BTC.DAILY.20.3.2025
What we've been mapping for BTC in the past few days has been almost spot on. In previous discussions, we talked about the short position X40 held by whales, and the range where they could take profits before getting liquidated, which was around 80k (it hit around 81k in real-time). After that, BTC moved up towards higher price levels.
Yesterday, there was news about the FED's interest rate policy, but it's clear that the chart moves regardless of that. While it’s related, it’s not a direct 1:1 correlation. That’s why people talk a lot about it, worrying or anticipating the outcome...
By the way, the market didn’t disappoint those following our mapping. BTC hovered around the 83k mark before breaking through to the 87k range.
Today,
In conclusion, let’s stay focused on BTC, folks!
What we've been mapping for BTC in the past few days has been almost spot on. In previous discussions, we talked about the short position X40 held by whales, and the range where they could take profits before getting liquidated, which was around 80k (it hit around 81k in real-time). After that, BTC moved up towards higher price levels.
Yesterday, there was news about the FED's interest rate policy, but it's clear that the chart moves regardless of that. While it’s related, it’s not a direct 1:1 correlation. That’s why people talk a lot about it, worrying or anticipating the outcome...
By the way, the market didn’t disappoint those following our mapping. BTC hovered around the 83k mark before breaking through to the 87k range.
Today,
- BTC on the H1 timeframe will experience a pullback, but it's not a reason to exit your position.
- The pullback is just to move higher in the next wave.
- The action is to take profits or add more positions when BTC on H1 dips. If you're buying here, don’t buy anymore.
- Then, exit when the H4 level reaches its peak, and we’ll wait for H4 to do its thing before making further decisions.
In conclusion, let’s stay focused on BTC, folks!
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The RainBow MG3 Indicator identifies trends, reference prices, wave start times, and trend endpoints while sending alerts to your personal Telegram. Join the RainBow MG3 community on Telegram: t.me/rainbowmg3
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.