Long

BTC to 69k by May. 100k by the same time next year.

Updated

Ideal entry point is below 40k (ETA: 2-3 weeks).

Target is then the 69% Fib level (69k) (ETA: 3-5 months).
1000 pip movement and TP.

Wait for sell-off to end.
Re-enter below 60k (ETA: Sept-Nov 2024).

Target is then the 127% Fib level (98-100k) within H2 2025.

To the moon!

Note

1W Candle Reversal

Note

Approaching previous short-term high. Re-test soon.

Note

Trade going exactly as-predicted. First SL perfectly positioned.
Now looking for a time to re-enter.
Waiting on re-test of new 49k support.
SL @44.5K / 23.6% Fib level.
TP @58K / 50% Fib level.
Long-term TP remains 69k.

To the moon!

Note

More detailed re-entry plan, according to new weekly bar reversal.

Predicting re-test and potential oversell below 49K, however the 1:1 gann fann level may act as a support. If not, expect previous trend line below 40K to act as support.

69K by April.

Trade closed: target reached

Closing main trade 1k early. Performance has been beautiful. 29,000 USD worth of movement in just a few weeks. What a trade.

Excited to see further movements up to 100k later this year.
We may have to update the timeline - 100k by April??

Watch this space!

Note

3rd major retest incoming before potential sell-off of profits back down below 55k.
Hard to predict what effects the April halving will have.
Timeline: 4-6 weeks.

Re-enter below 60k and HODL till high 90s.
Timeline: 12-30 weeks (maybe faster with improved adoption).

Chris4XTrading

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