2\17 Bitcoin Update ~good evening,
we're approaching a critical area down here - this last leg down should mark a local bottom of this 5 wave impulse.
what comes next will be determined based off how it exits this zone.
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if it moves up in a choppy 3 wave move - ez short
if it rockets out of here, well we just hold on for your dear life.
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mean retracement target = 42.8k
if it pushes above with increasing volume - stay tuned for an update 💰
Xbtusdt
Quartervois.good evening ~
a quartervois is a crossroad; a critical decision or turning point in ones life.
btc is currently at a critical point, and a big decision will be made in the days ahead.
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i've got 4 projections on my chart here,
3 bring us down to the area between 31~27k
1 takes us up to the area between 48~50k.
the choice is yours.
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full disclosure; i am bearish for now - and have no reason to be bullish until the charts tell me otherwise.
once this final long liquidation event takes place, i'll have a lot of long setups, but until then i am cash \ sniping shorts.
✌
leg daygood evening ~
my idea remains the same in the mid-term.
looking for a little move down to 28k in the next month or so.
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it's possible we see one more little extension to 48k before this takes place - but only if 41.7k can hold as support.
if btc rips through this key level, there's a good chance the top is in as discussed in my last post, and we will see a bleed down until that larger algo target sub-30k is met.
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>if we do expand to 48k,
>the pullback that follows will dictate bitcorns destiny.
will talk more about this later.
✌
full send. (primary)follow up to the original thread via 👇
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my bias remains the same despite this little move up.
looking for 29~30k before we see a larger move to the upside.
still adding to my short from yesterday \ sticking to the og plan.
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not financial advice, just a bet against the majority.
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wave 5 target = 29k
Bitcoin Analyze (Short Term/Timeframe 4H)!!!🔨If you didn't read my previous post about the road map of Bitcoin, please read it first and then look at this post🙏.
Title : Bitcoin Analyze (Road Map)!!!🗺️ (Update)
Where can be the end of microwave 4 of Main wave C ❗️❓
Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰
🔴For answering the above question we have to check out the resistances that Bitcoin will face.
❗️I am seeing Heavy Resistances zone in front of Bitcoin.❗️
🔴 Heavy Resistances zone : 42260$ until 41780$ ( Fib Cluster ) + Downtrend line + Fib Channel (Trend line) + 61.8% Pitchfork's line + 23.61% Fibonacci Level ( BTC Logarithmic Curve Zones ) + 50 SMA @ Daily Timeframe ,so we can find our triggers & the end of microwave 4 of Main wave C at my TRZ ( Time Reversal Zone ).
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅ 'like' ✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
btc (bull case).morning,
as btc moves higher and higher out of this range, a bull case surfaces out of the woods.
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If a bottom has been put in, (big if), then we are likely beginning a large 5 wave impulse to the upside.
that impulse would have us coming up above 200k.
it won't go in a straight line, and there will be plenty of opportunity along the way to jump in, so there really is no need to fomo.
my plan, if this continues to develop, would be to patiently allow the first wave to complete, and grab some longs on the wave 2 pull back 💸
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ps. to me, it really doesn't matter which way the market goes, we made a lot of money on the way down, and if it wants to start moving up, we'll easily make even more money on the way up.
ps.2 just know; i'm not saying this is what is going to happen - just an argument against the bear case as of this moment. there is no single path in the market, so expect the unexpected and be ready for any outcome.
best of luck!
"they didn't know"and if you don't know, you will soon.
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here's my completed primary wave count of the entire drop from 68k
i believe we're playing out an ending diagonal for the final wave C of the larger wave (4) of a higher degree.
this final move down sets us up for a massive move up in the year ahead.
looking for 28~29k as a downside target before a move up that takes us closer to 150~200k.
✌
logarithmic bear fork.this morning we broke out on the linear scale, but the linear scale isn't really something that i care very much about.
i'm a logarithmic trader, and this is my logarithmic bear channel.
