$BTC I predicted both major moves almost perfectly. We expected price to retest the FIB level, which happened exactly as anticipated. However, we expected a sweep above it, so our limit order was placed slightly higher. Unfortunately, price only tapped the level before dumping immediately, leaving us sidelined. Even though the probability of a larger upside move is increasing, I still expect price to complete the move toward our main target at $52.500.
$BTC | Trade Update I’m closing this trade here at breakeven. We got a good reaction from my level today, but the price action wasn’t as strong as I expected. With the SpaceX IPO on Friday, I don’t want to be holding any positions. Volatility is likely to increase significantly, and price movements may become more random and unpredictable. I’d rather stay on the sidelines and reassess once the event has passed.
$BTC I’m opening a small long position here. This is a LTF scalp, so I’m only risking 0.3R, a small fraction of the profits we secured from the recent successful short positions. This is the setup: Entry: $61.600 Targets: $65.950 - 68.590 - 73.850 Stoploss: $58.200 https://t.co/oGElhe8wqr
$BTC is already down more than 50% while the S&P 500 continues to grind higher. Now with the SpaceX IPO on Friday, we will see increased volatility as institutions will rotate their capital. From a technical perspective, the major indices are also approaching levels where a larger correction would not be surprising anymore. So the question is… If BTC is already this weak while equities are still holding up, what happens if the major indices finally start correcting? Most people are calling we are to the bottom. But I think the market is still underestimating how much lower BTC can go if risk assets begin rolling over. Just be prepared for everything…
$BTC FULL ANALYSIS Within just three weeks, Bitcoin dumped almost 30%, sweeping the previous major local low. What stands out is that despite taking that liquidity, we haven’t got a daily or weekly close below the level. So for now, that move was simply a liquidity sweep rather than a true breakdown. Over the past two days, price has been slowly recovering, which is healthy for the market after such an aggressive sell-off. At the highs, the 200 EMA acted as perfect resistance, and price continues to trade below it, confirming that the HTF downtrend is still intact. Looking at the liquidation maps, the picture has changed significantly. There are now more than 4x as many shorts as longs positioned in the market. Because of that, a relief pump from current levels would make perfect sense as the market looks to clear some of that newly built-up short liquidity. My overall bias remains bearish, but as long as we don’t get a weekly close below $59.900, short-term bullish price action remains most likely. From here, I am watching two key areas: - The golden FIB level of the recent dump. - The recent range highs, which align with the broken uptrend that now acts as major resistance. My plan is to add to my swing short positions at those levels, still targeting $52.500 as the primary downside target.
$BTC This is exactly why an immediate bearish continuation seems unlikely. My next major HTF target remains $52.500. This is -17% from the current market price. A move into that level would liquidate around $2.75B in long positions. However, if price „only“ retraces into the golden Fibonacci zone of the recent dump ($68.5k–$70.8k), more than $7.8B in short positions would get liquidated. That move is just +10% from current market price. That means longs currently outweigh shorts by 1:4.2 and I don’t think market makers will ignore that liquidity before another leg lower. So a relief pump makes the most sense, not only from a technical perspective, but also from a liquidity perspective. The higher we retrace, the more short liquidity gets cleared, while at the same time more liquidity continues to build below price to target later. That would create healthy conditions for the next major move to the downside.
$BTC I’m moving my stoploss to entry on my swing short trade, which is now up almost 25%. For months, I’ve been calling for this exact move while most people hated me for my analysis. Now the market is doing exactly what I expected and i proved these moonboys wrong again. https://t.co/TGG5T6gBln
$BTC next move… https://t.co/BrFVQM9fMW
$BTC Range lows swept ✅ Exactly as predicted, price swept the range lows and secured a daily close below them, confirming both a lower low and a HTF bearish market structure shift. This breakdown significantly strengthens the bearish case from here. My expectation now is a retest of the recently broken range lows or in the worst-case scenario, a move back towards the range center before continuation to the downside on the higher timeframes.