I've been working to get into this trade the last couple of days and seem to have a good entry for now. Let's see how the volatility will be tomorrow. I expect another bump n run, but have my risk managed.
BTC PA has been very good in fighting the shorts lately. Expecting a final push to get rid of all the late shorts before the actual dump starts. It will be quick and dirty. They will not make it easy for us.
USDT.D is on a mission. After BTC dumped with positive/neutral CPI USDT/D faked out and is now going back to the spring in order to jump to new highs. Let's see if this plays out.
With CPI data bering released any minute now, BTC is getting ready for a pump and dump before we ignite the second part of this bull run. Probably CPI will come in less than expected in order for BTC to pump and get liquidity for the way down. Or do we just dump form here.... Let' see.
A lot of liquidations have taken place in the last 48 hours with BTC bouncing towards resistance. Lets see what this week will bring.
watch what will happen in the coming days. We will see a massive downwards move before continuation to the next ATH
Hi guys, we've seen BTC drop back into the bull channel the last couple pf days and consolidating. Today it spiked up and touched the 200ema and is probably heading back into the channel now. This was a great point to short. Expecting some more choppy PA here, before heading down to the bottom of the channel rather quickly. After a quick wick to that bottom we...
Before we head down to grab liquidity, there is more money to be made above recent ATH. Imo we will see a big correction f around 45% before we step into the golden bull phase.
We will see a quick pump towards 70k and a probable steep decline afterwards. Markets need some air and bitcoin needs lower prices for more demand.
We will see a quick pump towards 70k and a probable steep decline afterwards. Markets need some air and bitcoin needs lower prices for more demand.
The 72k area was most probably the top for now. Probably the ETH ETF news will be selling the news again this week. Expecting at least 48k for reversal and continuation of the bull.
I believe we should get a correction to balance fair price after the rally towards halving. Only then we have enough liquidity to push price higher towards a new ATH later this year until March 2025 before this bull run comes to an end.
This has been my trade plan so far. Summer 2024 will give us some interesting buy opportunities for the second leg up with its peak at around nov 2024 to jan 2025.
DXY is on speed. Hence DJI is ready for a cool down. LEt's see how this trade goes..
This cycle we will see a similar double top pattern like 2021. Price weill have to cool down before a next possible ATH
USDT.D is currently moving out of the channel from it's bottom towards the 200 daily ema. After a retest it should continue upwards to reach the peak somewhere in June/July this year. From that point on we could see a new wave with the presidential elections 2024 in stock market and btc.
The wyckoff distribution pattern playing out so far. Just like all previous tops in the past years. Lets see how this will play out again...
USDT.D is slowly moving upwards but tis still within the channel. Let's see how this week plays out and if we still get a liquidation pump to sweep highs on BTC before USDT.D makes new highs...