Assuming weโre entering a bear market, something like this is very likely. A few months of chop before crashing lower. I will be trading this, will keep you updated with my ideas. If you think something different is happening instead, please let me know ๐
$BTC $70k hit as expected โ We will probably get a nice bounce in a week or too. Iโm looking at $58.8k level ๐
Long term however, I think Bitcoin is a good buy here ๐ซก
Seems like the second arrow is playing out and $BTC is getting rejected from 200 day MA ๐. The next stop is likely $70k ๐ซก
We might still come back up to test some resistance levels โ ๏ธ
Seems like the second arrow is playing out and $BTC is getting rejected from 200 day MA ๐. The next stop is likely $70k ๐ซก
We might still come back up to test some resistance levels โ ๏ธ
Itโs been over a week and bitcoin:native is struggling at $78k level. FOMC meeting has been already priced in, however you need to play 4D chess in these markets:
1. Bitcoin might still pump to 200 daily MA and then dump ๐
2. Bitcoin keeps struggling here and goes lower ๐
Itโs been over a week and bitcoin:native is struggling at $78k level. FOMC meeting has been already priced in, however you need to play 4D chess in these markets:
1. Bitcoin might still pump to 200 daily MA and then dump ๐
2. Bitcoin keeps struggling here and goes lower ๐
Bitcoin tapped $78k to the dollar โ $BTC might still hover around these levels or even go higher briefly, so donโt go too crazy with your shorts โผ๏ธ Low leverage
Bitcoin tapped $78k to the dollar โ $BTC might still hover around these levels or even go higher briefly, so donโt go too crazy with your shorts โผ๏ธ Low leverage
Bitcoin broke out above the trend line, however the price is rising on a declining volume, which tells me this is likely just a relief rally ๐
Next possible rejection level for $BTC is a bull market support band, which is currently at around $78k ๐
Bitcoin broke out above the trend line, however the price is rising on a declining volume, which tells me this is likely just a relief rally ๐
Next possible rejection level for $BTC is a bull market support band, which is currently at around $78k ๐
The top of the trend line is around $74k if Bitcoin taps it in the next few days ๐ If we get rejected there, I expect another ~30% drop for $BTC ๐
The top of the trend line is around $74k if Bitcoin taps it in the next few days ๐ If we get rejected there, I expect another ~30% drop for $BTC ๐
Got opinions on where crypto is heading in 2026? ๐ค
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No financial advice... just opinions on the big trends and narratives shaping what is a very unpredictable year so far.
Almost $500M in longs to be liquidated if Bitcoin goes down to $61k ๐ I am running my shorts to around $64k and then might consider going long on that $BTC bounce ๐
Thatโs why Iโm not a massive fan of formations ๐ Seems like a good old ascending channel. It is still bearish for Bitcoin and I added more to my shorts.
Rethinking the next $BTC target though, probably around $48k or so ๐
Not a massive fan of โformationsโ, but this $BTC wedge looks pretty bearish. The next target is roughly $56k. If we donโt immediately break down and get a bounce, will add to my Bitcoin shorts ๐