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Bitcoinshort

ETH & BTC - OMG WHAT IS HAPPENING?! (CROSS ANALYSIS)Don't panic, this was expected. It's not the end of crypto, it's just a healthy correction that we need once and a while to justify a rally in the future. Price cannot always go up even though we wish it was that easy. What is on the charts? (3 steps) 1) The consolidation that had us wonder what was going to happen. (Again we forget that there is also option trading amongst other things with Bitcoin and time plays a big role. In fact, time is so important that if you can control when price will drop just by being a big player, you can put everyone out of the money right at contract expiry. One of the many ways whales will f*** you. How do I know? I don't. But if I had the ability to move markets I'd do just that.) 2) Bearish structure that could have been a short entry but obviously I prefer a double confirmation. Double confirmations just put probabilities on our side. When money is on the table, you either gamble or play the probabilities game. That's what we're doing here: trading not gambling. 3) Sellside liquidity taken out. This is our signal. If not now then when? Again this isn't me telling you to short. Who am I? No one, do your own research. So what now? We want a retracement in the reload zone and the 0.702 + FVG is THE place to be. If it goes higher then I'd cancel the idea for now. Again the DAILY ANALYSIS supports the short and that's what matters. As always, happy trading and stop gambling you ape. ;)
BINANCE:BTCUSDShort
by Lexi_Is_Trading
BITCOIN Weekly Outlook - 22/01/24 Hello everyone, as I ment in last week idea, I am expecting BTC rather going LOWER then Highier, prior to FED meeting which is next week. Since we doesnt have much volatility last week, Im would expect bigger moves to occur later this week, when Market related reports start coming... To understand further view I would suggest to first check this out: As right now: I would suggest be very carefull with NEW trade opens , and manage them very carefully since there is potentionall for liquidity swept due to low range last week... So, everyone who WAS Short before this post or decided to go Short after, should be in favorable position right now. (opening price at time of post is represented by purple dotted line) Our Liquidity Sellside targets are same as was last week. BUT what would I suggest to everyone, and doing myself is ↓↓↓↓↓↓ Create STOP LOSS order ABOVE weekend Highs WHY? , - Have in mind, we are still in Monday PRE-MARKET, if we all of sudden reverse today, before late week news drivers, we can potentionally go to OTE targets from last week. And in that case we would LOSE on our trade... Thats Why we wanna create STOP LOSS order above weekend price BUT under our OPENING price. So even if market reverse, our position still be closed in very small profit but not end in loss!!! Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSDShort
by cryptocapitaltrading
BITCOIN Close timeframe analyses - 18/01/24Hello guys, today Im back with close up on, What do I expect from BTC, prior coming close to FED meeting Jan31'. I will try make it clean and simple, since thats How I prefere to handle trades. On chart I marked Liquidity boxes for each Buyside and Sellside, those are my main targets in IF scenario. -- IF scenario is --> IF price come HERE, I do THIS! -- So right now I believe that we swept Highs of our Buyside liquidity and close to end of month we will be working on Sellside (marked Lq t1-t3). But, it doesnt mean that we have to move right now, there is still potentional, that in next few days (1-4) we will move to Optimal Trade Entry t1-t2. Which are 3% resp. 7%.. Which is far away, if you decide to open Short position at this moment. Which, is far from Optimal open in my opinion. So, what would I do, in case I didnt have Open position? ________________________________________________ For me,the Best option right now would be to Wait until Today Market news happen, and then react to what price do, with a plan... IF I would have to do something now, I would open Short position, with SUPER thin STOP LOSS range at 1,25% from Price in which are we right now, that would be Close above Yesterday Highs around 43225.99$.. If I goes above, trade is abadoned and I sit on hands waiting till price reach Buyside t1-t2 to Open new Short trade there at right time. WHY I think there is Highier chance of going Lower then highier NEXT Close to meeting is , When I ZOOM OUT, to check Price from Highier Timeframe Perspective (edit. picture working only after DOUBLE-click openning) There is Clearly to see that after EVERY move Highier there was Retracment to prior price levels With TIME close to FED events. In last few Months BTC rallied without really going throuth this process of "backtesting" price, and since we coming to "uncertainity event", I would expect that we may "get it done right now". And just after that, IF there is NO CHANGE in FED policy market Can keep going back to Highs. Note, I expect we reach at least Sellside t1, potentionally close to t2... Reaching t3 would be considered as "extreme" in this short time. And potentionally GREAT reverse AREA. Hopefully, this helps some of you with your perception of market. If YES, please consider liking or sharing this post, it would mean a lot for me. Thanks Joe
INDEX:BTCUSDShort
by cryptocapitaltrading
