My previous post was a very optimistic outlook. The market might turn into full savage mode \ not even give the longs a chance to exit their positions, but instead create a massive liquidation event instead. Right now, longs are leveraged at levels unseen before. Historical highs on long leverage. If I was market maker 😏, I'd liquidate every last one of them,...
Real quick, If the top is indeed in(which i'm not saying it is), I would expect a decline to around 10k on Bitcoin (could go as low as 3k). The path that it takes to get down there is still unclear, but it will become very clear as more data presents itself. --- I'll be 100% honest with you all, i can care less about which direction the market goes. I make...
Hi, Bitcoin wants to complete its main wave 4 by Double three Correction. It was able to pass microwave W & X with Zigzag Corrections. The Structure of microwave Y can be Flat/ Triangle / Zigzag. Also, I tried to show you the targets of the end of microwave Y or main wave 4 in my chart. Bitcoin Analyze ( BTCUSDT ) Timeframe 1H⏰ Where is the end of main wave 4...
taking a look at this whole picture from a bearish perspective, just to entertain the idea. looks fairly clean to me, the whole vibe of this downward move. it wants to continue in my opinion. the 4h hidden bear, the triple lower highs, quadruple delta divergence, stacked order book on the sell side; the weak alts. all of it. this might be just a little pitstop...
good afternoon peoples, btc isn't looking so hot (yet again). was hoping for enough momentum to come into the market for the move up which i talked about yesterday, but the momentum never came. currently seeing about 7 bearish signals on numerous timeframes, which indicate short term downside in the days ahead. --- still looking for that move up, but it'll...
btc isn't looking the greatest on this fine morning, but i think a fairly nice bounce is right on the horizon. --- looking for a pivot from the local golden zone to around 33~34k in the weeks ahead. little 3-3-3 (wxy), to play out the 4th leg in our ending diagonal.
Bitcoin moved as I expected; it was able to complete its microwave 3 at 26700$ (Near the important Support Line) & makes the Morning Star 💫 Candlestick. For now, Bitcoin is on microwave 4, and the targets 🎯 of this wave can be around 32020$ and 33870$. Bitcoin Analyze ( BTCUSDT ) Timeframe Daily⏰ (Log Scale) Do not forget to put Stop loss for your positions (For...
i'd just like to start this off by saying, there is a guy who bought eth at $100 back in the day, the other day he sold off his entire position, and stated "i have had enough with this ****** bear market". (lol) this is the kinda signs i look for before we have an imminent reversal to the upside. ----- all of the anal-cysts who were calling for btc 100k back...
good evening peoples, i don't really have much to say. the plan remains the same; downside target sits between 22~23k. was able to find 7 points of confluence which align in that zone - they will act like a magnet until that target is met. the reaction from that zone will be the key to predicting what comes next. cash is king during these times 👑
a "dead-cat" bounce is a temporary recovery in share price after a substantial fall, caused by speculators averaging down on their losing positions. but a wise man once said, "the market can stay irrational longer than they can stay solvent". ---- there's a lot of leveraged longs in this market right now - for every 1 short there are 15 longs. eventually, high...
Bitcoin is playing in Ascending Channel; at the same time, it was able to make Inverse Head and Shoulder. We saw the pullback to the necking line these hours + Hidden Divergence (HD+). Bitcoin can go up near Inverse Head and Shoulder's Target. Bitcoin Analyze ( BTCUSDT ) Timeframe15min⏰ Do not forget to put Stop loss for your positions (For every position you...
good afternoon ladies and gentlemen, btc is about to mark a significant bottom. this bottom will be talked about in the books for many years to come. a lot of people have pretty much panic sold, and quit; but we the wolves awaited the full moon which comes into the sky on the 15th. once the moon appears, you will hear the howls across the lands. and we the...
The end for one, is just a new beginning for another. ---- I'm looking for a pivot up on May 15th. Highest probability target I can come up with sits between 23,984.4 ~ 22,983.80. There is a big level underneath it at 19,982.70 which can be wicked. ---- bullish going into the summer.
good evening, looks like the attempt at the short squeeze has failed, and it was almost expected. --- >btc broke down below a key algorithmic weekly channel. >playing out a sequence of bearish impulses to the downside. few key levels to keep an eye on: 24~25k (monthly 55ema) 24k = -0.236 of wave 5 of the impulse going down. 23k = 100% extension of the larger...
Bitcoin was able to make one of the most common patterns ( Expanding Flat ) of correction these days, I expect that end of main wave C of this pattern will be around Resistance Zone (42360$_42220$), and my TRZ (Time Reversal Zone). Bitcoin Analyze ( BTCUSDT ) Timeframe 4h ⏰ 🔴 Resistance Zone : 42360$_42220$ Do not forget to put Stop loss for your...
good morning o/ (or late night) if the cpi data comes back positive today, i think there's a very high likelihood of us seeing a massive short squeeze. 55k would be the upside target, on a full on expanded flat. shared this scenario a few days ago view, check out the original thread 👇 ps. it can absolutely go the other way as well, so don't throw in more...
Good afternoon peoples; Thought I'd share my macro outlook on Bitcoin with you all. This particular count has been one of the biggest challenges I've ever faced in these markets, but after a few years of experience - I feel I've finally tackled it. ----- To keep things real simple, the chart says it all. I think we're going to see 22k by around July, after...
good morning o/ nice little relief rally for da bulls but i'm afraid that's all this really is, a wave 4 bounce. could go as high as 34k before seeing another leg down to around 27.2k (where i will become a buyer). ---- what i have projected on my chart, is the highest probability path i could see for bitcoin from here, to complete the larger corrective...