Thanks for sharing. I was just wondering, for your buying zone, do you mean 48 USD and not 38 USD?

So this is what capitulation looks like!

Thanks, I don't know much about standard deviations but found this really interesting, if a little unnerving. Also, if you're interested in the workings of the Fed, check out Adam Tooze's new book 'Crashed'.

Thanks for sharing. There are definitely sound technical reasons for another considerable drop. Personally, I see strong support around the 46-48 USD region and again at around 38 USD. Let's see what happens.

There's nothing wrong with being negative in a bear market. It's going to be interesting to see how the 4.5–4.9k support holds up, it might just be the bottom.

Agreed, volume is sketchy. Thanks for sharing.

This definitely has a calm-before-the-storm vibe! If we lose this 6.3k zone, we could see a big lurch down.

Nice analysis, especially the MACD observations. I'm hoping that the triangle will resolve as a continuation pattern and we'll see a short-term price rise to just shy of 7k before the bears resume control.

Great post. I find the ending diagonal scenario pretty persuasive (especially because the upper trendline is so well defined) and have analysed it myself. I think 4.9k is a sensible estimate and that price

I'm holding some alts in my long-term portfolio but it's certainly painful at the moment. I'm holding out for the next leg down for bitcoin before thinking about accumulating more. Every time bitcoin sneezes,

Interesting analysis, thanks for sharing.

Nice analysis. I agree, definitely keep a watch on the RSI, especially for any bullish divergence. I liked the past on the weakening gradient in the video (approx. 7 mins), an interesting idea.

Thanks for sharing. I'm thinking close to 5k as well. @lordoftruth estimates bitcoin mining breakeven around 5.7k, so this could also be a key level to watch too.

Interesting post and nice chart – makes a change to Tradingview and really captures price growth without the log scale. Thanks for the head's up on BNB. It wasn't on my radar but it is now!

Absolutely agree, the lack of volume is a real worry, despite the bullish signs on some of the indicators.

Interesting thought, I think it depends on the prevailing trend. In a BTC bear market, I've found it good to hold fiat like you mention and focus on making gains in terms of fiat (i.e. trading USD pairs

It's certainly possible, although I wonder whether 8.5k might have been the top of the five-wave impulse. I guess we'll see over the next few days.

Thanks for sharing, a bounce to 7.4k would certainly help reset the RSI. Let's see how it plays out.

I like your idea but I think this might be a different type of correction. For one the market is much more mature. Protracted (and painful) sideways action is indeed possible and there are triangle and

Let's keep an eye on that wedge... Thanks for sharing.