{"id":249772,"date":"2025-05-21T01:33:08","date_gmt":"2025-05-21T01:33:08","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/trader-warns-bitcoin-btc-flashing-bearish-reversal-signal-says-gold-gathering-steam-for-next-leg-up\/"},"modified":"2025-05-21T01:33:08","modified_gmt":"2025-05-21T01:33:08","slug":"trader-warns-bitcoin-btc-flashing-bearish-reversal-signal-says-gold-gathering-steam-for-next-leg-up","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=249772","title":{"rendered":"Trader Warns Bitcoin (BTC) Flashing Bearish Reversal Signal, Says Gold Gathering Steam for Next Leg Up"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>A crypto strategist who nailed the Bitcoin top in January is warning that <a href=\"https:\/\/dailyhodl.com\/currencies\/bitcoin\/\" rel=\"noopener\" target=\"_blank\">BTC\u2019s<\/a> recovery rally may witness an abrupt end.<\/p>\n<p>Pseudonymous analyst Bluntz tells his 318,200 followers on the social media platform X that Bitcoin appears to be forming a bearish divergence on the daily chart.<\/p>\n<p>The bearish reversal signal suggests that bullish momentum is waning even though an asset\u2019s price is moving higher or sideways.<\/p>\n<p><a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1924308919608050016\" rel=\"noopener\" target=\"_blank\">Says<\/a> Bluntz,<\/p>\n<p><em>\u201cThere\u2019s a daily BTC bear div brewing here if it closes red by [today].<\/em><\/p>\n<p><em>It\u2019s unfortunate that it has appeared before fresh all-time highs, but it\u2019s the first one since last year.<\/em><\/p>\n<p><em>Be careful with longs in my opinion.\u201d<\/em><\/p>\n<figure style=\"width: 1354px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GrSEs_HXYAAYLxy?format=jpg&amp;name=large\" alt=\"Image\" width=\"1354\" height=\"1165\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, Bitcoin is trading for $105,546.<\/p>\n<p>Turning to gold, the analyst <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1923121322365743579\" rel=\"noopener\" target=\"_blank\">believes<\/a> that the precious metal is poised to ignite a rally to a new all-time high after completing an ABC corrective wave.<\/p>\n<p>Bluntz practices the Elliott Wave theory, which states a bullish asset will continue its uptrend after an ABC correction.<\/p>\n<p>The trader shares a chart suggesting that gold will rally to a new record high of $3,600.<\/p>\n<p><em>\u201cGold gathering steam for the next leg up here.\u201d<\/em><\/p>\n<figure style=\"width: 1350px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/GrBMpSEWwAEjo1W?format=jpg&amp;name=large\" alt=\"Image\" width=\"1350\" height=\"1132\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, gold is worth $3,221.<\/p>\n<p>As for the memecoin Floki (<a href=\"https:\/\/dailyhodl.com\/currencies\/floki\/\" rel=\"noopener\" target=\"_blank\">FLOKI<\/a>), Bluntz <a href=\"https:\/\/x.com\/Bluntz_Capital\/status\/1923012995300352427\" rel=\"noopener\" target=\"_blank\">predicts<\/a> that the altcoin would dip to around $0.00008 before exploding to $0.00018.<\/p>\n<p><em>\u201cLooks like FLOKI is one of the few memes with a clear impulse five-wave rise from the lows on the daily, indicating the low is in.<\/em><\/p>\n<p><em>Would be very interested in bidding pullbacks around the 50 fib if given.<\/em><\/p>\n<p><em>Have always had a soft spot for this one.\u201d<\/em><\/p>\n<figure style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/pbs.twimg.com\/media\/Gq9UYwqWYAAL2JK?format=jpg&amp;name=medium\" alt=\"Image\" width=\"1200\" height=\"1012\"\/><figcaption class=\"wp-caption-text\">Source: Bluntz\/X<\/figcaption><\/figure>\n<p>At time of writing, FLOKI is worth $0.000098.<\/p>\n<p><em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/x.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/><em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt;\">Generated Image: Midjourney<\/span><\/em><\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>A crypto strategist who nailed the Bitcoin top in January is warning that BTC\u2019s recovery rally may witness an abrupt end. Pseudonymous analyst Bluntz tells his 318,200 followers on the social media platform X that Bitcoin appears to be forming a bearish divergence on the daily chart. The bearish reversal signal suggests that bullish momentum [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":249773,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12919,12920,17058,8630,22864,5054,674,1173,1820,13377,9512,6226,11048,11086,18063],"dealstore":[],"offerexpiration":[],"class_list":["post-249772","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-bearish","tag-bitcoin","tag-btc","tag-flashing","tag-floki","tag-gathering","tag-gold","tag-leg","tag-news","tag-reversal","tag-signal","tag-steam","tag-trader","tag-trading","tag-warns"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trader Warns Bitcoin (BTC) Flashing Bearish Reversal Signal, Says Gold Gathering Steam for Next Leg Up - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=249772\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trader Warns Bitcoin (BTC) Flashing Bearish Reversal Signal, Says Gold Gathering Steam for Next Leg Up - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"A crypto strategist who nailed the Bitcoin top in January is warning that BTC\u2019s recovery rally may witness an abrupt end. 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