BTC - such amount of leveranged long Never seen before. This could lead us to a massive drop.
It needs be wipe out, do not be one of them.
BVOL7D trade ideas
BITCOIN: LONGS ON BITFINEXHi guys, here some clear explanation abount BtcUsd Longs on Bitfinex.
As you know, Bitfinex is a big exchange since 2013, and whales prefer trade Btc here compared to other exchange.
Looking ad this chart is obvious that when BtcUsd Longs ratio rise, the Btc price fall, and when fall the price rise.
Until here is all clear but, don't forget that is not a magic formula because, as happened on 2019-2020, we have seen a double top before a fall in the ratio, and this is probably a huge doubt in the market now , because can create a bull trap before a final leg down on the price.
So, don't follow gurus as if you were blind, because the ratio alone don't move the price.
It's noteworth to see a ratio rise again in this way...wow, but this will be the next big bull run or a mega bull trap?
REAL ALT SEASON Around the Corner, but first BTCThis is the BTC USD LONGS Open Interest Chart, you cannot trade it but it can act as an indicator to your overall thesis on the market.
It shows where Bitcoin has bottomed in the past, had its runs, and where ALTS tend to flourish (once BTC peaks, $ flows to ALTS)
Use it as info to support/counter your thesis, not as a trading tool.
My opinion is that we will eventually peak, LONGS will dump, meaning BTC price will pump.
Thoughts for now! Stay frosty friends.
Vatsik
longs bitcoinevery time the longs chart goes up, and the bitcoin price keep stable in specific range price, the bitcoin price increace while the longs decreace.
so this may be a good time to accumulate btc when btc price increase and long decrease.
BTC Bearish divergenceBearish divergence has formed on the Bitcoin chart, however, I think we will see the move up to the 0.382/0.5 before this divergence plays out. This will create more bearishness and fuel the subsequent move down for wave 5.
Maybe some manipulation to pump the price up so that everyone turns bullish and longs before dumping again. Lots of alts are showing similar bearishness but I am not convinced to be honest.
BTC: Trading the market with price actionIn this Video I'm going to discuss major rules that will help progress your trading. Price action is king in the markets as it allows you to read INSIDE what is going on and therefore accurately predict future market moves.
These rules are essential to picking price pivots at the right time.
Of course, implement all risk management rules and trade lightly.
What is going on?BTC has nearly $3B of margin liabilities on Bitfinex alone. The highest it's ever been, by far.
BTC Short for long-term???Wonder if this astronomical amt of BTC Longs will drive/be a good indicator to see the upcoming trend here. Feeling still bearish overall and thinking it's a continuing another DCB but hoping for a true breakout on the inside.
BTCUSD Bitcoin Bitfinex Leveraged Longs Hit Extreme Levels Hi everyone
Bitfinex Longs have hit extreme levels never before seen.
Right before the previous crash Binance Leverage Longs hit these levels and they all lost moneys.
Right now 95% of these Leveraged Longs on Bitfinex are in the RED. They are losing already.
Keep the Bitcoin Price under this level for maximum gainz
Very Bullish in BTC SOONCurrently, Bitcoin does not appear to be in any bullish mode, but with the support level at 30K, something amazing may be about to happen.
bitcoin in ping pong sideway channel Bitcoin with recent candle seems bearish and if price cant stay around 28600 next target is 27000 .
red area is important 📍
BTCSHORTS just made a big move as I warned in 2 previous postsBTC SHORTS bounced from the trendline & made a big green candle.
BTC price fell but was immediately bought up.
Can the BTC bulls hold 28/29k & make this dump a fakeout?
31k is the minimum resistance to break for uptrend to resume.
If BTC breaks below 28k then 26500 is the last defense to avoid 22k, approximately the wma200 level.
Not trading advice
First Destination of Bitcoin is $24.000Considering both the Bear Flag pattern and the Stochastic Relative Strength Index on the daily timeframe, as well as the weekly timeframe pattern, BTC's eyes are on the grave. The search for liquidity at a much lower level, in the $18-20K range, should not be overlooked. Of course, we may see an increase up to $35,000, but this possibility remains a difficult one when we consider the correlation to the US500 and US100 parities.
