Will update on altcoins soon
Be at ease, we’re good
My plan from now till Q1 2024:
October - November:
- Buying $BTC and altcoins this dip
- FED won’t hike
=> interest rate stabilized
=> risk assets soaring
=> $BTC will hit $32k (either 31th Oct or 1st Nov)
=> Take profit
December:
- Accumulate again as price retrace
- Money historically is drained out at end of year
Q1 2024:
- $BTC ETFs approved
- Airdrop from either L0, ZkSync or Base
=> Hype!
=> Take profit when time is right (I’ll tell)
Trust the plan
#Binance #Bybit #OKX
This #Bitcoin PA has something for everyone. Testing and retesting support at $42k for 4 consecutive days is a sign that there is strong sentiment to stay above $40k, however losing the 21-Day Moving average is a sign that there isn't currently enough sentiment or momentum to push higher.
The 21-Day MA has served as strong Technical Support on the Daily this year. If you look back in history, we do tend to see consolidation and brief periods of whale buying when price trades below the 21-Day MA for extended periods. With that in mind, along with the fact that I expect price to rally toward the @SECGov Jan 5-10 ETF decision window, I'm buying #BTC dips. #NFA
BTC $4h Update - Fake News but Real PA
Cointelegraph is not an accident but a known planned among whales and insiders
Look at the structure of $BTC
24h before the "accident":
- Spot CVD + sm OI + cm OI were opened at an increasing rate with obvious bullish bias
- At the peak of $30k, the whole stablecoin margin futures market is reset => well played
This is like rugging the whole fcking carpet
Going forward:
- Spot CVD is slightly being distributed
- Sm OI is no more => no fear of long/short squeeze
- Cm OI is the master of the current play => focus
Conclusion:
- Price will sideway around $28k before going up higher
- Cuz can't distribute all those $BTC spot at this price
$BTC update
Strong push on all 3 fronts:
- massive spot CVD increase
- shorts around $27k to $27.2k on sm got reckt
- cm market (whales market) is long and strong since $27k
=> sign of short killing and market big move up
Whole market is bullish so some correction is imminent
But its okay, pullback is healthy for a prolonged move
Plan remains the same
Take profit at the end of Oct, when $BTC is around $30k - $32k
#Binance #Bybit #OKX
$APE update 2
Price dip lower than our DCA line
Good thing is the bounce from the ATL at $1
But what special is whales are stepping in at this new low
Looking closer how this played out:
- shorting on sm and cm (increasing OI + negative fr)
- buying on spot in large quantity
=> price remain unchanged => undetected
- using spot + perps to liquidate any large long positions
=> without dead weight, the pump is next (to exit spot position)
I just bought more at this price
$APE chart setup
Another trend I believe will come back strong beside Ai is NFT
Post-nuked timeline already
Strong backers + nice chart
Ideal entry is $1.15, feel free to scale in at your comfort
I hold both $APE and $BLUR
#Binance#Bybit#Okx
$APE update 1
In the past 4 days, the amount of longs liquidated is insane
- 4 instances of abnormal liquidation on both sm and cm markets
Despite that, price still hold strong above $1
As CVD selling diminished,
MM is loading up more OI to short to push price down
I expect price to go down a bit more before resuming upward
A wick below $1.05 is enough to flush out another batch of retails
Will DCA more at RSI bottom
$ARKM update 3
Price is going back to the initial entry
But look closer
On 4th Oct, huge amount of long got liquidated and spot cvd started buying in
On 5th Oct, shorts were opened in large quantity
- cvd on sm was negative
- OI remained high
- negative funding rate
=> another massive amount of longs got liquidated
But spot buyers kept on buying despite the price action
=> when shorts are closed, price will pick up again
@AlgoOnchain $GAS is a pure spot play with interesting CVD activity in last few days
$ALPACA, $FORTH and $BADGER are future Bybit play with ~ $20m mcap