Theta-Digital

Theta-Digital Updated 

now that plenty major players got liquidated market has cleared room to the upside with potential $45,000 max target, piercing the 62-78% log retracement range by end of year 2022. this is the most optimistic scenario I see at the moment for the next 6 years resembling a "soft-landing" post 13 years of monetary expansion

Theta-Digital Updated 

Expecting strong burst to $30k in July, followed by momentum to $45k this year. Weekly RSI has been compressing since the 2021 top and is soon to shift from the compression to expansion regime. Even though we are in a bear market, Bitcoin is way oversold creating risk/reward asymmetry to the upside of 10-20:1 depending on the size one is moving.

Theta-Digital Updated 

Expect a +40% short squeeze from here ($21,656) to $30k in the next 2 weeks. Trail a stop 10% below trend. Sell into spike above $30k

Theta-Digital Updated 

2022 and 2023 still under the high-water mark, breakout in 2024 towards $100k. Technically price is in an uptrend from here on already if this scenario holds.

Theta-Digital Updated 

Anybody else thinking Bitcoin to trade range-bound between 16-30k next 2 years?

Theta-Digital Updated 

Expecting a lot of counter-intuitive price action next 12 months. Not sure who will come out on top of this in terms of P&L ... market makers: are sitting out (nobody lending) long-only: will be down more from forced selling on next new lows trend-followers: will get whipsawed as there are no easy trends but volatility is high short-only: ...

Theta-Digital Updated 

3 years of bottoming process followed by 6 years of slow volatile recovery.

Theta-Digital

my near-term 2y outlook for bitcoin: 103% CAGR-trend with 52% up / 40% downside deviation around trend with 95% confidence.

Theta-Digital

Current price: $19,900 The charts shows an uptrend of +138% per year up to $1m by 2027 (50x) Don't bet against Bitcoin

Theta-Digital Updated 

I plotted the downtrend lines from last 3 crypto winters from same origin and found a pattern to predict the downtrend line for the current crypto winter (4). Since it's basically flat it has to reset into a new (shorter/sharper) downtrend line next time around in 2027 or so ...

Theta-Digital

Would hold / add to long here at $19k for a +100% bounce by end of year. Position can be up to $1bn with daily liquidity which means up +$1bn profit potential vs. in my honest opinion very constrained downside of <10% incl. slippage on $1bn (i.e over 10:1 risk-reward)

Theta-Digital Updated 

5.6.2022 - entry: $29,793 - stop: $32,000 (7.4%) targeting $23,000 by July as continuation of the 2022 downtrend. The weakness is systemic.

Theta-Digital Updated 

taking profit now from the $30k short at or under $25,000

Theta-Digital Updated 

took 36 bps profit from previous 6% short from 32,200. flipping to a 17% long at 30,300 targeting 32+

Theta-Digital Updated 

buy / hold here at $29,600 and sell at $33,000 or higher running under target vol, adding 5% to long exposure, 22% long in total

Theta-Digital Updated 

expecting continued mean reverting action towards 30k with stop liquidity pool at 28k by June 21st

Theta-Digital Updated 

11.05.2022 (20:40 GMT) - fill: 17% @ $29,330 - stop: $28,976 - risk: 21 bps buying for mean reversion to around 31.6 based on analysis attached bellow

Theta-Digital Updated 

good opportunity to take profit at 30.7 from previous 28k long.