SHORT POSITION— “A minor correction to $71,645 or higher!”
Updated
Bitcoin has entered full manipulation mode. The waves are accelerating, and as I warned yesterday, the slow bleed has begun.
There’s a top red trendline that connects the wicks and the upper body of a key candle, signaling correction territory. Below that, there’s a green line in the same format, pointing toward a bull run. This top red trendline agree perfectly with my sharp shark fins—a strong signal that correction time is here.
This is for short-term traders. Long-term holders, you’re safe; Bitcoin isn’t crashing, just correcting. I’ve marked red arrows pointing to my shark fins for clarity. The Ichimoku is hovering around the dip’s end, though I’m not claiming that’s exactly where price will settle. Right now, I’m using GANN and ATR. I’ve added Ichimoku as additional guidance. After comparing with my smart money whales and dark pools, here’s what’s happening: The bait has started, and new retail investors are being lured in by none other than Grandpa Tom.
The price will dip to one of these levels. When the correction wraps up, I’ll be looking for Bitcoin to rise above my contraction line to confirm a re-entry.
I didn’t connect the double-bottom zig-zag to the wicks, so you can clearly see the double is filled. While many signals point to correction, that’s not my primary focus but my smart money movements.
This is the result when Grandpa Tom, the shepherd of the herd, stirs up excitement, telling everyone Bitcoin’s headed to 100k right now. My advice? Don’t follow Grandpa Tom’s hype. He tends to jump in at pivot highs. I even told Grandpa Tom to stop spreading his pivot-high advice, but he brushed me off, saying I didn’t know what I was talking about and I needed to “research more.”
There’s a top red trendline that connects the wicks and the upper body of a key candle, signaling correction territory. Below that, there’s a green line in the same format, pointing toward a bull run. This top red trendline agree perfectly with my sharp shark fins—a strong signal that correction time is here.
This is for short-term traders. Long-term holders, you’re safe; Bitcoin isn’t crashing, just correcting. I’ve marked red arrows pointing to my shark fins for clarity. The Ichimoku is hovering around the dip’s end, though I’m not claiming that’s exactly where price will settle. Right now, I’m using GANN and ATR. I’ve added Ichimoku as additional guidance. After comparing with my smart money whales and dark pools, here’s what’s happening: The bait has started, and new retail investors are being lured in by none other than Grandpa Tom.
The price will dip to one of these levels. When the correction wraps up, I’ll be looking for Bitcoin to rise above my contraction line to confirm a re-entry.
I didn’t connect the double-bottom zig-zag to the wicks, so you can clearly see the double is filled. While many signals point to correction, that’s not my primary focus but my smart money movements.
This is the result when Grandpa Tom, the shepherd of the herd, stirs up excitement, telling everyone Bitcoin’s headed to 100k right now. My advice? Don’t follow Grandpa Tom’s hype. He tends to jump in at pivot highs. I even told Grandpa Tom to stop spreading his pivot-high advice, but he brushed me off, saying I didn’t know what I was talking about and I needed to “research more.”
Note
The 15-minute timeframe has taken its dip, and now the 30-minute timeframe is beginning a deeper decline. Next up, the 1-hour timeframe is set for an even greater drop, potentially leading to a significant fall on the 4-hour timeframe, with a target around the 71k level.Note
There’s a whales trap at $76,044! Note
“This Gann is now disqualified from this idea, but the ATR still targets a price of 2432.2 pips, pointing to a short position at $72,640. According to Gann, the price shouldn’t drop below $74,300—a significant difference in price levels.
Here’s how I see it: ATR stands strong as the most reliable indicator in this situation, consistently outperforming others, including Gann. ATR is simply more trustworthy.”
Trade active
Pay attention—this could be the key to escaping volume manipulation!
If some of you remember, I once mentioned I had a specific price target for Bitcoin’s end point, but I kept it under wraps. Why? Because revealing it too soon could influence the market. This is how seriously I approach trading. It’s not that I don’t want to share, but when the time is right, I’ll reveal the price.
Whales are masters of psychological manipulation—mind readers of the market. I’ve trained myself to match their cunning, using candle analysis to work against them. For those who listen, this could be your advantage. But there will always be some who ignore the warnings. Many traders will dive in headfirst or cling to positions, hoping for the best, but they’ll be blindsided. My warning since 11/5/24 of a minor correction might seem delayed, but mark my words—it’s coming.
