themarketknight

themarketknight

We are trading into Bullish Take Profit One, which also makes the structure on the daily timeframe bullish. Good news for scalpers, but I'm into position and swing trades. I really wanted to get deep into discounts, but oh well, we make the best out of it, whatever market makers do! We need to adapt around it; it's a job. So as of now, we have a bunch of bullish...

themarketknight

Happy New Year, traders! We have absolutely sick price action in Bitcoin charts. Every single swing trade for big players is being liquidated on every daily fractal. It doesn't want you on trades. This means two things: they eat up sells and buys. It's really hard to hold large trades with this price action. As of now, we have a next TP, not yet liquidated,...

themarketknight

We are closely looking level 90,682.58 on the BTC/USD pair. It appears the market is entering a bearish pullback towards the end of the year. On the order book, we see large funds selling positions to secure year-end profits. We consider this market condition a pullback phase if we break through the 90,682.58 fractal low. This is normal and occurs every...

themarketknight

If we zoom out and give the chart some breathing room, I would hold my stop loss under 90682.58, just in case these market makers decide to go for another swing higher. I have my spot positions loaded there, but sadly, last week my swings were stopped out at 100K. This chart is unpredictable and doesn't seem to follow fundamentals; it makes magical moves, so it's...

themarketknight

As a trader, it's really hard to keep up with this mega asset. We saw extreme buying orders coming in last night. We had swing trade runners targeting 100K for a few months now, but all of them got stopped out overnight while I was asleep. I'm now out of my trades, and the price is still climbing. Overall, it's been crazy profitable, but we need to acknowledge...

themarketknight

So on the weekly, we're very bullish. However, the daily chart shows low-volume days, which can be frustrating. Last night, we finally filled the gaps and single prints, setting the stage for a potential upward move. At least, that's my opinion. If we start breaking down, I'll need to take profits. Who knows how big the pullback could be? But for now, we're...

themarketknight

99K price tag as of now, absolute money machine, top asset in my book, just great to open screens and see how this thing has moved again and again. Absolute best year in history of trading. So what happens if we take 100K? Well, we have 49050.01 low to play with. If price gets some sort of bullback, we're cool with it. I'm not closing my spot trades, allowing the...

themarketknight

So Month Later Price has filled orders and finally got going, easy 50% Spot gain profits are ahead of us, happy cruising!

themarketknight

Overnight rally flipped the high of 93.495, massive volume behind us, cruising into Big TP 100K. I've decided to leave my stops into the previous day's low and let it do its magic. After the election, all TA and FA doesn't matter. The market maker has set the price to eat all sell orders and just let it go. We don't know if it's 100K or 150K. I'm sure I'll hold my...

themarketknight

Its been bless to trade this asset, absolutly amazing , in my 17 years of trading i never seen anything move as much as btc .In my 17 years of trading, I've never seen anything move as much as BTC. It's the only asset in the world where you can make more with spot trades than swings. Absolute beast. All we need is 100K and then some, lol. Stay patient, fellow traders.

themarketknight

We've seen another low in. It's been an incredibly bullish year for the crypto market. Hopefully, you've managed to capitalize on a few profitable trades. Given the current market momentum, shorting doesn't seem like a wise idea. Lets see how far they will push it. Peace!

themarketknight

Will we go and hit all targets this year? As of now we do have only to rely on bull backs and overall fundamental analysis. We have Big Numbers Ahead of us,80K 90K 100K ? Whitch one you bet on. We still trailing our runners so lets see how far we get with it.

themarketknight

Big Question, Should i Short BTCUSD Now? I have My Stop under 74463.96, this is for me price whats saying bullback is getting started, reasons would be that we are unable to push price higher in morning sessions, while ny session has not started yet, we dont have any bias as of now, thats what we call inside day when we are stuck behind yesterdays candle. Although...

themarketknight

After months and months of anticipation, the long-awaited ATH has finally been broken through. So, what's next? We're now waiting to see if the weekly and daily candles close with bodies above the ATH. Until then, we'll continue scalping with a bullish bias, but we'll also hold our swing trade runners with stop-losses below the previous week's low. Overall, we've...

themarketknight

After months and months of anticipation, the long-awaited ATH has finally been broken through. So, what's next? We're now waiting to see if the weekly and daily candles close with bodies above the ATH. Until then, we'll continue scalping with a bullish bias, but we'll also hold our swing trade runners with stop-losses below the previous week's low. Overall, we've...

themarketknight

We have incoming FA (fundamental analysis) with massive volume behind the price right now. Our stop-loss is still below the range low at 65,149, and we plan to start managing it after the first pullback. Let's see how far the price continues to move.

themarketknight

Another monthly bullish candle has closed, but the bullish bias stopped the trend just before the all-time high in BTC/USD pair High liquidity has been grabbed, and we've seen a massive bearish reaction. I have a runner and a stop-loss below 65,149.51. If we lose this level, we're in bearish mode. Let's see what market makers are planning to do this week and what...

themarketknight

Bitcoin has pulled back into a discount zone after its last range before new highs. We are patiently waiting for a rotation higher. Whatever happens, we don't want to lose the $65,500 low; that would signal a bearish shift. Let's see if we get volume tomorrow and start cruising.