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Btcdump

BTC Dominance Taking a dump!BTC dominance is falling more and more while the altcoins start to perform hot, especially Ethereum! We continue to make lower lows with us hitting low 42% dominance, came up a little bit since then but looking very bearish. However i do expect a short term bounce off the 40% dominance level due to it being strong historical support. Looking for a peak for alts around 35% BTC dominance. We are getting pressed down hard by bearish ichimoku clouds, with us starting to point even more straight down. RSI Continuing downwards sitting in the "oversold" zone which doesn't really apply to dominance but keep in mind for us to be in a confirmed uptrend we need to see the RSI Climb above that 50. point and stay there, so we do have quite some time before that happens. Not financial advice just my opinion!
CRYPTOCAP:BTC.DShort
by JacobR905
Update on Bitcoin record $8000 dump!I have been observing BTC making this rising wedge in 4h and 1d charts. Even though this pattern is bearish-biased but many analysts were talking about this rising wedge to break upwards because of Coinbase IPO but as BTC approached $64k All-Time High, the Turkish Government announced to ban cryptocurrency payments. BTC Dump was expected but wasn't happening which shocked the world and relaxed retail buyers in the market to open long positions. Unfortunately, BTC was "artificially" stabilized by the big investors. Now, they sold BTC and later longers were punished today in the form of liquidation as BTC dumped from $60k to $50k! Now, as this dump broke BTC's multi-month support trend line of the rising wedge, we need to look at bear price targets in the frame. BTC Daily Candle should close above $60k to move up otherwise, we can expect a $47200 mark. But if this level breaks, BTC can roam about $42-44k price BUT LET'S WAIT FOR A FEW 4H CANDLE CLOSES TO DETERMINE WHERE ARE WE GOING. Just to remind, here is the chart of the weekly rising wedge which BTC was forming and broke it downwards after achieving a $62000 All-Time High. What do you think? Share your feedback in the comments. Muneeb
by syedmuneebali
3
why crypto will be making new millionaires in 2021 ?!! when I just entered the field of trading crypto since 4 years ago and I was just a silly beginner , I was asking myself how these people are making such massive money 2,4,20 and 100X, are they scammers or hackers, what's going on with them? I found that the main reason that make alts move is the BTC. As a beginner u can think that when BTC goes high it will be good for alts and when it goes down it will bad for alts, and by the way that's not wrong, however it is not the full scenario, you are just trying to get conclusion when alts go bloody and as beginner that's not bad at all. let me tell u the full situation, once the BTC.D goes down on short term market is bearish, however it is completely good indicator as bullish signal for midterm reference, so what we are facing right now is completely correct and indicates that we all gonna be reach within 2021 ! what I would like to say, That it makes sense to open Binance coins list and see most of alts +50% , why?? cuz BTC.D is sinking and will still be sinking which is definitely amazing indicator. we are still bullish and I'm buying more, don't ever be frightened on the wrong time, support levels as per the chart indicates that BTC.D is going down and down maybe this year we gonna see 35% - 40% BTC.D which will make $1000 LTC - $200 NEO - $100 link - $250 polka and $6000 eth. I'm just giving examples that it is not impossible at all to see these numbers within 2021 and make sure to be patient , hodl until we can see reverse YOU WONT STOP MAKING MONEY UNLESS U SELL WITHOUT REASON !! ( FEAR)
CRYPTOCAP:BTC.DShort
by BTC-fire
14
Almost time to DUMP YOUR BTC Bit of a clickbait title... (I still believe Bitcoin price will rise - just to clarify) Based on the BTC Dominance chart it is my opinion that the Altcoin market is about to greatly surpass the growth in bitcoin, this means that finding undervalued Altcoins will likely be much more profitable than holding BTC. If you saw my last post about XRP, I believe it is incredibly undervalued and will outperform most of the market from this point onwards, just like it has in the past Alt Seasons. Other coins that I personally believe to be strong projects and are also incredibly undervalued are Algo, HBAR, ZAP. Do your own research, check out the projects for yourself, don't invest more than you can afford to loose and don't take life too seriously... Have fun out there :)
CRYPTOCAP:BTC.DShort
by Cteare1
BTC: H&S Still On TrackGood day to all profit makers! If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you! - Possible head and shoulders on the 4H - Previous idea is still valid - We have hit the 49k and got rejected. - Consult the chart for more information. - Note: - This is just my current idea. - I am not a financial advisor! and this is not financial advice - There is always a huge chance of different patterns taking shape in these ever-changing charts. - My views and charts can and most probably will change! - I can be 1000% wrong! - Trade responsibly. - Be focused. - Have a plan. - Stick to the plan. - No FOMO. - Take the time to study YOUR own charts and come up with your own ideas as you are going to trade with your money. - Never trade what you are not willing to lose - Remember Stop-loss is your friend. - Smile! - Good Trading and Good Luck Based on the previous idea If you find my charts useful please consider a follow and a thumbs-up as it motivates me to share and grow with you!
