dRends35

Bitcoin not signalling anything significantly bearish, but there are plenty of related assets looking dicey in this area.This is very much a contrarian analysis in a time where there are an army of Cycle Gurus and various content providers banging the drum for an "up only" market.But the question is - are they really reading the chart or are they holding & hoping that the cycle repeats?I am 100% out of the market for 2 days now and will let this area run.And in that time altcoin hodlers are getting frustrated as their coins are dumping hard.This is an early call and there can be lots of twists and turns; things may be looking different next week.But for now the market is looking DANGEROUS and altcoin / Bitcoin mining etc hodlers will be suffering significant losses!This will be my last video for a while in this critical area as I have a limit to the amount of content I will make for FREE websites.But plenty of depth and contrarian TA within the video.Enjoy👍.Not adviceIf you like getting this content for FREE then hit the BOOST button to be a Supporter.If there are plenty of Supporters that hit the BOOST then I will be encouraged to make more content.But if there are too many Leeches that do not hit the BOOST, then I will not share my content so FREEly and may not even post on this website at all.Big thanks to all the Supporters who BOOST my threads ❤️.Also you are welcome to comment and let me know what you think of the content 👍.

Here's a 20 minute TA on Bitcoin as it hits ATH.I'm an "ATH trader" in that I like to sell at ATH and often it works very well since it is the point of highest liquidity and that is where reversals tend to print.And I will look to buy in again later.I still hold some coins / crypto stocks with a higher time frame strategy but in my lower time frame trading portfolio; I have taken profit on everything here and looking to buy dips.So can Bitcoin get back to the point of highest liquidity - $100.7K ?That will be where I will consider to buy, but a lot will depend on other factors such as action in stock indexes.All details in video.I made 2 Bitcoin videos in short succession here so I may not do another one for a while.EnjoyNot advice

Render is printing a delightful low time frame snowflake.It is a coiling and very shallow descending channel.In higher time frame this channel is printing on the 0.786 overshoot ratio of the 1:0.618 with only wicks below:The 0.786 is a common ratio for a pivot.And that can potentially complete a 3 wave correction leading into the next wave up.The 1:0.618 is a weak ratio since the third wave would be shorter than the first.The signals downside weakness.This looks ready to pop if Bitcoin can drift on up 👍.Not advicePopped exactly as suggested but has now turned bearish.

Solve the Rubik's cube for this area.Or die trying 😅.Not advice.25 minutes of depth TA given to TradingView entirely for FREE.If you appreciate the effort then show your support by hitting the BOOST and leave a comment if you like.By doing so you assist me in reaching more TradingView members.Thanks 👍

FETUSD (Blue) / Global Liquidity (Yellow) Global liquidity if offset by 78 days.Could be a significant uptrend in the pipeline.Not advice.

Bitcoin printed a slightly higher high of an ascending wedge and that was a little bearish clue:Which became a bearish engulf:And has now slipped down a descending line to "roll off the table" and slump down.This shallow trend that leads to a slump is often very bearish and there are various examples of this throughout the historical chart:Stock indexes have printed a fastest wave up ever with record breaking gains:Nasdaq Futures - This was immedietly after the Trump Tariff selling climax.I think that the wave up is likely to be a reactionary wave as part of crash structure.Notice that it is currently within the retracement Golden Window (0.618 - 0.786).This is a likely retracement ratio band for a failure and sometimes up to about 0.81 and still be a failure.So, Bitcoin being of higher risk to stock indexes will often move first.It might just be a leading indicator to stock indexes.I am leaning bearish here and my portfolio is reflective of that.Not adviceIf you like my content then do hit the BOOST to encourage me to post more FREE content.I am quite busy these days and dont always have time for free sites like TradingView, but if you BOOST then it shows me you are engaged.Also by hitting the BOOST more traders will see my work; which is the point of why I am posting here.Thanks guys and good luck in your trades ✨Bitcoin looked so dangerous, but after 3 stab downs below the wedge trendline, it has not capitulated and may be on the brink of a recovery.There is still plenty of danger in this area because another bearish wave / crash wave in stock indexes could see Bitcoin tumble...But right here, signs are starting to look bullish and I am looking at which coins may be strong through this area.Solana has been holding firm strong and dogwifhat is very dangerous but may pump hard if Bitcoin can move on up here.

