Downloading...
Download

Btc_usd

BTC is asking for a divorce !!Here's one way to put it, BTC is the boss, and the boss doesn't follow charts or trendlines, we use them to translate his moves. I would say that we are entering the unknown, so what can you do ? Make sure you don't regret, of course BTC could reach 31k in the worst case scenaio but it is a matter of time until we truly know. Time is on our side so today I decided to take a step back and enjoy the view, look how high the price is. Lets remember, it is not about the price, it is about how much we bought along the way !
BITSTAMP:BTCUSDLong
by innocentBearWantingBull
1
We are Officially in a Bear Market | 2021-2023 (imo)Since as recent as early 2020 (a little over a year ago), we've seen MASSIVE gains in amounts of 1,000%+ In my opinion, I think it is time for Bitcoin to cool off for 1.5-2 years. Based off the OBV, RSI, and many other indicators we are seeing clear signs of a potential multi-year bear market. The OBV (for the first time since the last massive crash in April) had just recently (yesterday: 11/16/21) crossed below its local big support. The RSI on the daily and weekly time frames are showing clear bearish divergences. Fundamentally, we are seeing signals from the richest people in the world in regards to a potential hyper inflation scenario + "The Mother of all Crashes" that could potentially occur. Notably, Elon Musk is currently selling $TSLA stock like a mad man. In my opinion, I think it is pretty clear his social media posts were just an excuse to sell more "to pay his taxes", but really, because he may think we are going into a multi-year bear market, which will save him tens of billions (think about that...) Ultimately, this is an amazing opportunity for everyone, whether you are broke or you are Elon Musk, to accumulate as much wealth possible before the next bull cycle. In my opnion, I think the next bull cycle will begin in early 2023 and end in late 2025-early 2026. Good luck everyone and make sure to comment below your thoughts. If you disagree please let me know why. I am very curious to see why some people may be bullish right now. Best, Matthew Park
COINBASE:BTCUSDShort
by UnknownUnicorn9845168
8
It's about to go down... But hear me out !It's about to go down... But wait, before leaving this post, hear me out ! We bounced to the downside as predicted in the last post, we are now heading towards the 53k level, but before this, someone is waiting for us, the 75w EMA that might be a minor resistance which we might break through to then bounce on the 100w EMA. This one too might not be enough and I suspect we are doomed to head towards that green box which depending on the time we reach it will make us move to the upside as we ride the red trendline and hover the bull market support band.
BITSTAMP:BTCUSDShort
by innocentBearWantingBull
3
BTC UpdateAfter breaking out of a rising wedge on the daily, BTC found support at my 59,311 level but is being resisted by 61,211. I'm glad I was able to warn some people with my "cation BTC fake out" post. Subscribe so you don't miss out! This price action is resulting in a symmetric triangle which is usually a continuation pattern of the previous trend. We are in an obvious downtrend. But have major support between 57,500 and 58,100. Will it hold? If not than my previous idea seems very likely!! Check it out and support my work if you find this content useful. Best of luck!
BLong
by cryptoideas
💱BTC- Current situation, my assumptions and potential playoutI have been playing around a-b-c-d-e scenario and I still consider it an option, however todays dump made me put thing into perspective. Everyone's going crazy right now, some are making 100k calls, while others expect 50k dump so I just thought I'd share my view on the current situation. Assumptions: - As long as the price remains inside the channel, its upper and lower trendline are the most important levels no matter what - If the price breaks above 63750 and forms a local higher high(ideally >66387) I would assume that wave "E" is still in play and it invalidates the scenario of further correction - If the price gets rejected from 63750 I would assume that this is the end of wave "b" and start of wave "c" - I assume 0.382(57817) won't be a bottom for this correction, because this level was already touched during this push, and it simply wouldn't make sense to end the a-b-c countertrend at the level that previously acted as support during this wave . It wouldn't fit an expanded flat correction type either. - I assume the price won't go as low as previous swing high (52967) because the 4th wave shouldn't go as low as wave 1 high - Therefore potential bottom of this correction could be between previous low and 0.5 fib retracement - The current level is where 50MA(1d) is, and this moving average was very respected, acting as strong support all throughout the 2020 run - The overall volume on daily/weekly chart is FREAKING AWFUL . It makes me think BTC needs a deeper dive to attract more buyers and if we won't see an increase in volume soon, this would make me think there's just not enough interest in this asset to keep pushing the price higher (meaning the run is over) Those are the assumptions I'm gonna play by, feel free to share yours in the comments!
BITSTAMP:BTCUSD
by V0VOLAN
BTCUSDT Possible Trend Reversal? As the broader Cryptomarket has bled through the last couple of days, I noticed something. On the weekly BTCUSDT chart, the 28MA and 50MA are converging, and if BTC bleeds for another week or two it looks like they might cross. 28 weeks ago BTC was trading around $58,000 , and the next week BTC started the big dump of last summer. 50 weeks ago BTC was trading around $18,750, and two weeks later BTC started it's big breakout to new ATH's. This simply means that the 50MA will start to move higher faster, while there's a big chance the 28MA will fall, especially if BTC were to bleed further in the coming weeks. I'm not saying this has to be the end of this market cycle, but since january 2012 the 50MA hasn't crossed the 28MA without a major bear market following after. With the volume also steadily decreasing in the last couple of weeks, it doesn't seem like momentum is in the bulls favor. Looking at BTC's dominance, it seems like BTC.D is looking to break-out, which would make sense in the event of broader market downside. I think BTC will touch the bullmarket support band in the coming days, which currently is just around $52,000 , but what's more interesting is where we will close this week.
by Pacho73
1
BTC - short term price actionBTC is in some kind of small consolidation after breaking out from previous triangle. Until we see RSI trendline breakout, new highs for BTC are postponed (notice bearish divergence too). As support, I'm watching 21 D MA + trendline. Next level, if 21 D MA is lost, is 58k + Anchored VWAP (upper blue line) as good buy opportunity. Lower blue line is Anchored VWAP from 30k lows which will act as strong support along 52k weekly support region. It may be reached if some strong dump occur with big wick even in high 40k region (I would target 48k as bottom in that case). If you like analysis please consider leave a like or comment! Thanks :)
BITSTAMP:BTCUSD
by Philippe_0x