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as btc approaches the top of my channel, i'm starting to see signs of weakness.
i'm short from up here unless btc breaks out of this one 🔨
🌽good evening ~
been pretty much on the sidelines with crypto these last few days - made a few scalps here and there, but nothing more than that.
as the pattern continues to unravel, it looks a bit more clear as to what is happening here.
possibly working on a larger abc\wxy in this local region.
how it fits into the larger count is beyond me, but it's probably some kind of larger wave 4.
also possible it could be turning into a massive leading diagonal (which would be interesting as well).
time will tell as to what this move becomes.
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though, what i do have to say is, i think we find a local bottom around 36k, and make our way up to 42k in the week(s) ahead.
could take awhile, or maybe it moves fast; give it time, and let patience take the wheel.
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wave b target = 36
wave c target = 42
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cashmeoutside how bout that?good evening
lot of bulls in this market right now
i can sense the euphoric moon bois creeping back in over these last few days
love it when this happens.
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been hanging out in cash since yesterday, and decided its time for a little short swing.
my target on this trade will be closer to 30k - and i also get this feeling that 30k is not going to be the bottom quite yet.
feel like we have a few more months of pain before any kind of life comes back into these markets.
✌
30k by end of weekgood evening ~
so i was really hoping to see 40k get hit before this next phase begun, but it seems a lot less likely after this little drop over the last couple hours.
after breaking structure earlier, i do believe we have begun the final fifth sub-wave of the final fifth wave of wave (c) of a larger wave W (try saying that five times lol).
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i'm predicting we hit 30k by the end of this week, and that will mark a significant bottom in the crypto space.
how high we go after will be discussed in a future post (if you saw my recent video, you know exactly what i'm anticipating).
be careful this week.
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wave 5 target - 30k.
40ozgood afternoon,
btc is currently in a pretty tight squeeze
the order books are packed out with large buy \ sell orders in this local range.
one side is going to lose, and a big move is going to take place.
my bias is a move up to 40~40.5k
might stay in this squeeze until tonight before it pops.
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it could very well break down as well, so a tight stop is in place near the bottom of yesterdays daily low.
ps. if you have followed along for awhile, you'll know what the hammers on my chart indicate.
🔨🔨🔨🔨
distribution vibes.as btc approaches the local area of distribution, i could see signs of weakness appearing.
overnight move up doesn't look impulsive anymore
volume is decreasing
resembles wave b, x, or 2
if this is wave b or x, then we likely see 40k in the days ahead after a little dip down to 34~35k
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if its a wave 2, then we drop to 32~28k from here.
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i don't know what the market wants to do, all i know is i'm ready for either outcome.
are you?
✌
the final traphope i didn't scare you with that sell-off earlier,
just purging some late longs.
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anyways -
let's talk about:
>the decreasing volume into this push down
>funding is negative as of right now -
>the moonbois have scattered,
>fear is back in the markets
>>seems extremely bullish from my perspective.
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as we approach the 0.50% retracement, we are also back-testing the 1h ichimoku cloud -
if both of these levels could hold, i expect btc to make its way up to around 40k by friday.
this will minimize the potential loss mm could have from the billions of $$ in options expiring eom \ give retail the final bull trap before an apocalypse begins for the new moon on the first of February.
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if you caught a short at the top of my range earlier,
could easily cover some profits here \ use it as a hedge for a long from the bottom of this new range.
-- not financial advice, this is all just art.
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~your lips,
my lips,
apocalypse.
💥
👇
32khello,
here to say
there's a good chance
that bitcorn
drops to
32k.
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i don't think that'll be the bottom quite yet, but it's a step in the right direction.
stop just above yesterdays high ~
-not financial advice btw.
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as for what this structure is,
it's the most superior bull trap in todays markets.
>called an expanded flat.
>designed to trap bulls \ give beginner traders the wrong impression about which way the market is headed.
>learn the expanded flat, become a master of this market.
also - if you know, you know 👇
✌
How deep does the rabbit hole go?“You take the blue pill, the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in wonderland, and I show you just how deep the rabbit hole goes.”