BTC → Bitcoin Blasts Through Resistance Then Falls Down. Short?Bitcoin completed its measured move on January 7th and gave us some extra price action up to the $49,000 area. With a strong sell signal and now a follow-through bar reaching the Daily 30EMA, is it time to short? How do we trade this?  🤔 To justify a short trade, we need a Daily candle close below the 30EMA. The other data points all support a counter-trend trade: Measured Move Complete, Strong sell signal above key resistance area, RSI below the moving average around 50.00 with room to fall. I frequently reference the 4HR chart when trading the Daily timeframe. As you can see in the chart below, the 200EMA on the 4HR chart overlaps with the 30EMA on the Daily chart. Using that same point of reference as a key support level, we can look for a close below the 4HR 200EMA to justify our short. That also allows us to get an earlier entry into the position: Once we get that candle, we can justify a short scalp to the previous trading range/measured move mid-support at a 1:1 Risk/Reward Ratio. 💡  Trade Idea  💡 Short Entry: $42,650 🟥 Stop Loss: $46,950 ✅ Take Profit: $38,350 ⚖️ Risk/Reward Ratio: 1:1 🔑  Key Takeaways  🔑 1. Measured Move Completed Into Key Resistance Area. 2. Strong Sell Signal Above Measured Move Resistance. 3. Strong Sell bar falling to 30EMA 4. Wait for Daily Candle to Close below 30EMA. 5. RSI at 50.00 and below Moving Average. 💰  Trading Tip  💰 There is over a 60% chance of a measured move after the breakout of major resistance, normally, a trading range. That means the distance from the trading range resistance to the top of the breakout will happen again above the top of the breakout. ⚠️  Risk Warning!  ⚠️ Past performance is not necessarily indicative of future results. You are solely responsible for your trades. Trade at your own risk! Like 👍 and comment if you found this analysis useful!
INDEX:BTCUSDShort
by TraderEngineering
1
Bitcoin : Why the ETF News is BEARISH for BTCHi Traders, Investors and Speculators of Charts📈📉 The Bitcoin ETF approval is expected to be announced any day now - but wat does this mean for the price of BTC? When there's an unprecedented event that will affect the markets, it's helpful to return to the basics: 👉 Buy the rumor, sell the news 👉 Macro Analysis 👉 Candlestick analysis 👉 Buy the rumor, sell the news If the ETF should be declined (which seems unlikely), the price will definitely react negatively. But if the ETF is approved (as most widely anticipated), the price will likely also drop as the classic dump after good news. 👉 Macro Analysis Bitcoin is due for a correction / pullback. Even dropping to lower 30K zone would still be a lower high, classic Elliot Wave Theory before the next upwards impulse wave. 👉 Candlestick analysis BTC has made 5 consecutive green candles in the MONTHLY. A red one is definitely overdue. This will support as a "fundamental reason" for the ETF news. NOTE that I am still BULLISH on BTC. We're in the opening moments of a new bullish cycle, but there are pullbacks and corrections in upward cycles - and I'm expecting one around the time of the ETF news. If you found this content helpful, please remember to hit like and subscribe and never miss a moment in the markets. _______________________ 📢Follow us here on TradingView for daily updates📢 👍Hit like & Follow 👍 CryptoCheck BINANCE:BTCUSDT
Short
by CryptoCheck-
9
DXY Reverse H&S and Trend Channel Breakout as BTC Loses $45kAfter the ETF hype and $48.5k Golden Pocket selling pressure... The DXY has been consolidating sideways, technically breaking it's downward trending channel. As of today, Bitcoin has lost the $45k support level and heading lower towards $38k - $40k. Fueling the selloff were hotter than expected CPI and inflation data, and the realization that the new approved ETF's were not immediately deploying their bags en masse into the spot market. A big question remains... Will most of the money flowing into institutional ETF's lead toward higher spot Bitcion prices directly from buying in the open market, or will most of this happen OTC, and not push retail prices higher. This remains to be seen. Regardless, Bitcion has been on a tear since the September relative lows and hitting the upper range of it's upward sloping trend channel. To sustain a larger rally later, and to sustain the strength to break past old highs, and past the proverbial '$100k Bitcoin' level and beyond.. A pullback to $38k support would make sense, which would be roughly a 20% pullback from the recent highs and which we've seen 2x before this year. However, a deeper 33% correction to retest the $32k support / resistance level is also in the cards, and would present an excellent DCA buying level to re-accumulate Bitcoin. What do you think?
TVC:DXYShort
by BrettFogle
Bitcoin may be heading south for the winter!At least temporarily. When I look at this chart, I see imbalanced price action all over the place (purple boxes). And as we know with the smart money strategy, price will sooner or later make its way back into these areas. So, my thinking is, if we get a break of structure (dotted line) followed by a re-test somewhere close to the imbalance above that area, or the manipulation candle (solid red line), then we may be looking at a temporary change in direction. That said, Bitcoin has been in a strong bullish environment since Nov. 2022, so it’s riskier than a similar set up moving in the opposite direction. Manage your bankroll accordingly!
