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Btcusdtshort

BTCUSD - Bitcoin's global uptrend is complete.BTCUSD - Bitcoin's global uptrend is complete. the global uptrend on Bitcoin (BTC) has come to an end. This point of view has caused an active discussion among traders and investors, especially after key support levels were broken and the market entered a prolonged correction phase. The main arguments of the “wave-watchers” Completion of the 5th Elliott Wave According to Elliott's theory, the global uptrend consists of five waves: three impulsive and two corrective. Some analysts argue that the fifth wave ended at Bitcoin's all-time high around $69,000 in 2021, after which a long correction cycle began. ABC-shaped correction development After the completion of the fifth wave, the market may form a correction in the form of three waves (ABC). Bitcoin's current dynamics, including the price decline in 2022, is seen as the realization of this correction structure. Loss of key support levels Levels that used to serve as strong support (e.g. $30,000 and $20,000) have been broken. This reinforces the view that the market is already out of its global bullish trend phase. Declining institutional interest Many large investors have slowed down their investments in Bitcoin, which also indicates a possible downturn in the long-term uptrend. What to expect next? Wave structure The current correction may be temporary and the market will enter a new phase of growth (the beginning of a new cycle of waves). Key levels to confirm the trend If the price comes back and consolidates above $30,000-$35,000, it will be a strong signal of bullish trend continuation. A move below $10,000 could confirm the end of the global uptrend. Long-term outlook Bitcoin is still an attractive asset to hedge, especially given its limited supply (21 million coins).
CRYPTO:BTCUSDShort
by Trade_Hive_Signals
1
BTC 1h updateAt 9 AM on December 13, the market established a balance. I'm anticipating the price to approach the resistance level at 100,480. At this point, we might experience either a false breakout or a genuine breakout. If a reliable upthrust occurs, it could present a favorable entry opportunity on the 5-minute chart. It's important to note that a spring pattern formed at the support level at 9 AM. Additionally, selling volume has been slightly lower than buying volume, and the approach to resistance has shown moderate strength. Let's remain patient and observe how the situation unfolds.
Short
by MrXade
Bitcoin will go DOWN by H&S Pattern!!!Bitcoin ( BINANCE:BTCUSDT )started to rise after every positive news over the past days, but then started to fall again . Did you see the negative news that did not come !? Bitcoin is moving in the Support zone($95,600-$93,200) and Descending channel . The rise and fall of Bitcoin over the past 5-6 days has managed to form an Head and Shoulders Pattern . (in terms of Classical Technical Analysis ). Since BTC.D% ( CRYPTOCAP:BTC.D ) started to fall from the Heavy Resistance zone(63.30%-57.10%) and after breaking the lower line of the ascending channel , we can confirm that Bitcoin's dominance on the crypto market can end for a while. If the cryptocurrency market wants to have a correction , Bitcoin can experience a further correction. If the crypto market wants to experience an increase again, we can say that we have entered the Altseason .👇 I expect Bitcoin to fill the CME Gap($93,835-$93,720) AFTER breaking the Head and Shoulders Pattern's Neckline and Support zone($95,600-$93,200) and then decline to at least the H&S pattern's target(around $91,000) . 🙏Please respect each other's ideas and express them politely if you agree or disagree.🙏 ⚠️Note: If Bitcoin goes above $96,800, we can expect Bitcoin to rise again to the resistance lines.⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
36
BTCUSDT Analysis: Short Opportunity Targeting $95,093 Overview: BTC is currently demonstrating weakness as it fails to hold above key levels. The recent rejection around the previous session’s POC and the inability to sustain above critical moving averages signal bearish momentum. A short position targeting $95,093 appears highly favorable given the prevailing market conditions. Justification for the Short: 1. TPO Analysis: • The visible TPO structure highlights weak buying support in the current session. The price has consistently failed to establish a solid value area above $96,178, indicating that sellers are dominating. • The lower TPO levels below the $96,178 mark show thinly auctioned zones, suggesting that the market is likely to revisit and fill these inefficiencies. 2. POC Rejection: • The rejection at the current session’s POC aligns with the bearish sentiment. The price was unable to reclaim this level and establish new value, reinforcing the downtrend. • The TPO suggests strong resistance at $96,390, which further validates this bearish bias. 3. Moving Averages Breakdown: • BTC is trading below key moving averages (marked in orange and pink), which are now acting as dynamic resistance levels. This signals that the bears are in control and a downside continuation is likely. Also a death crossover on the benign 4. Prior Analysis Nullification: • While earlier BTC analysis leaned toward recovery, the failure to sustain momentum nullifies that outlook. The recent bearish reaction at key levels indicates that sellers are overpowering any attempt at bullish recovery. 5. Volume Profile Confirmation: • The volume profile shows a sharp drop-off below $96,178, with low-volume nodes extending toward $95,093. This indicates minimal buying interest, paving the way for a swift move to the downside. Key Levels: • Resistance: $96,390 (POC), $96,178 (recent high TPO level) • Support: $95,093 (Target and next major TPO base) Trade Idea: • Entry: Below $96,178 for a conservative short. • Target: $95,093 (value area and next major support). • Stop Loss: Above $96,390 (rejection point). • Risk/Reward: Favorable due to clear downside levels and TPO inefficiencies.
