Get started
3X Short Bitcoin Token3X Short Bitcoin Token3X Short Bitcoin Token
DelistedDelistedDelisted

3X Short Bitcoin Token

No trades
See on Supercharts
Overview News
Ideas
Discussions Markets

BEARUSD trade ideas

Bitcoin Eyes a Return to 102,767 Bullish Momentum BuildsBitcoin is showing strong bullish momentum, forming a clear "W" pattern. After reclaiming the 96,847.70 level, it’s making its way back to retest the previous high of 102,767.35. This high, which was previously a key resistance, came after Bitcoin broke above the 100k psychological level. With the current structure, it looks like Bitcoin is gearing up for a move back to the high, and potentially beyond. Momentum is building watch closely!
GEMINI:BTCUSDLong
by CryptocurrencyWatchGroup
2025-01-14 - priceactiontds - daily update - bitcoinGood Evening and I hope you are well. comment: Market is in balance around 94k. Bulls want to test the bear trend line and bears want to get below 94000 to test 90000 again. Market is contracting so don’t make this more complicated as it years. Trade near the extremes and not too much in the middle. current market cycle: trading range key levels: 90000 - 101000 bull case: Bulls had their second leg up but it was weak and market then went sideways below 97k. They need a break above 97400 for more upside and their next obvious target is the big bear trend line, which probably not many expect to be broken on the next hit. They are still trading above the 1h ema, so they are in control and favored for more upside until we trade below it again. Invalidation is below 89000. bear case: Bears need to close a 1h bar below the ema to turn the market neutral again. If they can make 98000 resistance, it would show strength and I don’t think many bulls will hold on to longs if we can’t make it to 100k tomorrow/Thursday. Otherwise bears do not have much on the higher time frames since Monday was so bullish. I expect more bears to come around closer to 100k. Always ask yourself if you had to have a position right now, which side would it be and where would your stop be? Being a bear here is hard because your stop would have to be 103k and that’s 6k points. 1:1 r:r would need to hit 91k. Really not an ideal trade. Invalidation is above 101000. short term: Neutral 94k - 98k. Bulls are in control as long as we are above 94000. We are in an expanding triangle inside a bigger contracting triangle. Market is in breakout mode and we will probably see a breakout later this week or next. medium-long term: 75000 is my biggest target for now and until bears get there, any lower target is just unreasonable. My bias is bearish going into 2025 and I think the odds of a bigger leg down are good. current swing trade: Want to see market closer to the big bear trend line and then more selling pressure before new shorts. trade of the day: Long since EU open was decent or any short near 9700 since market found no buyers above it. The long on EU open was because of strong momentum and a second leg up was expected after Yesterday’s very bullish price action. The 1h 20ema has not been touched at that point, which added to the strength of the bulls.
CRYPTO:BTCUSD
by priceactiontds
My Analysis 1. Market Structure: The chart clearly highlights a Resistance Zone at 97,301 and a Support Zone at 90,796. The current price is fluctuating between these two key levels, indicating a range-bound market. 2. Resistance: The 97,301 level acts as a strong resistance zone. If the price fails to break this level, it presents an opportunity for a sell position. In the case of a breakout, the price could move higher, but confirmation is essential. 3. Support: The 90,796 level is a strong support zone where the price is likely to halt or reverse. If this zone breaks, the price could drop further toward 89,000 or lower. 4. Potential Price Movement: The zig-zag lines on the chart depict a classic retracement and consolidation pattern. The current market structure suggests that the price might retest the resistance and potentially move downward. A break below 94,077.6 could lead the price gradually toward 90,796. 5. Trading Strategy: Sell at Resistance: If the price tests and rejects the resistance level, a sell entry can be taken. Place the stop-loss slightly above the resistance. Buy at Support: If the price reaches the support level and shows strong reversal signals, consider a buy entry. Place the stop-loss slightly below the support. 6. Risk Management: Do not risk more than 1-2% of your capital on a single trade. Wait for breakouts and confirmatory signals before entering a trade. This professional approach ensures better decision-making and minimizes unnecessary risks.
BITSTAMP:BTCUSD
by Olivia-Grace
WARNING: BTC USDT MOVE! US SELLS THEIR BTC (silk road BTC)💰 Current Bitcoin Price: Bitcoin is trading at approximately $93,456.76, with a 7-day decline of 3.54%. 📊 Macroeconomic Factors: Strong US economic data and inflation concerns have negatively impacted Bitcoin as the Federal Reserve moderates interest rate cuts. 💵 Global Liquidity: Bitcoin’s price is pressured by contractions in the M2 money supply, though historical trends show potential for recovery with increased liquidity. 😟 Market Sentiment: The Greed & Fear Index has shifted from extreme fear to cautious optimism, reflecting mixed investor confidence. 🪙 Investor Behavior: Exchange withdrawals are reducing supply, while profit-taking activities have influenced recent price corrections. 📉 Historical Patterns: January slumps are common for Bitcoin following US presidential elections, aligning with historical trends. 🚀 Future Outlook: Institutional interest and potential increases in global liquidity could drive Bitcoin’s price recovery and stability in early 2025. STUDY TIME! PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes, as heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC, reflecting the buying by these large interests. AR—automatic rally, which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR. ST—secondary test, in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC. It is common to have multiple STs after a SC. Test—Large operators always test the market for supply throughout a TR (e.g., STs and springs) and at key points during a price advance. If considerable supply emerges on a test, the market is often not ready to be marked up. A spring is often followed by one or more tests; a successful test (indicating that further price increases will follow) typically makes a higher low on lesser volume. SOS—sign of strength, a price advance on increasing spread and relatively higher