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XBT30M trade ideas

BTC X wave target (following fruition of my prior post)Still expecting a 5 wave structure to hopefully crash into the overhead resistance of a meme line. Following my last post, we require the current 'wave 3' to finish then a wave 4 pullback. BTC dominance looking poor so hopefully alts can far exceed and we can get that alt season we spent so long waiting for amirite?! No timeframe has been harmed in the creation of this post (as none was analysed.. as per usual.. we've been over this.)
BITMEX:XBT
by thekevin
BITCOIN - Bullish Outlook and Expecting a BreakoutCPI report released today and a 0,2% expectation for the month vs 1,3% last week is expected to be a 'good result'. Last week Btc intially dropped on high inflation before rising. Volatility is part of the 'game' and so it will be today as well. In any acse my outlook is Bullish for reasons I have explained before. Chart. Middle of ascending channel is holding nicely as support. That means i am a buyer today, going Long. Major news/fundamental: Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin Wood also notes another Bitcoin metric indicates BTC could actually surge even higher. “The illiquid supply, according to our estimates, is about 14 million out of the roughly… 18-19 million Bitcoin outstanding… And by our calculations, only three million units are truly liquid. And so the demand – if we were to see a $1 trillion increase in demand – then it would probably drive the price up much higher than the doubling that I just mentioned.” One Love, The FXPROFESSOR Check my previous ideas on finding the BTC Bottom here:
BITMEX:XBTLong
by FX_Professor
7
Where should I exit my BTC?A Common question amongst Crypto Traders is where (and how) should I exit my BTC positions.. We can exit our positions similarly to how we entered them; in a scaling process. The difference between EZ1 and EZ3 is TIME. You do not have to wait this whole time because it is all too possible we bounce from EZ1 for you to take RE longs, Most likely for intraday and scalp Trades. You can also use these zones as HZ's and for shorts (lightly) We DCA IN... and scale out accordingly. Always Trade HVA's lightly.
BITMEX:XBT
by WillSebastian
4
BTC UpdateCurrently looks like btc has finished a downtrend with a truncated corrective wave, into a wave 1, then a (bullish) abcde wave 2 correction. What would follow is a wave 3 and 5. I do believe we go lower after this which is why I'm calling it a 5 wave X wave and not the bullish minor waves of a larger wave 1. It may take some weeks (month or 2?) to finish the X wave before lower lows. We must remember that BTC managed to acquire the lowest weekly RSI readings since inception. BTC will hopefully move up to "cool off" the RSI before going lower. This specific count is invalidated if the rising channel fails and the E goes under the C. Even if that fails it could still be some sort of WXYXZ which would still be a valid 2 but this is less likely. All invalidated below the wave 1 bottom of course. As ever - ignore timeframes. I do not do time analysis. The length of these lines are purely conjecture.
BITMEX:XBT
by thekevin
3
Bitcoin Trend as calculated through a Linear RegressionNumber probably go up now, if not number will go up around 7.5k/8ks. So, at most you may be risking a 20-30% draw down if you buy the dip now. So, that would be your risk, now how about reward? well, the sky is the limit when it comes to a hard capped sovereign, autonomous, censorship resistant, scarce Commodity with unique abilities pertaining to currencies, store of values and speculation. ( I know this shit is messy, but in terms of probability as defined by the bell curve in statistics, this trend regression can give us real odds of price reaching certain price ranges).
BITMEX:XBTLong
by Mr-TA
1