GREAT CRYPTO CRASH of summer 2021; 65k to 4.5k and back.Well, we have a textbook Eliott Wave's expanding flat on a weekly timeframe.
XBT30M trade ideas
Not as many shorts as our last low in July 2021!The Bitfinex whale den, as it's known. Unless the whales swam away into deeper waters, why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021??
I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming.
Or...
Whales and market movers are not confident in a further drop from here.
Maybe they know something we don't.
Bitcoin Longs going insaneEither is going to crash, or it will decouple from the Stock market soon.
Look at this insane candle!
Or Is It Just A Coincidence? Bitcoin!What you think about crossing trends in 2017-2022 Bitcoin Chart?
BTC flyIt's time to buy btc and hold ;)
BTC correction end
buy at 28000 to 3000 dollar
Elliott wave analysis
Btc longs versus price action The amount of longs we see are unprecedented and have usually correlated with price. This divergence suggests a big correction upward soon.
Bitcoin weekly head and shoulder top is established, then pleaseLast month, I published an article suggesting the weekly line here, head and shoulder trends.At the time, the old readers knew that I was a very cautious person, and that I was always in awe of this highly speculative market.
the market has gone through the worst form, perhaps many people still can not understand, why I am always cautious in words and actions.
Because this market is highly speculative, many investors, and do not have too much experience, also have not experienced the baptism of many bear markets, in the face of the current trend, often mentality collapse.Think about those friends who believe in value investing and $100,000.Maybe Bitcoin can really reach 100,000, or even a million dollars one day, but how many people can survive until that moment?
Most people, in a bear market, lose confidence and are eventually swallowed up by the market.Because the darkness may not be the most terrible thing, but you are in the dark, still do not know when this state ends is the most terrible.
Back to the chart, we see the weekly uptrend line sold out and the head and shoulder chart established.However, the weekly line level is very large, and the running time is also very long, so the head and shoulder top caused how much damage, it is hard to say.
But it doesn't matter, as old readers know, I like to use the macd + ma strategy, some people say this macd is too dull.
Now you see, there's nothing wrong with being slow. Too aggressive operation, we will be caught in a bear markett. Seemingly simple indicators are often more useful.
Where will the weekly decline go?We can look at a few supports below,
The first is the ma144-week line, which is currently around $26,000,
The second is several value bands, 31,000,21,000,14,000,
The third was the June 2021 low, at approximately $28,800.
Let's first look at the front low support, where there is also the possibility of a box.
If you don't respect the market, the market won't love you.In the past month, most of the fake coins have been halved.Such a trend, no value at all, so this highly speculative market, many people want to live, must have superhuman ability.When you want to make some interest, people are thinking about your principal.A zero-sum game market, if you make a little mistake, you will lose all over it.
The pain of retail investorThe trend seems to accelate for the retail long possitionong. Let's wait for it to be decimated and buy it back right then.
BTC shorts: a useful tool to anticipate potential tops & bottomsI just recently found this tool useful in timing the approximate time to be ready to sell or to buy BTC. If you backtest, it predicted correctly the 64k & 69k tops. However, during the 29k bottoming process, there was so much pessimism that the shorts continue for a while even after bottoming. But then there was already volume of buyers so BTC went up & the shorts again fell after confirming the reversal.
The whole month of April 2022 saw BTC falling consistently from key resistances. We may see the same thing happen again in May according to this chart. We have not yet seen the elevated levels of shorts yet inside the box.
A good time to start accumulating may come in end of May or early June when it reach the top of the consolidation box (0.618 Fibo) awaiting reversal or even to BO for even more shorts. (Remember “Sell in May & Go Away”?)
In case of BO & holding above box, we may see parabolic selling of BTC going into early June but the BTC bottom-reversal will be fast once sentiment changes from bearish to bullish anytime within June to July.
Approximately August may be a potential time to sell when the bottom of box is reached once again where everybody seems bullish & shorts are again at its lowest. (Be a contrarian)
Not trading advice
BTCUSD PRICE ACTION ALLI will make the right decision according to the movements on the chart
On a small scale it is currently being formed
LL and LH
Due to the breaking of these levels, we can touch higher targets
But if we continue to the bottom floors and ceilings
And even below 34,500 and even below 32,900
I think so
MA 200 weekly timeframes in the range of 22-23 thousand dollars
It is moving
I'm still hoping on a larger scale
Go back to the market and start raising the floor and ceiling
And so on when resistance 42 and even 48 is broken
ATH I'm optimistic
The bull is not finished for me yet
I was always in the bear market, especially at $ 69,000
But now I have a positive opinion about being climbed and high movements
There is a lot of fear in the market
BTCUSD PRICE ACTIONI will make the right decision according to the movements on the chart
On a small scale it is currently being formed
LL and LH
Due to the breaking of these levels, we can touch higher targets
But if we continue to the bottom floors and ceilings
And even below 34,500 and even below 32,900
I think so
MA 200 weekly timeframes in the range of 22-23 thousand dollars
It is moving
I'm still hoping on a larger scale
Go back to the market and start raising the floor and ceiling
And so on when resistance 42 and even 48 is broken
ATH I'm optimistic
The bull is not finished for me yet
I was always in the bear market, especially at $ 69,000
But now I have a positive opinion about being climbed and high movements
There is a lot of fear in the market
BITCOIN - DOUBLE TOP FORMATION#Bitcoin in a typical double top chart pattern
This week we broke the neckline which suggests the market should be trending towards the next support at $30,000.
