$BTC Only a few people are lucky, don't worry, in reality most people are losing money, those who play with Bitcoin are cut by the rapid ups and downs, and those who play with fake spot are trapped by the continuous decline Bitcoin will return to below 100,000, then you can buy some fake spot, or open a long Ethereum
The entire market has been devoured by Btc.sol.trump. Can we not crash with the altcoins after sucking all the blood? Right now, many altcoins are still lower than their positions when Bitcoin broke 90,000. In these few days, the rise has not been enough to offset the decline.
Most of the smaller altcoins have returned to the starting point of the rise on the 11th, and those who are most afraid of Bitcoin rising should be the ones who are heavily invested in altcoins and trapped. When Bitcoin rises, it does not take them along; when Bitcoin pulls back, they face the risk of a bloodbath. Once Bitcoin collapses, it should be possible to bet on the rebound of the altcoins, especially since they have been halved after more than a month of decline.
On the weekly chart, 6-4, it may take several months; the following months may be influenced by some macroeconomic factors or black swan events that could cause a drop.
Daily chart: The downward move on the daily chart has not yet completed, and it may end around 8-7.3.
After the daily downward move ends, it will continue to rebound upwards, ultimately looking to see if it can break 100,000 and form a larger level increase to 12-15. If it breaks 100,000, then (weekly down, 6-4) will not hold; if it does not break, we will continue down to 6-4 on the weekly chart.
Operation suggestions:
Daily chart: Hold short positions at 10-10.5.
Reduce positions at 8.5, exit at 8-7.5, stop loss at 9.85.
Short aggressively above 11.5.
4H: Short at 9.73, reduce positions at 9.3, exit at 8.8-8.5, stop loss at 9.85.
$BTC 4H: Short around 9.73, you can exit below 9.3 in the short term, and if you hold it for a longer period of time, you can wait until 8.8-8.5 to exit.
$BTC Check-in 8/7.5 (5-4) Day 19 Now Btc price is 9.3 What is coming will come. It has been a long time since 10.8 to 9.3
There are two possible trends on the daily line
The first is that the bottoming is almost completed, and the shock goes up and breaks through 9.8 to end the adjustment of these days
The other is that the falling relay is ready to accelerate the decline at any time
Normally, it only needs to reach 8.7 or below to be considered the end of the adjustment, but today's high point of 9.6 to around 8.7, this decline should not be able to fully summarize the acceleration stage
3 days from 10.2 to 9.1 is already very scary. The acceleration stage should not be weaker than it, then it is very scary to think about it
$BTC opened the daily line below 108000, and has made three upward and downward movements in the 4H structure, forming a consolidation center between 91500 and 100000. Since the fluctuations have continued until now, it should be close to an end. The pressure at 100000 is relatively high. This 4H may not touch the upper edge of the consolidation center near 100000, as long as it has reached the upper edge of the consolidation center around 98000, this 4H can be considered complete.
On the daily line, from 108000 to 91500, the rebound levels are 0.382 (97949), 0.5 (99938), and 0.618 (101927). Currently, it has rebounded to 0.382, and the best rebound level is 0.618. However, if this position breaks through 100000, it will break the consolidation center, which has a high probability of continuing to rise, so I personally do not expect it to rebound to 0.618 (101927).
The previous 4H short position at 98000-100000 hasn't prompted an exit even if it falls to 91500, and there have been no losses so far. Based on the comprehensive analysis above, decide for yourself whether to stay or leave, after all, 0.5 (99938) and 0.618 (101927) may be reached, and it could even lead to a significant rise that results in stop-losses.
Personal opinion
4H Continue to hold. For those without positions, the 98000-100000 range is still a good entry point. This is the fourth reminder to enter above 98000.
$BTC clock in 8/7.5(5-4) Day 7 Now the Btc price is 9.
Those who are bearish are suffering and waiting for a significant drop, it's uncomfortable, while those who are bullish are continuously declining, which is even more uncomfortable.
So no matter if you are bearish or bullish, those who find faults will always, always find faults.
$BTC Cherish the opportunity to short close to 100,000
There are only 4 trading days left until the annual and monthly closing, let you see the 90s again, before the year-end closing we will see the 80s, and when closing it will probably also be in the 80s
$BTC Early, check-in 8/7.5(5-4) Day 1 Now the BTC price is 9.95
I want to directly check in at 5-4 [Yunbei], but it seems a bit far away and full of uncertainties, and ordinary people might find it unbelievable and easily criticize it, so let's check in at a closer position first.
The main altcoin season hasn't come yet, and I'm worried that 8/7.5 might trigger the altcoin season. I am more optimistic about it starting the altcoin season when it reaches 5-4, as that would allow for a broader time and space. I believe there will definitely be an altcoin season, but it's hard to determine at which point it will start.
$BTC 10.8 should be the top of this round, and the daily line will start to pull back. See 80,000/7.5 at the end of the month or the beginning of next month.
If the situation is worse, it may go to 50,000-40,000 in the first half of next year.
The counterfeit spot should run away, so as not to be hung on the top of the mountain like in March.
$BTC Currently, the highest price of Bitcoin is 93400, and the integer mark of 3% is around 92700, which is not much different.
There is no adjustment in the daily line before and after 80,000. The daily line of Bitcoin must be adjusted for a period of time before and after 90,000.
For those who hold high short orders, you can reduce your position near the support level below.
Currently, the support near the bottom is around 8.6. In addition to the strong support level of 7.4, which is far away and obviously known to be a strong support level, there is probably a strong support level around 80,000, and there is also a certain support level around 8.3.
I have been reminding you to reduce your positions in altcoins since the evening of the 11th. I have also reminded you a few days ago. Since the 12th, most altcoins have fallen for three consecutive days, and the gains have retreated by more than half. The weak ones have returned to the starting position of the 4th and 5th.
Inevitably, I will miss the gains of some currencies.
Currently, the gains are basically concentrated in the public chain and Meme. The gains of other altcoins from the low point of the 4th to the high point are mostly around 50-80 points, and a few have doubled. On the 7th, the second day after the election, I said that if the market does not clean up, basically from the low point of the 4th, most of the gains are only about 80-130 points. At this increase, you need to reduce your positions and then look at it cautiously.
Of course, you are optimistic about the future market and there will be a big increase. Now it has adjusted a little. You can intervene boldly, so as not to blame me for singing short in the future.
Big cakes generally peak earlier than altcoins, and a small number of them will be at about the same time as big cakes, so big cakes will have a period of shock peaking, during which altcoins are prone to catch up. In the short term, there is a certain room for the growth of the copycats. This was mentioned earlier when the general trend turned bearish.
The behavior in the short term is not a trend. The trend turned bearish just because there is not much room for subsequent upward movement. This can be observed later. The subsequent increase of the copycats can be calculated from the closing position of the 11-day line. The judgment is based on the majority of the copycats rather than a few memes. #BTC☀