY's analysis. I think we are in a "WXYXZ" complex correction (as shown in the chart). I also think we will drop under the 2018 BTC low and bottom somewhere between 1.3k to 2.8k. Let's see what happens....
BITSTAMP:BTCUSDShort
by DesertAnt_
2