volume. Often a SOS takes place after a spring, validating the analyst’s interpretation of that prior action. LPS—last point of support, the low point of a reaction or pullback after a SOS. Backing up to an LPS means a pullback to support that was formerly resistance, on diminished spread and volume. On some charts, there may be more than one LPS, despite the ostensibly singular precision of this term. BU—”back-up”. This term is short hand for a colorful metaphor coined by Robert Evans, one of the leading teachers of the Wyckoff method from the 1930s to the 1960s. Evans analogized the SOS to a “jump across the creek” of price resistance, and the “back up to the creek” represented both short-term profit-taking and a test for additional supply around the area of resistance. A back-up is a common structural element preceding a more substantial price mark-up, and can take on a variety of forms, including a simple pullback or a new TR at a higher level. Note: Springs or shakeouts usually occur late within a TR and allow the stock’s dominant players to make a definitive test of available supply before a markup campaign unfolds. A “spring” takes price below the low of the TR and then reverses to close within the TR; this action allows large interests to mislead the public about the future trend direction and to acquire additional shares at bargain prices. A terminal shakeout at the end of an accumulation TR is like a spring on steroids. Shakeouts may also occur once a price advance has started, with rapid downward movement intended to induce retail traders and investors in long positions to sell their shares to large operators. However, springs and terminal shakeouts are not required elements: Accumulation Schematic 1 depicts a spring, while Accumulation Schematic 2 shows a TR without a spring.
COINBASE:BTCUSDShort
by osodatsismoso
BTC's Beautiful Daily CandleBitcoin's daily chart provides a fascinating look at price action, highlighted by yesterday's epic candle. The candle is a classic dragonfly doji, characterized by a long lower wick and a green close near the high of the day, signifying a strong rejection of lower prices and a battle won by the bulls. This candle formed after testing the key support zone around $88,800-$90,600 and indicates heavy buyer interest in this area. We need to see follow through and a green candle today. The price action today, however solid, is showing hesitation, with Bitcoin facing rejection at the 50-day moving average (now at $97,300). This level has been a key dynamic resistance since it was lost earlier in January, and regaining it would be a critical step for bullish momentum to build. The RSI has started to curl upward but remains neutral, leaving room for further movement in either direction. Yesterday's volume surge was impressive, showing that market participants are actively defending the support zone, but today's volume so far is lighter, which could indicate caution or consolidation before the next move. From an alternative perspective, the potential head-and-shoulders pattern still looms, with the neckline around $91,300. For now, the strong support and bullish candle suggest a temporary reprieve, but Bitcoin will need a clean break above the 50 MA and $99,860 resistance to invalidate bearish structures and open the path toward $106,099. Keeping an eye on RSI divergences or volume spikes at these levels could provide clues for the next move. For now, my fake out below the neckline theory is playing out.
COINBASE:BTCUSD
by ScottMelker
BTC Bollinger BandsThe Bitcoin daily chart with Bollinger Bands reveals important insights about current market behavior and potential future moves. Yesterday's dragonfly doji, combined with the lower Bollinger Band acting as support, suggests a strong rejection of lower prices. The long lower wick indicates heavy buying interest, aligning with the zone near $88,800–$90,600, which has been a key demand area. Bitcoin's price is currently pushing back toward the middle Bollinger Band, which aligns closely with the 20-day moving average at approximately $95,582. This level is often considered a pivot point between bullish and bearish trends. A clean close above this middle band could signal strength and potentially open the door for a retest of the upper band, currently near $100,160. On the other hand, rejection at the middle band would imply consolidation or further downside, with the lower band near $91,003 likely to act as support again. The bands themselves have started to widen slightly, which could indicate increased volatility in the coming days. However, the volume remains relatively light compared to prior strong directional moves, suggesting indecision in the market. The Bollinger Bands also highlight that Bitcoin is not yet in an overbought or oversold condition on the daily timeframe, leaving room for further price exploration. A breakout from the bands, either up or down, would be a strong signal to watch for in terms of directionality. For now, the focus remains on reclaiming the middle band and watching how price interacts with key moving averages and support/resistance levels.
COINBASE:BTCUSD
by ScottMelker
BITCOIN IS BREAKING DOWN right now "Bitcoin has broken through a critical support level, signaling a significant shift in market sentiment as bearish pressure intensifies. This breakdown could trigger a deeper correction, with traders closely monitoring lower support zones for potential stabilization. The failure to hold this key level may accelerate selling momentum, raising concerns over the possibility of further downside and testing the resilience of bullish participants in the market."
BITSTAMP:BTCUSDLong
by MrGushyEXPERT458
Levels to WAtch and Possible Scenarios - Shady Stuff Going On Here are the possible Scenarios. 1. We might have a head and shoulder within a head and shoulder and got to around 96500 flag. 2. We might short squeeze to top of channel and go to 100k range. And above that might break out of fall back down below and out of the channel. 3. Below the 91321 flag/level we could go down to the support shown below. The shady stuff ? Orders given to DOJ to sell over 6 billion ASAP before new president comes in . My thought is that they want to crash it so BlackRock and friends can buy it up. A move like that and Saylor will be forced to cover and he wont be able because MSTR stock will plummet ! We could see a huge melt down if Saylor forced to sell on top of this . Just a hypothesis but in the realm of possibilities which could cause this to plummet to 20k with everyone trying to cover losses.
BITSTAMP:BTCUSD
by RedRum3X