Get started

Shortbtc

2022 is the next 2008 (but way worse)Last night (12/10/21) CPI data came out reporting a 6.8% increase. This is exactly what I had predicted as I've mentioned multiple times prior on other platforms. However, I am here to say that it is FAKE! In a couple of months the true CPI data of today will "unexpectly" show up. Markets will freak out and you will end up becoming a bag holder like 90% of retail does every recession. There is a reason why the ultra-wealthy are now monstly risk-off. For an example, Elon Musk, just a little over a year ago had said that he would never sell a single share of $TSLA, but in this past month he sold 10% of his entire equity in $TSLA Warren Buffet is now holding a record $128 Billion in cash Chamath pulled the rug on $SPCE, despite his insane shilling in prior months to years. The list goes on and on.. But you get the point. It is time to at the very least hedge your life savings you put into $SHIB and start re-allocating your assets. I am currently 10% short and 90% cash (previously 90% short from 20x shorting $BTC at the top at $69k and have since taken most profits/ de-risking myself - despite the likelyhood of a potrential crash/depression which I am personally expecting to occur). I don't have crystal ball nor am I saying this is a certainty. Actually no I take that back... This IS a certainty. May not happen tomorrow, next week, or even a couple months, but it will happen and you want to be ready when it does. Be prepared folks. Best of luck, Matt Park This post is not financial advice and is simply me putting out my opnions on the current state of the market. More details in regards to my opnions of the market is to come soon so stay tuned!
COINBASE:BTCUSDShort
by cryptothousandaire
Short On $BTCLong story short: Trendline broken->Bearish. Falling wedge broken->bearish. Fib level broken->Bearish. Currently looking at 1.618 around $44k. Even though we broke this price, we did not close a candle below this level, so still ok-ish. Looking for a structural retest of this Fib level, either we bounce or die. Two things that spin around in my head: Bull markets don't end in fear, they end in euphoria. A reason to remain bullish, as long as we don't see any escalation with Covid measures etc. On the other hand, this cycle seems to be different, we could really be entering a bear market due to exogenous events (Not really black swans), and for that reason we don't get to see a parabolic move. It's all a matter of market manipulation at this point I'm afraid.
Short
by koun_the_wolf
1
BEARISH MARKET CONFIRMED - WYCKOFF INVALIDATED I see some people viewing BTC on the hourly and four hourly chart of BTC as an accumulation phase of a Wyckoff pattern, but this is certainly not the case. Not only was the pattern invalidated. but the broader market globally will initiate a further crash of the crypto. This was actually quite obvious considering the Dow Jones, S & P 500, and NASDAQ all exhibited severe bearish indication to short the market. The only thing we need to wait for now is for the RSI and MACD to regain some strength to initiate another selloff. To make the most money, shorting an Altcoin or EV stock would be the best option.
BITSTAMP:BTCUSDShort
by Kousei-Mike
BTC is about to retraceThe last 4h closed candle is clearly a bearish sign, add this to a bearish DIV clearly visible on RSI, OBV, CCI and the picture is clear. Moreover VLPR shows there isn't much price action at this level, probably because we're very close to a psychological price (50k). I think the retracement should stop around VLPR's control line which is pretty close to 0.618 Fib level, a good one for a bounce back. However don't sleep on the 0.5 one, I'd short until 47.2K, an easy target with relative low risks. Off course the stop loss is mandatory whey you shorts, set your SL at 49.4k, I think it's decent deal with a Risk/reward ratio of 3 which is the minimum required. Good luck
Short
by Shotokhan
4
BTC Going On 20% Sale Again! See HOWA week end and month end is coming and btc doesnt seem to be quite bearish as we can see it is making a bearish penant and a head and shoulder inside not a good sign for obvious confluences for bearish are more than one we will be seeing btc in 30K range this weekend to anyone who want to buy should buy partially buy any good alt project or btc when the price touches 31-33K 50% and buy other below 31K that way we will be in a safer trade if you are in profit trade with stop losses on break even or profits I am against shorting and future trades NFA
Short
by mubarikzarkun