Will $btc respect this or not?
Time will tell...
Long term view on Bitcoin pricePutting this Wyckoff Reaccumulation Schematic into weekly Bitcoin price chart. This make more sense with institutions coming into the space, there are more parties that have stakes in this space. On chain analysis and price models failed miserably because the paradigm has shifted. There will be no more exponential price of BTC going to 1 million united states fiat dollars I believe, but an extremely volatile ranging price (for now) and slow steady uptrend (for the next few years). I expect 30k - 60k to be the range for now (might even go below 30k in near future). See you in few years where I collect clout
Last Support for Bitcoin$33.854 is our last support, if this support is broken we will have broken a huge 5-year trend and unfortunately we will be heading towards our $22K target without a relief rally. I still think that we will return from this point and make $52K first and then go to $22K...
Bitcoin Roadmap Chapter 5Bitcoin just reached to 200 daily moving average and also the D point of multiple harmonic patterns ! In these prices we see lots of long analysis after the moving average is violated , but I think this is a good place to take a small short position and reduce a little bit of other open long positions that I have , such as Hbar or Doge , see the analysis in description.
Good Luck !
Getting back too charts after 12 months off XBT ideaLooking at on of two market movement scenarios depending on open interest and market structure coming in too a squeeze looking for an impulsive move in either direction.
bullish BTC TREND WH@LES ON THE HORIXONMysterious Bitcoin Whale Buys $71,000,000 in Bitcoins in a Week. The third largest Bitcoin (BTC) whale in the crypto world continues to feed and make massive purchases Bitcoin. Data-tracking website BitInfoCharts says this same whale is the largest non-exchange entity in existence, acquiring a staggering 1,800 BTC in the past seven days.
Bitcoin is currently trading at $39,854, adding BTC to this whale's wallet with a total of $71,737,200. The total contents of the wallet is 125,552 Bitcoin, worth approximately $4,999,829,118. The unnamed wallet has been busy with a colossal food tourism this month, including scooping 2,822 BTC for more than $117 million last week.
As mentioned, the wallet shows a general trend of buying Bitcoin in the hundreds and then occasionally sending 1,500 BTC to wallets affiliated with US crypto exchange Coinbase.
MicroStrategy Announces Purchase of 4,167 Bitcoins
© Provided by Crypto Guide
MicroStrategy Announces Purchase of 4,167 Bitcoins
The whale has been very active throughout 2022 after a relatively quiet fourth quarter from last year.
Popular crypto analyst Benjamin Cowen noted that the whale appears to trade BTC when it is in a certain price range, buying dips and selling local highs.
Bitcoin has been slowly declining since the rally.
Very Bullish There's a chance that
@Bitcoin
will rise and be rejected at the major resistance if we don't hold the green support line
BTC BULLISH SETUP We are going long here , the market is in a stop loss hunting structure and it will be bullish soon
Entry ≈ 38000 38400
Targets : 39300 - 40200 - 41800 - 43400 - 45600 - 48700 - 58200
Stop loss : 37112
Worthy for 10x leverage
2022-04-26 (344)
Copycats don’t deserve to be on the front page..!Some people Thinks if they stole others ideas and change the color it will become an original analysis..!
And some fools picks them and reward them..!
These are my bitcoin analysis published between April 13-23:
April13:
April 17:
April 23:
Now look at the front page of TradingView..!
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
RIP Bitcoin - Eternal Rising Wedge - Go on a holiday tradersThe most lame ass longest rising wedge in the history of Bitcoin. Nothing is gonna happen for many many months. Just go on a holiday and hodl and save your crypto for next year.
BTC.USDTI think we will have a right shoulder up to 60000-65000
and will move towards 17000 by completing the pattern.
ultimate comboi won't go into specifics, yet. let it come to you in about 3 days or less. but, each line is a resistance point. first line is worry. second line is panic. thrid line is freak out and consider closing.
overall, the tip of each specific line , acts as an infinite line on your chart as if it is acting like a updated arrow of where the direction is going in the near future . (play around a bit, for example, if all tips of the arrows , point down, direction is down. if all three tips of the line point upwards, direction is upwards; wideness; right angles;who's on top; and much more)
i'm not accounting the other factors.
most important is, the red line . the red line is the direct direction of the right now.
the blue line is most important. the farther away from the red line, the stronger the direction.
the middle line (can by any color throughout range/switch-ups/reversals, can act as the first main real resistance of where price needs to push through with confidence in order to break trend and shoot for the third line (which most times can be the blue line in heavy trends)