Short
by dstvst
BTC/USDT DUMPgood morning, low daily volume at this very moment is passing through the rejection zone with little hope I believe that if you stay above 48800 there is a chance of continuing high, but if you do not overcome the rejection (blue line), and reach the point of attack of the bears (red rectangle with bell) we can see a dip (black arrow) up to 40k and may encourage a more aggressive downward movement up to 36 (blue horizontal), which is a great point for the start of a big upward movement, if a more aggressive low does not occur the reversal point for a new high would be between 41 and 38k.
by Dktrade
2
BITCOIN BACK TO 21.000?!?MY BITCOIN PREDICTION -Today we saw a manipulation of market after Elon Musk updated his bio on twitter which says "bitcoin" . -This is my prediction for bitcoin in following days. My first target is 25.500 and the second target is 21.500 if we don't break the trend line . -We can clearly see that 2 trend lines were broken and both has been tested and fib levels 78,6 and 61,8 were rejected. -we can also spot w pattern on bearish trend line STAY SAFE AND TRADE YOUR ANALYSIS!!
BITSTAMP:BTCUSDShort
by Cognitiq
1
BTC big Breakout Coming!!!!!!BTC Important Update!! BTC About To Reach The End Of The Triangle In 1H Chart(S.T) ..So There Is Two Different Chance For Now. First One (Breakout): If BTC Any 2H Candle Close Above 15400$ Then Next Target Should Be 15800$ -16500$ And BTC Will Make A New Yearly High.. Second One (BreakDown): If BTC Any 2H Candle Close Under 15100$ Close Under Then We Have 2 Support In Short Term..First One 14600$(Weak) Second One 13900$(Strong) ⚠Warning : We Have A Great Chance For A Fakeout..(Ex: BTC Can Dump Till 14900$ hen Again Pump And Reach 15800$+ ) Best Regards CSS Team
by CSS_Team
2
ONE FINAL DUMP FOR BITCOIN! NEXT TO THE MOON?! BTC/USDTHE QUESTION EVERYONE IS ASKING, HAVE WE REACHED THE BOTTOM YES OR NO? IN MY OPINION THIS IS STILL NOT ACHIEVED. HERE'S WHY; CME-GAP: ALTHOUGH WE HAVE ALREADY TOUCHED THE CME-GAP, BUT IT IS NOT FILLED YET. IT WILL LIKELY BE FILLED, IN THE NEXT HOURS / DAYS. DAYLY RSI NOT YET IN OVERSOLD AREA: WHEN WE LOOK AT THE PAST WE CAN NOTICE EVERYTIME WHEN WE HAVE EXTREME DOWNWARD PRICE ACTION THE PRICE BOTTOMED OUT AND TURNED WHEN WE HAVE REACHED THE OVERSOLD AREA ON THE RSI. SUPPORT ZONE AROUND $10100 TO $10500: WE ARE CURRENTLY MOVING INTO THE MAJOR ZONE FROM $10100 TO $10500. HOWEVER THIS IS NOT BEEN BROKEN YET, IT LOOKS LIKE IT WILL BREAK. SIMPLY BECAUSE WE ARE CONTINUOUSLY TESTING THE BOTTOM LINE OF THE ZONE. AND THE MORE A ZONE IS TESTED, THE GREATER THE CHANCE THAT IT WILL BREAK. MAJOR TREND LINE: IT LOOKS LIKE WE ARE MOVING TOWARDS THE MAJOR BLUE TREND LINE, THIS TREND LINE IS ALREADY ACTIVE SINCE THE 2019 DUMP. EVER SINCE, IT HAS SHOWN IMPORTANT SUPPORT. AS LONG AS WE STAY ABOVE THIS LINE IT IS STILL BULLISH IN MY OPINION.
BITSTAMP:BTCUSD
by ADBCrypto