Bitcoin 4h Price Outlook for 09-10 July 2021So, what is wrong with Bulls?
Hopefully btc bulls will defend 35k and bounce prices higher. But if bulls fail to overtake, bears will take lower and shoot prices in low 30000-ish.
Xbt
This is how Bitcoin gets to 125k.thought i'd get this to you all before the real fun begins.
i do believe we're nearing the end of this wave (a), and we will soon begin wave (b) - nicknamed the suckers rally. newer investors who attempt to play with leveraged longs will probably not sell in time and create a nice liquidation event on the way down. most people develop some sort of emotional attachment to their trades and get stuck to a single outcome. the markets moves both ways, and we can make money in either direction with the proper setups. i've been catching high leverage short swings these last couple of weeks, and have accumulated quite a bit of fun money that i am willing to risk on this wave b.
i think wave b is going to be a parabolic move and will catch so many people off guard once it reverses \ has a parabolic move down. markets will go from mass euphoria to mass despair in a matter of days, and that is when we become buyers for the real run to 125k. i have outlined my overall bias on the history of bitcoin in this post:
i am not sure what will happen once we tag that final fifth, but i sure as heck am selling all of my longs from the low 20's once we get to the psychological level of 100k. i know that i am looking pretty far ahead into the future, but historically bitcoin has been the most algorithmic asset in all of the lands, and tends to tag every single algo target near perfectly.
i don't know anything about fundamentals, all i know is the charts - so thought i'd put it out there. a lot of people are expecting btc to go straight up to a million, so i am here to say that it's not going to go straight up as most expect, since the markets move in phases.
stay educated, stay well, and trade safe you beautiful people.
💸✌
btc shorti'm 11x short from 32,900, will add if we make it to the 0.382 (32,233)
sticking to this as my primary.
with markets about to roll over, i will continue to update this as we move along.
stay safe ladies and gents.
outlined this main scenario very articulately in last nights post:
Bitcoin | Bulls Defending the 30k Horizontal Support..!!#BTC (Update)
In Daily timeframe Chart, Bitcoin is Still Moving inside the Falling Wedge & Above the Major Horizontal Support (30k)..
RSI (Relative Strength indicator) has Also been Moving Below the Trendline from last 6 Months..
If Bitcoin Remains Above the 30k Horizontal Support, Bitcoin gonna Bounce Back Anytime 📈🏄♂️
In Worst Case, If Daily Candle Closed Below the 30k Horizontal Support Area, Next Stop would be 20k 📉
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
The real bull trap.this resonates very nicely with the bounce in the market in the days ahead, before the huge drop.
shorts get liquidated, and we capitulate upwards, before the final drop to the mid 20's.
i went 14x long at 32,100 as a leap of faith.
have 20x orders layered down to 31,700
pray for me Lol
ps. we will drop hard after this move (if it happens), harder than you've seen before.
bitcoins bigger picture.Lots of people are projecting for us to go sub 20k
Let's talk about why i don't think that's going to happen. In the history of Bitcoin, it has never, not once surpassed it's previous bull run high, as that would completely invalidate everything. Therefore, this is my primary longer term outlook on this coin, and in my opinion, the highest probability as of right now
If we do take out the previous high (19764.51), in my honest opinion, i think it'll be game over for crypto.
ps. bookmark this post, and let's talk about it in the future.
Bitcoin Next move $50000 or $29100 ...?#BTCUSDT Update:-
#BTC currently trading at $34600
And now again trying to breakout strong resistance $35300
Hope this time break out.
If breakout this time then my Target will be $50000
Otherwise ready to $29100
But Keep in mind below $29000 #BTC will entered in Very bearish zone.
Keep an eye on BTC price.
Support:- $33300/$29100
Resistance:- $35300/$45600/$49700
Please click like button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Bitcoin (BTC) • It's all about volumesIn this video I do the normal routine. Talk trough the trends, volumes, some technical levels based on price, FTX and Deribit Futures, Perpetual Swaps v Spot Basis, Funding Rates, Open Interest, Liquidations, Bitfinex Long/Short Ratios and volumes on CME and BAKKT Futures forward contracts.