Short
by MastaCrypta
Think Outside the Box BTC! / Next staion 60-62KBINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 📝In this post I will track the BTCUSDT movements as long as it stays inside the Box. The market has reached the end of its suffering range. Until Monday, the price of Bitcoin can rise to the level of $61K-$62K. After that, if the buyers support and the price breaks above the $63K level, the green scenario will be activated, and the price will return to the ceiling of the box. On the other side, bearish resistance at the $61-62k level will push Bitcoin price down to the initial target of $55k and then $52k. 📡Please share the analysis posts. 💌Thanks for your support and energy.
Long
by CrazyS
Bitcoin Roadmap==>>Correction SignsBitcoin ( BINANCE:BTCUSDT )is moving near the Upper line of the Ascending Channel and Potential Reversal Zone(PRZ) , which acts as a Resistance line . According to the Elliott wave theory , Bitcoin has completed main wave 5 with the help of Ending Diagonal , and we should wait for Corrective Waves . Note ( Education ): The Ending Diagonal is the Rising Wedge Pattern in terms of Classic Technical Analysis . Also, Regular Divergence(RD-) between Consecutive Peaks in MACD and RSI and Volume Indicators . Note : Since trading volume is usually low on Saturdays and Sundays , we can expect the main corrective movement to happen at the beginning of the next week . I expect Bitcoin to have a corrective trend in the coming week , considering that there are attractive volumes for liquidating long positions at lower prices , as well as the technical analysis that I talked about above. Of course, from November 13 to November 15, important indexes will be released from the USA(Core CPI m/m, CPI m/m, CPI y/y, Core PPI m/m, PPI m/m, Unemployment Claims, Core Retail Sales m/m, Retail Sales m/m) , which can impact Bitcoin's main trend . ⚠️Note: We can expect more pumps if Bitcoin breaks the Potential Reversal Zone(PRZ) ⚠️ Bitcoin Analyze (BTCUSDT), 1-hour time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
57
Bitcoin Falling Again==>>Short-term!!!Bitcoin ( BINANCE:BTCUSDT ) is currently moving near the Resistance lines and in the Resistance zone($69,580-$68,800) . Regarding Elliott's wave theory , it seems that Bitcoin is still completing Corrective Waves . The Structure of Correction Waves looks like Double Three Correction(WXY) . I expect Bitcoin to Go Down at least Cumulative Long Liquidation Leverage after breaking the Uptrend line . ⚠️Note: We can expect more pumps if Bitcoin can break the Resistance zone($69,580-$68,800) .⚠️ ⚠️Note: The American elections and the tension between Iran and Israel can easily change the scenarios of Bitcoin: if the tension between Iran and Israel increases, we can see the fall of Bitcoin, and if Donald Trump does not succeed in the US presidential election, we can see the fall of Bitcoin. And vice versa.⚠️ Bitcoin Analyze (BTCUSDT), 15-minute time frame⏰. 🔔Be sure to follow the updated ideas.🔔 Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Short
by pejman_zwin
19