BITCOIN Bearish Signals!What's up Everyone! 😃
I hope you are all having a successful Sunday!
Russia Ukraine:
Things are looking bearish in general when we consider the situation between Russia and Ukraine and how traditional markets reacted to those news with a panic sell-off on friday before markets closed. Bitcoin in it's usual fashion followed the trend and also took a bit of a hit before the weekend. As for now we are moving through the weekend sideways.
FED Meeting:
In addition to the war that could potentially break out, the FED have called for an emergency meeting on Monday. A lot of indicators are pointing to more hawkishness around the rate hikes and that the first increase could come in the inmediate future.
Make sure to keep an eye on the news and other markets, specially on Monday 14th when Stock markets open and the FED meeting will be held.
Let's hope expectations are way worse than the truth, in which case we could see a nice pump next week!
THANK YOU for your time!
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Happy Trading ✌♥📈
Bitcoinshort
Russia Fears Can Create Buying OpportunityI would say the double top at 45k is extremely bearish. BTC will attempt to make a higher low around the 42k "Bart" pattern but I think it will tank right through due to some geopolitical fear. All markets are impacted by the threat of war but that's just it: a threat. The threat will continue to drive prices down until the 30-35k floor is once again tested. BTC holds this level? Super bullish. BTC breaks this level? Retest of 19k range is the next major support.
Bitcoin Analysis Update📊 #BTCUSD (Bitcoin)
🕒 Time Frame : Daily
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Bitcoin is trying to test the 45000$ _46800$ and may be facing little sell-off over there. $44,350 - $46,000 would be major resistance, which will take time to break. In case of rejection, we can see a drop to $42,000 as a retest of support. Use proper stops in trades as the market may become Volatilein the coming days.
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👤 AmirHossein
📅 02.08.2022
⚠️ (DYOR)
Bitcoin: Ski-jumping 🎿 Bitcoin is totally caught up in the Winter Olympics. It has climbed into the upper half of the turquoise jump between $39212 and $46233 and right now is observing the wind regime to decide whether it should go a bit higher still or jump already.
We still grant Bitcoin some room to finish wave in magenta at the upper edge of the turquoise zone, but it should not rise above $46233 to maintain our primary forecast. We expect it to jump off and float downwards, aiming for the perfect landing with wave in magenta.
Will Bitcoin continue this climb ...!Will Bitcoin continue this climb ...!
In my opinion not ...!
I will not explain much. This happy climb is a Short Squeeze in my opinion. In addition, three historical and technical resistances stand in its way.
Again, I do not think that Bitcoin will show a bullish rally until it touches around $ 31,000 to $ 32,000.
Simple but smartHi guys
Hit the valid channel ceiling and start lowering the price. personal opinion
What do you think?
If you have any questions, I will be happy to answer
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BTC/USD - SELL - @TradersLounge.USHello everyone!!
Currently short on BTC.
- I took the sell on BTC after the trend line break, EMAs crossover, and retest. Bulls are holding this level for now but we could potentially see a decline to the $31K area to retest the lows.
- This is my first BTC/Crypto trade in a while so I went in with small size to test the waters.
Love to see how this plays out.
Let me know your views on BTC! #HappyTrading
Miajah
Lead Trader @ Trader's Lounge
Do not deny the obvious !People, the data, and all the proof shows us that we are going down to the $30K level without a doubt. A lot of people (investors and traders who are near big liquidations) are in denial because they bought BTC at much higher levels and are blinded by feelings and the hype some make in social media. But THIS is the TRUTH.
BTC, BITCOIN, DAY TRADING, SIGNAL$BTC traded volume continues to decline. With each downward move #BTC is creating lower highs and even lower lows with greater momentum. Whilst #BITCOIN may be trying to reclaim 38k again all indicators are pointing to a test of the 29-27k bottom before a proper market reversal.
Bitcoin Short again,Rode btc for a nice win and reversedtook a long two days ago, yesterday I crushed a nice short but got our early because it looked like it was going to push up as it did. Now im jumping back in on shorts. I split my trade into 2 entries to maybe get a better entry if it pushes past my entry right here
Bitcoin heading towards 30000As I mentioned in previous analysis Bitcoin has some support near 40000
Bitcoin respected the support and bounce about 10%.
Now in previous trading session it closed below 40000 and stated trading below the same.
Based on current price action 30000 level should be target of this fall.
Getting any pull back signal near 30000 will be good for long term investment.
On the flip side further breakdown below 30000 will crash bitcoin and you will see 20% to 30% correction near future.
30000 level is the key now.
(update) Bitcoing ideabitcoin have been bearish since November of past year and kept on printing lower lows , and by breaking the 40k level the price now is in the "bears" zone so I expect it to push down farther toward 293xx level , and if it doesn't hold we will see a bleeding toward 18k levels .
there is a possibility of price correction toward 40k level before the bearish continuation .
so as long price doesn't break above 40k and sustains I'll be looking to sell only.
what do you guys think ? please comment your thought bellow
If you like the idea please let a like it will help me a lot , and also check my other ideas on gold and forex and drop a like while you at as well <3
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have a good one falks till the next time
Bitcoin Liquidation Dump Incoming!!! There has been over a billion dollars worth of long positions liquidated over the past week. Leveraging long on the way down is a great way to burn your money and only helps the shorts. STOP DOING IT.
That said, I believe Bitcoin will bottom around 20k. An extended flat correction fits the chart almost perfectly. This possibility would set a bottom below the summer low of 30k. Coincidentally, the 200 weekly moving average is lining up exactly at 2017s ATH. (The 200 weekly is where support was found in previous cycles and is where the majority of my limit orders are).
Today, the price broke below the greater ascending wedge that has been forming since December of 2020. The chances of this being a fakeout are slim, given the macro environment. US indices have been getting crushed as all eyes rest on this month's FOMC meeting.
Longs desperately need mid 30k to hold, but the chances of the bottom being put in via a liquidation event are looking likely. We've seen this playout in 2017, in 2020, and there's a good chance it plays out now.
Maybe the Fed is hawkish and Bitcoin does bottom at 20k, maybe they walk back their decisions as to avoid a taper tantrum and the 5th and final wave that takes Bitcoin past 6 figures begins. Whichever way it plays out, be intelligent in your trades. Make your money work for you.
BTCUSD - BitCoin USD Sine WaveBitcoin Short Idea
Most centers or pause-low of Sine Waves will be broken, before price turns in the opposite direction again.
The Big Picture alltough is a huge H&S formation that could form with a false Break of the H&S Base, where price gets rejected, after reaching the Centerline of the Pitchfork.
If this scenario plays out, we would have a huge downside potential, reaching the Lower-Medianline Parallel of the Pitchfork.