More reasons to be bullish than to be bearish at the moment but at the end of the day... the trend is you friend.
Now is time to pay attention to what is going on in the lower timeframes as it will affect the Daily and push the weekly/bi-weekly out of bearish waters. Breaking the 36-37k is particularly important.
my primary btc countlet's consider for a moment that we're in a 1-2 1-2 formation down here.
that would put our first w3 target at 38~39k
second w3 target would be at 44~45k.
w5 target = 52k
ps. this is one of many scenarios that i am seeing right now, so take this as you will. i am not bearish, nor bullish anymore, merely neutral until we figure out what is going on.,
Bitcoin Grand Cycle Ewt Analysisfrom the beginning of time, until today, btc has surprised us all.
that being said, let's talk about what i'm seeing here.
wave 5's tend to end in a nice wedge, or an ending diagonal kinda formation.
the wedge we're currently in is reminiscent of this potential scenario.
we're currently at a critical point in my opinion, and this wedge must hold, otherwise things will get messy very quickly.
this is one of many scenarios that i am seeing, and i am happy to share them all with you guys.
ps. i am not taking anymore crypto trades for awhile, until we get a concrete direction.
"the unpopular opinion"i posted this idea way back in march:
and i just wanted to touch base regarding this outlook, and how we would potentially get down to the said target.
this isn't my primary count, but it was the first one i had ever seen while we were at the highs.
take this as you will, and understand that there are so many possible scenarios, that the only possible way to figure out what happens next is to have immerse patience, and to allow for whatever moves to unfold - before confirming any single bias.
i am not bearish, i am not bullish - i am neutral as of today, and i will not post another outlook until we have some stronger conviction and direction in the markets.
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have a blessed monday, and may you attract infinite abundance into your world ⭐
🐋 Bitcoin Prepare for Buy 04 July 2021 🤨Price of bitcoin sloping in range further. Bitcoin went up today for +2.33%, which is in regular deviation.
Looks like price don’t want escape this price range for some reason. Price stays in tight bound of 37000 and 32000. This zone is not comfortable for trading, but it's creating a lot of opportunities for scalpers and daytraders. Sweet spot for whale feeding.
I am looking forward next days to see another dipping in and pullback towards selling zone.
Further buys will be revealed in upcoming updates.
Don’t underestimate the size of the real whale out there. It might chew everything on its way.
stay safe
Best regards
Artem Shevelev
2h btc analysisIt is moving in two channels at the same time. Shorter channel failure can have a price fluctuation and longer channel failure can determine the general trend of bitcoin movement.
#BTC difficulty adjustments over -15% as bottom signals#BTC difficulty adjustments over -15% as bottom signals
Bitcoin Bullish Divergence and Bullish HopesHello dear community, here is briefly covered Divergences topic on Bitcoin.
Divergences on RSI is one of my favourite trading signals.
Bitcoin Bearish BatPrice stays in the range. I see Bearish Bat pattern with approx. target 29500$ within next couple of days.
BTC SHORT IDEABTC SHORT IDEA. WE SHOULD ALL BE IN OUR BTC SHORT BY NOW. THESE ARE THE 3 MAIN LEVELS I EXPECT BTC TO TOUCH BEFORE CONTINUATION UP. I WILL BE HEDGING ON EACH PT AREA AS I STILL EXPECT SOME SORT OF BOUNCE FROM WHERE PROFIT ON SHORTS IS TAKEN. I WILL BE CLOSING ALL MY SHORTS AROUND THE 3RD PT AREA AND HEAVILY ENTERING LONG POSITIONS. STICK TO WEEKLY AND MONTHLY TIME FRAME AND YOU CAN NEVER GO WRONG. ENJOY!