BTC FINEX LONGSpumping like crazy...
either finex whales know whats up or theyre all about to get humbled due to a crowded trade
btcdominance looks like the dxy did before its last gasp push
could indicate another capitulation event coming for btc and crypto market in general
but btc needs a strong weekly candle to remain bullish on the monthly chart
itll be interesting to see how it plays out..
bitcoin tumbleHere I have added some future support lines...This chart has been good so far from the November top. the commodity channel keeps getting pushed over by bear market rally attempts.
The curious case of a massive Bull Rally in all marketsThis is not a crypto analysis , I have more holdings in stock market than in crypto so that's what I care about.
But the curious case here is the situation in BTC long contracts.
It's at a historical high , so high that the indicators at the bottom have no place to go anymore and they are all signaling a downturn in these long contracts.
SO why does this matter?
Because since July 2021 the BTC market is almost 1:1 correlated with stock market.
That is because with mining power leaving China the crypto domination now are in the hands of the USA or Wall Street to a certain degree. The biggest investors of crypto are big funds and VCs in the US and they are dictating the price.
And since then, this particular BTC Long contract chart is in a negative correlation with the stock market.
As we have come to an end in this massive rise in long contracts what will happen next is a big upwards move in BTC, SPX and NDX.
At this point no rhetoric about recession, interest rates, war, uncertainty etc. won't matter.
This is like seasons, spring will come no matter what.
And here it is!
BTCSHORTS: BTC rally stalls; a bigger capitulation may be neededBTCSHORTS chart seems to have found a temporary support & may reverse up for a bigger BTC capitulation to continue in the 2nd part of May. We may see a rally in June up to late July. Then another in 4Q2022 leading into Jan2023.
All risk assets tumbled Wednesday 18May into the worst down day since pandemic despite DXY $ index & TNX 10-yr yield retracing, increasing the odds of a STAGFLATION. (a stalling economy with rising interest rates which is really bad).
The 10-yr yield not only shows the health of our economy but also inflation expectations. For now, inflation is still rising but economic growth & consumer demand is already decreasing.
There is still no catalyst suggesting that the relief rally can be sustained.
Not trading advice
$BTC LONGS POSITIONS This is the only chart that keep me Bullish ASF
The last time we have and ATH the Longs positions are marked in the chart.
Now we have a huge spike in longs positions.
They know something that we dont?
Time will tell, for now, im acummulating every coin that i can, preparation is everything.
Have a good week
Summer SadnessI've taken into account the last two bear markets, as being a victim myself of one of them, the highest probability of price action is this crude representation. 2014 Sucked, lasted about a year and a half, 2018 sucked too, lasted from feb 2018 to jan/feb of 2019 before any signs of relief. The bear market signal usually starts the following year after the halvening in Q4, this is where people try to time the top and get rekt because they never took any profit off the table for whatever reason and go into extreme pain mode followed by emotional hibernation. Volume at these lower levels will be the key for the swing traders here along the bulls release under the 200 day MA will be fighting against a river, sell pressure will always be against them, while the bears are playing a btc settlement layer accumulating btc on the back end to sell on a bull market. Unfortunately there is only temporarily relief for the bulls in a bear market, event driven catylists will continue to push the market down as fear creeps into the minds of the weak. With vol so low people are on edge and selling for a -% is a good idea *you not down until you sell* just don't look at the charts for a while and go have some fun. If your gunna trade play with the momentum not against the grain this shit will rekt you. Based on last bear market we can expect two fake out events followed by two crater events, my cash will be deployed between 12.5k and 18k between Nov. to Feb. I am patient and that is the key realizing btc price action off an ATH always dips -80-87% if I am wrong I am out with that bc it means this stupid supercycle is dead and we can just infinitely continue the shenanigans
"Protect meh homies"
-KewlKat
Bitcoin can hit new ATH 75000 at 2022Bitcoin can hit new ATH 75000 at 2022
My technical indicators, show in my chart.
Thank you.
$BTC LongsH&S with a clear target to 25000.
Broke out of historical resistance.
Something cooking in the near future.
BTC ChannelCould simply be at the bottom of a channel here. If we break much further down then I'll call it invalidated. Let's not get bearish at support and bullish at resistance like everyone else just yet!
