Miami↔️Blockchain216

Trading crypto since 2017. Blockchain & charting info from the best traders in the industry 📲🍀

[Miami↔️Blockchain216 @216fl]

This…

[Miami↔️Blockchain216 @216fl]

@CryptoCrewU Been watching those mid 30’s for a while. Nobody believes it will get that low… Perfect surprise just like when the herd said BTC could NEVER get below 20k 😏

[Crypto Crew University @CryptoCrewU]

Most traders are watching price.

I'm watching momentum.

The weekly Stochastic RSI just flashed a signal we haven't seen since the market was near its highs.

Coincidence?

Or another clue that this cycle is following the same script as previous bear markets? 👀👇

[Doctor Profit 🇨🇭 @DrProfitCrypto]

I tried to be a warner

My promise of 60k is very close

And by far 60k is not the bottom

[Crypto Crew University @CryptoCrewU]

The market doesn't care about hope.

It cares about structure.

🔻50-Day MA rejection

🔻Weekly momentum rolling over

🔻Key support under pressure

The question isn't what you WANT to happen.

The question is what the charts are actually saying 👊

#Bitcoin

[Nebraskangooner @Nebraskangooner]

#Bitcoin

Monthly chart looks terrible.

Can the devs do something?

[Rekt Capital @rektcapital]

#BTC

Bitcoin Bear Market Progress:

▓▓▓▓▓▓░░░░ 65.0%

$BTC #Crypto #Bitcoin

[Doctor Profit 🇨🇭 @DrProfitCrypto]

My $BTC Short from 120k is printing big

My BTC Short from 80k is printing big

The 100 altcoin short is printing big

Tons of Stocks shorts printing big

Only the SP500 remains to print big ⏳

[Nebraskangooner @Nebraskangooner]

#Bitcoin

at the bottom extreme of my green support zone

If it's going to even small relief bounce gotta happen here

[Benjamin Cowen @benjamincowen]

Plenty of narratives to justify why Bitcoin is dropping right now, but it often drops into June of midterm years.

I know the four year cycle view is mocked frequently, but it has been far more accurate than every other theory put out there.

[CrypNuevo 🔨 @CrypNuevo]

$BTC Sunday update:

This is the trade that I'll try to get this week:

I see a long wick to the downside between $73k-$72.5k - price tends to retrace these type of long wick imbalances.

So I'll favor and look for longs in that zone if it hits. But, to what target?

🧵↓(1/5)

[Crypto Crew University @CryptoCrewU]

#Bitcoin's current bear flag looks almost identical to the 2022 bear flags...

Except for ONE major difference. 👀

The trend angle is far steeper this time.

Historically, when volatility increases inside a bear flag, the eventual move can be dramatic.

Will this pattern break the same way as before? 🤔

[Doctor Profit 🇨🇭 @DrProfitCrypto]

#Bitcoin has not bottomed Out yet

The Bottom will be in Sep-Oct

The Bottom will be between 40-50k

Bulls and early buyers are Victims

[Miami↔️Blockchain216 @216fl]

@TedPillows Sounds about right for Eth… Always been trash.

[Benjamin Cowen @benjamincowen]

Bitcoin has fallen back below the bear market resistance band. Bear market likely to continue, just like it has in prior midterm years.

[Nebraskangooner @Nebraskangooner]

#Bitcoin

Head and shoulders structure breakdown would yield a measured target at $71,000 support area.

[Doctor Profit 🇨🇭 @DrProfitCrypto]

$BTC: Once again my short area delivered perfectly, 79-82k activated exactly as planned while the crowd screamed for higher and longed above 80k. Remaining short orders at 83-85k stay active if liquidity allows one final push, You know I am aiming for 50-60k!

[Nebraskangooner @Nebraskangooner]

#Bitcoin

Not looking good for a daily close above that level needed for a push. Testing range lows now.

Always good to understand the importance of candle closes.

[Miami↔️Blockchain216 @216fl]

@BitElite17 🤝

[Jason Pizzino 🌞 @jasonpizzino]

Bitcoin looks to be getting ready to test the lows again like it does every bear market (or 4-year cycle).

Falling volume, lack of social interest (search volume), and a structure reminiscent of further weakness.

The perma bears will be calling lower and lower prices, while the perma bulls will be calling it manipulation.

Don't be either. Just be prepared.

[Benjamin Cowen @benjamincowen]

The four year cycle for Bitcoin is not dead.

Bitcoin topped when it always topped (to within 1 week when measure from low-to-high), so why can't it bottom near the end of the midterm year, just as it generally has? (1/x)