Bitcoin could to crash to $15,000 USD!!! Big Warning!!!
Hi guys, I know that cryptocurrencies are in panic during the began of this week and Bitcoin, Ethereum, Chainlink, Cardano, XRP are crashing. For that, based in the technical analysis in Daily timeframe, Bitcoin it's look so bearsih and there're not any good news for Bitcoin. In the market with Forex, the U.S. Dollar it's becoming stronger than any asset, I know this data today, but guys, Forex it's very important to know what happen in our traditional economy in based the inflation, Consumer Index Price, economy, and much more.
But now, talking about of Bitcoin. I belive that Bitcoin could to continue crashing in the next weeks as the market it's look extremely bearish..
s3.tradingview.com/s...shots/z/z49ENf1f.png
Now, I guess to watch this chart in H8 timeframe that I made a zoom-out to see far. I see that this market structure it's bearsih as Bitcoin break down the simetric triangle that forming today, there's a lot chances that Bitcoin going to crash 50%. That mean, if Bitcoin price it's right now around of $32,000 USD. There's a lot chances that Bitcoin down to level of $15,000 USD. If that happen, that will be an apocalypsi for Ethereum, Litecoin, Cardano, XRP and rest of cryptocurrencies will be so ugly if we look a crash over 50%. It's will be easily that if Ethereum price it's right now around of $1,900 USD and going to crash 50%, Ethereum could to down below of $900 USD. And that, will be so, but so stonger for amateuir who invest in the euphoria in the market when the market it's starting the bear trend.
Now guys, at the just right now, Bitcoin it's make a pull back, if that pull back will be valided, we can to entry to short posiiton looking below of H12 timeframe. But, I will inform here or Twitter.
But now, talking about of Bitcoin. I belive that Bitcoin could to continue crashing in the next weeks as the market it's look extremely bearish..
s3.tradingview.com/s...shots/z/z49ENf1f.png
Now, I guess to watch this chart in H8 timeframe that I made a zoom-out to see far. I see that this market structure it's bearsih as Bitcoin break down the simetric triangle that forming today, there's a lot chances that Bitcoin going to crash 50%. That mean, if Bitcoin price it's right now around of $32,000 USD. There's a lot chances that Bitcoin down to level of $15,000 USD. If that happen, that will be an apocalypsi for Ethereum, Litecoin, Cardano, XRP and rest of cryptocurrencies will be so ugly if we look a crash over 50%. It's will be easily that if Ethereum price it's right now around of $1,900 USD and going to crash 50%, Ethereum could to down below of $900 USD. And that, will be so, but so stonger for amateuir who invest in the euphoria in the market when the market it's starting the bear trend.
Now guys, at the just right now, Bitcoin it's make a pull back, if that pull back will be valided, we can to entry to short posiiton looking below of H12 timeframe. But, I will inform here or Twitter.
Operación cerrada manualmente:
Bitcoin invalided the simetric triangle. I closed up manually my short position and update I will going to create one