COINBASE:BTCUSDShort
by UnBearyBull
2
Will it hold?Bitcoin is retesting (again) my trendline. I see everyone calling for new highs, and last time that everyone was greedy... You know what happend. Now you are all greedy again, what could happen? I personally sold half of all my spot bags, and added more to the BTC shorts. I am short on BTC only. Of course my trendline can't hold forever, but i think we are closer to the drop. Big funds want to buy bitcoin, do you think they will buy it at this price when they can buy lower dropping it? Are you serious?
Short
by SaliJournal
Sec will reject all etf bitcoin today.Today marks a critical point for Bitcoin, as the ETF is set to announce their decision on the Bitcoin ETF. There's a strong likelihood that the ETF will be rejected, a decision that could trigger a substantial market reaction. We're potentially looking at a significant price dump, where Bitcoin could plummet to the $3,000 to $1,000 range, and it might even go below $1,000. This drastic decrease, however, presents a unique opportunity. For investors and traders looking to capitalize on market movements, this zone is poised to be an exceptionally lucrative buy zone. The potential for recovery and a surge to new highs is substantial, making it an ideal time for strategic investment decisions. Keep a close eye on market trends and be ready to act as this scenario unfolds. Remember, market dynamics are unpredictable, and it's crucial to approach with caution and do thorough research before making any investment decisions. Stay updated and prepared for a significant shift in the Bitcoin market landscape.
BITSTAMP:BTCUSD
by BREAK-impossible
Bitcoin: Quick BreatherSpeculations I believe Bitcoin is coming due for a "steep" correction but not in an unload your wallets and get out of the game kind of way. It has rallied hard over the last few months and despite experiencing significant increases in value, Bitcoin's volume has slowly dwindled. It is for those reasons and -- more in the following paragraph -- that I believe Bitcoin will most likely see a drop to around $35K. Trend Analysis On the 1D and hourly charts, I have drawn out a symmetrical triangle (yellow) that envelops the $35K support which rests around the 61.8% Fibonacci retracement level. I utilized Fib retracements in both the up and downtrends to find what I believe will be a reasonable bottom; the downtrend Fib levels place 61.8% too low in my opinion. Bitcoin's current value is consolidating within a smaller symmetrical pennant (white) and appears to be on the verge of breaking down. Using the volume indicators and Fibonacci levels to support my theory, I believe that selling pressure will increase as we approach the Bitcoin ETF decision. I think that many traders will exit their positions out of fear of an ETF rejection which will cause a cascade to the 61.8% Fib level. Speculative Projections Because of the crypto market's overall bullish sentiments, I feel comfortable projecting a double bottom pattern that may develop within the symmetrical triangle. However, once an ETF decision has been made I don't believe the current patterns will remain valid. I am expecting that there will be a premature breakout or breakdown at this time.
COINBASE:BTCUSD
by Shepherd_Investor
2
Bitcoin Top and 27% Pullback Likely To $32k Support?Looking like Bitcoin topping out here and in need of refresh and retest of lower support. Since BTC commonly has 25%-27% pullbacks to support, this is looking more like a 'Sell the News' setup for when the BlackRock ETF likely gets approved in early January. For this rally to sustain and hit our higher projections of $100k, $155k, or even $210k, Bitcoin needs to retest support around $32k level in my opinion. At least a pullback to $38k before resuming the push higher to the FWB:48K - $50k Golden Pocket. What do you think Bitcoin goes next?
Short
by BrettFogle
Severe short term downside risk in BitcoinTransaction fees have reached surreal levels in Bitcoin with almost 17 Mio USD spent in transaction fees daily. Although there is not a direct correlation between transaction fees and the price of Bitcoin periods with high fees usually, sooner or later, resulted in a negative price reaction for Bitcoin. At this point I would not be surprised to see a price reaction down to 34,000 to 38,000 USD short term! Long term I am still very bullish, but the short term risk is (for me) evident at the moment. So better be careful with using leverage for BTC long swing trades at the moment.
INDEX:BTCUSDShort
by CryptoForMoney
BTC Macro UpdatesBTC make perfect Bearish Shark at 35900$ as i have already share chart regarding this. As you can see BTC spot has no volume since March as mentioned in chart. It is just manipulation and grapping liquidity According to onchain analysis Upside liquidity has been grab almost 1.5B$ has been liquidate.Everyone is bullish now which means big move is coming.This senerio is remindering about recent crash when BTC touch 50k$ from 30k$ in May 2022. Becaregul with your trade on larger tf. Trendline has also been broken and just retesting here. If BTC cross 37000$ with full candle it will invalidate this pattern. This is macro analysis based on weekly tf. If you like this kindly follow me and like this Idea Thank you
Short
by hamzashabbir990
6