BTCEUR trade ideas
BTC: BUY or SELL? Elon is a party pooperSome crazy moves in crypto lately... Not sure what to expect, what are your thoughts? Any feedback or info would be nice! I am ready to convert to stable coins :D
BullBull Rally Starting.
**It is not the recommend stop loss** SO RISKY!!
Apparently, bear market could be finished.
Just on the trend line.
What crash? 5 days of going strongAnyone bought the dip as well and made another 15% of profit?
#CorrectionNotCrash, not a crash. It's normal when all of a sudden you have institutional investors pouring in and the old bunch safeguarding their profit. It's not even volatility, it's just like any business coming to a market and making their company a success.
ELON MUSK HYPE - " Its a bit expensive - its not green enough" Musk wants MORE Bitcoin - thats obvious - earned more from Bitcoin than cars !!! - so what does he do ? Knock the price . .will silly off-the-cuff rubbish - DOES ANYONE BELIEVE THE RICHEST MAN IN THE WORLD DIDN'T KNOW BITCOIN BURNS ELECTRICITY - BULLSHIT! . .he and his friends wan t you to sell . .CHEAP !!!!...up and up Crypto IS going - thats 100% - Ignore the hype - most Chinese /Indian Officials are corrupt and also want cheap Bitcoin . . Ignore!!!
Options expiration Friday 28.May (buy <25k, sell >36k )Fridays(option expiration): Its not every month it goes down.
Seems to correlate with the trend.
When negative trend > it has cone only 10-20% down.
So max down is -20% around expiration day (since 2-3 years).
Exceptions below.
Looks like the 25kEUR level can be touched
(in May, latest 11.June)
-> worse case 18kEUR
(that is -40% from this moment)
-> reversion next level 36-37kEUR
... 15kEUR will not go there,
Exceptions (continue downtrend vs. reversion)
- Mar2020
- Sep2019
- Dec2018
- May/Jul2018
- Dec2017
(crash, Jan18 dropped -40% in 30days)
What you think?
BTC mid predicton for 2021.05.28Sorry did not have time to publish it, pls look for tp1 maybe tp2 for resistance (white lines)
BTC to 40k€ ?25 April BTC was all time high , then BTC price drop down from 54k€ to 39k€ in few days ( 14 April to 25 April ) for too many reasons like ( decrease hash rate , weak hands , bad news , Elon effect , China decisions and so on )
in 26 of April BTC price start going up again before it starts to crash down in 9th of May
12 May a head and shoulders was confirmed 40% crash down was expected and it happened in few days ( 12 May to 19 May we were in the downtrend )
21-22 of May a left shoulder
23 Of may we see the head
25 was the right shoulder confirmed
are we going to 40k€ soon!
BitcoinFalling Wedge pattern, soon we will see bitcoin going up and then can bouncing back to a new support
Short termNot financial advice.
Support and resistance lines combined with a bearish view. End of September should be better for Btc.
BTC mid predicton for 2021.05.24Finaly we are seeing a break trought from a long resistance. if you are on the side lines, and afraid then wait on the 1 hour to confurm with a full candle above the line
Time to accumulate wealth
Welcome, wonderful person!
This has been an amazing period filled with anxiety and fear, must admit I felt some myself.
I have been able to stop myself from doing anything whilst panic, and still holding my bags.
However,
I will try to use this period to accumulate as much wealth as I can, meaning get more BTC in my bags.
Will transfer some savings I have had on the side and use that to actively trade BTC.
I am not taking my existing BTC to trade because: "Do not invest in your trades, and do not trade your investments".
My BTC bag is in cold storage and is my investment and will not be traded.
New bought BTC will be my trade bag, and I will not mix investment strategies in this. It will be traded purely based on support and resistant and trend lines.
Happy trading everyone, and stay safe!
Whatever you do, do not take any actions when you feel overwhelmed or in panic.
Take a short break and deep breath, then go back in with a plan!
Public policy announcements as a market manipulation toolDear fellow investors,
As you have all noticed, the latest announcements from the CCP have had a material adverse impact on the price of BTC. However, let us all remember that the CCP has made similar announcements regularly in the past 8 years and that those have never been been followed by any form of implementation whatsoever. In fact, most Chinese retail traders, miners and crypto finance firms are currently consolidating their positions or entering into long transactions.
One can only question the regularity of the CCP's announcements regarding an incoming BTC ban:
- Once in a while, when the BTC price is high, the CCP announces a BTC ban and Chinese whales conveniently happen to sell whole chunks of BTC at the very same moment;
- BTC price plunges as a result of the CCP's announcements;
- The Chinese whales buy BTC back at a discount;
- The circus repeats itself.
This well-rounded process seems to be nothing more that a very easy way for CCP to transfer money from foreign investors' pockets to Chinese investors' pockets. One could almost say that false public policy announcements spread as fast as Covid-19 did.
Now, you know what happens next: buy the dip... and HODL!
