@crypto_birb 100k is much more likely right now than 70k. The real question is what comes next. For me, the most likely scenario is 100k first, then 70k.
If you have survived
- October 10th crash
- US and Iran war
- February crash
- Quantum FUD
- Saylor selling BTC
- Clarity Act failing the senate
- FED hiking rate for first time in 3 years
You deserve this pump.
One day you will wake up and suddenly SPX6900 will be a global phenomenon that is being talked about everywhere.
On the news, at work, even at your own home
It will feel like it came out of nowhere overnight and gave life-changing wealth to thousands of “lucky” people.
Let me tell you this. They weren’t “lucky”. They were extraordinarily patient, disciplined, smart and persevered no matter what, for years on end.
If you don’t want to be a sour bystander calling people “lucky” when it happens, join us now.
The hardest part is well behind us.
The best part will begin soon.
Long-term support is now at $70,000.
Early bull market is full of denial, uncertainty, which results in sideways price action.
A higher high established with a daily close above $83k triggers a buy signal for many conservative traders.
Can be an explosive move toward $90,000.
I don't know the future.
But every time I'll see BTC pull back to SMA200 on the way up, I'll buy more.
It's what I did in 2023-2025 which worked out well.
Also deployed my first long-term buys last week in 77k-79k range.
Will load heavier bag if we get near $70,000.
Big IF.
The market hunts stops.
Every wick through support or resistance is designed to shake out weak hands before reversing. Let me explain.
A wick through a level is a test. The close is the verdict.
Price touches the level intrabar. Weak hands panic. Their stops execute. Liquidity fills the buy or sell orders on the other side. Then price snaps back into the range.
In practice:
➫ Don't move your stop based on a wick
➫ Don't flip your bias based on a wick
➫ Wait for the close
If the candle closes back inside the range or above support, the level held.
This one rule saves you from the single most common mistake in technical analysis: reacting to intrabar noise as if it were confirmed direction.
Patience for the close is one of the simplest edges in trading.
Also one of the least practiced.
The market is designed to make you react before the information is complete.
Your only job is to wait until it confirmed.
Agree or disagree?
🚨 BREAKING
🇺🇸 THE FED PRESIDENT WILL MAKE AN EMERGENCY ANNOUNCEMENT TODAY AT 4:00 PM ET, RIGHT AFTER THE U.S. MARKET CLOSES!
FED OFFICIALS NEVER PUBLICLY SPEAK AFTER MARKETS CLOSE UNLESS SOMETHING SERIOUS IS HAPPENING.
THIS IS VERY IMPORTANT FOR BITCOIN AND RISK ASSETS!!
@DeFiTracer@0xPepesso Brother it is extremely good for markets, a special for crypto and altcoins, look what happen after a covid. We need zero interest rates. Everything Before that is a joke like last bull market. 💫