Whales have engineered a trap within this BULL CYCLE that could trigger a crash—yes, a crash in the midst of bullish momentum! Surprised? That’s the level of brilliance these smart money players operate on.
I see a lot of traders shouting that Bitcoin will soar past 100k. I’m not there yet. I’ll assess post-correction, carefully calculate before I announce any new target. But as Bitcoin nears its next destination, be warned: when the major correction hits, it’ll strike with the speed and force of a cobra’s bite.
I’m not yet a full-time trader, but I’m gearing up to be. My mission? To invent every tool necessary to dismantle the wicked strategies of smart money, who have financially battered retail investors for years.
Note
🚨 Attention Traders: BITCOIN has officially entered a contraction phase, with prices trending down to $71,647 on the 4-hour chart. While this isn't an immediate drop, it signals a continued move lower. This level aligns closely with the Gann projection of $74,645, differing by only $2.Note
Attention Traders: Bitcoin is in the throes of a dangerous game. Major players are pulling the strings, creating wave-like traps to lure in unsuspecting retail investors. This is no ordinary correction; Bitcoin is flashing signals that demand caution. Stay out for now—the waters are far too treacherous.
My ATR suggests a potential descent to 70K, but it's a risky 50/50 gamble. Picture this: Would you dive into waters teeming with killer whales and sharks? Because that’s exactly where Bitcoin is right now. Don't get baited.
Note
Bitcoin’s latest moves are dripping with deception. It’s luring traders, flashing hints of an upward surge—tempting all of us to think it’s on the way to new heights and will. But the reality? It’s not what it seems. Behind the scenes, the big players are laying their traps, manipulating price action to pull in hopeful buyers, only to leave them stranded when the tides turn. This isn’t a simple climb to the moon; it’s a calculated game of smoke and mirrors.
I’ve been up all night, poring over measurements, recalculating every move, coding new strategies to decode their schemes. My research led me to a crucial number—$77,247. That’s the line I don’t expect Bitcoin to cross. And so I set up an auto-long position, armed with ATR calculations, to catch it if it tries.
But even with all that work, it’s a coin toss—a 50/50 shot to $77,247. This is the nature of Bitcoin, where every high is shadowed by a risk-laden fall. It’s the Wild West, where you’re either sharp or you’re caught in the traps. As always, caution and strategy are the only shields in a market where fortunes are made… and lost.
Note
“The ATR currently points to a level of $77,247, but it’s a 50/50 scenario. Even if the price rises, I don’t anticipate it exceeding $77,247. To clarify, I wouldn’t recommend entering a trade right now—there have been ongoing traps set up over the past several days, adding extra risk to any entry at this stage.”
“Long term traders are safe!”
Note
“Last night, during the research I mentioned, it became clear that Bitcoin is likely headed down to the 71k zone. This spoofing behavior has historical precedent.
But let me be clear—do not enter the trade solely because technical analysis points to 71k. Once this level is reached, we’ll need to wait for the contraction to signal a clear entry, which won’t happen immediately, even if prices start to surge.”
Note
“Let the other retail investors drive the price higher in which is what I’m seeing—the trap is perfectly set! We wait as the stage is set for the next big move!”
Note
—Captain Candlestick—
Ladies and gentlemen, it appears Grandpa Tom has officially gone viral on social media, rallying the masses to buy Bitcoin with all the confidence of a seasoned market guru! According to him, Bitcoin is unstoppable—no correction, no pullback, nothing but blue skies ahead!
Grandpa Tom insists we need to “take Bitcoin a little more seriously,” like it’s the secret sauce to eternal market success. But you know what I told him? “Whatever, Grandpa!”
Captain Candlestick here, watching this unfold like a front-row seat at the latest market drama!
Note
“Keep an eye on the ATR level of $77,247 which is tops and there was a 50/50 chance of reaching this high!”
Note
“This is for anyone who hasn’t entered the trade—don’t jump in now! The world isn’t ending today, and your opportunity will come. Patience pays.”
“Retail is driving the price up, much to the delight of the bigger players. It’s all part of their psychological game.”
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