Hi guys there is a high possibility of drop in BITCOIN, You can use this trading setup according to your RISK MANAGEMENT. This is just my idea and It is your responsibility to use it. GOOD LUCK
i am expecting same consolidation between 29k-40k for this month as we are holding on to a strong support and price likely to bounce from here but we closed below 29k this week next target would be 19k and if we continue to hold this support long entries here will be TP around 40-42k . also if we check some indicators RSI we can see divergence and stochs are at...
TARGET 22500
I wanted to show another view on some of the key indicators to make sense of the current market / Bitcoin weakness. Bitcoin is just at the 0.618 fib. retracement level on the weekly from the mid-January 2021 lows. That level is very key to hold. Also the 200 day moving average is just about in sight (about 6% or so downwards only). This is THE make or break level....
Greeting from IRAN to whole trading community 💙✔ BITCOIN started an uptrend since early 2021 , and managed to achieve new ATH in 14th April But after that we witness a massive SELL-OFF in BITCOIN which affected whole market Uptrend has broken and price dropped under 50K Bitcoin dominant dropped under 50% as well that was the lowest spot since 2018 After that BULLS...
Bitcoin - Daily - Trend has turned bearish on bitcoin daily chart since price action took out the higher low of the trend at 50k. Now im expecting a retest of 54-56k to take shorts down to 40k.
Greeting from IRAN to all traders and investors ✔❤ It seems that BTC uptrend momentum is getting weaker I think that the next touch of the ATH zone (about 61.000$) would make us a great SHORT opportunity Do you think new ATH is on the way or we will saw a retracement move?
Unless it can push above $84130 by next week, it's likely done for, at these levels.
Market psychology relabel for BTC, Yes i think that all crypto traders/buyers are useless charlatans. Nobody with half a brain believes you will get rich
i expect btc will test 50k and after that will start up trend again
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity BTC . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it, write...
This is an ongoing short but it can (and should!!) be dumped here, with a vengeance! Here is the previous post;
I'm shorting BTC right at this spot for a move worth 4K or more to the downside.
i believe that bitcoin will have a mini crash in the short/long term. i can prove this because bitcoin has crossed a pivot ring. other tools that prove that bitcoin will drop: fib fan and fib retracement
BITCOIN BROKE IMPORTANT TRENDLINE WHICH I MADE AND ALSO POSTED IN MY LAST BITCOIN SETUP AND AS EXPECTED PRICE REACHED 14K ZONE also IT might CONTINUE TO PUSH UP FEW HUNDRED DOLLARS THEN WE CAN EXPECT A GOOD FALL. ALSO YOU CAN SEE A HEAD AND SHOULDER PATTERN ON MY IDEA. BEFORE THE ACTUALLY BULL RUN WE CAN EXPECT PRICE TO TOUCH 10K AREA AGAIN. THIS SETUP IS...
Bitcoin is showing exactly the same downward pattern that we saw in the first part of the year ... It will certainly repeat the same feat, but now it may be a little worse as this will be the second downturn ... S & P500 turned its face down and Bitcoin is going after it! This will be your last opportunity to buy Bitcoin cheaply, enjoy, after that we will start BullRun !!
We need to close inside the CME future gap. I see BTC falling into the $9k region.