hightableandy

hightableandy

If you look back in Bitcoin's history for the past 3 cycles you can see that after breaking the previous all time high it has about 280 days to 350 days before reaching to the top. Also take a look at the long term trend line which has been very strong throughout the past 9 years. In 2022 Bitcoin dropped under $20k and in 2023 it was a major resistance before...

hightableandy

Bitcoin is currently facing an intriguing situation with two significant gaps in its price chart. The first one, at 35,000, has remained open for over 420 days, making it one of the longest-running gaps in Bitcoin's history. Simultaneously, there is another gap at 20,000, which presents a compelling scenario. Examining the risk-to-reward ratio, initiating a...

hightableandy

After analyzing the CME gaps, all of the weekend gaps have been filled previously besides the 8450 gap. Furthermore, the longest time it took for a gap to fill was 43 days which was done in August 2018. So far the gap has been opened for 29 days and I conclude that BTC will hit 8450 in no more than 2 weeks from now. There is a chance the price will continue...

hightableandy

As you can see in this chart, BTC has some confluences in resistance with the green parabolic curve and the red down trend line. I'm convinced that if we do fall from here, and IF we have already bottom, the next drop will be the best buying opportunity before the next run up. However, I am currently sitting in a BIG SHORT from 5240 and will ladder more if price...

hightableandy

After trading the run up from the $4000 region, the price action for BTC has slowed down. Moreover, volume has been decreasing and the price has been consolidation within an ABCDE pattern which has broken out only slightly. There are also many bearish divergence signals at this point that it looks more like a distribution pattern. I have laddered shorts from the...