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Morning folks, So, BTC shows great performance, now it almost at the eve of our primary upside target around 48.5-51.1K area. Still, BTC hits overbought on daily chart, and it would be reasonable to wait for moderate bounce. 41K area now seems suitable for this:

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Morning folks, let's keep up with our BTC analysis. So, our Thu suggestion was correct once again - BTC has jumped, breaking 4H wedge pattern in opposite direction. Now we suggest you to think on two objects. First is - is it really ETF topic that pushing BTC higher? So, the gold is raising also because of ETF? Second is, despite how strong the BTC pace is,...

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Morning folks, Just to not bother you with a lot of details, we suggest that BTC could try to challenge the top in nearest time. Despite that we're getting classic wedge shape, which should be bearish, we think that this is more the sign od bears' weakness and BTC could try to break the top. So, we do not consider by far any short positions. If you would like...

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Morning folks, So, spike up has happened as we've discussed last week, and formally, daily bullish dynamic pressure is done. But hardly it makes bulls happy. W&R suggests stop hunting action, and in general the bearish short-term signal. Of course, it doesn't mean the major reversal etc., but it could trigger deeper downside reaction. Besides, on 4H chart our...

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Morning everybody, On daily chart we have two bullish signs. First is, market is forming bullish dynamic pressure - MACD trend is bearish but price action is not and forming higher lows. Second, as we've mentioned last time we have DRPO "Sell" failure, suggesting some way of upward action. Besides, we suggest that recent Binance punishment will support BTC...

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Morning folks, BTC shows some tiredness from constant anticipation of ETF approvement. Any news do not trigger the same action as before. Still, market keeps bullish context and we do not consider any short positions yet. At the same time, we think that 37.75-38K area will be vital for BTC next step. Breaking of 38K opens road to 42K target, while failure to...

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Morning folks, So, the pullback, based on 3-Drive is done. Long-term upside target is 42K. But, now market stands on tricky background. It has to keep going higher to new top to confirm bullish context. Until it stands around the top - maybe nominal, but chances exist for downside deeper retracement. That's why, if you plan to go long - don't place too far...

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Morning folks, So, 3-Drive "Sell" has reached potential reversal point. What do we have now? DXY shows bullish weekly grabber, suggesting return back to 107.5 top, yields are raising. On daily BTC we have bearish grabbers, suggesting downside action, and here - 3-Drive "Sell". This combination tells, that if even you want to buy BTC - it would be better to...

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Morning folks, BTC is exploiting the same ETF topic, coming to the target of our 3-Drive "Sell" pattern. Major context remains bullish, so we do not consider taking any shorts. Although scalp traders, could start watching for bearish patterns on 30 min and below around 37K area, if reaction on 3-Drive starts. If 3-Drive works properly, we could get some deep...

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Morning folks, So, BTC keeps positive mood. Environment also stands friendly - DXY collapsed and yields are going down. We sill consider market reaction on strong weekly resistance area of 36K, but change the pattern that could put the start for this reaction. Last week we've considered possible H&S. Recent price action now makes us to change our view in favor...

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Morning folks, So, our intraday butterfly is done. Market now officially hits weekly strong resistance area around 36K and completed weekly XOP target. Next nearest level is 38.08K, which is Yearly Pivot Resistance 1. Since current place is not good for taking new longs, we suggest to see some response of strong area. Once of the possible ways is appearing of...

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Morning folks, Last time we've said that BTC is near strong weekly resistance of 35.5-36K area, and agreed to wait for response to consider next step. Now, week just has started, so, no response is formed yet. Still, we suggest that this is not good point for new long entry, at least from technical point of view, if you trade on daily/weekly time frames. On...

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Morning folks, BTC has hit our weekly target of 36K. Now price stands at rock hard resistance of upside XOP target, Fib K-resistance and daily overbought. It makes sense to wait for the pullback.

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Morning folks, Not occasionally last time we've said - let's wait until the close of the week. And right on Friday situation has changed drastically. We haven't got any of potentially bearish patterns. Although we keep watching for weekly H&S pattern, but since there is no bearish signs yet on lower time frames - we do not consider taking any shorts by far. If...

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Morning folks, So, reaction on fake ETF news makes evident that this even is highly overpriced. Jump just for 3K discovers that this is purely speculative reaction and no real money stands behind. Mostly I would say that this news is already worked out and no multiple raising of BTC capitalization will happen. Today we suggest to wait for the weekly close. We...

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Morning folks, So, BTC is moving by some reasons, known only to itself. Market is very thin and it seems that investors just are searching for something to make some moves. The connection to performance as safe haven as risky assets is lost. Now it was reported that some short liquidation has happened and long-term hodlers have accumulated $3.2Mln positions in...

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Well-well... We see downside AB-CD action that we've planned last week, but it has not started. Market right now is very difficult to analyse, because it is rather thin, trading volumes have dropped dramatically. And any single transaction could trigger big moves. Besides, recent drop is difficult to explain from external factors - US yields are dropping,...

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Morning folks, Technically we could say that situation remains bullish, as market is coiling right around daily resistance area and stubbornly doesn't want to show deeper retracement that we've discussed last time, so we haven't got better entry levels by far. From the fundamental background - we do not clearly understand reasons for euphoria. The sentiment is...