-Morpheus.
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I have talked about this scenario in so much detail since around July, have done many videos discussing my entire count from the beginning of time, wave by wave leading up where we stand today. Warned everyone, but most never believed me.
Would just like to say, i'm not here to convince you, nor am i here to be right or wrong. I merely share what i see on the charts and nothing more.
When I'm wrong, I learn - when I'm right, well that's nice too.
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March\April of 2022 will be the time we go long, and it'll be a time many of us will remember for the rest of our lives.
Might even be the last trade I take before going ghost.
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Ps. the path we take to get down to my target is unknown(since the market is never linear).
Expect infinite bull\bear traps along the way,
but if you are patient enough to withstand what is to come,
then you deserve eternal prosperity 🤝.
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💸
one more leg 💰good evening humans,
so we saw that flush which i discussed in last nights post via 👇
but i don't think it's over yet.
this move came down with far too much force, and hit a very important level (the 2.618) wave 3 extension
which brings me back to my point -i think we have one more leg down to go - to about 33.8k
this will complete something big, and we will wiithout a doubt in my mind see a massive reversal from this level 💰
Wave 5 target = 33,743
btc 1-20 update.good evening yall.
in my last video update i discussed this exact scenario in extreme detail. go check it out if you haven't yet to get a better understanding of what just happened.
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talked about it in this post as well via 👇
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i share tons of scenarios, as i anticipate every possible outcome, every single time.
have always said this, the market isn't linear, it doesn't care about us, nor our ideas. if i could think of 5 outcomes, i share them all, and i await for one to start playing out - once it does, i simply trade in that direction.
i caught a trade at that 1.618 w3 target, and am currently up close to 100% on my 77x leveraged position - if i had not anticipated this scenario, i would not have caught that trade.
this morning when i exited all my positions, people told me i excited prematurely, some guy even laughed and called me silly - but something felt wrong about the market, and my intuition told me to get out. i will always listen to my inner voice, as it is what got me here in the first place.
>i rather exit prematurely, than too late.
let that be a lesson to you.
best of luck peoples, i really hope you had a stop loss if you were long from this morning.
✌
alternate btc case ~good morning,
seeing an alternative path right now.
it's a lot less likely to the first one i shared yesterday, but it's very much possible.
a lot of people are excited right now, expecting higher prices after this little move up - but we're in a complex correction here, and complex corrections are known to trick the majority.
it's very possible we raid the low 40's before making the highly anticipated move up to 45~46k.
not saying this is what's going to happen, but it's certainly in the realm of possibilities.
-expect the unexpected, and have a nice weekend.
𝟒𝟔𝐤good evening,
i was observing the order flow all day today, and it's quite apparent that there is a little phase of accumulation taking place in this range.
gotta lean with the original case from here, with a slight twist.
think we see a move up to about 46k in the next 9 days.
max pain on $2,039,677,024.46 worth of premium for the monthly cme expiries this month sits at 46k, coincidentally in confluence with my algo target.
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bullish invalidation on this swing sits at $41140.0 - stop loss just beneath.
wave C target = 46k
bulls, just wanna have fun 💸quick update to my previous post via 👇
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the bears have been having an absolute ball over the last few days
they've been super excited, thinking we're going to 30k or something (lol)
i am the bear slayer
and i'm calling for a short squeeze within the next 48 hours
if you are a bear, and you're reading this
just know
that you will be slayed.
✌
bitcorn to da moon?no, not yet young grasshopper.
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looking like a classical wxy as of this morning
will reject one of the pink levels on my chart - i take profit on my long at every single one \ move my stops up higher into profit as we go.
wxy's can take time and are extremely corrective moves, so this last dip could take another 1-2 weeks to play out before we finally begin any kind of move out of this range.
downside target is sub 41k - could go low, but not lower than 39651.0.
it might be a 1-2 once it's completed, or an a-b; we really won't know until we see the move that follows out of this range.
✌