I am hoping that BSV / BTC breaks through this trend line to the downside. If it slides along the trend line, it won't hit the bottom until June I think I am shooting for a target for BSV / BTC now. Now this has really nothing to do with the BSV / USD price. The reason for this is the price of BTC . View live BITFINEX/BTCUSD chart to track latest price changes. Trade ideas, forecasts and market news are at your disposal as well. BTCUSD There was a lot of bad news yesterday, things started to fall. The main part was sold, a good fall is expected, many opened short. It is not yet profitable for big players to see BTC go down. In the .
Btc bitfinex tradingviewBTCUSDLONGS Charts and Quotes — TradingView
Time is getting closer. BTC did not do what we expected. Price entries are off the table at this point. BTC will have another pullback. This must be all the wallstreet people. I don't really care what it does. Maybe a week or 2 lower, but we are good to go so far. I want to see some divergence here if possible. Everyone thinks it's a scam. No new CSW revelations are coming. No new CSW lawsuit information until next year. Coingeek conference was literally the same exact conference from 6 months ago.
All other altcoins are making new lows. I think we could get some true capitulation What's more is we have a weekly and monthly given today is the 1rst of November closing candle below the lower trend line. Will there be follow through of a fake breakout. Ending diagonals usually end in fake break outs so this is a very low risk trade.
If it slides along the trend line, it won't hit the bottom until June I think I am shooting for a 0. BSV may be ready to go again. Longs got low. We've seen them rally when they get this low. MADC shows the first signs of changing direction.
RSI is at its lowest oversold moment. Let's see Last time the total of positions in the market both long and short,with just bitfinex considered was that low was July '19 and btc started its decline from 13k to 6.
True that thera has been a serious outflow of btcs from exchanges in the last quarter and the data can be affected by that, but still the value is really low wouldhave Its level is excluding hodlers that are long by definitions and do not trade the trend meaning that for each long position there is 1 short. Total uncertainty among market participants. Shorts are at their Hello, here to show the second part of the idea to identify the general trend before going in details for shorter terms strategies.
Read the related idea in the link below if you want to learn more about the ratio and don't forget to like and comment as it helps me to understand if you appreciate my contents and what to focus on So, starting from the main Volume trails here no much more.
Videos only. Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle.. Price broken triangle but need to close above green line and same time Green line need to hold as support..
However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. After trying to attempt this support area we started seeing a nice uptrend. This resistance area marks a critical resistance target. If we close above , we can expect The infamous "Then they fight you" phase started!
Merry Christmas. BTC is facing resistance along the 0. Bitcoin hitting top bolinger on 15 min.