Short

Bitcoin Panic

Updated

it is the result of price pattern reading, various indicators and many other pyramids.

It is possible that the rise in the white box will be deleted maximally.
The last drop is not a mini abc, which gives the probability that it will drop below 49k.
More information in the updates that may say this is a potential truth.

This is just an analysis of different results *and may be wrong*.
MD

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this happened three times, maybe a fourth.
at the moment of the crossing, the price has always been red in history and has not crossed yet today! I'm almost certain it will cross because I've learned that a high market cap doesn't do miracles.
macd has not crossed coming from the negative area, it gives insane probability to cross

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you understand that considering this 3w macd indicator, 100k+ is quite far. maybe next year? I don't know yet, nobody knows and if he knows he is a psychic with superhuman abilities

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May pump and July pump are similar in price pattern and will there be the same abc drop, after the pump? possible because I'm predicting the abc move anyway.
point b is confirmed above the white line? we will see it soon.

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At the moment I show macd indicators, but I also have a dozen rsi indicators, so i can find a lot of information. + price pattern + levels.

when macd 5d (with my personal settings) crosses below the minimum, there is an increase, after which there is another drop.
fact that there is a rise after the macd crossing down is common and it is seen almost all the time at various macd crossings, so after the crossing the rise is even likely and expected.

50%+ on the two smaller and 100% on the larger one.

if the macd continues then the macd will have crossed by the end of this month and there will be an increase in september and maybe also in october? and in november december another drop and in the new year a rise? There is a lot of illusion here

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if you look, you can see four declines and after that always an increase of x%. maybe also on the fifth? anyway, I'm on the alert

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60k above won't change anything.
i'll be surprised if it goes above 70k from here, even if it does make the situation even more suspicious to me. then the question is when the indicators do what they are designed to do. I mean different major indicators. not only the indicators but also the price pattern favors the decline

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many altcoins are critical and favor a wave of panic. something has to support it when it happens and that is btc

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this indicator can support this analysis well

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I can't comment on whether this rsi moves to yellow, and I'd like to not believe it, but I'll never know. this pink bow volume is currently giving me information that something could be missing.

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the situation is more similar in 2019, where there is a sea of needles. today there are extremely many of them, very suspicious.
2019 is just 1 example where the volume loss and then even more drop.

btc has generated strong abc volume and another rally before that, so many things that make a fall likely.

There is no point in comparing the 2016 pump, the market capitalization difference is too big to do the same thing.
Very simple, lower the needles and then it is safer to buy. only safer, not safe.

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Bitcoin and usdt.d percentage comparison + theory

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I published a usdt.d analysis which can be found on my channel

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Do we believe that history repeats itself? then we believe more decline.
i like market psychology.

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The weakening waves of the previous two were about +30% up and today it is the same.

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if I look at history, the biggest similarity is with 2019. rsi has been yellow and red for a long time, could we see green in September or October?
bullish after two weeks? I don't know but it would be interesting.
bullish which can be point b

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I compare 1d with 2019, because there is a reason, the price slide is exactly the same on the major chart.
this 1d is basically the same, yes there are minor differences, but it doesn't change the major chart.
based on this btc is going to fall now or very soon.
This is just a historical comparison and I don't know the reality. without this comparison, I would say that it drops to 45k as a minimum, but based on this, 48k and then the pump over +40%.
for me the situation is complicated and there is a lot of illusion.

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1d rsi14

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wait 2 weeks and the result can be here if it is the truth. damn maybe even less

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if I don't compare the percentages, I get the impression that the percentages of the 2019 wave are lower than today. actually had a more extreme volume

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I'm delusional now, if this is part of the truth it would be extreme fooling of people. both sell traders and buy traders. when this b point rise comes, all people are extremely bullish and target 80k minimum.

it seems to rise, but in fact it falls, and then when it seems to fall, it rises, etc. maximum porn.
Soon we will see what will actually happen, 60k is doubtful for me at the moment

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will it fall now?

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btc pump is similar to 2020, but the decline is in 2019. everything is relative, but seeing that the price slide mostly brings more decline, I accept that the situation can behave in almost the same way in 2019. even if 2019 didn't exist, I would still predict a decline, but I can't comment on the volume of point b. the only point b comment comes from 2019 now.

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the C point of the previous 2019/20 decline is called the covid crash. if something similar comes here, what do we call it? alien attack crash?

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30 September 3w macd crossing is confirmed. does the 9-30 3w candle close in red? October opens 50k lower???????????

If btc has nicely closed in the red at the moment of the crossing, then there is a possible resistance rise, which I will determine in point b.
If btc is not red when opening october, it's only dealy, difficult to destroy 3w macd.

I am in favor of removing the white box 100% (One of the basic logic in crypto and I don't think btc is special). Those who have fallen more than bitcoin today will get more blood
I don't know how it will actually happen, but I believe it will be done by January, or earlier.

I have an insane amount of sales analysis, I can't destroy them, and if there is a bullish analysis with some, it will be destroyed soon after looking at the details.

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DROP IT

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I have done many different analyzes on the coins and this is the most likely. *it's not 100% likely* but more likely than a miracle pump.
In the next 30 days or at the end of September, there is a risk that it will be below 50k.

My analysis is clear, below the needle(nl).

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When this gay guy with failed facelift calls the big fish, the situation is shit for some.
Bitcoin is in a price slide. What does this usually mean? if it slides down then more decline. more than 50% of the time it is likely. So DAMP IT!

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So friends, the situation is shit, yes?
bitcoin makes a bigger daily volume drop than some altcoin. Will btc do what it failed to do before? I don't know, maybe.

Stage 1 is likely, but I have a question for myself, is it stage 2 as well? 40k this month (early October)? hmm, it sounds a little suspicious, but everything is possible in this sea of shit.
this 1 and 2 are taken from my altcoin analyzes that say a panic wave is coming that has **not started yet**. What happens when the panic wave is done to them if they are correct guesses. Based on that I could illusion bitcoin 40k.

today the target is about 47k (just a little under 50k at x level, I don't know exactly), but we'll see what happens, step by step.

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Around the same time last year I went public and it's been a year since I shared with you the brain sex I do. 100 followers per month on TradingViews I believe is a good result, i think

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i detected abc volume which can do x +%, correction?
this shit can be wrong! only a strategic guess
the goal is 49k lower this month, but it's an early month at the moment

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I think he can keep this area this week

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This indicator has worked well when looking at history.
It seems that crossing down is not far, right?
Price Momentum Oscillator (PMO)

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Any green is a delay to the main one.

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I want to see the result in this and next month

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indicator says: the probability that btc will be able to stay where it is until the end of the week is likely or be a little higher.
My eye on the price pattern: Something is missing that can hold this area

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abc volume

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Analysis closed.
New analysis, update:

MoralDisciple

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