$btc
7.12% reached ✅️ The low is confirmed.
Alright! Those who have been following me closely, know we have a little celebration going on, because we indeed finally reached a 7.12%+ bounce. Not only that, it happened during our live 60k called bottom, guiding you through the entire process from neutrality to excess to local negative excess now.
That's a big moment, because not only does it mean I will buy spot once the bounce is done and we retrace close to the lows to buy nice and cheap, but it also means our 60k bottom call is still likely correct imo, despite all the bears dancing on the table, telling us 50k is coming, telling us they were "right".
They were indeed right, we made new lows. But what did it lead to, did they make money? They had exactly a 1.49% move below the prior wick low so far.
Which imo means it's not a good time to be bearish as we are forming a bottoming range, both on the monthly and the daily/hourly.
But bears (who don't trade/just engagement farm) will always be loudest when prices are lowest and at the worst times. That's not to dunk on them. I respect every single participant in the market who puts money in them. But it's just being realistic as to who will pay us when we buy and sell.
And that's not to say being bearish overall is bad. The time to be bearish was at 82.3k, not now.
As a bear, going silent at 83k and loud now, is the opposite of what you should be doing.
Being bearish now caused many followers to capitulate into the low, fueling the bounce and many followers of the bear market believers who peak engaged on Friday, induced a lot of selling, influencing panic all around.
So the same way they were peak bearish last time we hit 60k, the same way they are now, simply look at their profiles and how frequent they have been posting last Friday.
So, I think this 7.12% bounce is timed perfectly, off our 60k bottom call and silver channel (+other confluences).
Next, I am looking to short the bounce slowly, until we get a retest back down for spot buys, to go long and close the short into a W.
Yes, that is a short. I talked about why. This is a local short as the bounce likely retraces locally to the lows once it fades out, and then, I long and buy spot. So I build shorts slowly first into that bounce.
This short is on the hourly (shifting locally bearish), which has nothing to do with the monthly (bullish).
I thank the close followers, I thank my edge and my mentors, for teaching me over the years and making bottoms calls like this possible. And I thank the bounce metric as well for presenting itself elegantly.
I spent years deep in ICT content...
Order Blocks, Breaker Blocks, Mitigation Blocks, Lego Blocks, FVGs, the Kuala Lumpur Power Hour Killzone and my favourite the Inverted Reaper Death Seal FVG.
Some of those are obviously fake, hard to tell which ones though.
Whether you believe ICT invented them or just repackaged things that already existed, some of them work.
I still trade these ICT concepts to this day.
The issue with these concepts IMO is that nobody tells you which ones actually matter and for the most part they are made out to be way more complicated than they actually are.
Half of them contradict each other depending on the timeframe and you end up second-guessing every trade because you've got 5 different confluences telling you 5 different things.
So I've spent a bunch of time behind the scenes working on some educational content that I'll be released over the coming months.
Videos as well as a free written newsletter.
The goal is to demystify some of these topics and break them down into an easy to understand and easy to apply framework.
You can get access to the first couple videos and newsletters with the link below.
These are and will remain completely FREE.
After the recent $ETH long that I suggested, it went up and swept the previous high after which I would usually expect a full reversal and retrace if it was not a legit breakout from a major downtrend, which it is, so I think 2700 is likely next before anything else. Agree?
$BTC
3 days ago, I said new highs are coming.
The shorts didn't listen and have been punished.
I'm saying the same now, of new highs coming.
The shorts are once again not listening. And will be punished.
$ETH
Yesterday's long entry was really good!
Was stopped out in profits earlier.
Re-longed here on @BitvalExchange
$2560 first regional target.
Send it!
New leaked Epstein documents show the FBI removed the hard drive from the prison's camera system and wiped all footage from the night Jeffrey Epstein was murdered..
People on Instagram are enjoying sunsets, vacations, destination weddings.
People on X are posting like we’re in the final chapters before civilization collapses.
Same world. Different timelines.
🚨BREAKING: Rep. Ted Lieu says the full Epstein files contain information that Donald Trump RAPED minors.
So he started a war to distract us from his crimes.
What's your response to Ted Lieu......??👀
MAKE THIS GO VIRAL ON 𝕏. LET’S GO 👏