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Btc-short

Down, Down and Down...I was looking back at the chart for the past couple of days and I noted the similarity between the current chart pattern now and then. There was a small period of small movement before a drop. If the chart follows what happens in Nov 18, we could see a similar trend and BTC making a new low in recent years. However, please note that it was previously at the 6000 levels and now this is the 3600 levels. Although it is probable, there is a chance that the market will move the other direction as well as it is a new low. *This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not meant to be professional advice to ask you to buy or sell.
BITFINEX:BTCUSD
by WorkaholicTan
BTC Range Bound and DownLike the tile says I am looking for $BTC to be range bound to short over the next ten to twenty weeks. $BTC was trapped in this very location back in 2017 where it spent nine weeks and traded from early August to the middle of October before it broke out of its range. $BTC is still holding under the 200 Exponential Moving Average (EMA) where it broke under back in February of 2018 which is significant because $BTC has not been under the 200 EMA since August of 2015. I am using a logarithmic scale on my chart because I have it on good authority that the institutional investors use this type of scale to make technical analysis decisions. Whats the importance of how institutional money uses charting to conduct technical analysis? It's important because it's institutional money that is pushing and driving the market. How can that be, you ask? Well, the crypto space is like the wild wild west. An unregulated decentralized space that's prime for old school market manipulation. Truly a shark's wet dream. Think about it for a minute. Who knew that the CME and the CBOE were going to launch $BTC futures contracts and be given approval to do so? Not many people that's who. The Winklevoss twins knew and many of their friends and family not to mention the top leaders and members of the SEC, FINRA, CFTC, CME and the CBOE just to name a few. It probable took two to three years of work, research and technological innovation to stand up these new financial instruments. Then they partner with Gemini? Why would Wall Street use Gemini's auction price for bitcoin to quote their $BTC futures contracts? Gemini is by far not the best or largest exchange by volume or any other factor for that matter. One could speculate that the twins are obedient servants to the master and will heel at command! Only the top big money traders were invited to trade the open of the contracts launch. How do I know this? When I found out the contracts went live I tried to trade them through my TD Ameritrade account and was rejected so I called customer support and was politely told to pound sand up my ass because my money was no good at the bar! That's when I realized that some of the investors that we invited to trade it first were like cut bait and just there to provide equity for the sharks. You know how the old saying goes right? If you look around the table and you cant find the mark then the mark is you. This also helped me avoid getting caught up in the FOMO and getting trapped in positions where I would have to DCA like crazy just to get back to break even. See this old pump and dump has been around along time and it goes back tens of thousands of years. It's human psychology and the Oligarchy are masters of that psychology and the manipulation there of. If you go and look at the CFTC commitments of traders reports you will see the smart money was heavy short from jump street and are still heavy short. Add that information with the massive advertising campaign that started back in August 2017 and led up to the contract open and you have a classic boiler room pump and dump. Which was also perfect timing to get paid just before Christmas. I'm sure that in the small circle of the Oligarchy the Christmas of 2017 will live in infamy. You can relate this back to the Bugs Bunny Cartoon's. If you can't beat 'em, join 'em! The Oligarchy realized the power of Bitcoin and the future implications that the loss of control over the established monetary system would have on their way of life and their suffocating choke hold over humanity. They realized that the spark had already been lit and the revolution is on! Since they were not invited to the party they devised a plan to slow the train down long enough to jump aboard and ride to uncharted territory. They paid their whores well just look at the twins and others like Jamie Dimon and how he sold that ass like a dirty gutter slut! Yea I said it Bitch! The institutional money (Sharks, Whales, Oligarchy) have been buying physical $BTC since they made the decision to launch Bitcoin Futures contracts over three years ago. When price peaked over $19,000 they were taking profits selling physical $BTC on the exchanges and shorting $BTC futures contracts via the CBOE and the CME. The $BTC price back in 2015 averaged around $250.00 a Bitcoin. That's the primary reason Bitcoin could fall back between $1,000 to $1,500 because there is no big money to defend price until much lower levels. One week after the $BTC Futures contract opened on December 19, 2017 there were 828 contracts long compared to 2,199 contracts short. The 828 long's were controlled by 18 individual traders compared to the 2,199 short's that were controlled by just 9 individual traders. This correlates perfectly to market statistics that have proven year over year that the majority of traders loose money and the masses are generally wrong. The point of my post is to say that personally I will be moving forward with caution. I will be watching the CFTC's Commitment of Traders weekly reports and waiting for a change in Relative Volume (RVOL). As the chart shows big moves are signaled buy spikes in RVOL. We are still in a active pattern of short pressure signaled by the recent spike in RVOL on the bear candles that I have illustrated above. Stay safe Crypto Soldiers and keep the faith because this is the future of money and they know it. They are riddled with fear each and every day because they know the gig is up and its just a matter of time until mankind unites and overthrows the taskmaster! Power to the people, all people. Viva La Crypto! Disclaimer I do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor. All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. I will not and cannot be held liable for any actions you take as a result of anything you read here. Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise. The above statements reflect my own views, ideas and opinions and are not not a production of my employer, nor are they affiliated with any broker/dealer or registered investment advisor.
COINBASE:BTCUSDShort
by dipdizzywizzle
2
BTC BULL TRAPThe Carnage isn't over yet, its only just begun. BTC is displaying massive HIDDEN BEARISH DIVERGENCE (HBD) Bounced perfectly off a double bottom, and ran straight into the confluence zone (C.Z.) (marked with the 0.382 and 0.618 fib level) pushed through then was swiftly rejected. Price tried the retest, but that was also rejected. From the top of the range ive drawn a box to the C.Z. then coppied it and placed it from the C.Z. down and it gives a predicted price of 2861.4, the HBD is also an indicator that we are going down. In this chart there is a formula for calculating pride predictions with HBD and Ive backtested it with previous price (please not its not precise to the cent and should only be used as an estimate) In this chart there is also 2 x HBD and ive used the formula again Now that youve read it all go back and look at 3121 in the chart at the top, hence the box ;) Time will tell how this plays out!
BITMEX:BTCUSD.PShort
by The_Fib_Kid
BTC/USD indicator say $3000k?As can be seen on Bitcoin's monthly chart, the indicators still need to descend to the bottom, and if you draw a parallel with the beginning of the indicator and its current position, then the indicator still needs to go down by 58%, which in the price range is equal to the price of $ 3000-3100. But we also went above this mark, which could mean either now, or catch the price of $ 5000-3000, but MACD say SHORT! You can find a top inside new at www.dabinside.com this platform the first or at telegram channel: t.me
BITFINEX:BTCUSDShort
by Mrmoney7_7
1