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Bitcoinshort

#BTC 🔴 H1 SHORT (BITCOIN). Possibly W1 PPR ⬇️Interesting developments in Bitcoin. It seems that they tried to break through 31k several times, but at the same time, the 30k resistance worked out many times. But the last powerful impulse on the background of FUD took out the stops of all the longists, who stubbornly gained their positions in the LONG for a long time. We have been moving in the H1 range for a whole week, and most likely, the last downward impulse predetermined the current situation in BTC. At the D1 resistance, and the upper limit of the H1 range, a Double Top has formed, a Global Imbalance Level, which the price has already tested. And this gives an excellent signal to open a sell position. A retest of the imbalance is still possible, after which, with a high probability, we will go into the long-awaited correction, to the lower border of the H1 range (29982) and up to the previous Impulse Level (28737) p.s. In addition, on W1 we have a hint of the formation of a Bearish PPR, the implementation of which will definitely send the price to the level of 28.8-28.6K. p.p.s. In addition, the current Bitcoin Futures Contract on the Chicago Exchange expires on 07/01/2023. Accordingly, there should be significant volatility in the market. input: 30605 (on unbalance retest) stop: 31227 tp-1: 29982 tp-2: 28737
BITSTAMP:BTCUSDShort
by TrEKone
💥Bitcoin (BTCUSDT): Pullback in Short Term?Together we have followed the last part of this rally (see chart below) correctly, but now we cannot rule out some corrective structures in near term. That said, the trend is bullish on Daily and Intraday Charts, so if you decide to take a short position, you have to wait for a bearish signal. From our point of view, if BITSTAMP:BTCUSD triggers a corrective structure, it could form something like ABC Pattern. The simplest strategy is to wait for the first bearish leg on small time frame and try to take a short position after technical rebound. BULLISH SETUP Like to support my work. Trade with care!
Short
by TheAnonymousBanker
10
BTC Bitcoin and the Wall Street-backed EDX Exchange LaunchIf you haven`t bough BTC on this Blackrock filing here: Then you should know that the recent launch of the Wall Street-backed cryptocurrency exchange, EDX Markets, is a significant development that signals growing acceptance and adoption of digital assets within the traditional financial industry. This event brings a bullish sentiment to the crypto market, indicating increased confidence from institutional investors. EDX Markets is specifically designed to facilitate safe and compliant trading of digital assets, offering clients distinctive benefits such as competitive quotes, liquidity, and a non-custodial model. By prioritizing best practices and establishing trusted intermediaries, EDX aims to alleviate conflicts of interest and provide a secure trading environment. The initial assets available for trading on EDX are the largest cryptocurrencies by market capitalization, including Bitcoin (BTC) and Ethereum (ETH), as well as Litecoin (LTC) and Bitcoin Cash (BCH). This selection showcases the platform's focus on the most established and widely recognized digital currencies, instilling confidence in investors. The entry of prominent financial players such as Schwab, Fidelity, and WisdomTree into the cryptocurrency space further strengthens the bullish case. WisdomTree Investments' recent application for a Bitcoin exchange-traded fund (ETF) with the Securities and Exchange Commission (SEC) reflects the growing market interest in this investment vehicle. With BlackRock's filing also fueling the discussion around Bitcoin ETFs, it is evident that established firms recognize the potential of cryptocurrencies as a legitimate asset class. In this context, my short-term price target for BTC is $31K. However, I maintain a bearish outlook for the overall year due to the ongoing Binance investigation and the lawsuit filed by the SEC. Looking forward to read your opinion about it.
Long
by TopgOptions
2
Bitcoin collapse? or drop down to around 26k?Bitcoin seem to be bearish even though it has traded bullish for most of the week, we could see it bouncing off nicely from a 60 minutes(1 hour) timeframe orderblock. With enough liquidity taken from previous structural highs on the daily timeframe and the latest liquidity taken being last month's high and price failing to make high(s) above yesterdays high around 30700, we could anticipate price moving back down for some retracement at least, especially since the weekly timeframe is yet to make a good buy structure after bouncing off nicely from the monthly fair value gap. The 26000 price level seem to be a pretty good and strong support area that the market could trade into and if price continue to trade down below 24800 then we could anticipate a collapse down to 15500.
Short
by celefazy
3
BTC Shockwave Alert: Unveiling a Potential 21.93% Dump Technical Analysis: A pullback is evident in the 2-day chart, indicating a potential further decline. You can view the chart here. The 16-day chart also shows a pullback, which could impact the possibility of reaching the all-time high of $200k (a dream worth chasing!). You can see the chart here. It is advisable to refrain from initiating long positions unless there is a significant breakout beyond the 32k level. Please feel free to share your analysis and insights to enhance the shared idea. Additionally, your comments to know stop loss updates would be appreciated.
Short
by UnknownUnicorn14930146
☝️Can Bitcoin be analysed?☝️Can Bitcoin be analysed? Hello my fellow traders! I suggest you pay attention to the H4 chart of BTC/USD. In my opinion it is quite difficult to analyze cryptocurrency pairs due to big influence of external factors and information environment around. We can see the correct downtrend has formed and today the price is on the upper border of the channel. (26850.0) ✅I assume a move to the lower boundary of the channel with a pause around 26000.0 in the near future ✅The main target for me is 24880.0 ☝️Good luck and remember about high volatility of cryptocurrency pairs!
BITFINEX:BTCUSDShort
by Simon_Weber
Are You Ready For Crypto Bear Market???DONT FORGET TO CHECK MY PREVIOUS ANALYSIS, #Bitcoin i believe bitcoin had enough of bullish retracement and its time to continue the main direction which is for sure bearish. i have pointed out the main zones to look out for, the chart speaks much than i have to... + Dont Forget To Match With Your Strategy. Like + Comments Will Be A Big Support. Disclaimer: Buying OR Selling is your own decesion. This is just my personal view of the market for educational purposes.
OANDA:BTCUSDShort
by IchimokiFx
2
Bitcoin to breakdown?Bitcoin - 24h expiry - We look to Sell a break of 25298 (stop at 25798) There is no clear indication that the downward move is coming to an end. Our short term bias remains negative. The sequence for trading is lower lows and highs. A break of the recent low at 25354 should result in a further move lower. 25354 has been pivotal. Our profit targets will be 24048 and 23848 Resistance: 26200 / 26500 / 26800 Support: 25800 / 25350 / 25000 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:BTCUSDShort
by VantageMarkets
BTC is poised for more losses shortly. As you may already know, BTC has recently struggled to maintain its value. The price has been fluctuating wildly, and the bears seem to be in control of the market. Unfortunately, this trend will likely continue, and we may see even more losses in the coming days. Unfortunately, BTC seems to have fallen below its 50-day SMA and is currently facing resistance at 26k. Monitoring these trends and adjusting your strategy is essential as a Bitcoin trader. Check out the current BTC price below the 50-day SMA and consider your next move. It seems that Bitcoin has fallen below the 0 Fibonacci level. As a result, it may take a lot of work for bitcoin traders. However, I suggest keeping an eye on BTC below 0 Fibonacci level for those interested in potentially buying at a lower price. This news is difficult to hear, especially for those who have invested heavily in BTC. However, it is essential to remember that the market is constantly changing, and there will be opportunities to make up for these losses in the future. In the meantime, I encourage you to oversee your BTC trading. Keep a close eye on the market and be prepared to make quick decisions if necessary. Remember, it is always better to be safe than sorry when trading.
BITSTAMP:BTCUSDShort
by bryandowningqln