Another Bitcoin Bear Flag Spotted - BTC Price Target $3057!?? πŸ¦ƒ Crypto winter is Here! πŸŽ„πŸŽ„πŸŽ„

in #bitcoin β€’ 6 years ago (edited)

Screen Shot 2018-11-22 at 8.22.15 AM.png

I was hoping like everyone else that we rally up a bit to test the old 6k support that turned into resistance, however before we can do that we must break out of this latest bear flag!

Screen Shot 2018-11-22 at 8.31.08 AM.png

$3057 is the current bear target! Expect this price if we drop below this bear flag zone circled in red!

Making BTC on this Dip!


Short video, pun not intended, making money with Bitcoin when it is not going to the Moon! Bulls make money, bears make money, crypto winter is here!

Please Note: I do think shorting is overdone right now, don't do it unless you are an experienced trader! I expect it to go up for a while and reck the shorts, get some new bulls trapped, and reck them again too! That is BTC! Be careful and always use your stops, be safe!

Check out these interesting screenshots I found on youtube today! These screenshots are from Krown's Crypto Cave! The Volume tells it all! The bear target is in line with the highest volume area! There is also the final level of support at $1133!

Screen Shot 2018-11-22 at 4.28.48 PM.png

Screen Shot 2018-11-22 at 4.29.17 PM.png

Nice try Steemit! I'll take the money!

Screen Shot 2018-11-22 at 8.37.54 AM.png According to Steemit one steem is worth $122,280 today! Wow Can't wait to start cashing these out!

I love how steemit shows we have unlimited funds now! What happened did steemit finally get bought out and this is what we get! Well i want to cash out right now Steemit! LOL!

Below is the Chart of the S&P 500.

Screen Shot 2018-11-22 at 5.13.07 PM.png

Stocks have been Bearish too, I think I spotted a Turkey Signal in the charts! Happy Thanksgiving Steemit Friends! πŸ¦ƒπŸ¦ƒπŸ¦ƒ

Follow @coininstant for more!

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According to the threats of Craig Faketoshi Bitcoin will fall to $1,000

For sure, I just added a cool volume chart onto this post that confirms your 1000 dollar level! Bitcoin is like a building and it went up so fast it missed floors 1500-3200 & 3000-4000, & 4600-6000! Once we go back and fill those gaps and make a real market structure the sky is the limit!

Β 6 years agoΒ (edited)Β 

Many others been calling that level too. Even though I’m not a fan Tone vays and Tyler Jinks both valled $1000-$1300 bottom. It seems many minds thinking this so even though they called the break below 5K we’ll still above 10K
I don’t think it’s gonna hit there targets. I think either just higher like $1650 - $1900 Or lower slightly.!

Right now a strong support is being created at 4K. I hope a bull run starts from here.

@coininstant,
I think we are near to doom before pump to moon! Useful update bro!

Cheers~

Buying the bear dip > Buying gifts because a holiday says so

Hello!

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Please write me in Telegram @Kunkkasds, if we can cooperate.

It is a big flagπŸ˜‚

Β 6 years agoΒ (edited)Β 

Thanks for commenting! I agree!

You are welcomeπŸ™πŸ˜€
@coininstant

YOU ALSO DEAR

Some days ago any crypto very little but recover right now ..
So this is good analysis about this crypto..
Thanks for sharing..
Upvote and resteemit done.

YES U ARE RIGHT

Nice analysis... get your bids in.
My Steem account worth $1.5 billion lol

BTC will go down to 1000$ before recover :)
I'll buy some at 1000$ :)

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Btc will moon!

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Maybe more down bitcoin.

Remember that there were few people recognizing the value of bitcoins at the beginning.

Posted using Partiko Android

Crypto winter has been here.

Christmas this year definitely ain't going to be as fun as the last one. HODLERS we need to remain strong

To think at the beginning of the year Bitcoin was pushing $20k. I wonder how much money was lost in total on the exchanges this year.

Is this possible btc down to 1k usd 😲

Posted using Partiko Android

Quite possible that bear flag could trigger even if that does i would be happy to buy more and on the other side i want to know is there any way to get more indepth details on palt project

Β 6 years agoΒ (edited)Β 

I don't know anywhere else to get info about PALT! When BTC broke the 6K i sold all mine, and my alts! At that point I realized there would be no point holding any alts if BTC was going down to 3K-1K-600-100-25-1 -20K! LOL The interest started to go down so bad it was not worth it anymore! I may buy back at bottom, I am saving up until the coast is clear! Think about it if there is an ETF launch it will be at bottom, so just wait until we get a green light from sec or something changes! Everything is pointing to 3 more months or more even of this bear!

Congratulations @coininstant!
Your post was mentioned in the Steemit Hit Parade in the following category:

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seen somthing on youtube with a few crypto ' experts' saying its going to be bear market till about march were not gonna see much of anything

im a beginner . where should i begin for crypto exchange. My only experience is in forex

Posted using Partiko iOS

i recommend coinbase but they get pretty high in fees, binance is what i use but you can deposit cash have to transfer like bitcoin to thier exchange and trade for other coins, but theres robinhood trading app which has a few crypto currencys you can trade ands it free just no way of exchangeing them to a hard wallet .... www.shotcallertrades.com is my referral site you can click on the logo and get a free stock, or cash for using one of my referral links . good luck in your crypto trading

thanks for recommendation

Posted using Partiko iOS

the sky is falling.

Im going crazy! i dont have bitcoin but I have altcoin. Since its coupled to BTC it will go down as well.

Want to Know Why? Read This Post Why Maybe It Can Be a Guide For Many People In Our Great Community.

Posted using Partiko Android

This is very good information. But nowadays the cost of bitcoin is going down.

I'm praying that We go lower. I'm totally loving these bears. So cuddly..

This post has received a 63.51 % upvote from @boomerang.

if down and touch support 1000 back to layer 6000 strong

We must be patient. Wait and continue trusting in content production. Greetings and thanks for the graphics.