Chart from a few minutes ago:Now a few minutes later we can see a very strong bounce from the 0.618.This tidy bounce from the 0.618 signals that this slump was a simple retracement back to 1/Phi - 0.618.And so it may be that this fear test was the first correction wave.If correct then there will likely be another 3 to follow.This slump was in tandem with stock indexes slumpingNasdaq Futures:The danger is that stock indexes may have a higher degree wave down.If it did that could potentially drag crypto down, but its been a quick recovery in this short term area after falling from an ascending line and slightly higher high above resistance; both events with bearish potential.So far so good though in the immediate short term- this has been a very strong recovery bounce for Bitcoin 👍.Not advice

Chart from a few minutes ago:Now a few minutes later we can see a very strong bounce from the 0.618.This tidy bounce from the 0.618 signals that this slump was a simple retracement back to 1/Phi - 0.618.And so it may be that this fear test was the first correction wave. If correct then there will likely be another 3 to follow.This slump was in tandem with stock indexes slumpingNasdaq Futures:The danger is that stock indexes may have a higher degree wave down.If it did that could potentially drag crypto down, but its been a quick recovery in this short term area after falling from an ascending line and slightly higher high above resistance; both events with bearish potential.So far so good though in the immediate short term- this has been a very strong recovery bounce for Bitcoin 👍.Not advice

BTCLots of chop designed to confuse, but this contracting area could be the second wave of an uptrend following the bullish running 3 wave correction.I think there is a good chance of this.It now would appear odds on that the lows of this corrective area will not be revisited 😯.Not advice.The ascending line was was broken to the downside and with impulse.This area is becoming quite similar to the previous re-accumulation that led to the pump:Plenty of short term wobbles, bearish threats but each bearish impulse was bought up quickly and in the latter phase; the lower pivots of the trading range were not threatened at all.Let's see if something similar happens here 🧐.As much as this area can chop and look dangerous in the short term, a key detail is that a bullish running 3 wave 1:0.618 GW correction has already completed.And so until the $93K pivot gets taken out, then this move up has a decent chance to be the following uptrend 🧐.The big bullish clue in the previous re-accumulation was when it Pattern Separated from unpleasant slumps into a shallow cause building descending channel.We may see something similar again 🤨.

FETLooks like a 3 wave correction with shallow and cause building 3rd wave that you could call a Wycoff Creek.Could be a great buy right here; looks set to pump again soon.FET apparently is a super big deal in AI and it has a super long name to boot.This coin really does pump hard.If you can buy the dip right then it can be a great ride.This was a deep dip back in the 2023:And the first solid dip in this wave up was as the 2 week candle closed a hammer within a 1:1.618 Golden Window.And this is a nice opportunity here before this coin becomes a runaway train again.Not adviceUp 14% since I posted just 2 hours ago.Thats how its done.Much more to come 🚀Correction - it was a 3 wave 1:1* not 1:1.618I dont always update on the low time frame plays.This has been some really nice quick fire profit, but FET has printed a fast liquidity sweeping slightly higher high Shooting Star candle.Your textbooks will tell you this candle is bearish, but context is everything.In this instance the wick is a stop loss hunt; probing up and then back down.Now that has happened it increases the odds of further downside.This is a low time frame Wyckoff UT UpThrust - an age old pattern in a relatively new and ultra volatile market.These patterns often occur as a market maker signature /leading indicator that the overall market is moving into a correction.Profit taken Will look for re-entries later.But not sure if i'll get time to post any re-entries on TradingView.GG 👍.