mattpark01

mattpark01

I am expecting sideways price for the next couple years until the halving in 2024.

mattpark01

After trading a couple days above VWAP Bitcon saw dropped over 5%. Could this potentially be the beginning of a bear market?

mattpark01

Long $1m on spot. Entry $53727.91 Target: $72k Price action is looking like it is recovering. Assuming we don't break below previous low we should see the completion of this falling wedge, as well as HTF wave 5.

mattpark01

Unless we can break above $55k and stay above for 4+ hours we are likely seeing what could be a wycoff redistribution event. Once this event is complete we will see the final leg down. This leg down will be 10%+ as the last leg down in this macro wycoff distribution event is typically the most severe. With it bringing us below the last support and bringing us into...

mattpark01

We have seen Bitcoin rapidly rise from ~$4875 to $69k in a matter of a little over a year seeing percentage gains of over 1650% percent. Most recently we saw Bitcoin drop from key resistance at $60k, showing clear manipulative pumping by the whales days prior. Overall, on the higher time frames, such as the weekly, monthly, and yearly, we are seeing huge signs...

mattpark01

Textbook wycoff redistribution event on 15 min, exact price level confluence of previous wave 1 closing top with 1.618 fib retracement. Target: $53.5k Below $53k is confirmation of bear market bias

mattpark01

I am bullish in the short term, VERY bearish in the mid term, and bullish longterm as usual. We could potentially see the completion of wave 5, or otherwise known as the "retail wave". In this wave euphoria is going to be through the roof. You will start to hear of unrealistic and insane price predictions. Do not be deceived. I will be looking to short around...

mattpark01

#Bitcoin could see a dump soon. Breaking and closing on the HTF above Top POC = Bullish, vice-versa. We’re also seeing decreasing momentum as we form this rising wedge confirm the pattern. Won’t be taking any large position until a break above or below main POCs.

mattpark01

POC + golden ratio confluence at $61k. If we manage to close a daily above here in the next couple days whales are going to start adding to their currently winning trades. We manage to blast through all LTF POC with ease and with high volume = This is extremely bullish at least in the immediate short term. My previous bearish thesis was also invalidated and I...

mattpark01

Since as recent as early 2020 (a little over a year ago), we've seen MASSIVE gains in amounts of 1,000%+ In my opinion, I think it is time for Bitcoin to cool off for 1.5-2 years. Based off the OBV, RSI, and many other indicators we are seeing clear signs of a potential multi-year bear market. The OBV (for the first time since the last massive crash in April)...

mattpark01

OBV has officially crossed down, retest, and failed to break back up. The last time #Bitcoin tried broke down on the OBV was back in April. Guess what happened then? We entered the multi-month bear market. I think this time will be much worse. Because not only have we broken down, but we are also seeing huge bearish divergences on multiple higher time frames. I...

mattpark01

We are currently 1-3 days from confirmation to the upside or downside. I will update soon... - MP

mattpark01 Updated 

Shiba | Bear Trap Exactly Like Last Time Best of luck to all, - MP

mattpark01

We are at a critical moment here for Shiba. A big move is about to happen in the next couple of hours. I am bullish... - MP

mattpark01

I've done many TV idea posts today. Make sure to check them out. Unlike my previous posts this one will emphasis on simplicity. Cross top blue line = up only. This post and none of my post are for financial advice. Best of luck to all, Matthew Park

mattpark01

Read this entire passage. I am confident after reading you will be able to make better decisions as an investor and/or trader Everyone is always like: "Ah if only I bought #doge last year, #btc in 2008" The reason why those people will never see those type of gains is because they will always sell their entire stack too soon, but more importantly they wreck...

mattpark01

Over the past couple of months, we have seen Shiba rise millions of percent. I have been in Shiba since week 1 and have only sold in the early days (I soon learned how mistaken I was). Luckily I was able to build my stack early this year at the beginning of the shitcoin phase. I will be monitoring price action very closely and will be stopping myself out manually...

mattpark01

Congrats to all who followed me over these past couple days and weeks. This week I called the exact local bottom at $0.00005053 to the dot and I was correct on that pressumption, that is of course assuming this big break-out holds, which it will statistically (could of course not hold, because you know, anything can happen...). I am projecting at least 500%...