1-Minute Trade for Bitcoin | Bitcoin BTC Price Prediction #shorts

3 Jul 2021 · 1 min

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1:01

In this one‑minute video, The Art Of Crypto reviews recent Bitcoin price action and outlines a short‑term trade idea. He notes that Bitcoin has broken a micro‑level structure on the 4‑hour chart, suggesting a potential downtrend. Zooming into the 1‑hour chart, he points to the preceding bullish candle as an institutional order block—a zone where large players may initiate short positions. Bitcoin has retreated to that order‑block level; the analyst warns that if price falls below $34,000, the order block’s function is fulfilled and Bitcoin is likely to slide further into the low $30‑thousand range. He references a longer 20‑minute analysis on his channel for deeper insight and encourages viewers to subscribe.

Chapters

What's up guys, welcome to The Art Of Crypto's 1-minute trades. In this episode, we're gonna take a look at Bitcoin, and we have just broken below this low with this move right here, which means we have already broken a micro level structure on the 4-hourly, which means right now we are potentially in a downtrend right now. So here's the trade that I'm going to want to take. Now if we just zoom on to the 1-hourly chart, we can see that this massive move down right here was preceded by this last Bullish candle. This means that this bullish candle is what you call an order block, which means an area where institutions are going to be looking to short at. Right now, the price of Bitcoin has come exactly back to the order block, and it seems that we are going down from here. So by the time you're watching this, if the Bitcoin price falls below thirty-four thousand, then you know that this order block has done its job, and the price of Bitcoin will most likely go back down to the low thirty Ks. If you want a detailed analysis on this move, I did a 20-minute video on my channel. You're going to want to check it out. And if you want more videos like this, make sure you drop a subscribe button.