DealerBTC

DealerBTC

In my opinion, traders must not got ahead of themselves with the current price action. I believe that there is still potential for further downside. If $56,000 does not hold as support, I believe that there is a likely chance of price visiting lower to $36,000-$38,000. I have closed my long trades because I do not like the local price action in terms of supporting...

DealerBTC

In my opinion, if price clears above $62k, there is a good probability of continuation to $73,000. The price action the past few hours was relatively peculiar in my opinion. I have closed my shorts and I am currently long, despite being cautiously long. This trade idea is not financial advice. I am not any kind of financial advisor. Thanks for hitting the like...

DealerBTC

I've been very cautious with crypto the past few months. In my opinion, the price does not have any buyers up here. I think that it's likely that whale continue lower to wipe out leverage. If below the August low, $36,000 would be the next level of support for me. I've said many times that multiyear support is at $6000. This trade idea is not financial advice. I...

DealerBTC

In my opinion, this is the only bull run that matters right now. In my opinion, price is setting up for a move to $2900. This trade idea is not financial advice. I am not any kind of financial advisor. Thanks for hitting the like button and for following me!

DealerBTC

In my opinion, price is setting up for a fantastic move to the upside. It's been several months of consolidation or shake and bake. I believe those waiting for $40k and below will likely get left in the dust. Up up away to $94k and onwards. All that short talk, I don't want to hear it. Time to eat those shorts. Remember the age old mantra - Don't Fight The Fed....

DealerBTC

In my opinion, the market is priming to put in a big shift to the upside. Ethereum looks juicy and loaded with potential for the future. In my opinion, bulls will set their sights on $5700 before continuing higher. September, in my opinion, will likely shift the market into a higher gear. Opportunity to load up down here may not last that long. This trade idea...

DealerBTC Updated 

Looking at how the weekly candle is setting up, there may be serious danger brewing for the bulls. In my opinion, failure to push higher to new highs + break below August low may produce a heavy bleed down to near yearly open around $2072. This trade idea is not any kind of financial advice. I am not any kind of financial advisor. Thanks for hitting the like...

DealerBTC Updated 

In my opinion, price is consolidating before a big move to the upside. If price clears above $2483, I believe it is likely to continue higher to $2875. Geopolitical and economic conditions seem right as well. This trade idea is not financial advice. I am not any kind of financial advisor. Thanks for hitting the like button and for following me!

DealerBTC

This trade idea is to update that I have closed my shorts. I feel that the price is being supported at the current daily low. If price were to move above the current daily high, I believe people would not be prepared. If the current low were to break, I'd look to the short side again, but for now it hasn't broken. If price were to continue above the current...

DealerBTC Updated 

I previously published a trade idea named "ARE YOU A SUCKER?" I definitely was not a sucker. Despite longing, then shorting, then attempting to long again, I did catch the short on Ethereum prior to its drop yesterday. I also scalped it short from current monthly highs. I tend to trade the lower timeframe but keep a focus of the larger timeframe. However, now I...

DealerBTC Updated 

In my opinion, this is a meme coin that is relatively very undervalued and there is a great long or buy the dip opportunity right now for big potential returns. I believe it is a good time to roll the dice - especially because I think BTC and ETH will rebound. This trade idea is not financial advice. I am not any kind of financial advisor. Thanks for following...

DealerBTC Updated 

In my opinion, SOLANA price action is relatively very bullish. If BTC can continue to kick up, which I think it likely may (see my BTC trade idea linked to this trade idea), I think it is not out of the question for Solana to retest $250 and continue to make new highs @ $300+ This trade idea is not financial advice. I am not any kind of financial...

DealerBTC Updated 

In my opinion the recent bullish momentum seems to be fading out. I believe going into the first seven days of August traders with a bullish bias should be extremely cautious. In my opinion, price is likely to revisit the area near the current monthly low @ around $56,760. I believe a break of this would lead to a move further down to $44,000. I think many traders...

DealerBTC Updated 

In my opinion, price on the lower timeframes has shown signs of support. I believe that a long trade is warranted considering the prospects of a good risk/reward trade, especially after the recent drop. Any Ethereum related ETF news that is deemed bullish may fuel the price to push up. I, however, will keep my expectations in check. For a bounce play, I believe...

DealerBTC

In my opinion, I think the price for BOB has tremendous potential. I did like the price action the last few months. As this is a meme built on the ETH network, any ETF news could serve as a catalyst for ETH meme coins. I believe this coin is definitely worth a gamble. I think it has potential to be a contender for one of the top meme coins: marketcap $6 billion,...

DealerBTC

In my opinion, the local price action over the last few days tells me that the price wants to go at least deeper down to the $62,000 region to wipe out greedy buyers and see if there are enough buyers willing to pick it up at a discount. Yes, I generally have been bullish but I haven't had my expectations met just yet. Keep in mind that when I published my BTC...

DealerBTC

In my opinion, if price even taps slightly above $69,300 the dip is pretty much done and off the market goes. Expecting altcoins to pick up more steam on the next leg. This trade idea is not financial advise. I am not any kind of financial advisor. Thanks for hitting the like button and for following me!

DealerBTC

In my opinion, if a dip were to take place, the $62,000 would provide support. I believe this would offer a great discount on some altcoins. I believe chance of a reversal to the upside would be likely in the second week of June. As I've already discussed in my BTC Consolidation trade idea, I believe the market is undergoing a period of consolidation. Thos with...