Short

bitcoin sunset, end of hypecycle

Par fineregex

Mis à jour

Watch the sunset.

dont get infected with delayed/late pump troll mania

Note

Note

pink S and pink wedge may show the risk of an all time high attempt that may fail or "exit pump"
.green wedge may come in line with the sun.
i guess green wedge breaking can confirm the short term direction.

Note

the particial rise according to the red trendline may be a sign of weakness

Note

bitcoin consolidation vs reversal/crash/end of hype

Note

a moment of truth

Note

the thumbs up always come late. well maybe not too late. Love you guys

Note

turns out the first sun didnt lie yet. Just some deceptive hours preceding the crash.

Note

since 25 people showed affection for this sunset i promise i will try to drawn it "even prettier next time. Also promised myself to not buy bitcoin anymore for some weeks or month. Patience may be rewarded the most.

Note

of course if you are short and on short term it may matter to watch the purple trend levels and 4000 level before you may just leave, trail your stop, be calm. Yet just not necessarily worth missing the baseline movement to buy/sell on every new low when they come in and the next high will not be too far

Note

bitcoin when the night has come and the land is dark

of course im somewhat less convinced than yesterday.
but just by about 6.5% that you may won already (if not more).
The chinese central bank news series may very well have more relevance. Especially on short term. Chinese markets were more expensive most of the last 1-2 years. Just to be cheapest again with news. It may pause a moment now and not crash immediately . Check combined market depth chart before you trade:
data.bitcoinity.org/markets/books/all

Note

the similarity in shape and volume compared to yesterday is almost spooky though, is it?

Note

when the night has come and the land is dark and the moonlight is the only light we see

Note

Rotten Banana gave it away first

Note

now whats special about 4300?

i guess it is good that bitstamp is almost leading the price. Yet JPY premium almost gone and chinese prices lower also keeps removing some more of the unatrual confidence that has built up through the chinese premimum since a long while.

"as long as other people didnt earn a lot through arbitrage (buying here and selling china).my price at the market from USA/europe/any where, is also likely to grow" ( this common thought may either be correct (until the situation changes like now!) (or some markets would have been fake all the time)

Note

ok, admitedly the last update wasnt quiet ready (visually ;)
here is a prettier one

Note

Note

for the moment mainly only wicks made it below the 0.236 resistance, denying to break it

Note

this may only be about minutes though. Previously barely reaching the 0.61 level leaves the downtrend well intact.

Note

( tradingview.com/x/cpalQQLt/)

Note

or another little adam and even double bottom W, is it?

Note

Note

sorry for the preview didnt work out well, you can click this update though

Note

be sure to check this update:

BITCOIN Bubble trend broken. confirmed twice (read description)

Note

Note

tradingview.com/chart/hPmQC4DS/

Note

right link:

BITCOIN BEAR BULL wedge breakdown for granted? Downwards wicks?

Note

Note

and another bitcoin sunset

fineregex

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.