- crypto hype at its peak (euphoria)
- F&G index in extreme greed
- new ATH announced in mainstream media
- too many winners in the market for months
- vertical price rise since 40K
- momentum indicators in overbought zone for weeks
- several bearish divergences in TF4h
- downward trend in recent days
- the price action has broken its bullish oblique
- the renewed inflation will delay rate cuts
- F&G index in extreme greed
- new ATH announced in mainstream media
- too many winners in the market for months
- vertical price rise since 40K
- momentum indicators in overbought zone for weeks
- several bearish divergences in TF4h
- downward trend in recent days
- the price action has broken its bullish oblique
- the renewed inflation will delay rate cuts
Trade active:
Take profits or set SL orders:
Trade active:
Update:
Comment:
Take profits or set SL orders.
Trade active:
Comment:
TF1h: 71K rejected, bearish scenario still valid.
Comment:
Rejection confirmed.
Comment:
Strong rejection in progress.
Comment:
Tough battle around the key level of 71K.
Trade active:
Comment:
Bitcoin is starting a long fall.
Comment:
Beware, if Bitcoin rises back above 71K, the bearish scenario will be definitively invalidated.
Trade closed: stop reached:
I've misinterpreted the results of my predictive model on Bitcoin: the sharp drop isn't for now, actually there are three bullish spurts left until a new ATH.
Trade closed manually:
Comment:
Update: