All my data shows that the last 2 days gains were all beneficial to the act of increasing how low btc can go quicker and all of the timeframes 30m to 1 min have already confirmed they are pushing price down. We could still be going up short term since the 1hr-6hr still show me they are going up but it has not been long enough for them to change yet this is the early likely call to short. 12hr and day have said we hare going down for a long time, the others change and say we are going up because those smaller timeframes have to correct much more often but until weekly corrects the longterm is down but I'm pretty sure we wont see a price above $8000 again for about 3 months once we below it so open shorts now or soon. I see a possibility of closing weekly in the green but a very small one but the following week would guaranteed be red and close to $6900
For anyone new my targets are still $5000 minimum $3000 maximum with a expected $3300 low which i am basing on current charts and info but if u look at my March post you will see back in march i predicted we peak near end of may and fall to $3300 by August
For anyone new my targets are still $5000 minimum $3000 maximum with a expected $3300 low which i am basing on current charts and info but if u look at my March post you will see back in march i predicted we peak near end of may and fall to $3300 by August
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P.s. don't disregard the ever possible short squeeze up $100-$600 out of no where before we start dropping fast
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I believe $8245 was too of this fake rally 2 mins ago. Short!
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There is a small chance we start back up again though until the hour closes, at end of this hour or soon after (mins) we will go down i believe or just go down now
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Now seeing more signs that we may push higher any minute but again i think it only lasts till hour ends.
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I take it all back its starting to look like its totally reversing again and we going up and staying there. I personally have gone to lng and going to sleep.
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Ok last update, im still long but not going to sleep. Checked all the data again and stick with my original hypothesis of we going down. I believe that will happen at the hour and need to be awake to close and short, also i still expect a wick to close shorts at the end also. The only other scenario i see is us going sideways after this hour until 12 hour close where we push again and then fall hard but that dont seem likely
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We about to drop so hard
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We goin up just a squeeze i sqy but looks big
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Im expecting we push to high before close and drop a bit right before close or we push to $8750 ish right at close and then squeeze wick followed by dump. We are up here because of the CME futures challenge to close higher then the red weekly from last week but it dont look good after the close
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Ive been short since day close but as of right now I only consider it short term short because as of right now it looks like we are simply retracing and will go up. The majority of the market is short and until that changes we wont go down since following the market is not in the whales best interest.