btc/usd

Good morning, Fed puts bearish background under coming BTC performance. Despite price holds around 20K support area, we suggest that downside action is more probable.

Good morning, Our new October BTC Fundamental report Fed was keep off-loading its balance last week and more bonds have been sold. BTC, in turn, was unable to complete intraday 21.6K target. Bullish context becomes weaker. Now we treat 20K lows as vital area and signal line for the bears:

Good morning, BTC also has got its piece a cake from PBoC, BoJ and SNB interventions. But we suggest that upside action is artificial a bit and not reliable for long-term investing by far. BTC could hit nearest upside target around 21.5-21.6K but further upward action is under question:

Good morning, Market stands absolutely indecision now, forming now clear direction and patterns. Longer term picture remains bearish, and we suggest that downside breakout is just a question of time:

Good morning, BTC shows slow action. High US interest rates are pressing on the market performance. Downside action has started from intraday 5/8 resistance as we've suggested. Now it is time to move stops to breakeven and see - whether we get our downside butterfly pattern:

Good morning, Recent performance makes us think that BTC has more chances to turn down again. We consider $17.6K as nearest standing target. Invalidation point for short term setup is a top of daily bearish grabber at 20K area:

Good morning, Recent performance makes us think that BTC has more chances to turn down again. We consider $17.6K as nearest standing target. Invalidation point for short term setup is a top of daily bearish grabber at 20K area:

Good morning, BTC looks heavy. With overall negative sentiment on financial markets we do not consider taking long position by far and suggest that drop to ~16.5K area seems more probable now:

Good morning, Fed starts serious steps of tightening drying out liquidity off the markets. With this background it is naive to expect any upside reversal on BTC. Thus, we consider 19.70-19.75 intraday resistance area for potential short entry and downside continuation to the daily lows:

Good morning, We consider 20.60-21K resistance for short term bearish position on BTC market. In 2-3 weeks perspective BTC has chances to climb higher due to pre-election US rally. Long term context anyway, remains bearish:

Good morning, Situation on BTC market changes slowly. Overall picture remains bearish and we suggest that 12.2 K target sooner or later but will be hit. Market stands in the same consolidation. Our "222" Sell pattern has started nice and we could keep this short position by far. No new...

Good morning, Guys, we're proud to announce our new Fundamental report on Bitcoin, where we explain why it is nothing to celebrate by far... BTC shows weak reaction on retracement of the US Dollar, compares to other currencies. It suggests existing of bearish pressure on the market...

Good morning, BTC has not shown the same plunge as stock market last week. It means that everything stands ahead. BTC shows bearish signs on 1H chart, that makes us think that 17.4K target should be reached in nearest time:

Good morning, BTC has reacted not as strong as FX market, closer to the gold market reaction. Thus, we're watching for completion of nearest 17.4K target and do not see yet good chances for tactic long trades:

Good morning, Miracle has not happened, and phantom bullish scenario has been vanished. BTC also shows few other bearish signs on daily chart. It makes us to consider 17.4K and 16K as two near standing target:

Good morning, BTC keeps phantom changes on upside bounce, although we're sceptic on them. Whatever bounce will be - we suggest it is short-term and sooner rather than later but BTC will keep going down:

Good morning, BTC has shown bullish reversal week recently and potentially could form shorter term bullish patterns, suggesting higher upward bounce. Now we do not consider new shorts by far. 20-21K area will be vital for bullish scenario:

Good morning, With fast drop BTC has completed $19.15K intraday target. Stocks, FX, Gold markets now keep recent euphoria, so we suggest it makes sense to wait for the pullback at least to $19.18K or if we get lucky to $20.5K area before taking short position. Longer-term bearish context has...

Good morning, BTC shows very weak activity and we have minimal changes since Thu update. Bears could combine possible upside bounce from 19.18K target up to 20.5-21K resistance levels with Stop "Sell" order below 19.15K. While bulls have to wait clear patterns before consideration of any long...

Good morning, Market shows very quiet action, keeping bearish context valid. Minor bounce could happen from 19.18K target, but only tactical one, with later continuation to 17.50K destination point: